EF Hutton initiated coverage on Salem Media Group with a new price target
$SALM
Broadcasting
Consumer Discretionary
EF Hutton initiated coverage of Salem Media Group with a rating of Buy and set a new price target of $6.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/8/2022 | $6.00 | Buy | EF Hutton |
| 12/22/2021 | $6.00 | Buy | Spartan Securities Group |
EF Hutton initiated coverage of Salem Media Group with a rating of Buy and set a new price target of $6.00
Spartan Securities Group initiated coverage of Salem Media Group with a rating of Buy and set a new price target of $6.00
D - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Filer)
D - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Filer)
D - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Filer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
4 - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Issuer)
Salem Media Group, Inc. (OTCQX:SALM) announced today that it appointed Richard A. von Gnechten as Chairman of the Board, with responsibilities of overseeing Board and Annual Stockholders meetings. Mr. Edward G. Atsinger, III will retain the title of Executive Chairman with responsibilities of overseeing operations of the Company and will remain in this role through December 31, 2025. About Salem Media Group Salem Media Group is America's premier multimedia company specializing in Christian and conservative content. Through its national radio network, digital platforms, and publishing brands, Salem reaches millions daily with powerful content that drives the national conversation. Learn
Salem Media Group, Inc. (OTCQX:SALM) announced today that after nearly three decades of broadcasting excellence and faithful service to listeners across the Pacific Northwest, Georgene Rice has announced her retirement from both 93.9 KPDQ-FM (Portland) and 820 AM The Word-KGNW (Seattle). Her final broadcast of The Georgene Rice Show will air on Friday, August 29, 2025, marking the end of a remarkable career in Christian radio. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250807254365/en/Georgene Rice Known for her thoughtful commentary, engaging interviews, and unwavering commitment to biblical truth, Georgene has been a trust
Salem Media Group, Inc. (OTCQX:SALM) announced today its second quarter 2025 Quarterly Report has been posted on its investor relations website. About Salem Media Group Salem Media Group is America's premier multimedia company specializing in Christian and conservative content. Through its national radio network, digital platforms, and publishing brands, Salem reaches millions daily with powerful content that drives the national conversation. Learn more at salemmedia.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20250811144023/en/ Company Contact: Sara Broadwater [email protected]
Salem Media Group, Inc. (OTCQX:SALM) today announced the acquisition of Jim Fink's suite of investment advisory products, including Seasonal Stock Alert, Options for Income, Velocity Trader, and Inner Circle. In conjunction with the acquisition, Salem has launched a dedicated online platform for Fink's services at www.JimFinkInvesting.com. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250730854794/en/Jim Fink This acquisition strengthens Eagle Financial Publications, Salem's leading financial publishing division, by adding one of the industry's most respected options and trading strategists to its roster. Eagle's portfolio alre
Salem Media Group, Inc. (OTCQX:SALM) announced today that it has entered into a series of transactions pursuant to which it has repurchased all $159.4 million of its outstanding 7.125% Senior Secured Notes due 2028 (the "2028 Notes") at a $37.1 million discount, including accrued interest, has issued $40 million of a new series of convertible preferred stock, and has agreed to sell seven radio stations and enter into a marketing agreement for total consideration of $90 million. David Santrella, Salem's Chief Executive Officer said, "Upon the closing of these three transactions, we will have transformed and significantly improved Salem's balance sheet and capital structure. With the except
Salem Media Group, Inc. (OTCQX:SALM) announced today the sale of its principal office in Camarillo, California to Eclipse RE Holdings, LLC for $5.5 million, closing on May 1, 2024. Salem will leaseback the building for five years, an approximate 41,546 square foot building situated on approximately 121,532 (2.79 acres) square feet of CPD zoned land. ABOUT SALEM MEDIA GROUP: Salem Media Group is America's leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. Wi
SC 13G/A - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Subject)
Salem Media Group, Inc. (OTCQX:SALM) announced today that it appointed Richard A. von Gnechten as Chairman of the Board, with responsibilities of overseeing Board and Annual Stockholders meetings. Mr. Edward G. Atsinger, III will retain the title of Executive Chairman with responsibilities of overseeing operations of the Company and will remain in this role through December 31, 2025. About Salem Media Group Salem Media Group is America's premier multimedia company specializing in Christian and conservative content. Through its national radio network, digital platforms, and publishing brands, Salem reaches millions daily with powerful content that drives the national conversation. Learn
Salem Media Group, Inc. (OTCQX:SALM) announced today the retirement of Terry Fahy, a respected broadcast executive whose remarkable 43-year career with the company has shaped Christian media and local communities across the West Coast. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250520870831/en/Terry Fahy Terry began his career with Salem in 1982 as General Manager of KDAR-FM and quickly rose through the ranks to hold key leadership roles that have defined multiple generations of Christian radio. His roles have included General Sales Manager at KKLA-FM, Market Manager for Los Angeles, and Regional Vice President overseeing maj
Salem Media Group, Inc. (OTCQX:SALM) announced today the appointment of Richard von Gnechten and Jim Renacci to its Board of Directors, effective January 7, 2025. Messrs. von Gnechten and Renacci will stand for election to serve a full term on the Board of Directors at the 2025 Annual Meeting of Stockholders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250107626838/en/Richard von Gnechten (Photo: Business Wire) Salem Media Group's Executive Chairman, Edward G. Atsinger III, offered the following comment on these Board appointments: "I am delighted that Messrs. von Gnechten and Renacci have agreed to serve on Salem's Board of