Salem Media Group (SALM) Stock Price, News & Analysis

Company Overview

Salem Media Group, Inc. operates as a multimedia company in the United States. It operates in three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio stations; offers 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, audio and video streaming, and other resources digitally through BibleStudyTools.com, Crosswalk.com, Christianity.com, iBelieve.com, GodTube.com, OnePlace com, GodUpdates.com, CrossCards.com, ChristianHeadlines.com, LightSource.com, Townhall.com, HotAir.com, Twitchy.com, RedState.com, BearingArms.com, ConservativeRadio.com, and pjmedia.com, as well as through mobile applications. In addition, the company publishes digital newsletters consisting of 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 publishing services for books written by conservative and Christian authors; and a self-publishing service through Xulon Press and Mill City Press. The company was formerly known as Salem Communications Corporation and changed its name to Salem Media Group, Inc. in February 2015. Salem Media Group, Inc. was founded in 1974 and is based in Camarillo, California.

Key Stats

• Today's Range: $0.21 to $0.22
• 50-Day Range: $0.17 to $0.28
• 52-Week Range: $0.15 to $0.65
• Volume: 79,620 shs
• Average Volume: 75,028 shs
• Market Capitalization: $5.65 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SALM Stock Analysis - Frequently Asked Questions

How have SALM shares performed this year?

Salem Media Group's stock was trading at $0.39 at the beginning of 2024. Since then, SALM stock has decreased by 46.8% and is now trading at $0.2075.
View the best growth stocks for 2024 here.

How were Salem Media Group's earnings last quarter?

Salem Media Group, Inc. (NASDAQ:SALM) posted its quarterly earnings results on Wednesday, August, 4th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.09. The company earned $63.78 million during the quarter, compared to analyst estimates of $60.19 million. Salem Media Group had a negative trailing twelve-month return on equity of 5.79% and a negative net margin of 3.80%.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Salem Media Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Salem Media Group investors own include Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Advanced Micro Devices (AMD), Bionano Genomics (BNGO), Meta Platforms (META), Ashford Hospitality Trust (AHT) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 8/04/2021
• Today: 12/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Radio broadcasting stations
• Sub-Industry: Broadcasting
• Current Symbol: NASDAQ:SALM
• CUSIP: 79409310
• CIK: 1050606
• Web: www.salemmedia.com
• Phone: (469) 586-0080
• Fax: 805-384-4520
• Employees: 1,436
• Year Founded: 1986

Profitability

• EPS (Most Recent Fiscal Year): ($0.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-43,310,000.00
• Net Margins: -3.80%
• Pretax Margin: N/A
• Return on Equity: -5.79%
• Return on Assets: -1.62%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $261.57 million
• Price / Sales: 0.02
• Cash Flow: $0.80 per share
• Price / Cash Flow: 0.26
• Book Value: $6.44 per share
• Price / Book: 0.03

Miscellaneous

• Outstanding Shares: 27,220,000
• Free Float: N/A
• Market Cap: $5.65 million
• Optionable: Not Optionable
• Beta: 0.71