Saga (LON:SAGA) Issues Quarterly Earnings Results

Posted by Danessa Lincoln on Sep 30th, 2026

Saga (LON:SAGA – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported GBX 20.50 earnings per share for the quarter, Digital Look Earnings reports. Saga had a net margin of 3.25% and a return on equity of 23.50%.

Here are the key takeaways from Saga’s conference call:

Strong first-half performance: Underlying revenue rose 14% to £366 million, while underlying profit before tax nearly doubled to £46.6 million, driven by growth across travel and insurance.
Saga raised full-year underlying profit guidance to £65 million–£70 million, versus £44 million last year, and said it now expects to reach its medium-term targets of £100 million profit and leverage below two times ahead of January 2030.
Ocean Cruise remained the main growth engine, with profit before tax up 38%, per diems up 13% and strong forward bookings supporting continued pricing power; group net debt fell to £429.1 million and leverage improved to 2.7 times.
The insurance transformation is gaining traction, with Insurance Broking profit before tax up 75%, policies in force up 5% and lower operating costs expected as the Ageas partnership and simpler operating model mature.
Management flagged risks from low river levels, which are expected to reduce full-year River Cruise profit, and Middle East disruption affecting the Holidays business; Ageas-related exceptional costs will also continue next year, albeit at a lower level.

Saga Stock Down 2.6%

Saga stock traded down GBX 20 during trading hours on Friday, hitting GBX 761. The company had a trading volume of 573,875 shares, compared to its average volume of 3,001,886. Saga has a fifty-two week low of GBX 237 and a fifty-two week high of GBX 797. The company has a debt-to-equity ratio of 503.16, a current ratio of 0.91 and a quick ratio of 0.67. The firm has a market capitalization of £1.11 billion, a P/E ratio of 317.08, a price-to-earnings-growth ratio of 1.22 and a beta of 2.02. The firm’s fifty day moving average is GBX 660.47 and its 200-day moving average is GBX 602.19.

Analysts Set New Price Targets

Several research analysts have recently weighed in on SAGA shares. Berenberg Bank lifted their target price on shares of Saga from GBX 1,025 to GBX 1,130 and gave the stock a “buy” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Saga from GBX 795 to GBX 855 and gave the stock a “buy” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 992.50.

Get Our Latest Report on Saga

Insiders Place Their Bets

In other news, insider Mike Hazell acquired 276 shares of the business’s stock in a transaction that occurred on Wednesday, July 15th. The stock was acquired at an average cost of GBX 652 per share, for a total transaction of £1,799.52. Also, insider Mark Watkins bought 276 shares of the stock in a transaction on Wednesday, July 15th. The stock was purchased at an average price of GBX 652 per share, for a total transaction of £1,799.52. Corporate insiders own 30.38% of the company’s stock.