Saga Communications Announces Quarterly Cash Dividend

An update from Saga Communications ( (SGA) ) is now available.

On May 27, 2025, Saga Communications announced a quarterly cash dividend of $0.25 per share, to be paid on June 27, 2025, to shareholders of record on June 6, 2025, amounting to approximately $1.6 million. This dividend is part of Saga’s capital allocation plan for 2025, which includes potential stock buybacks funded by the sale of non-core assets, reflecting the company’s strategic focus on financial flexibility and shareholder returns.

The most recent analyst rating on (SGA) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Saga Communications stock, see the SGA Stock Forecast page.

Spark’s Take on SGA Stock

According to Spark, TipRanks’ AI Analyst, SGA is a Neutral.

Saga Communications scores a 67, reflecting a stable financial position with strengths in its balance sheet and a high dividend yield. Despite digital revenue growth, challenges remain due to declining net revenue and ongoing losses. Technical indicators suggest cautious optimism, while valuation concerns are balanced by attractive income returns. The company’s strategic digital focus offers potential, but current uncertainties regarding revenue pacing warrant a conservative outlook.

To see Spark’s full report on SGA stock, click here.

More about Saga Communications

Saga Communications, Inc. is a media company focused on acquiring, developing, and operating broadcast properties. It has a growing emphasis on opportunities complementary to its core radio business, including digital, e-commerce, and non-traditional revenue initiatives. Saga operates in 28 markets with 82 FM and 31 AM radio stations and 79 metro signals.

Average Trading Volume: 8,540

Technical Sentiment Signal: Sell

Current Market Cap: $79.16M

Learn more about SGA stock on TipRanks’ Stock Analysis page.