WallStreetZenWallStreetZen

Sectors & IndustriesCommunication ServicesBroadcasting
Best Broadcasting Stocks to Buy Now (2024)
Top broadcasting stocks in 2024 ranked by overall Zen Score. See the best broadcasting stocks to buy now, according to analyst forecasts for the broadcasting industry.

Industry: Broadcasting
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
SGA
SAGA COMMUNICATIONS INC
$17.7614,434-31.86%18.8220.1121.6022.4121.7821.173.693.8713.555.81-1.19-0.95-0.240.72
TGNA
TEGNA INC
$14.912,518,53117.28%14.5314.7614.3114.5814.9156.6032.7829.2930.7523.460.070.11-0.040.62
FUBO
FUBOTV INC
$1.255,292,31230.70%1.261.301.411.792.2741.8310.329.7920.7523.44-0.06-0.060.002.37
UONE
URBAN ONE INC
$2.1178,20172.49%2.162.112.202.783.8148.5327.3823.9033.0128.19-0.02-0.030.010.98
CURI
CURIOSITYSTREAM INC
$1.0470,535-41.13%1.051.101.090.800.7346.8114.0714.7219.2519.68-0.010.01-0.010.73
GTN
GRAY TELEVISION INC
$6.241,227,349-23.72%5.956.366.096.897.2351.9624.8113.5632.9215.84-0.10-0.03-0.061.41
SJ
SCIENJOY HOLDING CORP
$1.0524,96720.33%1.010.960.971.302.1159.0083.1085.4689.5695.170.030.020.020.29
CMLS
CUMULUS MEDIA INC
$2.3326,353-44.87%2.652.732.903.564.2334.384.325.650.000.68-0.14-0.09-0.051.41
LPTV
LOOP MEDIA INC
$0.203,488,781-75.24%0.230.240.290.460.5738.3915.0621.7147.0849.53-0.03-0.030.00-2.00
IHRT
IHEARTMEDIA INC
$0.933,423,025283.74%0.991.331.782.092.4526.4317.7812.2773.8450.22-0.29-0.28-0.021.45
BBGI
BEASLEY BROADCAST GROUP INC
$0.6513,38564.50%0.680.700.730.800.8236.6120.3319.736.497.00-0.02-0.02-0.000.85
SSP
EW SCRIPPS CO
$2.722,330,86053.44%2.783.363.514.795.8236.4913.259.7231.8920.91-0.33-0.26-0.061.55
MDIA
MEDIACO HOLDING INC
$1.0710,997-81.56%1.171.481.781.160.9035.346.117.267.8610.25-0.22-0.18-0.040.75
1

Broadcasting Stocks FAQ

What are the best broadcasting stocks to buy right now in Jun 2024?

According to Zen Score, the 3 best broadcasting stocks to buy right now are:

1. Saga Communications (NASDAQ:SGA)


Saga Communications (NASDAQ:SGA) is the top broadcasting stock with a Zen Score of 42, which is 23 points higher than the broadcasting industry average of 19. It passed 14 out of 38 due diligence checks and has strong fundamentals. Saga Communications has seen its stock lose -8.92% over the past year, overperforming other broadcasting stocks by 20 percentage points.

2. Tegna (NYSE:TGNA)


Tegna (NYSE:TGNA) is the second best broadcasting stock with a Zen Score of 35, which is 16 points higher than the broadcasting industry average of 19. It passed 12 out of 38 due diligence checks and has average fundamentals. Tegna has seen its stock lose -3.74% over the past year, overperforming other broadcasting stocks by 25 percentage points.

Tegna has an average 1 year price target of $17.00, an upside of 14.02% from Tegna's current stock price of $14.91.

Tegna stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Tegna, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Fubotv (NYSE:FUBO)


Fubotv (NYSE:FUBO) is the third best broadcasting stock with a Zen Score of 23, which is 4 points higher than the broadcasting industry average of 19. It passed 8 out of 33 due diligence checks and has weak fundamentals. Fubotv has seen its stock lose -19.35% over the past year, overperforming other broadcasting stocks by 10 percentage points.

Fubotv has an average 1 year price target of $2.98, an upside of 138.64% from Fubotv's current stock price of $1.25.

Fubotv stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Fubotv, 16.67% have issued a Strong Buy rating, 50% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the broadcasting stocks with highest dividends?

Out of 4 broadcasting stocks that have issued dividends in the past year, the 3 broadcasting stocks with the highest dividend yields are:

1. Saga Communications (NASDAQ:SGA)


Saga Communications (NASDAQ:SGA) has an annual dividend yield of 18.86%, which is 12 percentage points higher than the broadcasting industry average of 7.14%. Saga Communications's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Saga Communications's dividend has shown consistent growth over the last 10 years.

Saga Communications's dividend payout ratio of 313% indicates that its high dividend yield might not be sustainable for the long-term.

2. Gray Television (NYSE:GTN)


Gray Television (NYSE:GTN) has an annual dividend yield of 5.13%, which is -2 percentage points lower than the broadcasting industry average of 7.14%. Gray Television's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Gray Television's dividend has not shown consistent growth over the last 10 years.

Gray Television's dividend payout ratio of -290.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Curiositystream (NASDAQ:CURI)


Curiositystream (NASDAQ:CURI) has an annual dividend yield of 2.4%, which is -5 percentage points lower than the broadcasting industry average of 7.14%.

Curiositystream's dividend payout ratio of -2.9% indicates that its dividend yield might not be sustainable for the long-term.

Why are broadcasting stocks up?

Broadcasting stocks were up 0.94% in the last day, and down -1.03% over the last week.

We couldn't find a catalyst for why broadcasting stocks are up.

What are the most undervalued broadcasting stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued broadcasting stocks right now are:

1. Saga Communications (NASDAQ:SGA)


Saga Communications (NASDAQ:SGA) is the most undervalued broadcasting stock based on WallStreetZen's Valuation Score. Saga Communications has a valuation score of 57, which is 40 points higher than the broadcasting industry average of 17. It passed 4 out of 7 valuation due diligence checks.

Saga Communications's stock has dropped -8.92% in the past year. It has overperformed other stocks in the broadcasting industry by 20 percentage points.

2. Tegna (NYSE:TGNA)


Tegna (NYSE:TGNA) is the second most undervalued broadcasting stock based on WallStreetZen's Valuation Score. Tegna has a valuation score of 57, which is 40 points higher than the broadcasting industry average of 17. It passed 4 out of 7 valuation due diligence checks.

Tegna's stock has dropped -3.74% in the past year. It has overperformed other stocks in the broadcasting industry by 25 percentage points.

3. Urban One (NASDAQ:UONE)


Urban One (NASDAQ:UONE) is the third most undervalued broadcasting stock based on WallStreetZen's Valuation Score. Urban One has a valuation score of 43, which is 26 points higher than the broadcasting industry average of 17. It passed 3 out of 7 valuation due diligence checks.

Urban One's stock has dropped -66.24% in the past year. It has underperformed other stocks in the broadcasting industry by -37 percentage points.

Are broadcasting stocks a good buy now?

75% of broadcasting stocks rated by analysts are a buy right now. On average, analysts expect broadcasting stocks to rise by 72.49% over the next year.

What is the average p/e ratio of the broadcasting industry?

The average P/E ratio of the broadcasting industry is -4.83x.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.