JOYY (YY) Stock Price, News & Analysis

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" YY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in YY, but not buy additional shares or sell existing shares.
View YY analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued twelve-month price targets for JOYY's shares. Their YY share price targets range from $35.00 to $49.00. On average, they anticipate the company's stock price to reach $42.00 in the next year. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for YY or view top-rated stocks among Wall Street analysts.

JOYY's stock was trading at $39.70 on January 1st, 2024. Since then, YY stock has decreased by 17.7% and is now trading at $32.66.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our YY earnings forecast.

JOYY Inc. (NASDAQ:YY) released its earnings results on Monday, March, 18th. The information services provider reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.13. The information services provider had revenue of $569.84 million for the quarter, compared to analyst estimates of $572.51 million. JOYY had a trailing twelve-month return on equity of 5.13% and a net margin of 13.31%. During the same quarter in the previous year, the firm earned $0.49 earnings per share.

JOYY announced a quarterly dividend on Thursday, September 7th. Shareholders of record on Tuesday, September 26th will be given a dividend of $0.20 per share on Friday, October 13th. This represents a $0.80 annualized dividend and a dividend yield of 2.45%. The ex-dividend date of this dividend is Monday, September 25th.
Read our dividend analysis for YY.

JOYY (NASDAQ:YY) pays an annual dividend of $0.70 per share and currently has a dividend yield of 2.22%. The dividend payout ratio is 14.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, YY will have a dividend payout ratio of 18.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for YY.

ETFs with the largest weight of JOYY (NASDAQ:YY) stock in their portfolio include First Trust S-Network Streaming and Gaming ETF (BNGE), Global X MSCI China Communication Services ETF (CHIC), Direxion Work From Home ETF (WFH), Principal Millennial Global Growth ETF (GENY), iShares Virtual Work and Life Multisector ETF (IWFH), SoFi Be Your Own Boss ETF (BYOB), SoFi Be Your Own Boss ETF (GIGE) and Invesco Golden Dragon China ETF (PGJ).

JOYY issued an update on its first quarter 2024 earnings guidance on Tuesday, March, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $543.0 million-$560.0 million, compared to the consensus revenue estimate of $579.5 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other JOYY investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Precision Drilling (PD) and NIC (EGOV).

Shares of YY 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.
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