Saga Communications (NASDAQ:SGA - Get Free Report) is set to release its earnings data before the market opens on Thursday, November 7th. Analysts expect Saga Communications to post earnings of $0.13 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
Saga Communications (NASDAQ:SGA - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.23). Saga Communications had a net margin of 5.51% and a return on equity of 4.00%. The firm had revenue of $28.74 million for the quarter. During the same quarter in the previous year, the firm posted $0.55 EPS. On average, analysts expect Saga Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Saga Communications Stock Performance
Shares of Saga Communications stock traded down $0.30 on Thursday, reaching $14.01. 14,280 shares of the stock were exchanged, compared to its average volume of 15,528. The business has a 50 day moving average price of $14.50 and a two-hundred day moving average price of $16.58. The firm has a market capitalization of $87.74 million, a price-to-earnings ratio of 12.51 and a beta of 0.26. Saga Communications has a twelve month low of $13.91 and a twelve month high of $27.00. The company has a quick ratio of 2.69, a current ratio of 2.69 and a debt-to-equity ratio of 0.03.
Saga Communications Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 7.14%. The ex-dividend date was Wednesday, September 25th. Saga Communications's payout ratio is 89.29%.
About Saga Communications
(
Get Free Report)
Saga Communications, Inc, a media company, engages in acquiring, developing, and operating broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, country, classic country, hot/soft/urban adult contemporary, oldies, classic rock, rock, and news/talk.
Featured Articles
Before you consider Saga Communications, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Saga Communications wasn't on the list.
While Saga Communications currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
