Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of SIRI’s competitive advantage. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 139 employees have rated Sirius XM Chief Executive Officer James E. Meyer on Glassdoor.com. James E. Meyer has an approval rating of 65% among the company's employees.
- An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.
- There are currently 3 sell ratings, 6 hold ratings and 3 buy ratings for the stock.
- Sirius XM Holdings Inc ( SIRI , Financial), a prominent player in the diversified media industry, is currently trading at $5.11 with a market capitalization of $19.75 billion.
Insiders that own company stock include Eddy W Hartenstein, James E Meyer, James P Holden, Jennifer C Witz, Kristina Salen, Patrick L Donnelly, Robin S Hickenlooper, Scott Andrew Greenstein and Thomas D Barry. Sirius XM updated its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $9.00 billion-$9.00 billion, compared to the consensus revenue estimate of $8.99 billion. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.
3 Reasons Sirius XM Stock Just Surged 42%
Sirius XM Holdings Inc., an audio entertainment company, operates audio business including subscription entertainment services in the United States. It operates through Sirius XM, and Pandora and Off-platform segment. Its Pandora and Off-platform segment operates music and podcast streaming platform, which offers personalized experience for listener through computers, tablets, mobile devices, vehicle speakers, and connected devices. In addition, the company offers podcasts including true crime to politics, sports, comedy, and other podcasts under Stitcher brand. Further, it distributes satellite radios through automakers and retailers, as well as its website.
There are currently 3 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SIRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIRI, but not buy additional shares or sell existing shares.
This Is What Whales Are Betting On Sirius XM Holdings
Imagine you have bought shares of Sirius XM Holdings Inc. ( SIRI , Financial) at the closing price of $5.49 on July 19, and then one day later you see on the news that the stock surged more than 42%, ... According to 13 analysts, the average rating for SIRI stock is "Sell." The 12-month stock price forecast is $4.81, which is an increase of 20.55% from the latest price. Sirius XM's stock is owned by many different retail and institutional investors.
What's Next For Sirius Stock After A 26% Fall This Year? - Trefis
What's Next For Sirius Stock After A 26% Fall This Year?.
Posted: Fri, 15 Sep 2023 09:45:51 GMT
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. One share of SIRI stock can currently be purchased for approximately $3.99. Sign-up to receive the latest news and ratings for Sirius XM and its competitors with MarketBeat's FREE daily newsletter. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Highlights important summary options statistics to provide a forward looking indication of investors' sentiment. Provides a general description of the business conducted by this company.
Trading Services
SIRI, +42.26% pulled back 9% in premarket trades Friday after skyrocketing Thursday. The stock ended Thursday's session up 42.3% after multiple halts for volatility, ... Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions contribution is equal to of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Data are provided 'as is' for informational purposes only and are not intended for trading purposes.
Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Rumors are swirling that Sirius XM is interested in acquiring the streaming music company. It doesn't make sense at first glance, but Pandora might get by with a little help from Sirius' friends. These phenomenal businesses have the tools and intangibles to make patient shareholders a lot richer. We’d like to share more about how we work and what drives our day-to-day business. SIRI’s beta can be found in Trading Information at the top of this page.
News & Analysis
SIRI, -0.20% rose 2% in premarket trades Tuesday after the satellite radio company reported second-quarter profit and revenue that topped Wall Street's expectations. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
- According to 13 analysts, the average rating for SIRI stock is "Sell." The 12-month stock price forecast is $4.81, which is an increase of 20.55% from the latest price.
- Sirius XM Holdings Inc.'s stock SIRI, +6.24% was upgraded to neutral from sell by Seaport Research Partners Monday.
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- SIRI, +42.26% pulled back 9% in premarket trades Friday after skyrocketing Thursday.
- Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sirius XM in the last twelve months.
Sirius XM (SIRI) Stock Forecast, Price & News
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Plus, SIRI info will be updated daily in your Zacks.com Portfolio Tracker - also free. Jennifer Witz, SiriusXM CEO, joins 'Squawk on the Street' to discuss the growth prospects from Sirius XM, consumer's willingness to receive price increases and more. Liberty Media CEO Greg Maffei joins 'Squawk on the Street' to discuss short sales of Sirius XM stock, developing a new tracking stock, and Liberty Media's short-term deal with ESPN coming to a close.
© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. We expect Sirius XM stock to likely trade higher with revenue and earnings beating market expectations.
After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Sirius XM Holdings Inc ( SIRI , Financial), a prominent player in the diversified media industry, is currently trading at $5.11 with a market capitalization https://1investing.in/ of $19.75 billion. Shareholders of record on Tuesday, August 8th will be given a dividend of $0.0242 per share on Wednesday, August 30th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 2.43%. SiriusXM topped market estimates for quarterly revenue on Tuesday as the radio company's tie-ups with automakers helped draw users to its audio product services while on the road.
And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Get this delivered to your inbox, and more info about our products and services. The Barchart Technical Opinion rating is a 48% Sell with a Strengthening short term outlook on maintaining the current direction.
Levi Strauss beats market expectations with strong sales and earnings numbers. Two Nasdaq 100 components are plain-as-day bargains, while another Nasdaq 100 stock could struggle to live up to lofty expectations. Compare SIRI’s historical performance against its industry peers and the overall market.