Tencent Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last twelve months. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Tencent stock.
View analyst ratings for Tencent or view top-rated stocks.

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Tencent is scheduled to release its next quarterly earnings announcement on Wednesday, March 17th 2021.
View our earnings forecast for Tencent.

Tencent Holdings Limited (OTCMKTS:TCEHY) posted its quarterly earnings results on Wednesday, March, 18th. The technology company reported $0.32 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.34 by $0.02. The technology company earned $15.02 billion during the quarter, compared to the consensus estimate of $14.76 billion. Tencent had a trailing twelve-month return on equity of 18.76% and a net margin of 26.91%.
View Tencent's earnings history.

Tencent's stock was trading at $49.56 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TCEHY stock has increased by 75.1% and is now trading at $86.77.
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Tencent pays an annual dividend of $0.14 per share and currently has a dividend yield of 0.16%. The dividend payout ratio of Tencent is 11.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tencent will have a dividend payout ratio of 6.42% next year. This indicates that Tencent will be able to sustain or increase its dividend.
View Tencent's dividend history.

10 Wall Street analysts have issued 1-year target prices for Tencent's stock. Their forecasts range from $69.03 to $115.00. On average, they expect Tencent's share price to reach $85.37 in the next year. This suggests that the stock has a possible downside of 1.6%.
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Some companies that are related to Tencent include SEA (SE), Johnson Controls International (JCI), Balfour Beatty (BAFYY), NV5 Global (NVEE), Flight Centre Travel Group (FGETF), Donnelley Financial Solutions (DFIN), COMTEX News Network (CMTX), Monitronics International (SCTY), Altisource Portfolio Solutions (ASPS), Performant Financial (PFMT), Applied DNA Sciences (APDN), Twin Vee PowerCats (TVPC), Helios and Matheson Analytics (HMNY), Generation Alpha (GNAL) and Sharing Economy International (SEIID).
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Tencent trades on the OTCMKTS under the ticker symbol "TCEHY."

Shares of TCEHY 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 TCEHY stock can currently be purchased for approximately $86.77.

Tencent has a market capitalization of $831.85 billion and generates $53.57 billion in revenue each year. The technology company earns $13.50 billion in net income (profit) each year or $1.21 on an earnings per share basis.

Tencent employs 77,592 workers across the globe.

The official website for Tencent is www.tencent.com.

Tencent is headquartered at Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057.

Tencent's mailing address is Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. The technology company can be reached via phone at 86-755-8601-3388 or via email at [email protected]