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Saga Communications ( (SGA) ) has provided an update.
On October 1, 2025, Saga Communications announced the appointment of Gregg Sutherland to its Board of Directors, increasing the board size to eight members. Sutherland, with a background in strategy consulting and board experience, is expected to help Saga scale its digital and other vertical initiatives. This appointment is part of Saga’s ongoing board refreshment strategy, which included adding Michael Scafidi earlier in the year. The company plans to reduce the board size to seven members at the 2026 Annual Shareholder Meeting.
The most recent analyst rating on (SGA) stock is a Hold with a $13.00 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’ overall stock score reflects a balance of strengths and challenges. The strong balance sheet and improved cash flow are positive, but declining revenue and profitability are concerning. The company’s focus on digital growth and cost management could enhance future performance, but current financial metrics indicate caution.
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 emphasizes opportunities that complement its core radio business, including digital, e-commerce, local online news services, and non-traditional revenue initiatives. Saga operates in 28 markets, owning or operating 82 FM and 31 AM radio stations and 79 metro signals.
Average Trading Volume: 7,417
Technical Sentiment Signal: Sell
Current Market Cap: $79.37M
Find detailed analytics on SGA stock on TipRanks’ Stock Analysis page.