Previous Close | 26.70 |
Open | 25.20 |
Bid | 26.03 x 100 |
Ask | 28.96 x 100 |
Day's Range | 24.43 - 28.11 |
52 Week Range | 24.43 - 57.80 |
Volume | |
Avg. Volume | 4,099,055 |
Market Cap | 10.542B |
Beta (5Y Monthly) | 1.09 |
PE Ratio (TTM) | 8.30 |
EPS (TTM) | 3.30 |
Earnings Date | Oct 29, 2024 - Nov 04, 2024 |
Forward Dividend & Yield | 1.06 (3.89%) |
Ex-Dividend Date | Aug 09, 2024 |
1y Target Est | 36.70 |
Broadcast company Sirius XM (SIRI) announced a $1.17 billion share buyback program while pulling back its full-year free cash flow forecast. Furthermore, Sirius Media and Liberty Media completed their spinoff-merger of Liberty SiriusXM (LSXMA, LSXMK). Julie Hyman and Josh Lipton eye Sirius XM's positive stock moves ahead of Tuesday's closing bell. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
An independent Sirius XM Holdings had an encouraging debut Tuesday, as Berkshire Hathaway emerged as the largest shareholder with an estimated 25% stake—replacing Liberty Media and its control holder, media mogul John Malone. Sirius XM Holdings stock gained 2.6% Tuesday to $27.38, after trading as low as $24.43 earlier in the session. A combination occurred late Monday of Sirius XM with Liberty Sirius XM Holdings, a tracking stock that held about 83% of Sirius XM shares.
Sirius XM Holdings Inc. (NASDAQ: SIRI) today kicked off a new chapter as an independent public company with a simplified capital structure and strategy for continued success following the closing of its transaction with Liberty Media.