Saga Communications (SGA) Set to Announce Quarterly Earnings on Thursday

Posted by Thomas Dobrow on Nov 5th, 2024

Saga Communications (NASDAQ:SGA – Get Free Report) is set to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Saga Communications (NASDAQ:SGA – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.23). The company had revenue of $28.74 million during the quarter. Saga Communications had a net margin of 5.51% and a return on equity of 4.00%. During the same period last year, the firm earned $0.55 earnings per share. On average, analysts expect Saga Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Saga Communications Stock Performance

NASDAQ SGA opened at $13.93 on Tuesday. The business’s 50 day moving average price is $14.46 and its 200-day moving average price is $16.38. Saga Communications has a fifty-two week low of $13.90 and a fifty-two week high of $27.00. The company has a market cap of $87.20 million, a P/E ratio of 14.36 and a beta of 0.26. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.69 and a current ratio of 2.69.

Saga Communications Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 7.18%. The ex-dividend date of this dividend was Wednesday, September 25th. Saga Communications’s dividend payout ratio is currently 103.09%.

Saga Communications Company Profile

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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.