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NASDAQ:SIRISirius XM Stock Price, Forecast & News

$5.30
+0.11 (+2.12 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$5.17
Now: $5.31
$5.35
50-Day Range
$4.48
MA: $5.37
$5.92
52-Week Range
$4.11
Now: $5.31
$7.40
Volume39.03 million shs
Average Volume28.29 million shs
Market Capitalization$23.23 billion
P/E Ratio23.07
Dividend Yield0.94%
Beta1.22
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. It also streams music and non-music channels over the Internet; and offers applications to allow consumers to access its Internet radio service on smartphones, tablets, computers, home devices, and other consumer electronic equipment. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios, as well as sell satellite radios directly to consumers through its Website, automakers, and retailers. Further, the company provides location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, and stolen or parked vehicle locator services. Additionally, it offers satellite television services, which offer 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; and real-time traffic and weather services. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. is a subsidiary of Liberty Media Corporation.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.12 out of 5 stars


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$0.31 per share
Book Value($0.17) per share

Profitability

Net Income$914 million

Miscellaneous

Employees4,534
Outstanding Shares4,379,120,000
Market Cap$23.23 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Sirius XM (NASDAQ:SIRI) Frequently Asked Questions

How has Sirius XM's stock been impacted by COVID-19 (Coronavirus)?

Sirius XM's stock was trading at $6.05 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SIRI stock has decreased by 12.3% and is now trading at $5.3050. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Sirius XM?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Sirius XM.

When is Sirius XM's next earnings date?

Sirius XM is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Sirius XM.

How were Sirius XM's earnings last quarter?

Sirius XM Holdings Inc (NASDAQ:SIRI) posted its quarterly earnings data on Tuesday, April, 28th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.05 by $0.02. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.93 billion. Sirius XM had a net margin of 13.06% and a negative return on equity of 153.53%. Sirius XM's quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.03 earnings per share. View Sirius XM's earnings history.

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

Sirius XM announced a quarterly dividend on Tuesday, April 21st. Shareholders of record on Friday, May 8th will be given a dividend of $0.0133 per share on Friday, May 29th. This represents a $0.05 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Thursday, May 7th. View Sirius XM's dividend history.

How will Sirius XM's stock buyback program work?

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

What price target have analysts set for SIRI?

12 analysts have issued 1-year target prices for Sirius XM's shares. Their forecasts range from $4.50 to $8.50. On average, they expect Sirius XM's share price to reach $6.91 in the next twelve months. This suggests a possible upside of 30.2% from the stock's current price. View analysts' price targets 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)

Has Sirius XM been receiving favorable news coverage?

News coverage about SIRI stock has been trending somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sirius XM earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutSirius XM.

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), Walt Disney (DIS), NVIDIA (NVDA), Intel (INTC), Micron Technology (MU) and Netflix (NFLX).

Who are Sirius XM's key executives?

Sirius XM's management team includes the following 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)

What is Sirius XM's stock symbol?

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

Who are Sirius XM's major shareholders?

Sirius XM's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.08%), State Street Corp (0.84%), DSM Capital Partners LLC (0.52%), Geode Capital Management LLC (0.47%), Eagle Asset Management Inc. (0.34%) and California Public Employees Retirement System (0.28%). Company insiders that own Sirius XM stock include Dara F Altman, David J Frear, David Zaslav, Gregory B Maffei, James Arthur Cady, James E Meyer, 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 institutional investors are selling Sirius XM stock?

SIRI stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Jane Street Group LLC, Korea Investment CORP, Invesco Ltd., UBS Group AG, First Trust Advisors LP, JPMorgan Chase & Co., and The Manufacturers Life Insurance Company . Company insiders that have sold Sirius XM company stock in the last year include David J Frear, David Zaslav, Gregory B Maffei, James E Meyer, James P Holden, Jennifer C Witz, Patrick L Donnelly, Scott Andrew Greenstein, and Thomas D Barry. View insider buying and selling activity for Sirius XM.

Which institutional investors are buying Sirius XM stock?

SIRI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Deutsche Bank AG, Morgan Stanley, Sumitomo Mitsui Trust Holdings Inc., Janus Henderson Group PLC, Zimmer Partners LP, Two Sigma Investments LP, and APG Asset Management N.V.. View insider buying and selling activity 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 $5.31.

How big of a company is Sirius XM?

Sirius XM has a market capitalization of $23.23 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.

What is Sirius XM's official website?

The official website for Sirius XM is 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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff

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