Sina Corporation Company Profile (NASDAQ:SINA)

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

Sina Corporation (NASDAQ:SINA) released its quarterly earnings data on Wednesday, August, 9th. The company reported $0.70 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.27. The business had revenue of $358.93 million for the quarter, compared to analyst estimates of $344.23 million. Sina Corporation had a return on equity of 6.58% and a net margin of 18.64%. The business's quarterly revenue was up 47.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.27 EPS. View Sina Corporation's Earnings History.

Sina Corporation is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Sina Corporation.

8 brokers have issued 12 month price targets for Sina Corporation's shares. Their predictions range from $70.67 to $140.00. On average, they expect Sina Corporation's stock price to reach $104.08 in the next twelve months. View Analyst Ratings for Sina Corporation.

Here are some recent quotes from research analysts about Sina Corporation stock:

• 1. According to Zacks Investment Research, "SINA Corp reported second quarter 2017 results wherein both earnings and revenues grew year over year. However, we believe that uncertainty over its advertising business and portal, which is preventing management from providing quarterly guidance, doesn't augur well for investors. Further, we believe that continuing investments in Weibo and other verticals like Internet finance, automobile and sports will hurt profitability, going forward. SINA’s monetization efforts may see regulatory pressure due to restrictions imposed by the Chinese government, which may hurt subscriber growth. The company is also seeing some headwinds in regards to obtaining new media rights for sports in China. Nevertheless, the growing popularity of Weibo and a robust mobile user base in China remain positives for the company." (8/14/2017)
• 2. Jefferies Group LLC analysts commented, "We expect Sina's portal ad revenue to stabilize going into FY17 with the removal of Alibaba-related impact and a more favorable mobile traffic mix towards news app. We continue to see Sina as a value play with net cash and investment representing more than half of currently trading market cap. Maintain Buy; revise up PT by 3% to USD98... Solid 4Q16 results. Non-GAAP revenue came in at USD310.8mn, +22.6% YoY, 2.0%/2.9% above Street/our est. Non-GAAP operating margin was 26.4%, +10.5pcpt YoY, +5.7pcpt QoQ. Non-GAAP net profit grew 94.5% YoY to USD48.2mn, 1.5% above consensus and 7.9% above our est. Management issued FY17 revenue guidance at USD1.30bn-1.44bn, midpoint of which represents 7% above consensus." (3/2/2017)

Sina Corporation saw a increase in short interest in September. As of September 15th, there was short interest totalling 1,020,347 shares, an increase of 32.1% from the August 31st total of 772,424 shares. Based on an average daily trading volume, of 1,386,863 shares, the short-interest ratio is currently 0.7 days. Currently, 1.7% of the shares of the stock are short sold.

Some companies that are related to Sina Corporation include Liberty Media Corporation (LSXMA), Motorola Solutions (MSI), Zte Corp. (ZTCOY), CA (CA), Maxim Integrated Products (MXIM), Mobileye NV (MBLY), Arista Networks (ANET), Palo Alto Networks (PANW), Twitter (TWTR), Advanced Micro Devices (AMD), Synopsys (SNPS), Citrix Systems (CTXS), Square (SQ), NetApp (NTAP), Cadence Design Systems (CDNS), Atlassian Corporation PLC (TEAM), MSCI (MSCI) and VeriSign (VRSN).

Sina Corporation's management team includes the folowing people:

• Charles Guowei Chao CPA, Chairman of the Board, Chief Executive Officer
• Hong Du, President, Chief Operating Officer
• Bonnie Yi Zhang, Chief Financial Officer, Principal Financial and Accounting Officer
• Arthur Jianglei Wei, Senior Vice President
• Bin Zheng, Vice President
• Ter Fung Tsao, Independent Director
• Yan Wang, Independent Director
• Song-yi Zhang, Independent Director
• Yichen Zhang, Independent Director

Sina Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.03%), Eqis Capital Management Inc. (0.02%) and Winslow Evans & Crocker Inc. (0.00%). View Institutional Ownership Trends for Sina Corporation.

Sina Corporation's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V.. View Insider Buying and Selling for Sina Corporation.

Sina Corporation's stock was bought by a variety of institutional investors in the last quarter, including Winslow Evans & Crocker Inc. and Eqis Capital Management Inc.. View Insider Buying and Selling for Sina Corporation.

Shares of Sina Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Sina Corporation stock can currently be purchased for approximately $110.48.