SINA Stock Forecast, Price & News

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SINA Co. (NASDAQ:SINA) released its quarterly earnings results on Saturday, October, 3rd. The technology company reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.11. The technology company had revenue of $507.70 million for the quarter, compared to the consensus estimate of $491.19 million. SINA had a negative net margin of 4.67% and a negative trailing twelve-month return on equity of 2.53%. SINA's revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.76 EPS.
View SINA's earnings history.

SINA announced that its board has authorized a share buyback plan on Tuesday, December 31st 2019, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 15.8% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

18 employees have rated SINA CEO Charles Chao on Glassdoor.com. Charles Chao has an approval rating of 92% among SINA's employees. This puts Charles Chao in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to SINA include Asana (ASAN), Temenos (TMNSF), Tuya (TUYA), Lightspeed POS (LSPD), Full Truck Alliance (YMM), Paylocity (PCTY), Manhattan Associates (MANH), Global-e Online (GLBE), Confluent (CFLT), Guidewire Software (GWRE), Smartsheet (SMAR), Konami (KNMCY), Appian (APPN), Anaplan (PLAN) and Ubisoft Entertainment (UBSFY).
View all of SINA's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other SINA investors own include Alibaba Group (BABA), Weibo (WB), Tesla (TSLA), NVIDIA (NVDA), Baidu (BIDU), Micron Technology (MU), Netflix (NFLX), Bank of America (BAC), JD.com (JD) and The Walt Disney (DIS).

SINA trades on the NASDAQ under the ticker symbol "SINA."

One share of SINA stock can currently be purchased for approximately $43.26.

SINA has a market capitalization of $2.96 billion and generates $2.16 billion in revenue each year. The technology company earns $-70,540,000.00 in net income (profit) each year or ($1.03) on an earnings per share basis.

SINA employs 8,300 workers across the globe.

The official website for SINA is www.sina.com.

SINA is headquartered at No.8 SINA Plaza Courtyard 10 the west Xibeiwang E. Road, Beijing F4, 100193.

SINA's mailing address is No.8 SINA Plaza Courtyard 10 the west Xibeiwang E. Road, Beijing F4, 100193. The technology company can be reached via phone at 86-10-8262-8888 or via email at [email protected]