LSE:SAGA (Saga plc)

About SAGA

Saga is a UK-based diversified business currently listed on the FTSE All-Share. It has operations within financial services, focusing on insurance and savings advice. Separately, it also has a travel arm offering cruise package holidays and other trips. Finally, it also makes money from paying subscribers to the Saga Magazine. This is published monthly, and including columnists such as Jeremy Paxman. The company focuses on the over 50s, with cross-selling opportunities between the products and services offered. For the past few years, the business has been profitable. Even during the difficult 2020, it managed to post an underlying profit before tax. This is in part due to the diversified nature of operations. It also benefits from the proportion of revenue being generated from the insurance arm.
  • Frequently Asked Questions

    Saga went public back in 2014, with an IPO price of 1,850p. Based on the current price, the stock has moved lower from the float price in 2014. The main drop came during 2018 and 2019.

    In 2019 and 2020, the company did pay out a dividend based on the previous years financial results. However, in April 2020 the decisions was taken to suspend dividend payments due to the impact of the pandemic. In a note on the financial report for 2021, “the Board does not expect to pay dividends until 2023 at the earliest, given the restrictions under current financing arrangements.” On the basis of that note, it’s highly unlikely that income will be paid out in the form of dividends this year.

    Saga plc (LSE: SAGA) Latest News

    Investing Articles

    Saga’s share price is rising. Should I buy the stock now?

    Since the beginning of November, Saga's share price has risen 180%. Edward Sheldon looks at whether he should buy the…

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    Investing Articles

    Saga shares are rising. Here’s what I’m doing

    Saga shares have been gaining momentum. But is this a buying opportunity? Here I’ll take a closer look at the…

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    Investing Articles

    Is the Saga share price making a comeback?

    The Saga share price has more than doubled recently following its new business strategy. Is it too late to buy?…

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    Investing Articles

    Why I think the Saga share price should keep climbing

    The Saga share price is up 65% in 2021. Roland Head looks at the latest numbers from the firm and…

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    Investing Articles

    The Saga share price is up almost 70% this year. Should I buy?

    Cruise and insurance specialist Saga is up nearly 70% this year. Christopher Ruane explains whether he will buy in to…

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    Investing Articles

    It’s time to buy Saga shares again!

    Are Saga shares are cruising in the right direction? Harshil Patel looks at this established travel and insurance business.

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    Risk reward ratio / risk management concept
    Investing Articles

    I was right about the Saga share price in 2020. Here’s what I’d do now

    The Saga share price has continued to increase in value over the past six months, and Rupert Hargreaves thinks it's…

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    happy senior couple using a laptop in their living room to look at their financial budgets
    Investing Articles

    The Saga share price: here’s what I’m doing now

    The Saga share price has doubled since November. Roland Head looks at the latest news from the firm and asks…

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    Investing Articles

    Will the Saga share price reach 500p in 2021?

    Can the Saga share price reach 500p in 2021? Christopher Ruane shares his view.

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    Investing Articles

    Does the Saga share price make the company a bargain?

    City analysts have pencilled in a three-figure-percentage rebound in earnings for the next trading year to January 2022. But should…

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    Road sign warning of a risk ahead
    Investing Articles

    4 things I think investors should know about the Saga share price

    The Saga share price has been hit hard, but does this mean it’s a bargain stock now? Nadia Yaqub investigates…

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    Investing Articles

    The Saga share price has surged 120% in 3 months! Should I buy the shares now?

    Is the Saga share price about to make a comeback in 2021? Zaven Boyrazian looks at what went wrong, and…

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