Catalyst Watch: Tesla deliveries, Disney board vote, DJT drama and Fortinet event
Seeking Alpha News (Thu, 28-Mar 3:00 PM ET)
TipRanks (Wed, 27-Mar 8:31 AM ET)
SiriusXM to Present at the Deutsche Bank 32nd Annual Media, Internet & Telecom Conference
PRNewswire (Tue, 27-Feb 4:30 PM ET)
SiriusXM to Present at the Morgan Stanley Technology, Media and Telecom Conference
PRNewswire (Tue, 27-Feb 4:30 PM ET)
SiriusXM Reports Fourth Quarter and Full-Year 2023 Operating and Financial Results
PRNewswire (Thu, 1-Feb 7:00 AM ET)
SiriusXM Declares Quarterly Cash Dividend
PRNewswire (Wed, 24-Jan 5:00 PM ET)
SiriusXM to Report Fourth Quarter and Full-Year 2023 Operating and Financial Results
PRNewswire (Thu, 11-Jan 4:30 PM ET)
Sirius XM Holdings is composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the US and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service; it has a robust and growing podcast library. Liberty Media owns 84% of Sirius XM, traded through its Liberty Sirius XM Group tracking stock.
Sirius Xm Holdings trades on the NASDAQ stock market under the symbol SIRI.
As of March 28, 2024, SIRI stock price declined to $3.88 with 11,697,721 million shares trading.
SIRI has a beta of 2.06, meaning it tends to be more sensitive to market movements. SIRI has a correlation of 0.12 to the broad based SPY ETF.
SIRI has a market cap of $14.90 billion. This is considered a Large Cap stock.
Last quarter Sirius Xm Holdings reported $2 billion in Revenue and $.09 earnings per share. This fell short of revenue expectation by $-3 million and exceeded earnings estimates by $.01.
In the last 3 years, SIRI stock traded as high as $7.95 and as low as $3.32.
The top ETF exchange traded funds that SIRI belongs to (by Net Assets): QQQ, VTI, VO, QQQM, VXF.
SIRI has underperformed the market in the last year with a price return of +6.2% while the SPY ETF gained +33.6%. SIRI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -28.7% and -6.3%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
SIRI support price is $3.83 and resistance is $3.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SIRI stock will trade within this expected range on the day.