NetEase (NTES) to Release Quarterly Earnings on Thursday

NetEase (NASDAQ:NTES - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 15th. Analysts expect NetEase to post earnings of $2.03 per share and revenue of $28.39 billion for the quarter.

NetEase (NASDAQ:NTES - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The technology company reported $1.87 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.14. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $27.16 billion. NetEase had a return on equity of 22.12% and a net margin of 28.17%. On average, analysts expect NetEase to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

NetEase Stock Down 2.3 %

NTES stock opened at $106.50 on Thursday. The company has a market cap of $67.48 billion, a P/E ratio of 16.72, a price-to-earnings-growth ratio of 3.37 and a beta of 0.66. NetEase has a twelve month low of $75.85 and a twelve month high of $110.66. The business's fifty day moving average is $101.45 and its 200-day moving average is $95.66.

NetEase Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were given a dividend of $0.435 per share. The ex-dividend date was Thursday, March 6th. This represents a $1.74 annualized dividend and a dividend yield of 1.63%. NetEase's dividend payout ratio is currently 76.45%.

Institutional Trading of NetEase

An institutional investor recently raised its position in NetEase stock. Brighton Jones LLC lifted its holdings in shares of NetEase, Inc. (NASDAQ:NTES - Free Report) by 1.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,297 shares of the technology company's stock after purchasing an additional 117 shares during the period. Brighton Jones LLC's holdings in NetEase were worth $919,000 as of its most recent filing with the SEC. 11.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

NTES has been the topic of several research analyst reports. Morgan Stanley increased their price target on shares of NetEase from $108.00 to $117.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Benchmark increased their price target on NetEase from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Bank of America lifted their price objective on NetEase from $120.00 to $122.00 and gave the company a "buy" rating in a report on Wednesday, January 15th. Finally, Barclays raised their price target on NetEase from $82.00 to $104.00 and gave the stock an "equal weight" rating in a research report on Monday, February 24th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $112.67.

About NetEase

NetEase, Inc engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments.

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