-company-of-china-ltd-logo.png "Ping An Insurance (Group) Company of China"){kind=logo}
Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY – Get Rating) – Research analysts at Jefferies Financial Group have lowered their earnings estimates for fiscal 2022 for Ping An Insurance (Group) Company of China in a note issued to investors on Monday, March 17 October. Jefferies Financial Group analyst S. Chen now forecasts the company to report earnings of $1.71 per share for the year, down from its previous estimate of $1.97. The consensus estimate for Ping An Insurance (Group) Company of China’s current full-year earnings is $1.86 per share. Jefferies Financial Group also released estimates for Ping An Insurance (Group) Company of China’s fiscal 2024 earnings of $2.44 per share.
Price history of Ping An Insurance (Group) Company of China
PNGAY opened at $9.33 on Thursday. The company has a market cap of $85.28 billion, a price-to-earnings ratio of 5.59 and a beta of 0.58. The company has a 50-day simple moving average of $10.88 and a 200-day simple moving average of $12.08. Ping An Insurance has a 52-week low of $9.31 and a 52-week high of $17.86.
Ping An Insurance (Group) Company of China cuts dividend
The company also recently announced a dividend, which will be paid on Monday, October 31st. Shareholders of record on Tuesday, September 20 will receive a dividend of $0.2585. That equates to a dividend yield of 5.59%. The ex-dividend date is Monday September 19th. Ping An Insurance (Group) Company of China’s Dividend Payout Ratio (DPR) is currently 29.38%.
About Ping An Insurance (Group) Company of China
(received rating)
Ping An Insurance (Group) Company of China, Ltd. provides financial products and services to insurance, banking, asset management, fintech and healthtech companies in the People’s Republic of China. The Company’s Life and Health segment provides term, life, endowment, annuity, investment-linked, universal life, and health and health insurance to individual and commercial customers.
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