Saga Communications (SGA) Set to Announce Earnings on Thursday

Saga Communications (NASDAQ:SGA) is scheduled to post its quarterly earnings results before the market opens on Thursday, August 8th. Analysts expect Saga Communications to post earnings of $0.63 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Saga Communications (NASDAQ:SGA) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.14) EPS for the quarter. Saga Communications had a net margin of 6.25% and a return on equity of 4.41%. The firm had revenue of $24.66 million for the quarter, compared to analysts’ expectations of $24.30 million. On average, analysts expect Saga Communications to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Saga Communications Price Performance

Shares of NASDAQ SGA opened at $15.42 on Wednesday. Saga Communications has a one year low of $14.06 and a one year high of $27.00. The business’s fifty day moving average price is $15.81 and its 200-day moving average price is $20.20. The stock has a market capitalization of $96.53 million, a PE ratio of 13.77 and a beta of 0.28.

Saga Communications Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 3rd were issued a $0.25 dividend. The ex-dividend date was Monday, June 3rd. This represents a $1.00 annualized dividend and a dividend yield of 6.49%. Saga Communications’s payout ratio is currently 89.29%.

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.