How to buy Cumulus Media stock - 14 April

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How to buy Cumulus Media stock

Own Cumulus Media stock in just a few minutes.

Cumulus Media Inc is a broadcasting business based in the US. Cumulus Media shares (CMLS) are listed on the NASDAQ and all prices are listed in US Dollars. Cumulus Media employs 2,743 staff and has a trailing 12-month revenue of around USD$816.2 million.

How to buy shares in Cumulus Media

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Cumulus Media. Find the stock by name or ticker symbol: CMLS. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Cumulus Media reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Cumulus Media, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Cumulus Media. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Cumulus Media share price

Use our graph to track the performance of CMLS stocks over time.

Cumulus Media shares at a glance

Information last updated 2021-04-08.
52-week rangeUSD$3 - USD$11.75
50-day moving average USD$10.1669
200-day moving average USD$8.2126
Wall St. target priceUSD$12
PE ratio 1.4886
Dividend yield N/A (0%)
Earnings per share (TTM) USD$3.02

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Cumulus Media stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Cumulus Media under- or over-valued?

Valuing Cumulus Media stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cumulus Media's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Cumulus Media's P/E ratio

Cumulus Media's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, Cumulus Media shares trade at around 1x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Cumulus Media's EBITDA

Cumulus Media's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$74 million.

The EBITDA is a measure of a Cumulus Media's overall financial performance and is widely used to measure a its profitability.

Cumulus Media financials

Revenue TTM USD$816.2 million
Operating margin TTM 2.65%
Gross profit TTM USD$476 million
Return on assets TTM 0.75%
Return on equity TTM -14.01%
Profit margin -7.32%
Book value $19.511
Market capitalisation USD$192 million

TTM: trailing 12 months

Shorting Cumulus Media shares

There are currently 372,031 Cumulus Media shares held short by investors – that's known as Cumulus Media's "short interest". This figure is 4.6% down from 389,941 last month.

There are a few different ways that this level of interest in shorting Cumulus Media shares can be evaluated.

Cumulus Media's "short interest ratio" (SIR)

Cumulus Media's "short interest ratio" (SIR) is the quantity of Cumulus Media shares currently shorted divided by the average quantity of Cumulus Media shares traded daily (recently around 116259.6875). Cumulus Media's SIR currently stands at 3.2. In other words for every 100,000 Cumulus Media shares traded daily on the market, roughly 3200 shares are currently held short.

However Cumulus Media's short interest can also be evaluated against the total number of Cumulus Media shares, or, against the total number of tradable Cumulus Media shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cumulus Media's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Cumulus Media shares in existence, roughly 20 shares are currently held short) or 0.0248% of the tradable shares (for every 100,000 tradable Cumulus Media shares, roughly 25 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Cumulus Media.

Find out more about how you can short Cumulus Media stock.

Cumulus Media share dividends

We're not expecting Cumulus Media to pay a dividend over the next 12 months.

Have Cumulus Media's shares ever split?

Cumulus Media's shares were split on a 1:8 basis on 12 October 2016. So if you had owned 8 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Cumulus Media shares – just the quantity. However, indirectly, the new 700% higher share price could have impacted the market appetite for Cumulus Media shares which in turn could have impacted Cumulus Media's share price.

Cumulus Media share price volatility

Over the last 12 months, Cumulus Media's shares have ranged in value from as little as $3 up to $11.75. A popular way to gauge a stock's volatility is its "beta".

CMLS.US volatility(beta: 2.27)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Cumulus Media's is 2.2691. This would suggest that Cumulus Media's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Cumulus Media overview

Cumulus Media Inc., an audio-first media and entertainment company, owns and operates radio stations in the United States. It owns and operates 415 stations in 86 markets, as well as approximately 7,300 affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, the AP, the Academy of Country Music Awards, and other partners. It also provides digital marketing services. Cumulus Media Inc. was incorporated in 2002 and is based in Atlanta, Georgia.

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