Now Is The Time To Build A Position In Sirius XM Holdings Inc (NASDAQ:SIRI)

Sirius XM Holdings Inc (NASDAQ:SIRI)’s traded shares stood at 11.53 million during the last session, with the company’s beta value hitting 1.08. At the close of trading, the stock’s price was $3.06, to imply a decrease of -1.29% or -$0.04 in intraday trading. The SIRI share’s 52-week high remains $7.95, putting it -159.8% down since that peak but still an impressive -0.65% since price per share fell to its 52-week low of $3.08. The company has a valuation of $11.77B, with an average of 15.37 million shares over the past 3 months.

Sirius XM Holdings Inc (NASDAQ:SIRI) trade information

After registering a -1.29% downside in the last session, Sirius XM Holdings Inc (SIRI) has traded red over the past five days. The stock hit a weekly high of 3.34, dropping -1.29% in its intraday price action. The 5-day price performance for the stock is -8.38%, and -23.31% over 30 days. With these gigs, the year-to-date price performance is -44.06%.

Sirius XM Holdings Inc (SIRI) estimates and forecasts

Looking at statistics comparing Sirius XM Holdings Inc share performance against respective industry, we note that the company has underperformed competitors. Sirius XM Holdings Inc (SIRI) shares are -35.17% down over the last 6 months, with its year-to-date growth rate lower than industry average at -9.38% against 25.30%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 4.66% for the past 5-year period. While 2024 is set for a -6.85% return in earnings, projections for the next 5 years are at 7.80% annually.

SIRI Dividends

Sirius XM Holdings Inc has its next earnings report out on April 30. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Sirius XM Holdings Inc has a forward dividend ratio of 0.10, with the share yield ticking at 3.32% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.