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

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$5.70 -0.45 (-7.32 %)
(As of 04/24/2019 10:18 AM ET)
Previous Close$6.15
Today's Range$5.70 - $6.15
52-Week Range$5.48 - $7.70
Volume2.01 million shs
Average Volume28.29 million shs
Market Capitalization$25.60 billion
P/E Ratio22.08
Dividend Yield0.82%
Beta1.04
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. 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, as well as sell satellite radios directly to consumers through its Website, automakers, and retailers. Further, the company provides 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. Additionally, it offers 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; and real-time traffic and weather services. 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

Industry Radio broadcasting stations
Sub-IndustryCable & Satellite
SectorConsumer Discretionary
Current SymbolNASDAQ:SIRI
CUSIP82967N10
Phone212-584-5100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.77 billion
Cash Flow$0.3096 per share
Book Value($0.40) per share

Profitability

Net Income$1.18 billion

Miscellaneous

Employees2,699
Outstanding Shares4,491,864,000
Market Cap$25.60 billion
Next Earnings Date4/24/2019 (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 declared a quarterly dividend on Tuesday, April 23rd. Stockholders of record on Friday, May 10th will be given a dividend of $0.0121 per share on Friday, May 31st. This represents a $0.05 annualized dividend and a dividend yield of 0.84%. 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 plan 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 buy up to 7.7% of its shares through open market purchases. Shares buyback plans are generally 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) announced its earnings results on Wednesday, April, 24th. The company reported $0.03 EPS for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.02. The company had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.77 billion. Sirius XM had a net margin of 20.38% and a negative return on equity of 76.76%. The firm's revenue was up 26.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.06 earnings per share. 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, April 24th 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 2019 earnings guidance on Wednesday, January, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $6.1-6.1 billion, compared to the consensus revenue estimate of $6.08 billion.

What price target have analysts set for SIRI?

12 brokerages have issued 1-year price objectives for Sirius XM's shares. Their predictions range from $6.00 to $9.15. On average, they anticipate Sirius XM's stock price to reach $7.2864 in the next year. This suggests a possible upside of 26.9% from the stock's current price. View Analyst Price Targets for Sirius XM.

What is the consensus analysts' recommendation for Sirius XM?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 2 sell ratings, 4 hold ratings and 6 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 shares have underperformed the industry over the past year. The company is facing significant competition in the music streaming market, which is currently dominated by the likes of Spotify and Apple. Higher royalty expenses along with increasing music licensing costs are expected to keep margins under pressure. Further, the company has a leveraged balance sheet that does not bode well. Nevertheless, it is witnessing growth in subscriber base and average revenue per user (ARPU) owing to its strong content portfolio. The acquisition of Pandora will further strengthen its content slate. Moreover, its expanded partnership with automotive OEMs like Toyota is a key growth driver." (4/3/2019)
  • 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, but fair (at 14X ’19 EBITDA and 18X ’19 FCF after tax) valuation. We continue to prefer SIRI’s primary shareholder LSXMA (BUY) which trades at an unwarranted 29% discount to NAV." (1/31/2019)

Has Sirius XM been receiving favorable news coverage?

Media coverage about SIRI stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sirius XM earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the near future.

Are investors shorting Sirius XM?

Sirius XM saw a drop in short interest during the month of March. As of March 29th, there was short interest totalling 183,148,882 shares, a drop of 1.3% from the March 15th total of 185,564,123 shares. Based on an average daily volume of 33,179,919 shares, the days-to-cover ratio is presently 5.5 days. Currently, 11.7% of the shares of the 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sirius XM investors own include Bank of America (BAC), General Electric (GE), AT&T (T), Ford Motor (F), Advanced Micro Devices (AMD), Micron Technology (MU), Intel (INTC), NVIDIA (NVDA), Netflix (NFLX) and Alibaba Group (BABA).

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 institutional and retail investors. Top institutional investors include Gateway Investment Advisers LLC (0.03%), Broadleaf Partners LLC (0.01%), Broadleaf Partners LLC (0.01%), Gulf International Bank UK Ltd (0.01%), State of Alaska Department of Revenue (0.01%) and Virtu Financial LLC (0.01%). Company insiders that own Sirius XM stock include Dara F Altman, David J Frear, James Arthur Cady, 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 institutional investors are selling Sirius XM stock?

SIRI stock was sold by a variety of institutional investors in the last quarter, including Virginia National Bank, Gateway Investment Advisers LLC, Sanders Morris Harris LLC, DNB Asset Management AS, TIAA FSB, Broadleaf Partners LLC, Edge Wealth Management LLC and Lourd Capital LLC. Company insiders that have sold Sirius XM company stock in the last year include Dara F Altman, David J Frear, James Arthur Cady, James Mooney, Joan Lordi Amble, Stephen Cook and Thomas D Barry. View Insider Buying and Selling for Sirius XM.

Which institutional investors are buying Sirius XM stock?

SIRI stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Broadleaf Partners LLC, Mercer Global Advisors Inc. ADV, Mercer Global Advisors Inc. ADV, Ingalls & Snyder LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue and Ridgewood Investments 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 $5.74.

How big of a company is Sirius XM?

Sirius XM has a market capitalization of $25.78 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.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  580 (Vote Outperform)
Underperform Votes:  581 (Vote Underperform)
Total Votes:  1,161
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 4/24/2019 by MarketBeat.com Staff

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