Sirius XM Holdings Inc. (SIRI)
Sirius XM (SIRI) Expands in North America With New Studio
Sirius XM (SIRI) expands in North America with a new state-of-the-art broadcast studio in Las Vegas, which is located inside Wynn Las Vegas.
3 Buyable Berkshire Dividend Dogs From May, Plus 6 To Watch
This Berkshire/Buffett holdings list from Kiplinger first appeared 5/16/24 on the Berkshire Hathaway SEC Form-13F. Kiplinger, YCharts, and Dogs-Of-The-Dow all track this Berkshire batch. Here is your 5/28/24 update from YCharts data. 25 of 41 current Berkshire-owned-stocks pay dividends. As of 5/28/24 the top-ten ranged 2.22%-4.57% by annual yield and 36 of 41 ranged 0.51% to 69.04% by broker-estimated target-price-upsides. Analyst-estimated top-ten net gains from Berkshire's May divi-dogs ranged 13.56%-50.69% from TMUS, AON, OXY, MA, LEN, ALLY, DEO, CVX, KHC, and SIRI per YCharts.
Why Is Sirius XM (SIRI) Down 10.2% Since Last Earnings Report?
Sirius XM (SIRI) reported earnings 30 days ago. What's next for the stock?
Sirius XM Holdings Inc. (SIRI) J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference (Transcript)
Sirius XM Holdings Inc. (NASDAQ:SIRI ) J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference May 21, 2024 10:50 AM ET Company Participants Jennifer Witz - CEO Conference Call Participants Sebastiano Petti - J.P.
Natixis Advisors L.P. Invests $271,000 in Sirius XM Holdings Inc. (NASDAQ:SIRI)
Natixis Advisors L.P. bought a new position in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 49,578 shares of the company’s stock, valued at approximately $271,000. A number of other institutional investors also recently modified their holdings of the company. Truvestments Capital LLC bought a new stake in Sirius XM during the third quarter worth $27,000. BKM Wealth Management LLC bought a new stake in Sirius XM during the fourth quarter worth $27,000. Fidelis Capital Partners LLC bought a new stake in Sirius XM during the third quarter worth $47,000. Garden State Investment Advisory Services LLC bought a new stake in Sirius XM during the third quarter worth $47,000. Finally, ORG Partners LLC bought a new stake in Sirius XM during the fourth quarter worth $49,000. 10.69% of the stock is owned by institutional investors and hedge funds. Sirius XM Trading Down 1.3 % Shares of Sirius XM stock opened at $3.01 on Monday. The firm has a market capitalization of $11.58 billion, a PE ratio of 9.12, a price-to-earnings-growth ratio of 0.98 and a beta of 1.10. The business’s 50-day moving average price is $3.44 and its 200-day moving average price is $4.45. Sirius XM Holdings Inc. has a 12 month low of $2.92 and a 12 month high of $7.95. Sirius XM (NASDAQ:SIRI – Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.06 by $0.01. The firm had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.13 billion. Sirius XM had a negative return on equity of 47.17% and a net margin of 14.38%. The company’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the company earned $0.06 EPS. As a group, analysts predict that Sirius XM Holdings Inc. will post 0.31 earnings per share for the current fiscal year. Sirius XM Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 29th. Investors of record on Friday, May 10th will be given a dividend of $0.0266 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.11 annualized dividend and a yield of 3.53%. Sirius XM’s payout ratio is 33.33%. Wall Street Analysts Forecast Growth Several brokerages recently issued reports on SIRI. Benchmark decreased their price target on Sirius XM from $7.00 to $6.50 and set a “buy” rating for the company in a report on Wednesday, March 27th. StockNews.com began coverage on Sirius XM in a research note on Wednesday, May 15th. They issued a “hold” rating for the company. The Goldman Sachs Group upgraded Sirius XM from a “sell” rating to a “neutral” rating and reduced their price objective for the company from $3.50 to $3.25 in a research note on Wednesday, May 1st. Wells Fargo & Company reduced their price objective on Sirius XM from $3.00 to $2.50 and set an “underweight” rating for the company in a research note on Wednesday, May 1st. Finally, Rosenblatt Securities reduced their price objective on Sirius XM from $4.50 to $3.40 and set a “neutral” rating for the company in a research note on Wednesday, May 1st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Sirius XM presently has a consensus rating of “Hold” and a consensus price target of $4.42. Check Out Our Latest Stock Report on SIRI Sirius XM Company Profile (Free Report) 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.
How Much Will Sirius XM Pay Out in Dividends This Year?
Sirius XM should spend $409 million on dividend payouts in 2024. Historically, the company would be expected to raise the payout in November.
