NYSE:TME Tencent Music Entertainment Group (TME) Stock Price, News & Analysis $13.42 -0.13 (-0.96%) As of 03:59 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions 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$13.25▼$13.5350-Day Range$11.96▼$15.1052-Week Range$9.41▼$15.77Volume2.09 million shsAverage Volume8.27 million shsMarket Capitalization$23.03 billionP/E Ratio24.85Dividend Yield1.27%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™ Stocks75th Percentile Overall ScoreTME MarketRank™: Tencent Music Entertainment Group scored higher than 75% of companies evaluated by MarketBeat, and ranked 138th out of 276 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 only been the subject of 4 research reports in the past 90 days.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 24.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Tencent Music Entertainment Group is 24.85, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.39.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 2.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Tencent Music Entertainment Group's valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.19% 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 2.6, 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 decreased by 24.89%, indicating that investor sentiment is improving significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldTencent Music Entertainment Group pays a meaningful dividend of 1.31%, 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 28.81%. 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 Shorted3.19% 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 2.6, 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 decreased by 24.89%, indicating that investor sentiment is improving significantly. News and Social Media2.8 / 5News Sentiment0.96 News SentimentTencent Music Entertainment Group has a news sentiment score of 0.96. 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 0.84 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Tencent Music Entertainment Group this week, compared to 8 articles on an average week.Search InterestOnly 1 people have searched for TME on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Tencent Music Entertainment Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 HeadlinesTencent Music Entertainment Group (NYSE:TME) Full-Year Results: Here's What Analysts Are Forecasting For This YearApril 27 at 3:39 PM | finance.yahoo.comTencent Music in talks to buy China podcasting startup Ximalaya, Bloomberg saysApril 26, 2025 | markets.businessinsider.comElon Reveals Why There Soon Won’t Be Any Money For Social SecurityElon Musk's Near-Death Experience Sparks Dire Warning for Americans After cheating death twice—once in a terrifying supercar crash with billionaire Peter Thiel, then from a deadly strain of malaria—Elon Musk emerged with a stark warning for Americans about looming financial dangers. Discover the little-known Trump IRS loophole that thousands are now using to safeguard their retirement from inflation and market turmoil—before it's too late.April 30, 2025 | Colonial Metals (Ad)Tencent Music Reportedly Prepares to Acquire Podcast Platform Ximalaya in $2.4 Billion DealApril 26, 2025 | msn.comTencent Music Entertainment Group (NYSE:TME) In Talks For US$2.4 Billion Ximalaya AcquisitionApril 26, 2025 | finance.yahoo.comTencent Music in talks to buy China's Ximalaya for $2.4 billion, Bloomberg News reportsApril 25, 2025 | reuters.comTencent Music in Talks to Buy Ximalaya for $2.4 BillionApril 25, 2025 | msn.comTencent Music Entertainment Group Releases 2024 ESG Report | TME Stock NewsApril 23, 2025 | gurufocus.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 on January 1st, 2025. Since then, TME shares have increased by 18.2% and is now trading at $13.42. View the best growth stocks for 2025 here. How were Tencent Music Entertainment Group's earnings last quarter? Tencent Music Entertainment Group (NYSE:TME) issued its quarterly earnings data on Tuesday, November, 14th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.63. The firm's revenue for the quarter was down 10.8% on a year-over-year basis. Read the conference call transcript. When did Tencent Music Entertainment Group IPO? Tencent Music Entertainment Group (TME) raised $1.1 billion in an initial public offering 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? Top institutional shareholders of Tencent Music Entertainment Group include Krane Funds Advisors LLC (1.40%), Allspring Global Investments Holdings LLC (0.36%), Mirae Asset Global Investments Co. Ltd. (0.26%) and Marathon Asset Management Ltd (0.19%). 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 Payable4/24/2025Today4/30/2025Next Earnings (Estimated)5/13/2025Fiscal 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+12.1%Consensus RatingModerate Buy Rating Score (0-4)2.90 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.59 Trailing P/E Ratio24.81 Forward P/E Ratio21.25 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$28.40 billion Price / Sales0.81 Cash Flow$0.54 per share Price / Cash Flow24.80 Book Value$4.71 per share Price / Book2.84Miscellaneous Outstanding Shares1,716,077,000Free FloatN/AMarket Cap$22.97 billion OptionableOptionable Beta0.50 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? 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