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NASDAQ:SINASINA Stock Price, Forecast & News

$40.40
+0.20 (+0.50 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$40.00
Now: $40.40
$40.50
50-Day Range
$30.04
MA: $34.47
$40.54
52-Week Range
$26.04
Now: $40.40
$46.85
Volume531,100 shs
Average Volume760,105 shs
Market Capitalization$2.77 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.15
SINA Corporation, through its subsidiaries, operates as an online media company in the People's Republic of China. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; business news coverage and personal finance columns; sporting events news; automobile-related news; entertainment news and events; technology updates; interactive video products, such as news, sports, and entertainment; and education, digital, fashion, luxury, health, collectibles, travel, and other interest-based channels. The company also offers SINA mobile, a mobile portal, which provides news information and entertainment content from SINA.com for mobile users in mobile browser and application format. In addition, it operates Weibo.com that offers discovery products to help users discover content; self-expression products to enable users to express themselves on Weibo platform; social products to promote social interaction between users on Weibo platform; advertising and marketing solutions; and tools and services. Further, the company offers online payment, online loan facilitation, games, VIP membership, and data licensing services. Additionally, it provides mobile value added services, which allow users to receive news and information, download ring tones, mobile games and pictures, customize caller ring back tones, and participate in dating and friendship communities. SINA Corporation was founded in 1997 and is headquartered in Beijing, the People's Republic of China.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.89 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:SINA
CUSIPN/A
Phone86-10-8262-8888

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.16 billion
Book Value$56.04 per share

Profitability

Net Income$-70,540,000.00

Miscellaneous

Employees8,300
Market Cap$2.77 billion
Next Earnings Date8/17/2020 (Estimated)
OptionableOptionable

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SINA (NASDAQ:SINA) Frequently Asked Questions

How has SINA's stock been impacted by COVID-19 (Coronavirus)?

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 26.8% and is now trading at $40.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of SINA?

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.

When is SINA's next earnings date?

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

How were SINA's earnings last quarter?

SINA Corp (NASDAQ:SINA) announced its quarterly earnings results on Tuesday, May, 19th. The technology company reported $0.25 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.07 by $0.18. The technology company had revenue of $435.10 million for the quarter, compared to the consensus estimate 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 for the quarter was down 8.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 earnings per share. View SINA's earnings history.

How will SINA's stock buyback program work?

SINA announced that its Board of Directors has initiated a stock buyback plan on Tuesday, December 31st 2019, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 15.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its stock is undervalued.

What price target have analysts set for SINA?

6 equities research analysts have issued 12 month target prices 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 46.0% from the stock's current price. View analysts' price targets for SINA.

Has SINA been receiving favorable news coverage?

Media headlines about SINA stock have been trending very negative this week, InfoTrie reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SINA earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about SINA.

Are investors shorting SINA?

SINA saw a increase in short interest in June. As of June 30th, there was short interest totaling 2,080,000 shares, an increase of 14.9% from the June 15th total of 1,810,000 shares. Based on an average daily trading volume, of 735,800 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.7% of the company's shares are sold short. View SINA's Current Options Chain.

Who are some of SINA's key competitors?

What other stocks do shareholders of SINA own?

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).

Who are SINA's key executives?

SINA's management team includes the following people:
  • Mr. Guowei Chao, Chairman & CEO (Age 53)
  • Mr. Benjamin Tsiang, Sr. Advisor (Age 49)
  • Ms. Hong Du, Pres & COO (Age 47)
  • Ms. Yi Zhang, Chief Financial Officer (Age 45)
  • Sandra Zhang, Investor Relations Officer

What is SINA's stock symbol?

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

Who are SINA's major shareholders?

SINA's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Genesis Investment Management LLP (1.74%) and E Fund Management Hong Kong Co. Ltd. (0.02%).

Which institutional investors are selling SINA stock?

SINA stock was sold by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP, and E Fund Management Hong Kong Co. Ltd..

How do I buy shares of SINA?

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.

What is SINA's stock price today?

One share of SINA stock can currently be purchased for approximately $40.40.

How big of a company is SINA?

SINA has a market capitalization of $2.77 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.

What is SINA's official website?

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

How can I contact SINA?

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]

This page was last updated on 7/12/2020 by MarketBeat.com Staff

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