Sirius XM Holdings Inc. (NASDAQ:SIRI – Free Report) – Barrington Research reduced their FY2026 earnings per share (EPS) estimates for shares of Sirius XM in a note issued to investors on Friday, December 13th. Barrington Research analyst J. Goss now anticipates that the company will post earnings of $3.29 per share for the year, down from their previous forecast of $3.66. Barrington Research currently has a “Outperform” rating and a $30.00 target price on the stock. The consensus estimate for Sirius XM’s current full-year earnings is ($6.03) per share.
A number of other brokerages have also commented on SIRI. The Goldman Sachs Group decreased their price objective on shares of Sirius XM from $26.00 to $23.00 and set a “neutral” rating on the stock in a report on Monday, November 4th. Guggenheim reissued a “buy” rating and set a $30.00 price target on shares of Sirius XM in a research note on Wednesday, December 11th. Seaport Res Ptn cut shares of Sirius XM from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Bank of America reaffirmed an “underperform” rating and set a $23.00 price objective on shares of Sirius XM in a report on Thursday, October 24th. Finally, Pivotal Research lowered their target price on Sirius XM from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Six research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Sirius XM has an average rating of “Hold” and a consensus target price of $28.27.
Sirius XM Price Performance
Sirius XM stock opened at $22.64 on Monday. Sirius XM has a 52 week low of $22.18 and a 52 week high of $56.80. The firm has a market cap of $7.68 billion, a P/E ratio of -3.57 and a beta of 1.03. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.37 and a current ratio of 0.37. The business’s fifty day moving average is $26.34 and its two-hundred day moving average is $28.54.
Sirius XM Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Tuesday, November 5th were issued a dividend of $0.27 per share. The ex-dividend date was Tuesday, November 5th. This represents a $1.08 dividend on an annualized basis and a yield of 4.77%. This is a boost from Sirius XM’s previous quarterly dividend of $0.27. Sirius XM’s payout ratio is currently -17.03%.
Insider Buying and Selling at Sirius XM
In other Sirius XM news, major shareholder Berkshire Hathaway Inc bought 869,800 shares of Sirius XM stock in a transaction on Wednesday, October 9th. The shares were purchased at an average cost of $23.55 per share, for a total transaction of $20,483,790.00. Following the completion of the acquisition, the insider now owns 106,024,829 shares in the company, valued at approximately $2,496,884,722.95. The trade was a 0.83 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Over the last 90 days, insiders bought 2,646,761 shares of company stock valued at $65,952,329. Corporate insiders own 0.79% of the company’s stock.
Institutional Investors Weigh In On Sirius XM
Hedge funds have recently modified their holdings of the business. Point72 Asset Management L.P. bought a new stake in Sirius XM in the 2nd quarter valued at $12,858,000. Sessa Capital IM L.P. acquired a new position in shares of Sirius XM during the third quarter worth about $77,983,000. Thompson Siegel & Walmsley LLC bought a new position in shares of Sirius XM during the third quarter worth about $67,598,000. Seizert Capital Partners LLC acquired a new stake in Sirius XM in the 3rd quarter valued at approximately $46,173,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in Sirius XM in the 2nd quarter valued at approximately $5,192,000. Institutional investors and hedge funds own 10.69% of the company’s stock.
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.
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