SIRI - Sirius XM Holdings Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
6.95
+0.03 (+0.43%)
At close: 4:00PM EST

6.96 +0.01 (0.14%)
After hours: 6:33PM EST

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Previous Close6.92
Open6.92
Bid6.94 x 41800
Ask6.95 x 41800
Day's Range6.91 - 6.97
52 Week Range5.23 - 7.00
Volume14,866,551
Avg. Volume17,539,787
Market Cap30.745B
Beta (3Y Monthly)1.02
PE Ratio (TTM)33.90
EPS (TTM)0.20
Earnings DateJan. 28, 2020 - Feb. 3, 2020
Forward Dividend & Yield0.05 (0.76%)
Ex-Dividend Date2019-11-07
1y Target Est7.20
  • Business Wire

    Pandora Live El Pulso Returns to Los Angeles

    Pandora and SiriusXM announced today that Pandora Live: El Pulso featuring Farruko and Paloma Mami will return to The Academy in Los Angeles on December 4. El Pulso, Pandora’s destination station for Latin music, features the most exciting and impactful contemporary artists who are breaking through genre barriers.

  • Media Stock Earnings Lineup for Nov 6: FOXA, ROKU, LBTYA
    Zacks

    Media Stock Earnings Lineup for Nov 6: FOXA, ROKU, LBTYA

    Here we take a sneak peek into quarterly earnings expectations of three media stocks scheduled to report on Nov 6.

  • Thomson Reuters StreetEvents

    Edited Transcript of SIRI earnings conference call or presentation 31-Oct-19 12:00pm GMT

    Q3 2019 Sirius XM Holdings Inc Earnings Call

  • Have Insiders Sold Sirius XM Holdings Inc. (NASDAQ:SIRI) Shares Recently?
    Simply Wall St.

    Have Insiders Sold Sirius XM Holdings Inc. (NASDAQ:SIRI) Shares Recently?

    We wouldn't blame Sirius XM Holdings Inc. (NASDAQ:SIRI) shareholders if they were a little worried about the fact that...

  • Sirius XM Holdings (SIRI) Q3 Earnings Miss, Revenues Up Y/Y
    Zacks

    Sirius XM Holdings (SIRI) Q3 Earnings Miss, Revenues Up Y/Y

    Sirius XM's (SIRI) third-quarter 2019 results benefit from the Pandora acquisition, subscriber base expansion and higher ARPU.

  • Sirius XM (SIRI) Lags Q3 Earnings Estimates
    Zacks

    Sirius XM (SIRI) Lags Q3 Earnings Estimates

    Sirius XM (SIRI) delivered earnings and revenue surprises of -16.67% and 1.51%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    Pandora Live Returns to Nashville

    Pandora and SiriusXM announced today that two-time ACM Award Group of the Year winners, Old Dominion will perform in Nashville as part of the “Pandora Live” concert series. CMA Awards New Artist of the Year nominee Carly Pearce and Ryan Griffin are confirmed to open the show that will take place at Nashville’s Marathon Music Works on November 25.

  • Zacks

    Media Stock Earnings Lineup for Oct 31: WWE, AMCX, IMAX, SIRI

    Here we take a sneak peek into quarterly earnings expectations of four media stocks scheduled to report on Oct 31.

  • Earnings Preview: Sirius XM (SIRI) Q3 Earnings Expected to Decline
    Zacks

    Earnings Preview: Sirius XM (SIRI) Q3 Earnings Expected to Decline

    Sirius XM (SIRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • WeWork Could Do Worse Than Follow Pandora’s Footsteps
    Bloomberg

    WeWork Could Do Worse Than Follow Pandora’s Footsteps

    (Bloomberg Opinion) -- The meteoric rise and spectacular fall of WeWork is one for the ages.To sum up: The real-estate leasing startup, which incinerates money, was planning just two months ago to go public at a valuation that some thought would be as high as $47 billion. Once investors got a good look at its finances they couldn't stop laughing. The company instead needed a bailout from its biggest investor and now is valued, perhaps optimistically, at $8 billion.Maybe this episode marks the beginning of a sobering up of cash-burning growth companies with dismal unit economic. If that's the case, what will that process look like? Maybe the transformation of music-streaming service Pandora helps show how busted unicorns — closely held startups valued at $1 billion or more — can find new life. QuicktakeUnicornsWhen Pandora had its initial public offering in 2011, it was a tortoise-beats-the-hare success story, after it launched during the dot-com boom in 2000. It survived several near-death experiences, putting a damper on the cockiness and growth-at-all-costs mentality often seen in fast-growing startups. Rather than grant its chief executive officer super-voting shares and complete control, the CEO owned less than 3% of its stock after several rounds of capital injection that diluted his stake.One can't fault investors for enthusiasm during Pandora's first few years as a publicly traded company. Between the fiscal years ended in 2010 and 2013 it increased its active user base from 16 million to 65.6 million. Annual revenue rose from $55 million to $427 million, much of it driven by ad revenue. The company was still losing money, but it appeared to be manageable. The story was that over time it could convert users into paying monthly subscribers while negotiating better royalty rates on content, leading to margin expansion and profits down the road. When the stock peaked in early 2014, the company had a valuation of $9 billion, or roughly 10 times the $920 million in revenue it would go on to generate that year.That's when the downward spiral of slowing growth, increased competition and a falling stock price began. After more than doubling in 2014, revenue only grew by 26% in 2015. Spotify became the new darling for music streaming, and other companies such as Apple joined a never-ending parade of entrants into the market. Profit margins eroded along with the slowing revenue growth. Between its 2014 peak and the end of May 2017, Pandora's stock price fell by 78%.The following month was the beginning of the end of Pandora's life as an independent company after Sirius XM Holdings Inc. invested $480 million for a 19% stake. Pandora divested its share of Ticketfly, a noncore business, at a loss as it sought to preserve cash. In January 2018 it cut 5% of its headcount and moved other employees to Atlanta from Oakland, California, in a cost-saving move. Eight months later, Sirius bought the whole company for $3 billion in an all-stock deal that was worth about a third of the company's peak valuation.Sirius made a good marriage partner for Pandora investors for a few reasons. Pandora had tens of millions of active users, but unlike Sirius it had not been very successful at converting them into paying subscribers. By buying Pandora, Sirius now had access to a huge audience of music streamers who might become future subscribers. Pandora also had technology that was useful to Sirius, and the combined entity was able to eliminate duplicate positions.So far, it seems to be going as planned. In its second-quarter earnings report, Sirius said that Pandora's revenue increased by 15% while costs only grew by 4%, leading to 40% growth in gross profit. Although it wasn't successful as an independent company, Pandora still has 65 million monthly active users and is an increasingly profitable part of a $29 billion parent company.The lesson here is that when a startup grows quickly, investors often are willing to overlook all sorts of flaws as long as they buy into the long-term vision of a company, whether that's dominating commercial real-estate leasing or music streaming. But when growth slows and cash runs low those growth investors will abandon ship, forcing companies to pitch a value proposition to very different types of investors. Some companies might be able to become profitable in their own right, but for others it might mean seeking out a buyer. Pandora's salvation was having tens of millions of users and technology desired by a competitor. Investors who bought the stock in those heady days in 2014 were never made whole, but five years later the business still exists, albeit in a different form, continuing to provide a service that generates revenue.The high-profile reversal of fortune suffered by WeWork in the public eye over the past few months is leading people to wonder how many other potential disasters loom for closely held money-losing growth companies. But as Pandora shows, although valuations may not recover, that doesn't mean these companies are necessarily doomed.To contact the author of this story: Conor Sen at csen9@bloomberg.netTo contact the editor responsible for this story: James Greiff at jgreiff@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Conor Sen is a Bloomberg Opinion columnist. He is a portfolio manager for New River Investments in Atlanta and has been a contributor to the Atlantic and Business Insider.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Sirius XM Holdings (NASDAQ:SIRI) Shareholders Booked A 93% Gain In The Last Five Years
    Simply Wall St.

    Sirius XM Holdings (NASDAQ:SIRI) Shareholders Booked A 93% Gain In The Last Five Years

    When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses...

  • Hasbro, UPS, WeWork, SiriusXM, Disney: Companies to Watch
    Yahoo Finance

    Hasbro, UPS, WeWork, SiriusXM, Disney: Companies to Watch

    Hasbro, UPS, WeWork, SiriusXM and Disney are the companies to watch.

  • Buy Spotify Stock on the Dip Even as Apple, Amazon Boost Streaming Push?
    Zacks

    Buy Spotify Stock on the Dip Even as Apple, Amazon Boost Streaming Push?

    Is it time for investors buy streaming music giant Spotify stock on the dip even as Apple and Amazon boost their streaming offerings...

  • Wall Street really hates Spotify stock and I am shocked
    Yahoo Finance

    Wall Street really hates Spotify stock and I am shocked

    Hey Wall Street, can you show Spotify some love for once?

  • Is Sirius XM Holdings Inc.'s (NASDAQ:SIRI) High P/E Ratio A Problem For Investors?
    Simply Wall St.

    Is Sirius XM Holdings Inc.'s (NASDAQ:SIRI) High P/E Ratio A Problem For Investors?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • New Pandora Mobile Experience Adds Dynamic Personalization and Discovery Features to Unlock a New World of Music, Podcasts and Unique Content
    Business Wire

    New Pandora Mobile Experience Adds Dynamic Personalization and Discovery Features to Unlock a New World of Music, Podcasts and Unique Content

    Pandora, the most popular music streaming mobile app in the U.S., today announced the launch of its New Pandora Mobile Experience, adding dynamic personalization and discovery features that unlock a new world of music, podcasts and unique content for users across all tiers of service. Pandora’s new mobile experience introduces a range of innovative features designed to enhance personal discovery and give listeners full exposure to Pandora’s vast library of on-demand music and podcasts, personalized content via Pandora’s curation team and its proprietary Music and Podcast Genome technology, and wide selection of unique programming and features no matter which tier of service they use: free ad-supported, Pandora Plus, or Pandora Premium. The New Pandora Mobile Experience introduces new features like “For You,” a personalized, dynamically-updating discovery feed that serves up fresh, custom-curated music and podcast recommendations for each user throughout the day, the “Pandora Modes” Station customization feature for mobile, a simplified new navigation interface for greater ease of use, and much more.

  • Bloomberg

    Boris Johnson's Teflon Gets a Full-On Sleaze Test

    (Bloomberg Opinion) -- Revelations about Boris Johnson’s personal life, when they periodically emerge, have tended mainly to serve as tabloid fodder for a few days and then flame out. Two recent allegations, however, could prove much harder for the prime minister to simply swat away.The first emerged over a week ago when the Sunday Times published a story alleging that Johnson, during his time as Mayor of London, used his influence to help American former model and tech entrepreneur, Jennifer Arcuri, now 34, get access to government funds and coveted places on overseas trade missions.The Times stories and those that followed – including reports of frequent visits to Arcuri’s flat from the then-married mayor – would have been media catnip at any time. But it’s the allegation that his private life might have impaired Johnson’s judgment as a public official that gives it legs. They are now the subject of three separate investigations into whether the Mayor failed to declare a personal interest, including a police investigation referred by the Greater London Authority because as mayor, Johnson was in charge of policing and crime-fighting.Johnson has denied any impropriety in his official duties. In keeping with his policy, he has refused to comment on the nature of his past relationship with the entrepreneur.That doesn’t mean the stories will go away. In fact, they could become a major test of whether voters’ concern with Brexit overrides all else in the next general election. For many Conservative voters who have been inclined to support his Brexit policy, and especially for many women, the stories will be a reminder of a long-held, small-c conservative view that matters of personal morality and those of probity in public office are often not very far apart.Arcuri was clearly a force in London’s burgeoning tech scene at the time. Fresh out of business school, she set up a company called Innotech to run events for the tech sector. Johnson’s presence at the events, and hers on mayoral trade missions to Singapore, Malaysia and Tel Aviv, helped put Arcuri on the map in that world. A 2014 Business Insider story names her as one of the 25 top women in tech, along with Net-a-Porter founder Natalie Massenet and Martha Lane Fox of lastminute.com fame. “Thanks to her close ties with London mayor Boris Johnson, the shaggy-haired politician has repeatedly agreed to speak at the event, which also shows the government's interest in the east London tech cluster,” it wrote of Arcuri.That Johnson would grace those events raises eyebrows now, but it didn’t so much at the time. London’s now established tech sector was young and starving for funds and attention; government officials seemed keen to show their support.Arcuri is clearly someone who could gather the geeks and the hooded coder-dudes in a room, make them feel they had superpowers, and then go market those powers to politicians and companies that didn’t know their DDoS from their MitM attacks. She has evangelized for women in tech and tech education. Much of it was also photo-op fodder: Arcuri with Johnson, Arcuri in a selfie with Brexit czar Michael Gove, Arcuri in front of 10 Downing Street in two separate outfits, Arcuri giving a Ted talk. The Sunday Times report said that Innotech received two grants in 2013 totaling 11,500 pounds ($14,149) from a promotional organization that Johnson was responsible for as mayor. Arcuri reportedly received a 15,000-pound government grant, under the Sirius program designed to woo foreign entrepreneurs to build businesses in Britain.Earlier this year, Hacker House, which Arcuri set up with professional hacker Matthew Hickey to provide cyber-security training, received the first disbursement in a 100,000-pound award from the Department of Digital, Culture, Media and Sport, earmarked for U.K.-based companies to provide cybersecurity training and also “boost diversity” in the sector. The government has disbursed 47,000 pounds and frozen the rest pending the investigation. Hickey, who tweets as @hackerfantastic and is also Arcuri’s husband, has vigorously defended her and Hacker House against allegations that it won business improperly. Arcuri has said that all funding was in respect to her position as a legitimate businesswoman.As the Arcuri story was gaining momentum, the first day of the Tory Party conference in Manchester on Sunday was marred by revelations by Sunday Times journalist Charlotte Edwardes, that Johnson had squeezed her thigh, and that of another unnamed woman, at a boozy lunch when he was editor of the Spectator in 1999. Downing Street issued a statement that “the allegation is untrue,” an unusual move because Johnson doesn’t normally comment on such things. Edwardes tweeted in response: “If the prime minister doesn’t recollect the incident then clearly I have a better memory than he does.”Some around Johnson at the party conference showed clear discomfort about the whole thing. Health Secretary Matt Hancock said of Edwardes, “I know her and I know her to be trustworthy,” a sentiment echoed by former cabinet minister Amber Rudd. U.K. Chancellor of the Exchequer Sajid Javid came to Johnson’s defense, saying he has total trust in the prime minister.Together, the two sets of allegations may be harder to shake than any Johnson has faced in the past. Johnson’s ties to Arcuri will have to survive formal investigations, not just trial by media. If Johnson helped Hacker House understand what was required to successfully bid for government contracts, that is one thing; if he failed to declare a personal interest or intervened to see that contracts were awarded, that is entirely another.The second allegations are more complicated to adjudicate. While Johnson’s personal peccadilloes may be tolerated, Edwardes’s allegations, even if many will question the timing, go further than anything previously reported about the prime minister’s character. Former Defense Minister Michael Fallon had to resign over not dissimilar allegations under Theresa May. Her close adviser Damian Green was also forced to resign after being found to have made misleading statements about pornography on one of his parliamentary office computers.Johnson’s strategy seems to be to tar anyone who discusses such matters as being hell-bent on frustrating the U.K. from leaving the European Union on Oct. 31. Will his divided party toe that line? His cabinet is reportedly divided over his Brexit plans and leaks on Monday night suggest that the EU is so far not buying his proposals. It may still be that Brexit is so paramount for Conservative voters – or, if not, then at least keeping socialist Labour leader Jeremy Corbyn out of power is -- they trump everything else in the next election. Forces are coming together that could test that theory to the limit.To contact the author of this story: Therese Raphael at traphael4@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Therese Raphael writes editorials on European politics and economics for Bloomberg Opinion. She was editorial page editor of the Wall Street Journal Europe.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • AMZN's HD Push Heats Up Battle Against AAPL, SPOT & Others
    Zacks

    AMZN's HD Push Heats Up Battle Against AAPL, SPOT & Others

    Amazon's (AMZN) Amazon Music HD is likely to give tough competition to Apple, Spotify, Google and Sirius, which are also making every effort to bolster their presence in music streaming space.

  • CNW Group

    #1 Music Brand For Kids, KIDZ BOP, And Live Nation Expand The "KIDZ BOP World Tour" In The US, Canada, And UK

    NEW YORK , Sept. 16, 2019 /CNW/ --  KIDZ BOP , the #1 music brand for kids with more than 20 million albums sold, in partnership with Live Nation, is extending its successful KIDZ BOP World Tour, traveling ...

  • Smart speaker sales are surging in America — Amazon may be the big winner
    Yahoo Finance

    Smart speaker sales are surging in America — Amazon may be the big winner

    It's a smart speaker world, we just get to live in it.

  • 3 Top Stocks Under $20
    Motley Fool

    3 Top Stocks Under $20

    A social media comeback kid, one of the hottest media stocks of the past decade, and a high-yielding telco make the cut in this quest for the best stocks trading in the teens or lower.

  • What Is Sirius XM Holdings Inc.'s (NASDAQ:SIRI) Share Price Doing?
    Simply Wall St.

    What Is Sirius XM Holdings Inc.'s (NASDAQ:SIRI) Share Price Doing?

    Let's talk about the popular Sirius XM Holdings Inc. (NASDAQ:SIRI). The company's shares saw a double-digit share...

  • Have We Hit Peak Sirius XM?
    Motley Fool

    Have We Hit Peak Sirius XM?

    Growth is slowing for the satellite radio monopoly, but it has a few tricks up its sleeve to keep the business and share price growing.

  • Sirius XM Goes to College and Doesn't Flunk Out
    Motley Fool

    Sirius XM Goes to College and Doesn't Flunk Out

    The satellite radio provider's discounted $4-per-month streaming package for university students makes sense.