NASDAQ:SGA Saga Communications (SGA) Stock Price, News & Analysis → Elon Musk’s Controversial New Project: “Apollo” (From InvestorPlace) (Ad) Free SGA Stock Alerts $22.68 -0.02 (-0.09%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$22.56▼$22.9650-Day Range$21.81▼$24.5052-Week Range$18.89▼$27.00Volume3,794 shsAverage Volume10,670 shsMarket Capitalization$141.98 millionP/E Ratio14.92Dividend Yield4.41%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/Downside19.0% Upside$27.00 Price TargetShort InterestHealthy0.18% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.82Based on 4 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.4.10 out of 5 starsConsumer Discretionary Sector47th out of 270 stocksRadio Broadcasting Stations Industry2nd out of 8 stocks 2.5 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. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.18% 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 0.5, 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 6.90%, 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 4.41%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSaga Communications has only been increasing its dividend for 1 years.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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SGA. Previous Next 2.7 News and Social Media Coverage News SentimentSaga Communications has a news sentiment score of 0.82. 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 0.44 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Saga Communications this week, compared to 1 article on an average week.MarketBeat FollowsOnly 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. 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. Previous Next 1.9 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 14.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Saga Communications is 14.92, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.87.Price to Book Value per Share RatioSaga Communications has a P/B Ratio of 0.83. 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 TradeSmithThe A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...Click here to see Louis' new video for yourself. 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 HeadlinesApril 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 24, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 22, 2024 | globenewswire.comSaga Communications, Inc. Announces Date and Time of 1st Quarter 2024 Earnings Release and Conference CallApril 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 ExpectationsApril 24, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. March 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 dividendDecember 7, 2023 | finance.yahoo.comSaga Communications, Inc. Declares a Special Cash Dividend of $2.00 per ShareNovember 24, 2023 | msn.comSaga Communications, Inc. - (SGA) Declares $0.25 DividendNovember 24, 2023 | finance.yahoo.comSaga Communications (NASDAQ:SGA) investors are sitting on a loss of 21% if they invested five years agoNovember 8, 2023 | morningstar.comSaga Communications Inc Class A SGASee 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 Payable4/05/2024Today4/24/2024Next Earnings (Confirmed)5/09/2024Fiscal 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+19.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.52 Trailing P/E Ratio14.92 Forward P/E Ratio13.75 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 / Sales1.26 Cash Flow$2.33 per share Price / Cash Flow9.75 Book Value$27.27 per share Price / Book0.83Miscellaneous Outstanding Shares6,260,000Free Float4,891,000Market Cap$141.98 million OptionableNot Optionable Beta0.41 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Christopher S. Forgy (Age 63)CEO, President & Director Comp: $452.09kMr. Samuel D. Bush (Age 66)Senior VP, Treasurer & CFO Comp: $498.5kMs. Catherine A. Bobinski (Age 64)Senior VP of Finance, Chief Accounting Officer & Corporate Controller Comp: $332.85kMr. Wayne P. Leland (Age 59)Senior Vice President of Operations Mr. 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 OwnershipGate 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%Acuitas Investments LLCBought 19,650 shares on 2/2/2024Ownership: 2.016%Marquette Asset Management LLCSold 512 shares on 2/2/2024Ownership: 0.347%Significant Wealth Partners LLCBought 53,004 shares on 2/1/2024Ownership: 0.866%View All Institutional Transactions SGA Stock Analysis - Frequently Asked Questions Should I buy or sell Saga Communications stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Saga Communications in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities 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 analysts 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 predict the company's stock price to reach $27.00 in the next year. This suggests a possible upside of 19.0% 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 2024. Since then, SGA shares have increased by 1.9% and is now trading at $22.68. View the best growth stocks for 2024 here. When is Saga Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our SGA earnings forecast. How can I listen to Saga Communications' earnings call? Saga Communications will be holding an earnings conference call on Thursday, May 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Saga Communications' earnings last quarter? Saga Communications, Inc. (NASDAQ:SGA) issued its earnings results on Thursday, March, 7th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.06. The firm had revenue of $29.15 million for the quarter, compared to the consensus estimate of $28.50 million. Saga Communications had a net margin of 8.42% and a trailing twelve-month return on equity of 5.34%. 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. Stockholders of record on Monday, March 18th will be given a dividend of $0.60 per share on Friday, April 5th. The ex-dividend date 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 4.41%. SGA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. 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. 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 4/24/2024 by MarketBeat.com Staff From Our PartnersThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarThe A.I. story nobody is telling you (Read ASAP)TradeSmithtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencySHOCKING Crypto Leak…Crypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest MetalsThe #1 Crypto for 2024InvestorPlaceDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill Publishing 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. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
