Saga Communications Inc. Class A Common Stock (FL) (SGA)

FairStock Score: 40/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Saga as a Graham-style statistical bargain candidate, not a growth story. It owns AM/FM radio stations and related digital advertising, a business whose results have been uneven. In fiscal 2025, the year ended 2025-12-31, the filed figures show revenue of $107.1 million, net income of -$7.9 million, and diluted EPS of -$1.22, after fiscal 2024 net income of $3.5 million and EPS of $0.55. The latest fiscal Q2 2026, the quarter ended 2026-06-30, showed revenue of $26.4 million, net income of $960,000, and diluted EPS of $0.15, so there is some recent stabilization, but fiscal Q1 2026 lost $2.4 million and trailing twelve-month free cash flow is -$1.0 million. The balance sheet looks conservative, with debt-to-equity of 0.07; FairStock's Piotroski F-Score of 5/9 and Altman Z-Score of 1.70 suggest neither distress nor strength. At the 2026-10-26 close of $8.20, FairStock's P/B is 0.35 and P/E is -5.94, while the stated dividend yield is 11.25% and FairStock's FCF yield is -1.9%. The computed Lynch category is TURNAROUND — loss in the latest year after earlier profits — which fits: a cheap asset base but no demonstrated durable earnings recovery. I see no clear moat in the supplied numbers. I would want evidence of sustained positive free cash flow and revenue stabilization before calling this a margin-of-safety bargain.

In plain English: Saga Communications owns and operates radio stations and sells radio and digital advertising. The business looks weak right now: it lost money in fiscal 2025 (the year ended 2025-12-31), it is not producing positive spare cash, and it has had losses in recent periods, though debt is low and the latest quarter was slightly profitable. At the 2026-10-26 close of $8.20, the price looks cheap compared with the value of its assets on the books, but current losses keep it from being a clear bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer