How have SALM shares performed in 2024?

Salem Media Group's stock was trading at $0.39 at the beginning of 2024. Since then, SALM stock has decreased by 10.3% and is now trading at $0.35. View the best growth stocks for 2024 here .

How were Salem Media Group's earnings last quarter?

Salem Media Group, Inc. (NASDAQ:SALM) announced its quarterly earnings results on Wednesday, August, 4th. The company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.09. The company earned $63.78 million during the quarter, compared to analysts' expectations 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 .

NASDAQ:SALM

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

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$0.35

-0.02 (-5.41%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.35
▼
$0.38
50-Day Range: $0.30
▼
$0.42
52-Week Range: $0.24
▼
$1.08

Volume: 8,320 shs
Average Volume: 180,762 shs
Market Capitalization: $9.53 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

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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

30 days | 90 days | 365 days | Advanced Chart

SALM Stock News Headlines

April 18, 2024 | msn.com

Reuters photographer Mohammed Salem wins 2024 World Press Photo of the Year award

April 16, 2024 | americanbankingnews.com

Salem Media Group (NASDAQ:SALM) Research Coverage Started at StockNews.com

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April 12, 2024 | msn.com

Salem recovering from flooding

April 11, 2024 | fool.com

Salem Media Group (NASDAQ: SALM)

April 5, 2024 | businesswire.com

Salem Radio Network Announces New Radio/TV Show Focused on Issues Facing the House of Representatives, Coming April 13th

March 28, 2024 | msn.com

Salem weighs anti-camping law as homeless encampment residents face removal

March 28, 2024 | investing.com

Salem Media Group releases 2023 Annual Report

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March 27, 2024 | yahoo.com

Salem felon faces federal charges for mail, ID theft

March 26, 2024 | businesswire.com

Salem Media Group has Released its Year-End 2023 Annual Report

March 26, 2024 | msn.com

Salem City authorizes contribution of funds for new regional state park

March 22, 2024 | msn.com

Salem-Keizer Public Schools demos weapons scanners. Here's where they could be installed

March 22, 2024 | msn.com

Salem-Keizer teachers vote to authorize strike

March 21, 2024 | finance.yahoo.com

Salem Media Group Announces Plan to Sell Its Contemporary Christian Music Stations in Nashville and Honolulu

February 26, 2024 | finance.yahoo.com

Salem News Channel Host Mike Gallagher to Broadcast from Israel

February 25, 2024 | yahoo.com

Salem-Keizer Public Schools reaches tentative contract agreement with classified workers

January 24, 2024 | finance.yahoo.com

Salem Radio Network Announces Contract Extension for Dennis Prager, and New Show Times

January 15, 2024 | finance.yahoo.com

Anderson Receives Corporate VP Stripes and Murphy Elevated to Twin Cities GM at Salem Media Group

January 8, 2024 | finance.yahoo.com

Salem Podcast Network Signs Lara Trump

January 2, 2024 | msn.com

Salem Media Group slips on announcing voluntary delisting from Nasdaq Global Market

December 30, 2023 | businesswire.com

INSERTING and REPLACING Salem Media Group Announces Voluntary Delisting from the Nasdaq Global Market

December 29, 2023 | finance.yahoo.com

Salem Media Group Announces Voluntary Delisting from the Nasdaq Global Market

December 27, 2023 | msn.com

Salem Media announces new revolving credit facility with Siena Lending Group

December 26, 2023 | finance.yahoo.com

Salem Media Group Announces the Sale of Regnery Publishing

December 18, 2023 | msn.com

City of Salem announces 2024 skill games enforcement

December 16, 2023 | news.yahoo.com

Applications open for spots on Salem's revenue task force

See More Headlines

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Company Calendar

Last Earnings: 8/04/2021
Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Radio broadcasting stations
Sub-Industry: Broadcasting
Current Symbol: NASDAQ:SALM
CUSIP: 79409310
CIK: 1050606
Web: www.salemmedia.com
Phone: (469) 586-0080
Fax: 805-384-4520
Employees: 1,436
Year Founded: 1986

Profitability

EPS (Most Recent Fiscal Year): ($1.68)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-3,240,000.00
Net Margins: -17.49%
Pretax Margin: -21.61%
Return on Equity: -8.47%
Return on Assets: -2.72%

Debt

Debt-to-Equity Ratio: 1.16
Current Ratio: 0.66
Quick Ratio: 0.64

Sales & Book Value

Annual Sales: $266.97 million
Price / Sales: 0.04
Cash Flow: $0.66 per share
Price / Cash Flow: 0.56
Book Value: $6.44 per share
Price / Book: 0.06

Miscellaneous

Outstanding Shares: 27,220,000
Free Float: 12,353,000
Market Cap: $10.06 million
Optionable: Not Optionable
Beta: 0.84

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Key Executives

Mr. Edward G. Atsinger III (Age 84)
Executive Chairman of the Board
Comp: $1.25M
Mr. David P. Santrella (Age 62)
Chief Executive Officer
Comp: $860.45k
Mr. David A. R. Evans (Age 61)
Chief Operating Officer
Comp: $814.72k
Mr. Evan D. Masyr (Age 52)
Executive VP & CFO
Comp: $417.14k
Mr. Christopher J. Henderson (Age 60)
Executive VP of Legal & HR, General Counsel and Secretary
Comp: $351.14k
Ms. Angenette Natkowski
Director of Sales
Mr. Allen Power
President of Broadcast Media
Mr. Jeff Reisman
Senior Vice President of Operations
Ms. Linnae Young
Executive Vice President of Operations & Revenue Development
Mr. Christopher Gould
Senior VP of National Program Development & Ministry Relations and GM of Colorado Springs Assets

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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 beginning of 2024. Since then, SALM stock has decreased by 10.3% and is now trading at $0.35.
View the best growth stocks for 2024 here.
How were Salem Media Group's earnings last quarter?: Salem Media Group, Inc. (NASDAQ:SALM) announced its quarterly earnings results on Wednesday, August, 4th. The company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.09. The company earned $63.78 million during the quarter, compared to analysts' expectations 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 4/19/2024 by MarketBeat.com Staff

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