Sirius XM Holdings Inc (NASDAQ:SIRI) has a beta value of 1.09 and has seen 31.55 million shares traded in the last trading session. The company, currently valued at $14.62B, closed the last trade at $3.80 per share which meant it gained $0.31 on the day or 8.88% during that session. The SIRI stock price is -82.63% off its 52-week high price of $6.94 and 35.53% above the 52-week low of $2.45. If we look at the company’s 10-day average daily trading volume, we find that it stood at 36.75 million shares traded. The 3-month trading volume is 40.10 million shares.
The consensus among analysts is that Sirius XM Holdings Inc (SIRI) is Buy stock at the moment, with a recommendation rating of 2.36. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 9 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.
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Sirius XM Holdings Inc (NASDAQ:SIRI) trade information
Sporting 8.88% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SIRI stock price touched $3.80 or saw a rise of 2.81%. Year-to-date, Sirius XM Holdings Inc shares have moved -30.53%, while the 5-day performance has seen it change -2.06%. Over the past 30 days, the shares of Sirius XM Holdings Inc (NASDAQ:SIRI) have changed 29.69%. Short interest in the company has seen 156.54 million shares shorted with days to cover at 2.92.
Wall Street analysts have a consensus price target for the stock at $4.4, which means that the shares’ value could jump 13.64% from current levels. The projected low price target is $2.9 while the price target rests at a high of $10. In that case, then, we find that the current price level is -163.16% off the targeted high while a plunge would see the stock lose 23.68% from current levels.
Sirius XM Holdings Inc (SIRI) estimates and forecasts
Figures show that Sirius XM Holdings Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -29.89% over the past 6 months, with this year growth rate of -3.13%, compared to 21.50% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 4.66% over the past 5 years. Earnings growth for 2024 is a modest -6.09% while over the next 5 years, the company’s earnings are expected to increase by 7.80%.
SIRI Dividends
Sirius XM Holdings Inc is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.10 at a share yield of 2.74%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.42%.
Sirius XM Holdings Inc (NASDAQ:SIRI)’s Major holders
Investors are also buoyed by the number of investors in a company, with Sirius XM Holdings Inc top two institutional holders are BLACKROCK INC. with over 43.79 million shares worth more than $169.89 million. As of 2024-03-31, BLACKROCK INC. held 1.1403% of shares outstanding.
The other major institutional holder is BERKSHIRE HATHAWAY INC, with the holding of over 36.68 million shares as of 2024-03-31. The firm’s total holdings are worth over $142.33 million and represent 0.9553% of shares outstanding.
