Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to buy Salem Media Group stock in Canada | $2.01
Own Salem Media Group shares in just a few minutes.
Salem Media Group is a broadcasting business based in the US. Salem Media Group stocks (SALM.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $2.46 – an increase of 0.5% over the previous week. Salem Media Group employs 1,076 staff and has a trailing 12-month revenue of around $237.3 million.
How to buy Salem Media Group stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: SALM in this case.
- Research Salem Media Group stocks. The platform should provide the latest information available.
- Buy your Salem Media Group stocks. It's that simple.
What's in this guide?
- Can I buy shares in Salem Media Group?
- Has coronavirus impacted Salem Media Group shares?
- Salem Media Group shares summary
- Compare share dealing platforms
- Is Salem Media Group stock a buy or sell?
- Salem Media Group performance over time
- Can I short Salem Media Group shares?
- Are Salem Media Group shares over-valued?
- Salem Media Group's financials
- How volatile are Salem Media Group shares?
- Does Salem Media Group pay a dividend?
- Other common questions
How has Coronavirus impacted Salem Media Group's stock price?
Since the stock market crash in March caused by coronavirus, Salem Media Group's stock price has had significant positive movement.
Its last market close was $2.01, which is 32.84% up on its pre-crash value of $1.35 and 209.23% up on the lowest point reached during the March crash when the stocks fell as low as $0.65.
If you had bought $1,000 worth of Salem Media Group stocks at the start of February 2020, those stocks would have been worth $683.45 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,446.03.
Salem Media Group stock priceUse our graph to track the performance of SALM stocks over time.
Salem Media Group stocks at a glance
|Latest market close||$2.01|
|52-week range||$0.78 - $3.95|
|50-day moving average||$2.3588|
|200-day moving average||$2.3588|
|Wall St. target price||$4.13|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.05|
Compare online stock trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
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.
Salem Media Group price performance over time
|1 month (2021-07-02)||-17.28%|
|3 months (2021-04-30)||2.01|
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 42x. In other words, Salem Media Group stocks trade at around 42x 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 stocks 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 stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock prices of multiple high-growth companies.
Salem Media Group's EBITDA
Salem Media Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$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||USD$237.3 million|
|Operating margin TTM||7.38%|
|Gross profit TTM||USD$42.7 million|
|Return on assets TTM||2.05%|
|Return on equity TTM||1.09%|
|Market capitalisation||USD$56.7 million|
TTM: trailing 12 months
How to short and sell Salem Media Group stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "SALM.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 475,396 Salem Media Group stocks held short by investors – that's known as Salem Media Group's "short interest". This figure is 0.9% down from 479,582 last month.
There are a few different ways that this level of interest in shorting Salem Media Group stocks 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 stocks currently shorted divided by the average quantity of Salem Media Group stocks traded daily (recently around 349555.88235294). Salem Media Group's SIR currently stands at 1.36. In other words for every 100,000 Salem Media Group stocks traded daily on the market, roughly 1360 stocks are currently held short.
However Salem Media Group's short interest can also be evaluated against the total number of Salem Media Group stocks, or, against the total number of tradable Salem Media Group stocks (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 stocks (for every 100,000 Salem Media Group stocks in existence, roughly 20 stocks are currently held short) or 0.0424% of the tradable stocks (for every 100,000 tradable Salem Media Group stocks, roughly 42 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock 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 stock dividends
We're not expecting Salem Media Group to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Salem Media Group stock price volatility
Over the last 12 months, Salem Media Group's stocks 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 stocks 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 stocks 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.com, iBelieve.com, GodTube.com, OnePlace.com, Christianity.com, GodUpdates.com, CrossCards.com, ChristianHeadlines.com, LightSource.com, AllCreated.com, ChristianRadio.com, CCMmagazine.com, SingingNews.com, and SouthernGospel.com; and conservative opinion websites, such as Townhall.com, HotAir.com, Twitchy.com, RedState.com, BearingArms.com, ConservativeRadio.com, and pjmedia.com, as well as mobile applications. In addition, the company publishes digital newsletters that provide market analysis and non-individualized investment strategies; and operates Church product websites comprising SermonSearch.com, ChurchStaffing.com, WorshipHouseMedia.com, SermonSpice.com, WorshipHouseKids.com, Preaching.com, ChristianJobs.com, Youthworker.com, Childrens-Ministry-Deals.com, JourneyBoxMedia.com, Hyperpixels.com, and Playblackmedia.com that offer resources to churches and ministries. Further, it offers publication of conservative, Christian, and history books; Xulon Press, a print-on-demand self-publishing service; Mill City Press that publishes books; and Singing News print magazine, as well as provides digital marketing services. The company was formerly known as Salem Communications Corporation and changed its name to Salem Media Group, Inc. in February 2015. Salem Media Group, Inc. was incorporated in 1986 and is based in Irving, Texas.
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 questions
More guides on Finder
How to buy Wheels Up (UP) stock in Canada when it goes public
Everything we know about the Wheels Up IPO, plus information on how to buy in.
How to invest $1 million
Here are the top 5 ways you should invest $1 million.
How to buy Brookfield Asset Management Reinsurance Partners Ltd (BAMR) stock in Canada when it goes public
Everything we know about the Brookfield Asset Management Reinsurance Partners Ltd IPO, plus information on how to buy in.
How to buy Traeger (COOK) stock in Canada when it goes public
Everything we know about the Traeger IPO, plus information on how to buy in.
How to buy Teads (TEAD) stock in Canada when it goes public
Everything we know about the Teads IPO, plus information on how to buy in.
How to buy Snap One Holdings Corp (SNPO) stock in Canada
Everything we know about the Snap One Holdings Corp IPO, plus information on how to buy in.
How to buy Riskified (RSKD) stock in Canada
Everything we know about the Riskified IPO, plus information on how to buy in.
How to buy Preston Hollow Community Capital (PHCC) stock in Canada when it goes public
Everything we know about the Preston Hollow Community Capital IPO, plus information on how to buy in.
How to buy PowerSchool Holdings (PWSC) stock in Canada
Everything we know about the PowerSchool Holdings IPO, plus information on how to buy in.
How to buy MeridianLink (MLNK) stock in Canada
Everything we know about the MeridianLink IPO, plus information on how to buy in.