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.
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Industry, Sector and Symbol
Industry Radio broadcasting stations
Sub-IndustryCable & Satellite
SectorConsumer Discretionary
Phone212-584-5100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.77 billion
Profitability
Miscellaneous
Employees2,699
Next Earnings Date7/24/2019 (Estimated)
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, April 23rd. Stockholders of record on Friday, May 10th will be given a dividend of $0.0121 per share on Friday, May 31st. This represents a $0.05 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, May 9th. 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 repurchase plan on Tuesday, January 29th 2019, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.
How were Sirius XM's earnings last quarter?
Sirius XM Holdings Inc (NASDAQ:SIRI) posted its quarterly earnings data on Wednesday, April, 24th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.02. The firm had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.77 billion. Sirius XM had a net margin of 17.08% and a negative return on equity of 96.85%. Sirius XM's quarterly revenue was up 26.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.06 EPS. View Sirius XM's Earnings History.
When is Sirius XM's next earnings date?
What price target have analysts set for SIRI?
11 equities research analysts have issued 12 month target prices for Sirius XM's stock. Their predictions range from $6.00 to $9.15. On average, they anticipate Sirius XM's share price to reach $7.1833 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price. View Analyst Price Targets for Sirius XM.
What is the consensus analysts' recommendation for Sirius XM?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last year. There are currently 2 sell ratings, 2 hold ratings and 7 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’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)
- 2. Pivotal Research analysts commented, "We in particular view the 7% decline yesterday post results as overdone as investors appeared to overreact to slightly lower (3.1M vs. 3.3M) new car installations (which appeared timing related) and modestly lower than expected self-pay net subscriber additions (+131K vs. our +159K and +184K consensus) partly related to the highest ARPU growth in 9 years (+4%). Recall there is generally an at least temporary churn effect from driving price. In addition, Pandora continued to bleed active users offset partially by increased self-pay subs, although SIRI is already demonstrating an ability to significantly increase monetization of Pandora’s still sizeable free streaming subscriber base and management doubled their synergy estimate to $75M." (4/25/2019)
- 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?
Media headlines about SIRI stock have been trending positive on Sunday, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Sirius XM earned a media sentiment score of 2.9 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Sirius XM.
Who are some of Sirius XM's key competitors?
Some companies that are related to Sirius XM include Spotify Technology (SPOT), Tencent Music Entertainment Group (TME), Corus Entertainment (CJREF), Entercom Communications (ETM), Cumulus Media (CMLS), MODERN MEDIA AC/SH SH (MMDM), Urban One (UONE), Townsquare Media (TSQ), Urban One (UONEK), iHeartMedia (IHRTQ), Beasley Broadcast Group (BBGI), Salem Media Group (SALM), Emmis Communications (EMMS), Spanish Broadcasting System (SBSAA) and CUR Media (CURM).
What other stocks do shareholders of Sirius XM own?
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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.76%), Zimmer Partners LP (0.99%), Geode Capital Management LLC (0.55%), Eagle Asset Management Inc. (0.41%), Northern Trust Corp (0.32%) and Renaissance Technologies LLC (0.30%). 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, 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 Janus Henderson Group PLC, MERIAN GLOBAL INVESTORS UK Ltd, Wells Fargo & Company MN, Voya Investment Management LLC, BlueMountain Capital Management LLC, SG Americas Securities LLC, Robeco Institutional Asset Management B.V. and Shelton Capital Management. Company insiders that have sold Sirius XM company stock in the last year include Dara F Altman, James Arthur Cady, James P Holden, 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 Zimmer Partners LP, BlackRock Inc., Jericho Capital Asset Management L.P., Geode Capital Management LLC, Renaissance Technologies LLC, Marshall Wace LLP, Crosslink Capital Inc. and Marshall Wace North America L.P.. 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 $5.56.
How big of a company is Sirius XM?
Sirius XM has a market capitalization of $25.62 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?
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.
