NASDAQ:YY JOYY (YY) Stock Forecast, Price & News $28.21 +0.54 (+1.95%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$27.82▼$28.3350-Day Range$27.22▼$32.1152-Week Range$21.38▼$42.84Volume405,200 shsAverage Volume587,156 shsMarket Capitalization$2.08 billionP/E Ratio39.18Dividend Yield7.20%Price Target$41.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media JOYY MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside47.1% Upside$41.50 Price TargetShort InterestBearish4.39% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.73Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth28.89%From $1.35 to $1.74 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.89 out of 5 starsComputer And Technology Sector37th out of 618 stocksData Processing & Preparation Industry2nd out of 70 stocks 3.3 Analyst's Opinion Consensus RatingJOYY has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.50, JOYY has a forecasted upside of 47.1% from its current price of $28.21.Amount of Analyst CoverageJOYY has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.39% of the float of JOYY has been sold short.Short Interest Ratio / Days to CoverJOYY has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in JOYY has recently increased by 0.87%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipJOYY is a leading dividend payer. It pays a dividend yield of 7.20%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthJOYY does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of JOYY is 281.94%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, JOYY will have a dividend payout ratio of 116.67% in the coming year. This indicates that JOYY may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for YY. Previous Next 2.6 News and Social Media Coverage News SentimentJOYY has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for JOYY this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for YY on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, JOYY insiders have not sold or bought any company stock.Percentage Held by Insiders43.00% of the stock of JOYY is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.31% of the stock of JOYY is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for JOYY are expected to grow by 28.89% in the coming year, from $1.35 to $1.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of JOYY is 39.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.91.Price to Earnings Ratio vs. SectorThe P/E ratio of JOYY is 39.18, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 296.65.Price to Book Value per Share RatioJOYY has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About JOYY (NASDAQ:YY) StockJOYY, Inc. engages in managing a communication social platform, which enables users to join real-time online group activities through voice, text, and video. Its services include music and entertainment, online games, online dating, live game broadcasting, online education, and advertising. It operates through the BIGO and All Other segments. The BIGO segment includes revenues from social entertainment platforms, including Bigo Live, Likee, and imo. The All Other segment represents the Huya and YY Live transactions and the elimination from historical segment results of both discontinued businesses as reportable segments. The company was founded by Xueling Li and Jun Lei in April 2005 and is headquartered in Singapore.Read More Receive YY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for JOYY and its competitors with MarketBeat's FREE daily newsletter. Email Address YY Stock News HeadlinesMay 29, 2023 | msn.comJOYY Earnings PreviewMay 29, 2023 | americanbankingnews.comJOYY (YY) Scheduled to Post Earnings on TuesdayMay 29, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 28, 2023 | americanbankingnews.comJOYY Inc. (NASDAQ:YY) Receives $41.50 Consensus Target Price from BrokeragesMay 24, 2023 | msn.comTencent replaces chairman at video game live-streaming platform Huya amid regulatory pressure and increased market competitionMay 24, 2023 | finance.yahoo.comJOYY to Announce First Quarter 2023 Financial Results on May 30, 2023May 20, 2023 | fool.comJoyy (NASDAQ: YY)May 20, 2023 | americanbankingnews.comJOYY (NASDAQ:YY) Coverage Initiated at StockNews.comMay 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 19, 2023 | americanbankingnews.comJOYY (NASDAQ:YY) Shares Gap Down to $29.78May 10, 2023 | msn.comJOYY: Consider Both Business Outlook And Corporate ActionsMay 7, 2023 | americanbankingnews.comJOYY Inc. (NASDAQ:YY) Given Consensus Recommendation of "Hold" by BrokeragesApril 30, 2023 | finance.yahoo.comJOYY's (NASDAQ:YY) earnings trajectory could turn positive as the stock rises 6.3% this past weekApril 29, 2023 | americanbankingnews.comJOYY Inc. (NASDAQ:YY) Sees Significant Drop in Short InterestApril 27, 2023 | finance.yahoo.comJOYY Inc. Filed 2022 Annual Report on Form 20-FApril 17, 2023 | benzinga.comJOYY Inc. Announces Repurchase Right Notification for 0.750% Convertible Senior Notes due 2025April 17, 2023 | finance.yahoo.comJOYY Inc. Announces Repurchase Right Notification for 0.750% Convertible Senior Notes due 2025April 15, 2023 | americanbankingnews.comJOYY (NASDAQ:YY) Price Target Cut to $30.00 by Analysts at JPMorgan Chase & Co.April 11, 2023 | americanbankingnews.comJOYY Inc. (NASDAQ:YY) Announces $0.51 Quarterly DividendApril 8, 2023 | americanbankingnews.comAnalysts Set JOYY Inc. (NASDAQ:YY) PT at $44.00March 31, 2023 | americanbankingnews.comJOYY Inc. (NASDAQ:YY) Sees Significant Decrease in Short InterestMarch 21, 2023 | americanbankingnews.comJOYY (NASDAQ:YY) Price Target Cut to $49.00March 17, 2023 | markets.businessinsider.comJefferies Sticks to Its Buy Rating for JOYY (YY)March 15, 2023 | prnewswire.comJOYY Reports Fourth Quarter and Full Year 2022 Financial Results: Second Consecutive Year of ProfitabilityMarch 15, 2023 | finance.yahoo.comJOYY Reports Fourth Quarter and Full Year 2022 Unaudited Financial ResultsMarch 10, 2023 | finance.yahoo.comJOYY to Announce Fourth Quarter and Full Year 2022 Financial Results on March 15, 2023February 20, 2023 | finance.yahoo.comIn the wake of JOYY Inc.'s (NASDAQ:YY) latest US$195m market cap drop, institutional owners may be forced to take severe actionsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive YY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for JOYY and its competitors with MarketBeat's FREE daily newsletter. Email Address YY Company Calendar Last Earnings3/15/2023Ex-Dividend for 4/28 Dividend4/12/2023Dividend Payable4/28/2023Today5/29/2023Next Earnings (Confirmed)5/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Data processing & preparation Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:YY CUSIPN/A CIK1530238 Webwww.huanju.cn Phone65-6351-9330Fax86-20-8212-0887Employees6,681Year FoundedN/APrice Target and Rating Average Stock Price Forecast$41.50 High Stock Price Forecast$49.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+47.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.72 Trailing P/E Ratio39.18 Forward P/E Ratio20.90 P/E GrowthN/ANet Income$128.89 million Net Margins5.34% Pretax Margin26.31% Return on Equity3.06% Return on Assets1.85% Debt Debt-to-Equity Ratio0.07 Current Ratio1.51 Quick Ratio1.51 Sales & Book Value Annual Sales$2.41 billion Price / Sales0.86 Cash Flow$4.45 per share Price / Cash Flow6.34 Book Value$73.48 per share Price / Book0.38Miscellaneous Outstanding Shares73,640,000Free Float41,976,000Market Cap$2.08 billion OptionableOptionable Beta0.51 Key ExecutivesXue Ling LiChairman & Chief Executive OfficerTing LiChief Operating OfficerFu Yong LiuGeneral Manager-FinanceYun Fan ZhangGeneral ManagerJin CaoGeneral Manager-Website DepartmentKey CompetitorsShutterstockNYSE:SSTKCSG Systems InternationalNASDAQ:CSGSE2open ParentNYSE:ETWOTaskUsNASDAQ:TASKUpworkNASDAQ:UPWKView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 2,482 shares on 5/22/2023Ownership: 0.012%New York State Common Retirement FundBought 77,518 shares on 5/18/2023Ownership: 0.114%Thrivent Financial for LutheransBought 6,575 shares on 5/17/2023Ownership: 0.009%Hhlr Advisors LTD.Sold 3,500 shares on 5/16/2023Ownership: 0.131%Squarepoint Ops LLCBought 431 shares on 5/16/2023Ownership: 0.011%View All Institutional Transactions YY Stock - Frequently Asked Questions Should I buy or sell JOYY stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" YY shares. View YY analyst ratings or view top-rated stocks. What is JOYY's stock price forecast for 2023? 4 brokers have issued twelve-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 47.1% from the stock's current price. View analysts price targets for YY or view top-rated stocks among Wall Street analysts. How have YY shares performed in 2023? JOYY's stock was trading at $31.59 at the start of the year. Since then, YY shares have decreased by 10.7% and is now trading at $28.21. View the best growth stocks for 2023 here. When is JOYY's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 30th 2023. View our YY earnings forecast. How can I listen to JOYY's earnings call? JOYY will be holding an earnings conference call on Tuesday, May 30th at 9:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-883-1031 with passcode "#10031006". How were JOYY's earnings last quarter? JOYY Inc. (NASDAQ:YY) posted its earnings results on Wednesday, March, 15th. The information services provider reported $0.49 EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.57. The information services provider had revenue of $604.91 million for the quarter, compared to analyst estimates of $594.84 million. JOYY had a trailing twelve-month return on equity of 3.06% and a net margin of 5.34%. How often does JOYY pay dividends? What is the dividend yield for JOYY? JOYY announced a quarterly dividend on Wednesday, March 15th. Shareholders of record on Thursday, April 13th will be paid a dividend of $0.507 per share on Friday, April 28th. This represents a $2.03 annualized dividend and a dividend yield of 7.19%. The ex-dividend date of this dividend is Wednesday, April 12th. Read our dividend analysis for YY. What ETFs hold JOYY's stock? 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), Invesco China Technology ETF (CQQQ), Invesco Golden Dragon China ETF (PGJ) and KraneShares CSI China Internet ETF (KWEB). Is JOYY a good dividend stock? JOYY (NASDAQ:YY) pays an annual dividend of $2.03 per share and currently has a dividend yield of 7.20%. YY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 281.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, YY will have a dividend payout ratio of 116.67% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for YY. What guidance has JOYY issued on next quarter's earnings? JOYY issued an update on its first quarter 2023 earnings guidance on Thursday, March, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $552.00 million-$570.00 million, compared to the consensus revenue estimate of $577.48 million. What other stocks do shareholders of JOYY own? 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). What is JOYY's stock symbol? JOYY trades on the NASDAQ under the ticker symbol "YY." Who are JOYY's major shareholders? JOYY's stock is owned by many different institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (4.24%), Krane Funds Advisors LLC (2.25%), Bank of America Corp DE (1.63%), MY.Alpha Management HK Advisors Ltd (1.37%), Acadian Asset Management LLC (1.27%) and Southeastern Asset Management Inc. TN (1.05%). How do I buy shares of JOYY? 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. Compare Top Brokerages Here. What is JOYY's stock price today? One share of YY stock can currently be purchased for approximately $28.21. How much money does JOYY make? JOYY (NASDAQ:YY) has a market capitalization of $2.08 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 $0.72 on an earnings per share basis. How many employees does JOYY have? The company employs 6,681 workers across the globe. How can I contact JOYY? 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. This page (NASDAQ:YY) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding JOYY Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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