Saga Communications (SGA) Stock Price, News & Analysis

Company Overview

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. It owns and operates FM and AM radio stations, and metro signals serving various markets. Saga Communications, Inc. was incorporated in 1986 and is headquartered in Grosse Pointe Farms, Michigan.

Key Stats

• Today's Range: $12.01 to $12.20
• 50-Day Range: $10.99 to $12.84
• 52-Week Range: $10.75 to $24.67
• Volume: 2,894 shs
• Average Volume: 11,915 shs
• Market Capitalization: $75.31 million
• P/E Ratio: 16.71
• Dividend Yield: 8.31%
• Price Target: N/A
• Consensus Rating: N/A

Saga Communications Stock Analysis - MarketRank™

Saga Communications scored higher than 90% of companies evaluated by MarketBeat, and ranked 33rd out of 284 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Saga Communications.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 108.70%

Earnings Growth

Earnings for Saga Communications are expected to grow by 108.70% in the coming year, from $0.23 to $0.48 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Saga Communications is 16.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of Saga Communications is 16.71, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.32.

Price to Book Value per Share Ratio

Saga Communications has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.47% of the float of Saga Communications has been sold short.

Short Interest Ratio / Days to Cover

Saga Communications has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Saga Communications has recently increased by 237.70%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Saga Communications is a leading dividend payer. It pays a dividend yield of 8.24%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Saga Communications does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Saga Communications is 138.89%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Saga Communications will have a dividend payout ratio of 208.33% in the coming year. This indicates that Saga Communications may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.47% of the float of Saga Communications has been sold short.

Short Interest Ratio / Days to Cover

Saga Communications has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Saga Communications has recently increased by 237.70%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.91

News Sentiment

Saga Communications has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Saga Communications this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for SGA on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

MarketBeat Follows

1 people have added Saga Communications to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Saga Communications insiders have bought 1,249.44% more of their company's stock than they have sold. Specifically, they have bought $2,706,851.00 in company stock and sold $200,590.00 in company stock.

Percentage Held by Insiders

21.90% of the stock of Saga Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

74.28% of the stock of Saga Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SGA Stock Analysis - Frequently Asked Questions

How have SGA shares performed this year?

Saga Communications' stock was trading at $11.03 on January 1st, 2025. Since then, SGA stock has increased by 9.1% and is now trading at $12.03.
View the best growth stocks for 2025 here.

How were Saga Communications' earnings last quarter?

Saga Communications, Inc. (NASDAQ:SGA) released its quarterly earnings data on Thursday, November, 7th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.07. The company earned $28.12 million during the quarter, compared to analysts' expectations of $28.70 million. Saga Communications had a net margin of 4.24% and a trailing twelve-month return on equity of 3.22%.

Who are Saga Communications' major shareholders?

Saga Communications' top institutional investors include Gate City Capital Management LLC (13.80%), Dimensional Fund Advisors LP (5.67%), Minerva Advisors LLC (3.62%) and Peapod Lane Capital LLC (2.43%). Insiders that own company stock include Edward K Christian Trust and Gate City Capital Management,.
View institutional ownership trends.

How do I buy shares of Saga Communications?

Shares of SGA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Saga Communications own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Saga Communications investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), Humana (HUM), iShares Micro-Cap ETF (IWC) and AUO (AUOTY).

Company Calendar

• Last Earnings: 11/07/2024
• Ex-Dividend for 12/13 Dividend: 11/25/2024
• Dividend Payable: 12/13/2024
• Ex-Dividend for 3/7 Dividend: 2/18/2025
• Today: 2/22/2025
• Dividend Payable: 3/07/2025
• Next Earnings (Estimated): 5/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Radio broadcasting stations
• Sub-Industry: Communication
• Current Symbol: NASDAQ:SGA
• CUSIP: N/A
• CIK: 886136
• Web: sagacom.com
• Phone: (313) 886-7070
• Fax: 313-886-7150
• Employees: 570
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.72
• Trailing P/E Ratio: 16.71
• Forward P/E Ratio: 52.30
• P/E Growth: N/A
• Net Income: $9.50 million
• Net Margins: 4.24%
• Pretax Margin: 5.71%
• Return on Equity: 3.22%
• Return on Assets: 2.40%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 2.64
• Quick Ratio: 2.64

Sales & Book Value

• Annual Sales: $112.77 million
• Price / Sales: 0.67
• Cash Flow: $2.31 per share
• Price / Cash Flow: 5.20
• Book Value: $27.27 per share
• Price / Book: 0.44

Miscellaneous

• Outstanding Shares: 6,260,000
• Free Float: 4,890,000
• Market Cap: $75.31 million
• Optionable: Not Optionable
• Beta: 0.27