Saga Communications (SGA) to Announce Quarterly Earnings on Thursday

Saga Communications (NASDAQ:SGA) will likely be announcing its Q2 2026 results before the market opens on Thursday, August 13th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $25.50 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 13, 2026 at 11:00 AM ET.

Saga Communications Price Performance

Shares of Saga Communications stock opened at $9.86 on Wednesday. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $62.75 million, a price-to-earnings ratio of -7.30 and a beta of -0.10. Saga Communications has a twelve month low of $8.24 and a twelve month high of $13.51. The company has a 50-day simple moving average of $8.98 and a two-hundred day simple moving average of $10.42.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its stake in shares of 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 valued at $211,000 after purchasing an additional 16,896 shares during the last quarter. LPL Financial LLC acquired a new position in shares of Saga Communications during the 4th quarter worth $163,000. Osaic Holdings Inc. lifted its position in shares of Saga Communications by 256.7% during the 2nd quarter. Osaic Holdings Inc. now owns 3,984 shares of the company’s stock worth $52,000 after buying an additional 2,867 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Saga Communications by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 59,371 shares of the company’s stock worth $678,000 after buying an additional 1,923 shares during the last quarter. Finally, Empowered Funds LLC boosted its stake in Saga Communications by 5.8% in the fourth quarter. Empowered Funds LLC now owns 33,851 shares of the company’s stock valued at $386,000 after buying an additional 1,850 shares in the last quarter. Institutional investors and hedge funds own 74.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on SGA shares. Weiss Ratings cut shares of Saga Communications from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 20th. Noble Financial cut Saga Communications from a “strong-buy” rating to a “market perform” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Saga Communications currently has an average rating of “Reduce”.

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.