QQQ   443.86 (-0.22%)
AAPL   171.16 (-1.24%)
MSFT   419.91 (-0.36%)
META   486.24 (-1.54%)
GOOGL   150.73 (-0.09%)
AMZN   179.96 (+0.07%)
TSLA   177.36 (-1.37%)
NVDA   905.83 (+0.37%)
NIO   4.56 (-2.36%)
AMD   180.53 (+0.52%)
BABA   72.43 (+1.17%)
T   17.66 (+0.63%)
F   13.18 (+0.92%)
MU   117.65 (-1.25%)
CGC   9.71 (+1.68%)
GE   174.83 (-2.94%)
DIS   122.49 (+1.25%)
AMC   3.68 (-15.21%)
PFE   28.02 (+0.86%)
PYPL   67.09 (+0.78%)
XOM   115.96 (+0.86%)
QQQ   443.86 (-0.22%)
AAPL   171.16 (-1.24%)
MSFT   419.91 (-0.36%)
META   486.24 (-1.54%)
GOOGL   150.73 (-0.09%)
AMZN   179.96 (+0.07%)
TSLA   177.36 (-1.37%)
NVDA   905.83 (+0.37%)
NIO   4.56 (-2.36%)
AMD   180.53 (+0.52%)
BABA   72.43 (+1.17%)
T   17.66 (+0.63%)
F   13.18 (+0.92%)
MU   117.65 (-1.25%)
CGC   9.71 (+1.68%)
GE   174.83 (-2.94%)
DIS   122.49 (+1.25%)
AMC   3.68 (-15.21%)
PFE   28.02 (+0.86%)
PYPL   67.09 (+0.78%)
XOM   115.96 (+0.86%)
QQQ   443.86 (-0.22%)
AAPL   171.16 (-1.24%)
MSFT   419.91 (-0.36%)
META   486.24 (-1.54%)
GOOGL   150.73 (-0.09%)
AMZN   179.96 (+0.07%)
TSLA   177.36 (-1.37%)
NVDA   905.83 (+0.37%)
NIO   4.56 (-2.36%)
AMD   180.53 (+0.52%)
BABA   72.43 (+1.17%)
T   17.66 (+0.63%)
F   13.18 (+0.92%)
MU   117.65 (-1.25%)
CGC   9.71 (+1.68%)
GE   174.83 (-2.94%)
DIS   122.49 (+1.25%)
AMC   3.68 (-15.21%)
PFE   28.02 (+0.86%)
PYPL   67.09 (+0.78%)
XOM   115.96 (+0.86%)
QQQ   443.86 (-0.22%)
AAPL   171.16 (-1.24%)
MSFT   419.91 (-0.36%)
META   486.24 (-1.54%)
GOOGL   150.73 (-0.09%)
AMZN   179.96 (+0.07%)
TSLA   177.36 (-1.37%)
NVDA   905.83 (+0.37%)
NIO   4.56 (-2.36%)
AMD   180.53 (+0.52%)
BABA   72.43 (+1.17%)
T   17.66 (+0.63%)
F   13.18 (+0.92%)
MU   117.65 (-1.25%)
CGC   9.71 (+1.68%)
GE   174.83 (-2.94%)
DIS   122.49 (+1.25%)
AMC   3.68 (-15.21%)
PFE   28.02 (+0.86%)
PYPL   67.09 (+0.78%)
XOM   115.96 (+0.86%)
NASDAQ:SGA

Saga Communications (SGA) Stock Price, News & Analysis

$22.39
+0.03 (+0.13%)
(As of 11:59 AM ET)
Today's Range
$22.30
$22.58
50-Day Range
$21.84
$24.50
52-Week Range
$18.89
$27.00
Volume
5,042 shs
Average Volume
16,814 shs
Market Capitalization
$140.16 million
P/E Ratio
14.73
Dividend Yield
4.47%
Price Target
$27.00

Saga Communications MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.6% Upside
$27.00 Price Target
Short Interest
Healthy
0.19% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.44mentions of Saga Communications in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.24%
From $1.65 to $1.72 Per Share

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.

4.62 out of 5 stars

Consumer Discretionary Sector

97th out of 274 stocks

Radio Broadcasting Stations Industry

4th out of 9 stocks

SGA stock logo

About Saga Communications Stock (NASDAQ:SGA)

Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk. It owned FM and AM radio stations, and metro signals serving various markets. The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.

SGA Stock Price History

SGA Stock News Headlines

Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
Recap: Saga Communications Q4 Earnings
Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
Saga Communications Inc. Cl A
Here’s Why Saga Communications (SGA) Increased in Q4
Merion Road Capital Q4 2023 Investor Letter
Saga Communications Inc Class A SGA
Saga Communications (SGA) Q3 Earnings Miss Estimates
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.

Company Calendar

Ex-Dividend for 3/8 Dividend
2/16/2024
Dividend Payable
3/08/2024
Ex-Dividend for 4/5 Dividend
3/15/2024
Today
3/28/2024
Dividend Payable
4/05/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
N/A
Current Symbol
NASDAQ:SGA
Employees
585
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.00
High Stock Price Target
$27.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+20.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$9.50 million
Pretax Margin
11.42%

Debt

Sales & Book Value

Annual Sales
$112.77 million
Cash Flow
$2.30 per share
Book Value
$27.27 per share

Miscellaneous

Free Float
4,923,000
Market Cap
$139.97 million
Optionable
Not Optionable
Beta
0.40
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Christopher S. Forgy (Age 63)
    CEO, President & Director
    Comp: $452.09k
  • Mr. Samuel D. Bush (Age 66)
    Senior VP, Treasurer & CFO
    Comp: $498.5k
  • Ms. Catherine A. Bobinski (Age 64)
    Senior VP of Finance, Chief Accounting Officer & Corporate Controller
    Comp: $332.85k
  • Mr. Wayne P. Leland (Age 59)
    Senior Vice President of Operations
  • Mr. Tracy Cleeton
    Chief Technical Officer
  • Mr. Eric Christian
    Chief Marketing Officer
  • Annette Calcaterra
    Vice President of Human Resources
  • Mr. Pat Paxton
    Senior Vice President of Content
  • Katherine L. Semivan
    VP & Corporate Secretary

SGA Stock Analysis - Frequently Asked Questions

Should I buy or sell Saga Communications stock right now?

1 Wall Street 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 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 research analysts have issued twelve-month target prices for Saga Communications' shares. Their SGA share price targets range from $27.00 to $27.00. On average, they anticipate the company's stock price to reach $27.00 in the next year. This suggests a possible upside of 20.6% 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 on January 1st, 2024. Since then, SGA stock has increased by 0.6% and is now trading at $22.39.
View the best growth stocks for 2024 here
.

Are investors shorting Saga Communications?

Saga Communications saw a decline in short interest in March. As of March 15th, there was short interest totaling 8,700 shares, a decline of 27.5% from the February 29th total of 12,000 shares. Based on an average trading volume of 18,600 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are short sold.
View Saga Communications' Short Interest
.

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 often does Saga Communications pay dividends? What is the dividend yield for Saga Communications?

Saga Communications declared a None dividend on Thursday, March 7th. Stockholders of record on Monday, March 18th will be paid 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 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 many different institutional and retail investors. Top institutional investors include Gate City Capital Management LLC (7.48%), Dimensional Fund Advisors LP (5.66%), Vanguard Group Inc. (3.38%), Vanguard Group Inc. (3.38%), Acuitas Investments LLC (2.02%) and Bridgeway Capital Management LLC (1.02%).
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 3/28/2024 by MarketBeat.com Staff

From Our Partners