Salem Media Group Stock News

Salem Media Group, Inc. (SALM) CEO David Santrella on Q4 2021 Results - Earnings Call Transcript

Salem Media press release (SALM): Q4 GAAP EPS of $0.61 beats by $0.55.Revenue of $69.1M (+7.1% Y/Y) beats by $1.77M.

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group, Inc. Announces Fourth Quarter 2021 Total Revenue of $69.1 Million

In last trading session, Salem Media Group Inc. (NASDAQ:SALM) saw 0.35 million shares changing hands with its beta currently measuring 1.16. Company’s recent per share price level of $3.50 trading at -$0.07 or -1.96% at ring of the bell on the day assigns it a market valuation of $92.02M. That closing price of SALM’s stock … Salem Media Group Inc. (NASDAQ:SALM) Stock Has Risen 14.38% YTD, What Do Analysts Anticipate Next? Read More »

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Schedules Fourth Quarter 2021 Earnings Release and Teleconference

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Schedules Fourth Quarter 2021 Earnings Release and Teleconference

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Salem Media Group???s (SALM) AM 560 restructures its news and traffic operations, transitions Mike Scott to full-time anchor and brings in two new anchors to the station.

Despite uncertainties stemming from the COVID-19 pandemic, Entravision (EVC), Salem Media (SALM) and WideOpenWest (WOW) maintained a solid growth momentum in 2021.

IRVING, Texas--(BUSINESS WIRE)--Benton woman wins mortgage payments for a year from Salem Media Group and Sax Homes

What does Wall Street think of the late Monday announcement that the current CEO of Salem Media Group will step aside on January 1 and transition to the newly created role of Executive Chairman of the Board of Directors? Investors seem to be pleased with the succession plan, as Salem stock soared by nearly 13% in midday trading on Nasdaq.

Spartan Capital analyst Barry Sine initiated coverage of Salem Media Group Inc (NASDAQ: SALM ) with a Buy and $6 price target, implying an upside of 114.3%. Salem is primarily a radio broadcasting company delivering Christian and conservative content via its 100 owned stations and 3,100 affiliates, Sine said. Salem''s Dennis Praeger and Charlie Kirk are picking up many independent affiliates following the death Full story available on Benzinga.com

In a deal that''s just been consummated and filed for approval with the Commission, Salem Media Group is adding to its properties in Tampa-St. Petersburg by reacquiring a Class B AM radio station in the market. The facility, licensed to Brandon, Fla., will help Salem bring a third radio brand just two years after spinning the stations.

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces the Addition of Pastor Lenny Gaines'' Praise Party on the Salem Music Network