Phoenix New Media Stock Forecast, Price & News

Phoenix New Media's stock was trading at $5.1720 at the beginning of the year. Since then, FENG shares have increased by 2.9% and is now trading at $5.32.
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Phoenix New Media saw a increase in short interest in May. As of May 31st, there was short interest totaling 70,700 shares, an increase of 141.3% from the May 15th total of 29,300 shares. Based on an average trading volume of 66,500 shares, the short-interest ratio is currently 1.1 days. Approximately 1.3% of the shares of the stock are short sold.
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Phoenix New Media is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our earnings forecast for Phoenix New Media.

Phoenix New Media Limited (NYSE:FENG) released its quarterly earnings results on Monday, May, 9th. The information services provider reported ($1.02) EPS for the quarter. The information services provider had revenue of $27.67 million for the quarter. Phoenix New Media had a negative trailing twelve-month return on equity of 17.94% and a negative net margin of 26.17%.
View Phoenix New Media's earnings history.

Phoenix New Media's stock reverse split on Saturday, May 21st 2022. The 1-6 reverse split was announced on Saturday, May 21st 2022. The number of shares owned by shareholders was adjusted after the market closes on Saturday, May 21st 2022. An investor that had 100 shares of Phoenix New Media stock prior to the reverse split would have 17 shares after the split.

Phoenix New Media issued an update on its second quarter 2022 earnings guidance on Monday, June, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $31.33 million-$34.48 million.

Some companies that are related to Phoenix New Media include Paramount Global (PARAA), FOX (FOXA), ViacomCBS (VIACA), FOX (FOX), Paramount Global (PARA), Formula One Group (FWONK), Formula One Group (FWONB), Formula One Group (FWONA), Nexstar Media Group (NXST), Grupo Televisa, S.A.B. (TV), TEGNA (TGNA), ProSiebenSat.1 Media (PBSFY), Gray Television (GTN), Gray Television (GTN.A) and Sinclair Broadcast Group (SBGI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Phoenix New Media investors own include Micron Technology (MU), Lannett (LCI), Nokia Oyj (NOK), Rite Aid (RAD), Cisco Systems (CSCO), SandRidge Energy (SD), Baidu (BIDU), Yandex (YNDX), JOYY (YY) and Bitauto (BITA).

Phoenix New Media trades on the New York Stock Exchange (NYSE) under the ticker symbol "FENG."

Phoenix New Media's stock is owned by a variety of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.58%), TB Alternative Assets Ltd. (0.30%), Envestnet Asset Management Inc. (0.30%) and Concourse Financial Group Securities Inc. (0.00%).

FENG stock was sold by a variety of institutional investors in the last quarter, including TB Alternative Assets Ltd., Renaissance Technologies LLC, and Envestnet Asset Management Inc..

Shares of FENG 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 FENG stock can currently be purchased for approximately $5.32.

Phoenix New Media (NYSE:FENG) has a market capitalization of $64.55 million and generates $161.68 million in revenue each year. The information services provider earns $-31.88 million in net income (profit) each year or ($3.359340) on an earnings per share basis.

Phoenix New Media employs 1,245 workers across the globe.

Phoenix New Media's mailing address is SINOLIGHT PLAZA FL.16 NO.4 QIYANG RD. WANGJING CHAOYANG DISTRICT, Beijing F4, 100102. The official website for Phoenix New Media is www.ifeng.com. The information services provider can be reached via phone at 861060676000, via email at [email protected], or via fax at 86-10-6067-6002.