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Last $6.36 USD
Change Today -0.093 / -1.44%
Volume 22.8K
SALM On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 3:37 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

salem media group inc (SALM) Snapshot

Open
$6.50
Previous Close
$6.45
Day High
$6.53
Day Low
$6.28
52 Week High
11/10/14 - $11.00
52 Week Low
05/6/15 - $4.38
Market Cap
161.6M
Average Volume 10 Days
216.0K
EPS TTM
$0.28
Shares Outstanding
19.9M
EX-Date
06/12/15
P/E TM
23.1x
Dividend
$0.26
Dividend Yield
4.06%
Current Stock Chart for SALEM MEDIA GROUP INC (SALM)

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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, Inc. Declares Cash Distribution for the Second Quarter of 2015, Payable on June 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 June 30, 2015 to all Class A and Class B common stockholders of record as of June 16, 2015.

Salem Media Group, Inc. Presents at Three Part Advisors East Coast IDEAS Investor Conference 2015, Jun-04-2015 09:20 AM

Salem Media Group, Inc. Presents at Three Part Advisors East Coast IDEAS Investor Conference 2015, Jun-04-2015 09:20 AM. Venue: Boston Park Plaza, 50 Park Plaza at Arlington St., Boston, MA 02116, United States.

Salem Communications Reports Consolidated Unaudited Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for Second Quarter of 2015

Salem Communications reported consolidated unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $61,856,000 against $62,344,000 a year ago. Net operating was $5,703,000 against $5,331,000 a year ago. Income from operations before income taxes was $446,000 against $529,000 a year ago. Net income was $295,000 against net income of $431,000 a year ago. Basic and diluted income per share was $0.01 against basic and diluted per share of $0.02 a year ago. EBITDA was $10,170,000 against EBITDA of $10,126,000 a year ago. Adjusted EBITDA was $10,789,000 against EBITDA of $10,747,000 a year ago. Capital expenditures were $2,040,000 against $2,935,000 a year ago. For the quarter, total revenue declined 0.8%, but in a non-political year, the company is pretty pleased with that result. More significantly, its recurring operating expenses declined by 1.1%, resulting in an increase of adjusted EBITDA of 0.4% and, probably more significantly, a 17.5% increase in free cash flow. For the second quarter of 2015, the company is projecting total revenue to decrease 2% to 4% over second quarter 2014 total revenue of $68.6 million. The second quarter of 2014 was benefited by both political revenue and the sales of two bestselling books. Excluding the impact of these items, the company would be projecting total revenue to be between flat and down 2%. 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 be between flat and up 3% compared to the second quarter of 2014 operating expenses of $55.5 million.

 

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SALM:US $6.36 USD -0.093

SALM Competitors

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Company Last Change
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Entravision Communications Corp $8.26 USD +0.155
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Industry Analysis

SALM

Industry Average

Valuation SALM Industry Range
Price/Earnings 31.5x
Price/Sales 0.6x
Price/Book 0.8x
Price/Cash Flow 6.9x
TEV/Sales NM Not Meaningful
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