Internet Initiative Japan - IIJIY Stock Forecast, Price & News

Internet Initiative Japan's stock was trading at $40.62 at the start of the year. Since then, IIJIY shares have decreased by 16.5% and is now trading at $33.93.
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Internet Initiative Japan saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 100 shares, a decline of 75.0% from the October 15th total of 400 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 0.1 days.
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Internet Initiative Japan Inc. (OTCMKTS:IIJIY) released its quarterly earnings results on Tuesday, August, 10th. The communications equipment provider reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.23. The communications equipment provider earned $483.98 million during the quarter, compared to the consensus estimate of $499.69 million. Internet Initiative Japan had a trailing twelve-month return on equity of 15.97% and a net margin of 7.13%.

Internet Initiative Japan (OTCMKTS:IIJIY) pays an annual dividend of $0.14 per share and currently has a dividend yield of 0.40%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IIJIY will have a dividend payout ratio of 8.05% next year. This indicates that the company will be able to sustain or increase its dividend.

Internet Initiative Japan trades on the OTCMKTS under the ticker symbol "IIJIY."

Shares of IIJIY 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 IIJIY stock can currently be purchased for approximately $33.93.

Internet Initiative Japan (OTCMKTS:IIJIY) has a market capitalization of $3.17 billion and generates $2.02 billion in revenue each year. The communications equipment provider earns $139.48 million in net income (profit) each year or $1.55 on an earnings per share basis.

The company employs 4,147 workers across the globe.

Internet Initiative Japan's mailing address is Iidabashi Grand Bloom 2-10-2 Fujimi Chiyoda-ku, TOKYO M0, 102-0071. The official website for the company is www.iij.ad.jp. The communications equipment provider can be reached via phone at (135) 205-6500, via email at ir@iij.ad.jp, or via fax at 813-5205-6441.