Noble Financial analyst Michael Kupinski maintained a Buy rating on Saga Communications (SGA – Research Report) today and set a price target of $27.00. The company’s shares closed yesterday at $24.30.
Kupinski covers the Communication Services sector, focusing on stocks such as Salem Communications, Cumulus Media, and E. W. Scripps Company Class A. According to TipRanks, Kupinski has an average return of 12.3% and a 39.39% success rate on recommended stocks.
Saga Communications has an analyst consensus of Moderate Buy, with a price target consensus of $27.00.
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Based on Saga Communications’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $29.15 million and a net profit of $2.73 million. In comparison, last year the company earned a revenue of $29.98 million and had a GAAP net loss of $104 thousand
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Saga Communications (SGA) Company Description:
Saga Communications, Inc. operates as a broadcasting company, which engages in the acquisition, development, and operation of broadcast properties. The company was founded by Edward K. Christian in 1986 and is headquartered in Grosse Pointe Farms, MI.
Read More on SGA:
- Saga Communications, Inc. Announces Variable Dividend Declaration and Reports 4th Quarter and Year End 2023 Results
- Is SGA a Buy, Before Earnings?
- Saga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2023 Earnings Release and Conference Call
- Saga Communications Expands with Six-Station Acquisition
- Saga Communications agrees to assets from Neuhoff Communications
