Saga Communications

Saga Communications, Inc. is a broadcast company whose business is primarily devoted to acquiring, developing and operating radio stations, television stations and state radio networks. Saga currently owns or operates broadcast properties in 25 markets, including 62 FM and 30 AM radio stations, a state radio network, 2 farm radio networks, 4 television stations and 4 low power television stations. Saga's strategy is to operate top billing radio and television stations in mid sized markets, defined as markets ranked (by market revenues) from 20 to 200. Saga's radio stations employ a myriad of programming formats, including Classic Hits, Adult Contemporary, Active Rock, Oldies, News/Talk, Country and Classical. Saga's television stations are affiliated with CBS and Fox in Joplin, MO; ABC, Fox, NBC, Telemundo and Univision in Victoria, TX. In operating its stations, Saga concentrates on the development of strong decentralized local management, which is responsible for the day-to-day operations of the stations in their market area and is compensated based on their financial performance as well as other performance factors that are deemed to effect the long-term ability of the stations to achieve financial objectives. Saga began operations in 1986 and became a publicly traded company in December 1992. The stock trades on the NYSE MKT under the ticker symbol "SGA".
Company Growth (employees)
Grosse Pointe Farms, US
Size (employees)
783 (est)-1%
Saga Communications was founded in 1986 and is headquartered in Grosse Pointe Farms, US

Saga Communications Office Locations

Saga Communications has an office in Grosse Pointe Farms
Grosse Pointe Farms, US (HQ)
201 73 Kercheval Ave

Saga Communications Metrics

Saga Communications Financial Metrics

Revenue (2015)

$132.9 m

Revenue growth (2014-15), %


Net income (2015)

$13.4 m

Market capitalization (21-Mar-2017)

$294.2 m

Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

$26.6 m
Saga Communications's current market capitalization is $294.2 m.
Saga Communications's revenue was reported to be $132.9 m in FY, 2015 which is a 0.9% decrease from the previous period.
FY, 2013FY, 2014FY, 2015


$129.5 m$134 m$132.9 m

Revenue growth, %


Operating expense total

$103.2 m$108.1 m$108.8 m


$26.3 m$25.9 m$24.1 m

EBIT margin, %


Net Income

$15.3 m$14.9 m$13.4 m
FY, 2013FY, 2014FY, 2015FY, 2016


$17.6 m$17.9 m$21.6 m$26.6 m

Accounts Receivable


$2.4 m$3 m$2.6 m$3 m

Current Assets

$42.1 m$43.6 m$47.9 m$53.8 m


$326 k$2.9 m$7.4 m

Total Assets

$193.2 m$192 m$204.6 m$221 m

Accounts Payable

$2 m$2.1 m$2.8 m$2.4 m

Total Debt

$46.1 m$36.4 m

Current Liabilities

$14 m$13 m$14.3 m$16 m

Common Stock

$64 k$64 k$66 k$66 k

Additional Paid-in Capital

$51.5 m$52.5 m$57.5 m$59.6 m

Retained Earnings

$86.7 m$91.2 m$98.2 m$108.7 m

Total Equity

$109.7 m$122.8 m$135 m

Debt to Equity Ratio

0.4 x0.3 x

Debt to Assets Ratio

0.2 x0.2 x

Financial Leverage

1.8 x1.7 x1.6 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$15.3 m$14.9 m$13.4 m$18.2 m

Depreciation and Amortization

$6.8 m$6.7 m$6.8 m$7.3 m

Accounts Receivable


Accounts Payable

Cash From Operating Activities

$26.7 m$25.4 m$28.5 m$29.3 m

Purchases of PP&E

($5.2 m)($5.5 m)($5.5 m)($4.9 m)

Cash From Investing Activities

($1.8 m)($4.7 m)($17.1 m)($15.9 m)

Long-term Borrowings

($12.8 m)($10 m)($35 m)

Dividends Paid

($10.3 m)($10.4 m)($6.4 m)($7.6 m)

Cash From Financing Activities

($23.2 m)($20.4 m)($7.7 m)($8.4 m)

Saga Communications Market Value History

Saga Communications Online Presence

Saga Communications Company Life

You may also be interested in