About Salem Media Group (NASDAQ:SALM)
Salem 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
- Market Cap: $165.85 million
- Outstanding Shares: 26,118,000
- 50 Day Moving Avg: $6.36
- 200 Day Moving Avg: $6.90
- 52 Week Range: $5.00 - $8.25
Sales & Book Value:
- Trailing P/E Ratio: 21.97
- Foreward P/E Ratio: 12.45
- P/E Growth: 3.69
- Annual Revenue: $273.06 million
- Price / Sales: 0.61
- Book Value: $8.22 per share
- Price / Book: 0.77
- Annual Dividend: $0.26
- Dividend Yield: 4.1%
- EBITDA: $46.09 million
- Net Margins: 2.75%
- Return on Equity: 6.26%
- Return on Assets: 2.28%
- Debt-to-Equity Ratio: 1.16%
- Current Ratio: 0.98%
- Quick Ratio: 0.96%
- 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?
Who are some of Salem Media Group's key competitors?
Some companies that are related to Salem Media Group include Civeo Corporation (CVEO), FTD Companies (FTD), Barnes & Noble Education (BNED), Iconix Brand Group (ICON), Weyco Group (WEYS), Lifetime Brands (LCUT), Bridgepoint Education (BPI), NACCO Industries (NC), RCI Hospitality Holdings (RICK), China Online Education Group (COE), Francesca's Holdings Corporation (FRAN), Drive Shack (DS), Red Lion Hotels Corporation (RLH), Escalade, Incorporated (ESCA), Century Casinos (CNTY), Container Store (The) (TCS), Townsquare Media (TSQ) and Gaia (GAIA).
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?
MarketBeat Community Rating for Salem Media Group (NASDAQ SALM)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.
One share of Salem Media Group stock can currently be purchased for approximately $6.35.
Consensus Ratings for Salem Media Group (NASDAQ:SALM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Salem Media Group (NASDAQ:SALM)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/8/2017||Noble Financial||Reiterated Rating||Buy||Low|
Earnings History for Salem Media Group (NASDAQ:SALM)Earnings History by Quarter for Salem Media Group (NASDAQ SALM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/7/2017||Q2 2017||$0.07||$0.10||$67.47 million||$66.11 million||View||Listen|
|5/8/2017||Q1 2017||$0.08||$0.04||$65.27 million||$64.98 million||View||Listen|
|11/7/2016||Q316||$0.12||$0.08||$68.78 million||$71.30 million||View||Listen|
|5/4/2016||Q116||$0.03||$0.01||$63.43 million||$64.60 million||View||N/A|
|3/9/2016||Q415||$0.02||$0.20||$66.95 million||$69.10 million||View||N/A|
|11/9/2015||Q315||$0.10||$0.08||$66.60 million||$67.49 million||View||N/A|
|8/5/2015||Q215||$0.04||$0.14||$66.35 million||$67.30 million||View||N/A|
|5/6/2015||Q115||($0.01)||$0.02||$61.06 million||$61.90 million||View||N/A|
|3/10/2015||Q414||$0.15||$0.01||$66.60 million||$65.90 million||View||N/A|
|11/6/2014||$0.13||$0.15||$64.77 million||$69.60 million||View||N/A|
|11/5/2013||Q313||$0.12||$0.21||$57.41 million||$58.50 million||View||N/A|
|8/6/2013||Q2 2013||$0.13||$0.20||$59.30 million||$60.10 million||View||N/A|
|11/8/2012||Q312||$0.09||$0.13||$57.12 million||$56.70 million||View||N/A|
Earnings Estimates for Salem Media Group (NASDAQ:SALM)
Current Year EPS Consensus Estimate: $0.3 EPS
Next Year EPS Consensus Estimate: $0.51 EPS
Current Dividend Information for Salem Media Group (NASDAQ:SALM)
|Most Recent Dividend:||9/29/2017|
|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 History by Quarter for Salem Media Group (NASDAQ SALM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Salem Media Group (NASDAQ:SALM)
Insider Ownership Percentage: 60.04%Insider Trades by Quarter for Salem Media Group (NASDAQ:SALM)
Institutional Ownership Percentage: 30.51%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/25/2017||Edward G Atsinger III||CEO||Sell||483||$7.45||$3,598.35|| |
|6/28/2017||Christopher J Henderson||SVP||Sell||108||$7.50||$810.00|| |
|6/28/2017||Edward G Atsinger III||CEO||Sell||3,528||$7.45||$26,283.60|| |
|6/13/2017||Christopher J. Henderson||SVP||Sell||5,215||$7.40||$38,591.00|| |
|6/12/2017||Edward G Atsinger III||CEO||Sell||10,270||$7.31||$75,073.70|| |
|6/2/2017||Edward G Atsinger III||CEO||Sell||17,979||$7.06||$126,931.74|| |
|5/25/2017||Christopher J Henderson||SVP||Sell||3,296||$6.94||$22,874.24|| |
|5/25/2017||David Evans||Insider||Sell||4,910||$6.94||$34,075.40|| |
|5/25/2017||Evan D Masyr||CFO||Sell||3,305||$6.94||$22,936.70|| |
|5/10/2017||David Evans||Insider||Sell||3,251||$7.75||$25,195.25|| |
|4/4/2017||David Evans||Insider||Sell||97||$7.75||$751.75|| |
|3/30/2017||David Evans||Insider||Sell||11,893||$7.53||$89,554.29|| |
|3/21/2017||David Evans||Insider||Sell||2,255||$7.50||$16,912.50|| |
|7/12/2016||David P Santrella||Insider||Sell||827||$8.03||$6,640.81|| |
|7/11/2016||David P Santrella||Insider||Sell||39,173||$8.01||$313,775.73|| |
|7/5/2016||David Evans||Insider||Sell||34,996||$7.35||$257,220.60|| |
|7/5/2016||Evan D Masyr||CFO||Sell||78,000||$7.55||$588,900.00|| |
|6/3/2016||David Evans||Insider||Sell||12,558||$6.90||$86,650.20|| |
|5/27/2016||David Evans||Insider||Sell||9,847||$6.75||$66,467.25|| |
|5/19/2016||Eric H Halvorson||Director||Buy||3,000||$6.47||$19,410.00|| |
|8/11/2015||Eric H Halvorson||Director||Buy||5,000||$6.26||$31,300.00|| |
|11/19/2014||Christopher J Henderson||SVP||Sell||7,000||$8.00||$56,000.00|| |
|11/12/2014||David P Santrella||Insider||Sell||7,316||$8.00||$58,528.00|| |
|11/11/2014||David P Santrella||Insider||Sell||1,434||$8.01||$11,486.34|| |
|11/10/2014||Greg Anderson||Insider||Sell||5,000||$8.00||$40,000.00|| |
|7/1/2014||Christopher J Henderson||SVP||Sell||8,750||$9.50||$83,125.00|| |
|6/9/2014||Edward G Atsinger III||CEO||Sell||73,758||$8.60||$634,318.80|| |
|5/29/2014||Edward G Atsinger III||CEO||Sell||6,190||$8.63||$53,419.70|| |
|3/19/2014||Christopher Henderson||SVP||Sell||10,555||$10.02||$105,761.10|| |
|3/18/2014||Francis Wright||COO||Buy||2,310||$9.86||$22,776.60|| |
|3/17/2014||Francis Wright||COO||Buy||5,000||$10.00||$50,000.00|| |
|3/14/2014||Christopher Henderson||SVP||Sell||2,445||$10.00||$24,450.00|| |
|3/14/2014||David Evans||Insider||Sell||1,405||$10.00||$14,050.00|| |
|3/11/2014||Francis Wright||COO||Buy||2,500||$9.48||$23,700.00|| |
|3/11/2014||Greg Anderson||Insider||Sell||11,750||$9.52||$111,860.00|| |
|3/7/2014||Greg Anderson||Insider||Sell||8,333||$9.43||$78,580.19|| |
|12/23/2013||Christopher Henderson||SVP||Sell||6,700||$9.50||$63,650.00|| |
|12/23/2013||David Evans||Insider||Sell||2,235||$9.50||$21,232.50|| |
|12/16/2013||David Evans||Insider||Sell||2,381||$9.25||$22,024.25|| |
|11/29/2013||Roland Hinz||Director||Sell||6,655||$9.00||$59,895.00|| |
|11/25/2013||David Evans||Insider||Sell||11,780||$8.96||$105,548.80|| |
|11/11/2013||David Santrella||Insider||Sell||20,750||$8.82||$183,015.00|| |
|11/7/2013||David Evans||Insider||Sell||13,225||$8.81||$116,512.25|| |
|11/6/2013||Christopher Henderson||SVP||Sell||6,943||$8.72||$60,542.96|| |
|10/22/2013||Christopher J Henderson||SVP||Sell||1,218||$8.50||$10,353.00|| |
|9/24/2013||Christopher Henderson||SVP||Sell||5,730||$8.50||$48,705.00|| |
|9/17/2013||Christopher Henderson||SVP||Sell||15,000||$8.25||$123,750.00|| |
|9/17/2013||David Evans||Insider||Sell||1,225||$8.25||$10,106.25|| |
|8/26/2013||Greg Anderson||Insider||Sell||3,970||$8.02||$31,839.40|| |
|8/8/2013||Christopher Henderson||SVP||Sell||1,157||$8.01||$9,267.57|| |
|7/2/2013||Christopher J Henderson||SVP||Sell||5,000||$8.00||$40,000.00|| |
|5/24/2013||Christopher J Henderson||SVP||Sell||3,000||$7.75||$23,250.00|| |
|5/24/2013||Greg Anderson||Insider||Sell||19,584||$7.69||$150,600.96|| |
|5/15/2013||Christopher J Henderson||SVP||Sell||2,000||$7.44||$14,880.00|| |
|5/14/2013||Evan D Masyr||CFO||Sell||1,282||$7.54||$9,666.28|| |
|5/13/2013||David P Santrella||Insider||Sell||1,230||$7.55||$9,286.50|| |
|1/17/2013||David P Santrella||Insider||Sell||3,063||$5.50||$16,846.50|| |
Headline Trends for Salem Media Group (NASDAQ:SALM)
Latest Headlines for Salem Media Group (NASDAQ:SALM)
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Salem Media Group (SALM) Chart for Sunday, October, 22, 2017