Last $9.35 USD
Change Today -0.17 / -1.79%
Volume 24.9K
SALM On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 8:10 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

salem communications -cl a (SALM) Snapshot

Open
$9.47
Previous Close
$9.52
Day High
$9.49
Day Low
$9.17
52 Week High
03/19/14 - $10.34
52 Week Low
08/21/13 - $7.20
Market Cap
233.0M
Average Volume 10 Days
27.5K
EPS TTM
$0.61
Shares Outstanding
19.6M
EX-Date
06/12/14
P/E TM
15.3x
Dividend
$0.24
Dividend Yield
2.41%
Current Stock Chart for SALEM COMMUNICATIONS -CL A (SALM)

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salem communications -cl a (SALM) Details

Salem Communications Corporation operates as a multi-media company in the United States. It operates through Radio Broadcast, Internet, and Publishing segments. The company owns and operates radio stations in metropolitan markets; and operates radio networks, which produce and distribute programming, such as talk, news, and music programming to various radio stations in the United States, as well as sell commercial airtime to national advertisers on its radio stations and networks, and on independent radio station affiliates. It also operates Internet portals, such as Twitchy.com, OnePlace.com, Christianity.com, Crosswalk.com, BibleStudyTools.com, GodTube.com, Townhall.com, HotAir.com, WorshipHouseMedia.com, SermonSpice.com, GodVine.com, ChurchStaffing.com, and Jesus.org that offers Christian and conservative themed content, audio and video streaming, and other resources; radio station Websites; and Salem consumer products, a Website offering books, DVD’s, and editorial content. In addition, the company produces and distributes Christian and conservative opinion print magazines, including Homecoming, The Magazine, YouthWorker Journal, Singing News, FaithTalk Magazine, Preaching Magazine, and Townhall Magazine, as well as Xulon Press, a print-on-demand self-publishing service for Christian authors. It primarily serves not-for-profit charitable organizations and commercial advertisers. Salem Communications Corporation was founded in 1986 and is headquartered in Camarillo, California.

1,203 Employees
Last Reported Date: 03/3/14
Founded in 1986

salem communications -cl a (SALM) Top Compensated Officers

Founder, Chief Executive Officer, Director an...
Total Annual Compensation: $1.1M
President of New Media
Total Annual Compensation: $533.4K
President of Radio Division
Total Annual Compensation: $444.2K
Compensation as of Fiscal Year 2013.

salem communications -cl a (SALM) Key Developments

Salem Communications Corp. Announces Executive Changes, Effective July 1, 2014

Salem Communications Corporation announced that long time Pittsburgh General Manager Chuck Gratner is retiring effective July 1, 2014 after 50 years in radio. Chuck has worked for Salem Communications for the last 23 years, managing the company's cluster in Pittsburgh which includes Christian Teaching and Talk formatted WORD 101.5 FM and Christian Teaching and Talk WPIT 73 AM. Chuck will be replaced by the stations' General Sales Manager Tom Lemmon who has been with Salem in Pittsburgh almost 12 years.

Salem Communications Announces the Opening of Little Rock's FaithTalk 99.5 FM Open House

Salem Communications announced that it will celebrate the opening of Little Rock's FaithTalk 99.5 FM (KDIS-FM) with an open house of the station's new studios. The event is planned for June 10, 2014 with brief remarks from Salem senior executives. KDIS is the newest Christian Teaching and Talk station in Salem's station line-up of 41 stations in its foundational format. The new FaithTalk 99.5 FM studios are located at 415 North McKinley Street, Suite 700 in Little Rock, Arkansas.

Salem Communications Corporation Declares Quarterly Cash Distribution Payable on June 30, 2014

Salem Communications Corporation announced that its Board of Directors has increased its quarterly cash distribution from $0.0575 per share to $0.0600 per share. The cash distribution will be paid on June 30, 2014 to all Class A and Class B common stockholders of record as of June 16, 2014.

 

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SALM:US $9.35 USD -0.17

SALM Competitors

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Entravision Communications Corp $5.93 USD -0.13
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Industry Analysis

SALM

Industry Average

Valuation SALM Industry Range
Price/Earnings 14.7x
Price/Sales 1.0x
Price/Book 1.2x
Price/Cash Flow 7.4x
TEV/Sales NM Not Meaningful
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