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

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

Salem Media Group declared a quarterly dividend on Friday, March 8th. Shareholders of record on Tuesday, March 19th will be given a dividend of $0.065 per share on Friday, March 29th. This represents a $0.26 dividend on an annualized basis and a yield of 9.95%. The ex-dividend date of this dividend is Monday, March 18th. View Salem Media Group's Dividend History.

Salem Media Group Inc (NASDAQ:SALM) released its quarterly earnings data on Tuesday, March, 12th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.08. The company earned $67.19 million during the quarter, compared to analysts' expectations of $66.50 million. Salem Media Group had a negative net margin of 1.21% and a positive return on equity of 1.42%. View Salem Media Group's Earnings History.

Salem Media Group is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Salem Media Group.

Salem Media Group updated its first quarter 2019 earnings guidance on Tuesday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $65.714-66.99 million, compared to the consensus revenue estimate of $64.43 million.

2 brokerages have issued 12-month target prices for Salem Media Group's stock. Their predictions range from $3.50 to $3.50. On average, they anticipate Salem Media Group's stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 34.0% 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 coverage about SALM stock has trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. 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 media sentiment score of 1.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Salem Media Group investors own include WPX Energy (WPX), Two Harbors Investment (TWO), Sirius XM (SIRI), New Residential Investment (NRZ), Sangamo Therapeutics (SGMO), ANNALY CAP MGMT/SH (NLY), General Electric (GE), Prospect Capital (PSEC), Sprint (S) and Advanced Micro Devices (AMD).

Salem Media Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.82%), Dimensional Fund Advisors LP (4.82%), Gamco Investors INC. ET AL (3.24%), Teton Advisors Inc. (2.10%), Gabelli Funds LLC (2.09%) and Ancora Advisors LLC (1.56%). 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 sold by a variety of institutional investors in the last quarter, including Algert Global LLC, Millennium Management LLC, First Wilshire Securities Management Inc., Teton Advisors Inc., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Gamco Investors INC. ET AL and Gabelli Funds LLC. View Insider Buying and Selling for Salem Media Group.

SALM stock was bought by a variety of institutional investors in the last quarter, including Ancora Advisors LLC, Municipal Employees Retirement System of Michigan, Bank of New York Mellon Corp, Acadian Asset Management LLC and 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 $2.6124.

Salem Media Group has a market capitalization of $68.39 million and generates $262.78 million in revenue each year. The company earns $-3,190,000.00 in net income (profit) each year or $0.09 on an earnings per share basis. Salem Media Group employs 1,552 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]