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NASDAQ:SIRI - Sirius XM Stock Price, Forecast & News

$6.79
-0.19 (-2.72 %)
(As of 02/27/2020 07:24 AM ET)
Today's Range
$6.78
Now: $6.79
$7.04
50-Day Range
$6.98
MA: $7.14
$7.34
52-Week Range
$5.23
Now: $6.79
$7.40
Volume40.36 million shs
Average Volume17.63 million shs
Market Capitalization$29.97 billion
P/E Ratio35.74
Dividend Yield0.76%
Beta1.04
Sirius XM Holdings Inc provides satellite radio services in the United States. The company broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels, including various music genres ranging from rock, pop and hip-hop, country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and limited run channels. Read More…

Industry, Sector and Symbol

Industry Radio broadcasting stations
Sub-IndustryCable & Satellite
SectorConsumer Discretionary
Current SymbolNASDAQ:SIRI
CUSIP82967N10
Phone212-584-5100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.79 billion
Cash Flow$0.30 per share
Book Value($0.17) per share

Profitability

Net Income$914 million

Miscellaneous

Employees4,534
Outstanding Shares4,413,940,000
Market Cap$29.97 billion
Next Earnings Date4/22/2020 (Estimated)
OptionableOptionable

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Sirius XM (NASDAQ:SIRI) Frequently Asked Questions

What is Sirius XM's stock symbol?

Sirius XM trades on the NASDAQ under the ticker symbol "SIRI."

How often does Sirius XM pay dividends? What is the dividend yield for Sirius XM?

Sirius XM announced a quarterly dividend on Thursday, January 30th. Shareholders of record on Wednesday, February 12th will be paid a dividend of $0.0133 per share on Friday, February 28th. This represents a $0.05 annualized dividend and a dividend yield of 0.78%. The ex-dividend date is Tuesday, February 11th. View Sirius XM's Dividend History.

How will Sirius XM's stock buyback program work?

Sirius XM declared that its Board of Directors has authorized a stock repurchase program on Tuesday, January 29th 2019, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 7.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.

How were Sirius XM's earnings last quarter?

Sirius XM Holdings Inc (NASDAQ:SIRI) released its quarterly earnings data on Tuesday, February, 4th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.05. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.03 billion. Sirius XM had a net margin of 11.73% and a negative return on equity of 204.95%. The firm's revenue for the quarter was up 37.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.06 earnings per share. View Sirius XM's Earnings History.

When is Sirius XM's next earnings date?

Sirius XM is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Sirius XM.

What guidance has Sirius XM issued on next quarter's earnings?

Sirius XM updated its FY 2020 Pre-Market earnings guidance on Tuesday, February, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $8.1-8.1 billion, compared to the consensus revenue estimate of $8.22 billion.

What price target have analysts set for SIRI?

8 equities research analysts have issued 1 year price objectives for Sirius XM's stock. Their forecasts range from $7.50 to $8.50. On average, they expect Sirius XM's share price to reach $8.03 in the next year. This suggests a possible upside of 18.3% from the stock's current price. View Analyst Price Targets for Sirius XM.

What is the consensus analysts' recommendation for Sirius XM?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sirius XM.

What are Wall Street analysts saying about Sirius XM stock?

Here are some recent quotes from research analysts about Sirius XM stock:
  • 1. According to Zacks Investment Research, "Sirius XM Holdings’ third-quarter 2019 results reflected growth in subscriber base, advertisement revenues and ARPU. The company’s strong content portfolio helped in subscriber base expansion. Additionally, strength in traditional audio advertising, backed by video programmatic and engagement-based video as well as the expansion of off-platform efforts and fees generated on the AdsWizz platform, drove ad revenues. The company’s aggressive share repurchase activity in the quarter reflected improving liquidity. Notably, shares have outperformed the industry on a year-to-date basis. However, higher royalty expenses along with increasing music licensing costs hurt profitability. Moreover, the company faced significant competition in the music streaming market, which is currently dominated by the likes of Spotify and Apple." (11/4/2019)
  • 2. Pivotal Research analysts commented, "We updated our model to more fully integrate Pandora into our forecasts that resulted in no change to our $7 target. However, the move to a YE’20 target price from YE’19 resulted in a $0.70 increase in our target to $7.70. As evidenced by the solid 2Q results, overall the SIRI core business is chugging along nicely as the used car market becomes an increasing driver of subscriber growth, while Pandora has gotten off to a nicely better than expected start on the advertising front." (8/9/2019)
  • 3. Barrington Research analysts commented, "We reaffirm our OUTPERFORM investment rating and $8 price target: Sirius XM continues to offer an excellent business model with solid organic revenue trajectory and cash generation, with more opportunities to reach consumers through the Pandora acquisition. Strong cash flow supports additional share repurchases, on which management is being aggressive, and the $0.0484 annual dividend." (4/24/2019)

Has Sirius XM been receiving favorable news coverage?

Media coverage about SIRI stock has been trending positive this week, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sirius XM earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Sirius XM.

Are investors shorting Sirius XM?

Sirius XM saw a decline in short interest in the month of February. As of February 14th, there was short interest totalling 167,290,000 shares, a decline of 8.6% from the January 30th total of 183,090,000 shares. Based on an average daily volume of 18,630,000 shares, the days-to-cover ratio is presently 9.0 days. Currently, 13.4% of the company's stock are short sold. View Sirius XM's Current Options Chain.

Who are some of Sirius XM's key competitors?

What other stocks do shareholders of Sirius XM own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sirius XM investors own include Bank of America (BAC), AT&T (T), Ford Motor (F), General Electric (GE), Advanced Micro Devices (AMD), Micron Technology (MU), Walt Disney (DIS), NVIDIA (NVDA), Intel (INTC) and Netflix (NFLX).

Who are Sirius XM's key executives?

Sirius XM's management team includes the folowing people:
  • Mr. James E. Meyer, CEO & Director (Age 64)
  • Mr. Scott A. Greenstein, Pres & Chief Content Officer (Age 59)
  • Mr. David J. Frear, Sr. EVP & CFO (Age 62)
  • Ms. Jennifer C. Witz, Pres of Sales, Marketing & Operations (Age 50)
  • Mr. Stephen R. Cook, Exec. VP of Sales & Automotive (Age 63)

Who are Sirius XM's major shareholders?

Sirius XM's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (0.83%), Renaissance Technologies LLC (0.70%), Geode Capital Management LLC (0.43%), Eagle Asset Management Inc. (0.34%), California Public Employees Retirement System (0.29%) and Bank of New York Mellon Corp (0.17%). Company insiders that own Sirius XM stock include Dara F Altman, David J Frear, David Zaslav, James Arthur Cady, James E Meyer, James Mooney, James P Holden, Jennifer C Witz, Joan Lordi Amble, Patrick L Donnelly, Scott Andrew Greenstein, Stephen Cook and Thomas D Barry. View Institutional Ownership Trends for Sirius XM.

Which major investors are selling Sirius XM stock?

SIRI stock was sold by a variety of institutional investors in the last quarter, including National Pension Service, New York State Common Retirement Fund, Eagle Asset Management Inc., Cubist Systematic Strategies LLC, Janus Henderson Group PLC, Schroder Investment Management Group, Hussman Strategic Advisors Inc. and Korea Investment CORP. Company insiders that have sold Sirius XM company stock in the last year include David J Frear, David Zaslav, James Arthur Cady, James E Meyer, James P Holden, Jennifer C Witz, Patrick L Donnelly, Scott Andrew Greenstein and Thomas D Barry. View Insider Buying and Selling for Sirius XM.

Which major investors are buying Sirius XM stock?

SIRI stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, First Trust Advisors LP, Jane Street Group LLC, UBS Group AG, Great West Life Assurance Co. Can, Zurcher Kantonalbank Zurich Cantonalbank, Man Group plc and Trexquant Investment LP. View Insider Buying and Selling for Sirius XM.

How do I buy shares of Sirius XM?

Shares of SIRI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Sirius XM's stock price today?

One share of SIRI stock can currently be purchased for approximately $6.79.

How big of a company is Sirius XM?

Sirius XM has a market capitalization of $29.97 billion and generates $7.79 billion in revenue each year. The company earns $914 million in net income (profit) each year or $0.20 on an earnings per share basis. Sirius XM employs 4,534 workers across the globe.View Additional Information About Sirius XM.

What is Sirius XM's official website?

The official website for Sirius XM is http://www.siriusxm.com/.

How can I contact Sirius XM?

Sirius XM's mailing address is 1221 Avenue of the Americas 35th Floor, NEW YORK NY, 10020. The company can be reached via phone at 212-584-5100 or via email at [email protected]


MarketBeat Community Rating for Sirius XM (NASDAQ SIRI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  661 (Vote Outperform)
Underperform Votes:  695 (Vote Underperform)
Total Votes:  1,356
MarketBeat's community ratings are surveys of what our community members think about Sirius XM and other stocks. Vote "Outperform" if you believe SIRI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SIRI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/27/2020 by MarketBeat.com Staff

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