Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $6.31 USD
Change Today -0.04 / -0.63%
Volume 12.6K
SALM On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 8:10 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

salem media group inc (SALM) Snapshot

Open
$6.33
Previous Close
$6.35
Day High
$6.33
Day Low
$6.27
52 Week High
11/10/14 - $11.00
52 Week Low
05/6/15 - $4.38
Market Cap
160.6M
Average Volume 10 Days
31.9K
EPS TTM
$0.33
Shares Outstanding
19.9M
EX-Date
09/14/15
P/E TM
18.9x
Dividend
$0.26
Dividend Yield
4.08%
Current Stock Chart for SALEM MEDIA GROUP INC (SALM)

salem media group inc (SALM) Related Bloomberg News

View More Bloomberg News

salem media group inc (SALM) Related Businessweek News

View More BusinessWeek News

salem media group inc (SALM) Details

Salem Media Group, Inc. operates as a multi-media company in the United States. It operates in three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio networks, which produce and distribute talk, news, and music programming to radio stations in the United States, as well as sell commercial airtime to national advertisers and independent radio station affiliates. It also provides Christian and conservative-themed content, audio and video streaming, and other resources digitally through Christian content Websites, such as OnePlace.com, Christianity.com, Crosswalk.com, GodVine.com, Jesus.org, and BibleStudyTools.com; and conservative opinion Websites, such as Townhall.com, HotAir.com, Twitchy.com, HumanEvents.com, and RedState.com. The company also issues digital newsletters, including Eagle Financial Publications that provide market analysis and investment advice for individual subscribers; and operates Church product Websites, such as WorshipHouseMedia.com, SermonSpice.com, and ChurchStaffing.com that offer downloads and service platforms; and e-commerce sites, including Salem Consumer Products, an e-commerce business that sells books, DVD’s, and editorial content, and Eagle Wellness, an online site offering complimentary health advice and nutritional products. In addition, it publishes conservative books, such as Ann Coulter, Newt Gingrich, Michelle Malkin, David Limbaugh, Ed Klein, Laura Ingraham, Mark Steyn, and Dinesh D'Souza; and produces and distributes Christian and conservative opinion print magazines, including Homecoming The Magazine, YouthWorker Journal, Singing News, FaithTalk Magazine, and Preaching Magazine, as well as Xulon Press, a print-on-demand self-publishing service for Christian authors. The company was formerly known as Salem Communications Corporation and changed its name to Salem Media Group, Inc. in February 2015. Salem Media Group, Inc. was founded in 1986 and is headquartered in Camarillo, California.

1,230 Employees
Last Reported Date: 03/13/15
Founded in 1986

salem media group inc (SALM) Top Compensated Officers

Founder, Chief Executive Officer, Director an...
Total Annual Compensation: $1.3M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $448.7K
President of New Media
Total Annual Compensation: $663.1K
President of Broadcast Media
Total Annual Compensation: $522.6K
Compensation as of Fiscal Year 2014.

salem media group inc (SALM) Key Developments

Salem Media Group Names James Harrington as General Manager for the Salem Cluster of Stations in Colorado Springs

Salem Media Group announced that James Harrington has been appointed as General Manager for the Salem cluster of stations in Colorado Springs. Harrington joins Salem from his management position as Senior VP of Sales for iHeart Media group of stations in Bryan/College Station, Texas.

Salem Media Group, Inc. Announces Quarterly Cash Distribution, Payable on September 30, 2015

Salem Media Group, Inc. announced that its Board of Directors has declared a cash distribution for the second quarter of 2015 in the amount of $0.0650 per share. The cash distribution will be paid on September 30, 2015 to all Class A and Class B common stockholders of record as of September 16, 2015.

Salem Media Group, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015

Salem Media Group, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenue of $67,293,000 against $68,637,000 a year ago. Net operating income was $9,254,000 against $7,491,000 a year ago. Income from operations before income taxes was $5,826,000 against $2,090,000 a year ago. Net income was $3,523,000 or $0.14 per basic and diluted share against $1,263,000 or $0.05 per basic and diluted share a year ago. Adjusted EBITDA was $13,508,000 against $13,110,000 a year ago. EBITDA was $13,629,000 against $12,201,000 a year ago. Free cash flow was $7,470,000 against $6,503,000 a year ago. For the six months, the company reported total revenue of $129,149,000 against $130,981,000 a year ago. Net operating income was $14,957,000 against $12,822,000 a year ago. Income from operations before income taxes was $6,272,000 against $2,619,000 a year ago. Net income was $3,818,000 or $0.15 per basic and diluted share against $1,694,000 or $0.07 per basic and diluted share a year ago. Adjusted EBITDA was $24,297,000 against $23,857,000 a year ago. EBITDA was $23,799,000 against $22,327,000 a year ago. Free cash flow was $12,703,000 against $10,957,000 a year ago. For the third quarter of 2015, the company is projecting total revenue to decrease 3% to 5% over third quarter 2014 total revenue of $69.6 million. The third quarter of 2014 was benefited by both political revenue and the sales of two bestselling books. The company is also projecting operating expenses before gains or losses on the disposal of assets, impairment losses, depreciation, amortization and stock-based compensation expense to decline between 1% and 4% compared to the third quarter of 2014 operating expenses of $55.2 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SALM:US $6.31 USD -0.04

SALM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Emmis Communications Corp $1.29 USD +0.01
Entravision Communications Corp $7.42 USD -0.09
Saga Communications Inc $34.50 USD +0.20
Spanish Broadcasting System Inc $5.25 USD -0.20
Townsquare Media Inc $10.95 USD -0.22
View Industry Companies
 

Industry Analysis

SALM

Industry Average

Valuation SALM Industry Range
Price/Earnings 21.8x
Price/Sales 0.6x
Price/Book 0.8x
Price/Cash Flow 6.2x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SALEM MEDIA GROUP INC, please visit www.salem.cc. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.