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

Sirius XM (NASDAQ:SIRI) posted its quarterly earnings data on Thursday. The company reported $0.83 EPS for the quarter, beating the consensus estimate 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

Shares of NASDAQ:SIRI traded up $1.51 during trading on Thursday, reaching $23.35. The company had a trading volume of 6,353,046 shares, compared to its average volume of 4,880,752. 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 stock’s fifty day moving average price is $23.72 and its 200 day moving average price is $26.97. Sirius XM has a fifty-two week low of $20.47 and a fifty-two week high of $53.50. The firm has a market capitalization of $7.92 billion, a price-to-earnings ratio of -3.69, a price-to-earnings-growth ratio of 1.11 and a beta of 1.05.

Sirius XM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.08 annualized dividend and a dividend yield of 4.62%. Sirius XM’s dividend payout ratio (DPR) is currently -17.03%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Benchmark restated a “buy” rating and issued a $43.00 price target on shares of Sirius XM in a research note on Tuesday, October 15th. Bank of America reaffirmed an “underperform” rating and issued a $23.00 price target on shares of Sirius XM in a research report on Thursday, October 24th. Seaport Res Ptn lowered shares of Sirius XM from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Pivotal Research decreased their price target on shares of Sirius XM from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Finally, Rosenblatt Securities increased their price objective on shares of Sirius XM from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, December 11th. Six research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Sirius XM currently has a consensus rating of “Hold” and a consensus target price 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.