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

Company Overview

Salem Media Group, Inc. operates as a multimedia company in the United States. It operates in three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio stations; offers 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, 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, Townhall.com, HotAir.com, Twitchy.com, RedState.com, BearingArms.com, ConservativeRadio.com, and pjmedia.com, as well as through mobile applications. In addition, the company publishes digital newsletters consisting of 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 publishing services for books written by conservative and Christian authors; and a self-publishing service through Xulon Press and Mill City Press. 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 1974 and is based in Camarillo, California.

Key Stats

• Today's Range: $0.82 to $0.92
• 50-Day Range: $0.84 to $1.61
• 52-Week Range: $0.15 to $2.09
• Volume: 6,719 shs
• Average Volume: 87,678 shs
• Market Capitalization: $25.01 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Salem Media Group Stock Analysis - MarketRank™

Salem Media Group scored higher than 12% of companies evaluated by MarketBeat, and ranked 270th out of 289 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Salem Media Group.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Salem Media Group is -2.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Salem Media Group is -2.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.21% of the float of Salem Media Group has been sold short.

Short Interest Ratio / Days to Cover

Salem Media Group has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Salem Media Group has recently increased by 46.55%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Salem Media Group does not currently pay a dividend.

Dividend Growth

Salem Media Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Salem Media Group is 18.87%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.21% of the float of Salem Media Group has been sold short.

Short Interest Ratio / Days to Cover

Salem Media Group has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Salem Media Group has recently increased by 46.55%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.35

News Sentiment

Salem Media Group has a news sentiment score of -0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Salem Media Group this week, compared to 1 article on an average week.

Search Interest

1 people have searched for SALM on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Salem Media Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

54.61% of the stock of Salem Media Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 10.14% of the stock of Salem Media Group is held by institutions.

SALM Stock Analysis - Frequently Asked Questions

How have SALM shares performed this year?

Salem Media Group's stock was trading at $0.63 at the beginning of the year. Since then, SALM stock has increased by 45.9% and is now trading at $0.9190.

How were Salem Media Group's earnings last quarter?

Salem Media Group, Inc. (NASDAQ:SALM) announced its quarterly earnings data on Friday, November, 8th. The company reported ($0.24) earnings per share (EPS) for the quarter. The firm earned $58.72 million during the quarter. Salem Media Group had a negative trailing twelve-month return on equity of 5.79% and a negative net margin of 3.80%.

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.

What other stocks do shareholders of Salem Media Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Salem Media Group investors own include Avino Silver & Gold Mines (ASM), Advanced Micro Devices (AMD), Bionano Genomics (BNGO), Meta Platforms (META), Ashford Hospitality Trust (AHT), NVIDIA (NVDA) and Sorrento Therapeutics (SRNE).

Company Calendar

• Last Earnings: 11/08/2024
• Today: 7/05/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Radio broadcasting stations
• Sub-Industry: Broadcasting
• Current Symbol: NASDAQ:SALM
• CIK: 1050606
• Web: www.salemmedia.com
• Phone: (469) 586-0080
• Fax: 805-384-4520
• Employees: 1,340
• Year Founded: 1986

Profitability

• EPS (Trailing Twelve Months): $0.53
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$43.31 million
• Net Margins: -3.80%
• Pretax Margin: N/A
• Return on Equity: -5.79%
• Return on Assets: -1.62%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $261.57 million
• Price / Sales: 0.10
• Cash Flow: $0.91 per share
• Price / Cash Flow: 1.01
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 27,217,000
• Free Float: 12,354,000
• Market Cap: $25.01 million
• Optionable: Not Optionable
• Beta: -0.36