Salem Media Group Overview
- Year Founded
-
1986
- Status
-
Public
- Employees
-
1,436
- Stock Symbol
-
SALM
- Investments
-
84
- Share Price
-
$0.56
- (As of Wednesday Closing)
Salem Media Group General Information
Description
Salem Media Group Inc is a domestic multimedia company with integrated operations including radio broadcasting, digital media, and publishing. The company has three operating segments, Broadcast, Digital Media, and Publishing. Broadcast engaged in foundational business is radio broadcasting, which includes the ownership and operation of radio stations in large metropolitan markets; Digital media-based businesses provide Christian, conservative, investing, and health-themed content, e-commerce, audio and video streaming, and other resources digitally through the web; publishing operating segment includes two businesses: (1) Regnery Publishing and Salem Books and Salem Author Services, a self-publishing service for authors through Xulon Press and Mill City Press.
Contact Information
Website
www.salemmedia.comCorporate Office
- 6400 North Belt Line Road
- Irving, TX 75063
- United States
Corporate Office
- 6400 North Belt Line Road
- Irving, TX 75063
- United States
Salem Media Group Stock Performance
As of 15-Jan-2025, Salem Media Group’s stock price is $0.56. Its current market cap is $15.2M with 27.2M shares.
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.56 | $0.70 | $0.15 - $0.85 | $15.2M | 27.2M | 81.3K | -$1.68 |
Salem Media Group Financials Summary
As of 30-Sep-2023, Salem Media Group has a trailing 12-month revenue of $262M.
|
In Thousands, USD |
TTM 30-Sep-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 | FY 2020 31-Dec-2020 |
|---|---|---|---|---|
| EV | 243,361 | 234,659 | 319,276 | 296,785 |
| Revenue | 261,573 | 266,966 | 258,247 | 236,239 |
| EBITDA | (29,441) | 21,872 | 69,372 | 6,344 |
| Net Income | (45,752) | (3,236) | 41,514 | (54,062) |
| Total Assets | 471,300 | 505,122 | 516,112 | 524,571 |
| Total Debt | 224,917 | 210,118 | 221,563 | 275,634 |
Salem Media Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Salem Media Group Comparisons
Industry
Financing
Details
Salem Media Group Competitors (5)
One of Salem Media Group’s 5 competitors is Cox Media Group, a Private Equity-Backed company based in Atlanta, GA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cox Media Group | Private Equity-Backed | Atlanta, GA | ||||
| Townsquare Media | Formerly PE-Backed | Purchase, NY | ||||
| iHeartMedia | Formerly PE-Backed | San Antonio, TX | ||||
| Ströer | Formerly PE-Backed | Leverkusen, Germany | ||||
| Cumulus Media | Formerly VC-backed | Atlanta, GA |
Salem Media Group Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Salem Media Group Investments & Acquisitions (84)
Salem Media Group’s most recent deal was a Merger/Acquisition with Gilder Report. The deal was made on 01-Feb-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Gilder Report | 01-Feb-2023 | Merger/Acquisition | Publishing | ||
| Salem Media Group (KKOL-AM Radio Station in Seattle, Washington) | 02-Dec-2022 | Corporate Asset Purchase | Buildings and Property | ||
| Fenix Broadcasting Corporation (WWFE AM 670 and FM translator on 103.1 (W276DV)) | 18-Oct-2022 | Corporate Asset Purchase | Buildings and Property | ||
| Actualidad Media Group (Wmym Am 990 and its Translator on FM 98.7 based in Doral, Florida) | 17-Oct-2022 | Corporate Asset Purchase | Buildings and Property | ||
| DayTradeSPY | 01-Oct-2022 | Merger/Acquisition | Education and Training Services (B2B) |
Salem Media Group ESG
Risk Overview
Risk Rating
Updated April, 01, 2022
19.17 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,860
Rank
Percentile
Media
Industry
of 293
Rank
Percentile
Broadcasting
Subindustry
of 67
Rank
Percentile
Salem Media Group Exits (9)
Salem Media Group’s most recent exit was on 10-Sep-2015 from WBIX-AM. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| WBIX-AM | 10-Sep-2015 | Completed |
|
||
| WSJW-AM | 01-Jan-2011 | Completed |
|
||
| Radio Broadcast Communications (WAMD (970 AM)) | 18-Jul-2008 | Completed |
|
||
| Journal Communications (KOTK AM in Omaha, Nebraska) | 07-Dec-2005 | Completed |
|
||
| Eternal Broadcasting (KCRO-AM in Omaha, Nebraska) | 01-Sep-2005 | Corporate Asset Purchase | Completed |
Affiliates
Subsidiaries (26)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| TradersCrux | WA | 2013 | |
| Twitchy | Arlington, TX | 2012 | |
| Children's Ministry Deals | Richmond, VA | 2011 | |
| Retirement Media | King of Prussia, PA | 2011 | |
| Godvine | Richmond, VA | 2010 |
Salem Media Group FAQs
-
When was Salem Media Group founded?
Salem Media Group was founded in 1986.
-
Where is Salem Media Group headquartered?
Salem Media Group is headquartered in Irving, TX.
-
What is the size of Salem Media Group?
Salem Media Group has 1,436 total employees.
-
What industry is Salem Media Group in?
Salem Media Group’s primary industry is Broadcasting, Radio and Television.
-
Is Salem Media Group a private or public company?
Salem Media Group is a Public company.
-
What is Salem Media Group’s stock symbol?
The ticker symbol for Salem Media Group is SALM.
-
What is the current stock price of Salem Media Group?
As of 15-Jan-2025 the stock price of Salem Media Group is $0.56.
-
What is the current market cap of Salem Media Group?
The current market capitalization of Salem Media Group is $15.2M.
-
What is Salem Media Group’s current revenue?
The trailing twelve month revenue for Salem Media Group is $262M.
-
Who are Salem Media Group’s competitors?
Cox Media Group, Townsquare Media, iHeartMedia, Ströer, and Cumulus Media are competitors of Salem Media Group.
-
What is Salem Media Group’s annual earnings per share (EPS)?
Salem Media Group’s EPS for 12 months was -$1.68.
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