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: $12.05 to $12.30
• 50-Day Range: $11.80 to $14.87
• 52-Week Range: $11.71 to $27.00
• Volume: 5,359 shs
• Average Volume: 16,060 shs
• Market Capitalization: $76.56 million
• P/E Ratio: 16.99
• Dividend Yield: 8.18%
• Price Target: N/A
• Consensus Rating: N/A

Saga Communications Stock Analysis - MarketRank™

Saga Communications scored higher than 85% of companies evaluated by MarketBeat, and ranked 32nd out of 288 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: 71.43%

Earnings Growth

Earnings for Saga Communications are expected to grow by 71.43% in the coming year, from $0.28 to $0.48 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Saga Communications is 16.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Saga Communications is 16.99, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.66.

Price to Book Value per Share Ratio

Saga Communications has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.37% 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 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Saga Communications has recently decreased by 4.71%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Saga Communications is a leading dividend payer. It pays a dividend yield of 8.30%, 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

0.37% 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 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Saga Communications has recently decreased by 4.71%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.13

News Sentiment

Saga Communications has a news sentiment score of 1.13. 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 0.63 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Saga Communications this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Saga Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Saga Communications insiders have not sold or bought any 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 $22.26 on January 1st, 2024. Since then, SGA shares have decreased by 45.1% and is now trading at $12.23.
View the best growth stocks for 2024 here.

How were Saga Communications' earnings last quarter?

Saga Communications, Inc. (NASDAQ:SGA) issued its quarterly earnings results on Thursday, August, 8th. The company reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.63 by $0.23. The firm had revenue of $28.74 million for the quarter. 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 shareholders include Minerva Advisors LLC (3.68%), Royce & Associates LP (2.33%), Geode Capital Management LLC (0.86%) and Empowered Funds LLC (0.44%).
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.
Compare Top Brokerages Here.

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: 8/08/2024
• Ex-Dividend for 10/18 Dividend: 9/25/2024
• Dividend Payable: 10/18/2024
• Today: 11/21/2024
• Ex-Dividend for 12/13 Dividend: 11/25/2024
• Dividend Payable: 12/13/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

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: 16.99
• Forward P/E Ratio: 43.68
• 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: 0.68
• Cash Flow: $2.40 per share
• Price / Cash Flow: 5.10
• Book Value: $27.27 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 6,260,000
• Free Float: 4,890,000
• Market Cap: $76.56 million
• Optionable: Not Optionable
• Beta: 0.26