The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through applications for mobile and home devices, and other consumer electronic equipment. It also offers connected vehicle services; a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and traffic information services, which provide information as to road closings, traffic flow and incident data to consumers with compatible in-vehicle navigation systems, and real-time weather services in vehicles, boats, and planes. In addition, the company operates a music, comedy, and podcast streaming platform. Further, it offers ad-supported radio services; Pandora Plus, a radio subscription service; and Pandora Premium, an on-demand subscription service. Additionally, the company distributes satellite radios through automakers and retailers, as well as through its website. As of December 31, 2021, it served approximately 34.0 million subscribers through Sirius XM and approximately 6.4 million subscribers through Pandora. The Liberty SiriusXM Group is headquartered in Englewood, Colorado. The Liberty SiriusXM Group is a subsidiary of Liberty Media Corporation.
IPO Year:
Exchange: NASDAQ
Website: https://www.libertymedia.com/tracking-stocks/liberty-siriusxm-
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/24/2024 | $36.00 → $27.00 | Outperform → In-line | Evercore ISI |
| 4/29/2024 | $36.00 | Neutral → Buy | Seaport Research Partners |
| 4/24/2024 | $35.00 → $28.00 | Buy → Neutral | Citigroup |
| 3/22/2024 | Buy → Neutral | Seaport Research Partners | |
| 8/21/2023 | $32.00 | Neutral → Buy | Seaport Research Partners |
| 4/24/2023 | Neutral | Seaport Research Partners |
Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) announced that after over 20 years, Albert E. Rosenthaler will be retiring from Liberty effective January 1, 2024. Mr. Rosenthaler has served as Chief Corporate Development Officer since 2016. Previously, he was the top tax officer for Liberty Media and its predecessors since joining in 2002. Mr. Rosenthaler will become a Senior Advisor and remain a resource to the Liberty family of companies and its portfolio companies. "I want to thank Albert for his material contributions, partnership and dedication to Liberty over the years. His knowledge and expertise have delivered tremendous value
Liberty Media Corporation (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) announced that Greg Maffei, President and CEO of Liberty Media Corporation, will be presenting at the Goldman Sachs Communacopia & Technology Conference on Tuesday, September 10th at 6:05 p.m. E.T. in San Francisco. During his presentation, Mr. Maffei may make observations regarding the company's financial performance and outlook, as well as other forward looking matters. The presentation will be broadcast live via the Internet. All interested persons should visit the Liberty Media Corporation website at https://www.libertymedia.com/investors/news-events/ir-calendar to register for the webcast. An archive
Formula 1® and Lenovo have today announced the extension of its partnership that will see the technology giant elevated to a Global Partner in a multi-year renewal starting from the beginning of 2025. As part of the deal, Motorola, a subsidiary of Lenovo Group, will become Global Smartphone Partner of F1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240905029431/en/(Photo: Business Wire) As a Global Partner of Formula 1, Lenovo will continue to provide F1 with state-of-the-art technology devices, solutions and services to support the delivery of Grands Prix at track and remotely. Under the agreement, Lenovo will serve as the t
Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) and Sirius XM Holdings Inc. (NASDAQ:SIRI) ("Sirius XM") announced today that, assuming the requisite conditions to the previously announced redemptive split-off (the "Split-Off") of Liberty Sirius XM Holdings Inc. ("New Sirius") are satisfied or waived, as applicable, at 4:05 p.m., New York City time, on September 9, 2024, Liberty Media will redeem each outstanding share of Series A Liberty SiriusXM common stock ("LSXMA"), Series B Liberty SiriusXM common stock ("LSXMB") and Series C Liberty SiriusXM common stock ("LSXMK", and together with LSXMA and LSXMB, the "Liberty SiriusXM common sto
Liberty Media Corporation ("Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today announced the payment of a quarterly interest payment and an Excess Regular Additional Distribution to the holders as of August 15, 2024 of its 2.75% Exchangeable Senior Debentures due 2049 (the "Debentures"). The amount of the quarterly interest payment is $6.8750 per $1,000 original principal amount of Debentures, and the amount of the Excess Regular Additional Distribution is $1.5419 per $1,000 original principal amount of Debentures. As of September 3, 2024, the aggregate adjusted principal amount outstanding is approximately $585 million, after giving effect to today's quarterly inter
Underwriter has exercised its option to purchase additional FWONK shares Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLVYK))) announced today that it closed the previously announced public offering of shares of its Series C Liberty Formula One Common Stock ("FWONK") at a public offering price of $77.50 per share on August 22, 2024. As a result of the underwriter exercising its option to purchase additional FWONK shares in the offering, on the closing date, Liberty Media issued and sold a total of 12,247,500 FWONK shares. The offering resulted in approximately $949,181,300 in gross proceeds to Liberty Media, before deducting the underwriter
Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) announced today that, at Liberty Media's virtual special meeting of its holders of Series A Liberty SiriusXM common stock ("LSXMA") and Series B Liberty SiriusXM common stock ("LSXMB") held on August 23, 2024 at 10:15 a.m. M.T., based on preliminary results of such special meeting, the holders of LSXMA and LSXMB approved the previously announced redemptive split-off (the "Split-Off") of Liberty Sirius XM Holdings Inc. ("New Sirius"), which will be the owner of all of the businesses, assets and liabilities previously attributed to the Liberty SiriusXM Group. Following the Split-Off, New Sir
Liberty Media Corporation (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) ("Liberty") today announced its election to make a Permitted Transfer under Section 9.01(b) of the Indenture, dated November 26, 2019 (the "Indenture"), between Liberty and U.S. Bank Trust Company, National Association, as successor to U.S. Bank National Association, as trustee (the "Trustee"), relating to Liberty's 2.75% Exchangeable Senior Debentures due 2049 (the "Debentures"). The Permitted Transfer is expected to be effective on September 9, 2024 concurrently with the execution and delivery of a supplemental indenture (the "Supplemental Indenture") among Liberty, the Trustee and Liberty Sirius XM Holdi
Expect Proceeds Will Partially Fund MotoGP™ Acquisition and General Corporate Purposes Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLVYK))) announced today that it has priced the previously-announced public offering of 10,650,000 shares of its Series C Liberty Formula One Common Stock ("FWONK") at a public offering price of $77.50 per share. Liberty Media also granted the underwriter of the offering an option to purchase up to an additional 1,597,500 FWONK shares. The offering is expected to close on August 22, 2024, subject to the satisfaction of customary closing conditions, and is expected to result in approximately $825,375,000 in gr
Expect Proceeds Will Partially Fund MotoGP™ Acquisition and General Corporate Purposes Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLVYK))) announced today a public offering of 10,650,000 shares of Series C Liberty Formula One Common Stock ("FWONK"). Liberty Media also expects to grant the underwriters of the offering an option to purchase up to an additional 1,597,500 shares of FWONK. Liberty Media intends to exercise its option to deliver additional cash in lieu of shares of FWONK as part of its previously disclosed proposed acquisition (the "Acquisition") of Dorna Sports, S.L., such that all the consideration paid will be comprised of
Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today reported second quarter 2024 results. Headlines include(1): Attributed to Liberty SiriusXM Group SiriusXM reported second quarter 2024 operating and financial results Second quarter 2024 revenue of $2.18 billion Ad revenue of $443 million Net income of $316 million; diluted EPS of $0.08 Adjusted EBITDA(2) of $702 million Free cash flow(2) of $343 million SiriusXM reiterated 2024 financial guidance Liberty Media's ownership of SiriusXM was 83.3% as of July 30th Expect to complete planned combination of Liberty SiriusXM Group and SiriusXM on
Evercore ISI downgraded Liberty Media from Outperform to In-line and set a new price target of $27.00 from $36.00 previously
Seaport Research Partners upgraded Liberty Media from Neutral to Buy and set a new price target of $36.00
Citigroup downgraded Liberty Media from Buy to Neutral and set a new price target of $28.00 from $35.00 previously
Seaport Research Partners downgraded Liberty Media from Buy to Neutral
Seaport Research Partners upgraded Liberty Media from Neutral to Buy and set a new price target of $32.00
Seaport Research Partners initiated coverage of Liberty Media with a rating of Neutral
Liberty Media Corporation ("Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today announced the payment of a quarterly interest payment and an Excess Regular Additional Distribution to the holders as of August 15, 2024 of its 2.75% Exchangeable Senior Debentures due 2049 (the "Debentures"). The amount of the quarterly interest payment is $6.8750 per $1,000 original principal amount of Debentures, and the amount of the Excess Regular Additional Distribution is $1.5419 per $1,000 original principal amount of Debentures. As of September 3, 2024, the aggregate adjusted principal amount outstanding is approximately $585 million, after giving effect to today's quarterly inter
Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today reported second quarter 2024 results. Headlines include(1): Attributed to Liberty SiriusXM Group SiriusXM reported second quarter 2024 operating and financial results Second quarter 2024 revenue of $2.18 billion Ad revenue of $443 million Net income of $316 million; diluted EPS of $0.08 Adjusted EBITDA(2) of $702 million Free cash flow(2) of $343 million SiriusXM reiterated 2024 financial guidance Liberty Media's ownership of SiriusXM was 83.3% as of July 30th Expect to complete planned combination of Liberty SiriusXM Group and SiriusXM on
Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) will host a conference call to discuss results for the second quarter of 2024 on Thursday, August 8th at 10:00 a.m. E.T. Before the open of market trading that day, Liberty Media will issue a press release reporting such results, which can be found at https://ir.libertymedia.com/news-events/press-releases. Following prepared remarks, the company will host a brief Q&A session during which management will accept questions regarding Liberty Media and Atlanta Braves Holdings, Inc. The press release and conference call may discuss the financial performance and outlook of these companies, as wel
Liberty Media Corporation ("Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today announced the payment of a quarterly interest payment and an Excess Regular Additional Distribution to the holders as of May 15, 2024 of its 2.75% Exchangeable Senior Debentures due 2049 (the "Debentures"). The amount of the quarterly interest payment is $6.8750 per $1,000 original principal amount of Debentures, and the amount of the Excess Regular Additional Distribution is $1.5419 per $1,000 original principal amount of Debentures. As of June 3, 2024, the aggregate adjusted principal amount outstanding is approximately $585 million, after giving effect to today's quarterly interest paym
Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today reported first quarter 2024 results. Headlines include(1): Attributed to Liberty SiriusXM Group SiriusXM reported first quarter 2024 operating and financial results First quarter 2024 revenue of $2.16 billion; up 1% year-over-year Ad revenue up 7% year-over-year Net income of $265 million; diluted EPS of $0.07 Adjusted EBITDA(2) of $650 million; up 4% year-over-year Free cash flow(2) of $132 million; down 8% year-over-year SiriusXM reiterated 2024 financial guidance Liberty Media's ownership of SiriusXM was 83.3% as of April 26th On schedul
Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) will host a conference call to discuss results for the first quarter of 2024 on Wednesday, May 8th at 10:00 a.m. E.T. Before the open of market trading that day, Liberty Media will issue a press release reporting such results, which can be found at https://ir.libertymedia.com/news-events/press-releases. Following prepared remarks, the company will host a brief Q&A session during which management will accept questions regarding Liberty Media and Atlanta Braves Holdings, Inc. The press release and conference call may discuss the financial performance and outlook of these companies, as well a
Expands Portfolio of High-Quality Global Sports Assets with World's Leading Motorcycle Racing Championship Transaction price represents enterprise value of €4.2 billion Carmelo Ezpeleta to remain CEO Liberty Media Corporation ("Liberty Media") (NASDAQ:FWONA, FWONK))) announced today that it has entered into an agreement to acquire Dorna Sports, S.L. ("Dorna"), the exclusive commercial rights holder to the MotoGP™ World Championship, from Bridgepoint and Canada Pension Plan Investment Board ("CPP Investments"). MotoGP will be attributed to Liberty Media's Formula One Group tracking stock. MotoGP is the pinnacle of motorcycle racing and features breathtaking races with top speeds a
Liberty Media Corporation ("Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today announced the payment of a quarterly interest payment and an Excess Regular Additional Distribution to the holders as of February 15, 2024 of its 2.75% Exchangeable Senior Debentures due 2049 (the "Debentures"). The amount of the quarterly interest payment is $6.8750 per $1,000 original principal amount of Debentures, and the amount of the Excess Regular Additional Distribution is $1.5419 per $1,000 original principal amount of Debentures. As of March 1, 2024, the aggregate adjusted principal amount outstanding is approximately $585 million, after giving effect to today's quarterly interes
Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) will host a conference call to discuss results for the fourth quarter of 2023 on Wednesday, February 28th at 10:00 a.m. E.T. Before the open of market trading that day, Liberty Media will issue a press release reporting such results, which can be found at https://ir.libertymedia.com/news-events/press-releases. Following prepared remarks, the company will host a brief Q&A session during which management will accept questions regarding Liberty Media and Atlanta Braves Holdings, Inc. The press release and conference call may discuss the financial performance and outlook of these companies, as
Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) announced today that it has completed the acquisition of QuintEvents, LLC ("Quint"), an industry-leading provider of premium experiences at the world's most prominent sports and entertainment events. Quint is attributed to Liberty Media's Formula One Group tracking stock. "Quint is a great addition to Liberty Media, extending our reach in premium experiences and capitalizing on continued growth in the global experiential economy," said Greg Maffei, Liberty Media President and CEO. "We aim to leverage our relationships in sports and live events to expand Quint's portfolio of new business,
Evercore ISI Group analyst Vijay Jayant downgrades Liberty SiriusXM Gr (NASDAQ:LSXMA) from Outperform to In-Line and lowers the price target from $36 to $27.
Deutsche Bank analyst Bryan Kraft maintains Liberty SiriusXM Gr (NASDAQ:LSXMA) with a Buy and lowers the price target from $34 to $31.5.
Although U.S. stocks closed mixed on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Citi Trends The Trade: Citi Trends, Inc. (NASDAQ:CTRN) 10% owner Pleasant Lake Partners LLC acquired a total of 91,600 sha
Seaport Global analyst David Joyce upgrades Liberty SiriusXM Gr (NASDAQ:LSXMA) from Neutral to Buy and announces $36 price target.
Citigroup analyst Jason Bazinet downgrades Liberty SiriusXM Gr (NASDAQ:LSXMA) from Buy to Neutral and lowers the price target from $35 to $28.
Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK) has made a significant investment in Liberty SiriusXM Group (NASDAQ:LSXMA), the parent company of SiriusXM Radio and other media assets. What Happened: Berkshire Hathaway has acquired $116.58 million worth of Liberty Media’s Series A Liberty SiriusXM Common Stock. The conglomerate made these purchases over six days this month, acquiring over 4.3 million shares at prices ranging from $25.67 to $27.76. This has increased Berkshire Hathaway’s stake in Liberty Media Corp to a total of 69,044,244 shares. These transactions were disclosed through the SEC’s Form 4 filings, which provide insights into the trading activities of a company’s
Seaport Global analyst David Joyce downgrades Liberty SiriusXM Gr (NASDAQ:LSXMA) from Buy to Neutral.
Liberty SiriusXM Gr (NASDAQ:LSXMA) reported quarterly sales of $2.29 billion which missed the analyst consensus estimate of $2.29 billion by 0.09 percent. This is a 0.22 percent increase over sales of $2.28 billion the same period last year.
Companies Reporting Before The Bell • ICL Group (NYSE:ICL) is likely to report quarterly earnings at $0.08 per share on revenue of $1.69 billion. • Golden Ocean Group (NASDAQ:GOGL) is likely to report quarterly earnings at $0.27 per share on revenue of $193.12 million. • Wallbox (NYSE:WBX) is likely to report earnings for its fourth quarter. • Immunocore Hldgs (NASDAQ:IMCR) is estimated to report quarterly loss at $0.28 per share on revenue of $67.23 million. • Royal Bank of Canada (NYSE:RY) is likely to report quarterly earnings at $2.08 per share on revenue of $9.95 billion. • TG Therapeutics (NASDAQ:TGTX) is likely to report quarterly loss at $0.10 per share on revenue of $40.06 mil