Saga Communications, Inc. (SGA)

From the record

Saga Communications, Inc.'s filings since 2017 show 4 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2018-08-01); an auditor change (8-K item 4.01, the latest 2024-08-12); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-04-01) (its current reports).

From the record

Saga Communications, Inc.'s 9 filed years say what it did: revenue went from $118 million in fiscal 2017 to $107 million in fiscal 2025, down 1.2% a year; it rose in 4 of 8 years; the deepest fall was 23% from fiscal 2018 to fiscal 2020; net income was positive in 7 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Saga Communications, Inc.'s diluted share count grew about 1.0% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Saga Communications, Inc. lost about 5 cents for every dollar of shareholders' money. Leverage: it owed about 25 cents per dollar of assets, and net share issuance: its share count grew 1.3% over the year (the filed statements).

From the record

Saga Communications, Inc.'s standing among 10 graded names in its industry family: revenue of $107 million in fiscal 2025 ranks in the bottom 6% by size; a net margin of -7.4% ranks in the top 45%; revenue growth of -2.3% a year over the last 3 filed years ranks in the top 45% (its annual reports).

From the record

Saga Communications, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Forgy, Christopher (PRESIDENT & CEO, as filed), filing under that title since 2022-12-19, 3.9 years (bottom 10% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 12.9 years (top 50%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 21%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Saga Communications, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $23 million against debt of $5 million leaves 8.7% of its assets as net cash, top 25% of its family; cash from operations less capital spending is 2.3% of revenue (top 45%) (its annual report).

From the record

Saga Communications, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -2.3% a year over the last three filed years against -1.2% over all 9, slowing (top 25% of its family); the newest year grew -5.1% (bottom 45%); capital spending grew -20.2% a year (bottom 15%) (its annual reports). Saga Communications, Inc. reported 3 product lines in fiscal 2025: Broadcast Advertising Revenue Net at $82 million (76%), Digital Advertising Revenue at $17 million (16%), Other Revenue at $9 million (8%); 1 of 3 grew against the year before (its annual report).

From the record

Saga Communications, Inc.'s newest year against its own record: revenue of $107 million in fiscal 2025 came in 4.3% below the $112 million its prior three years' pace pointed to (top 45% of its family); net income of $8 million against a prior three-year average of $7 million (bottom 45%); a net margin of -7.4% against 6.4% before (bottom 45%) (its annual reports).