SGA Saga Communications Dashboard

Saga Communications, Inc. is a broadcasting company whose business is devoted to acquiring, developing, and operating broadcast properties. The company owns or operates broadcast properties in 27 markets, including 79 FM, 35 AM radio stations and 79 metro signals.

Company profile

Ticker

SGA

Exchange

NASDAQ

Website

sagacom.com

CEO

Edward K. Christian

Incorporated

Delaware

Location

Michigan

Fiscal year end

Dec 31

Sector

Information > Radio Networks

Industry (SIC)

Radio Broadcasting Stations

iHeartMedia • Sirius XM • Cumulus Media • Urban One • Townsquare Media • Audacy • Salem Media • Spanish Broadcasting System • Emmis Communications • Beasley Broadcast ...

Former names

SAGA COMMUNICATIONS INC /DE/

SEC CIK

0000886136

Corporate docs

Articles of Incorporation & Bylaws

IRS number

383042953

SGA stock data

S&P 500

1M 1Y 2Y 5Y

News

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56 Biggest Movers From Yesterday

12 May 21

Gainers Bridgford Foods Corporation (NASDAQ: BRID) shares surged 46.2% to close at $20.74 on Tuesday.

Saga Communications Q1 EPS $0.13 Down From $0.28 YoY, Sales $22.30M Down From $26.05M YoY

6 May 21

Saga Communications (NASDAQ:SGA) reported quarterly earnings of $0.13 per share. This is a 53.57 percent decrease over earnings of $0.28 per share from the same period last year. The company reported $22.30 million in

Press releases

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Saga Communications, Inc. Announces Date and Time of 2nd Quarter Earnings Release and Conference Call

12 Jul 21

GROSSE POINTE FARMS, Mich., July 12, 2021 /PRNewswire/ -- Saga Communications, Inc. (NASDAQ:SGA) announced today that it will release its 2nd Quarter 2021 results at 9:00 a.m. EDT on Thursday, August 5, 2021. The

Saga Communications, Inc. Announces the Resumption of the Company's Quarterly Cash Dividend and Declares a Quarterly Cash Dividend of $0.16 per Share

21 Jun 21

GROSSE POINTE FARMS, Mich., June 21, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) (the "Company", "Saga" or "our") today announced that its Board of Directors declared a quarterly

Saga Communications, Inc. Reports 1st Quarter 2021 Results

6 May 21

GROSSE POINTE FARMS, Mich., May 6, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that first quarter 2021 revenue and the related net income continue to be impacted by the ongoing

Calendar

10 May 21

2 Aug 21

31 Dec 21

Financial summary

Financial statements Chart SGA financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	56.31M	56.31M	56.31M	56.31M	56.31M	56.31M
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	(positive/no burn)	198.75K	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	n/a	n/a	811.89K	n/a	n/a
Cash remaining	n/a	n/a	n/a	55.5M	n/a	n/a
Runway (months of cash)	n/a	n/a	n/a	279.3	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

SGA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 May 21	Towerview	Class A Common Stock	Sell	Dispose S	No	No	28	656	18.37K	1,161,144
16 Mar 21	Towerview	Class A Common Stock	Sell	Dispose S	No	No	28	2,534	70.95K	1,161,800
15 Mar 21	Towerview	Class A Common Stock	Sell	Dispose S	No	No	26.3875	5,666	149.51K	1,164,334
16 Nov 20	Warren S Lada	Class A Common Stock	Sell	Dispose S	No	No	21.28	550	11.7K	21,364
6 Nov 20	Edward K Christian	Class A Common Stock	Payment of exercise	Dispose F	No	No	17.8	16,201	288.38K	0
6 Nov 20	Edward K Christian	Class A Common Stock	Conversion	Aquire C	No	No	0	16,201	0	16,201
6 Nov 20	Edward K Christian	Class B Common Stock Class A Common Stock	Conversion	Dispose C	No	No	0	16,201	0	937,641
6 Nov 20	Catherine A Bobinski	Class A Common Stock	Payment of exercise	Dispose F	No	No	17.8	881	15.68K	13,900

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

SGA institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

89.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	41	42	-2.4%
Opened positions	3	6	-50.0%
Closed positions	4	2	+100.0%
Increased positions	13	16	-18.8%
Reduced positions	16	12	+33.3%

13F shares	Current	Prev Q	Change
Total value	137.25M	131.58M	+4.3%
Total shares	4.51M	4.49M	+0.3%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Towerview	1.16M	$25.39M	-0.7%
TROW T. Rowe Price	593.03K	$12.96M	+6.3%
FMR	541.25K	$11.83M	+3.0%
Kennedy Capital Management	450.9K	$9.85M	+8.2%
Dimensional Fund Advisors	398.93K	$8.72M	-3.1%
BLK Blackrock	325.98K	$7.12M	+1.8%
Vanguard	205.47K	$4.49M	+1.6%
Renaissance Technologies	171.18K	$3.74M	+3.0%
Minerva Advisors	168.55K	$3.68M	+12.2%
Royce & Associates	166.52K	$3.64M	-20.1%

Largest transactions	Shares	Bought/sold	Change
Royce & Associates	166.52K	-41.84K	-20.1%
TROW T. Rowe Price	593.03K	+35.06K	+6.3%
Kennedy Capital Management	450.9K	+34.34K	+8.2%
Minerva Advisors	168.55K	+18.32K	+12.2%
FMR	541.25K	+15.87K	+3.0%
NTRS Northern Trust	51.63K	-15.31K	-22.9%
Russell Investments	0	-14.55K	EXIT
Dimensional Fund Advisors	398.93K	-12.7K	-3.1%
Secure Asset Management	9.59K	+9.59K	NEW
WFC Wells Fargo & Co.	1.32K	-9.03K	-87.3%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

We are a broadcast company primarily engaged in acquiring, developing and operating broadcast properties. We actively seek and explore opportunities for expansion through the acquisition of additional broadcast properties. We review acquisition opportunities on an ongoing basis. For additional information with respect to acquisitions, see “Liquidity and Capital Resources” below. We own or operate broadcast properties in 27 markets, including 79 FM and 35 AM radio stations and 79 metro signals.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: attempt, Clarksville, fewer, found, interactive, long, onset, optimistic, physical, reliable, streaming, Tennessee, unpredictability, WBQL

Removed: accurate, activity, adjust, anticipating, assist, automotive, began, border, broader, case, challenging, Champaign, closely, combat, comparable, conduct, control, County, creating, Dakota, decline, declined, depend, deterioration, difficult, distancing, duration, effort, entity, essential, established, evaluating, eventual, expanded, experienced, extent, focused, free, fresh, global, globally, government, governmental, Head, Hilton, impacted, impacting, implemented, imposed, imposition, indefinite, inform, innovative, instituted, intensified, lead, length, light, lose, lower, magnitude, manage, mandatory, measurement, mitigate, mitigation, Modified, monitoring, negatively, office, Organization, outbreak, outlook, pace, permitted, persist, person, positioned, positive, predict, prepare, prolonged, prospectively, protect, protecting, quarantine, range, Recently, recommended, reflective, regulated, remotely, restricting, resulted, scope, served, set, setting, shifted, slowdown, social, Springfield, step, strain, studio, successful, supportable, survival, tempered, thousand, ticket, travel, traveled, turnaround, uncertain, undertaken, utilizing, varied, volatility, voluntarily, work, working, World, worldwide

From filing 10-Q 2021 Q1