NASDAQ:SGA Saga Communications (SGA) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free SGA Stock Alerts $22.70 -0.06 (-0.26%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$22.70▼$23.4150-Day Range$21.81▼$24.5052-Week Range$18.89▼$27.00Volume7,716 shsAverage Volume15,624 shsMarket Capitalization$142.10 millionP/E Ratio14.93Dividend 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/Downside18.9% Upside$27.00 Price TargetShort InterestHealthy0.18% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 3 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.3.78 out of 5 starsConsumer Discretionary Sector111th out of 266 stocksRadio Broadcasting Stations Industry5th 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 4.39%, 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 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 3 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 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 14.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Saga Communications is 14.93, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.16.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 Crypto 101 MediaIncredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide 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 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 CallApril 23, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.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 TranscriptApril 23, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.March 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 SGANovember 3, 2023 | finance.yahoo.comShould You Be Adding Saga Communications (NASDAQ:SGA) To Your Watchlist Today?See 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 Payable4/05/2024Today4/22/2024Next Earnings (Estimated)5/01/2024Fiscal 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+18.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.52 Trailing P/E Ratio14.93 Forward P/E Ratio13.76 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$142.10 million OptionableNot Optionable Beta0.41 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. 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 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 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 Wall Street analysts have issued 1-year price objectives for Saga Communications' shares. Their SGA share price targets range from $27.00 to $27.00. On average, they anticipate the company's share price to reach $27.00 in the next year. This suggests a possible upside of 18.9% 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 start of the year. Since then, SGA shares have increased by 2.0% and is now trading at $22.70. 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 Wednesday, May 1st 2024. View our SGA earnings forecast. How were Saga Communications' earnings last quarter? Saga Communications, Inc. (NASDAQ:SGA) posted its earnings results on Thursday, March, 7th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate 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 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. Investors 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 4.39%. 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. 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