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Sirius XM Holdings Inc
Previous close
$21.04
Day range
$20.64 - $21.07
Year range
$18.69 - $25.67
Market cap
7.05B USD
Avg Volume
5.77M
P/E ratio
9.34
Dividend yield
5.13%
Primary exchange
NASDAQ
In the news
About
SiriusXM Holdings Inc., commonly referred to as SiriusXM, is an American broadcasting corporation headquartered in Midtown Manhattan, New York City, that provides satellite radio and online radio services operating in the United States. The company was formed by the 2008 merger of Sirius Satellite Radio and XM Satellite Radio, merging them into SiriusXM Radio. The company also has a 70% equity interest in Sirius XM Canada, an affiliate company that provides Sirius and XM service in Canada. On May 21, 2013, SiriusXM Holdings, Inc. was incorporated, and in January 2020, SiriusXM reorganized their corporate structure, which made Sirius XM Radio Inc. a direct, wholly owned subsidiary of SiriusXM Holdings, Inc.
The U.S. Federal Communications Commission approved the merger of XM Satellite Radio Holdings Inc. and Sirius Satellite Radio, Inc. on July 29, 2008, 17 months after the companies first proposed it. The merger created a company with 18.5 million subscribers, and the deal was valued at US$3.3 billion, not including debt. The proposed merger was opposed by those who felt it would create a monopoly. Wikipedia
Founded
2013
Website
Employees
5,119