Sirius XM (SIRI) Stock Price, News & Analysis

Company Overview

Sirius XM Holdings Inc. operates as an audio entertainment company in North America. It operates in two segments, Sirius XM, and Pandora and Off-platform. The company's Sirius XM segment provides music, sports, entertainment, comedy, talk, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment. This segment also distributes satellite radios through automakers and retailers, as well as its website; podcasts, including true crime, news, politics, music, comedy, sports, and entertainment; and offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data, remote vehicles diagnostic, and stolen or parked vehicle locator services. In addition, this segment provides 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; graphic information related to road closings, traffic flow, and incident data for consumers with in-vehicle navigation systems; real-time weather services in vehicles, boats, and planes; and music programming and commercial-free music services for office, restaurants, and other business. Its Pandora and Off-platform segment operates music, comedy, and podcast streaming platform, which offers personalized experience for listener through computers, tablets, mobile devices, vehicle speakers, and connected devices; and provides advertising services. The company was incorporated in 2013 and is headquartered in New York.

Key Stats

• Today's Range: $26.26 to $26.93
• 50-Day Range: $22.66 to $32.90
• 52-Week Range: $22.18 to $57.80
• Volume: 3.42 million shs
• Average Volume: 3.35 million shs
• Market Capitalization: $102.13 billion
• P/E Ratio: 8.05
• Dividend Yield: 3.99%
• Price Target: $31.25
• Consensus Rating: Hold

Sirius XM Stock Analysis - MarketRank™

Sirius XM scored higher than 99% of companies evaluated by MarketBeat, and ranked 7th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Sirius XM has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 5 buy ratings, 4 hold ratings, and 5 sell ratings.

Amount of Analyst Coverage

Sirius XM has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 4.31%

Earnings Growth

Earnings for Sirius XM are expected to grow by 4.31% in the coming year, from $3.25 to $3.39 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sirius XM is 7.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sirius XM is 7.96, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.92.

Price to Earnings Growth Ratio

Sirius XM has a PEG Ratio of 0.73. PEG Ratios below 1 indicate that a company could be undervalued.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.96% of the float of Sirius XM has been sold short.

Short Interest Ratio / Days to Cover

Sirius XM has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sirius XM has recently increased by 7.30%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Sirius XM is a leading dividend payer. It pays a dividend yield of 3.93%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Sirius XM has been increasing its dividend for 6 years.

Dividend Coverage

The dividend payout ratio of Sirius XM is 321.21%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Sirius XM will have a dividend payout ratio of 31.27% next year. This indicates that Sirius XM will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.2 / 5
• Environmental Score: -0.61

Percentage of Shares Shorted

4.96% of the float of Sirius XM has been sold short.

Short Interest Ratio / Days to Cover

Sirius XM has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sirius XM has recently increased by 7.30%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.48

News Sentiment

Sirius XM has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 38 news articles for Sirius XM this week, compared to 14 articles on an average week.

Search Interest

123 people have searched for SIRI on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.

MarketBeat Follows

15 people have added Sirius XM to their MarketBeat watchlist in the last 30 days. This is an increase of 15% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Sirius XM insiders have bought 1,342.13% more of their company's stock than they have sold. Specifically, they have bought $65,952,329.00 in company stock and sold $4,573,247.00 in company stock.

Percentage Held by Insiders

Only 0.79% of the stock of Sirius XM is held by insiders.

Percentage Held by Institutions

Only 10.69% of the stock of Sirius XM is held by institutions.

SIRI Stock Analysis - Frequently Asked Questions

How have SIRI shares performed this year?

Sirius XM's stock was trading at $54.70 at the beginning of the year. Since then, SIRI stock has decreased by 52.0% and is now trading at $26.28.
View the best growth stocks for 2024 here.

How were Sirius XM's earnings last quarter?

Sirius XM Holdings Inc. (NASDAQ:SIRI) announced its quarterly earnings data on Thursday, August, 1st. The company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The company earned $2.18 billion during the quarter, compared to analysts' expectations of $2.20 billion. Sirius XM had a negative trailing twelve-month return on equity of 52.15% and a net margin of 14.56%.

When did Sirius XM's stock split?

Sirius XM shares reverse split on Monday, September 9th 2024. The 1-10 reverse split was announced on Monday, September 9th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, September 9th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Does Sirius XM have any subsidiaries?

Sirius XM subsidiaries include these companies: Stitcher, Simplecast, Pandora, Automatic Labs, Agero, AdsWizz Inc., Satellite CD Radio LLC, and more.

Who are Sirius XM's major shareholders?

Sirius XM's top institutional shareholders include Penn Davis Mcfarland Inc. (0.02%), Equitec Proprietary Markets LLC, SG Americas Securities LLC (0.01%) and DekaBank Deutsche Girozentrale (0.01%). Insiders that own company stock include Berkshire Hathaway Inc, Jennifer C Witz, Thomas D Barry, James E Meyer, Scott Andrew Greenstein, Patrick L Donnelly, Joseph A Inzerillo, Kristina Salen, James P Holden and Eddy W Hartenstein.
View institutional ownership trends.

How do I buy shares of Sirius XM?

Shares of SIRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sirius XM own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sirius XM investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Ford Motor (F), AT&T (T) and Bank of America (BAC).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 8/26 Dividend: 8/09/2024
• Dividend Payable: 8/26/2024
• Today: 10/24/2024
• Next Earnings (Confirmed): 10/31/2024
• Ex-Dividend for 11/21 Dividend: 11/05/2024
• Dividend Payable: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Radio broadcasting stations
• Sub-Industry: Cable & Satellite
• Current Symbol: NASDAQ:SIRI
• CUSIP: 82967N10
• CIK: 908937
• Web: www.siriusxm.com
• Phone: (212) 584-5100
• Fax: 212-584-5200
• Employees: 5,680
• Year Founded: 1990

Price Target and Rating

• Average Stock Price Target: $30.62
• High Stock Price Target: $49.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +16.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.08
• Research Coverage: 14 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.33
• Trailing P/E Ratio: 8.12
• Forward P/E Ratio: 8.25
• P/E Growth: 0.73
• Net Income: $1.26 billion
• Net Margins: 14.56%
• Pretax Margin: 17.85%
• Return on Equity: -52.15%
• Return on Assets: 12.10%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.43
• Quick Ratio: 0.43

Sales & Book Value

• Annual Sales: $8.90 billion
• Price / Sales: 11.59
• Cash Flow: $5.46 per share
• Price / Cash Flow: 4.91
• Book Value: ($6.68) per share
• Price / Book: -4.01

Miscellaneous

• Outstanding Shares: 3,846,632,000
• Free Float: 381,994,000
• Market Cap: $103.13 billion
• Optionable: Optionable
• Beta: 1.07