Research Analysts Offer Predictions for SGA FY2026 Earnings

Saga Communications, Inc. (NASDAQ:SGA) – Noble Financial reduced their FY2026 earnings per share (EPS) estimates for Saga Communications in a research note issued on Monday, November 10th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings of $0.54 per share for the year, down from their prior estimate of $0.73. The consensus estimate for Saga Communications’ current full-year earnings is $0.23 per share.

Several other research firms also recently commented on SGA. Weiss Ratings reiterated a “sell (d+)” rating on shares of Saga Communications in a research report on Wednesday, October 8th. Zacks Research cut shares of Saga Communications from a “hold” rating to a “strong sell” rating in a research note on Monday. Two research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Saga Communications Stock Performance

SGA traded up $0.08 on Wednesday, reaching $12.03. The company had a trading volume of 3,839 shares, compared to its average volume of 9,931. The stock has a 50-day moving average price of $12.35 and a 200-day moving average price of $12.51. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 0.03. Saga Communications has a 1 year low of $10.75 and a 1 year high of $14.27. The stock has a market capitalization of $77.44 million, a PE ratio of 36.44 and a beta of 0.26.

Saga Communications (NASDAQ:SGA) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.29). Saga Communications had a net margin of 1.91% and a return on equity of 1.27%. The firm had revenue of $28.17 million during the quarter, compared to analyst estimates of $28.30 million.

Institutional Investors Weigh In On Saga Communications

Several hedge funds have recently made changes to their positions in SGA. Osaic Holdings Inc. increased its stake in Saga Communications by 256.7% in the second quarter. Osaic Holdings Inc. now owns 3,984 shares of the company’s stock valued at $52,000 after purchasing an additional 2,867 shares during the last quarter. Empowered Funds LLC raised its stake in Saga Communications by 6.2% during the first quarter. Empowered Funds LLC now owns 30,406 shares of the company’s stock worth $379,000 after purchasing an additional 1,769 shares during the period. Nuveen LLC purchased a new position in shares of Saga Communications in the 1st quarter worth $529,000. Finally, Mork Capital Management LLC grew its position in Saga Communications by 100.0% during the first quarter. Mork Capital Management LLC now owns 50,000 shares of the company’s stock valued at $624,000 after acquiring an additional 25,000 shares during the period. Institutional investors and hedge funds own 74.28% of the company’s stock.

Saga Communications Company Profile

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.