Last $33.58 USD
Change Today -3.46 / -9.34%
Volume 23.6K
SGA On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 8:04 PM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

saga communications inc-cl a (SGA) Snapshot

Open
$37.02
Previous Close
$37.04
Day High
$37.51
Day Low
$33.58
52 Week High
03/4/14 - $55.00
52 Week Low
09/30/14 - $33.58
Market Cap
193.1M
Average Volume 10 Days
7.6K
EPS TTM
$2.76
Shares Outstanding
4.9M
EX-Date
10/1/14
P/E TM
12.2x
Dividend
$0.80
Dividend Yield
6.35%
Current Stock Chart for SAGA COMMUNICATIONS INC-CL A (SGA)

saga communications inc-cl a (SGA) Related Bloomberg News

View More Bloomberg News

saga communications inc-cl a (SGA) Related Businessweek News

No Related Businessweek News Found

saga communications inc-cl a (SGA) Details

Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. It operates in two segments, Radio and Television. The company owns and operates radio stations, radio information networks, television stations, and low-power television (LPTV) stations. Its radio stations employ various programming formats, such as classic hits, adult contemporary, classic rock, news/talk, and country. The company also develops local programming, including a local news franchise in each of its television markets. As of February 28, 2014, it owned and/or operated 4 television stations and 4 LPTV stations serving 2 markets, 5 radio information networks, and 62 FM and 30 AM radio stations serving 23 markets, including Bellingham, Washington; Columbus, Ohio; Norfolk, Virginia; Milwaukee, Wisconsin; Manchester, New Hampshire; Des Moines, Iowa; and Joplin, Missouri. The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.

790 Employees
Last Reported Date: 03/17/14
Founded in 1986

saga communications inc-cl a (SGA) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $902.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $362.1K
Executive Vice President of Operations
Total Annual Compensation: $395.2K
Executive Vice President and Group Program Di...
Total Annual Compensation: $468.4K
Senior Vice President, Director of Business A...
Total Annual Compensation: $202.2K
Compensation as of Fiscal Year 2013.

saga communications inc-cl a (SGA) Key Developments

Saga Communications, Inc. Declares Quarterly Cash Dividend, Payable on October 17, 2014

Saga Communications Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share for its Class A and Class B shares. The dividend will be paid on October 17, 2014 to shareholders of record on October 3, 2014.

Saga Communications Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Capital Expenditures Guidance for the Year 2014

Saga Communications Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net operating revenue was $33,831,000 against $33,832,000 a year ago. Operating income from continuing operations was $8,212,000 against $8,357,000 a year ago. Income from continuing operations before income tax was $7,970,000 against $7,934,000 a year ago. Net income was $4,777,000 against $4,804,000 a year ago. Diluted earnings per share were $0.82 against $0.84 a year ago. Capital expenditures were $1,455,000 compared to $1,288,000 for the same period last year. Diluted net income from continuing operations was $0.82 against $0.84 a year ago. Free cash flow was $5.9 million compared to $6.2 million a year ago. For the six months, the company reported net operating revenue was $63,254,000 against $62,789,000 a year ago. Operating income from continuing operations was $12,535,000 against $13,278,000 a year ago. Income from continuing operations before income tax was $12,036,000 against $12,472,000 a year ago. Net income was $7,216,000 against $7,753,000 a year ago. Diluted earnings per share were $1.24 against $1.35 a year ago. Capital expenditures were $2,914,000 compared to $2,465,000 for the same period last year. Diluted net income from continuing operations was $1.24 against $1.31 a year ago. For the year, the company currently expects to spend approximately $5.5 million for capital expenditures. Free cash flow to be between $20 million and $22 million. Total tax rate going forward will be between 40% and 41%. Deferred taxes to be between $2.9 million and $3.2 million.

Saga Communications Declares Quarterly Cash Dividend Payable on July 25, 2014

Saga Communications reported that its Board of Directors authorized the initiation of a regular quarterly cash dividend of $0.20 per share for its Class A and Class B shares. According to a release from the company, the dividend will be paid on July 25, to shareholders of record on July 11. In addition, the Board of Directors expects to continue its practice of paying special cash dividends as circumstances permit.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SGA:US $33.58 USD -3.46

SGA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Beasley Broadcasting Group Inc $5.36 USD -0.07
Emmis Communications Corp $2.11 USD -0.05
Entravision Communications Corp $3.96 USD 0.00
Salem Communications Corp $7.61 USD +0.035
Spanish Broadcasting System Inc $4.30 USD -0.06
View Industry Companies
 

Industry Analysis

SGA

Industry Average

Valuation SGA Industry Range
Price/Earnings 14.7x
Price/Sales 1.6x
Price/Book 1.8x
Price/Cash Flow 14.5x
TEV/Sales 1.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SAGA COMMUNICATIONS INC-CL A, please visit www.sagacommunications.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.