Barrington Research Cuts Earnings Estimates for Sirius XM

Sirius XM Holdings Inc. (NASDAQ:SIRI - Free Report) - Equities researchers at Barrington Research reduced their Q1 2025 EPS estimates for shares of Sirius XM in a research note issued on Wednesday, April 23rd. Barrington Research analyst P. Sholl now forecasts that the company will earn $0.68 per share for the quarter, down from their prior forecast of $0.69. The consensus estimate for Sirius XM's current full-year earnings is $3.20 per share. Barrington Research also issued estimates for Sirius XM's Q2 2025 earnings at $0.79 EPS, Q3 2025 earnings at $0.77 EPS, FY2025 earnings at $3.02 EPS, Q1 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.79 EPS and FY2026 earnings at $3.05 EPS.

A number of other analysts also recently commented on SIRI. Morgan Stanley dropped their target price on shares of Sirius XM from $23.00 to $21.00 and set an "underweight" rating on the stock in a report on Thursday, January 23rd. Rosenblatt Securities reduced their price objective on Sirius XM from $29.00 to $24.00 and set a "neutral" rating for the company in a research note on Monday, February 3rd. Guggenheim cut their target price on Sirius XM from $30.00 to $29.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Finally, Seaport Res Ptn upgraded Sirius XM from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. Six analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $26.81.

Sirius XM Price Performance

NASDAQ:SIRI traded down $0.66 during mid-day trading on Friday, reaching $21.07. 1,405,992 shares of the stock were exchanged, compared to its average volume of 4,971,249. Sirius XM has a 1-year low of $18.69 and a 1-year high of $41.60. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $7.14 billion, a PE ratio of -3.29, a PEG ratio of 0.79 and a beta of 0.98. The business has a fifty day moving average price of $22.26 and a 200 day moving average price of $23.98.

Sirius XM (NASDAQ:SIRI - Get Free Report) last released its earnings results on Thursday, January 30th. The company reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.20. Sirius XM had a positive return on equity of 13.44% and a negative net margin of 24.03%.

Sirius XM Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Friday, May 9th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 5.13%. The ex-dividend date is Friday, May 9th. Sirius XM's payout ratio is currently -16.85%.

Institutional Investors Weigh In On Sirius XM

Several institutional investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in Sirius XM in the third quarter valued at approximately $5,489,000. Franklin Resources Inc. increased its position in Sirius XM by 209.1% during the third quarter. Franklin Resources Inc. now owns 87,201 shares of the company's stock worth $2,062,000 after buying an additional 58,993 shares during the last quarter. Everence Capital Management Inc. acquired a new stake in shares of Sirius XM in the fourth quarter worth about $241,000. Central Pacific Bank Trust Division bought a new stake in shares of Sirius XM during the 4th quarter worth about $104,000. Finally, First Hawaiian Bank acquired a new position in shares of Sirius XM during the 4th quarter valued at about $454,000. 10.69% of the stock is currently owned by institutional investors and hedge funds.

Sirius XM Company Profile

Sirius XM Holdings Inc operates as an audio entertainment company in North America. It operates in two segments, Sirius XM, and Pandora and Off-platform. The company's Sirius XM segment provides music, sports, entertainment, comedy, talk, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment.