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

$7.16

-0.04 (-0.56 %)

(As of 01/24/2020 02:37 AM ET)

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Today's Range

$7.08

Now: $7.16▼

$7.18

50-Day Range

$6.83

MA: $7.06▼

$7.20

52-Week Range

$5.23

Now: $7.16▼

$7.23

Volume18.26 million shs

Average Volume18.72 million shs

Market Capitalization$31.67 billion

P/E Ratio35.80

Dividend Yield0.69%

Beta1.01

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

Stock Exchange NASDAQ

Industry Radio broadcasting stations

Sub-IndustryCable & Satellite

SectorConsumer Discretionary

Current SymbolNASDAQ:SIRI

Previous Symbol

CUSIP82967N10

CIK908937

Webhttp://www.siriusxm.com/

Phone212-584-5100

Debt

Debt-to-Equity RatioN/A

Current Ratio0.29

Quick Ratio0.28

Price-To-Earnings

Trailing P/E Ratio35.80

Forward P/E Ratio35.80

P/E Growth2.84

Sales & Book Value

Annual Sales$5.77 billion

Price / Sales5.49

Cash Flow$0.34 per share

Price / Cash Flow21.08

Book Value($0.42) per share

Price / Book-17.05

Profitability

EPS (Most Recent Fiscal Year)$0.26

Net Income$1.18 billion

Net Margins12.76%

Return on Equity-129.67%

Return on Assets9.00%

Miscellaneous

Employees2,699

Outstanding Shares4,423,720,000

Market Cap$31.67 billion

Next Earnings Date2/4/2020 (Confirmed)

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, October 10th. Shareholders of record on Friday, November 8th will be paid a dividend of $0.0133 per share on Friday, November 29th. This represents a $0.05 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Thursday, November 7th. This is a boost from Sirius XM's previous quarterly dividend of $0.01. View Sirius XM's Dividend History.

How will Sirius XM's stock buyback program work?

Sirius XM announced that its board has approved a stock buyback plan on Tuesday, January 29th 2019, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 7.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

How were Sirius XM's earnings last quarter?

Sirius XM Holdings Inc (NASDAQ:SIRI) posted its quarterly earnings results on Thursday, October, 31st. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.98 billion. Sirius XM had a net margin of 12.76% and a negative return on equity of 129.67%. The business's quarterly revenue was up 37.1% on a year-over-year basis. During the same quarter last year, the business earned $0.07 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 Tuesday, February 4th 2020. View Earnings Estimates for Sirius XM.

How can I listen to Sirius XM's earnings call?

Sirius XM will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Sirius XM updated its FY 2020 Pre-Market earnings guidance on Tuesday, January, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $8.1-8.1 billion, compared to the consensus revenue estimate of $8.25 billion.

What price target have analysts set for SIRI?

11 brokers have issued twelve-month target prices for Sirius XM's shares. Their forecasts range from $6.00 to $8.50. On average, they anticipate Sirius XM's stock price to reach $7.66 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Sirius XM.

What is the consensus analysts' recommendation for Sirius XM?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 1 sell rating, 2 hold ratings and 8 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?

News articles about SIRI stock have trended somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sirius XM earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Sirius XM.

Are investors shorting Sirius XM?

Sirius XM saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 185,060,000 shares, a drop of 5.4% from the December 15th total of 195,720,000 shares. Based on an average daily volume of 18,420,000 shares, the days-to-cover ratio is currently 10.0 days. Approximately 14.8% of the company's stock are short sold. View Sirius XM's Current Options Chain.

Who are some of Sirius XM's key competitors?

Some companies that are related to Sirius XM include Comcast (CMCSA), Charter Communications (CHTR), DISH Network (DISH), Liberty Global (LBTYA), Amc Networks (AMCX) and Loral Space & Communications Ltd. (LORL).

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), Advanced Micro Devices (AMD), General Electric (GE), Micron Technology (MU), Intel (INTC), NVIDIA (NVDA), Walt Disney (DIS) 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 Zurcher Kantonalbank Zurich Cantonalbank (0.03%), Gateway Investment Advisers LLC (0.01%), IFP Advisors Inc (0.01%), Assenagon Asset Management S.A. (0.01%), Nisa Investment Advisors LLC (0.01%) and State of Alaska Department of Revenue (0.01%). 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, Joseph A Verbrugge, Patrick L Donnelly, Scott Andrew Greenstein, Stephen Cook and Thomas D Barry. View Institutional Ownership Trends for Sirius XM.

Which institutional investors are selling Sirius XM stock?

SIRI stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, IFM Investors Pty Ltd, State of Alaska Department of Revenue, Assenagon Asset Management S.A., RFG Advisory LLC, Centerpoint Advisors LLC, FormulaFolio Investments LLC and Winthrop Advisory Group LLC. 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, Stephen Cook and Thomas D Barry. View Insider Buying and Selling for Sirius XM.

Which institutional investors are buying Sirius XM stock?

SIRI stock was bought by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC, Evanson Asset Management LLC, Appleton Partners Inc. MA, Beech Hill Advisors Inc., Janney Montgomery Scott LLC, Ackerman Capital Advisors LLC and J.W. Cole Advisors Inc.. 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 $7.16.

How big of a company is Sirius XM?

Sirius XM has a market capitalization of $31.67 billion and generates $5.77 billion in revenue each year. The company earns $1.18 billion in net income (profit) each year or $0.26 on an earnings per share basis. Sirius XM employs 2,699 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 1290 Avenue of the Americas 11th Floor, NEW YORK NY, 10104. 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:		2.5 out of 5 ( )
Outperform Votes:		648 (Vote Outperform)
Underperform Votes:		671 (Vote Underperform)
Total Votes:		1,319

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 1/24/2020 by MarketBeat.com Staff

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