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Sirius XM (SIRI) Exceeds Market Returns: Some Facts to Consider
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In the latest trading session, Sirius XM (SIRI - Free Report) closed at $27.15, marking a +2.41% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.33% for the day. At the same time, the Dow added 1.08%, and the tech-heavy Nasdaq gained 0.08%.
The satellite radio company's shares have seen a decrease of 7.18% over the last month, not keeping up with the Consumer Discretionary sector's loss of 3.52% and the S&P 500's gain of 1.41%.
Investors will be eagerly watching for the performance of Sirius XM in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2026. In that report, analysts expect Sirius XM to post earnings of $0.76 per share. This would mark a year-over-year decline of 9.52%. Our most recent consensus estimate is calling for quarterly revenue of $2.16 billion, up 0.05% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.98 per share and a revenue of $8.6 billion, signifying shifts of -6.58% and +0.51%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Sirius XM. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.63% lower. As of now, Sirius XM holds a Zacks Rank of #3 (Hold).
Digging into valuation, Sirius XM currently has a Forward P/E ratio of 8.89. This signifies a discount in comparison to the average Forward P/E of 9.3 for its industry.
We can also see that SIRI currently has a PEG ratio of 0.48. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Broadcast Radio and Television industry held an average PEG ratio of 0.88.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 65, putting it in the top 27% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Sirius XM (SIRI) Exceeds Market Returns: Some Facts to Consider
In the latest trading session, Sirius XM (SIRI - Free Report) closed at $27.15, marking a +2.41% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.33% for the day. At the same time, the Dow added 1.08%, and the tech-heavy Nasdaq gained 0.08%.
The satellite radio company's shares have seen a decrease of 7.18% over the last month, not keeping up with the Consumer Discretionary sector's loss of 3.52% and the S&P 500's gain of 1.41%.
Investors will be eagerly watching for the performance of Sirius XM in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2026. In that report, analysts expect Sirius XM to post earnings of $0.76 per share. This would mark a year-over-year decline of 9.52%. Our most recent consensus estimate is calling for quarterly revenue of $2.16 billion, up 0.05% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.98 per share and a revenue of $8.6 billion, signifying shifts of -6.58% and +0.51%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Sirius XM. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.63% lower. As of now, Sirius XM holds a Zacks Rank of #3 (Hold).
Digging into valuation, Sirius XM currently has a Forward P/E ratio of 8.89. This signifies a discount in comparison to the average Forward P/E of 9.3 for its industry.
We can also see that SIRI currently has a PEG ratio of 0.48. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Broadcast Radio and Television industry held an average PEG ratio of 0.88.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 65, putting it in the top 27% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.