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 1,076 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Salem Media Group
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- 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.
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What's in this guide?
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||$2.01|
|52-week range||$0.78 - $3.95|
|50-day moving average||$2.45|
|200-day moving average||$2.33|
|Wall St. target price||$4.13|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.05|
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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 (2021-07-20)||N/A|
|1 month (2021-07-01)||-22.69%|
|3 months (2021-04-30)||2.01|
|6 months (2021-01-27)||N/A|
|1 year (2020-07-27)||N/A|
|2 years (2019-07-27)||N/A|
|3 years (2018-07-27)||N/A|
|5 years (2016-07-27)||N/A|
Is Salem Media Group under- or over-valued?
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 41x. In other words, Salem Media Group shares trade at around 41x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-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 $28.2 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||$237.3 million|
|Operating margin TTM||7.38%|
|Gross profit TTM||$42.7 million|
|Return on assets TTM||2.05%|
|Return on equity TTM||1.09%|
|Market capitalisation||$55.1 million|
TTM: trailing 12 months
Shorting Salem Media Group shares
There are currently 479,582 Salem Media Group shares held short by investors – that's known as Salem Media Group's "short interest". This figure is 14.2% up from 420,126 last month.
There are a few different ways that this level of interest in shorting Salem Media Group shares can be evaluated.
Salem Media Group's "short interest ratio" (SIR)
Salem Media Group's "short interest ratio" (SIR) is the quantity of Salem Media Group shares currently shorted divided by the average quantity of Salem Media Group shares traded daily (recently around 340129.07801418). Salem Media Group's SIR currently stands at 1.41. In other words for every 100,000 Salem Media Group shares traded daily on the market, roughly 1410 shares are currently held short.
However Salem Media Group's short interest can also be evaluated against the total number of Salem Media Group shares, or, against the total number of tradable Salem Media Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Salem Media Group's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Salem Media Group shares in existence, roughly 20 shares are currently held short) or 0.0428% of the tradable shares (for every 100,000 tradable Salem Media Group shares, roughly 43 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 Salem Media Group.
Find out more about how you can short Salem Media Group stock.
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 $0.78 up to $3.95. 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 1.5152. This would suggest that Salem Media Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a 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 radio networks, which produce and distribute talk, news, website, satellite services, and music networking to radio stations, as well as sells commercial airtime. It also provides Christian, conservative, investing content, e-commerce, audio and video streaming, and other resources digitally through Christian content websites, including BibleStudyTools. com, Crosswalk. com, GodVine.
Stocks similar to Salem Media Group
Salem Media Group in the news
Will Salem Communications (SALM) Report Negative Earnings Next Week? What You Should Know
Salem Media Group Announces the Extension of "America First with Sebastian Gorka"
Salem Media Group Announces the Extension of “America First with Sebastian Gorka”
Frequently asked questionsWhat percentage of Salem Media Group is owned by insiders or institutions?
Currently 47.397% of Salem Media Group shares are held by insiders and 16.009% by institutions. How many people work for Salem Media Group?
Latest data suggests 1,076 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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