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Communication
Date November 21, 2023 Communication Services
52wk High $29.18
52wk Low $18.89 Saga Communications, Inc. SGA $21.57
73 Kercheval Avenue
Grosse Pointe Farms, MI 48236
(USD - in millions) www.sagacom.com
Market Cap 130.7
Enterprise 96.3
Basic Shares Out. 6.12 COMPANY OVERVIEW
Float 3.42
Institutional Holdings 40.69% Detailed Analysis:Channelchek.com
Short Interest 0.01
Avg. 90-Day Volume 0.02 Saga Communications, Inc. is a broadcast company whose business is
primarily devoted to acquiring, developing and operating radio stations.
Saga currently owns or operates broadcast properties in 27 markets,
including 79 FM and 33 AM radio stations.
EPS Data Saga’s strategy is to operate top billing radio stations in mid sized
2021 2022 2023 markets, defined as markets ranked (by market revenues) from 20 to
CQ1 N/A N/A N/A 200. Saga’s radio stations employ a myriad of programming formats,
CQ2 N/A N/A 0.51 including Active Rock, Adult Album Alternative, Adult Contemporary,
Country, Classic Country, Classic Hits, Classic Rock, Contemporary
CQ3 N/A N/A 0.40 Hits Radio, News/Talk, Oldies and Urban Contemporary.
CQ4 N/A N/A N/A
CY N/A N/A N/A Source: Channelchek/QuoteMedia
Long-Term EPS Estimate N/A
Price/Book (mrq) 29.71
ROE (ttm) 6.10
Debt-to-Total Cap. (mrq) 3.85
Fiscal Year End 31-Dec
73 Kercheval AGrosse Pointe MI 48236
Key Executives
CEO: Forgy, Christopher
CFO: Bush, Samuel
COO: Leland, Wayne
IR: N/A
Noble Capital Markets, Inc.
Source: Capital IQ, Noble Financial estimates, company filings
Noble Director of Research 561-994-1191 noblecapitalmarkets.com
Michael Kupinski MEMBERS: FINRA, SIPC, MSRB
mkupinski@noblefcm.com Following the conference, complete video library of presentations will be
available at: channelchek.com | nobleconference.com
(561) 994-5734
Refer to the back of the book for disclosures