Q1 2025 Earnings Estimate for Sirius XM Holdings Inc. (NASDAQ:SIRI) Issued By Seaport Res Ptn

Sirius XM Holdings Inc. (NASDAQ:SIRI) – Research analysts at Seaport Res Ptn cut their Q1 2025 earnings estimates for Sirius XM in a research report issued to clients and investors on Thursday, October 10th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings of $0.68 per share for the quarter, down from their prior estimate of $0.69. The consensus estimate for Sirius XM’s current full-year earnings is $3.25 per share.

Sirius XM (NASDAQ:SIRI) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.20 billion. Sirius XM had a net margin of 14.56% and a negative return on equity of 52.15%.

A number of other equities analysts also recently commented on SIRI. Morgan Stanley reissued an “underweight” rating and set a $23.00 price objective on shares of Sirius XM in a research report on Tuesday, September 24th. Guggenheim raised shares of Sirius XM from a “neutral” rating to a “buy” rating and set a $30.00 price objective on the stock in a research report on Wednesday, September 18th. Benchmark restated a “buy” rating and issued a $43.00 price objective on shares of Sirius XM in a report on Tuesday. StockNews.com started coverage on shares of Sirius XM in a research note on Saturday. They set a “hold” rating for the company. Finally, The Goldman Sachs Group cut their price target on Sirius XM from $32.50 to $26.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 17th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $31.25.

Sirius XM Price Performance

Shares of NASDAQ SIRI opened at $27.08 on Monday. The company has a market cap of $104.17 billion, a price-to-earnings ratio of 82.06, a price-to-earnings-growth ratio of 0.73 and a beta of 1.07. The stock’s 50-day moving average is $27.52 and its two-hundred day moving average is $29.99. Sirius XM has a 1-year low of $22.18 and a 1-year high of $57.80.

Hedge Funds Weigh In On Sirius XM

Several institutional investors have recently bought and sold shares of SIRI. Point72 Asset Management L.P. purchased a new stake in shares of Sirius XM in the second quarter valued at about $12,858,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Sirius XM in the 2nd quarter valued at approximately $5,192,000. SG Americas Securities LLC boosted its stake in shares of Sirius XM by 516.5% in the first quarter. SG Americas Securities LLC now owns 1,601,048 shares of the company’s stock valued at $6,212,000 after buying an additional 1,341,352 shares in the last quarter. Marshall Wace LLP acquired a new position in Sirius XM during the second quarter worth $3,616,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Sirius XM in the second quarter worth $3,238,000. 10.69% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Sirius XM news, major shareholder Berkshire Hathaway Inc bought 1,259,259 shares of the business’s stock in a transaction dated Friday, October 11th. The shares were acquired at an average cost of $24.95 per share, with a total value of $31,418,512.05. Following the acquisition, the insider now directly owns 108,719,088 shares of the company’s stock, valued at $2,712,541,245.60. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In other Sirius XM news, insider Scott Andrew Greenstein sold 144,723 shares of the stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $31.60, for a total transaction of $4,573,246.80. Following the completion of the sale, the insider now directly owns 98,933 shares of the company’s stock, valued at approximately $3,126,282.80. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Berkshire Hathaway Inc bought 1,259,259 shares of the company’s stock in a transaction dated Friday, October 11th. The stock was bought at an average cost of $24.95 per share, for a total transaction of $31,418,512.05. Following the acquisition, the insider now owns 108,719,088 shares of the company’s stock, valued at approximately $2,712,541,245.60. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 0.79% of the stock is currently owned by company insiders.

Sirius XM Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 26th. Investors of record on Friday, August 9th were given a $0.266 dividend. The ex-dividend date was Friday, August 9th. This is a boost from Sirius XM’s previous quarterly dividend of $0.03. This represents a $1.06 dividend on an annualized basis and a dividend yield of 3.93%. Sirius XM’s dividend payout ratio is 321.21%.

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.