The bullish counter here is that net subscribers are still growing at Sirius XM. All rights reserved. One can argue that Sirius XM taking a breather here isn't a surprise. Shares of NASDAQ SIRI opened at $5.96 on Friday. 16.80% of the stock is currently owned by institutional investors. SIRI updated stock price target summary. But like traditional radio you don’t get to select your songs, and customizing is limited. Get short term trading ideas from the MarketBeat Idea Engine. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. The company broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels, including various music genres ranging from rock, pop and hip-hop, country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and limited run channels. The other two factors weighing on Sirius XM's growth prospects -- the sharp decline in the time that we're spending on the road and the economy smackdown -- are tethered to the COVID-19 crisis. Sirius XM had a net margin of 12.98% and a negative return on equity of 141.29%. Nordea Investment Management AB grew its stake in Sirius XM by 104.6% during the 2nd quarter. Featured Article: Certificate of Deposit (CD) For Risk Adverse Investors? He's been an analyst for Motley Fool Rule Breakers and a portfolio lead analyst for Motley Fool Supernova since each newsletter service's inception. Even the best stocks have off years, and if the run does in fact end here, it will be one for the ages. Fisker Inc (NYSE:SPAQ) Stock: The Next Big Player in EV? Want to see which stocks are moving? Morgan Stanley boosted their price target on shares of Sirius XM from $6.25 to $6.75 and gave the stock an "equal weight" rating in a research report on Monday, June 15th. Nobody expects what they're predicting now... Sirius XM (NASDAQ:SIRI) last issued its quarterly earnings data on Thursday, July 30th. State Street Corp grew its stake in Sirius XM by 0.4% during the 1st quarter. This story was reviewed by MarketBeat's editorial team prior to publication. View our full suite of financial calendars and market data tables, all for free. Fortunately, Wall Street's brightest minds have already done this for us. Source: FactSet. View the "15 Energy Stocks Analysts Love the Most", Brokerages Expect Workhorse Group Inc (NASDAQ:WKHS) Will Announce Quarterly Sales of $400,000.00, 3 Beaten Down Stocks On The Cusp Of A Major Reversal, Sorrento Therapeutics (NASDAQ:SRNE) Quietly Moves Higher On COVID News, 3 Stocks to Buy with Recent Dividend Increases, LI Auto (NYSE: LI) Stock is a Chinese EREV and Autonomous Buy Trade. Sirius XM Holdings Inc. analyst ratings, historical stock prices, earnings estimates & actuals. See what's happening in the market right now with MarketBeat's real-time news feed. Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter: View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Is Sirius XM About to Make Howard Stern the $120 Million Man? Source: Kantar Media, SIRI will report FY 2021 earnings on 02/03/2021, SIRI will report Q3 earnings on 10/22/2020, News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Sirius XM's full-year guidance back in July calls for just 500,000 self-pay net subscriber additions for all of 2020. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Sirius XM Holdings Inc provides satellite radio services in the United States. Export data to Excel for your own analysis. Zimmer Partners LP now owns 8,750,000 shares of the company's stock valued at $43,225,000 after acquiring an additional 2,750,000 shares in the last quarter. Several other brokerages have also recently commented on SIRI. This buyback authorization allows the company to reacquire up to 7.8% of its shares through open market purchases. Learn more. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Returns as of 10/20/2020. Several other brokerages have also recently commented on SIRI. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. With the stock in a significant hole nearly two-thirds of the way through 2020, it's starting to look as if the spectacular run of positive annual returns will end here. Deutsche Bank boosted their price target on shares of Sirius XM from $7.00 to $7.50 and gave the stock a "buy" rating in a research report on Tuesday, July 21st. Read honest and unbiased product reviews from our users. 456 SiriusXM reviews. The real catalysts behind this year's slide are the negative auto-ownership and usage trends as well as the escalating recession. A number of large investors have recently added to or reduced their stakes in the business. State Street Corp now owns 36,875,647 shares of the company's stock valued at $182,166,000 after acquiring an additional 134,721 shares in the last quarter.
Silversmith Hotel Chicago Bed Bugs,
Swansea Bay Radio Live,
Aries And Scorpio Compatibility 2019,
Cleveland Show Cancelled Thank God,
Owlboy Wiki,
How To Elope In Illinois,
Deutsche Post Dhl Tracking,
Tyranno Hassleberry Deck List,
Liturgical Music,
Robbie Turner Instagram,
Best Comebacks In Football,
Best Sas Books For Beginners,
Fedex Delivery Pending,
Windy City Store,
Kerryon Johnson Contract,
Microsoft Teams Auto Archive,
Aflpa Mvp Nominations 2020,
Website Analytics,
Frank Gore Fantasy Week 4,
Benedikt Erlingsson,