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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
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
SGA
SAGA COMMUNICATIONS INC
$95.83M$112.13M$15.87M$7.00M$1.15-2.69%-2.09%-21.77%-12.72%2024-08-08
TGNA
TEGNA INC
$2.76B$2.88B$1.01B$561.98M$2.89-11.11%5.36%7.84%7.97%2024-08-07
CURI
CURIOSITYSTREAM INC
$61.64M$56.50M-$23.00M-$46.18M-$0.87-22.39%N/AN/AN/A2024-08-12
GTN
GRAY TELEVISION INC
$560.13M$3.30B$852.00M-$9.00M-$0.11-9.51%19.16%N/AN/A2024-08-08
UONE
URBAN ONE INC
$98.85M$472.23M$144.08M$12.47M$0.26-2.10%1.52%-13.33%-40.34%2024-09-13
FUBO
FUBOTV INC
$434.83M$1.45B-$202.42M-$259.85M-$0.8932.59%N/AN/AN/A2024-08-02
SJ
SCIENJOY HOLDING CORP
$36.40M$204.27MN/A-$2.91M-$0.07-21.45%N/AN/AN/A2024-09-04
CMLS
CUMULUS MEDIA INC
$36.14M$838.91M$31.64M-$110.57M-$6.44-9.52%N/AN/AN/A2024-07-26
SSP
EW SCRIPPS CO
$298.01M$2.33B-$606.58M-$1.03B-$11.61-3.67%14.25%N/AN/A2024-08-08
LPTV
LOOP MEDIA INC
$11.10M$25.60M-$21.67M-$29.74M-$0.49-40.71%N/AN/AN/A2024-08-14
IHRT
IHEARTMEDIA INC
$188.24M$3.74B-$243.05M-$898.91M-$6.02-3.64%N/AN/AN/A2024-08-06
BBGI
BEASLEY BROADCAST GROUP INC
$21.15M$243.71M-$60.09M-$71.58M-$2.39-5.70%-1.29%N/AN/A2024-08-01
MDIA
MEDIACO HOLDING INC
$163.00M$31.76M-$6.89M-$11.75M-$0.48-16.01%N/AN/AN/A2024-08-08

Broadcasting Stocks FAQ

What are the best broadcasting stocks to buy right now in Jul 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 61, which is 40 points higher than the broadcasting industry average of 21. It passed 22 out of 38 due diligence checks and has strong fundamentals. Saga Communications has seen its stock lose -27.18% over the past year, overperforming other broadcasting stocks by 8 percentage points.

2. Tegna (NYSE:TGNA)


Tegna (NYSE:TGNA) is the second best broadcasting stock with a Zen Score of 34, which is 13 points higher than the broadcasting industry average of 21. It passed 12 out of 38 due diligence checks and has average fundamentals. Tegna has seen its stock lose -1.99% over the past year, overperforming other broadcasting stocks by 33 percentage points.

Tegna has an average 1 year price target of $17.00, an upside of 4.49% from Tegna's current stock price of $16.27.

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. Curiositystream (NASDAQ:CURI)


Curiositystream (NASDAQ:CURI) is the third best broadcasting stock with a Zen Score of 26, which is 5 points higher than the broadcasting industry average of 21. It passed 9 out of 38 due diligence checks and has average fundamentals. Curiositystream has seen its stock return 10.58% over the past year, overperforming other broadcasting stocks by 45 percentage points.

Curiositystream has an average 1 year price target of $1.35, an upside of 17.39% from Curiositystream's current stock price of $1.15.

Curiositystream stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Curiositystream, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% 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 23.53%, which is 15 percentage points higher than the broadcasting industry average of 8.73%. Saga Communications's dividend payout is not stable, having dropped more than 10% ten 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 5.66%, which is -3 percentage points lower than the broadcasting industry average of 8.73%. 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 4.35%, which is -4 percentage points lower than the broadcasting industry average of 8.73%.

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

Why are broadcasting stocks up?

Broadcasting stocks were up 2.06% in the last day, and up 9.4% 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 100, which is 79 points higher than the broadcasting industry average of 21. It passed 7 out of 7 valuation due diligence checks.

Saga Communications's stock has dropped -27.18% in the past year. It has overperformed other stocks in the broadcasting industry by 8 percentage points.

2. Urban One (NASDAQ:UONE)


Urban One (NASDAQ:UONE) is the second most undervalued broadcasting stock based on WallStreetZen's Valuation Score. Urban One has a valuation score of 43, which is 22 points higher than the broadcasting industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Urban One's stock has dropped -64.78% in the past year. It has underperformed other stocks in the broadcasting industry by -30 percentage points.

3. Ew Scripps Co (NASDAQ:SSP)


Ew Scripps Co (NASDAQ:SSP) is the third most undervalued broadcasting stock based on WallStreetZen's Valuation Score. Ew Scripps Co has a valuation score of 43, which is 22 points higher than the broadcasting industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Ew Scripps Co's stock has dropped -64.17% in the past year. It has underperformed other stocks in the broadcasting industry by -29 percentage points.

Are broadcasting stocks a good buy now?

62.5% of broadcasting stocks rated by analysts are a buy right now. On average, analysts expect broadcasting stocks to rise by 60.05% 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 -2.89x.
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.