Sirius XM (SIRI) Set to Release Quarterly Earnings on Thursday

Sirius XM (NASDAQ:SIRI) is expected to release its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $0.7730 per share and revenue of $2.15 billion for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:00 AM ET.

Sirius XM (NASDAQ:SIRI) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.08). The business had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.14 billion. Sirius XM had a net margin of 10.23% and a return on equity of 9.37%. Sirius XM’s revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.57 EPS. On average, analysts expect Sirius XM to post $2.98 EPS for the current fiscal year and $3.34 EPS for the next fiscal year.

Sirius XM Price Performance

SIRI stock opened at $26.96 on Thursday. The company has a fifty day moving average price of $27.63 and a 200-day moving average price of $27.95. The company has a market capitalization of $9.09 billion, a P/E ratio of 8.76, a PEG ratio of 0.49 and a beta of 0.98. Sirius XM has a 52-week low of $19.76 and a 52-week high of $32.66. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.46 and a current ratio of 0.46.

Sirius XM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Investors of record on Friday, November 6th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $1.08 annualized dividend and a dividend yield of 4.0%. Sirius XM’s payout ratio is currently 43.20%.

Insider Transactions at Sirius XM

In other news, Director Jonelle Procope sold 16,672 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $29.97, for a total value of $499,659.84. Following the transaction, the director owned 18,354 shares in the company, valued at approximately $550,069.38. The trade was a 47.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SIRI. BNP Paribas Exane lowered Sirius XM to a “neutral” rating in a research report on Wednesday, September 2nd. Scotiabank started coverage on Sirius XM in a report on Wednesday, September 2nd. They set an “outperform” rating on the stock. JPMorgan Chase & Co. upped their price target on Sirius XM from $26.00 to $34.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Cantor Fitzgerald assumed coverage on Sirius XM in a research note on Wednesday, September 2nd. They issued an “overweight” rating for the company. Finally, TD Cowen downgraded Sirius XM to a “hold” rating in a research report on Wednesday, September 2nd. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $32.15.

About Sirius XM

Sirius XM Holdings Inc is a media and entertainment company that provides subscription-based audio programming through its SiriusXM service. The company delivers a broad range of commercial-free music, live sports, news, talk and entertainment programming, including exclusive channels, original shows and coverage of major events.

SiriusXM content is distributed primarily through satellite radio and internet streaming. Subscribers can access the service in vehicles, through the SiriusXM mobile app and website, and on supported connected devices.