NASDAQ:YY JOYY (YY) Stock Forecast, Price & News $38.11 -0.33 (-0.86%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$38.01▼$39.2150-Day Range$31.96▼$40.0752-Week Range$21.38▼$40.29Volume839,945 shsAverage Volume684,376 shsMarket Capitalization$2.36 billionP/E Ratio11.65Dividend Yield2.07%Price Target$41.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media JOYY MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside8.9% Upside$41.50 Price TargetShort InterestBearish6.23% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.94Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth31.92%From $2.13 to $2.81 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.2.27 out of 5 starsComputer And Technology Sector297th out of 608 stocksData Processing & Preparation Industry29th out of 60 stocks 1.3 Analyst's Opinion Consensus RatingJOYY has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 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 8.9% from its current price of $38.11.Amount of Analyst CoverageJOYY has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.23% of the float of JOYY has been sold short.Short Interest Ratio / Days to CoverJOYY has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in JOYY has recently increased by 27.48%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldJOYY pays a meaningful dividend of 2.07%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthJOYY does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of JOYY is 24.16%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, JOYY will have a dividend payout ratio of 28.11% next year. This indicates that JOYY will be able to sustain or increase its 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 3.9 News and Social Media Coverage News SentimentJOYY has a news sentiment score of 0.94. 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 0.63 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for JOYY this week, compared to 2 articles on an average week.Search Interest5 people have searched for YY on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows4 people have added JOYY to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 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 InstitutionsOnly 36.83% of the stock of JOYY is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for JOYY are expected to grow by 31.92% in the coming year, from $2.13 to $2.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of JOYY is 11.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.24.Price to Earnings Ratio vs. SectorThe P/E ratio of JOYY is 11.65, 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 242.87.Price to Book Value per Share RatioJOYY has a P/B Ratio of 0.49. 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., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. The company operates Bigo Live, a social live streaming platform that allows users to live stream specific moments, such as showcase talents, socialize, and connect with other users worldwide; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a multiuser social networking platform that provides casual games; imo, an instant messaging application with functions, including video calls and other communication tools, such as group calls, document sharing, etc.; and Shopline, a smart commerce enabler that provides an integrated omnichannel platform for merchants to create and grow brands online and reach customers. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, Southeast Asia, and internationally. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.Read More YY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart YY Stock News HeadlinesSeptember 29, 2023 | msn.comIs JOYY Inc. A Buy? An Analysis Of Its Strengths And ChallengesSeptember 29, 2023 | seekingalpha.comJOYY: Murky Outlook Supports A Hold RatingOctober 1, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 29, 2023 | americanbankingnews.comJOYY Inc. (NASDAQ:YY) Short Interest UpdateSeptember 27, 2023 | finance.yahoo.comIs JOYY Inc (YY) Modestly Overvalued? A Comprehensive Valuation AnalysisSeptember 25, 2023 | gurufocus.comUnraveling the Dividend Tale of JOYY Inc (YY)September 24, 2023 | americanbankingnews.comJOYY Inc. (NASDAQ:YY) Receives Average Rating of "Moderate Buy" from AnalystsSeptember 21, 2023 | americanbankingnews.comJOYY (NASDAQ:YY) Reaches New 1-Year High at $39.70October 1, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 12, 2023 | finance.yahoo.comJOYY (NASDAQ:YY) Is Reducing Its Dividend To $0.1975September 6, 2023 | finance.yahoo.comJOYY (YY): Is It Worth Your Investment? A Comprehensive Analysis of Its Market ValueAugust 31, 2023 | finance.yahoo.comHere's Why JOYY (NASDAQ:YY) Has Caught The Eye Of InvestorsAugust 30, 2023 | finanznachrichten.deJOYY Inc.: JOYY Reports Second Quarter 2023 Results: US$155.1 Million Net Profit and Sustained User GrowthAugust 30, 2023 | finance.yahoo.comJOYY Inc. (NASDAQ:YY) Q2 2023 Earnings Call TranscriptAugust 30, 2023 | seekingalpha.comJOYY beats Q2 top and bottom line estimates; initiates Q3 outlookAugust 30, 2023 | markets.businessinsider.comJOYY Q2 Non-GAAP Profit RisesAugust 29, 2023 | chron.comJOYY: Q2 Earnings SnapshotAugust 29, 2023 | markets.businessinsider.comJOYY Reports Second Quarter 2023 Results: US$155.1 Million Net Profit and Sustained User GrowthAugust 29, 2023 | finance.yahoo.comJOYY Reports Second Quarter 2023 Unaudited Financial ResultsAugust 28, 2023 | seekingalpha.comJOYY Q2 2023 Earnings PreviewAugust 28, 2023 | benzinga.comJOYY's Earnings OutlookAugust 22, 2023 | finance.yahoo.comJOYY to Announce Second Quarter 2023 Financial Results on August 29, 2023August 19, 2023 | benzinga.comNATIONALLY RANKED ROSEN LAW FIRM Encourages JOYY Inc. Investors to Inquire About Securities Class Action Investigation - YYAugust 6, 2023 | benzinga.comROSEN, LEADING TRIAL ATTORNEYS, Encourages JOYY Inc. Investors to Inquire About Securities Class Action Investigation – YYAugust 4, 2023 | benzinga.comYY LOSS ALERT: ROSEN, NATIONAL TRIAL LAWYERS, Encourages JOYY Inc. Investors to Inquire About Securities Class Action Investigation - YYJuly 30, 2023 | finance.yahoo.comInstitutional investors are JOYY Inc.'s (NASDAQ:YY) biggest bettors and were rewarded after last week's US$148m market cap gainJuly 23, 2023 | benzinga.comROSEN, SKILLED INVESTOR COUNSEL, Encourages JOYY Inc. Investors to Inquire About Securities Class Action Investigation – YYSee More Headlines 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 Ex-Dividend for 7/5 Dividend6/20/2023Dividend Payable7/05/2023Last Earnings8/29/2023Ex-Dividend for 10/13 Dividend9/25/2023Today10/01/2023Dividend Payable10/13/2023Next Earnings (Estimated)11/27/2023Fiscal 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+8.9%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$3.27 Trailing P/E Ratio11.65 Forward P/E Ratio17.89 P/E GrowthN/ANet Income$128.89 million Net Margins13.81% Pretax Margin32.09% Return on Equity4.60% Return on Assets2.79% Debt Debt-to-Equity RatioN/A Current Ratio1.37 Quick Ratio1.37 Sales & Book Value Annual Sales$2.41 billion Price / Sales0.98 Cash Flow$4.71 per share Price / Cash Flow8.09 Book Value$77.71 per share Price / Book0.49Miscellaneous Outstanding Shares61,990,000Free Float35,335,000Market Cap$2.36 billion OptionableOptionable Beta0.62 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Xueling Li (Age 50)Co-Founder, Chairman & CEO Mr. Fuyong Liu (Age 39)VP of Fin. Ms. Ting Li (Age 40)Chief Operating Officer Ms. Tingzhen XieInvestor Relations Sr. Mang.Key CompetitorsRingCentralNYSE:RNGStoneCoNASDAQ:STNECSG Systems InternationalNASDAQ:CSGSUpworkNASDAQ:UPWKPegasystemsNASDAQ:PEGAView All CompetitorsInstitutional OwnershipWolverine Trading LLCBought 7,700 shares on 8/23/2023Ownership: 0.000%Nuveen Asset Management LLCSold 20,003,500 shares on 8/16/2023Ownership: 0.088%Citadel Advisors LLCBought 800 shares on 8/15/2023Ownership: 0.000%Natixis Advisors L.P.Bought 1,804 shares on 8/15/2023Ownership: 0.028%Walleye Capital LLCBought 6,400 shares on 8/15/2023Ownership: 0.000%View All Institutional Transactions YY Stock - Frequently Asked Questions Should I buy or sell JOYY stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" YY shares. View YY analyst ratings or view top-rated stocks. What is JOYY's stock price forecast for 2023? 5 brokers have issued 1-year price targets for JOYY's stock. Their YY share price forecasts range from $30.00 to $49.00. On average, they expect the company's stock price to reach $41.50 in the next year. This suggests a possible upside of 8.9% 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 stock has increased by 20.6% and is now trading at $38.11. View the best growth stocks for 2023 here. Are investors shorting JOYY? JOYY saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,830,000 shares, an increase of 27.5% from the August 31st total of 2,220,000 shares. Based on an average daily volume of 487,700 shares, the days-to-cover ratio is presently 5.8 days. Currently, 6.2% of the shares of the company are sold short. View JOYY's Short Interest. When is JOYY's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 27th 2023. View our YY earnings forecast. How were JOYY's earnings last quarter? JOYY Inc. (NASDAQ:YY) announced its earnings results on Tuesday, August, 29th. The information services provider reported $1.20 EPS for the quarter, beating the consensus estimate of $0.10 by $1.10. The information services provider had revenue of $547.33 million for the quarter, compared to analyst estimates of $540.69 million. JOYY had a net margin of 13.81% and a trailing twelve-month return on equity of 4.60%. How often does JOYY pay dividends? What is the dividend yield for JOYY? JOYY announced a quarterly dividend on Thursday, September 7th. Shareholders of record on Tuesday, September 26th will be given a dividend of $0.20 per share on Friday, October 13th. This represents a $0.80 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Monday, September 25th. 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), SoFi Be Your Own Boss ETF (BYOB), SoFi Be Your Own Boss ETF (GIGE) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO). Is JOYY a good dividend stock? JOYY (NASDAQ:YY) pays an annual dividend of $0.79 per share and currently has a dividend yield of 2.07%. The dividend payout ratio is 24.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, YY will have a dividend payout ratio of 28.11% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for YY. What guidance has JOYY issued on next quarter's earnings? JOYY issued an update on 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. 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." 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 $38.11. How much money does JOYY make? JOYY (NASDAQ:YY) has a market capitalization of $2.36 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. 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 10/1/2023 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. 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