Sirius XM (SIRI) to Release Earnings on Thursday

Sirius XM (NASDAQ:SIRI) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.70 per share and revenue of $2.09 billion for the quarter. Sirius XM has set its FY 2025 guidance at EPS.

Sirius XM (NASDAQ:SIRI) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.20. Sirius XM had a positive return on equity of 13.44% and a negative net margin of 24.03%. 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 Trading Up 3.5 %

Sirius XM stock opened at $21.03 on Thursday. The stock has a 50-day moving average price of $22.61 and a 200 day moving average price of $24.04. Sirius XM has a 52 week low of $18.69 and a 52 week high of $41.60. The stock has a market cap of $7.12 billion, a PE ratio of -3.28, a P/E/G ratio of 0.79 and a beta of 0.98. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.93.

Sirius XM Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Friday, May 9th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.14%. Sirius XM’s dividend payout ratio (DPR) is presently -16.85%.

Institutional Investors Weigh In On Sirius XM

An institutional investor recently bought a new position in Sirius XM stock. Brighton Jones LLC purchased a new stake in Sirius XM Holdings Inc. (NASDAQ:SIRI) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 27,277 shares of the company’s stock, valued at approximately $622,000. Hedge funds and other institutional investors own 10.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SIRI. Rosenblatt Securities decreased their target price on shares of Sirius XM from $29.00 to $24.00 and set a “neutral” rating on the stock in a research report on Monday, February 3rd. Seaport Res Ptn upgraded Sirius XM from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 8th. Barrington Research set a $28.00 target price on Sirius XM in a research note on Friday, January 31st. Morgan Stanley reduced their target price on Sirius XM from $23.00 to $21.00 and set an “underweight” rating on the stock in a research report on Thursday, January 23rd. Finally, Guggenheim dropped their price objective on shares of Sirius XM from $30.00 to $29.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. Six research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $26.81.

About Sirius XM

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.