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NASDAQ:SIRI

Sirius XM (SIRI) Stock Price, News & Analysis

$2.75
+0.02 (+0.73%)
(As of 05/24/2024 ET)
Today's Range
$2.70
$2.76
50-Day Range
$2.73
$4.03
52-Week Range
$2.70
$7.95
Volume
19.84 million shs
Average Volume
20.22 million shs
Market Capitalization
$10.58 billion
P/E Ratio
8.33
Dividend Yield
4.00%
Price Target
$4.42

Sirius XM MarketRank™ Stock Analysis

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
60.7% Upside
$4.42 Price Target
Short Interest
Bearish
20.85% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.60
Upright™ Environmental Score
News Sentiment
0.35mentions of Sirius XM in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.23%
From $0.31 to $0.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.88 out of 5 stars

Consumer Discretionary Sector

9th out of 261 stocks

Radio Broadcasting Stations Industry

1st out of 7 stocks

SIRI stock logo

About Sirius XM Stock (NASDAQ:SIRI)

Sirius XM Holdings Inc. operates as an audio entertainment company in North America. It operates in two segments, Sirius XM, and Pandora and Off-platform. The company's Sirius XM segment provides music, sports, entertainment, comedy, talk, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment. This segment also distributes satellite radios through automakers and retailers, as well as its website; podcasts, including true crime, news, politics, music, comedy, sports, and entertainment; and offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data, remote vehicles diagnostic, and stolen or parked vehicle locator services. In addition, this segment provides music channels on the DISH Network satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; graphic information related to road closings, traffic flow, and incident data for consumers with in-vehicle navigation systems; real-time weather services in vehicles, boats, and planes; and music programming and commercial-free music services for office, restaurants, and other business. Its Pandora and Off-platform segment operates music, comedy, and podcast streaming platform, which offers personalized experience for listener through computers, tablets, mobile devices, vehicle speakers, and connected devices; and provides advertising services. The company was incorporated in 2013 and is headquartered in New York. Sirius XM Holdings Inc. operates as a subsidiary of The Liberty SiriusXM Group.

SIRI Stock Price History

SIRI Stock News Headlines

Sirius XM Target of Unusually High Options Trading (NASDAQ:SIRI)
Avicii Radio Channel Launches on SiriusXM
Sirius XM Target of Unusually Large Options Trading (NASDAQ:SIRI)
The 3 Best Penny Stocks to Buy in May 2024
Sirius XM Stock: Buy, Sell, or Hold?
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Ex-Dividend for 5/29 Dividend
5/09/2024
Today
5/25/2024
Dividend Payable
5/29/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
Cable & Satellite
Current Symbol
NASDAQ:SIRI
CUSIP
82967N10
Employees
5,680
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$4.42
High Stock Price Target
$6.50
Low Stock Price Target
$2.50
Potential Upside/Downside
+60.7%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
11 Analysts

Profitability

Net Income
$1.26 billion
Pretax Margin
17.34%

Debt

Sales & Book Value

Annual Sales
$8.95 billion
Cash Flow
$0.49 per share
Book Value
($0.62) per share

Miscellaneous

Outstanding Shares
3,846,630,000
Free Float
3,816,244,000
Market Cap
$10.58 billion
Optionable
Optionable
Beta
1.10

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SIRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Sirius XM stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SIRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIRI, but not buy additional shares or sell existing shares.
View SIRI analyst ratings
or view top-rated stocks.

What is Sirius XM's stock price target for 2024?

11 equities research analysts have issued 1-year price targets for Sirius XM's shares. Their SIRI share price targets range from $2.50 to $6.50. On average, they expect the company's stock price to reach $4.42 in the next year. This suggests a possible upside of 60.7% from the stock's current price.
View analysts price targets for SIRI
or view top-rated stocks among Wall Street analysts.

How have SIRI shares performed in 2024?

Sirius XM's stock was trading at $5.47 at the beginning of 2024. Since then, SIRI stock has decreased by 49.7% and is now trading at $2.75.
View the best growth stocks for 2024 here
.

When is Sirius XM's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our SIRI earnings forecast
.

How were Sirius XM's earnings last quarter?

Sirius XM Holdings Inc. (NASDAQ:SIRI) released its earnings results on Tuesday, April, 30th. The company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.01. The company had revenue of $2.16 billion for the quarter, compared to analysts' expectations of $2.13 billion. Sirius XM had a negative trailing twelve-month return on equity of 47.17% and a net margin of 14.38%. Sirius XM's quarterly revenue was up .8% on a year-over-year basis. During the same period in the prior year, the business earned $0.06 EPS.

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

Sirius XM declared a quarterly dividend on Thursday, April 25th. Investors of record on Friday, May 10th will be given a dividend of $0.0266 per share on Wednesday, May 29th. This represents a $0.11 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend is Thursday, May 9th.
Read our dividend analysis for SIRI
.

Is Sirius XM a good dividend stock?

Sirius XM (NASDAQ:SIRI) pays an annual dividend of $0.11 per share and currently has a dividend yield of 3.90%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SIRI will have a dividend payout ratio of 34.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SIRI.

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

Sirius XM issued an update on its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $8.8 billion-$8.8 billion, compared to the consensus revenue estimate of $8.8 billion.

What is James E. Meyer's approval rating as Sirius XM's CEO?

139 employees have rated Sirius XM Chief Executive Officer James E. Meyer on Glassdoor.com. James E. Meyer has an approval rating of 65% among the company's employees.

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), Advanced Micro Devices (AMD), Ford Motor (F), General Electric (GE), Intel (INTC), NVIDIA (NVDA), Micron Technology (MU), Walt Disney (DIS) and Alibaba Group (BABA).

Who are Sirius XM's major shareholders?

Sirius XM's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (0.71%), ProShare Advisors LLC (0.10%), Mirae Asset Global Investments Co. Ltd. (0.07%), Swiss National Bank (0.06%), Sumitomo Mitsui Trust Holdings Inc. (0.05%) and Tobam (0.04%). Insiders that own company stock include Eddy W Hartenstein, James E Meyer, James P Holden, Jennifer C Witz, Joseph A Inzerillo, Kristina Salen, Patrick L Donnelly, Robin S Hickenlooper, Scott Andrew Greenstein and Thomas D Barry.
View institutional ownership trends
.

How do I buy shares of Sirius XM?

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

Does Sirius XM have any subsidiaries?
The following companies are subsidiares of Sirius XM: AdsWizz Inc., Agero, Automatic Labs, Pandora, SXM CVS Canada Inc., Satellite CD Radio LLC, Simplecast, Sirius XM Connected Vehicle Services Holdings Inc., Sirius XM Connected Vehicle Services Inc., Sirius XM Radio Inc., Stitcher, XM 1500 Eckington LLC, XM Emall Inc., XM Investment LLC, and XM Radio LLC.
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This page (NASDAQ:SIRI) was last updated on 5/26/2024 by MarketBeat.com Staff

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