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S&P 500   3,744.52
DOW   29,926.94
QQQ   279.76
5 Unspoken Rules You Need to Know When Starting a Media Agency
Live Updates: Russia-Ukraine War
Box Inc. Stock on Track to Become a Q4 Winner
3 Stocks With Market-Beating Price Performance
Don’t Chase American Virtual Cloud Technologies Higher
Is Ford's Revenue Enough to Juice its Stock Price?
Will WWE Shares Wrestle Their Way Higher or Will They Tap Out?
S&P 500   3,744.52
DOW   29,926.94
QQQ   279.76
5 Unspoken Rules You Need to Know When Starting a Media Agency
Live Updates: Russia-Ukraine War
Box Inc. Stock on Track to Become a Q4 Winner
3 Stocks With Market-Beating Price Performance
Don’t Chase American Virtual Cloud Technologies Higher
Is Ford's Revenue Enough to Juice its Stock Price?
Will WWE Shares Wrestle Their Way Higher or Will They Tap Out?
S&P 500   3,744.52
DOW   29,926.94
QQQ   279.76
5 Unspoken Rules You Need to Know When Starting a Media Agency
Live Updates: Russia-Ukraine War
Box Inc. Stock on Track to Become a Q4 Winner
3 Stocks With Market-Beating Price Performance
Don’t Chase American Virtual Cloud Technologies Higher
Is Ford's Revenue Enough to Juice its Stock Price?
Will WWE Shares Wrestle Their Way Higher or Will They Tap Out?
NASDAQ:SALM

Salem Media Group - SALM Stock Forecast, Price & News

$1.76
+0.08 (+4.76%)
(As of 10/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$1.70
$1.76
50-Day Range
$1.64
$2.58
52-Week Range
$1.61
$6.82
Volume
10,044 shs
Average Volume
38,577 shs
Market Capitalization
$47.80 million
P/E Ratio
0.97
Dividend Yield
N/A
Price Target
N/A

Salem Media Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.18mentions of Salem Media Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
76.92%
From $0.13 to $0.23 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.66 out of 5 stars

Consumer Discretionary Sector

69th out of 275 stocks

Radio Broadcasting Stations Industry

2nd out of 7 stocks

SALM stock logo

About Salem Media Group (NASDAQ:SALM) Stock

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 32 FM radio stations and 69 AM radio stations; offers programs on the Family Talk Christian-themed talk format station on SiriusXM Channel 131; provides 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, e-commerce, audio and video streaming, and other resources digitally through 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 Townhall.com, HotAir.com, Twitchy.com, RedState.com, BearingArms.com, ConservativeRadio.com, and pjmedia.com, as well as mobile applications. In addition, the company publishes digital newsletters that provide 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 publication of conservative, Christian, and history books; Xulon Press, a print-on-demand self-publishing service; and Mill City Press that publishes books, as well as provides digital marketing service. The company was formerly known as Salem Communications Corporation and changed its name to Salem Media Group, Inc. in February 2015. The company was founded in 1974 and is based in Irving, Texas.

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SALM Stock News Headlines

Grant Stinchfield Joins the Salem Podcast Network
StockNews.com Begins Coverage on Salem Media Group (NASDAQ:SALM)
Investors Look to Capitalize on the Budding Green Revolution
Lithium is the uncontested fuel of the green energy revolution. One little-known small-cap lithium mining company in a renowned South American location has started attracting interest from opportunity-minded investors.
Investors Look to Capitalize on the Budding Green Revolution
Lithium is the uncontested fuel of the green energy revolution. One little-known small-cap lithium mining company in a renowned South American location has started attracting interest from opportunity-minded investors.
Salem Media Group Cuts Q3 Total Revenue Outlook; Stock Down
Salem Media Updates Third Quarter Revenue Guidance
Salem Media Group announces Battleground Talkers Tour 2022
Salem Media Announces Promotion of Jon Latzer
Liberty Station Podcast Joins Salem Podcast Network
See More Headlines
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SALM Company Calendar

Last Earnings
8/04/2022
Today
10/07/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:SALM
CUSIP
79409310
Employees
1,336
Year Founded
1986

Profitability

Net Income
$41.51 million
Pretax Margin
18.05%

Debt

Sales & Book Value

Annual Sales
$258.25 million
Cash Flow
$1.49 per share
Book Value
$6.56 per share

Miscellaneous

Free Float
10,429,000
Market Cap
$47.80 million
Optionable
Optionable
Beta
1.24

Social Links


Key Executives

  • Mr. Edward G. Atsinger III (Age 82)
    Exec. Chairman
    Comp: $1.05M
  • Mr. David P. SantrellaMr. David P. Santrella (Age 60)
    Chief Exec. Officer
    Comp: $561.18k
  • Mr. David A. R. Evans (Age 59)
    Chief Operating Officer
    Comp: $623.27k
  • Mr. Evan D. MasyrMr. Evan D. Masyr (Age 50)
    Exec. VP & CFO
  • Mr. Christopher J. HendersonMr. Christopher J. Henderson (Age 58)
    Exec. VP of Legal & HR, Gen. Counsel and Sec.
  • Ms. Angenette Natkowski
    Director of Sales
  • Mr. Allen Power
    Sr. VP of Radio Division
  • Mr. Ron Walters
    Sr. VP of Ministry Relations
  • Ms. Linnae Young
    Sr. VP of Broadcast Operations
  • Mr. Christopher Gould
    Sr. VP of National Program Devel. & Ministry Relations and GM of Colorado Springs Assets













SALM Stock - Frequently Asked Questions

Should I buy or sell Salem Media Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Salem Media Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SALM shares.
View SALM analyst ratings
or view top-rated stocks.

How have SALM shares performed in 2022?

Salem Media Group's stock was trading at $3.06 on January 1st, 2022. Since then, SALM stock has decreased by 42.5% and is now trading at $1.76.
View the best growth stocks for 2022 here
.

When is Salem Media Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our SALM earnings forecast
.

How were Salem Media Group's earnings last quarter?

Salem Media Group, Inc. (NASDAQ:SALM) posted its earnings results on Thursday, August, 4th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.13. The company earned $68.68 million during the quarter, compared to analyst estimates of $68.80 million. Salem Media Group had a trailing twelve-month return on equity of 15.71% and a net margin of 18.69%.

What guidance has Salem Media Group issued on next quarter's earnings?

Salem Media Group issued an update on its third quarter 2022 earnings guidance on Thursday, September, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $69.96 million-$71.28 million, compared to the consensus revenue estimate of $68.94 million.

What is Edward G. Atsinger III's approval rating as Salem Media Group's CEO?

247 employees have rated Salem Media Group Chief Executive Officer Edward G. Atsinger III on Glassdoor.com. Edward G. Atsinger III has an approval rating of 87% among the company's employees.

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), Trevena (TRVN), OPKO Health (OPK), Advanced Micro Devices (AMD), CTI BioPharma (CTIC), TherapeuticsMD (TXMD), Arbutus Biopharma (ABUS), Adamis Pharmaceuticals (ADMP), Ampio Pharmaceuticals (AMPE) and Biocept (BIOC).

What is Salem Media Group's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Salem Media Group's stock price today?

One share of SALM stock can currently be purchased for approximately $1.76.

How much money does Salem Media Group make?

Salem Media Group (NASDAQ:SALM) has a market capitalization of $47.80 million and generates $258.25 million in revenue each year. The company earns $41.51 million in net income (profit) each year or $1.81 on an earnings per share basis.

How many employees does Salem Media Group have?

The company employs 1,336 workers across the globe.

How can I contact Salem Media Group?

Salem Media Group's mailing address is 4880 SANTA ROSA ROAD, CAMARILLO CA, 93012. The official website for the company is www.salemmedia.com. The company can be reached via phone at (469) 586-0080, via email at evan@salemmedia.com, or via fax at 805-384-4520.

This page (NASDAQ:SALM) was last updated on 10/7/2022 by MarketBeat.com Staff

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