Salem Media Group (SALM) Earning Positive Media Coverage, Accern Reports
Media coverage about Salem Media Group (NASDAQ:SALM) has been trending positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Salem Media Group earned a media sentiment score of 0.49 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.2151104932295 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Salem Media Group Inc (SALM) Given $7.50 Average Target Price by Brokerages (americanbankingnews.com)
- Salem Media Group (SALM) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Financial Comparison: Beasley Broadcast Group (BBGI) vs. Salem Media Group (SALM) (americanbankingnews.com)
- Salem Media Group Inc (SALM) Receives Consensus Recommendation of “Strong Buy” from Brokerages (americanbankingnews.com)
SALM has been the topic of several research reports. ValuEngine raised Salem Media Group from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research lowered Salem Media Group from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Finally, Noble Financial reissued a “buy” rating on shares of Salem Media Group in a research report on Friday, November 10th.
Salem Media Group (NASDAQ:SALM) last released its quarterly earnings data on Tuesday, November 7th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.16). Salem Media Group had a net margin of 1.97% and a return on equity of 5.02%. The company had revenue of $65.43 million during the quarter, compared to analysts’ expectations of $68.43 million. equities research analysts anticipate that Salem Media Group will post 0.17 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Monday, December 18th were given a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 5.71%. The ex-dividend date was Friday, December 15th. Salem Media Group’s dividend payout ratio (DPR) is presently 130.00%.
About Salem Media Group
Salem Media Group, Inc, formerly Salem Communications Corporation, is a multi-media company specializing in Christian and Conservative content, with media properties consisting of radio broadcasting, digital media, and book, magazine and newsletter publishing. The Company operates through three segments: Broadcast, Digital Media and Publishing.
Receive News & Ratings for Salem Media Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salem Media Group and related companies with MarketBeat.com's FREE daily email newsletter.