Barrington Research Lifts Earnings Estimates for Sirius XM

Sirius XM Holdings Inc. (NASDAQ:SIRI) – Research analysts at Barrington Research raised their FY2025 EPS estimates for Sirius XM in a research note issued on Monday, November 3rd. Barrington Research analyst P. Sholl now anticipates that the company will post earnings per share of $2.74 for the year, up from their previous estimate of $2.69. Barrington Research currently has a “Outperform” rating and a $28.00 price objective on the stock. 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 Q3 2026 earnings at $0.79 EPS, FY2026 earnings at $3.03 EPS and FY2028 earnings at $3.45 EPS.

Several other equities research analysts have also commented on the stock. JPMorgan Chase & Co. raised their price target on shares of Sirius XM from $19.00 to $20.00 and gave the company an “underweight” rating in a research note on Friday, October 31st. Morgan Stanley raised their price objective on shares of Sirius XM from $21.00 to $22.00 and gave the company an “underweight” rating in a research note on Wednesday, July 16th. Rosenblatt Securities raised their price objective on shares of Sirius XM from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Monday, August 4th. Wells Fargo & Company lowered their price objective on shares of Sirius XM from $19.00 to $18.00 and set an “underweight” rating on the stock in a research note on Friday, August 1st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Sirius XM in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $24.29.

Sirius XM Price Performance

Shares of NASDAQ:SIRI opened at $21.83 on Wednesday. The firm’s 50 day moving average is $22.65 and its two-hundred day moving average is $22.45. Sirius XM has a 52 week low of $18.69 and a 52 week high of $29.18. The firm has a market capitalization of $7.35 billion, a P/E ratio of -3.23, a PEG ratio of 0.32 and a beta of 0.93. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.89.

Sirius XM (NASDAQ:SIRI) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.79 by $0.05. Sirius XM had a negative net margin of 26.41% and a positive return on equity of 3.73%. The company had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.14 billion. During the same quarter last year, the business earned ($8.74) earnings per share. Sirius XM’s revenue was down .6% compared to the same quarter last year. Sirius XM has set its FY 2025 guidance at EPS.

Sirius XM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Wednesday, November 5th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Wednesday, November 5th. Sirius XM’s dividend payout ratio (DPR) is presently 38.16%.

Insiders Place Their Bets

In related news, Director Kristina Salen sold 1,845 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $21.64, for a total transaction of $39,925.80. Following the completion of the sale, the director directly owned 19,969 shares in the company, valued at approximately $432,129.16. This trade represents a 8.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 3.32% of the company’s stock.

Institutional Trading of Sirius XM

A number of large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new position in Sirius XM in the 4th quarter worth approximately $622,000. Vontobel Holding Ltd. acquired a new position in Sirius XM in the 1st quarter worth approximately $205,000. Teacher Retirement System of Texas boosted its stake in Sirius XM by 298.8% in the 1st quarter. Teacher Retirement System of Texas now owns 81,045 shares of the company’s stock worth $1,827,000 after purchasing an additional 60,723 shares during the period. Penserra Capital Management LLC boosted its stake in Sirius XM by 22.7% in the 1st quarter. Penserra Capital Management LLC now owns 140,109 shares of the company’s stock worth $3,158,000 after purchasing an additional 25,925 shares during the period. Finally, Ninety One UK Ltd boosted its stake in Sirius XM by 8.3% in the 1st quarter. Ninety One UK Ltd now owns 191,829 shares of the company’s stock worth $4,325,000 after purchasing an additional 14,718 shares during the period. 10.69% of the stock is currently owned by institutional investors.

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.