Salem Media Group Company Profile (NASDAQ:SALM)

About Salem Media Group (NASDAQ:SALM)

Salem Media Group logoSalem Media Group, Inc., formerly Salem Communications Corporation, is a multi-media company specializing in Christian and Conservative content, with media properties consisting of radio broadcasting, digital media, and book, magazine and newsletter publishing. The Company operates through three segments: Broadcast, Digital Media and Publishing. The Company's broadcasting segment is engaged in the ownership and operation of radio stations in metropolitan markets. The Company's radio stations carry national and local programming content, as well as national and local advertisers. The Company's Digital Media segment focuses on Web-based platform designed for audiences interested in Christian and family-themed content and conservative news. The Company's publishing segment consists of Regnery Publishing, Xulon Press and Salem Publishing. The Company owns and operates approximately 116 radio stations in over 40 markets.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Radio Broadcasting
  • Sub-Industry: Broadcasting
  • Symbol: NASDAQ:SALM
  • CUSIP: 79409310
  • Web:
  • Market Cap: $167.15 million
  • Outstanding Shares: 26,118,000
Average Prices:
  • 50 Day Moving Avg: $6.46
  • 200 Day Moving Avg: $7.02
  • 52 Week Range: $5.00 - $8.25
  • Trailing P/E Ratio: 22.15
  • Foreward P/E Ratio: 12.16
  • P/E Growth: 3.63
Sales & Book Value:
  • Annual Revenue: $273.06 million
  • Price / Sales: 0.59
  • Book Value: $8.22 per share
  • Price / Book: 0.75
  • Annual Dividend: $0.26
  • Dividend Yield: 4.1%
  • EBIDTA: $46.09 million
  • Net Margins: 2.75%
  • Return on Equity: 6.26%
  • Return on Assets: 2.28%
  • Debt-to-Equity Ratio: 1.16%
  • Current Ratio: 0.98%
  • Quick Ratio: 0.96%
  • Average Volume: 33,172 shs.
  • Beta: 1.19
  • Short Ratio: 6.89

Frequently Asked Questions for Salem Media Group (NASDAQ:SALM)

What is Salem Media Group's stock symbol?

Salem Media Group trades on the NASDAQ under the ticker symbol "SALM."

How often does Salem Media Group pay dividends? What is the dividend yield for Salem Media Group?

Salem Media Group declared a quarterly dividend on Wednesday, September 13th. Stockholders of record on Friday, September 22nd will be paid a dividend of $0.065 per share on Friday, September 29th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date is Thursday, September 21st. View Salem Media Group's Dividend History.

How were Salem Media Group's earnings last quarter?

Salem Media Group, Inc. (NASDAQ:SALM) announced its earnings results on Monday, August, 7th. The company reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.03. The business earned $66.11 million during the quarter, compared to analyst estimates of $67.47 million. Salem Media Group had a return on equity of 6.26% and a net margin of 2.75%. View Salem Media Group's Earnings History.

When will Salem Media Group make its next earnings announcement?

Salem Media Group is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Salem Media Group.

Who are some of Salem Media Group's key competitors?

Who are Salem Media Group's key executives?

Salem Media Group's management team includes the folowing people:

  • Stuart W. Epperson Sr., Chairman of the Board
  • Edward G. Atsinger III, Chief Executive Officer, Director
  • Evan D. Masyr, Chief Financial Officer, Executive Vice President
  • Greg R. Anderson, President - Salem Radio Network
  • David A. R. Evans, President - New Media
  • David P. Santrella, President - Broadcast Media
  • Christopher J. Henderson, Senior Vice President - Legal and Human Resources, General Counsel, Secretary
  • Michael Mann, Director - Sales Strategy, Broadcast Media
  • David Davenport, Independent Director
  • Roland S. Hinz, Independent Director

Who owns Salem Media Group stock?

Salem Media Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include GAMCO INVESTORS, INC. ET AL (11.03%), Dimensional Fund Advisors LP (4.23%), Gamco Investors INC. ET AL (3.96%), Teton Advisors Inc. (2.38%), Neuberger Berman Group LLC (1.51%) and Vanguard Group Inc. (1.15%). Company insiders that own Salem Media Group stock include Christopher J Henderson, David Evans, David P Santrella, Edward G Atsinger III, Eric H Halvorson and Evan D Masyr. View Institutional Ownership Trends for Salem Media Group.

Who sold Salem Media Group stock? Who is selling Salem Media Group stock?

Salem Media Group's stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Goldman Sachs Group Inc., Vanguard Group Inc., Gamco Investors INC. ET AL, Municipal Employees Retirement System of Michigan, Bank of New York Mellon Corp, California State Teachers Retirement System and Citigroup Inc.. Company insiders that have sold Salem Media Group stock in the last year include Christopher J Henderson, David Evans, Edward G Atsinger III and Evan D Masyr. View Insider Buying and Selling for Salem Media Group.

Who bought Salem Media Group stock? Who is buying Salem Media Group stock?

Salem Media Group's stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., FMR LLC, Nationwide Fund Advisors, Dimensional Fund Advisors LP, State Street Corp, Teachers Advisors LLC, TIAA CREF Investment Management LLC and Northern Trust Corp. View Insider Buying and Selling for Salem Media Group.

How do I buy Salem Media Group stock?

Shares of Salem Media Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Salem Media Group's stock price today?

One share of Salem Media Group stock can currently be purchased for approximately $6.20.

MarketBeat Community Rating for Salem Media Group (NASDAQ SALM)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  86 (Vote Outperform)
Underperform Votes:  71 (Vote Underperform)
Total Votes:  157
MarketBeat's community ratings are surveys of what our community members think about Salem Media Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Salem Media Group (NASDAQ:SALM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: N/A

Analysts' Ratings History for Salem Media Group (NASDAQ:SALM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/8/2017Noble FinancialReiterated RatingBuyLowView Rating Details
(Data available from 9/20/2015 forward)


Earnings History for Salem Media Group (NASDAQ:SALM)
Earnings by Quarter for Salem Media Group (NASDAQ:SALM)
Earnings History by Quarter for Salem Media Group (NASDAQ SALM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.13N/AView Earnings Details
8/7/2017Q2 2017$0.07$0.10$67.47 million$66.11 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.08$0.04$65.27 million$64.98 millionViewListenView Earnings Details
11/7/2016Q316$0.12$0.08$68.78 million$71.30 millionViewListenView Earnings Details
5/4/2016Q116$0.03$0.01$63.43 million$64.60 millionViewN/AView Earnings Details
3/9/2016Q415$0.02$0.20$66.95 million$69.10 millionViewN/AView Earnings Details
11/9/2015Q315$0.10$0.08$66.60 million$67.49 millionViewN/AView Earnings Details
8/5/2015Q215$0.04$0.14$66.35 million$67.30 millionViewN/AView Earnings Details
5/6/2015Q115($0.01)$0.02$61.06 million$61.90 millionViewN/AView Earnings Details
3/10/2015Q414$0.15$0.01$66.60 million$65.90 millionViewN/AView Earnings Details
11/6/2014$0.13$0.15$64.77 million$69.60 millionViewN/AView Earnings Details
5/6/2014$0.16$0.01$62.33 millionViewN/AView Earnings Details
11/5/2013Q313$0.12$0.21$57.41 million$58.50 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.13$0.20$59.30 million$60.10 millionViewN/AView Earnings Details
11/8/2012Q312$0.09$0.13$57.12 million$56.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Salem Media Group (NASDAQ:SALM)
Current Year EPS Consensus Estimate: $0.3 EPS
Next Year EPS Consensus Estimate: $0.51 EPS


Current Dividend Information for Salem Media Group (NASDAQ:SALM)
Next Dividend:9/29/2017
Annual Dividend:$0.26
Dividend Yield:4.19%
Payout Ratio:92.86% (Trailing 12 Months of Earnings)
86.67% (Based on This Year's Estimates)
50.98% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Salem Media Group (NASDAQ:SALM)

Dividend History by Quarter for Salem Media Group (NASDAQ SALM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Salem Media Group (NASDAQ:SALM)
Insider Ownership Percentage: 60.04%
Institutional Ownership Percentage: 30.51%
Insider Trades by Quarter for Salem Media Group (NASDAQ:SALM)
Institutional Ownership by Quarter for Salem Media Group (NASDAQ:SALM)
Insider Trades by Quarter for Salem Media Group (NASDAQ:SALM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/25/2017Edward G Atsinger IIICEOSell483$7.45$3,598.35View SEC Filing  
6/28/2017Christopher J HendersonSVPSell108$7.50$810.00View SEC Filing  
6/28/2017Edward G Atsinger IIICEOSell3,528$7.45$26,283.60View SEC Filing  
6/13/2017Christopher J. HendersonSVPSell5,215$7.40$38,591.00View SEC Filing  
6/12/2017Edward G Atsinger IIICEOSell10,270$7.31$75,073.70View SEC Filing  
6/2/2017Edward G Atsinger IIICEOSell17,979$7.06$126,931.74View SEC Filing  
5/25/2017Christopher J HendersonSVPSell3,296$6.94$22,874.24View SEC Filing  
5/25/2017David EvansInsiderSell4,910$6.94$34,075.40View SEC Filing  
5/25/2017Evan D MasyrCFOSell3,305$6.94$22,936.70View SEC Filing  
5/10/2017David EvansInsiderSell3,251$7.75$25,195.25View SEC Filing  
4/4/2017David EvansInsiderSell97$7.75$751.75View SEC Filing  
3/30/2017David EvansInsiderSell11,893$7.53$89,554.29View SEC Filing  
3/21/2017David EvansInsiderSell2,255$7.50$16,912.50View SEC Filing  
7/12/2016David P SantrellaInsiderSell827$8.03$6,640.81View SEC Filing  
7/11/2016David P SantrellaInsiderSell39,173$8.01$313,775.73View SEC Filing  
7/5/2016David EvansInsiderSell34,996$7.35$257,220.60View SEC Filing  
7/5/2016Evan D MasyrCFOSell78,000$7.55$588,900.00View SEC Filing  
6/3/2016David EvansInsiderSell12,558$6.90$86,650.20View SEC Filing  
5/27/2016David EvansInsiderSell9,847$6.75$66,467.25View SEC Filing  
5/19/2016Eric H HalvorsonDirectorBuy3,000$6.47$19,410.00View SEC Filing  
8/11/2015Eric H HalvorsonDirectorBuy5,000$6.26$31,300.00View SEC Filing  
11/19/2014Christopher J HendersonSVPSell7,000$8.00$56,000.00View SEC Filing  
11/12/2014David P SantrellaInsiderSell7,316$8.00$58,528.00View SEC Filing  
11/11/2014David P SantrellaInsiderSell1,434$8.01$11,486.34View SEC Filing  
11/10/2014Greg AndersonInsiderSell5,000$8.00$40,000.00View SEC Filing  
7/1/2014Christopher J HendersonSVPSell8,750$9.50$83,125.00View SEC Filing  
6/9/2014Edward G Atsinger IIICEOSell73,758$8.60$634,318.80View SEC Filing  
5/29/2014Edward G Atsinger IIICEOSell6,190$8.63$53,419.70View SEC Filing  
3/19/2014Christopher HendersonSVPSell10,555$10.02$105,761.10View SEC Filing  
3/18/2014Francis WrightCOOBuy2,310$9.86$22,776.60View SEC Filing  
3/17/2014Francis WrightCOOBuy5,000$10.00$50,000.00View SEC Filing  
3/14/2014Christopher HendersonSVPSell2,445$10.00$24,450.00View SEC Filing  
3/14/2014David EvansInsiderSell1,405$10.00$14,050.00View SEC Filing  
3/11/2014Francis WrightCOOBuy2,500$9.48$23,700.00View SEC Filing  
3/11/2014Greg AndersonInsiderSell11,750$9.52$111,860.00View SEC Filing  
3/7/2014Greg AndersonInsiderSell8,333$9.43$78,580.19View SEC Filing  
12/23/2013Christopher HendersonSVPSell6,700$9.50$63,650.00View SEC Filing  
12/23/2013David EvansInsiderSell2,235$9.50$21,232.50View SEC Filing  
12/16/2013David EvansInsiderSell2,381$9.25$22,024.25View SEC Filing  
11/29/2013Roland HinzDirectorSell6,655$9.00$59,895.00View SEC Filing  
11/25/2013David EvansInsiderSell11,780$8.96$105,548.80View SEC Filing  
11/11/2013David SantrellaInsiderSell20,750$8.82$183,015.00View SEC Filing  
11/7/2013David EvansInsiderSell13,225$8.81$116,512.25View SEC Filing  
11/6/2013Christopher HendersonSVPSell6,943$8.72$60,542.96View SEC Filing  
10/22/2013Christopher J HendersonSVPSell1,218$8.50$10,353.00View SEC Filing  
9/24/2013Christopher HendersonSVPSell5,730$8.50$48,705.00View SEC Filing  
9/17/2013Christopher HendersonSVPSell15,000$8.25$123,750.00View SEC Filing  
9/17/2013David EvansInsiderSell1,225$8.25$10,106.25View SEC Filing  
8/26/2013Greg AndersonInsiderSell3,970$8.02$31,839.40View SEC Filing  
8/8/2013Christopher HendersonSVPSell1,157$8.01$9,267.57View SEC Filing  
7/2/2013Christopher J HendersonSVPSell5,000$8.00$40,000.00View SEC Filing  
5/24/2013Christopher J HendersonSVPSell3,000$7.75$23,250.00View SEC Filing  
5/24/2013Greg AndersonInsiderSell19,584$7.69$150,600.96View SEC Filing  
5/15/2013Christopher J HendersonSVPSell2,000$7.44$14,880.00View SEC Filing  
5/14/2013Evan D MasyrCFOSell1,282$7.54$9,666.28View SEC Filing  
5/13/2013David P SantrellaInsiderSell1,230$7.55$9,286.50View SEC Filing  
1/17/2013David P SantrellaInsiderSell3,063$5.50$16,846.50View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Salem Media Group (NASDAQ:SALM)
Latest Headlines for Salem Media Group (NASDAQ:SALM)
DateHeadline logoSalem Media Group (SALM) Declares $0.0650 Quarterly Dividend; 4.1% Yield - September 14 at 9:38 AM logoSalem Media Group, Inc. (SALM) to Issue Quarterly Dividend of $0.07 - September 13 at 6:42 PM logoSalem Media Group (SALM) Reports Acquisition of Intelligence Report Investment Newsletter - September 7 at 8:39 AM logoSalem Media Group Announces Acquisition of the Intelligence Report Investment Newsletter - September 6 at 7:59 AM logoIs Salem Media (SALM) a Great Pick for Value Investors? - September 6 at 7:59 AM logoValuEngine Downgrades Salem Media Group, Inc. (SALM) to Hold - September 2 at 3:44 PM logoETFs with exposure to Salem Media Group, Inc. : August 30, 2017 - August 30 at 8:56 AM logoSalem Media Group, Inc. :SALM-US: Earnings Analysis: Q2, 2017 By the Numbers : August 23, 2017 - August 24 at 12:24 PM logoSee what the IHS Markit Score report has to say about Salem Media Group Inc. - August 18 at 2:25 AM logoSalem Media Group (SALM) Presents At Gabelli & Company Broadcasting Symposium - Slideshow - August 16 at 9:24 PM logoSue Garrett Appointed General Manager for Salem Media Group in Omaha - August 16 at 9:24 PM logoSalem Media: An Investment In God And Trump - August 15 at 3:33 PM logoSalem Media Group, Inc. (NASDAQ:SALM) Stock Rating Lowered by Zacks Investment Research - August 13 at 11:06 PM logoFinancial Contrast: Pandora Media (P) and Salem Media Group (SALM) - August 13 at 6:08 AM logoEdited Transcript of SALM earnings conference call or presentation 7-Aug-17 9:00pm GMT - August 9 at 7:10 AM logoSalem Media Group, Inc. (SALM) Issues Quarterly Earnings Results - August 8 at 11:14 AM logoInvestor Network: Salem Media Group, Inc. to Host Earnings Call - August 7 at 3:16 PM logoREPEAT/Gabelli & Company’s Broadcasting Symposium - August 2 at 7:29 AM logoSalem Media Group Schedules Second Quarter 2017 Earnings Release and Teleconference - July 28 at 7:36 AM logoAfter Hours: Sacramento Metro Chamber Power Lunch - July 26 at 7:03 AM logoContrasting Salem Media Group (SALM) & Pandora Media (P) - July 20 at 10:16 PM logoGabelli & Company’s Broadcasting Symposium - July 20 at 7:29 AM logoSalem Media Group Announces Acquisition of TradersCrux - July 13 at 9:02 AM logoSalem Media Group, Inc. (NASDAQ:SALM) Rating Increased to Hold at Zacks Investment Research - July 12 at 12:54 PM logoSalem Media Group to Broadcast from the White House - July 12 at 7:37 AM logoHead to Head Contrast: Salem Media Group (NASDAQ:SALM) vs. Entercom Communications Corporation (ETM) - July 10 at 7:47 AM logoSalem Media Group Certified as a Great Place to Work - July 4 at 7:08 AM logoSalem Media Group Appoints Val Carolin to General Manager in Greenville, S.C. - June 30 at 6:27 AM logoSalem Media Group, Inc. (SALM) CEO Sells $26,283.60 in Stock - June 29 at 4:28 PM logoValuEngine Upgrades Salem Media Group, Inc. (SALM) to Buy - June 20 at 11:06 PM logoCritical Survey: Cumulus Media (CMLS) and Salem Media Group (SALM) - June 18 at 12:28 PM logoSalem Media Group, Inc. : SALM-US: Dividend Analysis : June 16th, 2017 (record date) : By the numbers : June 16, 2017 - June 16 at 3:51 PM logoInsider Selling: Salem Media Group, Inc. (SALM) SVP Sells 5,215 Shares of Stock - June 13 at 8:40 PM logoSalem Media Group, Inc. (SALM) CEO Sells $75,073.70 in Stock - June 13 at 8:38 PM logoCumulus Media (CMLS) vs. Salem Media Group (SALM) Financial Review - June 9 at 4:08 PM logoSalem Media Group (SALM) Presents At 7th Annual LD Micro Invitational Conference - Slideshow - June 8 at 3:17 AM logoInsider Selling: Salem Media Group Inc (SALM) CEO Sells 17,979 Shares of Stock - June 5 at 4:18 PM logoComparing Salem Media Group (SALM) and Cumulus Media (CMLS) - June 5 at 2:20 PM logoSalem Media Group Inc (SALM) Downgraded by ValuEngine to "Hold" - June 3 at 3:14 PM logoSalem Media Group Inc (SALM) Announces $0.07 Quarterly Dividend - June 2 at 6:30 PM logoYieldBoost SALM From 3.8% To 14.5% Using Options - May 31 at 12:39 PM logoEvan D. Masyr Sells 3,305 Shares of Salem Media Group Inc (SALM) Stock - May 26 at 4:46 PM logoChristopher J. Henderson Sells 3,296 Shares of Salem Media Group Inc (SALM) Stock - May 26 at 1:50 PM logoInsider Selling: Salem Media Group Inc (SALM) Insider Sells 4,910 Shares of Stock - May 26 at 1:50 PM logoSalem Media Group Announces Closing of Offering of $255 Million of Senior Secured Notes Due 2024 - May 20 at 12:18 AM logoSalem Media Group, Inc. Promotes Jeff Reisman to Operational Vice President - May 15 at 6:53 PM logoSalem Media Group Inc (SALM) Insider Sells $25,195.25 in Stock - May 12 at 8:26 PM logoSalem Media Group Announces Pricing of $255 Million Senior Secured Notes Offering - May 11 at 8:06 PM logoETFs with exposure to Salem Media Group, Inc. : May 11, 2017 - May 11 at 8:06 PM logoSalem Media Group Inc (SALM) Downgraded by Zacks Investment Research to "Hold" - May 11 at 9:42 AM



Salem Media Group (SALM) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by Staff