JOYY - YY Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" YY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in YY, but not buy additional shares or sell existing shares.
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3 analysts have issued 1 year price targets for JOYY's shares. Their YY share price forecasts range from $40.00 to $62.00. On average, they anticipate the company's stock price to reach $49.33 in the next year. This suggests a possible upside of 62.0% from the stock's current price.
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JOYY's stock was trading at $45.43 on January 1st, 2022. Since then, YY shares have decreased by 33.0% and is now trading at $30.46.
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JOYY Inc. (NASDAQ:YY) announced its earnings results on Wednesday, November, 17th. The information services provider reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.39. The information services provider earned $650.55 million during the quarter. JOYY had a net margin of 23.37% and a trailing twelve-month return on equity of 4.09%. During the same quarter last year, the business earned $1.31 EPS.

JOYY announced a quarterly dividend on Monday, November 28th. Investors of record on Friday, December 23rd will be given a dividend of $0.51 per share on Friday, January 13th. This represents a $2.04 annualized dividend and a dividend yield of 6.70%. The ex-dividend date of this dividend is Thursday, December 22nd. This is a positive change from the stock's previous quarterly dividend of $0.51.
Read our dividend analysis for YY.

JOYY (NASDAQ:YY) pays an annual dividend of $2.03 per share and currently has a dividend yield of 6.79%. YY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 29.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, YY will have a dividend payout ratio of 153.79% 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 issued an update on its fourth quarter 2022 earnings guidance on Tuesday, November, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $594.00 million-$619.00 million, compared to the consensus revenue estimate of $628.40 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 retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (6.71%), Vanguard Group Inc. (2.30%), Krane Funds Advisors LLC (2.20%), Point72 Hong Kong Ltd (2.04%), Canada Pension Plan Investment Board (1.41%) and MY.Alpha Management HK Advisors Ltd (1.28%).

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 $30.46.

JOYY (NASDAQ:YY) has a market capitalization of $2.37 billion and generates $2.62 billion in revenue each year. The information services provider earns $-80,290,000.00 in net income (profit) each year or $6.95 on an earnings per share basis.

The company employs 7,449 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.