Stern will be fine. Sirius XM will be fine. Investors -- while they wait out the process -- will be fine. The stock is now trading for less than 7 times next year's projected earnings with a 5.1% dividend yield. Stern isn't likely to come back to Sirius XM on the cheap, but investors can do so right now.

Legendary radio host Howard Stern faces an uncertain future at SiriusXM as his contract is set to expire, according to multiple reports.

Legendary shock jock Howard Stern is reportedly not happy with SiriusXM, and the source of his frustration has to do with the company's reliance on Andy Cohen. According to Eve Buckland and Adam S. Levy of the Daily Mail,