Salem Media Group, Inc. (SALM)

NASDAQ: SALM · IEX Real-Time Price · USD
1.78
+0.04 (2.30%)
At close: Oct 3, 2022 4:00 PM
1.72
-0.06 (-3.37%)
After-hours: Oct 3, 2022 7:09 PM EDT
2.30%
Market Cap 48.44M
Revenue (ttm) 266.40M
Net Income (ttm) 49.79M
Shares Out 27.21M
EPS (ttm) 1.75
PE Ratio 1.02
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 25,194
Open 1.74
Previous Close 1.74
Day's Range 1.72 - 1.79
52-Week Range 1.72 - 6.82
Beta 1.17
Analysts Buy
Price Target 5.74 (+222.5%)
Earnings Date Nov 2, 2022

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 32 FM radio stations and 69 AM 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; a... [Read more...]

Industry Media
IPO Date Jul 1, 1999
Employees 1,079
Stock Exchange NASDAQ
Ticker Symbol SALM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for SALM stock is "Buy." The 12-month stock price forecast is 5.74, which is an increase of 222.47% from the latest price.

Price Target
$5.74
(222.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Salem News Channel Adds Larry O'Connor to Prime Time Lineup in Partnership with Townhall.Com

IRVING, Texas--(BUSINESS WIRE)--Salem News Channel adds Larry O'Connor to Prime Time Lineup in Partnership with Townhall.Com

5 days ago - Business Wire

Salem Media Group Appoints Allen Power to President, Broadcast Media; Linnae Young and Jeff Reisman Also Promoted in ...

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. (NASDAQ: SALM) today announced several changes to the leadership structure of their Broadcast Media division which will take place at the beginnin...

3 weeks ago - Business Wire

Salem Media Updates Third Quarter Revenue Guidance

IRVING, Texas--(BUSINESS WIRE)--Updates Third Quarter Revenue Guidance

3 weeks ago - Business Wire

Salem Media Group announces Battleground Talkers Tour 2022

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group announces Battleground Talkers Tour 2022

1 month ago - Business Wire

Salem Media Hires Tara Loring as Eastern Regional Digital Sales Director

IRVING, Texas--(BUSINESS WIRE)--Salem Media hires Tara Loring as Eastern Regional Digital Sales Director

1 month ago - Business Wire

Salem Media Announces New Weekday Host Deborah Flora on Denver 710 KNUS

IRVING, Texas--(BUSINESS WIRE)--Salem Media Announces New Weekday Host Deborah Flora on Denver 710 KNUS

1 month ago - Business Wire

Salem Media Announces the Return of Recently Retired Morning Host Peter Boyles

IRVING, Texas--(BUSINESS WIRE)--Salem Media Announces the Return of Recently Retired Morning Host Peter Boyles

1 month ago - Business Wire

7 Cheap Bargain Stocks to Buy Now

As major indices remain down by double digits year-to-date (YTD), you may be on the prowl for cheap bargain stocks. Even as the market's downturn this year has been the result of a worsening macro pictu...

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1 month ago - InvestorPlace

Salem Media Announces New Weekday Morning Host George Brauchler on Denver, Colorado 710 KNUS

IRVING, Texas--(BUSINESS WIRE)--Salem Media Announces New Weekday Morning Host George Brauchler on Denver, Colorado 710 KNUS

1 month ago - Business Wire

Sekulow Brothers Podcast Launches on the Salem Podcast Network

IRVING, Texas--(BUSINESS WIRE)--Sekulow Brothers Podcast Launches on the Salem Podcast Network

1 month ago - Business Wire

Salem Media Announces Promotion of Jon Latzer

IRVING, Texas--(BUSINESS WIRE)--Salem Media Announces Promotion of Jon Latzer

1 month ago - Business Wire

Salem Media Group, Inc. Announces Second Quarter 2022 Total Revenue of $68.7 Million

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. Announces Second Quarter 2022 Total Revenue of $68.7 Million

1 month ago - Business Wire

Salem Media Group Schedules Second Quarter 2022 Earnings Release and Teleconference

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Schedules Second Quarter 2022 Earnings Release and Teleconference

2 months ago - Business Wire

Salem News Channel hires Pahigian as VP/GM

IRVING, Texas--(BUSINESS WIRE)--Salem News Channel hires Pahigian as VP/GM

2 months ago - Business Wire

Salem Podcast Network Welcomes Morgan Zegers to Its Line-Up

IRVING, Texas--(BUSINESS WIRE)--Salem Podcast Network Welcomes Morgan Zegers to Its Line-Up

2 months ago - Business Wire

Nationally Syndicated Host Amanda Carroll Joins Salem's Life Audio Podcast Network

IRVING, Texas--(BUSINESS WIRE)--Nationally Syndicated Host Amanda Carroll joins Salem's Life Audio Podcast Network

2 months ago - Business Wire

Liberty Station Podcast Joins Salem Podcast Network

IRVING, Texas--(BUSINESS WIRE)--Liberty Station Podcast Joins Salem Podcast Network

2 months ago - Business Wire

Salem News Channel Begins Top and Bottom of the Hour News

IRVING, Texas--(BUSINESS WIRE)--Salem News Channel Begins Top and Bottom of the Hour News

2 months ago - Business Wire

Salem Signs Julie Hartman to a Joint TV/Radio/Podcast Agreement

IRVING, Texas--(BUSINESS WIRE)--Salem Signs Julie Hartman to a Joint TV/Radio/Podcast Agreement

4 months ago - Business Wire

Salem Media Group to Present at the LD Micro Invitational XII

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group to Present at the LD Micro Invitational XII

4 months ago - Business Wire

2000 Mules Becomes the Most Successful Political Documentary in a Decade, Seen by 1 Million

IRVING, Texas--(BUSINESS WIRE)--2000 Mules Becomes the Most Successful Political Documentary in a Decade, Seen by 1 Million

4 months ago - Business Wire

Award-Winning NBC reporter Michele Tafoya joins the Salem Podcast Network

IRVING, Texas--(BUSINESS WIRE)--Former NBC reporter Michele Tafoya joins the Salem Podcast Network

4 months ago - Business Wire

Salem Media Group, Inc. Announces First Quarter 2022 Total Revenue of $62.6 Million

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. Announces First Quarter 2022 Total Revenue of $62.6 Million

4 months ago - Business Wire

Salem Media Signs Brandon Tatum to Replace Larry Elder

IRVING, Texas--(BUSINESS WIRE)--Salem Media Signs Brandon Tatum to Replace Larry Elder

4 months ago - Business Wire

6 A-Rated Penny Stocks to Buy In May

It's a crazy ride right now, but for those of you looking for some high-risk, high-reward prospects, these penny stocks should fit the bill. The post 6 A-Rated Penny Stocks to Buy In May appeared first ...

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4 months ago - InvestorPlace