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$7.79 billion
Profitability
Miscellaneous
Employees4,534
Next Earnings Date4/22/2020 (Estimated)
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 declared a quarterly dividend on Thursday, January 30th. Investors of record on Wednesday, February 12th will be paid a dividend of $0.0133 per share on Friday, February 28th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Tuesday, February 11th. View Sirius XM's Dividend History.
How will Sirius XM's stock buyback program work?
Sirius XM declared that its board has authorized a share buyback program on Tuesday, January 29th 2019, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 7.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.
How were Sirius XM's earnings last quarter?
Sirius XM Holdings Inc (NASDAQ:SIRI) announced its quarterly earnings data on Tuesday, February, 4th. The company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. The firm earned $2.06 billion during the quarter, compared to analyst estimates of $2.03 billion. Sirius XM had a negative return on equity of 204.95% and a net margin of 11.73%. The business's quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.06 earnings per share. View Sirius XM's Earnings History.
When is Sirius XM's next earnings date?
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, February, 4th. 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 $8.22 billion.
What price target have analysts set for SIRI?
8 brokerages have issued 12 month price targets for Sirius XM's shares. Their forecasts range from $7.50 to $8.50. On average, they anticipate Sirius XM's stock price to reach $8.03 in the next twelve months. This suggests a possible upside of 26.7% from the stock's current price. View Analyst Price Targets for Sirius XM.
What is the consensus analysts' recommendation for Sirius XM?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 3 hold ratings and 5 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 headlines about SIRI stock have been trending very negative on Saturday, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news 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 daily sentiment score of -4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Sirius XM.
Are investors shorting Sirius XM?
Sirius XM saw a decline in short interest in February. As of February 14th, there was short interest totalling 167,290,000 shares, a decline of 8.6% from the January 30th total of 183,090,000 shares. Based on an average daily volume of 18,630,000 shares, the days-to-cover ratio is presently 9.0 days. Currently, 13.4% of the company's stock are sold short. 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 a number of of retail and institutional investors. Top institutional investors include State Street Corp (0.83%), Renaissance Technologies LLC (0.70%), Geode Capital Management LLC (0.43%), Eagle Asset Management Inc. (0.34%), California Public Employees Retirement System (0.29%) and Bank of New York Mellon Corp (0.17%). 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, 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 National Pension Service, New York State Common Retirement Fund, Eagle Asset Management Inc., Cubist Systematic Strategies LLC, Janus Henderson Group PLC, Schroder Investment Management Group, Hussman Strategic Advisors Inc. and Korea Investment CORP. 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 and Thomas D Barry. View Insider Buying and Selling for Sirius XM.
Which major investors are buying Sirius XM stock?
SIRI stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, First Trust Advisors LP, Jane Street Group LLC, UBS Group AG, Great West Life Assurance Co. Can, Zurcher Kantonalbank Zurich Cantonalbank, Man Group plc and Trexquant Investment LP. 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 $6.34.
How big of a company is Sirius XM?
Sirius XM has a market capitalization of $27.98 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.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 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]
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.
