NASDAQ:SGA Saga Communications (SGA) Stock Price, News & Analysis → You need to know these two things about AI stocks ASAP… (From InvestorPlace) (Ad) Free SGA Stock Alerts $21.50 -1.35 (-5.91%) (As of 05/9/2024 ET) Add Compare Share Share Today's Range$21.01▼$22.9050-Day Range$21.81▼$24.5052-Week Range$18.89▼$27.00Volume24,273 shsAverage Volume14,367 shsMarket Capitalization$134.65 millionP/E Ratio14.14Dividend Yield4.65%Price Target$27.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Saga Communications alerts: Email Address Saga Communications MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside25.6% Upside$27.00 Price TargetShort InterestHealthy0.11% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.13Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth4.24%From $1.65 to $1.72 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.68 out of 5 starsConsumer Discretionary Sector62nd out of 265 stocksRadio Broadcasting Stations Industry3rd out of 8 stocks 3.5 Analyst's Opinion Consensus RatingSaga Communications has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageSaga Communications has received no research coverage in the past 90 days.Read more about Saga Communications' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.11% of the float of Saga Communications has been sold short.Short Interest Ratio / Days to CoverSaga Communications has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Saga Communications has recently decreased by 38.27%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSaga Communications is a leading dividend payer. It pays a dividend yield of 4.37%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSaga Communications does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Saga Communications is 65.79%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Saga Communications will have a dividend payout ratio of 58.14% next year. This indicates that Saga Communications will be able to sustain or increase its dividend.Read more about Saga Communications' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SGA. Previous Next 1.7 News and Social Media Coverage News SentimentSaga Communications has a news sentiment score of 0.13. 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 lower news sentiment than the 0.44 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Saga Communications this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Saga Communications insiders have not sold or bought any company stock.Percentage Held by Insiders21.90% 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 Institutions74.28% of the stock of Saga Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Saga Communications' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Saga Communications are expected to grow by 4.24% in the coming year, from $1.65 to $1.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Saga Communications is 14.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Saga Communications is 14.14, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.28.Price to Book Value per Share RatioSaga Communications has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingREAD THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”Click on Adam's shiny forehead for more details. About Saga Communications Stock (NASDAQ:SGA)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.Read More SGA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SGA Stock News HeadlinesMay 9, 2024 | investorplace.comSGA Stock Earnings: Saga Communications Reported Results for Q1 2024May 9, 2024 | globenewswire.comSaga Communications, Inc. Reports 1st Quarter 2024 ResultsMay 10, 2024 | InvestorPlace (Ad)Proof that the Musk/Bezos rivalry is about to hit a new levelElon Musk Humiliated Since Jeff Bezos and Elon Musk first met in 2004 — they've been involved in a bitter feud… from rockets, to electric vehicles to who's the world richest person…for going on two decades these two have been at each others throats…May 2, 2024 | finance.yahoo.comInvesting in Saga Communications (NASDAQ:SGA) five years ago would have delivered you a 16% gainMay 2, 2024 | americanbankingnews.comSaga Communications (SGA) to Release Quarterly Earnings on ThursdayApril 24, 2024 | morningstar.comSaga Communications Inc Class AApril 22, 2024 | finance.yahoo.comSaga Communications, Inc. Announces Date and Time of 1st Quarter 2024 Earnings Release and Conference CallApril 22, 2024 | globenewswire.comSaga Communications, Inc. Announces Date and Time of 1st Quarter 2024 Earnings Release and Conference CallMay 10, 2024 | InvestorPlace (Ad)Proof that the Musk/Bezos rivalry is about to hit a new levelElon Musk Humiliated Since Jeff Bezos and Elon Musk first met in 2004 — they've been involved in a bitter feud… from rockets, to electric vehicles to who's the world richest person…for going on two decades these two have been at each others throats…April 10, 2024 | seekingalpha.comEntravision Communications: Unjustified Sell-OffApril 5, 2024 | finance.yahoo.comWith 39% ownership, Saga Communications, Inc. (NASDAQ:SGA) has piqued the interest of institutional investorsMarch 9, 2024 | seekingalpha.comSaga Communications, Inc. (SGA) Q4 2023 Earnings Call TranscriptMarch 9, 2024 | finance.yahoo.comSaga Communications Full Year 2023 Earnings: EPS Beats ExpectationsMarch 8, 2024 | finance.yahoo.comSaga Communications, Inc. (NASDAQ:SGA) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | benzinga.comRecap: Saga Communications Q4 EarningsMarch 7, 2024 | globenewswire.comSaga Communications, Inc. Announces Variable Dividend Declaration and Reports 4th Quarter and Year End 2023 ResultsFebruary 16, 2024 | markets.businessinsider.comSaga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2023 Earnings Release and Conference CallFebruary 16, 2024 | finance.yahoo.comSaga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2023 Earnings Release and Conference CallFebruary 16, 2024 | globenewswire.comSaga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2023 Earnings Release and Conference CallFebruary 16, 2024 | benzinga.comSaga Communications Stock (NASDAQ:SGA) Dividends: History, Yield and DatesFebruary 13, 2024 | msn.comSaga Communications to buy radio stations serving the Greater Lafayette, Indiana radio marketFebruary 13, 2024 | finance.yahoo.comSaga Communications, Inc. Agrees to Acquire Radio Stations Serving the Greater Lafayette, IN Radio MarketJanuary 31, 2024 | wsj.comSaga Communications Inc. Cl AJanuary 24, 2024 | finance.yahoo.comHere’s Why Saga Communications (SGA) Increased in Q4January 20, 2024 | seekingalpha.comMerion Road Capital Q4 2023 Investor LetterDecember 16, 2023 | finance.yahoo.comSaga Communications, Inc.'s (NASDAQ:SGA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?December 7, 2023 | msn.comSaga Communications declares $2.00 dividendSee More Headlines Receive SGA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Saga Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/8 Dividend2/16/2024Last Earnings3/07/2024Dividend Payable3/08/2024Ex-Dividend for 4/5 Dividend3/15/2024Dividend Payable4/05/2024Today5/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Radio broadcasting stations Sub-IndustryN/A Current SymbolNASDAQ:SGA CUSIPN/A CIK886136 Websagacom.com Phone(313) 886-7070Fax313-886-7150Employees589Year FoundedN/APrice Target and Rating Average Stock Price Target$27.00 High Stock Price Target$27.00 Low Stock Price Target$27.00 Potential Upside/Downside+25.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.52 Trailing P/E Ratio14.14 Forward P/E Ratio13.03 P/E GrowthN/ANet Income$9.50 million Net Margins8.42% Pretax Margin11.42% Return on Equity5.34% Return on Assets4.11% Debt Debt-to-Equity RatioN/A Current Ratio2.16 Quick Ratio2.16 Sales & Book Value Annual Sales$112.77 million Price / Sales1.19 Cash Flow$2.15 per share Price / Cash Flow10.01 Book Value$27.27 per share Price / Book0.79Miscellaneous Outstanding Shares6,263,000Free Float4,891,000Market Cap$134.65 million OptionableNot Optionable Beta0.40 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Christopher S. Forgy (Age 63)CEO, President & Director Comp: $1.01MMr. Samuel D. Bush (Age 66)Senior VP, Treasurer & CFO Comp: $484.94kMr. Wayne P. Leland (Age 59)Senior Vice President of Operations Comp: $382.17kMs. Catherine A. Bobinski (Age 64)Senior VP of Finance, Chief Accounting Officer & Corporate Controller Comp: $332.85kMr. Tracy CleetonChief Technical OfficerMr. Eric ChristianChief Marketing OfficerAnnette CalcaterraVice President of Human ResourcesMr. Pat PaxtonSenior Vice President of ContentKatherine L. SemivanVP & Corporate SecretaryMore ExecutivesKey CompetitorsUrban OneNASDAQ:UONEUrban OneNASDAQ:UONEKTownsquare MediaNYSE:TSQEmmis CommunicationsNASDAQ:EMMSCumulus MediaNASDAQ:CMLSView All CompetitorsInstitutional OwnershipEmpowered Funds LLCBought 6,614 shares on 5/7/2024Ownership: 0.387%Gate City Capital Management LLCBought 458,017 shares on 2/15/2024Ownership: 7.484%Lokken Investment Group LLCBought 9,000 shares on 2/13/2024Ownership: 0.147%View All Institutional Transactions SGA Stock Analysis - Frequently Asked Questions Should I buy or sell Saga Communications stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Saga Communications in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SGA shares. View SGA analyst ratings or view top-rated stocks. What is Saga Communications' stock price target for 2024? 1 brokerages have issued twelve-month price objectives for Saga Communications' stock. Their SGA share price targets range from $27.00 to $27.00. On average, they expect the company's share price to reach $27.00 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price. View analysts price targets for SGA or view top-rated stocks among Wall Street analysts. How have SGA shares performed in 2024? Saga Communications' stock was trading at $22.26 at the beginning of the year. Since then, SGA shares have decreased by 3.4% and is now trading at $21.50. View the best growth stocks for 2024 here. Are investors shorting Saga Communications? Saga Communications saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 5,000 shares, a drop of 38.3% from the March 31st total of 8,100 shares. Based on an average trading volume of 12,800 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short. View Saga Communications' Short Interest. How were Saga Communications' earnings last quarter? Saga Communications, Inc. (NASDAQ:SGA) released its quarterly earnings results on Thursday, March, 7th. The company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.06. The business earned $29.15 million during the quarter, compared to analysts' expectations of $28.50 million. Saga Communications had a trailing twelve-month return on equity of 5.34% and a net margin of 8.42%. How often does Saga Communications pay dividends? What is the dividend yield for Saga Communications? Saga Communications announced a None dividend on Thursday, March 7th. Shareholders of record on Monday, March 18th will be paid a dividend of $0.60 per share on Friday, April 5th. The ex-dividend date of this dividend is Friday, March 15th. Read our dividend analysis for SGA. Is Saga Communications a good dividend stock? Saga Communications (NASDAQ:SGA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.37%. SGA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 65.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SGA will have a dividend payout ratio of 58.14% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SGA. Who are Saga Communications' major shareholders? Saga Communications' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Empowered Funds LLC (0.39%). 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. This page (NASDAQ:SGA) was last updated on 5/10/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingShocking: One AI startup's revenue could surge 4,735%Manward PressHe Is Giving Away BitcoinCrypto Swap Profits[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsCharles Payne Demystifies OptionsUnstoppable ProsperityBiden Nomination CANCELED?The Freeport SocietyMissed NVDA? Buy this AI stock NOWChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Saga Communications, Inc. 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