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

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$2.80 -0.02 (-0.71 %)

(As of 02/22/2019 09:16 AM ET)

Previous Close$2.82

Today's Range$2.7213 - $2.87

52-Week Range$2.03 - $6.25

Volume11,147 shs

Average Volume21,140 shs

Market Capitalization$73.30 million

P/E Ratio12.73

Dividend Yield9.22%

Beta1.7

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 radio networks, which produce and distribute talk, news, and music programming to radio stations, as well as sells commercial airtime. It also provides Christian and conservative content, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through Christian content Websites, including BibleStudyTools.com, Crosswalk.com, GodVine.com, iBelieve.com, GodTube.com, OnePlace.com, Christianity.com, GodUpdates.com, CrossCards.com, ChristianHeadlines.com, LightSource.com, AllCreated.com, ChristianRadio.com, CCMmagazine.com, SingingNews.com, and SouthernGospel.com; and conservative opinion Websites, such as Townhall.com, HotAir.com, Twitchy.com, RedState.com, BearingArms.com, HumanEvents.com, and ConservativeRadio.com. In addition, the company publishes digital newsletters that provide market analysis and non-individualized investment strategies; and operates Church product Websites comprising SermonSpice.com, ChurchStaffing.com, WorshipHouseMedia.com, SermonSearch.com, WorshipHouseKids.com, Preaching.com, ChristianJobs.com, and Youthworker.com that offer digital resources to pastors and Church leaders, as well as operates Eagle Wellness, an e-commerce site that sells nutritional supplements. Further, it offers publication of conservative, Christian, and history books, such as Ann Coulter, Dinesh D'Souza, Newt Gingrich, David Limbaugh, Ed Klein, and Mark Steyn; Xulon Press, a print-on-demand self-publishing service; and Mill City Press and Bookprinting.com that publishes books, as well as Singing News print magazine. The company was formerly known as Salem Communications Corporation and changed its name to Salem Media Group, Inc. in February 2015. Salem Media Group, Inc. was founded in 1986 and is headquartered in Camarillo, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Radio broadcasting stations

Sub-IndustryBroadcasting

SectorConsumer Discretionary

Current SymbolNASDAQ:SALM

Previous Symbol

CUSIP79409310

CIK1050606

Webwww.salemmedia.com

Phone805-987-0400

Debt

Debt-to-Equity Ratio1.06

Current Ratio0.89

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio12.73

Forward P/E Ratio14.00

P/E GrowthN/A

Sales & Book Value

Annual Sales$263.74 million

Price / Sales0.28

Cash Flow$0.8974 per share

Price / Cash Flow3.12

Book Value$8.84 per share

Price / Book0.32

Profitability

EPS (Most Recent Fiscal Year)$0.22

Net Income$24.64 million

Net Margins8.46%

Return on Equity2.42%

Return on Assets0.97%

Miscellaneous

Employees1,590

Outstanding Shares26,180,000

Market Cap$73.30 million

Next Earnings Date3/21/2019 (Estimated)

OptionableOptionable

Salem Media Group (NASDAQ:SALM) Frequently Asked Questions

What is Salem Media Group's stock symbol?

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

How often does Salem Media Group pay dividends? What is the dividend yield for Salem Media Group?

Salem Media Group announced a quarterly dividend on Monday, November 26th. Stockholders of record on Friday, December 7th will be paid a dividend of $0.065 per share on Friday, December 21st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 9.29%. The ex-dividend date of this dividend is Thursday, December 6th. View Salem Media Group's Dividend History.

How were Salem Media Group's earnings last quarter?

Salem Media Group Inc (NASDAQ:SALM) posted its quarterly earnings results on Wednesday, August, 8th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.08 by $0.16. The business had revenue of $66.27 million for the quarter, compared to analysts' expectations of $65.65 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.

When is Salem Media Group's next earnings date?

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

What price target have analysts set for SALM?

2 equities research analysts have issued 12 month price objectives for Salem Media Group's shares. Their forecasts range from $3.50 to $3.50. On average, they expect Salem Media Group's stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for Salem Media Group.

What is the consensus analysts' recommendation 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.

Has Salem Media Group been receiving favorable news coverage?

News articles about SALM stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Salem Media Group earned a news sentiment score of 1.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the near term.

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

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

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), Two Harbors Investment (TWO), WPX Energy (WPX), Advanced Micro Devices (AMD), Prospect Capital (PSEC), Sangamo Therapeutics (SGMO), General Electric (GE), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ) and Sprint (S).

Who are Salem Media Group's key executives?

Salem Media Group's management team includes the folowing people:

Mr. Edward G. Atsinger III, CEO & Director (Age 79)
Mr. Evan D. Masyr, Exec. VP & CFO (Age 47)
Mr. Christopher J. Henderson, Exec. VP of Legal & HR, Gen. Counsel and Sec. (Age 55)
Mr. David A. R. Evans, Pres of New Media (Age 56)
Mr. David P. Santrella, Pres of Broadcast Media (Age 57)

Who are Salem Media Group's major shareholders?

Salem Media Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.82%), Gamco Investors INC. ET AL (3.24%), Teton Advisors Inc. (2.10%), Gabelli Funds LLC (2.09%), Ancora Advisors LLC (1.56%) and 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.

Which institutional investors are selling Salem Media Group stock?

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, Gamco Investors INC. ET AL and Gabelli Funds LLC. View Insider Buying and Selling for Salem Media Group.

Which institutional investors are buying Salem Media Group stock?

SALM stock was purchased 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Salem Media Group's stock price today?

One share of SALM stock can currently be purchased for approximately $2.80.

How big of a company is Salem Media Group?

Salem Media Group has a market capitalization of $73.30 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.

What is Salem Media Group's official website?

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

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 805-987-0400 or via email at [email protected]

MarketBeat Community Rating for Salem Media Group (NASDAQ SALM)

Community Ranking:		2.3 out of 5 ( )
Outperform Votes:		156 (Vote Outperform)
Underperform Votes:		183 (Vote Underperform)
Total Votes:		339

MarketBeat's community ratings are surveys of what our community members think about Salem Media Group and other stocks. Vote "Outperform" if you believe SALM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SALM will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 2/22/2019 by MarketBeat.com Staff