Sunlands Technology Group - STG Stock Forecast, Price & News

Sunlands Technology Group's stock was trading at $7.29 at the start of the year. Since then, STG stock has increased by 56.9% and is now trading at $11.44.
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Sunlands Technology Group saw a increase in short interest during the month of December. As of December 15th, there was short interest totaling 50,200 shares, an increase of 113.6% from the November 30th total of 23,500 shares. Based on an average daily volume of 28,400 shares, the short-interest ratio is presently 1.8 days. Currently, 1.3% of the company's stock are sold short.
View Sunlands Technology Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, April 14th 2023.
View our STG earnings forecast.

Sunlands Technology Group (NYSE:STG) posted its quarterly earnings data on Wednesday, November, 23rd. The company reported $1.69 earnings per share (EPS) for the quarter. The business earned $81 million during the quarter. Sunlands Technology Group had a net margin of 26.45% and a negative trailing twelve-month return on equity of 78.11%.

Sunlands Technology Group declared a None dividend on Monday, June 13th. Stockholders of record on Thursday, June 30th will be paid a dividend of $1.26 per share on Friday, July 29th. The ex-dividend date is Wednesday, June 29th.
Read our dividend analysis for STG.

Sunlands Technology Group (NYSE:STG) pays an annual dividend of $0.63 per share and currently has a dividend yield of 5.70%. STG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 9.14%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for STG.

Sunlands Technology Group shares reverse split on the morning of Tuesday, August 31st 2021. The 2-25 reverse split was announced on Tuesday, August 31st 2021. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, August 31st 2021. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

Sunlands Technology Group updated its fourth quarter 2022 earnings guidance on Saturday, December, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $73.10 million-$75.91 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunlands Technology Group investors own include AbbVie (ABBV), Allena Pharmaceuticals (ALNA), General Motors (GM), Mondi (MNDI), Wells Fargo & Company (WFC), Energy Transfer (ET), Garrison Capital (GARS), Intel (INTC), Pfizer (PFE) and Verizon Communications (VZ).

(STG) raised $162 million in an IPO on Friday, March 23rd 2018. The company issued 13,000,000 shares at a price of $11.50-$13.50 per share. Goldman Sachs (Asia), J.P. Morgan and Credit Suisse acted as the underwriters for the IPO and CLSA was co-manager.

Sunlands Technology Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "STG."

Shares of STG 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 STG stock can currently be purchased for approximately $11.44.

Sunlands Technology Group (NYSE:STG) has a market capitalization of $152.61 million and generates $393.53 million in revenue each year. The company earns $34.37 million in net income (profit) each year or $6.89 on an earnings per share basis.

The company employs 4,064 workers across the globe.

Sunlands Technology Group's mailing address is BUILDING 4-6 CHAOLAI SCIENCE PARK NO. 36 CHUANGYUAN RD CHAOYANG DISTRICT, BEIJING F4, 100012. The official website for the company is www.sunlands.com. The company can be reached via phone at 861052413738 or via email at ir@sunlands.com.