Noble Financial Has Negative Estimate for SGA Q3 Earnings

Key Points

• Noble Financial has lowered its Q3 2025 earnings estimate for Saga Communications to $0.21 per share from a previous estimate of $0.31, indicating a negative outlook.
• Saga Communications recently reported Q2 earnings of $0.18 per share, which missed consensus estimates and revealed a net margin of just 1.91%.
• The firm declared a quarterly dividend of $0.25 per share, reflecting an annualized yield of 7.7%, although its dividend payout ratio is notably high at 303.03%.

Saga Communications, Inc. (NASDAQ:SGA - Free Report) - Equities research analysts at Noble Financial dropped their Q3 2025 earnings per share estimates for Saga Communications in a research report issued on Friday, August 8th. Noble Financial analyst M. Kupinski now anticipates that the company will earn $0.21 per share for the quarter, down from their prior forecast of $0.31. The consensus estimate for Saga Communications' current full-year earnings is $0.23 per share. Noble Financial also issued estimates for Saga Communications' Q4 2025 earnings at $0.16 EPS and FY2026 earnings at $0.73 EPS.

Saga Communications (NASDAQ:SGA - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.01). The company had revenue of $28.23 million during the quarter, compared to analysts' expectations of $28.55 million. Saga Communications had a return on equity of 1.27% and a net margin of 1.91%.

Separately, Wall Street Zen started coverage on Saga Communications in a research report on Tuesday, May 20th. They issued a "hold" rating for the company.

Saga Communications Stock Performance

SGA traded up $0.02 during midday trading on Monday, reaching $12.98. The company had a trading volume of 954 shares, compared to its average volume of 10,696. The company has a quick ratio of 2.72, a current ratio of 2.76 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average of $12.89 and a two-hundred day moving average of $12.28. The company has a market cap of $83.56 million, a P/E ratio of 39.32 and a beta of 0.32. Saga Communications has a 1 year low of $10.75 and a 1 year high of $15.64.

Saga Communications Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 19th. Investors of record on Tuesday, August 26th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 7.7%. Saga Communications's dividend payout ratio is currently 303.03%.

Insider Activity

In related news, major shareholder Edward K. Christian Trust sold 3,017 shares of the stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $13.50, for a total transaction of $40,729.50. Following the completion of the sale, the insider owned 902,386 shares in the company, valued at approximately $12,182,211. This trade represents a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 43,270 shares of company stock worth $567,682 in the last three months. Company insiders own 22.40% of the company's stock.

Institutional Trading of Saga Communications

Several institutional investors have recently made changes to their positions in SGA. Gate City Capital Management LLC grew its position in shares of Saga Communications by 94.5% during the fourth quarter. Gate City Capital Management LLC now owns 863,845 shares of the company's stock worth $9,528,000 after purchasing an additional 419,714 shares in the last quarter. Peapod Lane Capital LLC grew its position in shares of Saga Communications by 34.2% during the first quarter. Peapod Lane Capital LLC now owns 203,707 shares of the company's stock worth $2,540,000 after purchasing an additional 51,884 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Saga Communications during the first quarter worth about $529,000. Mork Capital Management LLC grew its position in shares of Saga Communications by 100.0% during the first quarter. Mork Capital Management LLC now owns 50,000 shares of the company's stock worth $624,000 after purchasing an additional 25,000 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in Saga Communications during the fourth quarter valued at approximately $115,000. Hedge funds and other institutional investors own 74.28% of the company's stock.

About Saga Communications

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.