Saga (LON:SAGA) Releases Quarterly Earnings Results

Posted by Tristan Rich 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 (EPS) for the quarter, Digital Look Earnings reports. Saga had a negative net margin of 1.53% and a negative return on equity of 15.72%.

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 Trading Up 21.9%

Shares of SAGA stock opened at GBX 781.12 on Wednesday. The company has a debt-to-equity ratio of 934.58, a quick ratio of 0.67 and a current ratio of 1.35. Saga has a fifty-two week low of GBX 237 and a fifty-two week high of GBX 782. The stock has a 50 day simple moving average of GBX 652.95 and a two-hundred day simple moving average of GBX 596.52. The company has a market cap of £1.14 billion, a P/E ratio of 325.47, a PEG ratio of 1.22 and a beta of 2.02.

Insider Transactions at Saga

In other news, insider Mike Hazell acquired 276 shares of Saga stock in a transaction on Wednesday, July 15th. The stock was acquired at an average cost of GBX 652 per share, with a total value of £1,799.52. Also, insider Mark Watkins sold 30,205 shares of Saga stock in a transaction dated Friday, July 3rd. The shares were sold at an average price of GBX 670, for a total value of £202,373.50. 30.38% of the stock is owned by company insiders.

Key Saga News

Here are the key news stories impacting Saga this week:

Positive Sentiment: Berenberg raises target and maintains a Buy rating: Berenberg Bank lifted its price target for Saga from GBX 1,025 to GBX 1,130, implying further upside and reinforcing investor confidence in the turnaround. Saga Stock Price Target Raised at Berenberg Bank
Positive Sentiment: Shares reach a new 52-week high: The stock’s move to a new annual high follows the analyst upgrade and reflects improved market sentiment toward Saga’s recovery prospects. Saga Sets New 52-Week High After Analyst Upgrade
Positive Sentiment: Profit outlook strengthened: Saga reportedly expects a significant increase in annual profit, driven by strong demand across its cruise and insurance businesses. The company also said it is “significantly ahead” of its growth plans, suggesting its turnaround strategy is producing results. UK’s Saga Forecasts Annual Profit Jump Saga Significantly Ahead of Growth Plans

Analyst Ratings Changes

Several research firms recently issued reports on SAGA. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 795 price target on shares of Saga in a report on Friday, August 21st. Berenberg Bank increased their target price on Saga from GBX 1,025 to GBX 1,130 and gave the stock a “buy” rating in a report on Wednesday. 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 price target of GBX 962.50.

Get Our Latest Report on SAGA