Weibo (WB) Projected to Post Quarterly Earnings on Wednesday

Weibo (NASDAQ:WB) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 21st. Analysts expect the company to announce earnings of $0.33 per share and revenue of $394.21 million for the quarter.

Weibo Stock Up 0.6%

WB opened at $8.50 on Monday. Weibo has a twelve month low of $7.03 and a twelve month high of $12.40. The company’s 50-day moving average price is $8.78 and its two-hundred day moving average price is $9.45. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 5.82 and a beta of 0.01. The company has a quick ratio of 3.57, a current ratio of 3.57 and a debt-to-equity ratio of 0.51.

Weibo Dividend Announcement

The business also recently announced an annual dividend, which was paid on Thursday, May 15th. Stockholders of record on Wednesday, April 9th were given a dividend of $0.82 per share. This represents a dividend yield of 7.77%. The ex-dividend date was Wednesday, April 9th. Weibo’s dividend payout ratio is currently 68.97%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Weibo from a “buy” rating to a “hold” rating in a report on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $9.75.

Institutional Trading of Weibo

A hedge fund recently bought a new stake in Weibo stock. AQR Capital Management LLC purchased a new position in Weibo Co. (NASDAQ:WB) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 12,339 shares of the information services provider’s stock, valued at approximately $117,000. Hedge funds and other institutional investors own 68.77% of the company’s stock.

About Weibo

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People’s Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform.