NYSE:TME Tencent Music Entertainment Group (TME) Stock Price, News & Analysis $17.05 +0.31 (+1.85%) As of 03:58 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Tencent Music Entertainment Group Stock (NYSE:TME) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get TME alerts:Sign Up Key Stats Today's Range$16.73▼$17.1150-Day Range$11.96▼$16.9552-Week Range$9.41▼$17.09Volume7.08 million shsAverage Volume8.23 million shsMarket Capitalization$29.26 billionP/E Ratio31.57Dividend Yield1.00%Price Target$15.00Consensus RatingModerate Buy Company OverviewTencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with a diverse audience base; and Lazy Audio, an audio platform. In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.Read More… Tencent Music Entertainment Group Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks72nd Percentile Overall ScoreTME MarketRank™: Tencent Music Entertainment Group scored higher than 72% of companies evaluated by MarketBeat, and ranked 111th out of 274 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.5 / 5Analyst RatingModerate Buy Consensus RatingTencent Music Entertainment Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageTencent Music Entertainment Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Tencent Music Entertainment Group's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth25.40% Earnings GrowthEarnings for Tencent Music Entertainment Group are expected to grow by 25.40% in the coming year, from $0.63 to $0.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tencent Music Entertainment Group is 31.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Tencent Music Entertainment Group is 31.57, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.35.Price to Earnings Growth RatioTencent Music Entertainment Group has a PEG Ratio of 0.77. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTencent Music Entertainment Group has a P/B Ratio of 3.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.23% of the float of Tencent Music Entertainment Group has been sold short.Short Interest Ratio / Days to CoverTencent Music Entertainment Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tencent Music Entertainment Group has recently increased by 1.31%, indicating that investor sentiment is decreasing. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldTencent Music Entertainment Group pays a meaningful dividend of 1.07%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTencent Music Entertainment Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Tencent Music Entertainment Group is 20.24%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Tencent Music Entertainment Group will have a dividend payout ratio of 21.52% next year. This indicates that Tencent Music Entertainment Group will be able to sustain or increase its dividend.Read more about Tencent Music Entertainment Group's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted3.23% of the float of Tencent Music Entertainment Group has been sold short.Short Interest Ratio / Days to CoverTencent Music Entertainment Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tencent Music Entertainment Group has recently increased by 1.31%, indicating that investor sentiment is decreasing. News and Social Media3.9 / 5News Sentiment1.10 News SentimentTencent Music Entertainment Group has a news sentiment score of 1.10. 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 higher news sentiment than the 0.72 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Tencent Music Entertainment Group this week, compared to 8 articles on an average week.Search Interest5 people have searched for TME on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat Follows3 people have added Tencent Music Entertainment Group to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Company Ownership0.0 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Tencent Music Entertainment Group insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 24.32% of the stock of Tencent Music Entertainment Group is held by institutions.Read more about Tencent Music Entertainment Group's insider trading history. Receive TME Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tencent Music Entertainment Group and its competitors with MarketBeat's FREE daily newsletter. Email Address TME Stock News HeadlinesThese 3 Rock Star Entertainment Stocks Are Dominating 2025 (TME)Despite the uninspiring performance of the overall market in 2025, several entertainment stocks are stealing the show with returns of over 20%.May 7, 2025 | marketbeat.comTencent Music Entertainment Group (NYSE:TME) Q1 2025 Earnings Report Shows Revenue GrowthMay 20 at 11:14 PM | finance.yahoo.comBanks aren’t ready for this altcoin—are you?While everyone's distracted by Bitcoin's moves, a stealth revolution is underway. One altcoin is quietly positioning itself to overthrow the entire banking system.May 20, 2025 | Crypto 101 Media (Ad)Tencent Music Entertainment Group to Hold Annual General Meeting on June 27, 2025May 20 at 5:05 AM | prnewswire.comJ.P. Morgan Reaffirms Their Buy Rating on Tencent Music Entertainment Group (TME)May 17 at 8:12 PM | theglobeandmail.comAnalysts Offer Insights on Communication Services Companies: Paramount Global Class B (PARA) and Tencent Music Entertainment Group (TME)May 15, 2025 | theglobeandmail.comWhy Tencent Music Entertainment Group (TME) Skyrocketed On WednesdayMay 15, 2025 | msn.comBrokerages Set Tencent Music Entertainment Group (NYSE:TME) Target Price at $15.00May 15, 2025 | americanbankingnews.comSee More Headlines TME Stock Analysis - Frequently Asked Questions How have TME shares performed this year? Tencent Music Entertainment Group's stock was trading at $11.35 at the start of the year. Since then, TME shares have increased by 50.2% and is now trading at $17.05. View the best growth stocks for 2025 here. How were Tencent Music Entertainment Group's earnings last quarter? Tencent Music Entertainment Group (NYSE:TME) posted its earnings results on Tuesday, November, 14th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.63. Tencent Music Entertainment Group's revenue for the quarter was down 10.8% compared to the same quarter last year. Read the conference call transcript. When did Tencent Music Entertainment Group IPO? Tencent Music Entertainment Group (TME) raised $1.1 billion in an IPO on Wednesday, December 12th 2018. The company issued 82,000,000 shares at $13.00-$15.00 per share. Morgan Stanley, Goldman Sachs (Asia), J.P. Morgan, Deutsche Bank Securities and BofA Merrill Lynch acted as the underwriters for the IPO and Credit Suisse, CICC, Allen & Company, BOCI, China Renaissance. HSBC, KeyBanc Capital Markets and Stifel were co-managers. Who are Tencent Music Entertainment Group's major shareholders? Tencent Music Entertainment Group's top institutional shareholders include Vanguard Group Inc. (1.75%), Krane Funds Advisors LLC (1.40%), Invesco Ltd. (1.20%) and Baillie Gifford & Co. (1.18%). How do I buy shares of Tencent Music Entertainment Group? Shares of TME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Tencent Music Entertainment Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Tencent Music Entertainment Group investors own include Zomedica (ZOM), NVIDIA (NVDA), Meta Platforms (META), Alibaba Group (BABA), Advanced Micro Devices (AMD), NIO (NIO) and PayPal (PYPL). Company Calendar Last Earnings11/14/2023Record date for 4/24 Dividend4/03/2025Ex-Dividend for 4/24 Dividend4/03/2025Dividend Payable4/24/2025Today5/20/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Radio broadcasting stations Sub-IndustryCommunication Current SymbolNYSE:TME CIK1744676 Webwww.tencentmusic.com Phone8675586013388FaxN/AEmployees5,970Year Founded2016Price Target and Rating Average Stock Price Target$15.00 High Stock Price Target$17.00 Low Stock Price Target$13.00 Potential Upside/Downside-12.0%Consensus RatingModerate Buy Rating Score (0-4)2.90 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.84 Trailing P/E Ratio31.57 Forward P/E Ratio27.06 P/E Growth0.77Net Income$695.20 million Net Margins21.53% Pretax Margin26.74% Return on Equity10.67% Return on Assets8.14% Debt Debt-to-Equity Ratio0.09 Current Ratio2.34 Quick Ratio2.34 Sales & Book Value Annual Sales$28.99 billion Price / Sales1.01 Cash Flow$0.69 per share Price / Cash Flow24.80 Book Value$4.71 per share Price / Book3.62Miscellaneous Outstanding Shares1,716,077,000Free FloatN/AMarket Cap$29.26 billion OptionableOptionable Beta0.46 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. 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