Added to YB: 2025-11-03
Pitch date: 2025-10-30
SGA [bullish]
Saga Communications, Inc.
-28.29%
current return
Author Info
Waterboy Stocks is a value investor sharing stock pitches on their blog. Sign up for the newsletter.
Company Info
Saga Communications, Inc., a media company, acquires, develops, and operates broadcast properties in the United States.
Market Cap
$53.1M
Pitch Price
$11.38
Price Target
N/A
Dividend
11.98%
EV/EBITDA
32.05
P/E
-6.03
EV/Sales
0.34
Sector
Media
Category
value
Saga Communications
SGA: Radio broadcaster w/ $78M mkt cap, 0.49x book value, 12.4% FCF yield, 8% div yield, $19.9M net cash. Gate City (13.4% owner) pressured mgmt on governance; company just sold 22 towers for $10.7M (13.4% of mkt cap) w/ 'significant' portion for buybacks. Rejected $181-199M bid in 2022.
Read full article (4 min)