Headlines about Sirius XM (NASDAQ:SIRI) have been trending somewhat positive on Sunday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sirius XM earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.1298343496929 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news articles that may have impacted Accern’s rankings:

Sirius XM (NASDAQ SIRI) traded down $0.29 during mid-day trading on Friday, hitting $5.37. 95,377,357 shares of the stock traded hands, compared to its average volume of 14,885,699. The stock has a market cap of $24,679.55, a P/E ratio of 29.83, a P/E/G ratio of 1.72 and a beta of 1.12. The company has a debt-to-equity ratio of -6.41, a current ratio of 0.19 and a quick ratio of 0.18. Sirius XM has a fifty-two week low of $4.40 and a fifty-two week high of $5.89.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 9th were issued a dividend of $0.011 per share. The ex-dividend date was Wednesday, November 8th. This is an increase from Sirius XM’s previous quarterly dividend of $0.01. This represents a $0.04 dividend on an annualized basis and a yield of 0.82%. Sirius XM’s dividend payout ratio is 22.22%.

Several analysts have weighed in on SIRI shares. KeyCorp reissued a “hold” rating on shares of Sirius XM in a research report on Friday, August 25th. Royal Bank of Canada started coverage on shares of Sirius XM in a research report on Friday, September 15th. They set a “sector perform” rating and a $6.00 target price on the stock. Zacks Investment Research downgraded shares of Sirius XM from a “hold” rating to a “sell” rating in a report on Tuesday, September 19th. Bank of America set a $7.00 price objective on shares of Sirius XM and gave the company a “buy” rating in a report on Thursday, October 12th. Finally, Piper Jaffray Companies set a $7.00 price objective on shares of Sirius XM and gave the company a “buy” rating in a report on Wednesday, October 11th. One analyst has rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $6.01.

In related news, CEO James E. Meyer sold 172,704 shares of the stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $5.68, for a total transaction of $980,958.72. Following the sale, the chief executive officer now directly owns 3,377,085 shares of the company’s stock, valued at $19,181,842.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Patrick L. Donnelly sold 1,374,479 shares of the stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $5.70, for a total transaction of $7,834,530.30. Following the sale, the executive vice president now directly owns 227,430 shares in the company, valued at $1,296,351. The disclosure for this sale can be found here. Corporate insiders own 1.06% of the company’s stock.

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About Sirius XM

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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