Tencent Music Entertainment Group ADR (NYSE:TME)’s traded shares stood at 1.3 million during the latest session, with the company’s beta value hitting 0.49. At the last check today, the stock’s price was $21.43, to imply an increase of 0.94% or $0.2 in intraday trading. The TME share’s 52-week high remains $22.50, putting it -4.99% down since that peak but still an impressive 56.09% since price per share fell to its 52-week low of $9.41. The company has a valuation of $14.99B, with an average of 6.39 million shares in intraday trading volume over the past 10 days and average of 6.53 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Tencent Music Entertainment Group ADR (TME), translating to a mean rating of 1.45. Of 10 analyst(s) looking at the stock, 0 analyst(s) give TME a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 8 recommend it as a Buy.
Tencent Music Entertainment Group ADR (NYSE:TME) trade information
After registering a 0.94% upside in the latest session, Tencent Music Entertainment Group ADR (TME) has traded red over the past five days. The 5-day price performance for the stock is 0.00%, and 14.42% over 30 days. With these gigs, the year-to-date price performance is 40.25%. Short interest in Tencent Music Entertainment Group ADR (NYSE:TME) saw shorts transact 22.43 million shares and set a 3.68 days time to cover.
The extremes give us $26.2 and $26.2 for target low and target high price respectively. As such, TME has been trading -22.26% off suggested target high and -22.26% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 11.19% for the past 5-year period. While 2025 is set for a 47.84% return in earnings, projections for the next 5 years are at 19.73% annually.
TME Dividends
Tencent Music Entertainment Group ADR has its next earnings report out on 2025-Jun-26. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Tencent Music Entertainment Group ADR has a forward dividend ratio of 0.18, with the share yield ticking at 0.84% to continue the rising pattern observed over the past year.
Tencent Music Entertainment Group ADR (NYSE:TME)’s Major holders
In total, 76.91% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 31.29 million shares (or 2.0266% of shares), all amounting to roughly $439.57 million.
The next major institution holding the largest number of shares is INVESCO LTD. with 26.56 million shares, or about 1.7204% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $373.16 million.
We also have Krane Shares Trust-KraneShares CSI China Internet ETF and New World Fund Inc as the top two Mutual Funds with the largest holdings of the Tencent Music Entertainment Group ADR (TME) shares. Going by data provided on Mar 31, 2025 , Krane Shares Trust-KraneShares CSI China Internet ETF holds roughly 22.28 shares. This is just over 2.60% of the total shares, with a market valuation of $476.09 million. Data from the same date shows that the other fund manager holds a little less at 11.26, or 1.31% of the shares, all valued at about 240.63 million.
