What is Noble Financial's Forecast for SGA Q2 Earnings?

Saga Communications, Inc. (NASDAQ:SGA - Free Report) - Research analysts at Noble Financial lowered their Q2 2025 EPS estimates for Saga Communications in a report released on Tuesday, May 13th. Noble Financial analyst M. Kupinski now expects that the company will earn $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.

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

Saga Communications Trading Down 0.9%

NASDAQ SGA traded down $0.12 during trading hours on Thursday, hitting $12.47. 2,541 shares of the company were exchanged, compared to its average volume of 16,490. Saga Communications has a 52 week low of $10.75 and a 52 week high of $20.20. 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 stock has a 50-day moving average price of $11.85 and a 200 day moving average price of $12.03. The stock has a market cap of $80.30 million, a PE ratio of 17.31 and a beta of 0.22.

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

Institutional Investors Weigh In On Saga Communications

Several institutional investors have recently made changes to their positions in the company. Krilogy Financial LLC purchased a new stake in Saga Communications in the 4th quarter worth about $265,000. Gate City Capital Management LLC grew its stake 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 valued at $9,528,000 after buying an additional 419,714 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Saga Communications by 4.6% in the fourth quarter. Empowered Funds LLC now owns 28,637 shares of the company's stock worth $316,000 after buying an additional 1,247 shares during the period. Peapod Lane Capital LLC bought a new stake in shares of Saga Communications during the 4th quarter worth approximately $1,675,000. Finally, Dimensional Fund Advisors LP boosted its holdings in Saga Communications by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 354,831 shares of the company's stock valued at $3,914,000 after acquiring an additional 1,770 shares during the period. 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.