SGA
Saga Communications, Inc.
NasdaqGMUSDEQUITY
Communication Services
DELAYED
Sell
-49/100
Last price
8.37
▲ 0.01 (0.12%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
8.36
Day high
8.43
Day low
8.33
Volume
4.92K
Market cap
$53.22M
P/E (TTM)
—
52W range
8.08 – 13.03
Trailing performance
Returnvs SPY
1W
+1.09%
-0.9%
1M
-8.82%
-10.0%
3M
-6.06%
-10.6%
6M
-27.84%
-46.0%
YTD
-26.90%
-41.1%
1Y
-35.52%
-51.9%
3Y
-61.00%
-143.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on SGA open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
1.59M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Feb 25, 26 | EDWARD K. CHRISTIAN TRUST Trustee |
SELL | 5.67K | $68.35K | Direct |
| Dec 10, 25 | LELAND WAYNE P Chief Operating Officer |
STOCK | 8.05K | $0 | Direct |
| Dec 10, 25 | BROWN CLARKE ROGER JR Director |
STOCK | 4.45K | $0 | Direct |
| Dec 10, 25 | CLARKE TIMOTHY J Director |
STOCK | 4.45K | $0 | Direct |
| Dec 10, 25 | FORGY CHRISTOPHER Chief Executive Officer |
STOCK | 30.41K | $0 | Direct |
| Dec 10, 25 | COPPEDGE ROY F III Director |
STOCK | 4.45K | $0 | Direct |
| Dec 10, 25 | SCHECHTER MICHAEL W Director |
STOCK | 4.45K | $0 | Direct |
| Dec 10, 25 | SCAFIDI MICHAEL Director |
STOCK | 2.96K | $0 | Direct |
| Dec 10, 25 | SUTHERLAND GREGORY DAVID Director |
STOCK | 1.11K | $0 | Direct |
| Dec 10, 25 | BOBINSKI CATHERINE A Officer |
STOCK | 6.29K | $0 | Direct |
| Dec 10, 25 | BUSH SAMUEL D Chief Financial Officer |
STOCK | 10.32K | $0 | Direct |
| Dec 10, 25 | LADA WARREN S Director |
STOCK | 4.45K | $0 | Direct |
| Oct 21, 25 | EDWARD K. CHRISTIAN TRUST Beneficial Owner of more than 10% of a Class of Security |
SELL | 1.67K | $20.86K | Direct |
| Oct 16, 25 | EDWARD K. CHRISTIAN TRUST Beneficial Owner of more than 10% of a Class of Security |
SELL | 761 | $9.52K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BOBINSKI CATHERINE A |
Officer | 40.61K | Stock Award(Grant) |
BROWN CLARKE ROGER JR |
Director | 19.27K | Stock Award(Grant) |
BUSH SAMUEL D |
Chief Financial Officer | 72.72K | Stock Award(Grant) |
CLARKE TIMOTHY J |
Director | 17.50K | Stock Award(Grant) |
EDWARD K. CHRISTIAN TRUST |
Trustee | 881.04K | Sale |
FORGY CHRISTOPHER |
Chief Executive Officer | 119.24K | Stock Award(Grant) |
GATE CITY CAPITAL MANAGEMENT, L.L.C. |
Beneficial Owner of more than 10% of a Class of Security | — | Purchase |
LADA WARREN S |
Director | 34.82K | Stock Award(Grant) |
LELAND WAYNE P |
Chief Operating Officer | 33.49K | Stock Award(Grant) |
LOBAITO MARCIA K |
Director | 25.06K | Stock Award(Grant) |
Fundamentals
Market cap$53.22M
Enterprise value$35.51M
Revenue (TTM)$103.94M
Gross profit$12.31M
EBITDA$-833.00K
Net income$-8.47M
EPS (TTM)$-1.38
Free cash flow$1.57M
Total cash$27.84M
Total debt$10.14M
Book value / share$23.31
Shares outstanding6.36M
Float3.57M
Short % of float0.32%
Dividend yield12.01%
Beta (5Y)-0.07
Valuation & profitability ratios
Trailing P/E—
Forward P/E17.44
PEG ratio4.31
Price / sales—
Price / book0.36
EV / revenue0.34
EV / EBITDA-42.63
Gross margin11.84%
Operating margin-3.39%
Profit margin-8.55%
Return on equity-5.70%
Return on assets-1.74%
Debt / equity6.84
Current ratio2.24
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $107.11M | $112.92M | $115.50M | $114.89M | -5.1% |
| Operating revenue | $98.52M | $103.96M | $106.58M | $106.62M | -5.2% |
| Cost of revenue | $91.78M | $91.83M | $92.93M | $87.54M | -0.1% |
| Gross profit | $15.33M | $21.08M | $22.57M | $27.36M | -27.3% |
| Selling, general & admin | $12.32M | $12.40M | $10.97M | $14.30M | -0.6% |
| Total operating expense | $5.98M | $18.73M | $11.09M | $14.29M | -68.1% |
| Operating income | $9.35M | $2.35M | $11.49M | $13.07M | +297.2% |
| Net interest income | $470.00K | $699.00K | $1.27M | $280.00K | -32.8% |
| Pre-tax income | -$10.47M | $4.57M | $12.88M | $14.00M | -329.1% |
| Tax provision | -$2.57M | $1.11M | $3.38M | $4.80M | -331.5% |
| Net income | -$7.90M | $3.46M | $9.50M | $9.20M | -328.3% |
| Net income to common | -$7.53M | $3.35M | $9.35M | $9.06M | -324.9% |
| Basic EPS | -1.22 | 0.55 | 1.52 | 1.52 | -321.8% |
| Diluted EPS | -1.22 | 0.55 | 1.52 | 1.52 | -321.8% |
| EBIT | -$10.04M | $4.92M | $13.05M | $14.13M | -304.0% |
| EBITDA | -$4.86M | $10.20M | $18.10M | $19.30M | -147.6% |
| Basic shares | 6.15M | 6.08M | 6.04M | 5.97M | +1.3% |
| Diluted shares | 6.15M | 6.08M | 6.04M | 5.97M | +1.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $22.51M | $18.86M | $29.58M | $36.80M | +19.3% |
| Cash & short-term investments | $31.81M | $27.79M | $40.18M | $46.92M | +14.5% |
| Accounts receivable | $14.74M | $16.69M | $18.02M | $18.45M | -11.7% |
| Total current assets | $49.17M | $47.09M | $60.64M | $67.86M | +4.4% |
| Property, plant & equipment | $56.67M | $58.84M | $51.41M | $53.20M | -3.7% |
| Goodwill & intangibles | $91.06M | $111.86M | $109.82M | $109.91M | -18.6% |
| Total assets | $201.32M | $221.72M | $232.21M | $240.75M | -9.2% |
| Total current liabilities | $16.16M | $16.56M | $28.03M | $29.38M | -2.4% |
| Long-term debt | $5.00M | $5.00M | — | — | 0.0% |
| Total debt | $5.00M | $5.00M | — | — | 0.0% |
| Total liabilities | $49.84M | $55.80M | $61.66M | $62.22M | -10.7% |
| Retained earnings | $113.88M | $128.22M | $134.77M | $143.90M | -11.2% |
| Shareholder equity | $151.48M | $165.92M | $170.55M | $178.53M | -8.7% |
| Working capital | $33.01M | $30.53M | $32.62M | $38.48M | +8.1% |
| Net tangible assets | $60.41M | $54.07M | $60.73M | $68.61M | +11.7% |
| Shares issued | 8.30M | 8.18M | 8.01M | 7.87M | +1.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$7.90M | $3.46M | $9.50M | $9.20M | -328.3% |
| Depreciation & amortisation | $5.18M | $5.28M | $5.05M | $5.17M | -2.0% |
| Stock-based compensation | $2.13M | $1.95M | $1.12M | $1.86M | +9.3% |
| Change in working capital | $915.00K | $2.78M | -$664.00K | -$856.00K | -67.1% |
| Operating cash flow | $5.46M | $13.77M | $15.38M | $17.13M | -60.3% |
| Capital expenditure | -$3.04M | -$9.48M | -$4.36M | -$6.05M | +67.9% |
| Investing cash flow | $7.15M | -$6.68M | -$2.50M | -$14.99M | +207.0% |
| Share buybacks | -$2.53M | -$290.00K | -$227.00K | -$147.00K | -773.8% |
| Dividends paid | -$6.43M | -$22.52M | -$19.88M | -$19.79M | +71.4% |
| Financing cash flow | -$8.97M | -$17.81M | -$20.10M | -$20.09M | +49.7% |
| Free cash flow | $2.42M | $4.29M | $11.02M | $11.07M | -43.6% |
| End cash position | $22.51M | $18.86M | $29.58M | $36.80M | +19.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $26.40M | $22.87M | $26.50M | $28.17M | $28.23M | +15.5% |
| Operating revenue | $24.83M | $21.34M | $24.57M | $25.42M | $26.18M | +16.4% |
| Cost of revenue | $23.44M | $22.01M | $22.92M | $24.67M | $22.23M | +6.5% |
| Gross profit | $2.97M | $855.00K | $3.59M | $3.49M | $6.00M | +246.9% |
| Selling, general & admin | $2.68M | $2.98M | $3.26M | $2.82M | $3.07M | -10.1% |
| Total operating expense | $3.86M | $4.12M | -$7.28M | $4.12M | $4.34M | -6.2% |
| Operating income | -$894.00K | -$3.26M | $10.87M | -$626.00K | $1.66M | +72.6% |
| Net interest income | $486.00K | $143.00K | $144.00K | $108.00K | $103.00K | +239.9% |
| Pre-tax income | $1.11M | -$3.06M | -$9.38M | -$437.00K | $1.51M | +136.2% |
| Tax provision | $150.00K | -$670.00K | -$2.46M | $95.00K | $385.00K | +122.4% |
| Net income | $960.00K | -$2.39M | -$6.92M | -$532.00K | $1.13M | +140.1% |
| Net income to common | $918.00K | -$2.29M | -$6.60M | -$504.00K | $1.08M | +140.2% |
| Basic EPS | 0.15 | -0.38 | -1.07 | -0.08 | 0.18 | +139.5% |
| Diluted EPS | 0.15 | -0.38 | -1.07 | -0.08 | 0.18 | +139.5% |
| EBIT | $1.20M | -$2.97M | -$9.27M | -$329.00K | $1.62M | +140.4% |
| EBITDA | $2.39M | -$1.80M | -$8.00M | $978.00K | $2.89M | +232.6% |
| Basic shares | 6.09M | 6.07M | 6.14M | 6.16M | 6.18M | +0.3% |
| Diluted shares | 6.09M | 6.07M | 6.14M | 6.16M | 6.18M | +0.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $18.38M | $21.05M | $22.51M | $17.06M | $15.79M | — | -12.7% |
| Cash & short-term investments | $27.84M | $30.44M | $31.81M | $26.27M | $24.91M | — | -8.5% |
| Accounts receivable | $14.20M | $13.29M | $14.74M | $15.44M | $16.13M | — | +6.9% |
| Total current assets | $46.23M | $47.75M | $49.17M | $50.33M | $45.54M | — | -3.2% |
| Property, plant & equipment | $54.85M | $54.78M | $56.67M | $47.15M | $51.22M | — | +0.1% |
| Goodwill & intangibles | $95.72M | $95.49M | $91.06M | $120.86M | $122.12M | — | +0.2% |
| Total assets | $196.81M | $198.03M | $201.32M | $218.35M | $218.87M | — | -0.6% |
| Total current liabilities | $20.64M | $17.01M | $16.16M | $18.38M | $16.48M | — | +21.3% |
| Current debt | $5.00M | — | — | — | — | — | — |
| Long-term debt | — | $5.00M | $5.00M | $5.00M | $5.00M | $5.00M | — |
| Total debt | $5.00M | $5.00M | $5.00M | $5.00M | $5.00M | — | 0.0% |
| Total liabilities | $48.58M | $49.72M | $49.84M | $56.30M | $55.19M | — | -2.3% |
| Retained earnings | $109.27M | $109.91M | $113.88M | $122.41M | $124.55M | — | -0.6% |
| Shareholder equity | $148.23M | $148.31M | $151.48M | $162.06M | $163.68M | — | -0.1% |
| Working capital | $25.59M | $30.74M | $33.01M | $31.95M | $29.05M | — | -16.8% |
| Net tangible assets | $52.51M | $52.82M | $60.41M | $41.19M | $41.56M | — | -0.6% |
| Shares issued | 6.34M | 8.30M | 8.30M | 8.18M | 8.18M | — | -23.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $960.00K | -$2.39M | -$6.92M | -$532.00K | $1.13M | +140.1% |
| Depreciation & amortisation | $1.18M | $1.17M | $1.28M | $1.31M | $1.27M | +0.9% |
| Stock-based compensation | $548.00K | $518.00K | $484.00K | $518.00K | $603.00K | +5.8% |
| Change in working capital | -$2.85M | $1.75M | $103.00K | $2.19M | -$2.25M | -262.9% |
| Operating cash flow | -$1.68M | $407.00K | -$18.00K | $3.36M | $755.00K | -513.8% |
| Capital expenditure | -$1.26M | -$779.00K | -$441.00K | -$590.00K | -$1.31M | -62.0% |
| Investing cash flow | $599.00K | -$261.00K | $9.61M | -$485.00K | -$1.30M | +329.5% |
| Share buybacks | $0 | -$13.00K | -$2.53M | $0 | $0 | +100.0% |
| Dividends paid | -$1.59M | -$1.58M | -$1.61M | -$1.61M | -$1.61M | -0.4% |
| Financing cash flow | -$1.59M | -$1.60M | -$4.14M | -$1.61M | -$1.61M | +0.4% |
| Free cash flow | -$2.95M | -$372.00K | -$459.00K | $2.77M | -$559.00K | -691.9% |
| End cash position | $18.38M | $21.05M | $22.51M | $17.06M | $15.79M | -12.7% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.18 | 0.15 | +183.3% |
| Mar 2026 | — | -0.38 | — |
| Dec 2025 | 0.04 | -1.07 | -2,775.0% |
| Sep 2025 | 0.21 | -0.08 | -138.1% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.00 | 1 | $27.60M | -2.0% |
| Next quarter | 0.05 | 1 | $28.50M | +7.5% |
| Current year | -0.52 | 1 | $104.50M | -2.4% |
| Next year | -0.36 | 1 | $105.53M | +1.0% |
Analyst targets & ownership
Mean target$14.00
High target$14.00
Low target$14.00
Implied upside67.26%
Analyst count1
ConsensusNONE
Strong buy / Buy0 / 0
Hold1
Sell / Strong sell0 / 0
Held by insiders25.02%
Held by institutions53.75%
Institutions holding36
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
8.41
-0.43% from price
SMA 20
8.70
-3.77% from price
SMA 50
9.03
-7.31% from price
SMA 100
9.07
-7.72% from price
SMA 200
10.25
-18.33% from price
EMA 12
8.49
-1.44% from price
EMA 26
8.70
-3.79% from price
EMA 50
8.90
-5.98% from price
RSI (14)
41.2
Neutral
MACD (12,26,9)
-0.21
Hist -0.03
ATR (14)
0.23
2.76% of price
Realised vol 30D
34.3%
Annualised
Bollinger upper
9.35
20, 2σ
Bollinger lower
8.04
20, 2σ
50 / 200 cross
Death
9.03 vs 10.25
Trend bias
Below 200
-18.33%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.30
Less volatile than market
Correlation to SPY
0.12
Largely independent
Realised vol 30D
34.3%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-37.6%
Peak to trough
Max drawdown 5Y
-72.0%
Peak to trough
ATR 14
0.23
2.76% of price
Beta (reported)
-0.07
5Y monthly, from filing
Short interest
Shares short
9.98K
Prior 13.14K
Change vs prior
-24.1%
Shorts covering
% of float
0.32%
Normal
% of shares out
0.16%
Against total outstanding
Days to cover
0.7
Liquid
Float
3.57M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| May 31, 23 | Noble Capital Markets | INITIATED | — | Outperform |
| Apr 13, 15 | Citigroup | UPGRADE | Sell | Neutral |
Dividends & splits
Forward rate$1.00 / yr
Forward yield12.01%
5-year avg yield4.47%
Payout ratio2000.00%
Ex-dividend dateSep 23, 2026
Next pay dateOct 16, 2026
Last split4:3
Split dateJan 17, 2013
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-10
Periodic Financial Reports
10-Q · 2026-08-14
Corporate Changes & Voting Matters
8-K · 2026-08-13
Annual report of employee stock purchase
11-K · 2026-06-29
Corporate Changes & Voting Matters
8-K · 2026-06-02
Periodic Financial Reports
10-Q · 2026-05-08
Corporate Changes & Voting Matters
8-K · 2026-05-07
Proxy Statements
DEFA14A · 2026-04-20
Headlines
Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per Share
GlobeNewswire · 27d ago
Saga (SGA) Q2 2026 Earnings Call Transcript
Motley Fool · 48d ago
Saga Communications Inc (SGA) (Q2 2026) Earnings Call Highlights: Digital Surge Offsets ...
GuruFocus.com · 53d ago
Saga Communications, Inc. Q2 2026 Earnings Call Summary
Moby · 55d ago
Saga Communications Q2 Earnings Call Highlights
MarketBeat · 55d ago
Saga Communications, Inc. Reports 2nd Quarter 2026 Results
GlobeNewswire · 55d ago
Saga Communications, Inc. Announces Date and Time of 2nd Quarter 2026 Earnings Release and Conference Call
GlobeNewswire · 76d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.