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NASDAQ:SALM

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

$0.23
-0.01 (-4.17%)
(As of 06/28/2024 ET)
Today's Range
$0.23
$0.24
50-Day Range
$0.23
$0.40
52-Week Range
$0.20
$1.02
Volume
22,328 shs
Average Volume
27,020 shs
Market Capitalization
$6.26 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
SALM stock logo

About Salem Media Group Stock (NASDAQ:SALM)

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.

SALM Stock Price History

SALM Stock News Headlines

Trump’s arrest is phase one
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
Salem Media Statement
Trump’s arrest is phase one
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
Beth Bacall Joins Salem Music Network
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:SALM
CUSIP
79409310
Employees
1,436
Year Founded
1986

Profitability

Net Income
$-3,240,000.00
Pretax Margin
-21.61%

Debt

Sales & Book Value

Annual Sales
$266.97 million
Cash Flow
$0.66 per share
Book Value
$6.44 per share

Miscellaneous

Free Float
12,353,000
Market Cap
$6.26 million
Optionable
Not Optionable
Beta
0.85

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Key Executives


SALM Stock Analysis - Frequently Asked Questions

How have SALM shares performed in 2024?

Salem Media Group's stock was trading at $0.39 at the beginning of 2024. Since then, SALM stock has decreased by 41.0% and is now trading at $0.23.
View the best growth stocks for 2024 here
.

How were Salem Media Group's earnings last quarter?

Salem Media Group, Inc. (NASDAQ:SALM) announced its earnings results on Thursday, May, 9th. The company reported ($0.19) earnings per share for the quarter. The firm earned $58.61 million during the quarter. Salem Media Group had a negative trailing twelve-month return on equity of 8.47% and a negative net margin of 17.49%.

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

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

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), Biocept (BIOC).

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.
Compare Top Brokerages Here.

This page (NASDAQ:SALM) was last updated on 6/29/2024 by MarketBeat.com Staff

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