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

    The Saga share price is up 30%! Should I buy or sell?

    After rising 30% in the past few weeks, I think the Saga share price still looks like a value investment…

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    Investing Articles

    Will Cineworld and Saga shares recover in 2021?

    Is the Cineworld or Saga share price most likely to rise in 2021? Roland Head concludes that only one of…

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    Investing Articles

    The Saga share price has jumped 100%! I’m still a buyer

    Investors have been rushing to buy back in to the Saga share price. I think this could be just the…

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    Investing Articles

    The Saga share price has doubled. Should I still buy?

    The Saga share price is bouncing back on hopes that Covid-19 vaccines will rescue the holiday industry. Roland Head explains…

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    Investing Articles

    Will the 300p Saga share price ever return to £8?

    Investors have been rushing to buy the Saga share price. I think this could be just the start of a…

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    Investing Articles

    Saga shares are surging. Here’s what I’d do next

    Recent vaccine news helped Saga shares in November. After the share price doubled, have I missed the boat?

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    Investing Articles

    2 cheap shares in the travel sector I’d consider before it’s too late

    We could get an economic recovery next year. I’d consider these cheap shares in the unloved travel sector.

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    Investing Articles

    Can the Saga share price ever recover?

    The Saga share price may continue to fall if sales and profits don't pick up next year, but it could…

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    Investing Articles

    Why the Saga share price is up 1,300% today

    Why did the Saga share price just skyrocket by over 1,000%? Tom Rodgers explains what happened to the luxury over-50s…

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    Investing Articles

    Avoiding Saga shares was the right move. Here’s what I’d do now

    The last time Edward Sheldon covered Saga shares, he said the best move was to avoid them. That was the…

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    Investing Articles

    Here’s what I’d do about the Saga share price right now

    The Saga share price looks attractive, but investors should use caution when evaluating the group's long-term prospects, says this Fool.

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    Investing Articles

    £2k to invest in UK shares? One stock I’d buy today, and one I’d ignore

    These two UK shares have had different fortunes over the past five years. One of them is a dirt-cheap turnaround,…

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