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 |
D - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Filer)
D - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Filer)
D - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Filer)
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
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
Salem Media Group, Inc. (OTCQX:SALM) announced today the appointment of Brad Parscale as the company's Chief Strategy Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106008891/en/Brad Parscale (Photo: Business Wire) Parscale will contribute his innovative mindset, political experience, network, and technical insight to the expanding Salem Media Group mission and digital initiatives in this new role. Brad Parscale is a leading expert in digital marketing and online strategy, renowned for driving growth. As a digital architect and entrepreneur, Parscale has built and scaled companies through data-driven advertising, s
Salem Media Group, Inc. (OTCQX:SALM) announced today that SalemNOW, the leading Conservative and Christian streaming service, has released David Bossie's film: Trump's Rescue Mission: Saving America. A brilliant film producer and conservative powerhouse, David N. Bossie has led Citizens United for over 20 years and produced nearly 30 award-winning films. Bossie has served as Deputy Campaign Manager for Donald J. Trump for President and was the Deputy Executive Director for the Trump Transition Team. This year, he co-chaired the Republican National Convention in Milwaukee. Bossie's dynamic vision is fulfilled in his newest film – Trump's Rescue Mission: Saving America. Trump's Rescue Missi
SC 13G/A - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Subject)
Salem Media Group, Inc. (OTCQX:SALM) announced today that Salem Radio Network ("SRN") host Dennis Prager will be delayed in his return to the airwaves, due to a setback in his recovery from a spinal cord injury. In the meantime, SRN will continue the Jack Posobiec show in the 2pm ET hour, 11am PT. Jack has done a fabulous job there for months. SRN transitioned Charlie Kirk into the Dennis Prager hours of Noon to 2pm ET on March 31st, one month ago. While it is nearly impossible to replace an icon like Dennis, our affiliates have made that transition work. Listeners love the Charlie Kirk show, while at the same time are missing Dennis. We will continue to keep watching the recovery for Den
Salem Media Group, Inc. (OTCQX:SALM) announced today that it has entered into a strategic new agreement with KeepTheFaith, America's #1 syndicated faith-based music and entertainment radio show, to bring the program to 38 of its owned and operated broadcast signals nationwide. This move comes in direct response to strong listener demand and continued advertiser support, reaffirming KeepTheFaith's status as a cornerstone in inspirational broadcasting. The show currently airs on more than 230 stations across the U.S. and Canada, including 19 of the top 20 radio markets. Hosted by the dynamic trio of Keith Stevens, Donna Cruz, and "Penny," along with a cast of rotating contributors, KeepTheF
CAMARILLO, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Salem Media Group, Inc. (OTCQX:SALM) is proud to announce a powerful new addition to its growing lineup of fearless voices. Nationally syndicated talk radio host Joe Pags is launching a new podcast, "Unshaken and Unafraid." exclusively with Salem. Joe will be doing three episodes per week. This show marks a new chapter for one of conservative media's boldest voices. It's a significant step forward in Salem Media's mission to deliver trusted conservative content across radio, television, podcasts, and streaming. Joe Pags has interviewed hundreds of high-profile figures, including multiple exclusive conversations with President Donald J
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 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
Salem Media Group, Inc. (NASDAQ:SALM) announced today that it has reached an agreement with Skyhorse Publishing to sell Regnery Publishing. The company expects to close the transaction by the end of the year. David Evans, Chief Operating Officer of Salem Media, said, "We are thrilled to pass the torch of the oldest and most respected conservative publishing company in America to Free Speech advocate Tony Lyons and his incredibly successful Skyhorse Publishing. Salem is committed to the dissemination of conservative ideas and is excited that Skyhorse will both be a powerful steward of this important brand and an engine for its future growth." Tony Lyons, President and Publisher of Skyhor