Saga Communications, Inc.

Last price update: 22 Apr 24 23:00 GMT

Price:
$22.70
Open:
$23.00
Previous close:
$22.76
Day's range:
$22.70 - $23.41
Year's range:
$18.89 - $27.00
Net Income per Share:
1.55
Price-to-Earnings ratio:
14.65
52-week Price Range:
$22.98
Volume:
$7,536.00
Average volume:
$13,133.00

Company profile for Saga Communications, Inc.

Saga Communications, Inc. logo

Saga Communications, Inc. is a broadcast company that acquires, develops, and operates broadcast properties in the United States. Founded in 1986 and based in Grosse Pointe Farms, Michigan, the company currently operates a total of ninety-three FM, thirty-four AM radio stations, and seventy-nine metro signals in twenty-seven markets across the country. They feature a wide range of programming formats, from classic hits, adult hits and top 40 to country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk.

Since its founding, Saga Communications has grown significantly and continues to play a role in the broadcast landscape of the United States. As of 2021, the company owns a total of 153 radio stations across 37 states and operates over 400 signal frequencies in 105 markets. The company also holds a controlling interest in the American Spirit Media Network, one of the largest independent networks in the United States, which consists of 60 television stations across 34 markets. In addition, their portfolio also includes a network of nationwide digital assets, including over 200 digital properties, as well as country music streaming service Wolf Creek Radio. Furthermore, they are a leader in original audio content production and have rights to distribute four weekly podcasts. Saga Communications also operates an advertising agency, which works with clients to create customized campaigns and offers a range of creative services.

Stock exchanges:
NASDAQ
Sector:
Communication Services
Industries:
Broadcasting
Ticker:
SGA
CIK:
886136
ISIN:
US7865983008
Website:
https://www.sagacom.com
Phone:
313 886 7070
Origin:
United States
Employees:
570