Saga Communications
Operates local radio brands alongside digital and e-commerce services.
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Profile
Local media business built around radio stations and complemented by digital, e-commerce, online-news and other non-traditional initiatives. Its single reportable segment is Radio, while local managers operate brands around audience and client relationships.
Local radio stations form the core business, alongside digital, e-commerce, online-news and other non-traditional initiatives. Its operating approach is local media run by local managers, with brands focused on audience and client relationships. The company develops and operates these broadcast properties. Websites, mobile apps, streaming and podcasts support the brands.
Operations are concentrated in U.S. local markets. The portfolio includes FM and AM stations plus metro signals, using music and news-talk formats. Following the exit from television ownership, the model pairs broadcast properties with complementary digital channels. Radio is the sole reportable segment.
Company facts
Categories
Key statistics
Year to date −23.0% · Average volume (30d) 15.3K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 13, 2026Q2 FY26 | −$0.18 | $0.15 | +183.3% | $25.5M | $26.4M | +3.5% | −4.33% |
| May 7, 2026Q1 FY26 | — | −$0.43 | — | — | $22.9M | — | −1.09% |
| Mar 12, 2026Q4 FY25 | $0.04 | $1.27 | +3,075.0% | $27.7M | $26.5M | −4.3% | +2.71% |
| Nov 6, 2025Q3 FY25 | $0.21 | −$0.08 | −138.1% | $27.7M | $28.2M | +1.7% | +2.23% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $24.2M | $28.2M | $28.2M | $26.5M | $22.9M | $26.4M | |
| Gross profit | $2.2M | $4.7M | $2.2M | $3.6M | −$319.0K | $24.1M | |
| Operating income | −$2.3M | $1.4M | −$635.0K | $10.9M | −$3.3M | $623.0K | |
| Net income | −$1.6M | $1.1M | −$532.0K | −$6.9M | −$2.4M | $960.0K | |
| Diluted EPS | −$0.25 | $0.18 | −$0.09 | −$1.07 | −$0.39 | $0.15 | |
| Gross margin | 9.3% | 16.8% | 7.8% | 13.5% | -1.4% | 91.1% | |
| Operating margin | -9.5% | 5.0% | -2.3% | 41.0% | -14.4% | 2.4% |
Fiscal years (4-quarter sums)FY21 $108.3M · FY22 $114.9M · FY23 $112.8M · FY24 $113.5M · FY25 $107.1M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $27.8M · Total debt $5.0M · Total assets $196.8M · Shareholders' equity $148.2M
Dividends
Raised for 4 straight years — most recently to $0.25 from $0.20 in Mar 2023. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| May 22, 2026 | May 22 | Jun 12 | $0.25 | |
| Feb 26, 2026 | Feb 26 | Mar 20 | $0.25 | |
| Nov 24, 2025 | Nov 24 | Dec 12 | $0.25 | |
| Aug 26, 2025 | Aug 26 | Sep 19 | $0.25 | |
| Jun 6, 2025 | Jun 6 | Jun 27 | $0.25 | |
| Feb 18, 2025 | Feb 18 | Mar 7 | $0.25 | |
| Nov 25, 2024 | Nov 25 | Dec 13 | $0.25 | |
| Sep 25, 2024 | Sep 25 | Oct 18 | $0.25 |
Ownership
Shares outstanding 6.37M · Float 4.74M · 74.4% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Towerview LLC | 1.16M | 18.22% | 13F | May 5, 2026 |
| Edward K. Christian Trust | 881.0K | 13.80% | 13G | May 15, 2026 |
| Gate City Capital Management, LLC | 863.8K | 13.56% | 13F | May 15, 2026 |
| Stanley Kesselman | 391.4K | 6.20% | 13G | Jan 7, 2026 |
| Dimensional Fund Advisors LP | 350.7K | 5.50% | 13F | May 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Feb 25, 2026 | Edward K. Christian Trust | 10 percent owner | −5,665 | $12.07 |
| Oct 21, 2025 | Edward K. Christian Trust | 10 percent owner | −1,669 | $12.50 |
| Oct 16, 2025 | Edward K. Christian Trust | 10 percent owner | −761 | $12.51 |
| Oct 15, 2025 | Edward K. Christian Trust | 10 percent owner | −682 | $12.56 |
| Oct 14, 2025 | Edward K. Christian Trust | 10 percent owner | −748 | $12.51 |
Peers
- iHeartMedia
Scaled U.S. radio, streaming, podcasting and local-audio ad platform
- Townsquare Media
Community-focused radio and digital-marketing operator outside top 50 markets
- Beasley Broadcast Group
U.S. radio operator selling broadcast and integrated digital advertising
- Urban One Class A
Urban-focused U.S. radio broadcaster with digital advertising operations
- Sirius XM
Satellite, streaming and Pandora audio platform competing for listening and ads
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Saga Communications | $8.91 | +0.56% | $56.8M | — | — | 0.5 | −6.5% |
| iHeartMedia | $2.75 | −0.18% | $357.7M | — | — | 0.1 | +4.7% |
| Townsquare Media | $5.78 | +0.52% | $96.2M | — | 31.1 | 0.2 | −0.1% |
| Beasley Broadcast Group | $19.45 | −0.26% | $35.1M | — | — | 0.2 | −16.7% |
| Urban One Class A | $4.86 | +0.21% | $12.2M | — | — | 0.0 | −6.4% |
| Sirius XM | $28.48 | −0.25% | $9.62B | 11.2 | 9.1 | 1.1 | +1.0% |
| Median | 11.2 | 20.1 | 0.2 | −0.1% |