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Salem Media Group, Inc. (SALM)

NASDAQ: SALM · IEX Real-Time Price · USD
2.91 -0.16 (-5.21%)
Nov 26, 2021 9:30 AM EST - Market open
Market Cap84.36M
Revenue (ttm)253.60M
Net Income (ttm)28.00M
Shares Out28.99M
EPS (ttm)1.03
PE Ratio2.82
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume29,214
Open3.18
Previous Close3.07
Day's Range2.91 - 2.91
52-Week Range0.98 - 6.82
Beta1.28
AnalystsStrong Buy
Price Target5.13 (+76.3%)
Earnings DateNov 4, 2021

About SALM

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 content, e-commerce, audio and video streaming, and other resources digitally through Christian content websites, including BibleStudyTools.com, Cro...

IndustryMedia
IPO DateJul 1, 1999
Employees1,076
Stock ExchangeNASDAQ
Ticker SymbolSALM
Full Company Profile

Financial Performance

In 2020, SALM's revenue was $236.24 million, a decrease of -6.96% compared to the previous year's $253.90 million. Losses were -$54.06 million, 94.2% more than in 2019.

Financial Statements

Analyst Forecast

According to one analyst, the rating for SALM stock is "Strong Buy" and the 12-month stock price forecast is 5.13.

Price Target
$5.13
(76.29% upside)
Analyst Consensus: Strong Buy

News

Salem Media Group Announces the Extension of Jennifer Horn's Agreement with the ‘Morning Answer Show'

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces the Extension of Jennifer Horn's Agreement with the Morning Answer Show

1 week ago - Business Wire

Salem Media Group to Present at the Upcoming Q4 Investor Summit Conference

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group to Present at the Upcoming Q4 Investor Summit Conference

2 weeks ago - Business Wire

Salem Communications (SALM) Beats Q3 Earnings and Revenue Estimates

Salem Communications (SALM) delivered earnings and revenue surprises of 81.25% and 6.42%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Salem Media Group, Inc. Announces Third Quarter 2021 Total Revenue of $66.0 Million

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. Announces Third Quarter 2021 Total Revenue of $66.0 Million

3 weeks ago - Business Wire

What's in the Offing for Salem Media's (SALM) Q3 Earnings?

Salem Media's (SALM) third-quarter 2021 results will likely reflect benefits from rapid digitization in the core areas of advertising and growing inclination of readers toward the Internet.

3 weeks ago - Zacks Investment Research

Salem Communications (SALM) Reports Next Week: Wall Street Expects Earnings Growth

Salem Communications (SALM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 weeks ago - Zacks Investment Research

Salem Media Group Schedules Third Quarter 2021 Earnings Release and Teleconference

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Schedules Third Quarter 2021 Earnings Release and Teleconference

1 month ago - Business Wire

Reddit Penny Stocks To Watch Right Now Thanks To Trump's DWAC Stock

Why these current and former penny stocks are moving right now. The post Reddit Penny Stocks To Watch Right Now Thanks To Trump's DWAC Stock appeared first on Penny Stocks to Buy, Picks, News and Inform...

Other symbols:CRTDGRNQ
1 month ago - PennyStocks

Best Penny Stocks to Watch as DWAC Stock and PHUN Stock Climb

Check these penny stocks out as DWAC stock and PHUN stock continue to climb The post Best Penny Stocks to Watch as DWAC Stock and PHUN Stock Climb appeared first on Penny Stocks to Buy, Picks, News and ...

Other symbols:IZEAKIQ
1 month ago - PennyStocks

Trump-Linked SPAC Has Traders Also Focused On These 6 Stocks

The second half of October has been one of the most active periods for the stock market in quite some time. Not only did the major indexes, including the SPDR S&P 500 ETF (NYSE: SPY) and SPDR Dow Jones ...

1 month ago - Benzinga

3 Hot Penny Stocks for Friday: What's Going on With TTOO, SALM and GROM Today?

Investors are tracking hot penny stocks that are on the move today with a few names getting quite a bit of attention on Friday. The post 3 Hot Penny Stocks for Friday: What's Going on With TTOO, SALM an...

Other symbols:GROMTTOO
1 month ago - InvestorPlace

SALM Stock: Why Salem Media Investors Are Feeling Trumptastic Today

Salem Media (SALM) stock is getting a boost today as former President Donald Trump shakes up the stock market with social media plans. The post SALM Stock: Why Salem Media Investors Are Feeling Trumptas...

Other symbols:BYNDDWACGREEGROM
1 month ago - InvestorPlace

4 Penny Stocks For Your List As Trump's DWAC Stock Breaks The Internet

New Trump stock, DWAC sends bullish shockwave across penny stocks. The post 4 Penny Stocks For Your List As Trump's DWAC Stock Breaks The Internet appeared first on Penny Stocks to Buy, Picks, News and ...

Other symbols:GROMIZEAPHUN
1 month ago - PennyStocks

Penny Stocks To Buy Today? 3 To Watch After Trump Media DWAC Jumps

These penny stocks jumped alongside DWAC stock, are they worth watching? The post Penny Stocks To Buy Today?

Other symbols:GROMNXTP
1 month ago - PennyStocks

Has Salem Media Group (SALM) Outpaced Other Consumer Discretionary Stocks This Year?

Is (SALM) Outperforming Other Consumer Discretionary Stocks This Year?

1 month ago - Zacks Investment Research

Salem Communications (SALM) Is Attractively Priced Despite Fast-paced Momentum

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Salem Communications (SALM) could be a great choice. It is one of the several stocks t...

1 month ago - Zacks Investment Research

Salem Podcast Network Launches the Doug Collins Podcast

IRVING, Texas--(BUSINESS WIRE)--Salem Podcast Network Launches the Doug Collins Podcast

1 month ago - Business Wire

Salem Media Group Announces Participation in Noble Capital Markets C-Suite Interview Series

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces Participation in Noble Capital Markets C-Suite Interview Series

1 month ago - Business Wire

Salem Media Group to Present at the Upcoming 14th Annual LD Micro Main Event Investor Conference

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group to Present at the Upcoming 14th Annual LD Micro Main Event Investor Conference

1 month ago - Business Wire

After 30 Years at Orlando's WTLN, Allan Dempsey Retires From the Air Chair

IRVING, Texas--(BUSINESS WIRE)--After 30 Years at Orlando's WTLN, Allan Dempsey Retires from the Air Chair

1 month ago - Business Wire

Salem Communications (SALM) Hits 52-Week High, Can the Run Continue?

Salem Communications (SALM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 month ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for October 1st

ENVA, SALM, LGIH, and DLA made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 1, 2021.

Other symbols:DLAENVALGIH
1 month ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for September 29th

AZO, SALM, CDOR, and WSM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 29, 2021.

Other symbols:AZOCDORWSM
1 month ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for September 29th

SALM, TGH, CC, and RM made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 29, 2021.

Other symbols:CCRMTGH
1 month ago - Zacks Investment Research

Salem Communications (SALM) Shows Fast-paced Momentum But Is Still a Bargain Stock

Salem Communications (SALM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are s...

1 month ago - Zacks Investment Research