Urban One (UONE)
Market Price (4/29/2026): $5.29 | Market Cap: $23.8 MilSector: Communication Services | Industry: Broadcasting
Urban One (UONE)
Market Price (4/29/2026): $5.29Market Cap: $23.8 MilSector: Communication ServicesIndustry: Broadcasting
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -59% Megatrend and thematic driversMegatrends include Digital Content & Streaming, and Digital Advertising. Themes include Video Streaming, Music Streaming, Show more. | Weak multi-year price returns2Y Excs Rtn is -115%, 3Y Excs Rtn is -166% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1889% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -17%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -8.0%, Rev Chg QQuarterly Revenue Change % is -16% Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.6% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -616% Key risksUONE key risks include [1] a substantial debt burden forcing a restructuring plan that S&P considers tantamount to a default and [2] material weaknesses in its internal controls coupled with NASDAQ non-compliance. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -59% |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming, and Digital Advertising. Themes include Video Streaming, Music Streaming, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -115%, 3Y Excs Rtn is -166% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1889% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -17%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -8.0%, Rev Chg QQuarterly Revenue Change % is -16% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.6% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -616% |
| Key risksUONE key risks include [1] a substantial debt burden forcing a restructuring plan that S&P considers tantamount to a default and [2] material weaknesses in its internal controls coupled with NASDAQ non-compliance. |
Qualitative Assessment
AI Analysis | Feedback
1. Significant Decline in Revenue and Adjusted EBITDA. Urban One reported a substantial decrease in its fourth-quarter 2025 financial results, announced on March 12, 2026. Consolidated net revenue for Q4 2025 was approximately $97.8 million, marking a 16.5% year-over-year decline. Concurrently, consolidated adjusted EBITDA fell by 41.8% to $15.6 million during the same period. This sharp drop in key financial metrics indicates a significant deterioration in the company's operational performance.
2. Widening Net Loss. The company's unprofitability increased considerably, with a net loss of approximately $54.4 million, or $(12.24) per share, for the fourth quarter ended December 31, 2025. This expanded from a net loss of $35.7 million, or $(7.81) per share, in the fourth quarter of 2024. The growing net loss suggests deeper financial challenges impacting investor confidence.
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Stock Movement Drivers
Fundamental Drivers
The -48.1% change in UONE stock from 12/31/2025 to 4/28/2026 was primarily driven by a -44.7% change in the company's P/S Multiple.| (LTM values as of) | 12312025 | 4282026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.30 | 5.34 | -48.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 394 | 374 | -4.9% |
| P/S Multiple | 0.1 | 0.1 | -44.7% |
| Shares Outstanding (Mil) | 4 | 4 | -1.3% |
| Cumulative Contribution | -48.1% |
Market Drivers
12/31/2025 to 4/28/2026| Return | Correlation | |
|---|---|---|
| UONE | -48.1% | |
| Market (SPY) | 5.2% | 23.5% |
| Sector (XLC) | -1.4% | 33.8% |
Fundamental Drivers
The -61.5% change in UONE stock from 9/30/2025 to 4/28/2026 was primarily driven by a -57.5% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 4282026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.90 | 5.34 | -61.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 411 | 374 | -9.0% |
| P/S Multiple | 0.2 | 0.1 | -57.5% |
| Shares Outstanding (Mil) | 4 | 4 | -0.5% |
| Cumulative Contribution | -61.5% |
Market Drivers
9/30/2025 to 4/28/2026| Return | Correlation | |
|---|---|---|
| UONE | -61.5% | |
| Market (SPY) | 8.0% | 20.4% |
| Sector (XLC) | -1.6% | 26.3% |
Fundamental Drivers
The -62.9% change in UONE stock from 3/31/2025 to 4/28/2026 was primarily driven by a -54.2% change in the company's P/S Multiple.| (LTM values as of) | 3312025 | 4282026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.40 | 5.34 | -62.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 450 | 374 | -16.7% |
| P/S Multiple | 0.1 | 0.1 | -54.2% |
| Shares Outstanding (Mil) | 4 | 4 | -2.6% |
| Cumulative Contribution | -62.9% |
Market Drivers
3/31/2025 to 4/28/2026| Return | Correlation | |
|---|---|---|
| UONE | -62.9% | |
| Market (SPY) | 29.3% | 26.8% |
| Sector (XLC) | 21.5% | 32.0% |
Fundamental Drivers
The -92.9% change in UONE stock from 3/31/2023 to 4/28/2026 was primarily driven by a -91.2% change in the company's P/S Multiple.| (LTM values as of) | 3312023 | 4282026 | Change |
|---|---|---|---|
| Stock Price ($) | 75.50 | 5.34 | -92.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 482 | 374 | -22.3% |
| P/S Multiple | 0.7 | 0.1 | -91.2% |
| Shares Outstanding (Mil) | 5 | 4 | 3.7% |
| Cumulative Contribution | -92.9% |
Market Drivers
3/31/2023 to 4/28/2026| Return | Correlation | |
|---|---|---|
| UONE | -92.9% | |
| Market (SPY) | 81.5% | 19.9% |
| Sector (XLC) | 106.3% | 20.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| UONE Return | 10% | -2% | -11% | -62% | -33% | -47% | -87% |
| Peers Return | 51% | -36% | -10% | -30% | 28% | 86% | 46% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 5% | 91% |
Monthly Win Rates [3] | |||||||
| UONE Win Rate | 50% | 50% | 25% | 33% | 25% | 25% | |
| Peers Win Rate | 53% | 25% | 47% | 48% | 50% | 55% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| UONE Max Drawdown | -1% | -10% | -19% | -67% | -34% | -50% | |
| Peers Max Drawdown | -1% | -43% | -36% | -42% | -40% | -22% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: IHRT, SSP, NXST, BBGI, TSQ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/28/2026 (YTD)
How Low Can It Go
| Event | UONE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -82.4% | -25.4% |
| % Gain to Breakeven | 467.8% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -90.6% | -33.9% |
| % Gain to Breakeven | 958.3% | 51.3% |
| Time to Breakeven | Not Fully Recovered days | 148 days |
| 2018 Correction | ||
| % Loss | -60.0% | -19.8% |
| % Gain to Breakeven | 150.0% | 24.7% |
| Time to Breakeven | 943 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -95.8% | -56.8% |
| % Gain to Breakeven | 2281.3% | 131.3% |
| Time to Breakeven | 4,148 days | 1,480 days |
Compare to IHRT, SSP, NXST, BBGI, TSQ
In The Past
Urban One's stock fell -82.4% during the 2022 Inflation Shock from a high on 6/14/2021. A -82.4% loss requires a 467.8% gain to breakeven.
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About Urban One (UONE)
AI Analysis | Feedback
Urban One is like a **smaller, African-American focused Paramount Global**, spanning radio, television, and digital content.
Imagine **iHeartMedia's radio operations combined with BET Networks' TV channels**, amplified by dedicated digital platforms and syndicated shows, all serving the African-American community.
AI Analysis | Feedback
- Radio Broadcasting: Operates 64 broadcast stations primarily targeting African-American and urban listeners.
- Cable Television Networks: Manages TV One, an African-American targeted network, and CLEO TV, a lifestyle and entertainment network.
- Syndicated Radio Programming: Produces and distributes popular syndicated radio shows like the Rickey Smiley Morning Show.
- Digital Platforms: Operates various digital platforms and websites, including BlackAmericaWeb.com, Cassius, Bossip, HipHopWired, and MadameNoire.
- Event Related Activities: Organizes and promotes various event-related activities.
AI Analysis | Feedback
Urban One (UONE) sells primarily to other companies. Its major customers are businesses that purchase advertising space, content syndication rights, and carriage fees. While specific company names are not provided in the background information, Urban One's customer base generally includes:- Companies that advertise their products and services on Urban One's radio stations, cable television networks (TV One, CLEO TV), and digital platforms (Interactive One brands like Cassius, Bossip, HipHopWired, MadameNoire). These advertisers span various industries and seek to reach Urban One's target African-American and urban audience.
- Advertising agencies that buy media on behalf of their clients to place advertisements across Urban One's various media properties.
- Other radio stations that license syndicated programming from Urban One's Reach Media segment (e.g., Get Up! Mornings with Erica Campbell Show, Rickey Smiley Morning Show).
- Cable and satellite television providers that pay affiliate fees to carry TV One and CLEO TV networks on their platforms.
AI Analysis | Feedback
nullAI Analysis | Feedback
Urban One, Inc. (UONE) Management Team:Cathy Hughes Founder and Chairperson
Cathy Hughes founded Radio One (now Urban One) in 1980. She financed the venture by selling her home and car, building the company station by station. Hughes became the first African American woman with a NASDAQ-listed company when Radio One went public in 1999.
Alfred C. Liggins, III President, Chief Executive Officer (CEO), and Treasurer
Alfred C. Liggins, III is the son of founder Cathy Hughes and literally grew up immersed in the media business, often doing his homework at his mother's radio station. He joined Radio One in 1985 as an account manager and was promoted to President in 1989. Liggins earned an MBA from the Wharton School of Business in 1995 and was named CEO in 1997. Under his leadership, the company went public in 1999 to support expansion and he brokered a $1.3 billion deal with Clear Channel, adding multiple stations. He also led the company's expansion into cable television with the creation of TV One. Liggins has served on the boards of the National Association of Broadcasters and the National Cable and Telecommunications Association. His career has predominantly been with Urban One/Radio One, with no indications of him founding or managing other companies, selling companies to an acquirer, or a pattern of managing companies backed by private equity firms outside of this context.
Peter D. Thompson Executive Vice President and Chief Financial Officer (CFO)
Peter D. Thompson joined Urban One (formerly Radio One) in October 2007 as Executive Vice President of Business Development and became Chief Financial Officer in February 2008. Before his tenure at Urban One, he spent 13 years at Universal Music in the United Kingdom, where he served for five years as CFO of Universal Music International Ltd. Prior to Universal Music, Thompson spent four years in public accounting at KPMG. There is no information indicating he founded or managed other companies, sold companies he was previously involved with to an acquirer, or has a pattern of managing companies backed by private equity firms.
Karen Wishart Executive Vice President, Chief Administrative Officer
Karen Wishart serves as the Executive Vice President, Chief Administrative Officer for Urban One.
Michelle Rice President, TV One & CLEO TV
Michelle Rice holds the position of President for TV One and CLEO TV, the cable television networks operated by Urban One.
AI Analysis | Feedback
The key risks to Urban One's business include declining traditional media consumption, volatility in advertising revenue combined with intense competition, and significant debt coupled with asset impairments.Declining Traditional Media Consumption and Audience Migration
Urban One's core revenue streams from radio broadcasting and cable television are highly susceptible to the ongoing shift in media consumption habits, as audiences increasingly migrate to digital streaming, on-demand content, and alternative platforms. The company has experienced "slumping radio, digital, and TV income" and "declining traditional media ad revenue" due to these shifts. Radio revenue has been particularly hard hit, and the cable TV segment faces "subscriber churn" and "declining audience delivery". This trend, referred to as "secular declines in linear radio and pay-TV," poses a fundamental challenge to Urban One's long-standing business model.
Volatile Advertising Market and Intense Competition
Urban One faces significant challenges from "falling advertising and audience numbers across its business". The media landscape is highly competitive across all its segments (radio, cable, digital), with competition stemming from other radio groups (e.g., iHeartMedia, Audacy), major cable conglomerates (e.g., Paramount Global, Disney), and rapidly growing digital platforms (e.g., YouTube, TikTok, Instagram). This intense competition, combined with a "broader softness in the radio advertising market" and the "absence of political ad dollars" in certain periods, directly impacts advertising revenue. Even the digital segment, a critical area for growth, experienced a "sharp 30.0% drop in Q3 2025 revenue, driven by broader weakness in streaming and podcasting and the loss of exclusive deals".
Significant Debt and Asset Impairments
Urban One carries a substantial amount of debt, with some analysts noting the company "really is carrying too much debt". Although the company completed a "major refinancing" in 2025 to repurchase senior secured notes and extend debt maturities, high debt levels continue to present a financial risk. Compounding this, Urban One has recorded "very large write-downs on radio licenses and goodwill" and "massive impairment charges," particularly in its cable television unit, indicating a significant reduction in the value of its assets. These impairments reflect the struggles in their core businesses and can impact the company's financial flexibility and long-term outlook.
AI Analysis | Feedback
One clear emerging threat for Urban One's Radio Broadcasting and Reach Media segments is the continued shift in audio consumption habits towards on-demand streaming services and podcasts. These platforms offer personalized content, extensive libraries, and often ad-free experiences, directly competing with and drawing listeners away from traditional terrestrial and syndicated radio programming.
Another clear emerging threat for Urban One's Cable Television segment is the accelerating trend of "cord-cutting" and the proliferation of direct-to-consumer (DTC) streaming services. Consumers are increasingly opting to cancel or reduce traditional cable TV subscriptions in favor of a multitude of online streaming platforms, directly impacting the viewership, advertising revenue, and subscriber base for traditional cable networks like TV One and CLEO TV.
AI Analysis | Feedback
For Urban One, Inc. (UONE), the addressable markets for their main products and services in the U.S. are as follows:
-
Radio Broadcasting: The U.S. radio advertising market is estimated at approximately USD 28.75 billion in 2025 and is projected to grow to about USD 36.71 billion by 2030. Radio continues to reach a substantial portion of the Black consumer market, with nearly 90% of Black consumers tuning into radio. Black radio listeners spend an average of 11 hours and 17 minutes per week with AM/FM radio, surpassing the national average.
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Cable Television (TV One, CLEO TV): The U.S. television advertising market (within broadcasting and cable TV) accounted for approximately USD 67.3 billion in 2024. The broader U.S. broadcasting and cable TV market, which includes advertising and subscriptions, generated USD 125.33 billion in 2024 and is projected to reach USD 142.63 billion by 2030. Black adults spend 31.8% more time with television each week compared to the general population. Black households also demonstrate a preference for networks like TV One.
-
Reach Media (Syndicated Programming, BlackAmericaWeb.com) and Digital (Interactive One, Cassius, Bossip, HipHopWired, MadameNoire):
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Podcast Advertising (relevant for syndicated programming and digital audio content): The U.S. podcast advertising market generated approximately USD 5.92 billion in 2024 and is expected to reach USD 10.59 billion by 2030. Other estimates project the U.S. podcast advertising market to grow to nearly $2.6 billion by 2026.
-
Digital Advertising (for websites and digital platforms): While a specific market size for "African-American digital advertising" is not readily available, the overall U.S. digital advertising market serves as the broader addressable market. Within this, Black Americans possess significant economic influence, with their buying power expected to exceed $2.1 trillion in the U.S. by 2026. Black Americans are highly receptive to digital advertising and marketing, exhibiting higher smartphone ownership and usage rates compared to the general population.
-
AI Analysis | Feedback
For Urban One (NASDAQ: UONE), the following 3-5 drivers are expected to contribute to future revenue growth over the next 2-3 years:
- Increased Political Advertising: Urban One anticipates a significant boost from political advertising, particularly during election cycles. The company is optimistic about stronger midterm political ad spending in 2026, which is expected to be a primary driver of revenue growth.
- Expansion and Monetization of Digital Platforms (CTV/FAST and Podcasts): The company is strategically focused on expanding its Connected TV (CTV) and Free Ad-Supported Streaming TV (FAST) inventory, aiming for improved sell-through rates. Concurrently, Urban One plans to increase its podcast franchises and accelerate monetization of short-form content to achieve higher average revenue per user (ARPU).
- Growth in Branded Content and Cross-Platform Advertising Solutions: Urban One is diversifying its revenue streams through an emphasis on branded content, experiential offerings, and "One Solution" deals. This strategy includes cross-platform bundling and expansion into new ad categories to attract a broader range of advertisers.
- Opportunistic Strategic Acquisitions and Market Expansion: While the immediate focus has included debt reduction, Urban One has indicated that it will consider opportunistic radio acquisitions when market valuations and debt markets normalize. Management is also exploring potential mergers and acquisitions, anticipating industry deregulation, which could lead to inorganic growth.
AI Analysis | Feedback
Urban One, Inc. (UONE) has made several capital allocation decisions over the last 3-5 years.Share Repurchases
- In December 2025, Urban One completed a private placement debt exchange, repurchasing $185.0 million of its 7.375% Senior Secured Notes due 2028 for $111.0 million, effectively reducing its outstanding debt.
- During the fourth quarter of 2025, the company repurchased approximately $0.1 million of Class D Common Stock, totaling 13,773 shares.
- In the fourth quarter of 2024, Urban One repurchased approximately $2.1 million of Class A Common Stock, amounting to 138,654 shares.
Share Issuance
- Effective January 22, 2026, Urban One implemented a 1-for-10 reverse stock split across all classes of its common stock to regain compliance with Nasdaq's minimum bid price requirement. Stockholders received cash in lieu of any fractional shares resulting from the split.
Outbound Investments
- On April 11, 2023, Urban One completed a corporate asset purchase, acquiring four radio stations in Houston from Cox Media Group.
Capital Expenditures
- For the three months ended December 31, 2025, capital expenditures were approximately $3.2 million, primarily driven by the build-out of a studio in the Indianapolis radio market.
- Capital expenditures for the three months ended December 31, 2024, were approximately $1.3 million.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Urban One Earnings Notes | 12/16/2025 | |
| Is Urban One Stock Built to Withstand More Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 5.83 |
| Mkt Cap | 0.3 |
| Rev LTM | 1,289 |
| Op Inc LTM | 109 |
| FCF LTM | 9 |
| FCF 3Y Avg | 32 |
| CFO LTM | 42 |
| CFO 3Y Avg | 87 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -11.4% |
| Rev Chg 3Y Avg | -3.2% |
| Rev Chg Q | -14.9% |
| QoQ Delta Rev Chg LTM | -4.4% |
| Op Inc Chg LTM | -47.6% |
| Op Inc Chg 3Y Avg | -14.0% |
| Op Mgn LTM | 6.7% |
| Op Mgn 3Y Avg | 13.0% |
| QoQ Delta Op Mgn LTM | -4.0% |
| CFO/Rev LTM | 2.4% |
| CFO/Rev 3Y Avg | 7.5% |
| FCF/Rev LTM | 0.3% |
| FCF/Rev 3Y Avg | 4.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.3 |
| P/S | 0.2 |
| P/Op Inc | 2.2 |
| P/EBIT | 1.3 |
| P/E | -1.0 |
| P/CFO | 6.4 |
| Total Yield | -40.8% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 16.2% |
| D/E | 6.7 |
| Net D/E | 6.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 27.6% |
| 3M Rtn | 21.1% |
| 6M Rtn | 37.8% |
| 12M Rtn | 77.7% |
| 3Y Rtn | 1.4% |
| 1M Excs Rtn | 15.5% |
| 3M Excs Rtn | 18.8% |
| 6M Excs Rtn | 28.1% |
| 12M Excs Rtn | 50.7% |
| 3Y Excs Rtn | -63.7% |
Price Behavior
| Market Price | $5.34 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 05/06/1999 | |
| Distance from 52W High | -71.1% | |
| 50 Days | 200 Days | |
| DMA Price | $7.79 | $12.11 |
| DMA Trend | down | down |
| Distance from DMA | -31.4% | -55.8% |
| 3M | 1YR | |
| Volatility | 103.1% | 74.3% |
| Downside Capture | 2.16 | 1.56 |
| Upside Capture | -79.56 | 72.37 |
| Correlation (SPY) | 24.7% | 21.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 3.13 | 1.16 | 1.60 | 1.07 | 1.00 | 0.96 |
| Up Beta | 0.23 | -3.00 | -5.07 | -2.22 | 0.56 | 0.86 |
| Down Beta | 5.64 | 6.75 | 4.04 | 2.63 | 1.09 | 0.84 |
| Up Capture | -87% | -276% | 64% | 7% | 74% | 15% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 5 | 14 | 26 | 51 | 107 | 338 |
| Down Capture | 399% | 235% | 228% | 170% | 145% | 110% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 17 | 28 | 35 | 70 | 129 | 384 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UONE | |
|---|---|---|---|---|
| UONE | -62.0% | 75.3% | -0.96 | - |
| Sector ETF (XLC) | 24.3% | 13.2% | 1.39 | 28.4% |
| Equity (SPY) | 31.5% | 12.5% | 1.92 | 21.9% |
| Gold (GLD) | 38.6% | 27.2% | 1.18 | 8.8% |
| Commodities (DBC) | 45.9% | 18.0% | 1.95 | -1.2% |
| Real Estate (VNQ) | 14.4% | 13.4% | 0.75 | 11.7% |
| Bitcoin (BTCUSD) | -19.0% | 42.1% | -0.39 | 1.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UONE | |
|---|---|---|---|---|
| UONE | -35.7% | 87.8% | -0.10 | - |
| Sector ETF (XLC) | 9.9% | 20.7% | 0.39 | 21.1% |
| Equity (SPY) | 12.9% | 17.1% | 0.59 | 20.9% |
| Gold (GLD) | 20.2% | 17.8% | 0.92 | 8.5% |
| Commodities (DBC) | 14.8% | 19.1% | 0.63 | 9.7% |
| Real Estate (VNQ) | 3.4% | 18.8% | 0.09 | 19.8% |
| Bitcoin (BTCUSD) | 7.3% | 56.2% | 0.35 | 13.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UONE | |
|---|---|---|---|---|
| UONE | -11.5% | 168.7% | 0.41 | - |
| Sector ETF (XLC) | 9.6% | 22.3% | 0.51 | 8.3% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 10.0% |
| Gold (GLD) | 13.4% | 15.9% | 0.70 | 1.2% |
| Commodities (DBC) | 9.9% | 17.7% | 0.46 | 5.2% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 9.5% |
| Bitcoin (BTCUSD) | 67.8% | 66.9% | 1.07 | 3.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/17/2026 | -5.0% | -13.6% | -16.4% |
| 11/4/2025 | -0.2% | -8.8% | -7.3% |
| 8/13/2025 | 3.1% | 0.6% | -13.5% |
| 3/27/2025 | 1.4% | -1.4% | -3.4% |
| 11/12/2024 | -15.1% | -12.0% | 1.2% |
| 6/13/2024 | -1.4% | -13.6% | -9.5% |
| 12/12/2023 | 4.2% | 0.5% | -5.1% |
| 9/29/2023 | 1.0% | 3.8% | 8.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 7 | 5 | 5 |
| # Negative | 10 | 12 | 12 |
| Median Positive | 1.4% | 3.8% | 8.0% |
| Median Negative | -2.0% | -10.9% | -10.8% |
| Max Positive | 18.1% | 20.4% | 27.5% |
| Max Negative | -15.1% | -18.3% | -70.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/20/2026 | 10-K |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/14/2025 | 10-Q |
| 12/31/2024 | 03/27/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 06/07/2024 | 10-Q |
| 12/31/2023 | 06/07/2024 | 10-K |
| 09/30/2023 | 12/22/2023 | 10-Q |
| 06/30/2023 | 11/20/2023 | 10-Q |
| 03/31/2023 | 11/20/2023 | 10-Q |
| 12/31/2022 | 06/30/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
| 03/31/2022 | 05/09/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 3/17/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Cable TV Revenue Lift | 0.4 | 0.45 | 0.5 | Higher New | Actual: 0 for Q4 2025 | ||
| Q1 2026 Radio Pacings Growth | -5.0% | ||||||
Prior: Q3 2025 Earnings Reported 11/4/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Radio segment pacing | -0.3 | ||||||
| Q4 2025 Radio segment pacing ex political | -0.06 | ||||||
| 2025 Adjusted EBITDA | 56.00 Mil | 57.00 Mil | 58.00 Mil | -5.0% | Lowered | Guidance: 60.00 Mil for 2025 | |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Jones, Terry L | Direct | Sell | 12292025 | 0.85 | 1,400 | 1,191 | 418,324 | Form | |
| 2 | Jones, Terry L | Direct | Sell | 12292025 | 0.84 | 987 | 832 | 415,471 | Form | |
| 3 | Jones, Terry L | Direct | Sell | 12232025 | 0.92 | 619 | 568 | 453,511 | Form | |
| 4 | Jones, Terry L | Direct | Sell | 12232025 | 0.96 | 1,630 | 1,573 | 477,332 | Form | |
| 5 | McNeill, Brian W | Direct | Sell | 8282025 | 0.82 | 220,901 | 180,432 | 191,305 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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