NASDAQ:SINA - SINA Stock Price, Forecast & News

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

SINA Corp (NASDAQ:SINA) issued its earnings results on Thursday, November, 14th. The technology company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.59 by $0.35. The technology company earned $561.45 million during the quarter, compared to analysts' expectations of $557.76 million. SINA had a net margin of 5.66% and a return on equity of 3.08%. The business's revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.93 EPS. View SINA's Earnings History.

SINA is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for SINA.

9 analysts have issued 1 year price objectives for SINA's shares. Their forecasts range from $38.00 to $108.00. On average, they anticipate SINA's share price to reach $61.07 in the next year. This suggests a possible upside of 69.6% from the stock's current price. View Analyst Price Targets for SINA.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SINA in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SINA.

Press coverage about SINA stock has been trending very positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 4.0 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for SINA.

SINA saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,330,000 shares, an increase of 24.3% from the October 31st total of 1,070,000 shares. Based on an average daily trading volume, of 807,900 shares, the days-to-cover ratio is presently 1.6 days. Approximately 2.3% of the company's stock are sold short. View SINA's Current Options Chain.

Some companies that are related to SINA include Guidewire Software (GWRE), Coupa Software (COUP), Black Knight (BKI), Ceridian HCM (CDAY), PTC (PTC), Mongodb (MDB), Trend Micro (TMICY), Momo (MOMO), Dropbox (DBX), Alteryx (AYX), UBISOFT ENTMT S/ADR (UBSFY), Anaplan (PLAN), Dynatrace (DT), Nutanix (NTNX) and HubSpot (HUBS).

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

SINA's stock is owned by many different of retail and institutional investors. Top institutional investors include Genesis Investment Management LLP (4.32%), State Street Corp (1.77%), TB Alternative Assets Ltd. (0.82%), Pictet Asset Management Ltd. (0.41%), Matthews International Capital Management LLC (0.35%) and Millennium Management LLC (0.31%).

SINA stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Pictet Asset Management Ltd., Russell Investments Group Ltd., State Street Corp, Stifel Financial Corp, SG Americas Securities LLC, Penserra Capital Management LLC and River & Mercantile Asset Management LLP.

SINA stock was purchased by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP, TB Alternative Assets Ltd., Millennium Management LLC, California Public Employees Retirement System, Commerzbank Aktiengesellschaft FI, Matthews International Capital Management LLC, Squarepoint Ops LLC and Andra AP fonden.

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 $36.01.

SINA has a market capitalization of $2.57 billion and generates $2.11 billion in revenue each year. The technology company earns $125.56 million in net income (profit) each year or $1.70 on an earnings per share basis. SINA employs 9,207 workers across the globe.View Additional Information About SINA.

The official website for SINA is http://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]