NASDAQ:SALM - Salem Media Group Stock Price, News, & Analysis

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

Salem Media Group announced a quarterly dividend on Monday, November 26th. Investors of record on Friday, December 7th will be given a dividend of $0.065 per share on Friday, December 21st. This represents a $0.26 annualized dividend and a dividend yield of 9.92%. The ex-dividend date of this dividend is Thursday, December 6th. View Salem Media Group's Dividend History.

Salem Media Group Inc (NASDAQ:SALM) posted its quarterly earnings results on Wednesday, November, 7th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.03. The firm earned $65.53 million during the quarter, compared to analyst estimates of $65.85 million. Salem Media Group had a net margin of 8.46% and a return on equity of 2.42%. View Salem Media Group's Earnings History.

Salem Media Group is scheduled to release their next quarterly earnings announcement on Thursday, March 21st 2019. View Earnings Estimates for Salem Media Group.

2 analysts have issued 1-year target prices for Salem Media Group's stock. Their forecasts range from $3.50 to $3.50. On average, they anticipate Salem Media Group's stock price to reach $3.50 in the next year. This suggests a possible upside of 33.6% from the stock's current price. View Analyst Price Targets for Salem Media Group.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Salem Media Group in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Salem Media Group.

News articles about SALM stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Salem Media Group earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave headlines about the company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the near future.

Some companies that are related to Salem Media Group include Cumulus Media (CMLS), Beasley Broadcast Group (BBGI), Urban One (UONE), Townsquare Media (TSQ), Urban One (UONEK), Emmis Communications (EMMS), iHeartMedia (IHRTQ), CUR Media (CURM) and Spanish Broadcasting System (SBSAA).

Salem Media Group's stock is owned by many different of institutional and retail investors. Top institutional investors include North Star Investment Management Corp. (1.48%). Company insiders that own Salem Media Group stock include Christopher J Henderson, David Evans, Edward G Atsinger III and Evan D Masyr. View Institutional Ownership Trends for Salem Media Group.

SALM stock was acquired by a variety of institutional investors in the last quarter, including North Star Investment Management Corp.. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SALM stock can currently be purchased for approximately $2.62.

Salem Media Group has a market capitalization of $67.29 million and generates $263.74 million in revenue each year. The company earns $24.64 million in net income (profit) each year or $0.22 on an earnings per share basis. Salem Media Group employs 1,590 workers across the globe.

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

Salem Media Group's mailing address is 4880 SANTA ROSA ROAD, CAMARILLO CA, 93012. The company can be reached via phone at 805-987-0400 or via email at [email protected]