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S&P 500   4,205.45
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MarketBeat Week in Review – 5/22 - 5/26
NOTICE: Your retirement is in immediate danger (Ad)
Baby eels remain one of America's most valuable fish after strong year in Maine
China's 1st domestically made passenger plane completes maiden commercial flight
NOTICE: Your retirement is in immediate danger (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
NOTICE: Your retirement is in immediate danger (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
NOTICE: Your retirement is in immediate danger (Ad)
Baby eels remain one of America's most valuable fish after strong year in Maine
China's 1st domestically made passenger plane completes maiden commercial flight
NOTICE: Your retirement is in immediate danger (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
NOTICE: Your retirement is in immediate danger (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
NOTICE: Your retirement is in immediate danger (Ad)
Baby eels remain one of America's most valuable fish after strong year in Maine
China's 1st domestically made passenger plane completes maiden commercial flight
NOTICE: Your retirement is in immediate danger (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
NOTICE: Your retirement is in immediate danger (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
NASDAQ:SALM

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

$0.96
0.00 (0.00%)
(As of 05/26/2023 ET)
Compare
Today's Range
$0.95
$0.97
50-Day Range
$0.94
$1.09
52-Week Range
$0.92
$2.92
Volume
10,028 shs
Average Volume
27,509 shs
Market Capitalization
$26.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Salem Media Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
419.5% Upside
$5.00 Price Target
Short Interest
Healthy
0.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.93mentions of Salem Media Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.25) to ($0.01) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Consumer Discretionary Sector

106th out of 276 stocks

Radio Broadcasting Stations Industry

4th out of 9 stocks


SALM stock logo

About Salem Media Group (NASDAQ:SALM) Stock

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 include 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 consists 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.

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SALM Stock News Headlines

3 Free Stock Picks per Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Salem Communications: Q1 Earnings Snapshot
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Salem Media Group (NASDAQ:SALM) Now Covered by StockNews.com
Q4 2022 Salem Media Group Inc Earnings Call
Salem Communications: Q4 Earnings Snapshot
Earnings Outlook For Salem Media Group
See More Headlines
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SALM Company Calendar

Last Earnings
3/08/2023
Today
5/28/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$5.00
High Stock Price Forecast
$5.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+419.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-3,240,000.00
Pretax Margin
-4.70%

Debt

Sales & Book Value

Annual Sales
$266.97 million
Cash Flow
$0.68 per share
Book Value
$6.26 per share

Miscellaneous

Free Float
12,353,000
Market Cap
$26.20 million
Optionable
Optionable
Beta
1.21

Social Links


Key Executives

  • David P. SantrellaDavid P. Santrella
    Chief Executive Officer
  • David A. R. Evans
    Chief Operating Officer
  • Evan D. MasyrEvan D. Masyr
    Chief Financial Officer & Executive Vice President
  • Mike Reed
    Senior Vice President
  • Jeff Reisman
    Vice President & General Manager-Chicago Cluster













SALM Stock - Frequently Asked Questions

Should I buy or sell Salem Media Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Salem Media Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SALM shares.
View SALM analyst ratings
or view top-rated stocks.

What is Salem Media Group's stock price forecast for 2023?

1 brokers have issued 1 year price targets for Salem Media Group's stock. Their SALM share price forecasts range from $5.00 to $5.00. On average, they expect the company's stock price to reach $5.00 in the next year. This suggests a possible upside of 419.5% from the stock's current price.
View analysts price targets for SALM
or view top-rated stocks among Wall Street analysts.

How have SALM shares performed in 2023?

Salem Media Group's stock was trading at $1.05 at the start of the year. Since then, SALM shares have decreased by 8.3% and is now trading at $0.9624.
View the best growth stocks for 2023 here
.

When is Salem Media Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our SALM earnings forecast
.

How were Salem Media Group's earnings last quarter?

Salem Media Group, Inc. (NASDAQ:SALM) posted its quarterly earnings data on Wednesday, March, 8th. The company reported ($0.02) earnings per share for the quarter. The company earned $68.81 million during the quarter. Salem Media Group had a negative trailing twelve-month return on equity of 0.22% and a negative net margin of 3.78%.

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

Salem Media Group issued an update on its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $63.89 million-$65.27 million, compared to the consensus revenue estimate of $65.60 million.

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), 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 Dimensional Fund Advisors LP (0.44%), Renaissance Technologies LLC (0.35%) and Susquehanna International Group LLP (0.15%). Insiders that own company stock include Christopher J Henderson, David Evans, David P Santrella and Evan D Masyr.
View institutional ownership trends
.

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 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 $0.96.

How much money does Salem Media Group make?

Salem Media Group (NASDAQ:SALM) has a market capitalization of $26.20 million and generates $266.97 million in revenue each year. The company earns $-3,240,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis.

How many employees does Salem Media Group have?

The company employs 1,436 workers across the globe.

How can I contact Salem Media Group?

Salem Media Group's mailing address is 4880 SANTA ROSA ROAD, CAMARILLO CA, 93012. The official website for the company is www.salemmedia.com. The company can be reached via phone at (469) 586-0080, via email at evan@salemmedia.com, or via fax at 805-384-4520.

This page (NASDAQ:SALM) was last updated on 5/28/2023 by MarketBeat.com Staff

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