Salem Media Group Stock Forecast, Price & News

Salem Media Group (NASDAQ:SALM) Frequently Asked Questions

How has Salem Media Group's stock been impacted by COVID-19?

Salem Media Group's stock was trading at $1.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SALM stock has increased by 170.7% and is now trading at $3.14.
View which stocks have been most impacted by COVID-19.

Are investors shorting Salem Media Group?

Salem Media Group saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 845,200 shares, an increase of 34.0% from the October 31st total of 630,800 shares. Based on an average trading volume of 1,520,000 shares, the days-to-cover ratio is currently 0.6 days. Approximately 7.5% of the shares of the stock are sold short.
View Salem Media Group's Short Interest.

When is Salem Media Group's next earnings date?

Salem Media Group is scheduled to release its next quarterly earnings announcement on Thursday, March 3rd 2022.
View our earnings forecast for Salem Media Group.

How were Salem Media Group's earnings last quarter?

Salem Media Group, Inc. (NASDAQ:SALM) released its quarterly earnings results on Thursday, November, 4th. The company reported $0.58 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.26. The company had revenue of $65.98 million for the quarter, compared to the consensus estimate of $62 million. Salem Media Group had a trailing twelve-month return on equity of 14.52% and a net margin of 11.04%.
View Salem Media Group's earnings history.

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

Salem Media Group issued an update on its fourth quarter 2021 earnings guidance on Thursday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $64.50 million-$65.79 million, compared to the consensus revenue estimate of $65.30 million.

Who are Salem Media Group's key executives?

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

• Edward G. Atsinger, Chief Executive Officer & Director
• Evan D. Masyr, Chief Financial Officer & Executive Vice President (LinkedIn Profile)
• Mike Reed, Senior Vice President
• Jeff Reisman, Vice President & General Manager-Chicago Cluster
• David Cruz, Vice President

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

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

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

Some companies that are related to Salem Media Group include Formula One Group (FWONA), Discovery (DISCA), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), Entravision Communications (EVC) and Beasley Broadcast Group (BBGI).
View all of SALM's competitors.

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."

Who are Salem Media Group's major shareholders?

Salem Media Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.16%), Renaissance Technologies LLC (0.89%), Gamco Investors INC. ET AL (0.79%), Geode Capital Management LLC (0.44%), Gabelli Funds LLC (0.37%) and Two Sigma Investments LP (0.19%). Company insiders that own Salem Media Group stock include Christopher J Henderson, David Evans, David P Santrella, Edward G Atsinger III, Evan D Masyr, Evan D Masyr, Evan D Masyr and Stuart W Epperson.
View institutional ownership trends for Salem Media Group.

Which major investors are selling Salem Media Group stock?

SALM stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Millennium Management LLC, KBC Group NV, Renaissance Technologies LLC, Gamco Investors INC. ET AL, Squarepoint Ops LLC, BlackRock Inc., and Gabelli Funds LLC. Company insiders that have sold Salem Media Group company stock in the last year include Christopher J Henderson, David Evans, David P Santrella, and Evan D Masyr.
View insider buying and selling activity for Salem Media Group or view top insider-selling stocks.

Which major investors are buying Salem Media Group stock?

SALM stock was bought by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Two Sigma Advisers LP, Jane Street Group LLC, Citadel Advisors LLC, Dimensional Fund Advisors LP, Morgan Stanley, and Geode Capital Management LLC. Company insiders that have bought Salem Media Group stock in the last two years include Edward G Atsinger III, and Stuart W Epperson.
View insider buying and selling activity for Salem Media Group or or view top insider-buying stocks.

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 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 $3.14.

How much money does Salem Media Group make?

Salem Media Group has a market capitalization of $84.74 million and generates $236.24 million in revenue each year. The company earns $-54.06 million in net income (profit) each year or $1.02 on an earnings per share basis.

How many employees does Salem Media Group have?

Salem Media Group employs 1,338 workers across the globe.

When was Salem Media Group founded?

Salem Media Group was founded in 1986.

What is Salem Media Group's official website?

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

Where are Salem Media Group's headquarters?

Salem Media Group is headquartered at 4880 SANTA ROSA ROAD, CAMARILLO CA, 93012.

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 (469) 586-0080, via email at [email protected], or via fax at 805-384-4520.