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

Saga Communications (NASDAQ:SGA) is projected to issue its Q2 2026 results before the market opens on Thursday, August 13th. Analysts expect Saga Communications to announce earnings of ($0.18) per share and revenue of $25.50 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 13, 2026 at 11:00 AM ET.

Saga Communications Stock Down 3.9%

Saga Communications stock opened at $9.65 on Tuesday. The stock has a market capitalization of $61.37 million, a PE ratio of -7.15 and a beta of -0.10. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.03. Saga Communications has a twelve month low of $8.24 and a twelve month high of $13.51. The company has a 50 day moving average of $8.97 and a 200-day moving average of $10.43.

Institutional Investors Weigh In On Saga Communications

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its holdings in shares of Saga Communications by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 59,371 shares of the company’s stock valued at $678,000 after acquiring an additional 1,923 shares in the last quarter. Empowered Funds LLC raised its holdings in Saga Communications by 5.8% during the fourth quarter. Empowered Funds LLC now owns 33,851 shares of the company’s stock worth $386,000 after acquiring an additional 1,850 shares in the last quarter. Bank of America Corp DE raised its holdings in Saga Communications by 30,720.0% during the third quarter. Bank of America Corp DE now owns 16,951 shares of the company’s stock worth $211,000 after acquiring an additional 16,896 shares in the last quarter. LPL Financial LLC acquired a new position in Saga Communications during the fourth quarter valued at approximately $163,000. Finally, Osaic Holdings Inc. grew 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 in the last quarter. 74.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on SGA shares. Noble Financial lowered Saga Communications from a “strong-buy” rating to a “market perform” rating in a report on Monday, May 11th. Weiss Ratings lowered Saga Communications from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 20th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce”.

About Saga Communications

Saga Communications, Inc (NASDAQ: SGA) is an independent radio broadcasting company that owns and operates a portfolio of local radio stations across the United States. Headquartered in Grosse Pointe Farms, Michigan, the company focuses on full‐service radio properties offering a variety of formats, including music, news‐talk and sports programming. In addition to traditional over‐the‐air broadcasts, Saga leverages web streaming and mobile platforms to broaden listener reach and provide advertisers with multimedia opportunities.

Founded in 1985 by Edward J.