Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to 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. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides 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; real-time traffic services; and real-time weather services. Additionally, it offers 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. The company also sells satellite radios directly to consumers through its Website, as well as through automakers and retailers. 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Radio broadcasting stations
Sub-IndustryCable & Satellite
SectorConsumer Discretionary
SymbolNASDAQ:SIRI
CUSIP82967N10
Phone212-584-5100
Debt
Debt-to-Equity Ratio-4.70
Current Ratio0.16
Quick Ratio0.16
Price-To-Earnings
Trailing P/E Ratio34.80
Forward P/E Ratio27.80
P/E Growth1.86
Sales & Book Value
Annual Sales$5.43 billion
Price / Sales5.75
Cash Flow$0.2609 per share
Price / Cash26.64
Book Value($0.33) per share
Price / Book-21.06
Profitability
EPS (Most Recent Fiscal Year)$0.20
Net Income$647.90 million
Net Margins14.68%
Return on Equity-78.24%
Return on Assets12.84%
Miscellaneous
Employees2,575
Outstanding Shares4,491,860,000
Market Cap$31.26 billion
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 Wednesday, July 18th. Shareholders of record on Friday, August 10th will be paid a dividend of $0.011 per share on Friday, August 31st. This represents a $0.04 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date of this dividend is Thursday, August 9th. View Sirius XM's Dividend History.
How will Sirius XM's stock buyback program work?
Sirius XM declared that its board has initiated a stock buyback program on Wednesday, January 24th 2018, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.
How were Sirius XM's earnings last quarter?
Sirius XM Holdings Inc (NASDAQ:SIRI) issued its earnings results on Wednesday, July, 25th. The company reported $0.06 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.06. The firm earned $1.43 billion during the quarter, compared to the consensus estimate of $1.42 billion. Sirius XM had a negative return on equity of 78.24% and a net margin of 14.68%. The company's quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.04 EPS. View Sirius XM's Earnings History.
When is Sirius XM's next earnings date?
What price target have analysts set for SIRI?
17 equities research analysts have issued 1-year target prices for Sirius XM's shares. Their forecasts range from $5.00 to $8.50. On average, they anticipate Sirius XM's stock price to reach $6.7633 in the next year. This suggests that the stock has a possible downside of 2.7%. View Analyst Price Targets for Sirius XM.
What is the consensus analysts' recommendation for Sirius XM?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 4 sell ratings, 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 largely benifited from subscriber growth in second-quarter 2018. Regular addition of self-pay subscribers is proving worthy for the company. Solid new car as well as used car conversion rates significantly contributed to self-pay subscriber growth. Moreover, improving new car as well as used car penetration bodes well for the company. The company’s expanding product portfolio is a key catalyst. Sirius XM has outperformed the industry on a year-to-date basis. However, increasing royalty fee will keep margins under pressure. Moreover, stiff competition is a headwind." (7/30/2018)
- 2. Barrington Research analysts commented, "We had maintained our top rating on SIRI for many years through the start of 2018. Since the collapse of its stock price in 2009 and its flirtation with bankruptcy following a financial crisis of its own as it attempted to refinance some debt following the merger of XM and Sirius that created the combined enterprise, the stock has traded relentlessly higher with only relatively brief periods of pause or decline. Increasing valuation metrics and a surprisingly burdensome royalty ruling around the turn of the current year caused us to feel a leveling in the stock price trend was likely. We moved our rating to MARKET PERFORM at that time, expecting more of a pause than an extended decline as management grappled with the surprising royalty issue." (6/29/2018)
Are investors shorting Sirius XM?
Sirius XM saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 196,140,974 shares, a drop of 1.0% from the July 13th total of 198,203,691 shares. Based on an average trading volume of 13,248,318 shares, the short-interest ratio is presently 14.8 days. Currently, 14.9% of the company's stock are sold short. View Sirius XM's Current Options Chain.
Who are some of Sirius XM's key competitors?
Who are Sirius XM's key executives?
Sirius XM's management team includes the folowing people:
- Mr. James E. Meyer, CEO & Director (Age 63)
- Mr. Scott A. Greenstein, Pres & Chief Content Officer (Age 58)
- Mr. David J. Frear, Sr. EVP & CFO (Age 61)
- Mr. Stephen R. Cook, Exec. VP of Sales & Automotive (Age 62)
- Ms. Jennifer C. Witz, Chief Marketing Officer & Exec. VP (Age 49)
Has Sirius XM been receiving favorable news coverage?
News stories about SIRI stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sirius XM earned a media and rumor sentiment score of 0.19 on Accern's scale. They also gave media coverage about the company an impact score of 47.52 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Sirius XM.
Who are Sirius XM's major shareholders?
Sirius XM's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.74%), FMR LLC (1.16%), Eagle Asset Management Inc. (0.38%), Carillon Tower Advisers Inc. (0.26%), Bank of New York Mellon Corp (0.18%) and Legal & General Group Plc (0.15%). Company insiders that own Sirius XM stock include Dara F Altman, David J Frear, James E Meyer, James Mooney, Joan Lordi Amble, Joseph A Verbrugge, Patrick L Donnelly, 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 Natixis, Bank of New York Mellon Corp, Legal & General Group Plc, AMP Capital Investors Ltd, Millennium Management LLC, Barings LLC, State Board of Administration of Florida Retirement System and Great West Life Assurance Co. Can. Company insiders that have sold Sirius XM company stock in the last year include Dara F Altman, David J Frear, James E Meyer, James Mooney, Joan Lordi Amble, Joseph A Verbrugge, Patrick L Donnelly, 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Teacher Retirement System of Texas, Renaissance Technologies LLC, Morgan Stanley, Chevy Chase Trust Holdings Inc., First Trust Advisors LP and Worldquant Millennium Quantitative Strategies 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, Scottrade, Fidelity and Charles Schwab.
What is Sirius XM's stock price today?
One share of SIRI stock can currently be purchased for approximately $6.95.
How big of a company is Sirius XM?
Sirius XM has a market capitalization of $31.26 billion and generates $5.43 billion in revenue each year. The company earns $647.90 million in net income (profit) each year or $0.20 on an earnings per share basis. Sirius XM employs 2,575 workers across the globe.
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.
