Salem Media Group, Inc. (SALM)
Market Cap | 10.21M |
Revenue (ttm) | 261.57M |
Net Income (ttm) | -45.75M |
Shares Out | 27.22M |
EPS (ttm) | -1.68 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 15,144 |
Open | 0.360 |
Previous Close | 0.340 |
Day's Range | 0.360 - 0.390 |
52-Week Range | 0.240 - 1.120 |
Beta | 0.82 |
Analysts | Strong Buy |
Price Target | 4.50 (+1,100.0%) |
Earnings Date | Mar 6, 2024 |
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 33 FM radio stations and 70 radio stations; offers programs on the Family Talk Christian-themed talk format station on SiriusXM Channel 131; provides 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 ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for SALM stock is "Strong Buy" and the 12-month stock price forecast is $4.5.
News
Salem Media Group has Released its Year-End 2023 Annual Report
CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group has Released its Year-End 2023 Financial Reporting Package.
Salem Media Group Announces Plan to Sell Its Contemporary Christian Music Stations in Nashville and Honolulu
CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group Announces Plan to Sell Its Contemporary Christian Music Stations in Nashville and Honolulu.
Top 3 Tech & Telecom Stocks That Are Preparing To Pump This Month - AMC Enter Hldgs (NYSE:AMC), Salem Media Group (NASDAQ:SALM)
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Anderson Receives Corporate VP Stripes and Murphy Elevated to Twin Cities GM at Salem Media Group
IRVING, Texas--(BUSINESS WIRE)--Anderson Receives Corporate VP Stripes and Murphy Elevated to Twin Cities GM at Salem Media Group.
INSERTING and REPLACING Salem Media Group Announces Voluntary Delisting from the Nasdaq Global Market
IRVING, Texas--(BUSINESS WIRE)--Insert of four additional paragraphs after paragraph two. The updated release reads: SALEM MEDIA GROUP ANNOUNCES VOLUNTARY DELISTING FROM THE NASDAQ GLOBAL MARKET Salem...
Salem Media Group Announces Voluntary Delisting from the Nasdaq Global Market
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. (the “Company”) (NASDAQ: SALM) announced today that it has given formal notice to the Nasdaq Stock Market of its intention to voluntarily delist...
Salem Media Group Announces New Revolving Credit Facility with Siena Lending Group
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces New Revolving Credit Facility with Siena Lending Group.
Salem Media Group Announces the Sale of Regnery Publishing
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) announced today that it has reached an agreement with Skyhorse Publishing to sell Regnery Publishing. The company expects to clos...
Salem Media Group, Inc. Announces Third Quarter 2023 Total Revenue of $63.5 Million
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. Announces Third Quarter 2023 Total Revenue of $63.5 Million.
Salem Media Group Schedules Third Quarter 2023 Earnings Release and Teleconference
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Schedules Third Quarter 2023 Earnings Release and Teleconference.
Salem Media Group Announces Partnership with Just The News
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces Partnership with Just The News.
Salem Media Group's La Nueva Poderosa 670 AM Partners with The Weather Channel en Español
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group's La Nueva Poderosa 670 AM Partners with The Weather Channel en Español.
Salem Media Group Announces Plan to Sell Its Salem Church Product Business
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces Plan to Sell Its Salem Church Product Business.
Salem Media Group Announces New Podcast with Dr. Joseph Casciani on the Senior Resource Podcast Network
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces New Podcast with Dr. Joseph Casciani on the Senior Resource Podcast Network.
Salem Media Announces New Kids Podcast with Rachael Groll of Hearing Jesus on the LifeAudio Podcast Network
IRVING, Texas--(BUSINESS WIRE)--Salem Media Announces New Kids Podcast with Rachael Groll of Hearing Jesus on the LifeAudio Podcast Network.
Salem Media Group Announces Plan to Sell Its Greenville Radio Stations
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces Plan to Sell Its Greenville Radio Stations.
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The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
Salem Media Group, Inc. Announces Second Quarter 2023 Total Revenue of $65.8 Million
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. Announces Second Quarter 2023 Total Revenue of $65.8 Million.
Salem Media Group Schedules Second Quarter 2023 Earnings Release and Teleconference
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Schedules Second Quarter 2023 Earnings Release and Teleconference.
Salem Media Announces Management Changes
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) announced today some changes to the management structure of the company in a limited number of markets. These changes provide som...
Top 5 Tech And Telecom Stocks That May Rocket Higher This Month - Vinco Ventures (NASDAQ:BBIG), Kubient (NASDAQ:KBNT)
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
Salem Media Group, Inc. Announces First Quarter 2023 Total Revenue of $63.5 Million
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. Announces First Quarter 2023 Total Revenue of $63.5 Million.
Salem Media Group Schedules First Quarter 2023 Earnings Release and Teleconference
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Schedules First Quarter 2023 Earnings Release and Teleconference.
Salem Media Group Announces New Podcast with Meredith Chen on the Senior Resource Podcast Network
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) announced today the launch of the podcast show Senior Fitness with Meredith on Salem-owned SeniorResource.com. Host Meredith Chen...
Salem Media Group Announces New Podcast with Lena Armuth on the Senior Resource Podcast Network
IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) announced today the launch of the podcast show Retirement for Real on Salem-owned SeniorResource.com. Retirement for Real is an i...