SEC Form SC 13G/A filed by Saga Communications Inc. (Amendment)
$SGA
Broadcasting
Consumer Discretionary
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/31/2023 | $27.00 | Outperform | Noble Capital Markets |
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Saga Communications (NASDAQ:SGA) reported quarterly losses of $(0.25) per share. This is a 266.67 percent decrease over earnings of $0.15 per share from the same period last year. The company reported $24.66 million in sales this quarter. This is a 2.53 percent decrease over sales of $25.30 million the same period last year.
The aggregate amount of the payment will be approximately $3.8 million and the variable dividend will be funded by cash on the Company's balance sheet.
Noble Capital Markets initiated coverage of Saga Comms with a rating of Outperform and set a new price target of $27.00
8-K - SAGA COMMUNICATIONS INC (0000886136) (Filer)
10-Q - SAGA COMMUNICATIONS INC (0000886136) (Filer)
8-K - SAGA COMMUNICATIONS INC (0000886136) (Filer)
GROSSE POINTE FARMS, Mich., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the "Company", "Saga" or "our") today announced that its Board of Directors ("Board") declared a quarterly cash dividend of $0.25 per share. The dividend will be paid on December 13, 2024, to shareholders of record on November 25, 2024. The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.6 million. The quarterly dividend will be funded by cash on the Company's balance sheet. Including this dividend, the Company will have paid approximately $135 million in dividends to shareholders since the first special dividend was paid in 2
GROSSE POINTE FARMS, Mich., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the "Company" or "Saga") today reported that net revenue decreased 3.5% to $28.1 million for the quarter ended September 30, 2024 compared to $29.1 million for the same period last year. Station operating expense increased 3.1% for the quarter to $23.5 million compared to the same period last year. For the quarter, operating income was $1.6 million compared to $3.5 million for the same quarter last year and station operating income (a non-GAAP financial measure) decreased 21.2% to $6.0 million. Capital expenditures were $625 thousand for the quarter compared to $760 thousand for the same
GROSSE POINTE FARMS, Mich., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (NASDAQ:SGA) announced today that it will release its 3rd Quarter 2024 results at 9:00 a.m. EST on Thursday, November 7, 2024. The company will be holding a conference call on the same date at 11:00 a.m. EST. The dial-in numbers are as follows: Domestic and International Dial-in Number: (973) 528-0008 Conference Entry Code: 674708 The Company requests that all parties that have a question that they would like to submit to the Company to please email the inquiry by 10:00 a.m. EST on November 7, 2024, to [email protected]. The Company will discuss, during the limited period of the conference call, tho
4 - SAGA COMMUNICATIONS INC (0000886136) (Issuer)
4 - SAGA COMMUNICATIONS INC (0000886136) (Issuer)
4 - SAGA COMMUNICATIONS INC (0000886136) (Issuer)
SC 13D/A - SAGA COMMUNICATIONS INC (0000886136) (Subject)
SC 13G - SAGA COMMUNICATIONS INC (0000886136) (Subject)
SC 13G/A - SAGA COMMUNICATIONS INC (0000886136) (Subject)
GROSSE POINTE FARMS, Mich., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the "Company", "Saga" or "our") today announced that its Board of Directors ("Board") declared a quarterly cash dividend of $0.25 per share. The dividend will be paid on December 13, 2024, to shareholders of record on November 25, 2024. The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.6 million. The quarterly dividend will be funded by cash on the Company's balance sheet. Including this dividend, the Company will have paid approximately $135 million in dividends to shareholders since the first special dividend was paid in 2
GROSSE POINTE FARMS, Mich., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the "Company" or "Saga") today reported that net revenue decreased 3.5% to $28.1 million for the quarter ended September 30, 2024 compared to $29.1 million for the same period last year. Station operating expense increased 3.1% for the quarter to $23.5 million compared to the same period last year. For the quarter, operating income was $1.6 million compared to $3.5 million for the same quarter last year and station operating income (a non-GAAP financial measure) decreased 21.2% to $6.0 million. Capital expenditures were $625 thousand for the quarter compared to $760 thousand for the same
GROSSE POINTE FARMS, Mich., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (NASDAQ:SGA) announced today that it will release its 3rd Quarter 2024 results at 9:00 a.m. EST on Thursday, November 7, 2024. The company will be holding a conference call on the same date at 11:00 a.m. EST. The dial-in numbers are as follows: Domestic and International Dial-in Number: (973) 528-0008 Conference Entry Code: 674708 The Company requests that all parties that have a question that they would like to submit to the Company to please email the inquiry by 10:00 a.m. EST on November 7, 2024, to [email protected]. The Company will discuss, during the limited period of the conference call, tho
GROSSE POINTE FARMS, Mich., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the "Company" or "Saga") today announced the promotions of Samuel D. Bush to Executive Vice President as well as continuing his position as Chief Financial Officer and Treasurer. Mr. Bush joined Saga in 1997 as Vice President, Chief Financial Officer and Treasurer later being promoted to Senior Vice President in 2002. Also announced today is the promotion of Wayne Leland from Senior Vice President/Operations to Chief Operating Officer. Mr. Leland joined Saga in 2011 as General Manager of the Company's radio stations in Norfolk, VA later being promoted to President of Tidewater Communic
GROSSE POINTE FARMS, Mich., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the "Company" or "Saga") today announced the confirmation of Christopher Forgy as the Company's President and Chief Executive Officer ("CEO") effective December 7, 2022. He will lead the company in continuing the strategy to acquire, develop and operate radio stations in unique markets where Saga can impact and connect with the communities where we operate as Ed Christian directed since founding the Company in 1986. Chris has served as Saga's Senior Vice President/Operations since 2018. Chris Forgy stated "I am honored, humbled, excited and ready to begin my new role as only the second