NASDAQ:SINASINA Stock Price, Forecast & News

SINA's stock was trading at $31.86 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SINA shares have increased by 26.3% and is now trading at $40.24.
View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SINA in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for SINA.

SINA is scheduled to release its next quarterly earnings announcement on Monday, August 17th 2020.
View our earnings forecast for SINA.

SINA Corp (NASDAQ:SINA) announced its earnings results on Tuesday, May, 19th. The technology company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.18. The technology company earned $435.10 million during the quarter, compared to analyst estimates of $382.28 million. SINA had a negative return on equity of 0.54% and a negative net margin of 1.00%. The business's revenue was down 8.4% on a year-over-year basis. During the same period last year, the company posted $0.40 EPS.
View SINA's earnings history.

SINA declared that its board has approved a stock repurchase plan on Tuesday, December 31st 2019, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 15.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

6 Wall Street analysts have issued 1 year price objectives for SINA's shares. Their forecasts range from $41.00 to $79.00. On average, they expect SINA's share price to reach $59.00 in the next year. This suggests a possible upside of 46.6% from the stock's current price.
View analysts' price targets for SINA.

Press coverage about SINA stock has trended somewhat positive this week, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. SINA earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about SINA.

SINA saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 2,350,000 shares, an increase of 13.5% from the June 30th total of 2,070,000 shares. Based on an average daily trading volume, of 764,500 shares, the short-interest ratio is currently 3.1 days. Approximately 4.3% of the shares of the company are short sold.
View SINA's Current Options Chain.

Some companies that are related to SINA include Avalara (AVLR), HubSpot (HUBS), UBISOFT ENTMT S/ADR (UBSFY), PTC (PTC), Guidewire Software (GWRE), Dropbox (DBX), Elastic (ESTC), Trend Micro (TMICY), Nuance Communications (NUAN), Paylocity (PCTY), Accolade (NCNO), Bill.com (BILL), Manhattan Associates (MANH), Anaplan (PLAN) and RealPage (RP).
View all 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), Netflix (NFLX), Micron Technology (MU), Bank of America (BAC), JD.Com (JD) and Twitter (TWTR).

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

SINA's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Genesis Investment Management LLP (1.74%), TB Alternative Assets Ltd. (0.56%), Assenagon Asset Management S.A. (0.52%), UBS Group AG (0.25%), First Trust Advisors LP (0.07%) and MERIAN GLOBAL INVESTORS UK Ltd (0.07%).

SINA stock was sold by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP, TB Alternative Assets Ltd., Assenagon Asset Management S.A., SG Americas Securities LLC, and E Fund Management Hong Kong Co. Ltd..

SINA stock was acquired by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, First Trust Advisors LP, Stone Ridge Asset Management LLC, and UBS Group AG.

Shares of SINA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SINA stock can currently be purchased for approximately $40.24.

SINA has a market capitalization of $2.75 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'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]