Weibo (WB) Projected to Post Quarterly Earnings on Wednesday

Weibo (NASDAQ:WB - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Wednesday, May 21st. Analysts expect Weibo to post earnings of $0.33 per share and revenue of $394.21 million for the quarter.

Weibo Trading Down 0.4%

Weibo stock traded down $0.03 during mid-day trading on Monday, hitting $8.47. The company's stock had a trading volume of 1,194,239 shares, compared to its average volume of 1,699,408. The business has a 50 day moving average price of $8.73 and a 200-day moving average price of $9.44. Weibo has a 12 month low of $7.03 and a 12 month high of $12.40. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 5.80 and a beta of 0.01. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.57 and a quick ratio of 3.57.

Weibo Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Thursday, May 15th. Shareholders of record on Wednesday, April 9th were given a $0.82 dividend. This represents a dividend yield of 7.77%. The ex-dividend date was Wednesday, April 9th. Weibo's payout ratio is 68.97%.

Hedge Funds Weigh In On Weibo

A hedge fund recently bought a new stake in Weibo stock. AQR Capital Management LLC purchased a new stake in shares of Weibo Co. (NASDAQ:WB - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 12,339 shares of the information services provider's stock, valued at approximately $117,000. Hedge funds and other institutional investors own 68.77% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Weibo from a "buy" rating to a "hold" rating in a research report on Tuesday, May 13th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, Weibo presently has an average rating of "Hold" and an average price target of $9.75.

About Weibo

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform.