Fanhua (NASDAQ:FANH - Get Rating) will announce its earnings results after the market closes on Monday, November 21st. Analysts expect the company to announce earnings of $0.09 per share for the quarter.
Fanhua (NASDAQ:FANH - Get Rating) last released its earnings results on Tuesday, August 23rd. The financial services provider reported $0.09 EPS for the quarter. Fanhua had a net margin of 1.32% and a return on equity of 7.90%. The firm had revenue of $104.97 million during the quarter. On average, analysts expect Fanhua to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Fanhua Stock Performance
FANH traded down $0.07 during trading on Thursday, reaching $4.80. 2,213 shares of the company's stock were exchanged, compared to its average volume of 75,947. The company's fifty day moving average price is $5.13 and its 200-day moving average price is $5.15. Fanhua has a fifty-two week low of $4.31 and a fifty-two week high of $15.25. The firm has a market capitalization of $257.86 million, a PE ratio of 43.64 and a beta of 0.42.
Analyst Ratings Changes
A number of analysts have commented on FANH shares. TheStreet raised shares of Fanhua from a "d+" rating to a "c-" rating in a report on Monday, September 12th. StockNews.com assumed coverage on shares of Fanhua in a report on Wednesday. They issued a "hold" rating for the company.
Hedge Funds Weigh In On Fanhua
Several institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in shares of Fanhua by 4.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 515,624 shares of the financial services provider's stock valued at $2,659,000 after buying an additional 22,356 shares during the period. ExodusPoint Capital Management LP acquired a new position in shares of Fanhua in the 2nd quarter valued at $69,000. Jane Street Group LLC bought a new stake in Fanhua in the 2nd quarter valued at $96,000. Millennium Management LLC bought a new stake in Fanhua in the 2nd quarter valued at $668,000. Finally, Gabelli Funds LLC lifted its position in Fanhua by 63.3% in the 1st quarter. Gabelli Funds LLC now owns 24,500 shares of the financial services provider's stock valued at $178,000 after acquiring an additional 9,500 shares in the last quarter. Institutional investors and hedge funds own 19.77% of the company's stock.
Fanhua Inc, together with its subsidiary, distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products that primarily include individual accident, travel, homeowner, and indemnity medical insurance products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as participating insurance products.
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