NASDAQ:SIRISirius XM Stock Price, Forecast & News

Sirius XM's stock was trading at $6.05 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SIRI stock has decreased by 0.2% and is now trading at $6.04.
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13 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 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Sirius XM is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
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Sirius XM Holdings Inc (NASDAQ:SIRI) issued its quarterly earnings results on Thursday, July, 30th. The company reported $0.05 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.05. The company earned $1.87 billion during the quarter, compared to analysts' expectations of $1.88 billion. Sirius XM had a negative return on equity of 141.29% and a net margin of 12.98%. The business's quarterly revenue was down 5.2% on a year-over-year basis. During the same period last year, the firm earned $0.06 EPS.
View Sirius XM's earnings history.

Sirius XM announced a quarterly dividend on Tuesday, July 14th. Investors of record on Friday, August 7th will be given a dividend of $0.0133 per share on Monday, August 31st. This represents a $0.05 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, August 6th.
View Sirius XM's dividend history.

Sirius XM announced that its board has approved a stock buyback program on Tuesday, July 14th 2020, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its stock is undervalued.

Sirius XM updated its FY 2020 Pre-Market earnings guidance on Thursday, July, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.7-7.7 billion, compared to the consensus revenue estimate of $7.74 billion.

13 equities research analysts have issued 12-month target prices for Sirius XM's stock. Their forecasts range from $4.50 to $8.50. On average, they anticipate Sirius XM's stock price to reach $7.13 in the next twelve months. This suggests a possible upside of 18.1% from the stock's current price.
View analysts' price targets for Sirius XM.

Media coverage about SIRI stock has been trending somewhat negative on Friday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Sirius XM earned a coverage optimism score of -1.6 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
View the latest news about Sirius XM.

Sirius XM saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 186,810,000 shares, an increase of 22.6% from the April 30th total of 152,380,000 shares. Based on an average daily volume of 34,359,600 shares, the short-interest ratio is currently 5.4 days. Approximately 15.6% of the shares of the stock are short sold.
View Sirius XM's Short Interest.

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).
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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), Walt Disney (DIS), Micron Technology (MU), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ) and NVIDIA (NVDA).

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

Sirius XM's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.54%), Nordea Investment Management AB (0.38%), Goldman Sachs Group Inc. (0.33%), California Public Employees Retirement System (0.22%), Bank of New York Mellon Corp (0.17%) and Sumitomo Mitsui Trust Holdings Inc. (0.12%). Company insiders that own Sirius XM stock include David J Frear, David Zaslav, Gregory B Maffei, 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 institutional ownership trends for Sirius XM.

SIRI stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Sumitomo Mitsui Trust Holdings Inc., California Public Employees Retirement System, First Trust Advisors LP, Vanguard Group Inc., Swiss National Bank, Optimal Asset Management Inc., and New York State Common Retirement Fund. 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, Patrick L Donnelly, Scott Andrew Greenstein, and Thomas D Barry.
View insider buying and selling activity for Sirius XM.

SIRI stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, PGGM Investments, Victory Capital Management Inc., Mn Services Vermogensbeheer B.V., Milestone Advisory Partners, MERIAN GLOBAL INVESTORS UK Ltd, Robeco Institutional Asset Management B.V., and Colonial Trust Advisors.
View insider buying and selling activity for 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.

One share of SIRI stock can currently be purchased for approximately $6.04.

Sirius XM has a market capitalization of $26.22 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.

The official website for Sirius XM is www.siriusxm.com.

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]