Sirius XM Holdings Inc. (NASDAQ:SIRI – Free Report) – Investment analysts at Barrington Research decreased their FY2026 earnings estimates for shares of Sirius XM in a report issued on Friday, December 13th. Barrington Research analyst J. Goss now forecasts that the company will earn $3.29 per share for the year, down from their prior estimate of $3.66. Barrington Research has a “Outperform” rating and a $30.00 price objective on the stock. The consensus estimate for Sirius XM’s current full-year earnings is ($6.03) per share.
Several other analysts have also recently commented on the stock. Pivotal Research dropped their target price on shares of Sirius XM from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Benchmark reiterated a “buy” rating and issued a $43.00 price objective on shares of Sirius XM in a report on Tuesday, October 15th. The Goldman Sachs Group reduced their target price on Sirius XM from $26.00 to $23.00 and set a “neutral” rating on the stock in a report on Monday, November 4th. JPMorgan Chase & Co. upped their price target on Sirius XM from $20.00 to $21.00 and gave the company an “underweight” rating in a research note on Thursday, November 7th. Finally, Bank of America reissued an “underperform” rating and set a $23.00 price objective on shares of Sirius XM in a research note on Thursday, October 24th. Six analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Sirius XM has a consensus rating of “Hold” and an average target price of $28.27.
Sirius XM Trading Down 1.3 %
Shares of NASDAQ SIRI opened at $22.34 on Monday. Sirius XM has a fifty-two week low of $21.79 and a fifty-two week high of $56.80. The firm has a market capitalization of $7.58 billion, a P/E ratio of -3.52 and a beta of 1.03. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.37 and a quick ratio of 0.37. The company’s 50 day simple moving average is $26.32 and its 200 day simple moving average is $28.49.
Sirius XM Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Tuesday, November 5th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 4.83%. The ex-dividend date was Tuesday, November 5th. This is a boost from Sirius XM’s previous quarterly dividend of $0.27. Sirius XM’s dividend payout ratio is -17.03%.
Insiders Place Their Bets
In other Sirius XM news, major shareholder Berkshire Hathaway Inc acquired 175,569 shares of the business’s stock in a transaction dated Friday, October 18th. The shares were acquired at an average price of $27.43 per share, with a total value of $4,815,857.67. Following the completion of the transaction, the insider now directly owns 110,276,790 shares in the company, valued at $3,024,892,349.70. This trade represents a 0.16 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders bought 2,646,761 shares of company stock worth $65,952,329. Corporate insiders own 0.79% of the company’s stock.
Institutional Investors Weigh In On Sirius XM
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. bought a new position in shares of Sirius XM in the 2nd quarter valued at about $12,858,000. Sessa Capital IM L.P. bought a new position in Sirius XM in the third quarter valued at approximately $77,983,000. Thompson Siegel & Walmsley LLC acquired a new position in shares of Sirius XM during the 3rd quarter worth approximately $67,598,000. Seizert Capital Partners LLC bought a new stake in shares of Sirius XM during the 3rd quarter worth approximately $46,173,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Sirius XM during the 2nd quarter worth approximately $5,192,000. 10.69% of the stock is currently owned by institutional investors and hedge funds.
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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