Saga Communications Stock Today
| SGA Stock | USD 22.68 0.02 0.09% |
Performance0 of 100
| Odds Of DistressLess than 6
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Saga Communications is trading at 22.68 as of the 24th of April 2024, a -0.09 percent down since the beginning of the trading day. The stock's open price was 22.7. Saga Communications has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Saga Communications are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 11th of December 1992 | Category Communication Services |
Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan. Saga Communications operates under Broadcasting classification in the United States and is traded on NASDAQ Exchange. The company has 6.26 M outstanding shares of which 8.09 K shares are at this time shorted by investors with about 0.56 days to cover. More on Saga Communications
Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 1st of May 2024
Saga Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Saga Communications' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Saga Communications or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman, CEO and Pres | Edward Christian | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Communication (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Samco Gold Limited | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Broadcasting, Media & Entertainment, Communication Services, Communication, Communication Services, Media, Broadcasting, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Saga Communications report their recommendations after researching Saga Communications' financial statements, talking to executives and customers, or listening in on Saga Communications' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Saga Communications. The Saga consensus assessment is calculated by taking the average forecast from all of the analysts covering Saga Communications. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Saga Communications' liquidity, profitability, solvency, and operating efficiency, Saga Communications may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Saga Communications is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Saga Communications' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Saga Communications' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Saga Communications' financial leverage. It provides some insight into what part of Saga Communications' total assets is financed by creditors.
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Saga Communications (SGA) is traded on NASDAQ Exchange in USA. It is located in 73 Kercheval Avenue, Grosse Pointe Farms, MI, United States, 48236 and employs 589 people. Saga Communications is listed under Broadcasting category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 142.05 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Saga Communications's market, we take the total number of its shares issued and multiply it by Saga Communications's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Saga Communications runs under Media sector within Communication Services industry. The entity has 6.26 M outstanding shares of which 8.09 K shares are at this time shorted by investors with about 0.56 days to cover.
Saga Communications has about 52.34 M in cash with 15.38 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.65.
Check Saga Communications Probability Of Bankruptcy
Ownership AllocationSaga Communications maintains a total of 6.26 Million outstanding shares. Over half of Saga Communications' outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Saga Communications. Please watch out for any change in the institutional holdings of Saga Communications as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Saga Ownership Details
Saga Stock Price Odds Analysis
What are Saga Communications' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Saga Communications jumping above the current price in 90 days from now is about 49.19%. The Saga Communications probability density function shows the probability of Saga Communications stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Saga Communications has a beta of 0.4982. This usually implies as returns on the market go up, Saga Communications average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Saga Communications will be expected to be much smaller as well. Additionally, saga Communications has an alpha of 0.0222, implying that it can generate a 0.0222 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Saga Communications to move above the current price in 90 days from now is about 49.19 (This Saga Communications probability density function shows the probability of Saga Stock to fall within a particular range of prices over 90 days) .
Saga Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Saga Communications that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Saga Communications' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Saga Communications' value.| Instituion | Recorded On | Shares | |
| Significant Wealth Partners Llc | 2023-12-31 | 53 K | |
| Geode Capital Management, Llc | 2023-12-31 | 52.1 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 46.8 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 42.4 K | |
| Mork Capital Management | 2023-12-31 | 25 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 23.3 K | |
| Marquette Asset Management Inc. | 2023-12-31 | 21.2 K | |
| Susquehanna International Group, Llp | 2023-12-31 | 21.2 K | |
| State Street Corporation | 2023-12-31 | 20.9 K | |
| Towerview Llc | 2023-12-31 | 1.2 M | |
| Gate City Capital Management, Llc | 2023-12-31 | 458 K |
Saga Communications Historical Income Statement
Saga Communications Income Statement is one of the three primary financial statements used for reporting Saga's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Saga Communications revenue and expense. Saga Communications Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Saga Communications' Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 118.1 M, whereas Interest Expense is forecasted to decline to about 164.3 K. View More FundamentalsSaga Stock Against Markets
Picking the right benchmark for Saga Communications stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Saga Communications stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Saga Communications is critical whether you are bullish or bearish towards Saga Communications at a given time. Please also check how Saga Communications' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Saga Communications without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Saga Communications Corporate Directors
Saga Communications corporate directors refer to members of a Saga Communications board of directors. The board of directors generally takes responsibility for the Saga Communications' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Saga Communications' board members must vote for the resolution. The Saga Communications board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Roy Coppedge | Independent Director | Profile | |
| Gary Stevens | Lead Independent Director | Profile | |
| Clarke Brown | Independent Director | Profile | |
| Timothy Clarke | Independent Director | Profile |
How to buy Saga Stock?
Before investing in Saga Communications, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Saga Communications. To buy Saga Communications stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Saga Communications. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Saga Communications stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Saga Communications stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Saga Communications stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Saga Communications, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Saga Stock please use our How to Invest in Saga Communications guide.
Already Invested in Saga Communications?
The danger of trading Saga Communications is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Saga Communications is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Saga Communications. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Saga Communications is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Saga Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saga Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Saga Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saga Communications Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saga Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.Note that the Saga Communications information on this page should be used as a complementary analysis to other Saga Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Saga Stock analysis
When running Saga Communications' price analysis, check to measure Saga Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Saga Communications is operating at the current time. Most of Saga Communications' value examination focuses on studying past and present price action to predict the probability of Saga Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saga Communications' price. Additionally, you may evaluate how the addition of Saga Communications to your portfolios can decrease your overall portfolio volatility.
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Is Saga Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Saga Communications. If investors know Saga will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Saga Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Dividend Share 1 | Earnings Share 1.55 | Revenue Per Share 18.656 | Quarterly Revenue Growth (0.03) |
The market value of Saga Communications is measured differently than its book value, which is the value of Saga that is recorded on the company's balance sheet. Investors also form their own opinion of Saga Communications' value that differs from its market value or its book value, called intrinsic value, which is Saga Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Saga Communications' market value can be influenced by many factors that don't directly affect Saga Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Saga Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Saga Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saga Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.