Saga Communications, Inc. (SGA)

NASDAQ: SGA · IEX Real-Time Price · USD
22.74
+0.06 (0.26%)
Apr 24, 2024, 4:00 PM EDT - Market closed
0.26%
Market Cap 139.25M
Revenue (ttm) 112.77M
Net Income (ttm) 9.50M
Shares Out 6.12M
EPS (ttm) 1.55
PE Ratio 14.67
Forward PE n/a
Dividend $0.99 (4.37%)
Ex-Dividend Date Mar 15, 2024
Volume 3,488
Open 22.41
Previous Close 22.68
Day's Range 22.41 - 22.74
52-Week Range 18.89 - 27.00
Beta 0.47
Analysts Buy
Price Target 27.00 (+18.73%)
Earnings Date May 1, 2024

About 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]

Industry Broadcasting
IPO Date Dec 11, 1992
Employees 589
Stock Exchange NASDAQ
Ticker Symbol SGA
Full Company Profile

Financial Performance

In 2023, SGA's revenue was $112.77 million, a decrease of -1.85% compared to the previous year's $114.89 million. Earnings were $9.50 million, an increase of 3.24%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for SGA stock is "Buy" and the 12-month stock price forecast is $27.0.

Price Target
$27.0
(18.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Saga Communications, Inc. Announces Date and Time of 1st Quarter 2024 Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich., April 22, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 1st Quarter 2024 results at 9:00 a.m. EDT on Thursday, M...

2 days ago - GlobeNewsWire

Saga Communications, Inc. Announces Variable Dividend Declaration and Reports 4th Quarter and Year End 2023 Results

GROSSE POINTE FARMS, Mich., March 07, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company,” “we,” “us,” “our” or “Saga”) announced today that its Board of Directors (“Board...

6 weeks ago - GlobeNewsWire

Saga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2023 Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich., Feb. 16, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 4th Quarter and Year End 2023 results at 9:00 a.m. EST on...

2 months ago - GlobeNewsWire

Saga Communications, Inc. Agrees to Acquire Radio Stations Serving the Greater Lafayette, IN Radio Market

GROSSE POINTE FARMS, Mich., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq -SGA) announced today that it has entered into an agreement to purchase the assets of WKOA (FM), WKHY (F...

2 months ago - GlobeNewsWire

Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per Share

GROSSE POINTE FARMS, Mich., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company”, “Saga” or “our”) today announced that its Board of Directors (“Board”) declared a...

2 months ago - GlobeNewsWire

Saga Communications, Inc. Declares a Special Cash Dividend of $2.00 per Share

GROSSE POINTE FARMS, Mich., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company”, “Saga” or “our”) today announced that its Board of Directors (“Board”) declared a...

4 months ago - GlobeNewsWire

Saga Communications, Inc. Reports 3rd Quarter 2023 Results

GROSSE POINTE FARMS, Mich., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company” or “Saga”) today reported that net revenue decreased 2.8% to $29.2 million for the...

6 months ago - GlobeNewsWire

Saga Communications, Inc. Announces Date and Time of 3rd Quarter 2023 Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich., Oct. 04, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 3rd Quarter 2023 results at 9:00 a.m. EDT on Thursday, No...

7 months ago - GlobeNewsWire

Saga Communications, Inc. Reports 2nd Quarter 2023 Results

GROSSE POINTE FARMS, Mich., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company” or “Saga”) today reported that net revenue decreased 2.2% to $29.2 million for the...

9 months ago - GlobeNewsWire

Saga Communications, Inc. Announces Date and Time of 2nd Quarter 2023 Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich., July 11, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 2nd Quarter 2023 results at 9:00 a.m. EDT on Tuesday, Aug...

10 months ago - GlobeNewsWire

Saga Communications, Inc. Reports 1st Quarter 2023 Results

GROSSE POINTE FARMS, Mich., May 03, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company” or “Saga”) today reported that net revenue increased 1.3% to $25.3 million for the ...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Announces Date and Time of 1st Quarter 2023 Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich., April 04, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 1st Quarter 2023 results at 9:00 a.m. EDT on Wednesday, ...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Reports 4th Quarter and Year End 2022 Results

GROSSE POINTE FARMS, Mich., March 09, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company” or “Saga”) reported today that net revenue increased 6.0% to $114.9 million for t...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2022 Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 4th Quarter and Year End 2022 results at 9:00 a.m. EST on...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Reports Dividends, Leadership Changes and Other Updates

GROSSE POINTE FARMS, Mich., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company,” “Saga,” “us,” or “our”) today announced the declaration of a quarterly and specia...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Announces the Appointment of New President/CEO and Senior Vice President/Operations

GROSSE POINTE FARMS, Mich., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company” or “Saga”) today announced the confirmation of Christopher Forgy as the Company's ...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Reports 3rd Quarter 2022 Results

GROSSE POINTE FARMS, Mich., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company” or “Saga”) today reported financial results for the quarter ended September 30, 20...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Announces Date and Time of 3rd Quarter Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 3rd Quarter 2022 results at 9:00 a.m. EDT on Thursday, No...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Increases Quarterly Cash Dividend to $0.25 per Share and Declares a Special Cash Dividend of $2.00 per Share

GROSSE POINTE FARMS, Mich., Sept. 20, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company”, “Saga” or “our”) today announced that its Board of Directors declared an increas...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Announces the Passing of its CEO and Founder

GROSSE POINTE FARMS, Mich., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company” or “Saga”) announces today with great respect and sorrow the passing of our founde...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Reports 2nd Quarter 2022 Results

GROSSE POINTE FARMS, Mich., Aug. 05, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) reported today that net revenue increased 6.3% to $29.8 million for the quarter ended June 30, 20...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Announces Date and Time of 2nd Quarter Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich., July 11, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 2nd Quarter 2022 results at 9:00 a.m. EDT on Friday, Augu...

1 year ago - GlobeNewsWire

Saga Communications, Inc. Increases Quarterly Cash Dividend to $0.20 per Share

GROSSE POINTE FARMS, Mich., June 02, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company”, “Saga” or “our”) today announced that its Board of Directors declared a quarterly...

2 years ago - GlobeNewsWire

Saga Communications, Inc. Reports 1st Quarter 2022 Results

GROSSE POINTE FARMS, Mich., May 05, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) reported today that net revenue increased 12.0% to $25.0 million for the quarter ended March 31, 2...

2 years ago - GlobeNewsWire

Saga Communications, Inc. Announces Date and Time of 1st Quarter Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich. , April 11, 2022 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 1st Quarter 2022 results at 9:00 a.m.

2 years ago - PRNewsWire