Sirius XM Holdings
Sirius XM Holdings Inc. provides satellite radio services in the United States. The last earnings update was 55 days ago. More info.
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SIRI Share Price and Events
7 Day Returns
1 Year Returns
SIRI Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Sirius XM Holdings (SIRI) | 2.6% | -0.5% | -6.5% | -24.6% | 41.5% | 65.6% |
| US Media | 0.8% | -1.2% | 4.2% | 14.8% | 24.2% | 25.4% |
| US Market | 0.3% | 0.4% | 0.6% | 0.7% | 37.2% | 37.4% |
1 Year Return vs Industry and Market
- SIRI underperformed the Media industry which returned 14.8% over the past year.
- SIRI underperformed the Market in United States of America which returned 0.7% over the past year.
SIRI Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Sirius XM Holdings
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Sirius XM Holdings.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 13 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 8.5% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Media Unlevered Beta | Simply Wall St/ S&P Global | 0.78 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.778 (1 + (1- 21%) (29.41%)) |
0.972 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.97 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.972 * 5.96%) |
8.52% |
Discounted Cash Flow Calculation for NasdaqGS:SIRI using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Sirius XM Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 8.52%) |
|
|---|---|---|---|
| 2019 | 1,593.11 | Analyst x9 | 1,467.97 |
| 2020 | 1,795.71 | Analyst x9 | 1,524.68 |
| 2021 | 1,898.33 | Analyst x6 | 1,485.21 |
| 2022 | 1,891.33 | Analyst x3 | 1,363.50 |
| 2023 | 2,014.00 | Analyst x2 | 1,337.88 |
| 2024 | 2,078.60 | Est @ 3.21% | 1,272.33 |
| 2025 | 2,142.30 | Est @ 3.06% | 1,208.32 |
| 2026 | 2,205.80 | Est @ 2.96% | 1,146.40 |
| 2027 | 2,269.63 | Est @ 2.89% | 1,086.92 |
| 2028 | 2,334.19 | Est @ 2.84% | 1,030.03 |
| Present value of next 10 years cash flows | $12,923.24 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $2,334.19 × (1 + 2.73%) ÷ (8.52% – 2.73%) |
$41,381.34 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $41,381.34 ÷ (1 + 8.52%)10 |
$18,260.78 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $12,923.24 + $18,260.78 |
$31,184.03 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $31,184.03 / 4,607.28 |
$6.77 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $6.77 |
| Current discount | Discount to share price of
$5.63
= -1 x ($5.63 - $6.77) / $6.77 |
16.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Sirius XM Holdings's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Sirius XM Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Sirius XM Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Sirius XM Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $0.23 |
| NasdaqGS:SIRI Share Price ** | NasdaqGS (2019-06-17) in USD | $5.63 |
| United States of America Media Industry PE Ratio | Median Figure of 42 Publicly-Listed Media Companies | 15.88x |
| United States of America Market PE Ratio | Median Figure of 3,093 Publicly-Listed Companies | 17.68x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Sirius XM Holdings.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:SIRI Share Price ÷ EPS (both in USD) = 5.63 ÷ 0.23 |
24.06x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Sirius XM Holdings is overvalued based on earnings compared to the US Media industry average.
- Sirius XM Holdings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Sirius XM Holdings's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 24.06x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts |
10.9%per year |
| United States of America Media Industry PEG Ratio | Median Figure of 32 Publicly-Listed Media Companies | 0.88x |
| United States of America Market PEG Ratio | Median Figure of 2,125 Publicly-Listed Companies | 1.52x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 24.06x ÷ 10.9% |
2.21x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Sirius XM Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Sirius XM Holdings's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $0.03 |
| NasdaqGS:SIRI Share Price * | NasdaqGS (2019-06-17) in USD | $5.63 |
| United States of America Media Industry PB Ratio | Median Figure of 75 Publicly-Listed Media Companies | 1.72x |
| United States of America Market PB Ratio | Median Figure of 5,245 Publicly-Listed Companies | 1.79x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:SIRI Share Price ÷ Book Value per Share (both in USD) = 5.63 ÷ 0.03 |
169.82x |
* Primary Listing of Sirius XM Holdings.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Sirius XM Holdings is overvalued based on assets compared to the US Media industry average.
Value checks
We assess Sirius XM Holdings's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Media industry average (and greater than 0)? (1 check) Sirius XM Holdings has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
SIRI Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Sirius XM Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Sirius XM Holdings's earnings growth is positive but not above the United States of America market average.
- Sirius XM Holdings's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:SIRI Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts | 10.9% |
| NasdaqGS:SIRI Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts | 4.7% |
| United States of America Media Industry Earnings Growth Rate | Market Cap Weighted Average | 15.1% |
| United States of America Media Industry Revenue Growth Rate | Market Cap Weighted Average | 3.9% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.8% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 13 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 8,466 | 1 | ||
| 2022-12-31 | 8,655 | 2,233 | 1,377 | 2 |
| 2021-12-31 | 8,532 | 2,193 | 1,244 | 8 |
| 2020-12-31 | 8,200 | 2,097 | 1,120 | 12 |
| 2019-12-31 | 7,704 | 1,941 | 973 | 13 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 6,140 | 1,861 | 1,049 |
| 2018-12-31 | 5,771 | 1,880 | 1,176 |
| 2018-09-30 | 5,679 | 1,889 | 887 |
| 2018-06-30 | 5,591 | 2,057 | 820 |
| 2018-03-31 | 5,506 | 1,961 | 730 |
| 2017-12-31 | 5,425 | 1,856 | 648 |
| 2017-09-30 | 5,324 | 1,817 | 890 |
| 2017-06-30 | 5,222 | 1,717 | 808 |
| 2017-03-31 | 5,110 | 1,666 | 781 |
| 2016-12-31 | 5,017 | 1,719 | 746 |
| 2016-09-30 | 4,910 | 1,559 | 676 |
| 2016-06-30 | 4,802 | 1,326 | 649 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 13 Analyst Estimates (S&P Global) | See Below |
All data from Sirius XM Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | 0.35 | 0.35 | 0.35 | 1.00 |
| 2021-12-31 | 0.31 | 0.35 | 0.28 | 9.00 |
| 2020-12-31 | 0.26 | 0.31 | 0.22 | 14.00 |
| 2019-12-31 | 0.21 | 0.26 | 0.18 | 15.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 0.23 |
| 2018-12-31 | 0.26 |
| 2018-09-30 | 0.20 |
| 2018-06-30 | 0.18 |
| 2018-03-31 | 0.16 |
| 2017-12-31 | 0.14 |
| 2017-09-30 | 0.19 |
| 2017-06-30 | 0.17 |
| 2017-03-31 | 0.16 |
| 2016-12-31 | 0.15 |
| 2016-09-30 | 0.13 |
| 2016-06-30 | 0.13 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Sirius XM Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Sirius XM Holdings's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Sirius XM Holdings has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
SIRI Past Performance
How has Sirius XM Holdings performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Sirius XM Holdings's year on year earnings growth rate has been positive over the past 5 years.
- Sirius XM Holdings's 1-year earnings growth exceeds its 5-year average (43.7% vs 19.9%)
- Sirius XM Holdings's earnings growth has exceeded the US Media industry average in the past year (43.7% vs -27.5%).
Earnings and Revenue History
All data from Sirius XM Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 6,139.69 | 1,048.89 | 938.71 | 146.22 |
| 2018-12-31 | 5,770.69 | 1,175.89 | 837.71 | 123.22 |
| 2018-09-30 | 5,678.58 | 887.40 | 815.85 | 120.89 |
| 2018-06-30 | 5,590.79 | 820.08 | 809.46 | 119.31 |
| 2018-03-31 | 5,506.06 | 729.84 | 788.65 | 119.61 |
| 2017-12-31 | 5,425.13 | 647.91 | 771.76 | 112.43 |
| 2017-09-30 | 5,324.23 | 889.53 | 763.63 | 105.59 |
| 2017-06-30 | 5,222.28 | 807.71 | 755.49 | 95.41 |
| 2017-03-31 | 5,110.28 | 780.57 | 736.71 | 86.52 |
| 2016-12-31 | 5,017.22 | 745.93 | 727.83 | 82.15 |
| 2016-09-30 | 4,910.37 | 675.94 | 732.35 | 74.81 |
| 2016-06-30 | 4,802.43 | 648.59 | 700.56 | 71.69 |
| 2016-03-31 | 4,690.08 | 576.47 | 686.65 | 68.88 |
| 2015-12-31 | 4,570.06 | 509.72 | 678.99 | 64.40 |
| 2015-09-30 | 4,464.86 | 518.21 | 643.40 | 62.29 |
| 2015-06-30 | 4,352.24 | 487.83 | 644.70 | 62.29 |
| 2015-03-31 | 4,264.37 | 504.95 | 636.42 | 61.83 |
| 2014-12-31 | 4,181.10 | 493.24 | 630.42 | 62.78 |
| 2014-09-30 | 4,090.22 | 415.68 | 620.94 | 62.75 |
| 2014-06-30 | 3,994.64 | 343.19 | 605.38 | 59.62 |
| 2014-03-31 | 3,899.41 | 348.68 | 583.49 | 59.04 |
| 2013-12-31 | 3,799.10 | 373.39 | 553.16 | 57.97 |
| 2013-09-30 | 3,691.43 | 624.15 | 534.77 | 59.28 |
| 2013-06-30 | 3,597.28 | 607.16 | 520.17 | 59.78 |
| 2013-03-31 | 3,494.72 | 2,377.93 | 514.80 | 51.00 |
| 2012-12-31 | 3,402.04 | 2,323.13 | 510.81 | 48.84 |
| 2012-09-30 | 3,293.36 | 2,049.05 | 501.81 | 46.65 |
| 2012-06-30 | 3,188.55 | 2,064.00 | 486.75 | 47.32 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Whilst Sirius XM Holdings made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
- Sirius XM Holdings used its assets more efficiently than the US Media industry average last year based on Return on Assets.
- Sirius XM Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Sirius XM Holdings's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Sirius XM Holdings has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
SIRI Health
How is Sirius XM Holdings's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Sirius XM Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
- Sirius XM Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Sirius XM Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Sirius XM Holdings Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 154.00 | 7,628.00 | 62.00 |
| 2018-12-31 | -1,816.92 | 6,887.98 | 54.43 |
| 2018-09-30 | -1,375.38 | 6,566.56 | 46.04 |
| 2018-06-30 | -1,370.57 | 6,447.95 | 63.52 |
| 2018-03-31 | -1,564.47 | 6,812.36 | 78.54 |
| 2017-12-31 | -1,523.87 | 6,746.35 | 69.02 |
| 2017-09-30 | -1,050.10 | 6,732.57 | 73.55 |
| 2017-06-30 | -1,041.69 | 6,458.92 | 42.74 |
| 2017-03-31 | -921.08 | 5,987.85 | 230.49 |
| 2016-12-31 | -792.02 | 5,848.25 | 213.94 |
| 2016-09-30 | -506.51 | 6,102.09 | 572.38 |
| 2016-06-30 | -775.12 | 6,102.42 | 476.45 |
| 2016-03-31 | -563.94 | 5,714.82 | 101.95 |
| 2015-12-31 | -166.49 | 5,448.38 | 111.84 |
| 2015-09-30 | 60.91 | 5,405.97 | 152.55 |
| 2015-06-30 | 447.26 | 5,116.41 | 294.05 |
| 2015-03-31 | 888.18 | 5,109.43 | 482.04 |
| 2014-12-31 | 1,309.84 | 4,494.90 | 147.72 |
| 2014-09-30 | 1,173.42 | 4,769.07 | 103.59 |
| 2014-06-30 | 1,485.89 | 4,624.29 | 169.98 |
| 2014-03-31 | 2,725.41 | 3,451.69 | 121.17 |
| 2013-12-31 | 2,745.74 | 3,601.60 | 138.45 |
| 2013-09-30 | 2,834.67 | 3,711.20 | 720.47 |
| 2013-06-30 | 3,238.85 | 3,249.78 | 651.77 |
| 2013-03-31 | 3,737.38 | 2,388.30 | 206.73 |
| 2012-12-31 | 4,039.57 | 2,435.22 | 520.95 |
| 2012-09-30 | 4,156.18 | 2,434.75 | 556.27 |
| 2012-06-30 | 4,013.59 | 2,878.80 | 868.33 |
- Sirius XM Holdings's level of debt (4665.6%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (127.8% vs 4665.6% today).
- Debt is well covered by operating cash flow (25.9%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 5.3x coverage).
Financial health checks
We assess Sirius XM Holdings's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Sirius XM Holdings has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
SIRI Dividends
What is Sirius XM Holdings's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Sirius XM Holdings
shares you are expected to receive
$17
in your first year as a dividend.
Dividend Amount
- Sirius XM Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
- Sirius XM Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 13 Analyst Estimates (S&P Global) | See Below |
| United States of America Media Industry Average Dividend Yield | Market Cap Weighted Average of 28 Stocks | 2.1% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2011 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | 0.06 | 1.00 |
| 2022-12-31 | 0.07 | 2.00 |
| 2021-12-31 | 0.07 | 7.00 |
| 2020-12-31 | 0.05 | 9.00 |
| 2019-12-31 | 0.05 | 9.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-23 | 0.048 | 0.866 |
| 2019-01-29 | 0.048 | 0.812 |
| 2018-10-09 | 0.048 | 0.802 |
| 2018-07-18 | 0.044 | 0.642 |
| 2018-04-26 | 0.044 | 0.633 |
| 2018-01-23 | 0.044 | 0.710 |
| 2017-10-03 | 0.044 | 0.800 |
| 2017-07-11 | 0.040 | 0.721 |
| 2017-04-25 | 0.040 | 0.779 |
| 2017-01-24 | 0.040 | 0.796 |
| 2016-10-27 | 0.040 | 0.896 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, Sirius XM Holdings has been paying a dividend for less than 10 years.
- Dividend payments have increased, but Sirius XM Holdings only paid a dividend in the past 3 years.
Income/ dividend checks
We assess Sirius XM Holdings's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Sirius XM Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Sirius XM Holdings has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
SIRI Management
CEO
| COMPENSATION | $17,633,953 |
| AGE | 63 |
| TENURE AS CEO | 6.5 years |
CEO Bio
Mr. James E. Meyer, also known as Jim, has been the Chief Executive Officer of Sirius XM Holdings Inc. (also known as SIRIUS XM Radio Inc.) since December 18, 2012. Mr. Meyer serves as a Director at Charter Communications, Inc. since July 24, 2018. He has a strong track record and wealth of relevant experience. Mr. Meyer served as the President of Operations and Sales at SIRIUS XM Radio from May 2004 to December 18, 2012. He served as a Consultant to SIRIUS and was responsible for overseeing and directing all operations and sales, including its automotive OEM business, retail markets, product management, strategic Partners, engineering functions and geographical expansion. Prior to joining SIRIUS, Mr. Meyer served as President of Aegis Ventures, a general management consulting company. Before Aegis, he held a number of senior management position in consumer electronics including, Senior Executive Vice President, Digital Media Solutions of Thomson, a worldwide leader in consumer electronics. From January 1997 to December 2001, Mr. Meyer served as Senior Executive Vice President and Chief Operating Officer of Thomson Consumer Electronics. He was responsible for Thomson’s Digital Media Solutions Business Unit, a global business serving the entertainment, broadcast and content industries, including such clients as Disney, Warner Brothers, Dreamworks, Microsoft, Direct TV, ABC and BBC. He served as Special Advisor to the Chairman of Thomson Multimedia and also served as Thomson’s Chief Operating Officer for the Americas and as Senior Vice President of Product Management, along with other senior management positions at General Electric and RCA during his 25 years in consumer electronics. He serves as Director at Pandora Media Inc. He has been the Chairman of TiVo Corporation since July 7, 2015 and has been its Independent Director since May 2008. Mr. Meyer has been a Director of StarSight Telecast Inc. since February 1996 and SIRIUS XM Radio Inc. since December 18, 2012. He serves as a Director of Rovi Guides, Inc. He serves as a Director of Escient Solutions and Progressive Gaming Inc. He has been a Director of Sirius XM Holdings Inc. since January 2013. He serves as Director of OpenGlobe located in Indianapolis, Indiana. He served as a Member of the Supervisory Board of ENV nternational N.V. (formerly Equant NV), since February 19, 2003. He served as Director Technicolor SA. He served as Director of OpenGlobe Inc. He served as a Director of Progressive Gaming International Corporation (formerly Mikohn Gaming Corp.) from February 1999 to July 26, 2005. Mr. Meyer holds a B.S. in economics and an MBA from St. Bonaventure University.
CEO Compensation
- Jim's compensation has been consistent with company performance over the past year, both up more than 20%.
- Jim's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Sirius XM Holdings management team in years:
- The average tenure for the Sirius XM Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Jim Meyer
CEO & Director
$18M
63
6.5 yrs
Scott Greenstein
President & Chief Content Officer
$19M
58
15.1 yrs
David Frear
Senior EVP & CFO
$16M
61
4 yrs
Jennifer Witz
President of Sales
$5M
49
0.3 yrs
Dara Altman
Executive VP & Chief Administrative Officer
$8M
59
10.8 yrs
Hooper Stevens
Vice President of IR & Finance
Patrick Donnelly
Executive VP
$8M
56
21.1 yrs
Patrick Reilly
Senior Vice President of Corporate Communications
John Schultz
Senior VP
Stephen Cook
Executive Vice President of Sales & Automotive
$4M
62
6.4 yrs
Board of Directors Tenure
Average tenure and age of the Sirius XM Holdings board of directors in years:
- The tenure for the Sirius XM Holdings board of directors is about average.
Board of Directors
Greg Maffei
Chairman of the Board
$326K
58
6.2 yrs
Jim Meyer
CEO & Director
$18M
63
6.4 yrs
John Malone
Chairman of The Board of Liberty Media Corporation
$120K
77
Joan Lordi Amble
Director
$306K
65
10.9 yrs
Jim Mooney
Director
$214K
63
15.9 yrs
Carl Vogel
Director
$296K
61
8.2 yrs
Eddy Hartenstein
Lead Independent Director
$326K
67
6.2 yrs
James Holden
Director
$282K
66
17.8 yrs
George Bodenheimer
Director
$276K
59
5.8 yrs
Evan Malone
Director
$276K
47
6.1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 05. Feb 19 | Sell | Thomas Barry | Individual | 05. Feb 19 | 05. Feb 19 | -48,513 | $6.06 | $-293,989 | ||
| 30. Jul 18 | Sell | Stephen Cook | Individual | 26. Jul 18 | 26. Jul 18 | -100,000 | $7.18 | $-718,250 | ||
Management checks
We assess Sirius XM Holdings's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Sirius XM Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
SIRI News
Simply Wall St News
What Makes Sirius XM Holdings Inc. (NASDAQ:SIRI) A Great Dividend Stock?
(NASDAQ:SIRI) from a dividend investor's perspective. Owning a strong business and reinvesting the dividends is widely seen as an attractive way of growing your wealth. Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. With only a three-year payment history, and a 0.9% yield, investors probably think Sirius XM Holdings is not much of a dividend stock. A low dividend might not be a bad thing, if the company is reinvesting heavily and growing its sales and profits. The company also bought back stock during the year, equivalent to approximately 6.7% of the company's market capitalisation at the time. Some simple analysis can offer a lot of insights when buying a company for its dividend, and we'll go through this below. Explore this interactive chart for our latest analysis on Sirius XM Holdings! NasdaqGS:SIRI Historical Dividend Yield, June 16th 2019 Payout ratios Dividends are usually paid out of company earnings. If a company is paying more than it earns, then the dividend might become unsustainable - hardly an ideal situation. As a result, we should always investigate whether a company can afford its dividend, measured as a percentage of a company's net income after tax. Sirius XM Holdings paid out 20% of its profit as dividends, over the trailing twelve month period. With a low payout ratio, it looks like the dividend is comprehensively covered by earnings. We also measure dividends paid against a company's levered free cash flow, to see if enough cash was generated to cover the dividend. Sirius XM Holdings paid out 14% of its free cash flow as dividends last year, which is conservative and suggests the dividend is sustainable. It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. Is Sirius XM Holdings's Balance Sheet Risky? As Sirius XM Holdings has a meaningful amount of debt, we need to check its balance sheet to see if the company might have debt risks. A rough way to check this is with these two simple ratios: a) net debt divided by EBITDA (earnings before interest, tax, depreciation and amortisation), and b) net interest cover. Net debt to EBITDA is a measure of a company's total debt. Net interest cover measures the ability to meet interest payments on debt. Essentially we check that a) a company does not have too much debt, and b) that it can afford to pay the interest. … We're conscious though that one of the best ways to detect a multi-decade consistent dividend-payer, is to watch a company pay dividends for 20 years - a distinction Sirius XM Holdings has not achieved yet. … Strong earnings per share (EPS) growth might encourage our interest in the company despite fluctuating dividends, which is why it's great to see Sirius XM Holdings has grown its earnings per share at 31% per annum over the past five years. Earnings per share have grown rapidly, and the company is retaining a majority of its earnings. We think this is ideal from an investment perspective, if the company is able to reinvest these earnings effectively. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.
Simply Wall St - – Full articleShould You Be Worried About Insider Transactions At Sirius XM Holdings Inc. (NASDAQ:SIRI)?
So we'll take a look at whether insiders have been buying or selling shares in Sirius XM Holdings Inc. … Insider Ownership For a common shareholder, it is worth checking how many shares are held by company insiders. … We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
Simply Wall St - – Full articleUpdate: Sirius XM Holdings (NASDAQ:SIRI) Stock Gained 64% In The Last Five Years
To wit, the Sirius XM Holdings share price has climbed 64% in five years, easily topping the market return of 38% (ignoring dividends). … Over half a decade, Sirius XM Holdings managed to grow its earnings per share at 33% a year. … A Different Perspective While the broader market gained around 4.0% in the last year, Sirius XM Holdings shareholders lost 22% (even including dividends).
Simply Wall St - – Full articleSirius XM Holdings Inc. (NASDAQ:SIRI): Can Growth Justify Its April Share Price?
Help shape the future of investing tools and you could win a $250 gift card! … See our latest analysis for Sirius XM Holdings? … According to the analysts covering the company, the following few years should bring about good growth prospects for Sirius XM Holdings
Simply Wall St - – Full articleA Close Look At Sirius XM Holdings Inc.’s (NASDAQ:SIRI) 34% ROCE
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleShould You Worry About Sirius XM Holdings Inc.'s (NASDAQ:SIRI) CEO Pay Cheque?
This analysis aims first to contrast CEO compensation with other large companies. … has a market cap of US$28b, and is paying total annual CEO compensation of US$9.7m. … While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$1.8m.
Simply Wall St - – Full articleDo Directors Own Sirius XM Holdings Inc. (NASDAQ:SIRI) Shares?
Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Sirius XM Holdings is a pretty big company. … Check out our latest analysis for Sirius XM Holdings
Simply Wall St - – Full articleWhy Sirius XM Holdings Inc.'s (NASDAQ:SIRI) High P/E Ratio Isn't Necessarily A Bad Thing
We'll look at Sirius XM Holdings Inc.'s (NASDAQ:SIRI) P/E ratio and reflect on what it tells us about the company's share price. … Sirius XM Holdings has a P/E ratio of 22.54, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleIs Sirius XM Holdings Inc. (NASDAQ:SIRI) Potentially Undervalued?
received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to $6.35 at one point, and dropping to the lows of $5.51. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … A question to answer is whether Sirius XM Holdings's current trading price of $6.06 reflective of the actual value of the?
Simply Wall St - – Full articleSirius XM Holdings Inc. (NASDAQ:SIRI): Are Analysts Right About The Drop In Earnings?
Help shape the future of investing tools and you could win a $250 gift card! … Looking at Sirius XM Holdings Inc.'s (NASDAQ:SIRI) recent earnings update on 31 December 2018,
Simply Wall St - – Full articleSIRI Company Info
Description
Sirius XM Holdings Inc. provides satellite radio services in the United States. 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. It also streams music and non-music channels over the Internet; and offers applications to allow consumers to access its Internet radio service on smartphones, tablets, computers, home devices, and other consumer electronic equipment. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios, as well as sell satellite radios directly to consumers through its Website, automakers, and retailers. Further, the company provides location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, and stolen or parked vehicle locator services. Additionally, it offers satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; and real-time traffic and weather services. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. is a subsidiary of Liberty Media Corporation.
Details
| Name: | Sirius XM Holdings Inc. |
| SIRI | |
| Exchange: | NasdaqGS |
| Founded: | 1990 |
| $25,939,013,103 | |
| 4,607,284,743 | |
| Website: | http://www.siriusxm.com |
| Address: |
Sirius XM Holdings Inc. 1290 Avenue of the Americas, 11th Floor, New York, New York, 10104, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | SIRI | Common Stock | Nasdaq Global Select | US | USD | 13. Sep 1994 | |
| DB | RDO | Common Stock | Deutsche Boerse AG | DE | EUR | 13. Sep 1994 | |
| LSE | 0L6Z | Common Stock | London Stock Exchange | GB | USD | 13. Sep 1994 | |
| WBAG | SIRI | Common Stock | Wiener Boerse AG | AT | EUR | 13. Sep 1994 | |
| BOVESPA | SRXM34 | BDR EACH 1 REP 1 COM USD0.001 | Bolsa de Valores de Sao Paulo | BR | BRL | 17. May 2019 |
Number of employees
Current staff
Industry
| Cable and Satellite | |
| Media |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/06/18 00:28 |
| End of day share price update: | 2019/06/17 00:00 |
| Last estimates confirmation: | 2019/06/17 |
| Last earnings filing: | 2019/04/24 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
