Q2 Earnings Estimate for SGA Issued By Noble Financial

Saga Communications, Inc. (NASDAQ:SGA) – Equities researchers at Noble Financial issued their Q2 2026 EPS estimates for shares of Saga Communications in a research report issued on Monday, May 11th. Noble Financial analyst M. Kupinski anticipates that the company will post earnings per share of ($0.18) for the quarter. Noble Financial currently has a “Market Perform” rating on the stock. Noble Financial also issued estimates for Saga Communications’ Q3 2026 earnings at $0.00 EPS, Q4 2026 earnings at $0.05 EPS and FY2027 earnings at ($0.36) EPS.

Saga Communications (NASDAQ:SGA) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $1.23. Saga Communications had a negative net margin of 8.24% and a positive return on equity of 3.82%. The business had revenue of $26.51 million during the quarter, compared to analysts’ expectations of $27.70 million.

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Saga Communications in a research note on Tuesday, April 21st. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

Saga Communications Stock Performance

Shares of NASDAQ:SGA opened at $10.26 on Tuesday. Saga Communications has a 52 week low of $10.24 and a 52 week high of $14.27. The stock has a market capitalization of $65.25 million, a P/E ratio of -7.60 and a beta of -0.07. The firm has a fifty day simple moving average of $11.52 and a two-hundred day simple moving average of $11.61. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 0.03.

Saga Communications Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 9.7%. Saga Communications’s dividend payout ratio is currently -74.07%.

Insider Transactions at Saga Communications

In other Saga Communications news, major shareholder Edward K. Christian Trust sold 5,665 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $12.07, for a total value of $68,376.55. Following the transaction, the insider directly owned 881,044 shares in the company, valued at $10,634,201.08. This represents a 0.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 21.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Saga Communications

Hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its stake in Saga Communications by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 59,371 shares of the company’s stock worth $678,000 after acquiring an additional 1,923 shares in the last quarter. Empowered Funds LLC grew its stake in Saga Communications by 5.8% in the 4th 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 grew its stake in Saga Communications by 30,720.0% in the 3rd 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 bought a new position in Saga Communications in the 4th quarter worth about $163,000. Finally, Osaic Holdings Inc. grew its stake in Saga Communications by 256.7% in the 2nd quarter. Osaic Holdings Inc. now owns 3,984 shares of the company’s stock worth $52,000 after acquiring an additional 2,867 shares in the last quarter. 74.28% of the stock is currently owned by institutional investors.

Saga Communications Company Profile

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.