JOYY (YY) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last year. There are currently 1 hold rating 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.

3 brokerages have issued twelve-month price targets for JOYY's shares. Their YY share price forecasts range from $30.00 to $49.00. On average, they expect the company's share price to reach $41.50 in the next twelve months. This suggests a possible upside of 44.2% 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 decreased by 8.9% and is now trading at $28.77.
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The company is scheduled to release its next quarterly earnings announcement on Monday, September 4th 2023.
View our YY earnings forecast.

JOYY Inc. (NASDAQ:YY) issued its quarterly earnings results on Wednesday, March, 15th. The information services provider reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.57. The information services provider earned $604.91 million during the quarter, compared to analysts' expectations of $594.84 million. JOYY had a trailing twelve-month return on equity of 3.72% and a net margin of 7.77%.

JOYY declared a quarterly dividend on Tuesday, May 30th. Stockholders of record on Wednesday, June 21st will be paid a dividend of $0.51 per share on Wednesday, July 5th. This represents a $2.04 dividend on an annualized basis and a yield of 7.09%. The ex-dividend date is Tuesday, June 20th. This is a boost from the stock's previous quarterly dividend of $0.51.
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), Invesco China Technology ETF (CQQQ), Invesco Golden Dragon China ETF (PGJ) and KraneShares CSI China Internet ETF (KWEB).

JOYY (NASDAQ:YY) pays an annual dividend of $2.03 per share and currently has a dividend yield of 7.54%. 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.

JOYY updated its first quarter 2023 earnings guidance on Thursday, March, 16th. The company provided earnings per share (EPS) 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.

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 many different retail and institutional investors. Top institutional investors 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%).

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 $28.77.

JOYY (NASDAQ:YY) has a market capitalization of $2.12 billion and generates $2.37 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.

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.