NASDAQ:YY JOYY (YY) Stock Forecast, Price & News $28.77 +1.19 (+4.31%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$28.00▼$29.1950-Day Range$24.80▼$32.1152-Week Range$21.38▼$39.67Volume791,746 shsAverage Volume510,180 shsMarket Capitalization$2.12 billionP/E Ratio19.44Dividend Yield7.06%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/Downside44.2% Upside$41.50 Price TargetShort InterestBearish4.39% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.33Based on 19 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.2.84 out of 5 starsComputer And Technology Sector38th out of 609 stocksData Processing & Preparation Industry2nd out of 64 stocks 3.3 Analyst's Opinion Consensus RatingJOYY has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.50, JOYY has a forecasted upside of 44.2% from its current price of $28.77.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 7.54%, 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 1.9 News and Social Media Coverage News SentimentJOYY has a news sentiment score of 0.33. 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 lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 19 news articles for JOYY this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for YY on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added JOYY to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 19.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.98.Price to Earnings Ratio vs. SectorThe P/E ratio of JOYY is 19.44, 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 374.00.Price to Book Value per Share RatioJOYY has a P/B Ratio of 0.39. 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 HeadlinesJune 3, 2023 | finance.yahoo.comIs There An Opportunity With JOYY Inc.'s (NASDAQ:YY) 41% Undervaluation?June 1, 2023 | msn.comBenchmark Reiterates JOYY Inc - ADR (YY) Buy RecommendationJune 4, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.June 1, 2023 | americanbankingnews.comJOYY Inc. (YY) To Go Ex-Dividend on June 20thJune 1, 2023 | markets.businessinsider.comJefferies Sticks to Their Buy Rating for JOYY (YY)June 1, 2023 | msn.comJOYY Inc - ADR (YY) Declares $0.51 DividendMay 31, 2023 | finanznachrichten.deJOYY Inc.: JOYY Reports First Quarter 2023 Results: Sustained Growth in Profitability and UsersMay 31, 2023 | finanznachrichten.deJOYY Inc.: JOYY Reports First Quarter 2023 Unaudited Financial ResultsJune 4, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 31, 2023 | msn.comJOYY stock slides 9% on disappointing Q2 revenue guidanceMay 31, 2023 | benzinga.comLate Yesterday, JOYY Reported Q1 Adj Earnings Per ADS $0.64 Beats $0.34 Estimate, Sales $583.60M Beat $564.68M EstimateMay 31, 2023 | msn.comJOYY beats Q1 top and bottom line estimates; initiates Q2 outlookMay 31, 2023 | markets.businessinsider.comJOYY Turns To Profit In Q1May 31, 2023 | finance.yahoo.comJOYY Reports First Quarter 2023 Results: Sustained Growth in Profitability and UsersMay 30, 2023 | finance.yahoo.comJOYY Reports First Quarter 2023 Unaudited Financial ResultsMay 29, 2023 | msn.comJOYY Earnings PreviewMay 29, 2023 | americanbankingnews.comJOYY (YY) Scheduled to Post Earnings on TuesdayMay 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 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 InterestSee More Headlines YY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart YY Company Calendar Last Earnings3/15/2023Ex-Dividend for 4/28 Dividend4/12/2023Dividend Payable4/28/2023Today6/03/2023Ex-Dividend for 7/5 Dividend6/20/2023Dividend Payable7/05/2023Next Earnings (Estimated)9/04/2023Fiscal 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+44.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.72 Trailing P/E Ratio19.44 Forward P/E Ratio21.31 P/E GrowthN/ANet Income$128.89 million Net Margins7.77% Pretax Margin28.14% Return on Equity3.72% Return on Assets2.24% Debt Debt-to-Equity Ratio0.07 Current Ratio1.50 Quick Ratio1.51 Sales & Book Value Annual Sales$2.37 billion Price / Sales0.89 Cash Flow$4.65 per share Price / Cash Flow6.19 Book Value$73.48 per share Price / Book0.39Miscellaneous Outstanding Shares73,642,000Free Float41,976,000Market Cap$2.12 billion OptionableOptionable Beta0.50 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 OwnershipPrelude Capital Management LLCBought 30,000 shares on 6/1/2023Ownership: 0.041%Macquarie Group Ltd.Bought 2,257 shares on 6/1/2023Ownership: 0.008%Ameriprise 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%View All Institutional Transactions YY Stock - Frequently Asked Questions Should I buy or sell JOYY stock right now? 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. What is JOYY's stock price forecast for 2023? 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. How have YY shares performed in 2023? 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. 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 Monday, September 4th 2023. View our YY earnings forecast. How were JOYY's earnings last quarter? 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%. How often does JOYY pay dividends? What is the dividend yield for JOYY? 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. 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 7.54%. 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. What guidance has JOYY issued on next quarter's earnings? 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. 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 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%). 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 $28.77. How much money does JOYY make? 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. 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 6/4/2023 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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