5 Black-Owned Publicly Traded Companies

Urban One, Inc. (UONEK)

Urban One Inc is an urban oriented, multi-media company. Its business is radio broadcasting franchise that is the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the Tom Joyner Morning Show and its related activities. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One’s operations.

Axsome Therapeutics (AXSM)

Axsome Therapeutics Inc is a clinical-stage biopharmaceutical company. It is engaged in developing novel therapies for the management of the central nervous system, or CNS, disorders for which there are limited treatment options. Its pipeline products include AXS-05, AXS-07, AXS-12, and others.

American Shared Hospital Services (AMS)

American Shared Hospital Services

American Shared Hospital Services is engaged in providing gamma knife stereotactic radiosurgery equipment and radiation therapy and related equipment to various medical centers in the United States. The company operates through its business operations i.e. Gamma Knife Stereotactic Radiosurgery which is an alternative to conventional brain surgery and/or radiation therapy; Image Guided Radiation Therapy which captures cone beam imaging, fluoroscopic and x-ray images, creating exact size, location and coordinates of tumors; and Proton Beam Radiation Therapy which treats prostate, brain, spine, head and neck, lung, breast, gastrointestinal tract, and pediatric tumors.

Carver Bancorp (CARV)

Carver Bancorp

Carver Bancorp Inc is a holding company and conducts its business as unitary saving and loan holding firm and the business of the company consists of the operation of its subsidiary. The bank offers a wide range of financial solutions to meet customers personal banking. It offers other consumer and commercial banking products and services, such as debit cards, online banking, online bill pay, and telephone banking. The company provides deposit products, such as demand, savings and time deposits for consumers, businesses, and governmental and quasi-governmental agencies in its market area within New York City.

RLJ LODGING (RLJ)

RLJ LODGING

RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. The company’s hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.

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