Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States.
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Saga Communications's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SGA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SGA underperformed the US Media industry which returned -12.8% over the past year.
Return vs Market: SGA underperformed the US Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is Saga Communications's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StHere's What We Think About Saga Communications, Inc.'s (NASDAQ:SGA) CEO Pay
2 weeks ago | Simply Wall StIs Saga Communications, Inc.'s (NASDAQ:SGA) 4.6% Dividend Worth Your Time?
4 weeks ago | Simply Wall StCalculating The Fair Value Of Saga Communications, Inc. (NASDAQ:SGA)
Is Saga Communications undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SGA ($27.49) is trading above our estimate of fair value ($27.38)
Significantly Below Fair Value: SGA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SGA is poor value based on its PE Ratio (12.3x) compared to the Media industry average (9.5x).
PE vs Market: SGA is good value based on its PE Ratio (12.3x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SGA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SGA is good value based on its PB Ratio (0.9x) compared to the US Media industry average (0.9x).
How is Saga Communications forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Media industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Saga Communications has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Saga Communications performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SGA has high quality earnings.
Growing Profit Margin: SGA's current net profit margins (10.6%) are lower than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: SGA's earnings have grown by 4.8% per year over the past 5 years.
Accelerating Growth: SGA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SGA had negative earnings growth (-3.3%) over the past year, making it difficult to compare to the Media industry average (6%).
Return on Equity
High ROE: SGA's Return on Equity (6.9%) is considered low.
How is Saga Communications's financial position?
Financial Position Analysis
Short Term Liabilities: SGA's short term assets ($66.7M) exceed its short term liabilities ($17.5M).
Long Term Liabilities: SGA's short term assets ($66.7M) exceed its long term liabilities ($42.5M).
Debt to Equity History and Analysis
Debt Level: SGA's debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: SGA's debt to equity ratio has reduced from 31.3% to 5.2% over the past 5 years.
Debt Coverage: SGA's debt is well covered by operating cash flow (253.4%).
Interest Coverage: SGA's interest payments on its debt are well covered by EBIT (150.5x coverage).
Inventory Level: SGA has a high level of physical assets or inventory.
Debt Coverage by Assets: SGA's debt is covered by short term assets (assets are 6.7x debt).
What is Saga Communications's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SGA's dividend (4.66%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: SGA's dividend (4.66%) is low compared to the top 25% of dividend payers in the US market (5.37%).
Stability and Growth of Payments
Stable Dividend: SGA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SGA has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.9%), SGA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ed Christian (74yo)
Mr. Edward K. Christian has been President, Chief Executive Officer and Chairman since Saga Communications, Inc.’s inception in 1986. He is known as a Pioneer in the radio broadcasting industry. From 1977 ...
CEO Compensation Analysis
Compensation vs Market: Ed's total compensation ($USD3.39M) is above average for companies of similar size in the US market ($USD1.48M).
Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.
|Senior VP||22.5yrs||US$585.26k||0.42% $688.8k|
|Senior Vice President of Operations||1.83yrs||US$435.99k||0.098% $161.4k|
|Senior VP of Finance||28.5yrs||US$363.26k||0.25% $406.6k|
|Corporate Secretary||34.17yrs||US$392.92k||0.30% $494.6k|
|Chief Technical Officer||1yr||no data||no data|
Experienced Management: SGA's management team is seasoned and experienced (25.5 years average tenure).
|Independent Director||6.75yrs||US$51.44k||0.065% $106.7k|
|Lead Director||no data||US$112.64k||0.18% $297.4k|
|Independent Director||6.25yrs||US$65.83k||0.061% $100.6k|
|Independent Director||15.67yrs||US$51.44k||0.098% $161.9k|
Experienced Board: SGA's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Saga Communications, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Saga Communications, Inc.
- Ticker: SGA
- Exchange: NasdaqGM
- Founded: 1986
- Industry: Broadcasting
- Sector: Media
- Market Cap: US$164.975m
- Shares outstanding: 6.00m
- Website: https://sagacom.com
Number of Employees
- Saga Communications, Inc.
- 73 Kercheval Avenue
- Suite 201
- Grosse Pointe Farms
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SGA||NasdaqGM (Nasdaq Global Market)||Yes||Class A Common Stock||US||USD||Mar 1993|
Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company’s radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk. As of February 28, 2019, the company owned 79 FM and 34 AM radio stations serving 27 markets. Saga Communications, Inc. was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 00:27|
|End of Day Share Price||2020/03/31 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.