S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
NASDAQ:SALM

Salem Media Group Stock Forecast, Price & News

$4.70
+0.99 (+26.68 %)
(As of 10/22/2021 12:00 AM ET)
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Today's Range
$3.96
$6.82
50-Day Range
$2.35
$4.47
52-Week Range
$0.78
$6.82
Volume32.90 million shs
Average Volume784,932 shs
Market Capitalization$126.28 million
P/E Ratio21.36
Dividend YieldN/A
Beta1.48
30 days | 90 days | 365 days | Advanced Chart
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Salem Media Group logo

About Salem Media Group

Salem Media Group, Inc. engages in the provision of media specializing in Christian and conservative content. It operates through the following segments: Broadcast, Digital Media and Publishing. The Broadcast segment owns and operates radio stations in large metropolitan markets, which includes national and local programming content. The Digital Media segment offers Christian, conservative, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through the web. The Publishing segment comprises of book publishing, self-publishing services and print and digital magazines. The company was founded by Stuart W. Epperson and Edward G. Atsinger III in 1986 and is headquartered in Irving, TX.

Headlines

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Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:SALM
CUSIP
79409310
Employees
1,207
Year Founded
1986

Sales & Book Value

Annual Sales
$236.24 million
Book Value
$5.07 per share

Profitability

Net Income
$-54.06 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$126.28 million
Next Earnings Date
11/11/2021 (Estimated)
Optionable
Optionable

Social Links


MarketRank

Overall MarketRank

1.60 out of 5 stars

Consumer Discretionary Sector

272nd out of 385 stocks

Radio Broadcasting Stations Industry

7th out of 15 stocks

Analyst Opinion: 0.0Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Salem Media Group (NASDAQ:SALM) Frequently Asked Questions

What stocks does MarketBeat like better than Salem Media Group?

Wall Street analysts have given Salem Media Group a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Salem Media Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Salem Media Group?

Salem Media Group saw a decline in short interest in September. As of September 30th, there was short interest totaling 170,100 shares, a decline of 52.8% from the September 15th total of 360,100 shares. Based on an average trading volume of 349,400 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.5% of the company's stock are sold short.
View Salem Media Group's Short Interest
.

When is Salem Media Group's next earnings date?

Salem Media Group is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.
View our earnings forecast for Salem Media Group
.

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 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.01) by $0.09. The company had revenue of $63.78 million for the quarter, compared to the consensus estimate of $60.19 million. Salem Media Group had a net margin of 2.51% and a trailing twelve-month return on equity of 4.75%.
View Salem Media Group's earnings history
.

How has Salem Media Group's stock price been impacted by Coronavirus (COVID-19)?

Salem Media Group's stock was trading at $1.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SALM shares have increased by 305.2% and is now trading at $4.70.
View which stocks have been most impacted by COVID-19
.

What guidance has Salem Media Group issued on next quarter's earnings?

Salem Media Group issued an update on its third quarter 2021 earnings guidance on Wednesday, August, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $61.81 million-$63.02 million, compared to the consensus revenue estimate of $61.23 million.

Who are Salem Media Group's key executives?

Salem Media Group's management team includes the following people:
  • Edward G. Atsinger, Chief Executive Officer & Director
  • Evan D. Masyr, Chief Financial Officer & Executive Vice President
  • Mike Reed, Senior Vice President
  • Jeff Reisman, Vice President & General Manager-Chicago Cluster
  • David Cruz, Vice President

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

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

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

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), Ampio Pharmaceuticals (AMPE) and Biocept (BIOC).

What is Salem Media Group's stock symbol?

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

Who are Salem Media Group's major shareholders?

Salem Media Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Baker Ellis Asset Management LLC (0.05%). Company insiders that own Salem Media Group stock include Christopher J Henderson, David Evans, David P Santrella, Edward G Atsinger III and Stuart W Epperson.
View institutional ownership trends for Salem Media Group
.

Which major investors are selling Salem Media Group stock?

SALM stock was sold by a variety of institutional investors in the last quarter, including Baker Ellis Asset Management LLC. Company insiders that have sold Salem Media Group company stock in the last year include Christopher J Henderson, David Evans, and David P Santrella.
View insider buying and selling activity for Salem Media Group
or view top insider-selling stocks.

How do I buy shares of Salem Media Group?

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

What is Salem Media Group's stock price today?

One share of SALM stock can currently be purchased for approximately $4.70.

How much money does Salem Media Group make?

Salem Media Group has a market capitalization of $126.28 million and generates $236.24 million in revenue each year. The company earns $-54.06 million in net income (profit) each year or ($1.54) on an earnings per share basis.

How many employees does Salem Media Group have?

Salem Media Group employs 1,207 workers across the globe.

When was Salem Media Group founded?

Salem Media Group was founded in 1986.

What is Salem Media Group's official website?

The official website for Salem Media Group is www.salemmedia.com.

Where are Salem Media Group's headquarters?

Salem Media Group is headquartered at 4880 SANTA ROSA ROAD, CAMARILLO CA, 93012.

How can I contact Salem Media Group?

Salem Media Group's mailing address is 4880 SANTA ROSA ROAD, CAMARILLO CA, 93012. The company can be reached via phone at (469) 586-0080 or via email at [email protected].


This page was last updated on 10/23/2021 by MarketBeat.com Staff

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