NASDAQ:SIRISirius XM Stock Price, Forecast & News

$5.30

+0.11 (+2.12 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$5.17

Now: $5.31▼

$5.35

50-Day Range

$4.48

MA: $5.37▼

$5.92

52-Week Range

$4.11

Now: $5.31▼

$7.40

Volume39.03 million shs

Average Volume28.29 million shs

Market Capitalization$23.23 billion

P/E Ratio23.07

Dividend Yield0.94%

Beta1.22

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.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Sirius XM has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $6.91, Sirius XM has a potential upside of 30.2% from its current price of $5.31.
Amount of Analyst Coverage
Sirius XM has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Sirius XM has received 674 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sirius XM has received 725 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sirius XM has received 51.82% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Sirius XM is a leading dividend payer. It pays a dividend yield of 0.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Sirius XM has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Sirius XM is 25.00 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sirius XM will have a dividend payout ratio of 20.00 % next year. This indicates that Sirius XM will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sirius XM insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $474,600.00 in company stock.
Percentage Held by Insiders
Only 0.93% of the stock of Sirius XM is held by insiders.
Percentage Held by Institutions
Only 18.46% of the stock of Sirius XM is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Sirius XM are expected to grow by 8.70% in the coming year, from $0.23 to $0.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sirius XM is 23.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sirius XM is 23.07, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.69.
Price to Earnings Growth Ratio
Sirius XM has a PEG Ratio of 1.78. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

2.12 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Radio broadcasting stations

Sub-IndustryCable & Satellite

SectorConsumer Discretionary

Current SymbolNASDAQ:SIRI

Previous Symbol

CUSIP82967N10

CIK908937

Webwww.siriusxm.com

Phone212-584-5100

Debt

Debt-to-Equity RatioN/A

Current Ratio0.28

Quick Ratio0.28

Price-To-Earnings

Trailing P/E Ratio23.07

Forward P/E Ratio23.07

P/E Growth1.78

Sales & Book Value

Annual Sales$7.79 billion

Price / Sales2.98

Cash Flow$0.31 per share

Price / Cash Flow17.02

Book Value($0.17) per share

Price / Book-31.21

Profitability

EPS (Most Recent Fiscal Year)$0.20

Net Income$914 million

Net Margins13.06%

Return on Equity-153.53%

Return on Assets9.39%

Miscellaneous

Employees4,534

Outstanding Shares4,379,120,000

Market Cap$23.23 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Sirius XM (NASDAQ:SIRI) Frequently Asked Questions

How has Sirius XM's stock been impacted by COVID-19 (Coronavirus)?

Sirius XM's stock was trading at $6.05 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SIRI shares have decreased by 12.3% and is now trading at $5.3050. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Sirius XM?

12 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Sirius XM.

When is Sirius XM's next earnings date?

Sirius XM is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Sirius XM.

How were Sirius XM's earnings last quarter?

Sirius XM Holdings Inc (NASDAQ:SIRI) posted its quarterly earnings results on Tuesday, April, 28th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.02. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.93 billion. Sirius XM had a negative return on equity of 153.53% and a net margin of 13.06%. The firm's revenue for the quarter was up 11.9% on a year-over-year basis. During the same period last year, the business posted $0.03 EPS. View Sirius XM's earnings history.

How often does Sirius XM pay dividends? What is the dividend yield for Sirius XM?

Sirius XM declared a quarterly dividend on Tuesday, April 21st. Investors of record on Friday, May 8th will be given a dividend of $0.0133 per share on Friday, May 29th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Thursday, May 7th. 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 plan on Tuesday, January 29th 2019, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

What price target have analysts set for SIRI?

12 Wall Street analysts have issued twelve-month price targets for Sirius XM's shares. Their forecasts range from $4.50 to $8.50. On average, they anticipate Sirius XM's share price to reach $6.91 in the next year. This suggests a possible upside of 30.2% from the stock's current price. View analysts' price targets 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)

Has Sirius XM been receiving favorable news coverage?

Media headlines about SIRI stock have trended very negative this week, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sirius XM earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutSirius XM.

Who are some of Sirius XM's key competitors?

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). View all 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), AT&T (T), Ford Motor (F), General Electric (GE), Advanced Micro Devices (AMD), Walt Disney (DIS), NVIDIA (NVDA), Intel (INTC), Micron Technology (MU) and Netflix (NFLX).

Who are Sirius XM's key executives?

Sirius XM's management team includes the following 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)

What is Sirius XM's stock symbol?

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

Who are Sirius XM's major shareholders?

Sirius XM's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.08%), State Street Corp (0.84%), DSM Capital Partners LLC (0.52%), Geode Capital Management LLC (0.47%), Eagle Asset Management Inc. (0.34%) and California Public Employees Retirement System (0.28%). Company insiders that own Sirius XM stock include Dara F Altman, David J Frear, David Zaslav, Gregory B Maffei, James Arthur Cady, James E Meyer, 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 institutional investors are selling Sirius XM stock?

SIRI stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Jane Street Group LLC, Korea Investment CORP, Invesco Ltd., UBS Group AG, First Trust Advisors LP, JPMorgan Chase & Co., and The Manufacturers Life Insurance Company . 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, Jennifer C Witz, Patrick L Donnelly, Scott Andrew Greenstein, and Thomas D Barry. View insider buying and selling activity for Sirius XM.

Which institutional investors are buying Sirius XM stock?

SIRI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Deutsche Bank AG, Morgan Stanley, Sumitomo Mitsui Trust Holdings Inc., Janus Henderson Group PLC, Zimmer Partners LP, Two Sigma Investments LP, and APG Asset Management N.V.. View insider buying and selling activity 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 $5.31.

How big of a company is Sirius XM?

Sirius XM has a market capitalization of $23.23 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.

What is Sirius XM's official website?

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

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff