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

$4.81

-0.12 (-2.43 %)

(As of 03/30/2020 04:00 PM ET)

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Today's Range

$4.76

Now: $4.81▼

$5.08

50-Day Range

$4.44

MA: $6.33▼

$7.34

52-Week Range

$4.11

Now: $4.81▼

$7.40

Volume34.79 million shs

Average Volume27.59 million shs

Market Capitalization$21.23 billion

P/E Ratio25.32

Dividend Yield1.01%

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. 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.

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Radio broadcasting stations

Sub-IndustryCable & Satellite

SectorConsumer Discretionary

Current SymbolNASDAQ:SIRI

Previous Symbol

CUSIP82967N10

CIK908937

Webhttp://www.siriusxm.com/

Phone212-584-5100

Debt

Debt-to-Equity RatioN/A

Current Ratio0.30

Quick Ratio0.30

Price-To-Earnings

Trailing P/E Ratio25.32

Forward P/E Ratio19.24

P/E Growth1.71

Sales & Book Value

Annual Sales$7.79 billion

Price / Sales2.72

Cash Flow$0.30 per share

Price / Cash Flow15.81

Book Value($0.17) per share

Price / Book-28.29

Profitability

EPS (Most Recent Fiscal Year)$0.20

Net Income$914 million

Net Margins11.73%

Return on Equity-204.95%

Return on Assets8.33%

Miscellaneous

Employees4,534

Outstanding Shares4,413,944,000

Market Cap$21.23 billion

Next Earnings Date4/22/2020 (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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SIRI shares have decreased by 20.5% and is now trading at $4.81. View which stocks have been mosted impacted by Coronavirus.

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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 3 hold ratings and 6 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 Wednesday, April 22nd 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 data on Tuesday, February, 4th. The company reported $0.05 earnings per share for the quarter, hitting the consensus estimate of $0.05. The business earned $2.06 billion during the quarter, compared to analyst estimates of $2.03 billion. Sirius XM had a negative return on equity of 204.95% and a net margin of 11.73%. The company's revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.06 earnings per share. View Sirius XM's earnings history.

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

Sirius XM announced a quarterly dividend on Thursday, January 30th. Investors of record on Wednesday, February 12th will be given a dividend of $0.0133 per share on Friday, February 28th. This represents a $0.05 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Tuesday, February 11th. View Sirius XM's dividend history.

How will Sirius XM's stock buyback program work?

Sirius XM declared that its board has initiated a share buyback program on Tuesday, January 29th 2019, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

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

Sirius XM updated its FY 2020 Pre-Market earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $8.1-8.1 billion, compared to the consensus revenue estimate of $8.22 billion.

What price target have analysts set for SIRI?

9 brokers have issued 1-year target prices for Sirius XM's shares. Their forecasts range from $7.50 to $8.50. On average, they anticipate Sirius XM's share price to reach $8.03 in the next year. This suggests a possible upside of 66.9% 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)
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 very negative this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -3.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutSirius XM.

Are investors shorting Sirius XM?

Sirius XM saw a decrease in short interest in the month of February. As of February 14th, there was short interest totaling 167,290,000 shares, a decrease of 8.6% from the January 30th total of 183,090,000 shares. Based on an average daily volume of 18,630,000 shares, the short-interest ratio is presently 9.0 days. Approximately 13.4% of the shares of the company are short sold. View Sirius XM's Current Options Chain.

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).

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

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 variety of institutional and retail investors. Top institutional shareholders include State Street Corp (0.83%), Renaissance Technologies LLC (0.70%), Geode Capital Management LLC (0.43%), Eagle Asset Management Inc. (0.34%), Norges Bank (0.30%) and California Public Employees Retirement System (0.29%). Company insiders that own Sirius XM stock include Dara F Altman, David J Frear, David Zaslav, James Arthur Cady, James E Meyer, James Mooney, 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 major investors are selling Sirius XM stock?

SIRI stock was sold by a variety of institutional investors in the last quarter, including National Pension Service, New York State Common Retirement Fund, Eagle Asset Management Inc., Cubist Systematic Strategies LLC, Janus Henderson Group PLC, Schroder Investment Management Group, Hussman Strategic Advisors Inc., and Korea Investment CORP. Company insiders that have sold Sirius XM company stock in the last year include David J Frear, David Zaslav, 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 major investors are buying Sirius XM stock?

SIRI stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Norges Bank, First Trust Advisors LP, Jane Street Group LLC, UBS Group AG, Great West Life Assurance Co. Can, Zurcher Kantonalbank Zurich Cantonalbank, and Man Group plc. 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 $4.81.

How big of a company is Sirius XM?

Sirius XM has a market capitalization of $21.23 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. 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 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]

MarketBeat Community Rating for Sirius XM (NASDAQ SIRI)

Community Ranking:		2.4 out of 5 ( )
Outperform Votes:		666 (Vote Outperform)
Underperform Votes:		718 (Vote Underperform)
Total Votes:		1,384

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 3/30/2020 by MarketBeat.com Staff

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