What is Noble Financial’s Estimate for SGA FY2026 Earnings?

Saga Communications, Inc. (NASDAQ:SGA) – Equities research analysts at Noble Financial issued their FY2026 EPS estimates for Saga Communications in a note issued to investors on Monday, May 11th. Noble Financial analyst M. Kupinski anticipates that the company will post earnings per share of ($0.57) for the year. Noble Financial currently has a “Market Perform” rating on the stock.

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Saga Communications in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce”.

Saga Communications Trading Down 1.1%

Shares of NASDAQ:SGA opened at $10.02 on Thursday. The firm has a fifty day moving average of $11.45 and a two-hundred day moving average of $11.57. The company has a quick ratio of 3.04, a current ratio of 2.81 and a debt-to-equity ratio of 0.03. Saga Communications has a 12-month low of $9.96 and a 12-month high of $14.27. The firm has a market capitalization of $63.73 million, a P/E ratio of -7.42 and a beta of -0.07.

Saga Communications (NASDAQ:SGA) last released its quarterly earnings data on Thursday, March 12th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $0.04 by $1.23. Saga Communications had a negative net margin of 8.24% and a positive return on equity of 3.88%. The firm had revenue of $26.51 million for the quarter, compared to analyst estimates of $27.70 million.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP lifted its stake in shares of Saga Communications by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 350,655 shares of the company’s stock valued at $4,103,000 after purchasing an additional 1,393 shares during the last quarter. Geode Capital Management LLC increased its position in Saga Communications by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 59,371 shares of the company’s stock worth $678,000 after buying an additional 1,923 shares during the last quarter. Empowered Funds LLC increased its position in Saga Communications by 5.8% during the fourth quarter. Empowered Funds LLC now owns 33,851 shares of the company’s stock worth $386,000 after buying an additional 1,850 shares during the last quarter. Bank of America Corp DE raised its holdings in Saga Communications by 30,720.0% during the third quarter. Bank of America Corp DE now owns 16,951 shares of the company’s stock valued at $211,000 after buying an additional 16,896 shares in the last quarter. Finally, LPL Financial LLC acquired a new stake in shares of Saga Communications in the fourth quarter worth about $163,000. Institutional investors own 74.28% of the company’s stock.

Insider Transactions at Saga Communications

In other Saga Communications news, major shareholder Edward K. Christian Trust sold 5,665 shares of Saga Communications stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $12.07, for a total value of $68,376.55. Following the completion of the sale, the insider directly owned 881,044 shares in the company, valued at $10,634,201.08. The trade was a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 22.40% of the stock is owned by company insiders.

Saga Communications Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 10.0%. The ex-dividend date of this dividend is Friday, May 22nd. Saga Communications’s dividend payout ratio (DPR) is presently -74.07%.

About Saga Communications

Saga Communications, Inc (NASDAQ: SGA) is an independent radio broadcasting company that owns and operates a portfolio of local radio stations across the United States. Headquartered in Grosse Pointe Farms, Michigan, the company focuses on full‐service radio properties offering a variety of formats, including music, news‐talk and sports programming. In addition to traditional over‐the‐air broadcasts, Saga leverages web streaming and mobile platforms to broaden listener reach and provide advertisers with multimedia opportunities.

Founded in 1985 by Edward J.