NASDAQ:SIRI - Sirius XM Stock Price, News, & Analysis

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$6.1850 -0.06 (-0.96 %)
(As of 12/14/2018 02:17 PM ET)
Previous Close$6.24
Today's Range$6.15 - $6.3350
52-Week Range$5.17 - $7.70
Volume18.93 million shs
Average Volume26.10 million shs
Market Capitalization$28.39 billion
P/E Ratio30.93
Dividend Yield0.77%
Beta1.06
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Radio broadcasting stations
Sub-IndustryCable & Satellite
SectorConsumer Discretionary
Current SymbolNASDAQ:SIRI
Previous Symbol
CUSIP82967N10
Phone212-584-5100

Debt

Debt-to-Equity RatioN/A
Current Ratio0.18
Quick Ratio0.17

Price-To-Earnings

Trailing P/E Ratio30.93
Forward P/E Ratio23.79
P/E Growth1.61

Sales & Book Value

Annual Sales$5.43 billion
Price / Sales5.12
Cash Flow$0.2557 per share
Price / Cash Flow24.19
Book Value($0.33) per share
Price / Book-18.74

Profitability

EPS (Most Recent Fiscal Year)$0.20
Net Income$647.90 million
Net Margins15.64%
Return on Equity-78.49%
Return on Assets13.79%

Miscellaneous

Employees2,575
Outstanding Shares4,491,860,000
Market Cap$28.39 billion
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 Tuesday, October 9th. Investors of record on Friday, November 9th will be paid a dividend of $0.0121 per share on Friday, November 30th. This represents a $0.05 annualized dividend and a yield of 0.78%. The ex-dividend date is Thursday, November 8th. 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 of Directors has initiated a share buyback program on Wednesday, January 24th 2018, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign 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 quarterly earnings data on Wednesday, October, 24th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.06 by $0.01. The firm had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.46 billion. Sirius XM had a negative return on equity of 78.49% and a net margin of 15.64%. Sirius XM's quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the firm posted $0.06 EPS. View Sirius XM's Earnings History.

When is Sirius XM's next earnings date?

Sirius XM is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Sirius XM.

What guidance has Sirius XM issued on next quarter's earnings?

Sirius XM issued an update on its FY 2018 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.725-5.725 billion, compared to the consensus revenue estimate of $5.76 billion.

What price target have analysts set for SIRI?

14 analysts have issued 1-year target prices for Sirius XM's stock. Their predictions range from $5.00 to $9.15. On average, they anticipate Sirius XM's stock price to reach $6.8393 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Sirius XM.

What is the consensus analysts' recommendation for Sirius XM?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 4 sell ratings, 6 hold ratings and 4 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's self-pay subscriber base and new subscriber base are witnessing growth due to strong content portfolio. Additionally, Sirius XM’s partnership with Amazon to provide free access to a few of its subscription packages for existing Echo holders is expected to further boost its subscriber base and their engagement levels. Post Pandora’s acquisition, Sirius XM’s 36 million subscribers across North America and Pandora’s 71.4 million monthly active users (MAUs) together will lead to the creation of the world’s largest audio entertainment company. Moreover, the raised full-year guidance for self-pay subscriber additions, revenues and adjusted EBITDA bodes well. Notably, shares have outperformed the industry on a year-to-date basis. However, increasing royalty related expense is expected to keep margins under pressure. Slowdown in auto sales is also a concern." (12/6/2018)
  • 2. Pivotal Research analysts commented, "We remind investors that our relatively cautious stance on SIRI is driven by the Pandora equity deal which changed investor focus on SIRI from a dramatic equity shrink in a relatively short period of time to deals and buybacks over a more extended period, which in our view, brings into play the still arguably rich (at 14X ’19 EBITDA and 18X ’19 FCF after tax) valuation. The reduction in our YE’19 target price $7.25 to $7.00 was driven by 2 factors: we raised our discount rate used in our DCF from 8 to 9% to better reflect the higher interest rate environment and pushed back our assumption for a price increase from ’19 to ’20." (10/24/2018)
  • 3. Barrington Research analysts commented, "We had moved to OUTPERFORM on 1 due to the significant potential we expected in the blend of subscription products combined with monetization of the ad-based service. The all-stock acquisition price terms initially indicated a $10.14 per share value for P based on the trailing 30-day average for SIRI, close to our price target of $11 and 50% above our upgrade price. However, the announced price was also only 13.8% above the 30-day VWAP, indicating a belief that a significant share of the price arbitrage between the equities had occurred in recent trading. We are maintaining our top investment rating on SIRI, though news of the deal has pressured its shares lower. Since P should trade in relationship with SIRI, we maintain our investment rating on P as well." (9/24/2018)

Has Sirius XM been receiving favorable news coverage?

News coverage about SIRI stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press 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 negative five to five, with scores closest to five being the most favorable. Sirius XM earned a daily sentiment score of 1.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the immediate future.

Are investors shorting Sirius XM?

Sirius XM saw a increase in short interest in November. As of November 30th, there was short interest totalling 214,838,737 shares, an increase of 6.1% from the November 15th total of 202,446,373 shares. Based on an average daily trading volume, of 27,569,018 shares, the days-to-cover ratio is currently 7.8 days. Currently, 16.9% of the shares of the company are short sold. 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)

Who are Sirius XM's major shareholders?

Sirius XM's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.69%), Vanguard Group Inc (1.53%), Vanguard Group Inc. (1.53%), FMR LLC (0.45%), Eagle Asset Management Inc. (0.38%) and New South Capital Management Inc. (0.32%). 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 FMR LLC, Mitsubishi UFJ Trust & Banking Corp, BlackRock Inc., Vanguard Group Inc., Vanguard Group Inc, Neuberger Berman Group LLC, Cambridge Investment Research Advisors Inc. and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. Company insiders that have sold Sirius XM company stock in the last year include Dara F Altman, David J Frear, James Mooney, Joan Lordi Amble, Joseph A Verbrugge, 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 Wells Fargo & Company MN, Renaissance Technologies LLC, Janus Henderson Group PLC, Morgan Stanley, Point72 Asset Management L.P., MERIAN GLOBAL INVESTORS UK Ltd, Capital Fund Management S.A. and Schroder Investment Management Group. 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 $6.1850.

How big of a company is Sirius XM?

Sirius XM has a market capitalization of $28.39 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.

What is Sirius XM's official website?

The official website for Sirius XM is http://www.siriusxm.com.

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  552 (Vote Outperform)
Underperform Votes:  523 (Vote Underperform)
Total Votes:  1,075
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.
This page was last updated on 12/14/2018 by MarketBeat.com Staff

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