JOYY (YY) Expected to Announce Earnings on Tuesday

JOYY (NASDAQ:YY - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 27th. Analysts expect JOYY to post earnings of $1.22 per share and revenue of $67.21 million for the quarter.

JOYY Trading Down 1.0%

Shares of YY stock opened at $42.20 on Tuesday. JOYY has a twelve month low of $27.88 and a twelve month high of $55.31. The company has a market capitalization of $2.27 billion, a PE ratio of 12.75 and a beta of 0.21. The firm has a fifty day simple moving average of $41.76 and a 200-day simple moving average of $41.84.

JOYY Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th were issued a dividend of $0.93 per share. This is a positive change from JOYY's previous quarterly dividend of $0.20. This represents a $3.72 annualized dividend and a yield of 8.82%. The ex-dividend date was Thursday, April 17th. JOYY's dividend payout ratio (DPR) is currently -120.00%.

Analyst Ratings Changes

Several research analysts have weighed in on YY shares. Benchmark raised shares of JOYY from a "hold" rating to a "buy" rating in a report on Tuesday, February 25th. StockNews.com initiated coverage on shares of JOYY in a report on Monday. They set a "hold" rating for the company.

Institutional Trading of JOYY

A hedge fund recently raised its stake in JOYY stock. Royal Bank of Canada boosted its position in JOYY Inc. (NASDAQ:YY - Free Report) by 25.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 46,843 shares of the information services provider's stock after purchasing an additional 9,543 shares during the quarter. Royal Bank of Canada owned about 0.09% of JOYY worth $1,966,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 36.83% of the company's stock.

JOYY Company Profile

JOYY Inc, together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores.

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