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

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$6.03 +0.11 (+1.86 %)
(As of 02/17/2019 10:36 AM ET)
Previous Close$6.03
Today's Range$5.96 - $6.04
52-Week Range$5.48 - $7.70
Volume21.06 million shs
Average Volume28.49 million shs
Market Capitalization$27.09 billion
P/E Ratio23.19
Dividend Yield0.84%
Beta1.04
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

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$0.3354 per share
Book Value($0.40) per share

Profitability

Net Income$1.18 billion

Miscellaneous

Employees2,699
Outstanding Shares4,491,864,000
Market Cap$27.09 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 announced a quarterly dividend on Tuesday, January 29th. Investors of record on Monday, February 11th will be given a dividend of $0.0121 per share on Thursday, February 28th. This represents a $0.05 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend is Friday, February 8th. View Sirius XM's Dividend History.

How will Sirius XM's stock buyback program work?

Sirius XM announced that its Board of Directors has authorized a stock buyback program 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 reacquire up to 7.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

How were Sirius XM's earnings last quarter?

Sirius XM Holdings Inc (NASDAQ:SIRI) posted its earnings results on Wednesday, January, 30th. The company reported $0.06 EPS for the quarter, meeting the Zacks' consensus estimate of $0.06. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.48 billion. Sirius XM had a negative return on equity of 76.76% and a net margin of 20.38%. Sirius XM's quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.01) 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 earnings per share 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?

13 Wall Street analysts have issued 12-month price targets 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 $7.2083 in the next year. This suggests a possible upside of 19.5% from the stock's current price. View Analyst Price Targets for Sirius XM.

What is the consensus analysts' recommendation for Sirius XM?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 3 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 faces intense competition in the streaming space from the likes of Apple and Spotify, which is expected to hurt the top line in the near term. Additionally, increasing royalty related expense is expected to keep margins under pressure. Moreover, slowdown in new car penetration due to reduced penetration in high fleet sales with a few automakers is also a concern. However, growth in subscriber base and higher average revenue per user (ARPU) aided fourth-quarter 2018 top line. The company’s subscriber base is witnessing growth owing to a strong content portfolio. Additionally, after Pandora acquisition, Sirius XM has more than 100 million listeners in North America. The acquisition is also expected to further boost its content slate, which is a positive." (2/11/2019)
  • 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?

News headlines about SIRI stock have been trending negative recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sirius XM earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

Are investors shorting Sirius XM?

Sirius XM saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 275,465,225 shares, an increase of 10.8% from the January 15th total of 248,544,109 shares. Based on an average trading volume of 30,829,771 shares, the days-to-cover ratio is currently 8.9 days. Currently, 23.5% 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 64)
  • Mr. Scott A. Greenstein, Pres & Chief Content Officer (Age 59)
  • Mr. David J. Frear, Sr. EVP & CFO (Age 62)
  • Mr. Stephen R. Cook, Exec. VP of Sales & Automotive (Age 63)
  • Ms. Jennifer C. Witz, Chief Marketing Officer & Exec. VP (Age 50)

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. (1.81%), Eagle Asset Management Inc. (0.40%), Geode Capital Management LLC (0.35%), Northern Trust Corp (0.28%), Legal & General Group Plc (0.19%) and California Public Employees Retirement System (0.18%). 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 New South Capital Management Inc., Public Employees Retirement System of Ohio, First Trust Advisors LP, D. E. Shaw & Co. Inc., Mackay Shields LLC, New York State Common Retirement Fund, Amundi Pioneer Asset Management 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, 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 BlackRock Inc., MERIAN GLOBAL INVESTORS UK Ltd, Squarepoint Ops LLC, California Public Employees Retirement System, Two Sigma Investments LP, Legal & General Group Plc, Canada Pension Plan Investment Board and Eagle Asset Management Inc.. 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 $6.03.

How big of a company is Sirius XM?

Sirius XM has a market capitalization of $27.09 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:  2.6 out of 5 (star star)
Outperform Votes:  570 (Vote Outperform)
Underperform Votes:  547 (Vote Underperform)
Total Votes:  1,117
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 2/17/2019 by MarketBeat.com Staff

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