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

$5.99
-0.17 (-2.76 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$5.96
Now: $5.99
$6.15
50-Day Range
$5.91
MA: $6.10
$6.34
52-Week Range
$5.23
Now: $5.99
$7.25
Volume17.55 million shs
Average Volume20.81 million shs
Market Capitalization$26.65 billion
P/E Ratio23.04
Dividend Yield0.79%
Beta1.03
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. Read More…

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$0.3298 per share
Book Value($0.11) per share

Profitability

Net Income$1.18 billion

Miscellaneous

Employees2,699
Outstanding Shares4,449,820,000
Market Cap$26.65 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 Tuesday, July 16th. Shareholders of record on Friday, August 9th will be paid a dividend of $0.0121 per share on Friday, August 30th. This represents a $0.05 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, August 8th. View Sirius XM's Dividend History.

How will Sirius XM's stock buyback program work?

Sirius XM announced that its board has approved a share buyback plan on Tuesday, January 29th 2019, 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 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.

How were Sirius XM's earnings last quarter?

Sirius XM Holdings Inc (NASDAQ:SIRI) posted its earnings results on Tuesday, July, 30th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. The firm earned $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. Sirius XM had a net margin of 15.25% and a negative return on equity of 117.72%. The firm's quarterly revenue was up 38.1% compared to the same quarter last year. During the same period last year, the business posted $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, October 23rd 2019. View Earnings Estimates for Sirius XM.

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

Sirius XM updated its FY 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.8-7.8 billion, compared to the consensus revenue estimate of $7.71 billion.

What price target have analysts set for SIRI?

10 equities research analysts have issued 12-month price targets for Sirius XM's shares. Their forecasts range from $6.00 to $9.15. On average, they expect Sirius XM's stock price to reach $7.4188 in the next twelve months. This suggests a possible upside of 23.9% from the stock's current price. View Analyst Price Targets for Sirius XM.

What is the consensus analysts' recommendation for Sirius XM?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. 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)
  • 2. According to Zacks Investment Research, "Sirius XM’s revenues in first-quarter 2019 benefited from the acquisition of Pandora, growth in subscriber base and higher average revenue per user (ARPU). Pandora’s revenues and subscriber base were also higher than the year-ago period. Notably, Pandora’s ad revenues witnessed record growth for the first quarter. This growth is expected to continue in the near term owing to Sirius XM’s efforts to boost advertisers reach. Additionally, the company’s strategy to tap users outside the automobile market with the launch of a streaming-only package, Essential, is likely to drive revenues in the near term. Moreover, increasing adoption of Sirius XM’s 360L platform among automakers like General Motors is a positive. However, the company’s profitability took a hit owing to costs associated with Pandora acquisition and higher tax rate. Also, shares have underperformed the industry over the past year." (5/6/2019)
  • 3. Barrington Research analysts commented, "We reaffirm our OUTPERFORM investment rating and $8 price target: Sirius XM continues to offer an excellent business model with solid organic revenue trajectory and cash generation, with more opportunities to reach consumers through the Pandora acquisition. Strong cash flow supports additional share repurchases, on which management is being aggressive, and the $0.0484 annual dividend." (4/24/2019)

Has Sirius XM been receiving favorable news coverage?

Press coverage about SIRI stock has been trending positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sirius XM earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Sirius XM.

Are investors shorting Sirius XM?

Sirius XM saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 195,622,300 shares, an increase of 6.4% from the June 15th total of 183,847,700 shares. Based on an average trading volume of 25,550,000 shares, the days-to-cover ratio is presently 7.7 days. Currently, 12.5% of the company's shares are short sold. View Sirius XM's Current Options Chain.

Who are some of Sirius XM's key competitors?

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

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 a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.66%), BlackRock Inc. (2.66%), Vanguard Group Inc. (1.96%), Invesco Ltd. (1.10%), Zimmer Partners LP (0.74%) and Eagle Asset Management Inc. (0.34%). Company insiders that own Sirius XM stock include Dara F Altman, David J Frear, James Arthur Cady, James E Meyer, James Mooney, James P Holden, Jennifer C Witz, 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 Renaissance Technologies LLC, Zimmer Partners LP, BlackRock Inc., BlackRock Inc., UBS Group AG, Marshall Wace LLP, Schroder Investment Management Group and Schroder Investment Management Group. Company insiders that have sold Sirius XM company stock in the last year include James Arthur Cady, James P Holden, Jennifer C Witz, 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 Invesco Ltd., Nuveen Asset Management LLC, Jane Street Group LLC, California Public Employees Retirement System, OMERS ADMINISTRATION Corp, United Capital Financial Advisers LLC, Envestnet Asset Management Inc. and WINTON GROUP Ltd. 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 $5.99.

How big of a company is Sirius XM?

Sirius XM has a market capitalization of $26.65 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.View Additional Information About Sirius XM.

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:  606 (Vote Outperform)
Underperform Votes:  604 (Vote Underperform)
Total Votes:  1,210
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 8/25/2019 by MarketBeat.com Staff

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