Waterdrop (NYSE:WDH - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.24), Zacks reports. Waterdrop had a return on equity of 7.02% and a net margin of 11.69%. The company had revenue of $97.08 million during the quarter, compared to analysts' expectations of $761.08 million.
Waterdrop Stock Up 1.7%
NYSE:WDH traded up $0.03 during mid-day trading on Friday, hitting $1.48. 47,728 shares of the stock traded hands, compared to its average volume of 230,057. The stock has a market capitalization of $534.65 million, a price-to-earnings ratio of 12.29 and a beta of -0.29. Waterdrop has a 52 week low of $0.97 and a 52 week high of $1.57. The firm's 50 day moving average is $1.34 and its two-hundred day moving average is $1.27.
Waterdrop Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Friday, April 11th were given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend was Friday, April 11th. Waterdrop's dividend payout ratio is 21.43%.
Analyst Ratings Changes
Separately, Wall Street Zen raised shares of Waterdrop from a "hold" rating to a "buy" rating in a research report on Friday, May 30th.
Read Our Latest Stock Analysis on Waterdrop
Waterdrop Company Profile
(
Get Free Report)
Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.
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