Q2 EPS Forecast for Saga Communications Lowered by Analyst

Saga Communications, Inc. (NASDAQ:SGA - Free Report) - Equities research analysts at Noble Financial cut their Q2 2025 earnings per share estimates for Saga Communications in a research report issued to clients and investors on Tuesday, May 13th. Noble Financial analyst M. Kupinski now expects that the company will post earnings of $0.19 per share for the quarter, down from their prior forecast of $0.23. The consensus estimate for Saga Communications' current full-year earnings is $0.23 per share. Noble Financial also issued estimates for Saga Communications' FY2025 earnings at $0.48 EPS.

Saga Communications (NASDAQ:SGA - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.25) earnings per share for the quarter, topping the consensus estimate of ($0.33) by $0.08. The firm had revenue of $24.21 million during the quarter, compared to analysts' expectations of $23.00 million. Saga Communications had a return on equity of 3.22% and a net margin of 4.24%.

Separately, StockNews.com began coverage on Saga Communications in a research report on Friday, May 9th. They set a "hold" rating for the company.

Saga Communications Stock Up 2.5%

Shares of SGA traded up $0.31 on Thursday, hitting $12.51. The company's stock had a trading volume of 6,631 shares, compared to its average volume of 16,606. The company has a quick ratio of 2.64, a current ratio of 2.64 and a debt-to-equity ratio of 0.03. The firm's fifty day moving average price is $11.84 and its 200-day moving average price is $12.05. Saga Communications has a fifty-two week low of $10.75 and a fifty-two week high of $20.20. The firm has a market capitalization of $80.59 million, a price-to-earnings ratio of 17.38 and a beta of 0.22.

Hedge Funds Weigh In On Saga Communications

A number of large investors have recently bought and sold shares of the company. Bridgeway Capital Management LLC boosted its position in Saga Communications by 1.1% during the 4th quarter. Bridgeway Capital Management LLC now owns 78,053 shares of the company's stock worth $861,000 after acquiring an additional 847 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Saga Communications by 4.6% during the 4th quarter. Empowered Funds LLC now owns 28,637 shares of the company's stock worth $316,000 after purchasing an additional 1,247 shares in the last quarter. Northern Trust Corp raised its stake in shares of Saga Communications by 10.4% during the 4th quarter. Northern Trust Corp now owns 13,874 shares of the company's stock worth $153,000 after purchasing an additional 1,306 shares in the last quarter. Aristides Capital LLC raised its stake in shares of Saga Communications by 12.1% during the 4th quarter. Aristides Capital LLC now owns 12,160 shares of the company's stock worth $134,000 after purchasing an additional 1,310 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Saga Communications by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 354,831 shares of the company's stock worth $3,914,000 after purchasing an additional 1,770 shares in the last quarter. Institutional investors and hedge funds 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.