Sirius XM (SIRI) Expected to Announce Quarterly Earnings on Thursday

Sirius XM (NASDAQ:SIRI - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.70 per share and revenue of $2.09 billion for the quarter. Sirius XM has set its FY 2025 guidance at EPS.

Sirius XM (NASDAQ:SIRI - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $0.83 earnings per share (EPS) 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%. On average, analysts expect Sirius XM to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Sirius XM Trading Down 0.2 %

Shares of NASDAQ:SIRI traded down $0.04 during trading on Tuesday, reaching $21.73. 2,497,353 shares of the stock were exchanged, compared to its average volume of 4,985,047. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.42 and a current ratio of 0.42. Sirius XM has a 12-month low of $18.69 and a 12-month high of $41.60. The firm has a market cap of $7.36 billion, a price-to-earnings ratio of -3.39, a price-to-earnings-growth ratio of 0.79 and a beta of 0.98. The firm's 50-day moving average price is $22.26 and its 200 day moving average price is $23.98.

Sirius XM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Friday, May 9th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.97%. The ex-dividend date is Friday, May 9th. Sirius XM's dividend payout ratio (DPR) is presently -16.85%.

Hedge Funds Weigh In On Sirius XM

An institutional investor recently bought a new position in Sirius XM stock. Brighton Jones LLC bought a new position in Sirius XM Holdings Inc. (NASDAQ:SIRI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 27,277 shares of the company's stock, valued at approximately $622,000. Institutional investors own 10.69% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on SIRI shares. Morgan Stanley reduced their price target on Sirius XM from $23.00 to $21.00 and set an "underweight" rating on the stock in a research report on Thursday, January 23rd. Rosenblatt Securities reduced their price target on Sirius XM from $29.00 to $24.00 and set a "neutral" rating on the stock in a research report on Monday, February 3rd. Barrington Research set a $28.00 price target on Sirius XM in a research report on Friday, January 31st. Guggenheim reduced their price target 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 note on Tuesday, April 8th. Six equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Sirius XM presently has a consensus rating of "Hold" and an average price target of $26.81.

About Sirius XM

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.