Saga Communications, Inc. (Nasdaq:SGA) acquires, develops, and operates broadcast properties, usually radio stations, in the United States. Their strategy is to operate top billing radio stations in mid-sized markets. They have a decentralized local management structure in order for the radio stations to speak to their market more effectively.
Comps: Cumulus Media Inc. (Nasdaq:CMLS), Townsquare Media, Inc. (NYSE:TSQ)
When comparing Saga Communications to Cumulus Media and Townsquare Media, they have higher profit margins and lower debt to equity than both. Furthermore, they display higher earnings per share than Townsquare Media. Additionally, Saga Communications had greater growth year over year than Cumulus Media.