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Sirius XM Holdings Inc. (SIRI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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6.07-0.04 (-0.65%)
At close: 4:00PM EDT
6.07 0.00 (0.00%)
After hours: 07:49PM EDT
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  • j
    Zacks is predicting $2.17B revenue and 7 cents eps in Q3. My revenue prediction is well north of that number at $2.2 B to $2.3B. As to the eps, I have no clue because you can move it any way depending on your agenda. I expect the fcf to be around $500M. Q3 saw very heavy in refi expenses and they may affect the fcf if the $85M insurance leftover was not paid. Then, we will see the positive fcf impact in Q4.

    At the end of the day, to lift the share price they need to surprise the market. Their business model is not built for surprises but rather for steady robust growth. The only area where surprise might originate is Pandora's ad revenue growth. I would like to see Pandora's ad revenue exceed $400M. Even if this happens, this is still not a enough. Any number beyond $500M would be considered a surprise but I doubt we are there yet.
  • Y
    Yahoo Penalty Box Survivor
    Sirius XM price target lowered to $8 from $8.25 at Pivotal Research 04:52 SIRI Pivotal Research analyst Jeffrey Wlodarczak lowered the firm's price target on Sirius XM to $8 from $8.25 and keeps a Buy rating on the shares. The analyst reduced estimates to account for the continued U.S. production delays due to chip shortages that he assumes will extend materially into next year

    JPMorgan downgrades Sirius XM on slowing car sales, higher costs 10/08 SIRI JPMorgan analyst Sebastiano Petti downgraded Sirius XM to Neutral from Overweight with a price target of $7, down from $8. The analyst cites "softening" annual car sales and rising capital expenditures for the downgrade following management comments at recent industry conferences. With the silicon shortage likely to become "more acute in the coming quarters," Petti reduced Sirius XM's 2022 self-pay net adds to 750,000 from 1.05M. And with the SXM 9 and SXM 10 satellite builds commencing, he meaningfully increased his 2022-2024 capex estimates to account for $480M of spend over those three years. Petti now believes shares of Sirius XM are fairly valued.

    Sirius XM upgraded to Equal Weight from Underweight at Barclays 09/28 SIRI Barclays analyst David Joyce upgraded Sirius XM to Equal Weight from Underweight with an unchanged price target of $6. The stock still trades at a "significant premium" to its EBITDA growth, but this is partly a function of the limited float, "as a result of which valuation could be closer to fair value," Joyce tells investors in a research note. In addition, the analyst believes Sirius XM may see a shift in capital allocation priorities more towards dividends, "which could also provide a better anchor for valuation." He believes the stock faces a better risk/reward at present levels compared to the last three years.

    Liberty SiriusXM price target lowered to $60 from $62 at Barclays 09/28 LSXMA, SIRI Barclays analyst David Joyce lowered the firm's price target on Liberty SiriusXM (LSXMA) to $60 from $62 and keeps an Overweight rating on the shares. The analyst believes Sirius XM (SIRI) is likely to return capital to Liberty in a bigger way in the coming year, which could then be used by Liberty to buy back stock in Liberty SiriusXM to narrow its trading discount to net asset value, or to help undertake additional acquisitions
  • j
    Last chance to buy here at below $8.00 IMHO

    Something very big is about to happen.
  • D
    With the combination of anemic volume, poor share price performance, and lack of typical dividend increase announcement, it is almost as if Sirius halted. The buy back after the last ER and is waiting until this ER to announce a tender for 100 million shares and a substantial dividend increase of 2 or 3x.
  • P
    Malone gives up on iHeart investment. Universal Music Group too expensive.
    Does he sell a piece or two of Liberty to finance another big investment to combine with SIRI/Pandora?
    Maybe he wants SIRI's price to go up for some reason...if that's the case, it WILL go up.
    Dividend increase still on the table for more tax-free spare change for Malone/Maffei and Liberty.
  • J
    John C
    Over three YEARS now of stock price "Consolidation" since the ill-advised, Ill-fated Pandora acquisition. And they STILL haven't stopped the Monthly Average User bleeding.

    I'm sure everyone remembers all the "Over 100,000,000 active listeners combined!" hype from 2018. With Pandora down under 55M now, that is no longer remotely the case. "Oh but the Advertising Revenue!" some will say. Get back to me when "P" actually stops losing money and negatively impacting SIRI's bottom line.
  • S
    I fully support SIRI XM, all local law enforcement, and the NRA. God Bless America.
  • S
    "The SEC enforces the securities laws to protect investors." This is the first thing you see on their website. UNBELIEVABLE! They are the first ones who should be investigated! The whole thing is rigged, and we are powerless.
  • z
    Maybe. Just maybe...

    Gotta' feel sorry for the guy who last week confessed to selling ALL his SIRI shares after holding those share for 1/4th of am average lifetime.

    Somebody has to be the catalyst. Every time. Condolences to him/her. And thanks?
  • W
    So if the pps is languishing around the $6 mark for days, and Liberty is at 78% ownership, and the money for the additional buyback is already approved and allocated...

    Seems to me that 80% goal could be accomplished at any moment in an instant. So why don't they?
  • N
    $6.20? ok thats nice but we are $8 THREE YEARS AGO
  • P
    This stock has been in the high 6's for literally years. Is it really a wonder it's up .18 to 6.20 now without there being news??
  • p

    Liberty Media is exiting the radio business, selling its entire stake in iHeartMedia.

    According to an iHeartMedia Securities and Exchange Commission filing, Liberty Media offloaded its 5.94 million shares of Class A common stock in an open market block trade in a sale worth upwards of $150 million. Between November 2017 and February 2018, Liberty Media purchased $600 million of iHeartMedia debt for a total of $490 million. After iHeartRadio reduced its debt load through a bankruptcy settlement, the bonds were converted into about 6.9 million shares.

    “We appreciate Liberty’s support for iHeartMedia, originally as a holder of debt which then converted into a meaningful equity stake, and we are delighted that they received a good return on their investment,” a spokesperson for iHeartMedia told Variety.

    Liberty Media did not immediately respond to Variety’s request for comment.

    Headed by chairman John Malone, Liberty Media continues to hold 78% of satellite broadcaster SiriusXM and 32% of concert promoter Live Nation. The company grouped its three investments, including its previous stake in iHeartMedia, as Liberty SiriusXM Group, a tracking stock that trades on the Nasdaq.

    By ending its investment in iHeartMedia, Liberty Media has exited the broadcast radio industry. The iHeartMedia platform is the largest radio broadcaster in the U.S., reaching over 90% of Americans each month through podcasts, AM and FM stations and online platforms. By using its stake in iHeartMedia in conjunction with Live Nation and Sirius XM, Liberty Media had the potential to shape how American audiences interacted with and accessed the music industry’s live and recorded offerings.
  • S
    Markets still at record highs while SIRI is still experiencing record stagnation and manipulation under John Mephistopheles Malone’s SiriusXM share price suppression program.
  • J
    John C
    Historical Evidence suggests there has NOT been any kind of delay in this quarter's dividend declaration. So I would suggest everybody settle down.

    July 19, 2021 /PRNewswire/ -- SiriusXM today announced that its Board of Directors declared a regular quarterly cash dividend of $0.014641 per share of common stock, payable in cash on August 30, 2021, to stockholders of record at the close of business on August 6, 2021.
  • G
    China carried out a second test of what is believed to be a hypersonic orbital missile capable of carrying a nuclear warhead earlier this year, intelligence sources have claimed.

    The new test is believed to have taken place on August 13 and involved a similar 'hypersonic glide vehicle' to one launched into space on board a Long March rocket back in July, which was first reported earlier this week.

    Beijing has acknowledged one of the tests, claiming it launched a 'peaceful' civilian spacecraft. But analysts believe the craft can actually be tipped with a nuclear warhead which would be able to evade missile defences.

    Even government scientists are struggling to work out exactly what the new craft is capable of, with one source telling the Financial Times that it appears to 'defy the laws of physics' and is unlike any technology the US has.

    The first test was disclosed earlier this week, when the FT quoted five intelligence sources who said that China had tested what appeared to be an orbital hypersonic nuclear missile some time in early or mid-August.

    Beijing subsequently acknowledged the test, but said it had taken place on July 16. Intelligence sources now believe the test which the FT initially reported and the test acknowledged by the Chinese are different.

    The newspaper now reports that the first test took place on July 27, before a second test of the same technology a little over two weeks later, on August 13.

    Observers say the weapon appears to be an update of Cold War-era Soviet technology called a 'Fractional Orbital Bombardment System' - or FOBS.
  • K
    Birkshire, Blackrock, and Vanguard, holding hundreds of million shares of SIRI, LSXMA, and LSXMK,
    their investing managers should be fired. But maybe they don't read this board ? Sooo glad I ran.
  • R
    My only stock that time has forgotten. Great job Malone.
  • G
    Rep. Cori Bush (D-MO)’s campaign has spent over $130,000 for personal security services for the congresswoman, despite her longtime efforts to defund the police. Reports of the spending surfaced again with the release of campaign spending numbers from the Federal Election Commission.

    When Bush was asked about security spending, she claimed her safety is separate from people’s claim that police keep the general public safe.

    Fox News reported:

    The cash was dished out to a handful of firms, including Peace Security, RS&T Security Consulting, Aegis Logistics, Whole Armor Executive Protection & Security, and Nathaniel Davis, whose payments are sent to the same address as her campaign headquarters. Bush has now pushed more than $130,000 from her campaign’s coffers into private security services over the past six months.

    Shortly after Bush’s vigorous defense of the payments, St. Louis’ KMOV4 discovered through obtained surveillance camera footage, that Bush had hired two sheriff’s deputies, Tylance Jackson and Maurice Thompson, as part of her security.
  • j
    BTW, SIRI Is MUCH Safer Than Investing Into A Crypto.
    All cryptos will eventually cease to exist for obvious reason.
    SIRI will continue to grow.
    Eventually the dividend will be increased too.

    $ 6.18+0.16 (+2.57%)
    As of 11:33AM EDT. Market open.