NASDAQ
SALM

Salem Media Group Inc

Broadcasting
Communication Services

Prices are adjusted according to historical splits.

Salem Media Group Inc Stock Price

Vitals

Today's Low:
$0.56
Today's High:
$0.59
Open Price:
$0.59
52W Low:
$0.54
52W High:
$2.26
Prev. Close:
$0.56
Volume:
29765

Company Statistics

Market Cap.:
$15.12 million
Book Value:
6.001
Revenue TTM:
$264.94 million
Operating Margin TTM:
1.48%
Gross Profit TTM:
$47.08 million
Profit Margin:
-9.94%
Return on Assets TTM:
0.48%
Return on Equity TTM:
-14.94%

Company Profile

Salem Media Group Inc had its IPO on 1999-07-01 under the ticker symbol SALM.

The company operates in the Communication Services sector and Broadcasting industry. Salem Media Group Inc has a staff strength of 1,147 employees.

Stock update

Shares of Salem Media Group Inc opened at $0.59 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.56 - $0.59, and closed at $0.56.

This is a +0.02% increase from the previous day's closing price.

A total volume of 29,765 shares were traded at the close of the day’s session.

In the last one week, shares of Salem Media Group Inc have slipped by -11.1%.

Salem Media Group Inc's Key Ratios

Salem Media Group Inc has a market cap of $15.12 million, indicating a price to book ratio of 0.1641 and a price to sales ratio of 0.1059.

In the last 12-months Salem Media Group Inc’s revenue was $264.94 million with a gross profit of $47.08 million and an EBITDA of $14.19 million. The EBITDA ratio measures Salem Media Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Salem Media Group Inc’s operating margin was 1.48% while its return on assets stood at 0.48% with a return of equity of -14.94%.

In Q2, Salem Media Group Inc’s quarterly earnings growth was a positive 312.5% while revenue growth was a negative 4.2%.

Salem Media Group Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG
3.69

Its diluted EPS in the last 12-months stands at $-0.95 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 3.69. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Salem Media Group Inc’s profitability.

Salem Media Group Inc stock is trading at a EV to sales ratio of 0.88 and a EV to EBITDA ratio of 5.9047. Its price to sales ratio in the trailing 12-months stood at 0.1059.

Salem Media Group Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$507.25 million
Total Liabilities
$77.80 million
Operating Cash Flow
$0
Capital Expenditure
$2.71 million
Dividend Payout Ratio
0%

Salem Media Group Inc ended 2024 with $507.25 million in total assets and $0 in total liabilities. Its intangible assets were valued at $507.25 million while shareholder equity stood at $163.32 million.

Salem Media Group Inc ended 2024 with $0 in deferred long-term liabilities, $77.80 million in other current liabilities, 288000.00 in common stock, $-51993000.00 in retained earnings and $23.50 million in goodwill. Its cash balance stood at $2000.00 and cash and short-term investments were $2000.00. The company’s total short-term debt was $32,585,000 while long-term debt stood at $152.30 million.

Salem Media Group Inc’s total current assets stands at $46.06 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $29.53 million compared to accounts payable of $4.10 million and inventory worth $1.31 million.

In 2024, Salem Media Group Inc's operating cash flow was $0 while its capital expenditure stood at $2.71 million.

Comparatively, Salem Media Group Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$0.56
52-Week High
$2.26
52-Week Low
$0.54
Analyst Target Price
$3.67

Salem Media Group Inc stock is currently trading at $0.56 per share. It touched a 52-week high of $2.26 and a 52-week low of $2.26. Analysts tracking the stock have a 12-month average target price of $3.67.

Its 50-day moving average was $0.82 and 200-day moving average was $1.04 The short ratio stood at 1.46 indicating a short percent outstanding of 0%.

Around 4083.4% of the company’s stock are held by insiders while 1610.7% are held by institutions.

Frequently Asked Questions About Salem Media Group Inc

The stock symbol (also called stock or share ticker) of Salem Media Group Inc is SALM

The IPO of Salem Media Group Inc took place on 1999-07-01

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About

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 operates Salem Podcast Network, a platform for conservative, political, news, and family-oriented podcasts. It also provides Christian, conservative, investing content, e-commerce, 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, CCMmagazine.com,Townhall.com, RedState.com, pjmedia.com, Twitchy.com, HotAir.com, BearingArms.com, as well as mobile applications. In addition, the company publishes digital newsletters, 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 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 provides digital marketing service. The company was founded in 1974 and is based in Irving, Texas.

Address

6400 North Belt Line Road, Irving, TX, United States, 75063