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, June 1st. Stockholders of record on Friday, June 15th will be given a dividend of $0.065 per share on Friday, June 29th. This represents a $0.26 annualized dividend and a dividend yield of 6.50%. The ex-dividend date is Thursday, June 14th. View Salem Media Group's Dividend History.

Salem Media Group Inc (NASDAQ:SALM) posted its quarterly earnings data on Wednesday, August, 8th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.16. The business earned $66.27 million during the quarter, compared to the consensus estimate of $65.65 million. Salem Media Group had a return on equity of 1.90% and a net margin of 7.98%. View Salem Media Group's Earnings History.

Salem Media Group is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Salem Media Group.

2 Wall Street analysts have issued 12 month price targets for Salem Media Group's shares. Their forecasts range from $11.00 to $11.00. On average, they anticipate Salem Media Group's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 175.0% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Salem Media Group.

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

Media coverage about SALM stock has been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Salem Media Group earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the company an impact score of 48.09 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Salem Media Group.

Salem Media Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.68%), Gamco Investors INC. ET AL (3.48%), First Wilshire Securities Management Inc. (1.59%), BlackRock Inc. (1.41%), North Star Investment Management Corp. (1.32%) and Millennium Management LLC (0.92%). 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 BlackRock Inc., Gamco Investors INC. ET AL, Renaissance Technologies LLC and Algert Global LLC. View Insider Buying and Selling for Salem Media Group.

SALM stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bailard Inc., Paloma Partners Management Co, North Star Investment Management Corp., LMR Partners LLP, Dimensional Fund Advisors LP, Acadian Asset Management LLC and First Wilshire Securities Management Inc.. 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 $4.00.

Salem Media Group has a market capitalization of $102.71 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.

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]