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-4.35
Current Ratio0.18
Quick Ratio0.17
Price-To-Earnings
Trailing P/E Ratio35.55
Forward P/E Ratio28.44
P/E Growth1.93
Sales & Book Value
Annual Sales$5.43 billion
Price / Sales5.89
Cash Flow$0.2605 per share
Price / Cash27.29
Book Value($0.33) per share
Price / Book-21.55
Profitability
EPS (Most Recent Fiscal Year)$0.20
Net Income$647.90 million
Net Margins13.26%
Return on Equity-76.24%
Return on Assets11.74%
Miscellaneous
Employees2,575
Outstanding Shares4,491,860,000
Market Cap$32,026.99
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 given 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 0.62%. The ex-dividend date 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 approved a stock buyback plan on Wednesday, January 24th 2018, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board believes its shares are undervalued.
How were Sirius XM's earnings last quarter?
Sirius XM Holdings Inc (NASDAQ:SIRI) issued its earnings results on Wednesday, April, 25th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.01. The company earned $1.38 billion during the quarter, compared to the consensus estimate of $1.37 billion. Sirius XM had a negative return on equity of 76.24% and a net margin of 13.26%. The firm's revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.04 earnings per share. View Sirius XM's Earnings History.
When is Sirius XM's next earnings date?
What price target have analysts set for SIRI?
18 Wall Street analysts have issued 1-year target prices for Sirius XM's stock. Their forecasts range from $5.00 to $8.50. On average, they anticipate Sirius XM's stock price to reach $6.6719 in the next twelve months. This suggests that the stock has a possible downside of 6.2%. View Analyst Ratings for Sirius XM.
What is the consensus analysts' recommendation for Sirius XM?
18 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 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
What are Wall Street analysts saying about Sirius XM stock?
Here are some recent quotes from research analysts about Sirius XM stock:
- 1. 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)
- 2. According to Zacks Investment Research, "Sirius XM continues to incur high operating expense which is an overhang on company’s bottom line. High escalated debt level is also a major concern. Moreover, stiff competition may act as a strong headwind for the company going forward. The company mixed record of earnings surprises in recent quarters. However, growth in net subscriber is a positive. Shares of Sirius have outperformed its industry in the past year." (4/11/2018)
Are investors shorting Sirius XM?
Sirius XM saw a decline in short interest during the month of June. As of June 29th, there was short interest totalling 215,404,423 shares, a decline of 1.3% from the June 15th total of 218,259,571 shares. Based on an average trading volume of 25,981,816 shares, the days-to-cover ratio is currently 8.3 days. Currently, 16.5% of the company's shares 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. James Arthur Cady, Exec. VP of Operations, Products & Connected Vehicle (Age 58)
- Mr. Patrick L. Donnelly, Exec. VP, Gen. Counsel & Sec. (Age 56)
Has Sirius XM been receiving favorable news coverage?
Media headlines about SIRI stock have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sirius XM earned a news impact score of 0.09 on Accern's scale. They also gave headlines about the company an impact score of 45.32 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Sirius XM's major shareholders?
Sirius XM's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Boston Advisors LLC (0.04%), Creative Planning (0.04%), Gateway Investment Advisers LLC (0.03%), Broadleaf Partners LLC (0.01%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.01%) and Assenagon Asset Management S.A. (0.01%). 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 Boston Advisors LLC, Assenagon Asset Management S.A. and LS Investment Advisors LLC. 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 purchased by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Broadleaf Partners LLC, DnB Asset Management AS, Clinton Group Inc., Nisa Investment Advisors LLC, FormulaFolio Investments LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund and State of Alaska Department of Revenue. 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 $7.11.
How big of a company is Sirius XM?
Sirius XM has a market capitalization of $32.03 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.
