Sirius XM (NASDAQ:SIRI) Issues Earnings Results

Sirius XM (NASDAQ:SIRI) issued its quarterly earnings results on Thursday. The company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.20, Zacks reports. Sirius XM had a negative net margin of 23.02% and a positive return on equity of 68.38%. Sirius XM updated its FY 2025 guidance to EPS.

Sirius XM Stock Performance

Sirius XM stock traded up $1.35 during trading hours on Thursday, reaching $23.19. 7,434,883 shares of the company were exchanged, compared to its average volume of 4,939,674. The stock has a 50-day moving average of $23.72 and a 200 day moving average of $26.97. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.93. Sirius XM has a 12 month low of $20.47 and a 12 month high of $53.50. The firm has a market cap of $7.87 billion, a price-to-earnings ratio of -3.66, a PEG ratio of 1.11 and a beta of 1.05.

Sirius XM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Friday, February 7th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 4.66%. The ex-dividend date of this dividend is Friday, February 7th. Sirius XM’s payout ratio is presently -17.03%.

Analyst Ratings Changes

Several brokerages have weighed in on SIRI. JPMorgan Chase & Co. boosted their price target on Sirius XM from $20.00 to $21.00 and gave the company an “underweight” rating in a report on Thursday, November 7th. Benchmark reiterated a “buy” rating and issued a $43.00 target price on shares of Sirius XM in a research note on Tuesday, October 15th. Morgan Stanley decreased their price target on Sirius XM from $23.00 to $21.00 and set an “underweight” rating on the stock in a research note on Thursday, January 23rd. Bank of America reiterated an “underperform” rating and issued a $23.00 price target on shares of Sirius XM in a report on Thursday, October 24th. Finally, StockNews.com began coverage on Sirius XM in a research report on Wednesday, November 13th. They issued a “sell” rating on the stock. Six analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, Sirius XM presently has a consensus rating of “Hold” and a consensus target price of $27.35.

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.