NASDAQ:SINASINA Stock Price, Forecast & News

$34.29

+0.97 (+2.91 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$33.80

Now: $34.29▼

$34.78

50-Day Range

$30.04

MA: $32.98▼

$35.10

52-Week Range

$26.04

Now: $34.29▼

$46.85

Volume496,297 shs

Average Volume815,939 shs

Market Capitalization$2.35 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.04

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.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
SINA has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $59.00, SINA has a potential upside of 72.1% from its current price of $34.29.
Amount of Analyst Coverage
SINA has only been the subject of 1 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
SINA has received 688 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
SINA has received 593 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
SINA has received 53.71% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about SINA and other stocks. Vote “Outperform” if you believe SINA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SINA will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
SINA does not currently pay a dividend.
Dividend Growth
SINA does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SINA insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.40% of the stock of SINA is held by insiders.
Percentage Held by Institutions
58.82% of the stock of SINA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for SINA are expected to grow in the coming year, from ($0.83) to $0.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SINA is -110.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of SINA is -110.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
SINA has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.64 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:SINA

Previous Symbol

CUSIPN/A

CIK1094005

Webwww.sina.com

Phone86-10-8262-8888

Debt

Debt-to-Equity Ratio0.45

Current Ratio2.62

Quick Ratio2.62

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.16 billion

Price / Sales1.09

Cash FlowN/A

Price / Cash FlowN/A

Book Value$56.04 per share

Price / Book0.61

Profitability

EPS (Most Recent Fiscal Year)($1.03)

Net Income$-70,540,000.00

Net Margins-1.00%

Return on Equity-0.54%

Return on Assets-0.29%

Miscellaneous

Employees9,207

Outstanding Shares68,450,000

Market Cap$2.35 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 COVID-19 reached pandemic status according to the World Health Organization. Since then, SINA stock has increased by 7.6% and is now trading at $34.29. 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 (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 analysts' expectations of $382.28 million. SINA had a negative net margin of 1.00% and a negative return on equity of 0.54%. The company's quarterly revenue was down 8.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 authorized a share repurchase program on Tuesday, December 31st 2019, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 15.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.

What price target have analysts set for SINA?

6 equities research analysts have issued twelve-month price targets for SINA's shares. Their forecasts range from $41.00 to $79.00. On average, they expect SINA's stock price to reach $59.00 in the next year. This suggests a possible upside of 72.1% from the stock's current price. View analysts' price targets for SINA.

Has SINA been receiving favorable news coverage?

News headlines about SINA stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public 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 -1.5 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutSINA.

Who are some of SINA's key competitors?

Some companies that are related to SINA include Temenos (TMNSF), HubSpot (HUBS), Alteryx (AYX), Guidewire Software (GWRE), Cloudflare (NET), Trend Micro (TMICY), Avalara (AVLR), Paylocity (PCTY), Elastic (ESTC), RealPage (RP), Nuance Communications (NUAN), Anaplan (PLAN), SolarWinds (SWI), AppFolio (APPF) and Manhattan Associates (MANH). View all 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.12%), Wells Fargo & Company MN (3.43%), Deutsche Bank AG (2.52%), International Value Advisers LLC (2.37%), Genesis Investment Management LLP (2.30%) and Fosun International Ltd (2.12%).

Which major investors are selling SINA stock?

SINA stock was sold by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP, HBK Investments L P, Morgan Stanley, Morgan Stanley, Fosun International Ltd, Pictet Asset Management Ltd., BlackRock Inc., and UBS Group AG.

Which major investors are buying SINA stock?

SINA stock was bought by a variety of institutional investors in the last quarter, including Prime Capital Management Co Ltd, Deutsche Bank AG, International Value Advisers LLC, Krane Funds Advisors LLC, River & Mercantile Asset Management LLP, Bogle Investment Management L P DE, State Street Corp, and Invesco 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 $34.29.

How big of a company is SINA?

SINA has a market capitalization of $2.35 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 9,207 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 6/6/2020 by MarketBeat.com Staff