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How to buy Salem Media Group stock
Learn how to easily invest in Salem Media Group stock.
Salem Media Group Inc is a broadcasting business based in the US. Salem Media Group shares (SALM) are listed on the NASDAQ and all prices are listed in US Dollars. Salem Media Group employs 1,079 staff and has a trailing 12-month revenue of around $266.4 million.
How to buy shares in Salem Media Group
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – SALM – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Salem Media Group stock price (NASDAQ: SALM)Use our graph to track the performance of SALM stocks over time.
Salem Media Group shares at a glance
|Latest market close||$1.76|
|52-week range||$1.75 - $6.82|
|50-day moving average||$2.24|
|200-day moving average||$2.85|
|Wall St. target price||$5.63|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$1.75|
Buy Salem Media Group shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
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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 Salem Media Group 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.
Salem Media Group price performance over time
|1 week (2022-09-20)||-11.11%|
|1 month (2022-08-23)||-24.46%|
|3 months (2022-06-24)||-28.46%|
|6 months (2022-03-24)||-51.78%|
|1 year (2021-09-27)||-46.18%|
|2 years (2020-09-25)||67.62%|
|3 years (2019-09-27)||19.73%|
|5 years (2017-09-27)||6.6|
Is Salem Media Group stock undervalued or overvalued?
Valuing Salem Media Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Salem Media Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Salem Media Group's P/E ratio
Salem Media Group'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, Salem Media Group 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.
Salem Media Group's PEG ratio
Salem Media Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.69. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Salem Media Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Salem Media Group's EBITDA
Salem Media Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $33.4 million.
The EBITDA is a measure of a Salem Media Group's overall financial performance and is widely used to measure a its profitability.
Salem Media Group financials
|Revenue TTM||$266.4 million|
|Operating margin TTM||8.68%|
|Gross profit TTM||$55.5 million|
|Return on assets TTM||2.76%|
|Return on equity TTM||30.38%|
|Market capitalisation||$50.6 million|
TTM: trailing 12 months
Salem Media Group share dividends
We're not expecting Salem Media Group to pay a dividend over the next 12 months.
Salem Media Group share price volatility
Over the last 12 months, Salem Media Group's shares have ranged in value from as little as $1.75 up to $6.82. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Salem Media Group's is 1.165. This would suggest that Salem Media Group's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Salem Media Group overview
Salem Media Group, Inc. operates as a multimedia company in the United States. It operates through three segments: Broadcast, Digital Media, and Publishing. The company owns and operates 32 FM radio stations and 69 AM radio stations; offers programs on the Family Talk Christian-themed talk format station on SiriusXM Channel 131; provides programming to Christian and family-themed talk stations, music stations, and news talk stations; places advertising on Christian and talk formatted radio stations, and other commercial radio station formats; and operates Salem Podcast Network, a platform for conservative, political, news, and family-oriented podcasts. It also provides Christian, conservative, investing content, e-commerce, audio and video streaming, and other resources digitally through BibleStudyTools. com, Crosswalk. com, GodVine.
Frequently asked questionsWhat percentage of Salem Media Group is owned by insiders or institutions?
Currently 45.927% of Salem Media Group shares are held by insiders and 18.177% by institutions. How many people work for Salem Media Group?
Latest data suggests 1,079 work at Salem Media Group. When does the fiscal year end for Salem Media Group?
Salem Media Group's fiscal year ends in December. Where is Salem Media Group based?
Salem Media Group's address is: 6400 North Belt Line Road, Irving, TX, United States, 75063 What is Salem Media Group's ISIN number?
Salem Media Group's international securities identification number is: US7940931048 What is Salem Media Group's CUSIP number?
Salem Media Group's Committee on Uniform Securities Identification Procedures number is: 794093104
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