Sirius XM (SIRI) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power of a ...

Sirius XM (SIRI) is set to report third-quarter 2024 earnings on Oct. 31.The Zacks Consensus Estimate for third-quarter earnings has moved south by 2.4% to 80 cents per share in the past 30 days. Image Source: Zacks Investment ResearchThe consensus mark for revenues is pegged at $2.19 billion, indicating a 3.52% decrease from the year-ago quarter’s reported figure.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.On Sept. 10, SiriusXM started operating as an independent public company w ...

The upcoming report from Sirius XM (SIRI) is expected to reveal quarterly earnings of $0.80 per share, indicating a decline of 11.1% compared to the year-ago period. Analysts forecast revenues of $2.19 billion, representing a decrease of 3.5% year over year. The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Be ...

The investment giant is buying up a ton of the company.Berkshire Hathaway has made some big moves with Sirius XM (SIRI -0.49%) this month. The investing conglomerate led by Warren Buffett has increased its position in the audio and entertainment platform to 32%, worth around $3 billion as of this writing. This buying occurred in conjunction with Sirius XM combining all of its tracking stocks into one entity.The company has struggled with the rise of streaming audio services, with the stock posting a negativ ...

Berkshire Hathaway has a growing stake in this stock-split stock, and Buffett just added more this month. Those looking to become successful investors could do worse than following in the footsteps of legendary Berkshire Hathaway (BRK.A) (BRK.B -0.82%) CEO Warren Buffett, arguably one of the greatest investors of all time. Since taking the helm of the company in 1965, Buffett has an unparalleled track record, as his stock picks have generated compounded annual gains of roughly 20% and collectively soared 4, ...

In the latest trading session, Sirius XM (SIRI) closed at $26.40, marking a -0.49% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.03%. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq gained 0.56%. Heading into today, shares of the satellite radio company had gained 8.95% over the past month, outpacing the Consumer Discretionary sector's gain of 0.88% and the S&P 500's gain of 1.39% in that time. The investment community will be paying close atten ...

This media standout is doing more than just boosting its payout.Sirius XM Holdings (SIRI) increasing its quarterly distribution rate on Monday seems like a non-event, on the surface. A hike itself isn't a surprise. The satellite radio provider has always boosted its payout at this point of the year since initiating a dividend policy in late 2016.It's also not much of a move. The new quarterly rate of $0.27 a share is just a 1.5% advance. It's certainly welcome to see a dividend move higher at a time when in ...

NEW YORK, Oct. 22, 2024 /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) today announced that its Board of Directors declared a quarterly cash dividend of $0.27 per share of common stock. This regular quarterly dividend is payable in cash on November 21, 2024, to stockholders of record at the close of business on November 5, 2024.About Sirius XM Holdings Inc.SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment serv ...

Group 1 - The account is managed by Noah's Arc Capital Management, focusing on 20th-century stocks undergoing transformation in the 21st century [1] - The research aims to identify innovations in business models that could lead to significant stock changes [1] - The article is authored by contributors Thomas Potter and Elijah Buell, indicating a collaborative effort in the analysis [1] Group 2 - Noah Cox serves as the managing partner of Noah's Arc Capital Management, providing insights that may not necessarily reflect the firm's overall views [2] - The content is intended solely for informational purposes and does not constitute investment advice [2] - The article emphasizes that past performance is not indicative of future results, highlighting the inherent risks in investment [2]

Warren Buffett’s Berkshire Hathaway has made a significant move, scooping up more shares of Sirius XM (NASDAQ: SIRI). As of October 18, 2024, Berkshire has acquired an additional $42.1 million worth of Sirius XM shares, bringing the total amount of shares bought in the last 10 days to roughly $129 million. This latest round of purchasing brings Berkshire’s total stake to an impressive 32.5% of Sirius XM’s outstanding shares. Warren Buffett and Berkshire Hathaway $BRK.B now own ~32.5% of Sirius XM $SIRI pic. ...