JOYY (YY) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" YY shares.
View YY analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued 12 month price objectives for JOYY's shares. Their YY share price forecasts range from $30.00 to $49.00. On average, they anticipate the company's stock price to reach $41.50 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for YY or view top-rated stocks among Wall Street analysts.

JOYY's stock was trading at $31.59 at the beginning of the year. Since then, YY shares have increased by 26.8% and is now trading at $40.05.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 27th 2023.
View our YY earnings forecast.

JOYY Inc. (NASDAQ:YY) issued its quarterly earnings data on Tuesday, August, 29th. The information services provider reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $1.10. The information services provider had revenue of $547.33 million for the quarter, compared to analysts' expectations of $540.69 million. JOYY had a trailing twelve-month return on equity of 4.60% and a net margin of 13.81%.

JOYY announced a quarterly dividend on Thursday, September 7th. Investors of record on Tuesday, September 26th will be paid a dividend of $0.20 per share on Friday, October 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend is Monday, September 25th.
Read our dividend analysis for YY.

ETFs with the largest weight of JOYY (NASDAQ:YY) stock in their portfolio include First Trust S-Network Streaming and Gaming ETF (BNGE), Global X NASDAQ China Technology ETF (CHIC), Principal Millennial Global Growth ETF (GENY), Jacob Forward ETF (JFWD), iShares Virtual Work and Life Multisector ETF (IWFH), SoFi Be Your Own Boss ETF (BYOB), SoFi Be Your Own Boss ETF (GIGE) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).

JOYY (NASDAQ:YY) pays an annual dividend of $2.03 per share and currently has a dividend yield of 5.07%. YY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 62.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, YY will have a dividend payout ratio of 278.08% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for YY.

JOYY updated its third quarter 2023 earnings guidance on Wednesday, August, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $537.00 million-$567.00 million, compared to the consensus revenue estimate of $572.55 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other JOYY investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Precision Drilling (PD) and NIC (EGOV).

JOYY trades on the NASDAQ under the ticker symbol "YY."

JOYY's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.30%), Acadian Asset Management LLC (2.08%), Krane Funds Advisors LLC (1.75%), Point72 Hong Kong Ltd (0.71%), Yunqi Capital Ltd (0.66%) and Citigroup Inc. (0.56%).

Shares of YY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of YY stock can currently be purchased for approximately $40.05.

JOYY (NASDAQ:YY) has a market capitalization of $2.48 billion and generates $2.41 billion in revenue each year. The information services provider earns $128.89 million in net income (profit) each year or $3.27 on an earnings per share basis.

The company employs 6,681 workers across the globe.

JOYY's mailing address is Building B-1 North Block of Wanda Plaza No. 79 Wanbo Er Road Nancun Town Panyu District, Guangzhou F4, 511442. The official website for the company is www.huanju.cn. The information services provider can be reached via phone at 65-6351-9330, via email at ir@yy.com, or via fax at 86-20-8212-0887.