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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
Salem Media Group, Inc. (OTCQX:SALM) and the Breitbart News Network announced today the launch of "The Alex Marlow Show – A Breitbart News Podcast" beginning November 6, 2024, on the Salem Podcast Network. The podcast will be hosted by Alex Marlow, the editor-in-chief of Breitbart News Network, where he started as Andrew Breitbart's first employee at the age of 21. Marlow is the author of two New York Times best-selling books, Breaking the News and Breaking Biden. He has been on the cover of Time and Newsweek, named in Forbes's 30 Under 30, and called "perhaps the most significant media figure in America." This new podcast is a joint production of the Salem Podcast Network and the Breitba
Salem Media Group, Inc. (OTCQX:SALM) announced today that SalemNOW, the leading Conservative and Christian streaming service, is now streaming Dinesh D'Souza's explosive documentary "Vindicating Trump". Originally released in theaters, "Vindicating Trump" is being released in conjunction with Dinesh D'Souza's book of the same name and delves deep into the various forms of "assassination" faced by Trump—from character and political to legal assaults, and even an attempted physical assassination. "Vindicating Trump" features exclusive interviews with Lara Trump, Trump's daughter-in-law and co-chair of the Republican National Committee, Alina Habba, Trump's attorney, and a comprehensive one-
Salem Media Group, Inc. (OTCQX:SALM) announced today that LifeAudio, a leading Christian podcast network of Salem Media Group, is thrilled to announce its newest partnership with Jesus Calling. The Jesus Calling podcast brings heartfelt encouragement and spiritual wisdom to listeners, offering a daily message that brings hope and strengthens faith. Known for its popular devotional series, the podcast will now provide a new platform for its audience to engage with meaningful, faith-driven content through LifeAudio's expansive reach. Jesus Calling joins LifeAudio's established lineup of faith-based podcasts, which provides biblically-centered resources, devotionals, and inspirational conten
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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
Salem Media Group, Inc. (the "company") (NASDAQ:SALM) released its results for the three and nine months ended September 30, 2023. Third Quarter 2023 Results For the three months ended September 30, 2023 compared to the three months ended September 30, 2022: Consolidated Total revenue decreased 5.0% to $63.5 million from $66.9 million; Total operating expenses increased 31.9% to $99.8 million from $75.6 million; Operating expenses, excluding stock-based compensation expense, debt modification costs, gains and losses on the sale or disposition of assets, impairments, depreciation expense and amortization expense (1) increased 0.2% to $61.0 million from $60.8 million; Operat
The most oversold stocks in the communication services presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. AMC Entertainment Holdings, Inc. (NYSE:AMC) On Jan. 7, AMC Entertainment announced that the “Taylor Swift – The Eras Tour” co
Shares of DatChat, Inc. (NASDAQ:DATS) fell sharply in pre-market trading after announcing a proposed underwritten public offering of common stock. DatChat shares dipped 33.1% to $2.13 in pre-market trading Here are some other stocks moving in pre-market trading. Gainers RiskOn International, Inc. (NASDAQ:ROI) shares rose 51.3% to $0.2250 in pre-market trading. Meta Materials Inc. (NASDAQ:MMAT) shares jumped 33.2% to $0.0966 in pre-market trading after surging over 20% on Tuesday. LQR House Inc. (NASDAQ:LQR) gained 25.2% to $2.53 in pre-market trading after dipping 45% on Tuesday. LQR House announced an increase of its share buyback program to $5 million. Kintara Therapeutics, Inc.
Gainers Society Pass (NASDAQ:SOPA) shares increased by 8.8% to $0.26 during Wednesday's pre-market session. The company's market cap stands at $8.5 million. Starbox Group Hldgs (NASDAQ:STBX) shares rose 8.65% to $0.26. The company's market cap stands at $18.6 million. 36KR Holdings (NASDAQ:KRKR) shares increased by 8.3% to $0.6. The company's market cap stands at $23.3 million. Charge Enterprises (NASDAQ:CRGE) shares increased by 7.96% to $0.17. The company's market cap stands at $37.6 million. Hanryu Holdings (NASDAQ:HRYU) shares rose 6.61% to $0.72. The market value of their outstanding shares is at $38.0 million. Outbrain (NASDAQ:OB) stock increased by 6.34% to $4.19. The company'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
Salem Media Group, Inc. (OTCQX:SALM) announced today that Salem News Channel has launched on Pluto TV. This new partnership with Pluto TV, one of the largest FAST channel platforms and streaming TV distributors, will significantly increase SNC's audience reach. Cary Pahigian, Vice President & General Manager of Salem News Channel, said, "Pluto TV has established itself as one of the leading channels for free, ad-supported television. We are pleased to have been invited to join their impressive line-up. SNC is now among the fastest growing TV news channels in America, and Pluto TV will quickly accelerate our further growth." Salem News Channel, a Salem Media Group company, is a 24/7 news
Salem Media Group, Inc. (OTCQX:SALM) announced Christian Kligora as the new West Region Digital Sales Director on its digital marketing firm, Salem Surround. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240523736968/en/Christian Kligora (Photo: Business Wire) Christian brings a wealth of digital marketing and operational experience to Salem with his work for Marketron where he served in an executive leadership position driving business development. Prior to that, Christian had over a decade of building teams and driving revenue and operational growth for Gannett's Local IQ and its predecessor, ReachLocal where he oversaw the g