4-Oct-2024
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PRNewswire (Sun, 6-Oct 12:00 PM ET)
SiriusXM to Report Third Quarter 2024 Operating and Financial Results
PRNewswire (Tue, 1-Oct 4:30 PM ET)
SiriusXM Kicks off New Phase as an Independent Public Company
PRNewswire (Tue, 10-Sep 7:00 AM ET)
Liberty Media and Sirius XM Announce Completion of Split-Off and Merger
Business Wire (Mon, 9-Sep 6:01 PM ET)
Liberty Media and Sirius XM Announce Final Exchange Ratio for the Split-Off Transactions
Business Wire (Wed, 4-Sep 8:15 AM ET)
PRNewswire (Tue, 20-Aug 10:00 AM ET)
SiriusXM to Present at the Goldman Sachs 2024 Communacopia + Technology Conference
PRNewswire (Mon, 19-Aug 4:30 PM ET)
SiriusXM Reports Second Quarter 2024 Operating and Financial Results
PRNewswire (Thu, 1-Aug 7:00 AM ET)
SiriusXM Declares Quarterly Cash Dividend
PRNewswire (Wed, 24-Jul 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 October 4, 2024, SIRI stock price declined to $22.73 with 4,684,134 million shares trading.
SIRI has a beta of 6.78, meaning it tends to be more sensitive to market movements. SIRI has a correlation of 0.15 to the broad based SPY ETF.
SIRI has a market cap of $7.71 billion. This is considered a Mid Cap stock.
Last quarter Sirius Xm Holdings reported $2 billion in Revenue and $.80 earnings per share. This fell short of revenue expectation by $-22 million and met earnings estimates .
In the last 3 years, SIRI traded as high as $29.05 and as low as $2.45.
The top ETF exchange traded funds that SIRI belongs to (by Net Assets): VTI, VB, IWR, VBR, VXF.
SIRI has outperformed the market in the last year with a return of +413.2%, while the SPY ETF gained +36.6%. In the last 3 month period, SIRI beat the market returning +544.7%, while SPY returned +4.2%. However, in the most recent 2 weeks SIRI has underperformed the stock market by returning -8.9%, while SPY returned +0.8%.
SIRI support price is $22.20 and resistance is $24.16 (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 shares will trade within this expected range on the day.