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.
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Industry, Sector and Symbol
Industry Radio broadcasting stations
Sub-IndustryCable & Satellite
SectorConsumer Discretionary
Phone212-584-5100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.77 billion
Profitability
Miscellaneous
Employees2,699
Next Earnings Date2/4/2020 (Confirmed)
OptionableOptionable
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 given a dividend of $0.0133 per share on Friday, November 29th. This represents a $0.05 annualized dividend and a yield of 0.75%. The ex-dividend date is Thursday, November 7th. This is an increase 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 declared that its board has authorized a stock buyback plan on Tuesday, January 29th 2019, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 7.7% of its stock through open market purchases. Stock repurchase plans are generally 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) issued 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 firm earned $2.01 billion during the quarter, compared to analysts' expectations of $1.98 billion. Sirius XM had a negative return on equity of 129.67% and a net margin of 12.76%. The firm's revenue was up 37.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 earnings per share. View Sirius XM's Earnings History.
When is Sirius XM's next earnings date?
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 issued an update on its FY 2020
Pre-Market earnings guidance on Tuesday, January, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $8.1-8.1 billion, compared to the consensus revenue estimate of $8.25 billion.
What price target have analysts set for SIRI?
11 Wall Street analysts have issued 12-month target prices for Sirius XM's shares. Their forecasts range from $6.00 to $8.50. On average, they expect Sirius XM's stock price to reach $7.66 in the next twelve months. This suggests a possible upside of 7.6% 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?
Media stories about SIRI stock have been trending somewhat negative on Tuesday, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sirius XM earned a news impact score of -1.4 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Sirius XM.
Are investors shorting Sirius XM?
Sirius XM saw a decrease in short interest in December. As of December 31st, there was short interest totalling 185,060,000 shares, a decrease of 5.4% from the December 15th total of 195,720,000 shares. Based on an average trading volume of 18,420,000 shares, the days-to-cover ratio is presently 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?
What other stocks do shareholders of Sirius XM own?
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 many different of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.29%), Zurcher Kantonalbank Zurich Cantonalbank (0.03%), Gateway Investment Advisers LLC (0.01%), IFP Advisors Inc (0.01%), Assenagon Asset Management S.A. (0.01%) and Nisa Investment Advisors LLC (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 major investors are selling Sirius XM stock?
SIRI stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, W.E. Donoghue & Co. LLC, IFM Investors Pty Ltd, State of Alaska Department of Revenue, Lindbrook Capital LLC, Assenagon Asset Management S.A., RFG Advisory LLC and Centerpoint Advisors 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 major 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 Chicago Partners Investment Group LLC. 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 $7.12.
How big of a company is Sirius XM?
Sirius XM has a market capitalization of $31.47 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?
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)
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.
