Barrington Research Forecasts Lower Earnings for Sirius XM

Sirius XM Holdings Inc. (NASDAQ:SIRI) – Research analysts at Barrington Research reduced their FY2026 earnings per share (EPS) estimates for Sirius XM in a report released 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 previous estimate of $3.66. Barrington Research has a “Outperform” rating and a $30.00 price target on the stock. The consensus estimate for Sirius XM’s current full-year earnings is ($6.03) per share.

Several other equities research analysts also recently commented on SIRI. Bank of America reissued an “underperform” rating and issued a $23.00 price objective on shares of Sirius XM in a report on Thursday, October 24th. Seaport Res Ptn cut shares of Sirius XM from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Benchmark restated a “buy” rating and set a $43.00 price objective on shares of Sirius XM in a research note on Tuesday, October 15th. Rosenblatt Securities raised their target price on shares of Sirius XM from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, December 11th. Finally, The Goldman Sachs Group lowered their price target on Sirius XM from $26.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, November 4th. Six research 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 MarketBeat.com, Sirius XM presently has a consensus rating of “Hold” and a consensus target price of $28.27.

Sirius XM Stock Down 2.8 %

SIRI stock opened at $24.11 on Monday. The company has a market cap of $8.18 billion, a price-to-earnings ratio of -3.80 and a beta of 1.03. Sirius XM has a twelve month low of $22.18 and a twelve month high of $57.80. The business has a 50 day moving average price of $26.35 and a two-hundred day moving average price of $28.57. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.93.

Sirius XM Increases Dividend

The company also recently declared 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. This is a boost from Sirius XM’s previous quarterly dividend of $0.27. This represents a $1.08 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend was Tuesday, November 5th. Sirius XM’s dividend payout ratio (DPR) is presently -17.03%.

Insider Activity at Sirius XM

In other Sirius XM news, major shareholder Berkshire Hathaway Inc bought 1,259,259 shares of the firm’s stock in a transaction on Friday, October 11th. The shares were purchased at an average price of $24.95 per share, for a total transaction of $31,418,512.05. Following the transaction, the insider now directly owns 108,719,088 shares in the company, valued at approximately $2,712,541,245.60. This trade represents a 1.17 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders bought 2,646,761 shares of company stock worth $65,952,329 in the last ninety days. 0.79% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sirius XM

A number of large investors have recently added to or reduced their stakes in the stock. Janus Henderson Group PLC acquired a new stake in Sirius XM during the third quarter worth about $2,367,000. Savant Capital LLC acquired a new stake in shares of Sirius XM during the 2nd quarter worth approximately $613,000. FMR LLC increased its stake in Sirius XM by 472.6% in the third quarter. FMR LLC now owns 497,514 shares of the company’s stock valued at $11,766,000 after acquiring an additional 410,621 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Sirius XM during the third quarter valued at approximately $921,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in Sirius XM during the third quarter worth $5,489,000. 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.