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Salem Media Group, Inc. (SALM)

Stock Price: $1.74 USD 0.07 (3.89%)
Updated Aug 3, 2020 3:59 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 36.66M
Revenue (ttm) 251.68M
Net Income (ttm) -83.37M
Shares Out 21.13M
EPS (ttm) -3.13
PE Ratio n/a
Forward PE n/a
Dividend $0.18
Dividend Yield 10.37%

Stock Quote

Trading Day Aug 3, 2020
Last Price $1.74
Previous Close $1.67
Change ($) 0.07
Change (%) 3.89%
Day's Open 1.73
Day's Range 1.67 - 1.78
Day's Volume 556,828
52-Week Range 0.65 - 2.62

More Stats

Market Cap 36.66M
Enterprise Value 323.05M
Earnings Date (est) Aug 5, 2020
Ex-Dividend Date Mar 23, 2020
Shares Outstanding 21.13M
Float 12.10M
EPS (basic) -3.13
EPS (diluted) -3.13
FCF / Share 0.33
Dividend $0.18
Dividend Yield 10.37%
Earnings Yield n/a
FCF Yield 23.80%
Payout Ratio n/a
Shares Short 363,916
Short Ratio 0.29
Short % of Float 3.34%
Beta 1.58
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 4.20
PS Ratio 0.15
PB Ratio 0.35
Revenue 251.68M
Operating Income -25.27M
Net Income -83.37M
Free Cash Flow 8.72M
Net Cash -286.39M
Net Cash / Share -13.55
Gross Margin 20.39%
Operating Margin -10.04%
Profit Margin -33.10%
FCF Margin 3.47%
ROA 1.76%
ROE -47.02%
ROIC -5.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$2.02*
(16.43% upside)
Low
1.80
Current: $1.74
High
2.25
Target: 2.02
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue254263264274266267237229218206
Revenue Growth-3.38%-0.36%-3.86%3.21%-0.28%12.49%3.38%5.05%5.67%-
Gross Profit51.3158.4860.0965.5464.8165.6067.0666.4870.3268.09
Operating Income-8.2417.0422.9527.3931.3129.3534.5330.4942.0036.63
Net Income-27.84-3.1924.648.8711.155.48-2.744.435.621.93
Shares Outstanding26.5026.1826.0725.6725.4325.3424.9424.5824.4824.09
Earnings Per Share-1.05-0.120.940.340.430.21-0.110.180.230.08
EPS Growth--176.47%-20.93%104.76%---21.74%187.5%-
Dividend Per Share0.220.260.260.260.260.250.210.14-0.20
Dividend Growth-15.38%0%0%0%6.12%17.79%48.57%---
Operating Cash Flow17.0122.9627.3338.8736.1341.9328.7031.0831.1322.56
Capital Expenditures-7.79-9.34-8.58-10.03-11.87-10.07-10.64-8.55-7.52-7.82
Free Cash Flow9.2313.6218.7528.8324.2631.8518.0622.5323.6114.74
Cash & Equivalents0.010.120.000.130.100.030.070.380.180.93
Total Debt292254259262275278291269275305
Net Cash / Debt-292-254-259-262-275-277-291-269-275-304
Assets558559573590596583575562561574
Liabilities369337342379386379373356358378
Book Value190222231211210204202206203196
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Salem Media Group, Inc.
Country United States
Employees 1,133
CEO Edward G. Atsinger

Stock Information

Ticker Symbol SALM
Stock Exchange NASDAQ
Sector Communication Services
Industry Broadcasting
Unique Identifier NASDAQ: SALM
IPO Date July 1, 1999

Description

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, Website, satellite services, and music networking to radio stations, as well as sells commercial airtime. It also provides Christian, conservative, 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, ConservativeRadio.com, and pjmedia.com. In addition, the company publishes digital newsletters that provide market analysis and non-individualized investment strategies; and operates Church product Websites comprising SermonSearch.com, ChurchStaffing.com, WorshipHouseMedia.com, SermonSpice.com, WorshipHouseKids.com, Preaching.com, ChristianJobs.com, Youthworker.com, Childrens-Ministry-Deals.com, JourneyBoxMedia.com, and Playblackmedia.com that offer resources to churches and ministries. Further, it offers publication of conservative, Christian, and history books; Xulon Press, a print-on-demand self-publishing service; and Mill City Press that publishes books, as well as Singing News print magazine. 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 1986 and is headquartered in Camarillo, California.