Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

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

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. 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.
  5. 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.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

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

Information last updated 2022-09-26.
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
PE ratio 1.0629
Dividend yield $0 (0%)
Earnings per share (TTM) $1.75

Buy Salem Media Group shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
1 - 8 of 8
Name Product Asset types Stock trade fee Minimum deposit Signup bonus
SoFi Invest
Stocks, ETFs, Cryptocurrency
$0
$0
$10 - $100
when you open an account and place a first crypto trade of $50 - $5,000+
A free way to invest in most equities.
eToro
Stocks, ETFs, Cryptocurrency
$0
$10
8%-12% of your deposit
when you sign up and deposit at least $50. T&Cs apply.
Trade stocks in the app or online with $0 commissions. Not available in NY, NV, MN, TN, and HI.
Public
Stocks, ETFs, Cryptocurrency
$0
$0
Receive a free stock slice worth between $3–$300
when you sign up for an account and deposit at least $20.
Commission-free trading in stocks and ETFs with a social networking twist.
Tastyworks
Stocks, Options, ETFs, Cryptocurrency
$0
$0
$200 in US stocks
when you open and fund an account with min. $2,000 for 3+ mos.
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
JPMorgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0
$0
$125 - $625
when you open and fund an account with $25,000 - $250,000+
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Robinhood
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn 3% interest on uninvested cash in your account with Robinhood Gold.
Ally Invest Self-Directed Trading
Stocks, Bonds, Options, Mutual funds, ETFs
$0
$0
$100
when you deposit or transfer $10,000–$24,900
500+ commission-free ETFs, some of the industry's lowest fees plus a cash bonus up to $3,000.
Tradier
Stocks, Options, ETFs
$0
$0
N/A
Customize your trade platform or build your own Deep tools, charts and screens Analyzers to help you study before you trade
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

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

Historical closes compared with the close of $1.76 from 2022-09-26

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%
Profit margin 18.69%
Book value $6.96
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".

SALM.US volatility(beta: 1.17)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 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 questions

What 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

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site