News articles about Sirius XM (NASDAQ:SIRI) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sirius XM earned a news impact score of 0.12 on Accern’s scale. Accern also gave media stories about the company an impact score of 44.5238372824326 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

Sirius XM (NASDAQ SIRI) traded up $0.04 on Friday, hitting $5.54. The stock had a trading volume of 22,300,267 shares, compared to its average volume of 21,554,408. The company has a market capitalization of $25,280.00, a PE ratio of 30.17, a PEG ratio of 1.74 and a beta of 1.13. The company has a debt-to-equity ratio of -6.41, a quick ratio of 0.18 and a current ratio of 0.19. Sirius XM has a 52 week low of $4.22 and a 52 week high of $5.89.

Sirius XM (NASDAQ:SIRI) last released its quarterly earnings results on Wednesday, October 25th. The company reported $0.06 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.02. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Sirius XM had a negative return on equity of 93.51% and a net margin of 16.71%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.04 earnings per share. equities analysts forecast that Sirius XM will post 0.19 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th were issued a dividend of $0.011 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend was Wednesday, November 8th. This is a boost from Sirius XM’s previous quarterly dividend of $0.01. Sirius XM’s payout ratio is 22.22%.

Several brokerages have recently commented on SIRI. Gabelli increased their price target on shares of Sirius XM from $4.75 to $6.10 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Zacks Investment Research raised shares of Sirius XM from a “hold” rating to a “buy” rating and set a $6.00 target price on the stock in a report on Thursday, November 2nd. Royal Bank Of Canada assumed coverage on shares of Sirius XM in a report on Friday, September 15th. They issued a “sector perform” rating and a $6.00 target price on the stock. BidaskClub raised shares of Sirius XM from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 3rd. Finally, Piper Jaffray Companies set a $7.00 target price on shares of Sirius XM and gave the stock a “buy” rating in a report on Wednesday, October 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $6.01.

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Sirius XM 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.

Insider Buying and Selling by Quarter for Sirius XM (NASDAQ:SIRI)

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