Sirius XM Holdings Inc. (NASDAQ:SIRI) declared a quarterly dividend on Tuesday, October 3rd, RTT News reports. Stockholders of record on Thursday, November 9th will be paid a dividend of 0.011 per share on Thursday, November 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.79%. This is an increase from Sirius XM Holdings’s previous quarterly dividend of $0.01.

Sirius XM Holdings (SIRI) traded up 1.82% during mid-day trading on Tuesday, hitting $5.60. 17,311,686 shares of the stock were exchanged. The stock has a market capitalization of $25.83 billion, a PE ratio of 32.94 and a beta of 1.07. The company has a 50-day moving average of $5.55 and a 200-day moving average of $5.31. Sirius XM Holdings has a 52 week low of $4.05 and a 52 week high of $5.89.

Sirius XM Holdings (NASDAQ:SIRI) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.04 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.04. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Sirius XM Holdings had a negative return on equity of 99.07% and a net margin of 15.47%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.04 earnings per share. On average, equities analysts predict that Sirius XM Holdings will post $0.18 EPS for the current fiscal year.

A number of brokerages have issued reports on SIRI. Macquarie restated a “buy” rating and set a $6.00 price objective (up from $5.65) on shares of Sirius XM Holdings in a research report on Thursday, July 27th. Zacks Investment Research lowered Sirius XM Holdings from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Vetr upgraded Sirius XM Holdings from a “buy” rating to a “strong-buy” rating and set a $6.06 target price for the company in a report on Monday, July 24th. Royal Bank Of Canada assumed coverage on shares of Sirius XM Holdings in a research note on Friday, September 15th. They issued a “sector perform” rating and a $6.00 target price on the stock. Finally, BidaskClub raised shares of Sirius XM Holdings from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $5.75.

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Sirius XM Holdings Company Profile

Sirius XM Radio Inc broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Subscribers can also receive certain of its music and other channels over the Internet, including through applications for mobile devices.

Dividend History for Sirius XM Holdings (NASDAQ:SIRI)

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