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Saga Communications, Inc. - SGA STOCK NEWS

Welcome to our dedicated news page for Saga Communications (Ticker: SGA), a resource for investors and traders seeking the latest updates and insights on Saga Communications.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Saga Communications's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Saga Communications's position in the market.

News
Saga Communications, Inc. Announces Date and Time of 1st Quarter 2024 Earnings Release and Conference Call
Rhea-AI Summary
Saga Communications, Inc. announces the date and time for its 1st Quarter 2024 earnings release and conference call. The company will release the results on May 9, 2024, at 9:00 a.m. EDT and hold a conference call at 11:00 a.m. EDT on the same day. Saga Communications is a media company focused on broadcast properties and revenue initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
earnings
-
News
Saga Communications, Inc. Announces Variable Dividend Declaration and Reports 4th Quarter and Year End 2023 Results
Rhea-AI Summary
Saga Communications, Inc. (SGA) declares a variable dividend of $0.60 per share, with a payment of approximately $3.8 million funded by cash on the balance sheet. Net revenue decreased by 3.3% to $29.1 million for the quarter ended December 31, 2023. The Company reported a decrease in operating income and net income compared to the same periods last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
dividends
-
News
Saga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2023 Earnings Release and Conference Call
Rhea-AI Summary
Saga Communications, Inc. (SGA) announced the release of its 4th Quarter and Year End 2023 results on March 7, 2024. The company will host a conference call to discuss the earnings, focusing on non-GAAP financial measures like station operating income and free cash flow. Saga is a media company operating broadcast properties with a growing interest in digital, e-commerce, and non-traditional revenue ventures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
earnings
News
Saga Communications, Inc. Agrees to Acquire Radio Stations Serving the Greater Lafayette, IN Radio Market
Rhea-AI Summary
Saga Communications, Inc. (SGA) has agreed to purchase radio assets from Neuhoff Communications, expanding its presence in the Greater Lafayette, IN market. The acquisition aligns with Saga's strategy to grow its radio business and explore new revenue streams. Saga plans to continue acquiring stations in dynamic communities to enhance its market presence and offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
Tags
acquisition
-
News
Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per Share
Rhea-AI Summary
Saga Communications, Inc. (SGA) has declared a quarterly cash dividend of $0.25 per share, amounting to approximately $1.6 million, to be paid on March 8, 2024. The company has paid around $127 million in dividends to shareholders since 2012 and intends to continue with regular and variable dividends. The variable dividend policy aims to maintain a strong balance sheet, increase cash returns to shareholders, and grow the company through strategic acquisitions. Saga is a media company with a focus on acquiring, developing, and operating broadcast properties, including digital, e-commerce, and non-traditional revenue initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
dividends
-
News
Saga Communications, Inc. Declares a Special Cash Dividend of $2.00 per Share
Rhea-AI Summary
Saga Communications, Inc. (Nasdaq - SGA) declared a special cash dividend of $2.00 per share, totaling approximately $12.5 million to be paid on January 12, 2024. The Board aims to reduce ongoing cash balances and considers issuing a variable dividend based on future cash flows. Saga has paid over $125.3 million in dividends since 2012 and plans to continue regular, special, and variable dividends, as well as stock buybacks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.95%
Tags
dividends
News
Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per Share
Rhea-AI Summary
Saga Communications, Inc. (Nasdaq: SGA) declares a quarterly cash dividend of $0.25 per share, totaling approximately $1.5 million, to be paid on December 15, 2023. The company has paid $113 million in dividends since 2012 and plans to continue regular and variable dividends, special dividends, and stock buybacks. Saga Communications is a broadcasting company with 27 markets and numerous radio stations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.69%
Tags
dividends
-
News
Saga Communications, Inc. Reports 3rd Quarter 2023 Results
Rhea-AI Summary
Saga Communications, Inc. (Nasdaq - SGA) reported a 2.8% decrease in net revenue to $29.2 million for Q3 2023 compared to the same period last year. Operating income increased to $3.5 million from $1.1 million. Diluted earnings per share were $0.45. For the nine-month period, net revenue decreased 1.3% to $83.6 million. The company will pay a quarterly dividend of $0.25 per share, totaling approximately $1.5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
-
News
Saga Communications, Inc. Announces Date and Time of 3rd Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
Saga Communications, Inc. will release its 3rd Quarter 2023 results on November 2, 2023. Conference call scheduled at 11:00 a.m. EDT. Contact: Samuel D. Bush (313) 886-7070
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
Tags
earnings
News
Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per Share
Rhea-AI Summary
Saga Communications, Inc. declares quarterly cash dividend of $0.25 per share, totaling approximately $1.5 million. Company has paid $111 million in dividends since 2012. Plans to continue regular and variable dividends, special dividends, and stock buybacks at the discretion of the Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
dividends
Stock SGA logo
Saga Communications, Inc.

Nasdaq:SGA

SGA Rankings

#3992 Ranked by Market Cap
#3157 Ranked by Stock Gains
#2125 Ranked by Dividends

SGA Stock Data

136.60M
3.48M
22.17%
64.06%
0.13%
Radio Networks
Information
Link
US
Stone Mountain

About SGA

saga communications, inc. is a broadcast company whose business is primarily devoted to acquiring, developing and operating radio stations, television stations and state radio networks. saga currently owns or operates broadcast properties in 25 markets, including 62 fm and 30 am radio stations, a state radio network, 2 farm radio networks, 4 television stations and 4 low power television stations. saga's strategy is to operate top billing radio and television stations in mid sized markets, defined as markets ranked (by market revenues) from 20 to 200. saga's radio stations employ a myriad of programming formats, including classic hits, adult contemporary, active rock, oldies, news/talk, country and classical. saga's television stations are affiliated with cbs and fox in joplin, mo; abc, fox, nbc, telemundo and univision in victoria, tx. in operating its stations, saga concentrates on the development of strong decentralized local management, which is responsible for the day-to-day opera