SAGA COMMUNICATIONS INC
SGA · Radio Broadcasting Stations · 6.4M shares · +1%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$2K (gross $20K, SBC $22K)
Reference price $12.07 · est. market cap ~$77M — last insider sale, 2026-02-25 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D52gen composite 49pct→67; net + operating loss
Notable findings
- No interest coverageInterest coverage -25.45 (cannot cover interest)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -7.4%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Notable holderHeld by 3 notable fund(s): RENAISSANCE TECHNOLOGIES LLC, STATE STREET CORP, GOLDMAN SACHS GROUP INC (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
-10.3%
Net margin
-7.4%
Return on equity
-5.2%
Return on assets
-3.9%
ROIC
-5.6%
Revenue growth (QoQ)
-5.6%
Debt / equity
0.0×
Interest coverage
-25.4×
Current ratio
3.0×
Free cash flow
$2M
EBITDA
-$6M
Tangible book value
$151M
Cash & investments
$32M
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| FORGY CHRISTOPHER | PRESIDENT & CEO | — |
| BOBINSKI CATHERINE A | SVP, CHIEF ACCOUNTING OFFICER | — |
| Christopher S. ForgyPresident andChief Executive Officer | Officer | $1M FY2025 |
| Leland Wayne | CHIEF OPERATING OFFICER | — |
| Samuel D. BushExecutive | Chief Financial Officer and Treasurer | $619K FY2025 |
| Wayne LelandChief Operating Officer | Officer | $461K FY2025 |
| Clarke R. Brown | Director | $141K FY2025 |
| Clarke Timothy J. | Director | — |
| Gregory Sutherland | Director | $31K FY2025 |
| Marcia K. Lobaito | Director | $26K FY2025 |
| Michael Scafidi | Director | $83K FY2025 |
| Michael W. Schechter | Director | $140K FY2025 |
| Roy F. Coppedge III | Director | $141K FY2025 |
| Warren S. Lada | Director | $141K FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-02-25 | Edward K. Christian Trust | Sell | 5.7K | $12.07 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-02 | Shareholder voteExhibits | filing ↗ |
| 2026-05-07 | OtherExhibits | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-04-15 | Exec/director changeExhibits | filing ↗ |
| 2026-03-12 | ResultsExhibits | filing ↗ |
| 2026-02-13 | Exec/director changeExhibits | filing ↗ |
| 2026-02-12 | OtherExhibits | filing ↗ |
| 2025-12-15 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-02 | 2026-06-01 | 0001104659-26-069446 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001104659-26-057921 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001104659-26-056763 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001104659-26-056765 ↗ |
| DEF 14A | 2026-04-20 | 2026-06-01 | 0001140361-26-015641 ↗ |
| 8-K | 2026-04-15 | 2026-04-15 | 0001104659-26-043774 ↗ |
| 10-K | 2026-04-14 | 2025-12-31 | 0001104659-26-043166 ↗ |
| 8-K | 2026-03-12 | 2026-03-12 | 0001104659-26-026792 ↗ |
| 8-K | 2026-02-13 | 2026-02-13 | 0001104659-26-015217 ↗ |
| 8-K | 2026-02-12 | 2026-02-12 | 0001104659-26-014008 ↗ |
| 8-K | 2025-12-15 | 2025-12-12 | 0001104659-25-121212 ↗ |
| 8-K | 2025-11-13 | 2025-11-13 | 0001104659-25-110952 ↗ |