Sirius XM (NASDAQ:SIRI) Posts Earnings Results, Beats Expectations By $0.20 EPS

Sirius XM (NASDAQ:SIRI) issued its earnings results on Thursday. The company reported $0.83 earnings per share 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

SIRI opened at $23.57 on Friday. The stock has a 50-day moving average of $23.66 and a 200-day moving average of $26.94. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.37 and a current ratio of 0.37. Sirius XM has a 52-week low of $20.47 and a 52-week high of $53.50. The company has a market cap of $8.00 billion, a PE ratio of -3.74, a price-to-earnings-growth ratio of 1.11 and a beta of 1.05.

Sirius XM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.58%. The ex-dividend date is Friday, February 7th. Sirius XM’s payout ratio is -17.03%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Barrington Research reaffirmed an “outperform” rating and set a $30.00 target price on shares of Sirius XM in a research report on Thursday. The Goldman Sachs Group decreased their target price on shares of Sirius XM from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Monday, November 4th. Benchmark restated a “buy” rating and issued a $43.00 price target on shares of Sirius XM in a research report on Tuesday, October 15th. Morgan Stanley cut their target price on shares of Sirius XM from $23.00 to $21.00 and set an “underweight” rating on the stock in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. raised their target price on Sirius XM from $20.00 to $21.00 and gave the stock an “underweight” rating in a research report on Thursday, November 7th. Six investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $27.35.

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.