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SALM

SALM - Salem Media Group Inc Stock Price, Fair Value and News

0.37USD-0.01 (-2.63%)Market Closed

Market Summary

SALM
USD0.37-0.01
Market Closed
-2.63%

SALM Stock Price

View Fullscreen

SALM RSI Chart

SALM Valuation

Market Cap

10.9M

Price/Earnings (Trailing)

-0.24

Price/Sales (Trailing)

0.04

EV/EBITDA

-5.41

Price/Free Cashflow

-2.9

SALM Price/Sales (Trailing)

SALM Profitability

EBT Margin

-21.61%

Return on Equity

-34.62%

Return on Assets

-9.71%

Free Cashflow Yield

-34.45%

SALM Fundamentals

SALM Revenue

Revenue (TTM)

261.6M

Rev. Growth (Yr)

-5.03%

Rev. Growth (Qtr)

-3.46%

SALM Earnings

Earnings (TTM)

-45.8M

Earnings Growth (Yr)

-163.33%

Earnings Growth (Qtr)

-341.18%

Breaking Down SALM Revenue

Last 7 days

-9.5%

Last 30 days

11.8%

Last 90 days

46.2%

Trailing 12 Months

-65.1%

How does SALM drawdown profile look like?

SALM Financial Health

Current Ratio

0.66

Debt/Equity

1.15

Debt/Cashflow

-0.02

SALM Investor Care

Dividend Yield

72.22%

Dividend/Share (TTM)

0.26

Diluted EPS (TTM)

-1.68

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023267.8M264.9M261.6M0
2022261.5M266.4M267.3M267.0M
2021237.3M248.3M253.6M258.2M
2020251.7M239.9M236.4M236.2M
2019259.5M257.9M256.5M253.9M
2018262.6M262.7M262.8M262.8M
2017274.7M273.1M267.2M263.7M
2016268.5M269.0M272.8M274.3M
2015266.0M264.7M262.6M265.8M
2014243.7M252.2M263.3M266.5M
2013230.5M233.0M234.8M236.9M
2012221.3M223.5M225.7M229.2M
2011209.3M211.6M214.7M218.2M
20100201.6M204.0M206.5M
2009000199.2M
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Salem Media Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 02, 2022
santrella david p
acquired
-
-
6,684
chief executive officer
Mar 01, 2022
evans david
acquired
-
-
8,170
chief operating officer
Nov 22, 2021
epperson stuart w
gifted
-
-
-162,000
-
Nov 09, 2021
santrella david p
acquired
40,850
1.36167
30,000
president - broadcast media
Nov 09, 2021
santrella david p
sold
-121,353
4.0451
-30,000
president - broadcast media
Nov 09, 2021
masyr evan d
sold
-318,454
4.14924
-76,750
evp & cfo
Nov 09, 2021
masyr evan d
acquired
171,345
2.23251
76,750
evp & cfo
Nov 08, 2021
santrella david p
sold
-162,508
4.0627
-40,000
president - broadcast media
Nov 08, 2021
santrella david p
acquired
109,600
2.74
40,000
president - broadcast media
Oct 22, 2021
henderson christopher j
acquired
30,312
4.85
6,250
evp, general counsel & secy

1–10 of 50

Which funds bought or sold SALM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
sold off
-100
-780
-
 -%
Mar 11, 2024
VANGUARD GROUP INC
unchanged
-
-109,918
214,338
 -%
Feb 26, 2024
Virtu Financial LLC
new
-
12,000
12,000
 -%
Feb 15, 2024
JANE STREET GROUP, LLC
new
-
5,593
5,593
 -%
Feb 14, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
new
-
3,903
3,903
 -%
Feb 14, 2024
CITADEL ADVISORS LLC
added
277
10,684
17,841
 -%
Feb 14, 2024
EARNEST PARTNERS LLC
sold off
-100
-1,475
-
 -%
Feb 14, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
reduced
-20.24
-186,673
208,200
 -%
Feb 14, 2024
RBF Capital, LLC
unchanged
-
-6,840
13,338
 -%

1–10 of 37

Are Funds Buying or Selling SALM?

Are funds buying SALM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SALM
No. of Funds

Unveiling Salem Media Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 15, 2022
epperson stuart w
10.45%
2,240,170
SC 13G/A
Feb 16, 2021
dimensional fund advisors lp
0.0%
300
SC 13G/A
Feb 12, 2021
epperson stuart w
16.95%
3,597,890
SC 13G/A
Mar 24, 2020
gamco investors, inc. et al
1.51%
319,000
SC 13D/A
Feb 18, 2020
salem media group, inc. /de/
15.30%
3,232,632
SC 13G/A
Feb 12, 2020
dimensional fund advisors lp
5.72%
1,207,658
SC 13G/A
Dec 17, 2019
gamco investors, inc. et al
1.82%
384,000
SC 13D/A

Recent SEC filings of Salem Media Group Inc

View All Filings
Date Filed Form Type Document
Feb 09, 2024
15-12G
15-12G
Jan 29, 2024
EFFECT
EFFECT
Jan 25, 2024
8-K
Current Report
Jan 19, 2024
S-8 POS
Employee Benefits Plan
Jan 19, 2024
S-8 POS
Employee Benefits Plan
Jan 19, 2024
S-8 POS
Employee Benefits Plan
Jan 19, 2024
S-8 POS
Employee Benefits Plan
Jan 19, 2024
S-8 POS
Employee Benefits Plan
Jan 19, 2024
POS AM
POS AM

Peers (Alternatives to Salem Media Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MID-CAP
NYT
6.9B
2.4B
 -3.88% 4.92%
29.49
2.83
 5.10% 33.63%
TGNA
2.4B
2.9B
 -7.47% -22.50%
5.01
0.82
 -11.23% -24.39%
SMALL-CAP
GTN
532.7M
3.3B
 -0.18% -
-7.01
0.16
 -10.75% -116.70%
GCI
372.0M
2.7B
 20.50% 34.64%
-13.39
0.14
 -9.57% 64.37%
CMLS
45.5M
844.5M
 -18.40% -27.63%
-0.39
0.05
 -11.43% -826.08%
BBGI
21.8M
247.1M
 -6.41% -3.96%
-0.29
0.09
 -3.62% -78.30%
EDUC
19.3M
57.0M
 20.32% -2.17%
79.92
0.34
 -40.68% 192.35%

Salem Media Group Inc News

Latest updates
Yahoo Movies UK • 27 hours ago
Salem Media Group (NASDAQ:SALM) shareholders have earned a 188% return over the last year
Defense World • 16 Apr 2024 • 06:25 am
Salem Media Group (NASDAQ:SALM) Research Coverage Started at StockNews.com
The Globe and Mail • 11 Apr 2024 • 01:55 pm
Salem Media Group, Inc. Announces Second Quarter 2022 Total Revenue of $68.7 Million
Marketscreener.com • 05 Apr 2024 • 02:09 pm
Salem Radio Network Announces New Radio/TV Show Focused on Issues Facing the House of Representatives ...
Insideradio.com • 3 months ago
Salem's Stock Jumps 30% At Its New OTC Markets Home.
Benzinga • 3 months ago
Top 3 Tech & Telecom Stocks That Are Preparing To Pump This Month - AMC Enter Hldgs (NYSE:AMC), Salem Med
Business Wire • 3 months ago
INSERTING and REPLACING Salem Media Group Announces Voluntary Delisting from the Nasdaq Global Market
Yahoo Finance • 3 months ago
Salem Media Group Announces New Revolving Credit Facility with Siena Lending Group
Simply Wall St • 8 months ago
Here's Why Salem Media Group (NASDAQ:SALM) Is Weighed Down By Its Debt Load
Radio Ink • 9 months ago
Salem Media Group Gets Nasdaq Delisting Warning

Salem Media Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-3.5%63,49765,77463,48968,81366,86268,68262,60969,12965,98363,78259,35364,47760,64152,87158,25064,63364,11664,68060,46967,18865,528
Costs and Expenses---------50,18458,14154,99758,08555,88953,75976,26062,96478,60359,07961,45363,51159,253
Operating Expenses42.8%99,78769,87567,66967,17975,64661,35457,63548,67750,18458,14154,997----------
  S&GA Expenses-3.0%4,5144,6554,9964,1264,8404,7814,8104,7194,2844,1924,2884,2853,8493,8504,2103,5544,1834,3323,8713,7483,987
EBITDA Margin-1071.7%-0.12*-0.01*0.05*0.08*0.15*0.28*0.27*0.27*0.22*0.14*0.12*0.03*0.01*-0.06*-0.03*0.04*0.04*0.13*0.11*0.14*0.14*
Interest Expenses2.5%3,6263,5393,4313,1353,1423,3893,3943,9124,0263,9353,9264,0064,0244,0134,0324,2904,4104,3714,4254,5494,507
Income Taxes-1465.4%-8,782-561-2,27684259.00-1,082-211-1,238837-488130-906401-2,38033,1593,2801,1084,892-5,3032,605564
Earnings Before Taxes-423.6%-40,079-7,655-7,430-1,365-11,8268,0351,52815,60222,9311,7694532,422730-4,895-22,045-1,232-18,8971,248-4,981-4551,771
EBT Margin-102.5%-0.22*-0.11*-0.05*-0.01*0.05*0.18*0.16*0.16*0.11*0.02*-0.01*-0.10*-0.12*-0.20*-0.16*-0.09*-0.09*-0.01*-0.03*0.00*0.00*
Net Income-341.2%-31,297-7,094-5,154-2,207-11,8859,1171,73916,84022,0942,2573233,328329-2,515-55,204-4,512-20,005-3,644322-3,0601,207
Net Income Margin-75.9%-0.17*-0.10*-0.04*-0.01*0.06*0.19*0.16*0.16*0.11*0.03*0.01*-0.23*-0.26*-0.34*-0.33*-0.11*-0.10*-0.02*-0.01*-0.01*0.08*
Free Cashflow139.1%1,974-5,048-2,734-4,43448.001,3232,1495,5812,385-1,1647,033-2,4582,0169,0685,5693754,546-3,3706,8035997,963
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-7.1%471507513505507515524516538532534525541541535558586611612559569
  Current Assets16.8%54.0046.0044.0045.0047.0048.0043.0042.0064.0056.0058.0046.0059.0051.0039.0042.0061.0041.0040.0044.0048.00
    Cash Equivalents-100.0%-0.000.00-1.003.00-2.0024.0020.0023.006.0019.0019.001.000.000.000.000.000.000.00
  Inventory5.7%1.001.002.002.001.002.001.001.001.001.001.000.001.001.001.000.001.001.001.001.001.00
  Net PPE-4.1%80.0083.0084.0081.0080.0080.0080.0079.0078.0079.0079.0079.0081.0084.0087.0088.0088.0095.0096.0096.0097.00
  Goodwill-3.1%23.0023.0025.0024.0024.0024.0024.0024.0024.000.0024.0024.0024.0024.0024.0024.0026.002.00---
Liabilities-1.4%339344343330330326344338378394398389409410401369392395392337342
  Current Liabilities4.7%81.0078.0076.0065.0060.0056.0057.0051.0048.0047.0049.0051.0068.0068.0058.0053.0065.0066.0066.0053.0053.00
  Long Term Debt0.2%153152152150156156168171209225225214214213213216228228228234240
    LT Debt, Current-9.2%21.0023.0018.009.00-0.00-----5.0017.0019.0014.0012.0018.0022.0016.0020.00-
    LT Debt, Non Current0.2%153152152150156156168171209225225214214213213216228228228234-
Shareholder's Equity-19.1%132163170175178189180178161138136135132131134190195216221222226
  Retained Earnings-60.2%-83.29-51.99-44.90-39.74-37.54-25.65-34.77-36.51-53.35-75.44-77.70-78.02-81.35-81.68-79.1723.00-18.114.009.0010.0015.00
  Additional Paid-In Capital0.1%249249249249249249249248248248247247247247247247247246245245245
Accumulated Depreciation-1.9%193196194192189187189186185185183180178177175173170174173171168
Shares Outstanding0%27.0027.0027.0027.0027.0027.0027.0027.0027.0027.0027.0027.0027.0027.0027.0027.0027.0027.0026.0026.0026.00
Float------26.00---37.00---15.00---31.00---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations168.4%1,974-2,884-570-2,2702,2123,4874,3137,7454,5491,0009,197-2944,18011,2327,7332,5396,710-1,2068,9672,76310,127
  Share Based Compensation-5.1%12913675.0056.0054.0068.0010679.0078.0084.0078.0072.0074.0096.00103171177936176180191
Cashflow From Investing-287.8%-1,544822-9,502-5,324-3,88713,189-4,8768,8365,974-4,5041,304-1,037-1,4551,645-2,09714,808-672-1,815-1,388-1,400-6,719
Cashflow From Financing-121.0%-4322,06110,0756,756-27.00-14,136-1,222-38,577-6,600-32.006,568-11,642-2,4754,918-4,389-17,348-6,0403,026-7,692-1,263-3,400
  Dividend Payments---------------6676671,7301,7281,7021,7021,702

SALM Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Total net revenue$ 63,497$ 66,862$ 192,760$ 198,153
Operating expenses:    
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $449 and $557 for the three months ended September 30, 2022 and 2023, respectively, and $1,350 and $1,626 for the nine months ended September 30, 2022 and 2023, respectively, paid to related parties)42,17141,178128,498120,837
Legal settlement03,82504,776
Digital media operating expenses, exclusive of depreciation and amortization shown below8,4968,33326,51625,079
Publishing operating expenses exclusive of depreciation and amortization shown below5,9396,54217,34116,441
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $82 and $0 for the three months ended September 30, 2022 and 2023, respectively, and $250 and $17 for the nine months ended September 30, 2022 and 2023, respectively, paid to related parties)4,5144,84014,16514,431
Debt modification costs020250
Depreciation2,8162,7378,5408,537
Amortization5612971,751963
Change in the estimated fair value of contingent earn-out consideration(100)0(102)(5)
Impairment of indefinite-lived long-term assets other than goodwill35,1137,72538,37611,660
Impairment of goodwill73302,580127
Net (gain) loss on the disposition of assets(456)167(334)(8,461)
Total operating expenses99,78775,646237,331194,635
Operating income (loss)(36,290)(8,784)(44,571)3,518
Other income (expense):    
Interest income141740166
Interest expense(3,626)(3,142)(10,596)(9,925)
Gain (loss) on early retirement of long-term debt00(60)(18)
Earnings (loss) from equity method investment7102(4)4,015
Net miscellaneous income and (expenses)(184)(19)27(19)
Net loss before income taxes(40,079)(11,826)(55,164)(2,263)
Provision for (benefit from) income taxes(8,782)59(11,619)(1,234)
Net loss$ (31,297)$ (11,885)$ (43,545)$ (1,029)
Basic loss per share data:    
Basic income per share$ (1.15)$ (0.44)$ (1.6)$ (0.04)
Diluted loss per share data:    
Diluted income per share$ (1.15)$ (0.44)$ (1.6)$ (0.04)
Basic weighted average shares outstanding27,216,78727,216,78727,216,78727,202,983
Diluted weighted average shares outstanding27,216,78727,216,78727,216,78727,202,983
Broadcast Revenue [Member]    
Total net revenue$ 48,966$ 51,136$ 146,986$ 152,020
Digital Media [Member]    
Total net revenue9,96510,18931,33531,293
Publishing [Member]    
Total net revenue$ 4,566$ 5,537$ 14,439$ 14,840

SALM Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 0$ 0
Accounts receivable (net of allowances of $7,939 in 2022 and $8,480 in 2023)29,55830,756
Unbilled revenue2,3602,890
Income tax receivable343195
Other receivables (net of allowances of $586 in 2022 and $640 in 2023)1,6211,817
Inventories1,3831,513
Prepaid expenses10,1867,619
Assets held for sale8,344267
Total current assets53,79545,057
Notes receivable (net of allowance of $571 in 2022 and $466 in 2023)952922
Property and equipment (net of accumulated depreciation of $191,638 in 2022 and $192,540 in 2023)80,07781,296
Operating lease right-of-use assets45,10643,671
Financing lease right-of-use assets7363
Broadcast licenses260,193303,774
Goodwill22,76624,085
Amortizable intangible assets (net of accumulated amortization of $59,383 in 2022 and $60,636 in 2023)4,2752,149
Deferred financing costs77681
Other assets3,9863,424
Total assets471,300505,122
Current liabilities:  
Accounts payable9,4846,539
Accrued expenses16,66617,495
Accrued compensation and related expenses9,12510,298
Accrued interest3,861949
Contract liabilities12,72511,901
Deferred rent income109122
Current portion of operating lease liabilities8,9008,305
Current portion of financing lease liabilities3643
Current portion of long-term debt20,5248,958
Total current liabilities81,43064,610
Long-term debt, less current portion152,611150,367
Operating lease liabilities, less current portion42,80842,406
Financing (capital) lease liabilities, less current portion3839
Deferred income taxes55,07766,732
Contract liabilities, long-term3,5341,886
Deferred rent income, less current portion3,5903,659
Other long-term liabilities6066
Total liabilities339,148329,765
Commitments and contingencies (Note 13)
Stockholders' Equity:  
Additional paid-in capital249,160248,820
Accumulated \deficit(83,290)(39,745)
Treasury stock, at cost (2,317,650 shares at December 31, 2022 and September 30, 2023)(34,006)(34,006)
Total stockholders' equity132,152175,357
Total liabilities and stockholders' equity471,300505,122
Common Class A [Member]  
Stockholders' Equity:  
Common stock232232
Common Class B [Member]  
Stockholders' Equity:  
Common stock$ 56$ 56

About Salem Media Group Inc

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 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.
 WEBSITEsalemmedia.com
 INDUSTRYMedia
 EMPLOYEES1147

Salem Media Group Inc Frequently Asked Questions

What is the ticker symbol for Salem Media Group Inc? What does SALM stand for in stocks?

SALM is the stock ticker symbol of Salem Media Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Salem Media Group Inc (SALM)?

As of Wed Apr 17 2024, market cap of Salem Media Group Inc is 10.89 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SALM stock?

You can check SALM's fair value in chart for subscribers.

What is the fair value of SALM stock?

You can check SALM's fair value in chart for subscribers. The fair value of Salem Media Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Salem Media Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SALM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Salem Media Group Inc a good stock to buy?

The fair value guage provides a quick view whether SALM is over valued or under valued. Whether Salem Media Group Inc is cheap or expensive depends on the assumptions which impact Salem Media Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SALM.

What is Salem Media Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, SALM's PE ratio (Price to Earnings) is -0.24 and Price to Sales (PS) ratio is 0.04. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SALM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Salem Media Group Inc's stock?

In the past 10 years, Salem Media Group Inc has provided -0.244 (multiply by 100 for percentage) rate of return.