Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk. As of February 28, 2021, it owned seventy-nine FM, thirty-five AM radio stations, and seventy-nine metro signals serving twenty-seven markets. The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.
IPO Year:
Exchange: NASDAQ
Website: sagacom.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/31/2023 | $27.00 | Outperform | Noble Capital Markets |
4 - SAGA COMMUNICATIONS INC (0000886136) (Issuer)
Noble Capital Markets initiated coverage of Saga Comms with a rating of Outperform and set a new price target of $27.00