NetEase, Inc. (NASDAQ:NTES) Updates On Dividend Release Date


On 2016-08-22, NetEase, Inc. (NASDAQ:NTES) confirmed the dividend disbursement of $0.777 a share to shareholders as on record 2016-08-31. The firm will release dividend on 2016-09-09 while ex-dividend date is reported to be 2016-08-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, NetEase, Inc. (NASDAQ:NTES) paid a total of $0.777 per share in dividends. This figure stood at $0.777 a share in the same period a year ago indicating a deviation of -27.459%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $219.5 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $256 and $192, respectively.

Taking the mathematical rating formula, the price for NetEase, Inc. (NASDAQ:NTES) stands at 2. Earnings Review NetEase, Inc. (NASDAQ:NTES) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-09. For the period ending on 2016-09-30, experts are expecting EPS of $3.09.

Coming to the quarter ending on 2015-12-31, NetEase, Inc. (NASDAQ:NTES) recorded EPS of $3.4. The reported numbers came lower than the analysts’ estimates of $2.56, demonstrating a miss of $0.84 as against reported figures.

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