NASDAQ:SALM - Salem Media Group Stock Price, News & Analysis

$1.69
+0.02 (+1.20 %)
(As of 08/18/2019 01:59 PM ET)
Today's Range
$1.67
Now: $1.69
$1.72
50-Day Range
$1.69
MA: $2.16
$2.45
52-Week Range
$1.65
Now: $1.69
$4.24
Volume70,000 shs
Average Volume80,997 shs
Market Capitalization$44.99 million
P/E Ratio18.78
Dividend Yield15.57%
Beta1.54
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 radio networks, which produce and distribute talk, news, and music programming to radio stations, as well as sells commercial airtime. It also provides Christian and conservative content, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through Christian content Websites, including 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 conservative opinion Websites, such as Townhall.com, HotAir.com, Twitchy.com, RedState.com, BearingArms.com, and ConservativeRadio.com. Read More…

Industry, Sector and Symbol

Industry Radio broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
Current SymbolNASDAQ:SALM
CUSIP79409310
Phone805-987-0400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$262.78 million
Cash Flow$0.8325 per share
Book Value$8.12 per share

Profitability

Net Income$-3,190,000.00

Miscellaneous

Employees1,552
Market Cap$44.99 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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Salem Media Group (NASDAQ:SALM) Frequently Asked Questions

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, May 15th. Shareholders of record on Friday, June 14th will be given a dividend of $0.065 per share on Friday, June 28th. This represents a $0.26 annualized dividend and a yield of 15.38%. The ex-dividend date of this dividend is Thursday, June 13th. View Salem Media Group's Dividend History.

How were Salem Media Group's earnings last quarter?

Salem Media Group Inc (NASDAQ:SALM) released its quarterly earnings results on Wednesday, August, 8th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.16. The company had revenue of $66.27 million for the quarter, compared to the consensus estimate of $65.65 million. Salem Media Group had a negative return on equity of 0.94% and a negative net margin of 2.01%. View Salem Media Group's Earnings History.

When is Salem Media Group's next earnings date?

Salem Media Group is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Salem Media Group.

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

Salem Media Group updated its third quarter 2019 earnings guidance on Thursday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $61.57-62.88 million, compared to the consensus revenue estimate of $63.58 million.

What price target have analysts set for SALM?

2 equities research analysts have issued 1 year price targets for Salem Media Group's shares. Their predictions range from $3.25 to $3.25. On average, they anticipate Salem Media Group's share price to reach $3.25 in the next year. This suggests a possible upside of 92.3% from the stock's current price. View Analyst Price Targets for Salem Media Group.

What is the consensus analysts' recommendation 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Salem Media Group.

Has Salem Media Group been receiving favorable news coverage?

News stories about SALM stock have been trending negative this week, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Salem Media Group earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Salem Media Group.

Are investors shorting Salem Media Group?

Salem Media Group saw a decline in short interest in the month of July. As of July 15th, there was short interest totalling 112,100 shares, a decline of 19.4% from the June 15th total of 139,000 shares. Based on an average trading volume of 83,700 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.9% of the company's shares are sold short. View Salem Media Group's Current Options Chain.

Who are some of Salem Media Group's key 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 Pandora Media (P), Sirius XM (SIRI), Prospect Capital (PSEC), Ford Motor (F), ANNALY CAP MGMT/SH (NLY), WPX Energy (WPX), Yamana Gold (YRI), Novavax (NVAX), Overstock.com (OSTK) and Boeing (BA).

Who are Salem Media Group's key executives?

Salem Media Group's management team includes the folowing people:
  • Mr. Edward G. Atsinger III, CEO & Director (Age 79)
  • Mr. David A. R. Evans, Pres of New Media (Age 56)
  • Mr. Evan D. Masyr, Exec. VP & CFO (Age 47)
  • Mr. Mike Moran, VP of Operations
  • Mr. Christopher J. Henderson, Exec. VP of Legal & HR, Gen. Counsel and Sec. (Age 55)

Who are Salem Media Group's major shareholders?

Salem Media Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Gamco Investors INC. ET AL (2.91%), Gabelli Funds LLC (1.72%), Vanguard Group Inc. (1.40%), Ancora Advisors LLC (1.35%), Teton Advisors Inc. (1.28%) and North Star Investment Management Corp. (1.05%). Company insiders that own Salem Media Group stock include Christopher J Henderson, David P Santrella, Edward G Atsinger III and Evan D Masyr. 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 Teton Advisors Inc., First Wilshire Securities Management Inc., North Star Investment Management Corp., Gabelli Funds LLC, Ancora Advisors LLC and Gamco Investors INC. ET AL. Company insiders that have sold Salem Media Group company stock in the last year include Christopher J Henderson, David P Santrella and Evan D Masyr. View Insider Buying and Selling for Salem Media Group.

Which major investors are buying Salem Media Group stock?

SALM stock was purchased by a variety of institutional investors in the last quarter, including OneAscent Financial Services LLC, Renaissance Technologies LLC, Bailard Inc., Acadian Asset Management LLC and Vanguard Group Inc.. View Insider Buying and Selling for Salem Media Group.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Salem Media Group's stock price today?

One share of SALM stock can currently be purchased for approximately $1.69.

How big of a company is Salem Media Group?

Salem Media Group has a market capitalization of $44.99 million and generates $262.78 million in revenue each year. The company earns $-3,190,000.00 in net income (profit) each year or $0.09 on an earnings per share basis. Salem Media Group employs 1,552 workers across the globe.View Additional Information About Salem Media Group.

What is Salem Media Group's official website?

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

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 805-987-0400 or via email at [email protected]


MarketBeat Community Rating for Salem Media Group (NASDAQ SALM)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  180 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  390
MarketBeat's community ratings are surveys of what our community members think about Salem Media Group and other stocks. Vote "Outperform" if you believe SALM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SALM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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