Headlines about Salem Media Group (NASDAQ:SALM) have been trending positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Salem Media Group earned a daily sentiment score of 0.47 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.2092843089926 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s rankings:
- Salem Renews Radio Host’s Contract (sfvbj.com)
- Salem Media Group : Signs Morning Co-Host Brian Whitman to Extension (4-traders.com)
- Salem Media Group, Inc. : SALM-US: Dividend Analysis : September 22nd, 2017 (record date) : By the numbers : October 10, 2017 (finance.yahoo.com)
- Salem Media Group Signs Morning Co-Host Brian Whitman to Extension (finance.yahoo.com)
- Zacks Investment Research Downgrades Salem Media Group, Inc. (SALM) to Sell (americanbankingnews.com)
A number of equities analysts have issued reports on the company. Zacks Investment Research upgraded Salem Media Group from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. ValuEngine upgraded Salem Media Group from a “hold” rating to a “buy” rating in a report on Thursday, August 10th. Finally, Noble Financial restated a “buy” rating on shares of Salem Media Group in a report on Tuesday, August 8th.
Salem Media Group (NASDAQ:SALM) last announced its earnings results on Monday, August 7th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.07 by $0.03. Salem Media Group had a return on equity of 6.26% and a net margin of 2.75%. The company had revenue of $66.11 million for the quarter, compared to analyst estimates of $67.47 million. Analysts forecast that Salem Media Group will post $0.25 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 22nd were given a dividend of $0.065 per share. The ex-dividend date was Thursday, September 21st. This represents a $0.26 annualized dividend and a dividend yield of 4.03%. Salem Media Group’s payout ratio is 92.86%.
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.
What are top analysts saying about Salem Media Group Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Salem Media Group Inc. and related companies.