Noble Financial Issues Negative Estimate for SGA Earnings

Saga Communications, Inc. (NASDAQ:SGAFree Report) – Noble Financial lowered their Q3 2025 EPS estimates for Saga Communications in a research note issued on Friday, August 8th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings per share of $0.21 for the quarter, down from their previous estimate of $0.31. The consensus estimate for Saga Communications’ current full-year earnings is $0.23 per share. Noble Financial also issued estimates for Saga Communications’ Q4 2025 earnings at $0.16 EPS and FY2026 earnings at $0.73 EPS.

Separately, Wall Street Zen began coverage on shares of Saga Communications in a research note on Tuesday, May 20th. They set a “hold” rating for the company.

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Saga Communications Stock Up 2.0%

NASDAQ SGA opened at $13.00 on Monday. The stock has a market cap of $83.73 million, a PE ratio of 39.40 and a beta of 0.32. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.72 and a current ratio of 2.72. Saga Communications has a twelve month low of $10.75 and a twelve month high of $16.03. The firm has a 50-day simple moving average of $12.85 and a 200 day simple moving average of $12.27.

Saga Communications (NASDAQ:SGAGet Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.01). Saga Communications had a net margin of 1.91% and a return on equity of 1.26%. The company had revenue of $28.23 million during the quarter, compared to the consensus estimate of $28.55 million.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of SGA. Geode Capital Management LLC increased its holdings in shares of Saga Communications by 8.9% in the fourth quarter. Geode Capital Management LLC now owns 58,432 shares of the company’s stock valued at $645,000 after purchasing an additional 4,753 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Saga Communications by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 354,831 shares of the company’s stock valued at $3,914,000 after purchasing an additional 1,770 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Saga Communications by 10.4% in the fourth quarter. Northern Trust Corp now owns 13,874 shares of the company’s stock valued at $153,000 after purchasing an additional 1,306 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Saga Communications in the fourth quarter valued at approximately $115,000. Finally, Bridgeway Capital Management LLC increased its holdings in shares of Saga Communications by 1.1% in the fourth quarter. Bridgeway Capital Management LLC now owns 78,053 shares of the company’s stock valued at $861,000 after purchasing an additional 847 shares in the last quarter. Institutional investors own 74.28% of the company’s stock.

Insider Buying and Selling

In other Saga Communications news, major shareholder Edward K. Christian Trust sold 9,583 shares of the firm’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $12.72, for a total transaction of $121,895.76. Following the completion of the transaction, the insider owned 927,125 shares in the company, valued at $11,793,030. This trade represents a 1.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 42,243 shares of company stock worth $554,752 in the last three months. 21.90% of the stock is owned by company insiders.

Saga Communications Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 6th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, June 6th. This represents a $1.00 dividend on an annualized basis and a yield of 7.7%. Saga Communications’s dividend payout ratio (DPR) is currently 303.03%.

About Saga Communications

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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.

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