Sirius XM (SIRI) Expected to Announce Earnings on Thursday

Sirius XM (NASDAQ:SIRI - Get Free Report) is anticipated to release its Q2 2025 earnings data before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $0.76 per share and revenue of $2.13 billion for the quarter. Sirius XM has set its FY 2025 guidance at EPS.

Sirius XM (NASDAQ:SIRI - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.11). Sirius XM had a negative net margin of 25.00% and a positive return on equity of 6.77%. The company had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $2.09 billion. During the same period in the previous year, the business posted $0.07 earnings per share. The business's revenue was down 4.3% on a year-over-year basis. 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 Price Performance

Shares of SIRI traded down $0.19 during midday trading on Thursday, hitting $24.17. 2,347,582 shares of the company traded hands, compared to its average volume of 2,848,919. Sirius XM has a 52 week low of $18.69 and a 52 week high of $41.20. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.42 and a current ratio of 0.42. The firm has a 50 day moving average of $22.74 and a 200-day moving average of $22.66. The stock has a market cap of $8.17 billion, a price-to-earnings ratio of -3.71, a PEG ratio of 0.35 and a beta of 0.92.

Sirius XM Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Friday, August 8th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.47%. The ex-dividend date of this dividend is Friday, August 8th. Sirius XM's dividend payout ratio is presently -16.56%.

Insider Buying and Selling

In other Sirius XM news, Director Kristina Salen sold 1,651 shares of the stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $22.27, for a total transaction of $36,767.77. Following the sale, the director owned 15,471 shares of the company's stock, valued at approximately $344,539.17. This trade represents a 9.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.32% of the stock is owned by insiders.

Institutional Trading of Sirius XM

A number of institutional investors have recently made changes to their positions in SIRI. Geneos Wealth Management Inc. lifted its position in Sirius XM by 36.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company's stock worth $41,000 after acquiring an additional 493 shares during the period. Focus Partners Wealth increased its stake in shares of Sirius XM by 5.2% in the 1st quarter. Focus Partners Wealth now owns 16,273 shares of the company's stock valued at $367,000 after purchasing an additional 800 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Sirius XM by 11.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 925,313 shares of the company's stock worth $20,861,000 after buying an additional 92,111 shares in the last quarter. Finally, Brighton Jones LLC acquired a new position in shares of Sirius XM during the 4th quarter worth approximately $622,000. Institutional investors and hedge funds own 10.69% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company upped their price target on shares of Sirius XM from $16.00 to $19.00 and gave the company an "underweight" rating in a research note on Wednesday, July 2nd. Barrington Research restated an "outperform" rating and set a $28.00 price objective on shares of Sirius XM in a research report on Friday, May 2nd. Seaport Res Ptn upgraded Sirius XM from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. Rosenblatt Securities dropped their price objective on shares of Sirius XM from $24.00 to $22.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. Finally, Guggenheim reiterated a "buy" rating and issued a $29.00 price target on shares of Sirius XM in a report on Thursday, June 26th. Six investment analysts have rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $26.50.

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.