Salem Media Group Company Profile (NASDAQ:SALM)

About Salem Media Group (NASDAQ:SALM)

Salem Media Group logoSalem Media Group, Inc., formerly Salem Communications Corporation, is a multi-media company specializing in Christian and Conservative content, with media properties consisting of radio broadcasting, digital media, and book, magazine and newsletter publishing. The Company operates through three segments: Broadcast, Digital Media and Publishing. The Company's broadcasting segment is engaged in the ownership and operation of radio stations in metropolitan markets. The Company's radio stations carry national and local programming content, as well as national and local advertisers. The Company's Digital Media segment focuses on Web-based platform designed for audiences interested in Christian and family-themed content and conservative news. The Company's publishing segment consists of Regnery Publishing, Xulon Press and Salem Publishing. The Company owns and operates approximately 116 radio stations in over 40 markets.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Radio Broadcasting
  • Sub-Industry: Broadcasting
  • Symbol: NASDAQ:SALM
  • CUSIP: 79409310
  • Web: www.salem.cc
Capitalization:
  • Market Cap: $165.85 million
  • Outstanding Shares: 26,118,000
Average Prices:
  • 50 Day Moving Avg: $6.36
  • 200 Day Moving Avg: $6.90
  • 52 Week Range: $5.00 - $8.25
P/E:
  • Trailing P/E Ratio: 21.97
  • Foreward P/E Ratio: 12.45
  • P/E Growth: 3.69
Sales & Book Value:
  • Annual Revenue: $273.06 million
  • Price / Sales: 0.61
  • Book Value: $8.22 per share
  • Price / Book: 0.77
Dividend:
  • Annual Dividend: $0.26
  • Dividend Yield: 4.1%
Profitability:
  • EBITDA: $46.09 million
  • Net Margins: 2.75%
  • Return on Equity: 6.26%
  • Return on Assets: 2.28%
Debt:
  • Debt-to-Equity Ratio: 1.16%
  • Current Ratio: 0.98%
  • Quick Ratio: 0.96%
Misc:
  • Average Volume: 28,005 shs.
  • Beta: 1.2
  • Short Ratio: 6.89
 

Frequently Asked Questions for Salem Media Group (NASDAQ:SALM)

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 declared a quarterly dividend on Wednesday, September 13th. Stockholders of record on Friday, September 22nd will be paid a dividend of $0.065 per share on Friday, September 29th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date is Thursday, September 21st. 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 Monday, August, 7th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.03. The company earned $66.11 million during the quarter, compared to the consensus estimate of $67.47 million. Salem Media Group had a return on equity of 6.26% and a net margin of 2.75%. View Salem Media Group's Earnings History.

When will Salem Media Group make its next earnings announcement?

Salem Media Group is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Salem Media Group.

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

Who are Salem Media Group's key executives?

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

  • Stuart W. Epperson Sr., Chairman of the Board
  • Edward G. Atsinger III, Chief Executive Officer, Director
  • Evan D. Masyr, Chief Financial Officer, Executive Vice President
  • Greg R. Anderson, President - Salem Radio Network
  • David A. R. Evans, President - New Media
  • David P. Santrella, President - Broadcast Media
  • Christopher J. Henderson, Senior Vice President - Legal and Human Resources, General Counsel, Secretary
  • Michael Mann, Director - Sales Strategy, Broadcast Media
  • David Davenport, Independent Director
  • Roland S. Hinz, Independent Director

Who owns Salem Media Group stock?

Salem Media Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include GAMCO INVESTORS, INC. ET AL (11.03%). Company insiders that own Salem Media Group stock include Christopher J Henderson, David Evans, David P Santrella, Edward G Atsinger III, Eric H Halvorson and Evan D Masyr. View Institutional Ownership Trends for Salem Media Group.

How do I buy Salem Media Group stock?

Shares of Salem Media Group can be purchased through any online brokerage account. Popular online brokerages 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 Salem Media Group stock can currently be purchased for approximately $6.35.


MarketBeat Community Rating for Salem Media Group (NASDAQ SALM)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  93 (Vote Outperform)
Underperform Votes:  80 (Vote Underperform)
Total Votes:  173
MarketBeat's community ratings are surveys of what our community members think about Salem Media Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Salem Media Group (NASDAQ:SALM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: N/A
Consensus Price Target History for Salem Media Group (NASDAQ:SALM)
Price Target History for Salem Media Group (NASDAQ:SALM)
Analysts' Ratings History for Salem Media Group (NASDAQ:SALM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/8/2017Noble FinancialReiterated RatingBuyLowView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Salem Media Group (NASDAQ:SALM)
Earnings by Quarter for Salem Media Group (NASDAQ:SALM)
Earnings History by Quarter for Salem Media Group (NASDAQ SALM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.13N/AView Earnings Details
8/7/2017Q2 2017$0.07$0.10$67.47 million$66.11 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.08$0.04$65.27 million$64.98 millionViewListenView Earnings Details
11/7/2016Q316$0.12$0.08$68.78 million$71.30 millionViewListenView Earnings Details
5/4/2016Q116$0.03$0.01$63.43 million$64.60 millionViewN/AView Earnings Details
3/9/2016Q415$0.02$0.20$66.95 million$69.10 millionViewN/AView Earnings Details
11/9/2015Q315$0.10$0.08$66.60 million$67.49 millionViewN/AView Earnings Details
8/5/2015Q215$0.04$0.14$66.35 million$67.30 millionViewN/AView Earnings Details
5/6/2015Q115($0.01)$0.02$61.06 million$61.90 millionViewN/AView Earnings Details
3/10/2015Q414$0.15$0.01$66.60 million$65.90 millionViewN/AView Earnings Details
11/6/2014$0.13$0.15$64.77 million$69.60 millionViewN/AView Earnings Details
5/6/2014$0.16$0.01$62.33 millionViewN/AView Earnings Details
11/5/2013Q313$0.12$0.21$57.41 million$58.50 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.13$0.20$59.30 million$60.10 millionViewN/AView Earnings Details
11/8/2012Q312$0.09$0.13$57.12 million$56.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Salem Media Group (NASDAQ:SALM)
Current Year EPS Consensus Estimate: $0.3 EPS
Next Year EPS Consensus Estimate: $0.51 EPS

Dividends

Current Dividend Information for Salem Media Group (NASDAQ:SALM)
Most Recent Dividend:9/29/2017
Annual Dividend:$0.26
Dividend Yield:4.09%
Payout Ratio:92.86% (Trailing 12 Months of Earnings)
86.67% (Based on This Year's Estimates)
50.98% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Salem Media Group (NASDAQ:SALM)

Dividend History by Quarter for Salem Media Group (NASDAQ SALM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/13/2017quarterly$0.074.13%9/21/20179/22/20179/29/2017
6/2/2017quarterly$0.073.66%6/14/20176/16/20176/30/2017
3/9/2017quarterly$0.073.66%3/16/20173/20/20173/31/2017
12/8/2016Quarterly$0.0712/15/201612/19/201612/30/2016
12/7/2016Quarterly$0.0712/15/201612/19/201612/31/2016
9/9/2016Quarterly$0.079/15/20169/19/20169/30/2016
6/3/2016quarterly$0.073.74%6/14/20166/16/20166/30/2016
3/11/2016quarterly$0.075.21%3/18/20163/22/20164/5/2016
12/2/2015quarterly$0.074.53%12/11/201512/15/201512/29/2015
9/2/2015quarterly$0.074.11%9/14/20159/16/20159/30/2015
6/4/2015quarterly$0.075.41%6/12/20156/16/20156/30/2015
3/6/2015quarterly$0.073.53%3/13/20153/17/20153/31/2015
12/2/2014quarterly$0.073.3%12/11/201412/15/201412/29/2014
9/2/2014quarterly$0.063.14%9/12/20149/16/20149/30/2014
5/27/2014quarterly$0.062.8%6/12/20146/16/20146/30/2014
3/6/2014quarterly$0.062.43%3/13/20143/17/20143/31/2014
11/21/2013quarterly$0.062.46%12/6/201312/10/201312/27/2014
11/20/2013quarterly$0.0612/6/201312/10/201312/27/2013
9/12/2013quarterly$0.052.57%9/24/20139/26/201310/4/2013
5/30/2013quarterly$0.052.68%6/12/20136/14/20136/28/2013
3/18/2013quarterly$0.052.77%3/21/20133/25/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Salem Media Group (NASDAQ:SALM)
Insider Ownership Percentage: 60.04%
Institutional Ownership Percentage: 30.51%
Insider Trades by Quarter for Salem Media Group (NASDAQ:SALM)
Institutional Ownership by Quarter for Salem Media Group (NASDAQ:SALM)
Insider Trades by Quarter for Salem Media Group (NASDAQ:SALM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/25/2017Edward G Atsinger IIICEOSell483$7.45$3,598.35View SEC Filing  
6/28/2017Christopher J HendersonSVPSell108$7.50$810.00View SEC Filing  
6/28/2017Edward G Atsinger IIICEOSell3,528$7.45$26,283.60View SEC Filing  
6/13/2017Christopher J. HendersonSVPSell5,215$7.40$38,591.00View SEC Filing  
6/12/2017Edward G Atsinger IIICEOSell10,270$7.31$75,073.70View SEC Filing  
6/2/2017Edward G Atsinger IIICEOSell17,979$7.06$126,931.74View SEC Filing  
5/25/2017Christopher J HendersonSVPSell3,296$6.94$22,874.24View SEC Filing  
5/25/2017David EvansInsiderSell4,910$6.94$34,075.40View SEC Filing  
5/25/2017Evan D MasyrCFOSell3,305$6.94$22,936.70View SEC Filing  
5/10/2017David EvansInsiderSell3,251$7.75$25,195.25View SEC Filing  
4/4/2017David EvansInsiderSell97$7.75$751.75View SEC Filing  
3/30/2017David EvansInsiderSell11,893$7.53$89,554.29View SEC Filing  
3/21/2017David EvansInsiderSell2,255$7.50$16,912.50View SEC Filing  
7/12/2016David P SantrellaInsiderSell827$8.03$6,640.81View SEC Filing  
7/11/2016David P SantrellaInsiderSell39,173$8.01$313,775.73View SEC Filing  
7/5/2016David EvansInsiderSell34,996$7.35$257,220.60View SEC Filing  
7/5/2016Evan D MasyrCFOSell78,000$7.55$588,900.00View SEC Filing  
6/3/2016David EvansInsiderSell12,558$6.90$86,650.20View SEC Filing  
5/27/2016David EvansInsiderSell9,847$6.75$66,467.25View SEC Filing  
5/19/2016Eric H HalvorsonDirectorBuy3,000$6.47$19,410.00View SEC Filing  
8/11/2015Eric H HalvorsonDirectorBuy5,000$6.26$31,300.00View SEC Filing  
11/19/2014Christopher J HendersonSVPSell7,000$8.00$56,000.00View SEC Filing  
11/12/2014David P SantrellaInsiderSell7,316$8.00$58,528.00View SEC Filing  
11/11/2014David P SantrellaInsiderSell1,434$8.01$11,486.34View SEC Filing  
11/10/2014Greg AndersonInsiderSell5,000$8.00$40,000.00View SEC Filing  
7/1/2014Christopher J HendersonSVPSell8,750$9.50$83,125.00View SEC Filing  
6/9/2014Edward G Atsinger IIICEOSell73,758$8.60$634,318.80View SEC Filing  
5/29/2014Edward G Atsinger IIICEOSell6,190$8.63$53,419.70View SEC Filing  
3/19/2014Christopher HendersonSVPSell10,555$10.02$105,761.10View SEC Filing  
3/18/2014Francis WrightCOOBuy2,310$9.86$22,776.60View SEC Filing  
3/17/2014Francis WrightCOOBuy5,000$10.00$50,000.00View SEC Filing  
3/14/2014Christopher HendersonSVPSell2,445$10.00$24,450.00View SEC Filing  
3/14/2014David EvansInsiderSell1,405$10.00$14,050.00View SEC Filing  
3/11/2014Francis WrightCOOBuy2,500$9.48$23,700.00View SEC Filing  
3/11/2014Greg AndersonInsiderSell11,750$9.52$111,860.00View SEC Filing  
3/7/2014Greg AndersonInsiderSell8,333$9.43$78,580.19View SEC Filing  
12/23/2013Christopher HendersonSVPSell6,700$9.50$63,650.00View SEC Filing  
12/23/2013David EvansInsiderSell2,235$9.50$21,232.50View SEC Filing  
12/16/2013David EvansInsiderSell2,381$9.25$22,024.25View SEC Filing  
11/29/2013Roland HinzDirectorSell6,655$9.00$59,895.00View SEC Filing  
11/25/2013David EvansInsiderSell11,780$8.96$105,548.80View SEC Filing  
11/11/2013David SantrellaInsiderSell20,750$8.82$183,015.00View SEC Filing  
11/7/2013David EvansInsiderSell13,225$8.81$116,512.25View SEC Filing  
11/6/2013Christopher HendersonSVPSell6,943$8.72$60,542.96View SEC Filing  
10/22/2013Christopher J HendersonSVPSell1,218$8.50$10,353.00View SEC Filing  
9/24/2013Christopher HendersonSVPSell5,730$8.50$48,705.00View SEC Filing  
9/17/2013Christopher HendersonSVPSell15,000$8.25$123,750.00View SEC Filing  
9/17/2013David EvansInsiderSell1,225$8.25$10,106.25View SEC Filing  
8/26/2013Greg AndersonInsiderSell3,970$8.02$31,839.40View SEC Filing  
8/8/2013Christopher HendersonSVPSell1,157$8.01$9,267.57View SEC Filing  
7/2/2013Christopher J HendersonSVPSell5,000$8.00$40,000.00View SEC Filing  
5/24/2013Christopher J HendersonSVPSell3,000$7.75$23,250.00View SEC Filing  
5/24/2013Greg AndersonInsiderSell19,584$7.69$150,600.96View SEC Filing  
5/15/2013Christopher J HendersonSVPSell2,000$7.44$14,880.00View SEC Filing  
5/14/2013Evan D MasyrCFOSell1,282$7.54$9,666.28View SEC Filing  
5/13/2013David P SantrellaInsiderSell1,230$7.55$9,286.50View SEC Filing  
1/17/2013David P SantrellaInsiderSell3,063$5.50$16,846.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Salem Media Group (NASDAQ:SALM)
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Salem Media Group (SALM) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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