Barrington Research Reduces Earnings Estimates for Sirius XM

Sirius XM Holdings Inc. (NASDAQ:SIRI) – Research analysts at Barrington Research cut their FY2026 earnings estimates for Sirius XM in a note issued to investors on Friday, December 13th. Barrington Research analyst J. Goss now forecasts that the company will post earnings of $3.29 per share for the year, down from their prior estimate of $3.66. Barrington Research currently 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.

A number of other equities research analysts also recently weighed in on the company. Rosenblatt Securities boosted their target price on Sirius XM from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 11th. Benchmark restated a “buy” rating and set a $43.00 target price on shares of Sirius XM in a research report on Tuesday, October 15th. 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 dropped 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, Bank of America reaffirmed an “underperform” rating and issued 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 issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $28.27.

Sirius XM Stock Performance

SIRI stock opened at $24.11 on Monday. The stock has a market capitalization of $8.18 billion, a PE ratio of -3.80 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 has a 50 day moving average price of $26.35 and a 200 day moving average price of $28.57. Sirius XM has a fifty-two week low of $22.18 and a fifty-two week high of $57.80.

Sirius XM Increases Dividend

The firm 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. The ex-dividend date of this dividend was Tuesday, November 5th. This is a positive change from Sirius XM’s previous quarterly dividend of $0.27. This represents a $1.08 annualized dividend and a yield of 4.48%. Sirius XM’s payout ratio is currently -17.03%.

Insider Buying and Selling at Sirius XM

In related news, major shareholder Berkshire Hathaway Inc purchased 175,569 shares of the business’s stock in a transaction on Friday, October 18th. The shares were purchased at an average price of $27.43 per share, with a total value of $4,815,857.67. Following the completion of the purchase, the insider now owns 110,276,790 shares in the company, valued at $3,024,892,349.70. This represents a 0.16 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders acquired 2,646,761 shares of company stock valued at $65,952,329. Company insiders own 0.79% of the company’s stock.

Institutional Investors Weigh In On Sirius XM

A number of hedge funds and other institutional investors have recently made changes to their positions in SIRI. Point72 Asset Management L.P. bought a new position in Sirius XM during the 2nd quarter worth about $12,858,000. Dimensional Fund Advisors LP grew its holdings in shares of Sirius XM by 8.9% during the second quarter. Dimensional Fund Advisors LP now owns 4,333,792 shares of the company’s stock worth $12,260,000 after buying an additional 353,860 shares in the last quarter. AQR Capital Management LLC raised its position in Sirius XM by 14.5% in the 2nd quarter. AQR Capital Management LLC now owns 3,866,444 shares of the company’s stock valued at $10,807,000 after buying an additional 490,761 shares during the last quarter. Sessa Capital IM L.P. bought a new stake in Sirius XM in the 3rd quarter valued at approximately $77,983,000. Finally, Thompson Siegel & Walmsley LLC acquired a new position in Sirius XM during the 3rd quarter worth approximately $67,598,000. 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.