NASDAQ:SALM

Salem Media Group (SALM) Stock Price, News & Analysis

$0.32
-0.04 (-11.26%)
(As of 04/25/2024 ET)
Today's Range
$0.32
$0.35
50-Day Range
$0.30
$0.42
52-Week Range
$0.24
$1.08
Volume
31,845 shs
Average Volume
172,545 shs
Market Capitalization
$8.58 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
SALM stock logo

About Salem Media Group Stock (NASDAQ:SALM)

Salem Media Group, Inc. operates as a multimedia company in the United States. It operates through three segments: Broadcast, Digital Media, and Publishing. The company owns and operates 33 FM radio stations and 70 radio stations; offers programs on the Family Talk Christian-themed talk format station on SiriusXM Channel 131; provides programming to Christian and family-themed talk stations, music stations, and news talk stations; places advertising on Christian and talk formatted radio stations, and other commercial radio station formats; and operates Salem Podcast Network, a platform for conservative, political, news, and family-oriented podcasts. It also provides Christian, conservative, investing content, e-commerce, audio and video streaming, and other resources digitally through BibleStudyTools.com, Crosswalk.com, Christianity.com, iBelieve.com, GodTube.com, OnePlace com, GodUpdates.com, CrossCards.com, ChristianHeadlines.com, LightSource.com, CCMmagazine.com,Townhall.com, RedState.com, pjmedia.com, Twitchy.com, HotAir.com, BearingArms.com, as well as mobile applications. In addition, the company publishes digital newsletters, market analysis and non-individualized investment strategies; and operates SermonSearch.com, ChurchStaffing.com, WorshipHouseMedia.com, SermonSpice.com, WorshipHouseKids.com, Preaching.com, ChristianJobs.com, ShiftWorship.com, JourneyBoxMedia.com, Playblackmedia.com, and HyperPixelsMedia.com. Further, it offers publication of conservative, Christian, and history books; Xulon Press, a print-on-demand self-publishing service; and Mill City Press that publishes books, as well as provides digital marketing service. The company was founded in 1974 and is based in Irving, Texas.

SALM Stock Price History

SALM Stock News Headlines

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AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
AI finds its first serious application
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Salem recovering from flooding
Salem Media Group (NASDAQ: SALM)
Salem Media Group releases 2023 Annual Report
Salem Podcast Network Signs Lara Trump
See More Headlines
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Company Calendar

Last Earnings
8/04/2021
Today
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:SALM
CUSIP
79409310
Employees
1,436
Year Founded
1986

Profitability

Net Income
$-3,240,000.00
Pretax Margin
-21.61%

Debt

Sales & Book Value

Annual Sales
$266.97 million
Cash Flow
$0.54 per share
Book Value
$6.44 per share

Miscellaneous

Free Float
12,353,000
Market Cap
$8.58 million
Optionable
Not Optionable
Beta
0.84

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Key Executives


SALM Stock Analysis - Frequently Asked Questions

How have SALM shares performed in 2024?

Salem Media Group's stock was trading at $0.39 at the start of the year. Since then, SALM stock has decreased by 19.2% and is now trading at $0.3151.
View the best growth stocks for 2024 here
.

How were Salem Media Group's earnings last quarter?

Salem Media Group, Inc. (NASDAQ:SALM) posted its earnings results on Wednesday, August, 4th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.09. The business had revenue of $63.78 million for the quarter, compared to analyst estimates of $60.19 million. Salem Media Group had a negative trailing twelve-month return on equity of 8.47% and a negative net margin of 17.49%.

What is Edward G. Atsinger III's approval rating as Salem Media Group's CEO?

247 employees have rated Salem Media Group Chief Executive Officer Edward G. Atsinger III on Glassdoor.com. Edward G. Atsinger III has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Salem Media Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Salem Media Group investors own include Sirius XM (SIRI), Trevena (TRVN), OPKO Health (OPK), Advanced Micro Devices (AMD), CTI BioPharma (CTIC), TherapeuticsMD (TXMD), Arbutus Biopharma (ABUS), Adamis Pharmaceuticals (ADMP), Biocept (BIOC).

How do I buy shares of Salem Media Group?

Shares of SALM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SALM) was last updated on 4/25/2024 by MarketBeat.com Staff

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