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

Key Points

• Sirius XM is expected to report Q3 2026 results before market open on October 29. Analysts forecast earnings of $0.773 per share and revenue of $2.15 billion.
• The company’s previous quarter fell short of earnings expectations, reporting $0.70 per share versus the $0.78 consensus, although revenue of $2.16 billion exceeded estimates and rose 1% year over year.
• Sirius XM recently declared a quarterly dividend of $0.27 per share, representing a 4.0% annualized yield. Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $32.15.

Sirius XM (NASDAQ:SIRI - Get Free Report) is expected to be issuing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $0.7730 per share and revenue of $2.15 billion for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:00 AM ET.

Sirius XM (NASDAQ:SIRI - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.08). The firm had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.14 billion. Sirius XM had a return on equity of 9.37% and a net margin of 10.23%. The business's revenue was up 1.0% on a year-over-year basis. During the same period last year, the company posted $0.57 EPS. On average, analysts expect Sirius XM to post $2.98 EPS for the current fiscal year and $3.34 EPS for the next fiscal year.

Sirius XM Stock Performance

Shares of NASDAQ:SIRI opened at $26.96 on Thursday. The company's 50 day simple moving average is $27.63 and its 200 day simple moving average is $27.95. The stock has a market capitalization of $9.09 billion, a price-to-earnings ratio of 8.76, a price-to-earnings-growth ratio of 0.49 and a beta of 0.98. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.46 and a quick ratio of 0.46. Sirius XM has a 1 year low of $19.76 and a 1 year high of $32.66.

Sirius XM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Shareholders of record on Friday, November 6th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, November 6th. Sirius XM's payout ratio is currently 43.20%.

Insider Transactions at Sirius XM

In other Sirius XM news, Director Jonelle Procope sold 16,672 shares of the stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $29.97, for a total value of $499,659.84. Following the completion of the transaction, the director directly owned 18,354 shares in the company, valued at approximately $550,069.38. This trade represents a 47.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.27% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

SIRI has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded Sirius XM from a "hold" rating to a "buy" rating and upped their target price for the stock from $31.00 to $45.00 in a research note on Wednesday, September 2nd. Wolfe Research initiated coverage on Sirius XM in a research note on Wednesday, September 2nd. They issued an "outperform" rating on the stock. BNP Paribas Exane cut Sirius XM to a "neutral" rating in a report on Wednesday, September 2nd. Wells Fargo & Company reissued a "hold" rating on shares of Sirius XM in a report on Friday, October 2nd. Finally, Weiss Ratings upgraded Sirius XM from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, October 8th. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Sirius XM has a consensus rating of "Hold" and an average target price of $32.15.

Sirius XM Company Profile

Sirius XM Holdings Inc is a media and entertainment company that provides subscription-based audio programming through its SiriusXM service. The company delivers a broad range of commercial-free music, live sports, news, talk and entertainment programming, including exclusive channels, original shows and coverage of major events.

SiriusXM content is distributed primarily through satellite radio and internet streaming. Subscribers can access the service in vehicles, through the SiriusXM mobile app and website, and on supported connected devices.

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