NYSE:CHL

China Mobile Stock Forecast, Price & News

$27.51

0.00 (0.00 %)

(As of 01/15/2021 12:00 AM ET)

Add

Compare

Today's Range

$27.51

Now: $27.51▼

$27.51

50-Day Range

$26.10

MA: $28.70▼

$30.51

52-Week Range

$25.35

Now: $27.51▼

$44.93

VolumeN/A

Average Volume5.28 million shs

Market Capitalization$112.66 billion

P/E Ratio7.40

Dividend Yield6.46%

Beta0.47

China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong. The company offers local calls; domestic and international long distance calls and roaming services; and value-added services, such as caller identity display, call waiting, conference calls, and others. It also provides wireless Internet service, as well as digital applications comprising music, video, reading, gaming, and animation; wireline broadband services; and wireline voice services. In addition, it offers dedicated line and IDC services to corporate customers in a range of industry sectors; and basic corporate communication products comprising corporate VPMN and SMS, and tailor made solutions. Further, the company provides international telecommunications services, which includes IDD, roaming, Internet, MNC, and value added business services. Additionally, it offers telecommunications network planning, design, and consulting services; roaming clearance, IT system operation, and technology support services; value-added platform development and maintenance services; mobile data, and system integration and development services; network construction and maintenance, network planning and optimizing, and training services; electronic communication products design and sale of related products; and non-banking financial services. It also provides mobile cloud research and development services; call center services; e-payment, e-commerce, and Internet finance services; and mobile Internet digital content services, as well as operates a network and business coordination center. The company serves 950 million mobile customers and 187 million wireline broadband customers. The company was formerly known as China Mobile (Hong Kong) Limited and changed its name to China Mobile Limited in May 2006. The company was incorporated in 1997 and is based in Central, Hong Kong. China Mobile Limited is a subsidiary of China Mobile Hong Kong (BVI) Limited.

MarketRank^™

Overall MarketRank^™

2.24 out of 5 stars

Computer And Technology Sector

22nd out of 1,259 stocks

Telephone Communication, Except Radio Industry

4th out of 75 stocks

3.2 Analyst's Opinion

Consensus Rating
China Mobile has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $49.00, China Mobile has a forecasted upside of 78.1% from its current price of $27.51.
Amount of Analyst Coverage
China Mobile has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
China Mobile has received 394 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
China Mobile has received 515 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
China Mobile has received 56.66% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about China Mobile and other stocks. Vote “Outperform” if you believe CHL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CHL will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
China Mobile is a leading dividend payer. It pays a dividend yield of 6.46%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
China Mobile does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of China Mobile is 47.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, China Mobile will have a dividend payout ratio of 45.41% next year. This indicates that China Mobile will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, China Mobile insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 1.92% of the stock of China Mobile is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for China Mobile are expected to grow by 4.26% in the coming year, from $3.76 to $3.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of China Mobile is 7.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of China Mobile is 7.40, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 92.34.
Price to Book Value per Share Ratio
China Mobile has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Telephone communication, except radio

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:CHL

Previous Symbol

CUSIPN/A

CIK1117795

Webwww.chinamobileltd.com

Phone852-3121-8888

Employees456,239

Debt

Debt-to-Equity RatioN/A

Current Ratio1.11

Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio7.40

Forward P/E Ratio7.32

P/E GrowthN/A

Sales & Book Value

Annual Sales$107.14 billion

Price / Sales1.05

Cash Flow$10.19 per share

Price / Cash Flow2.70

Book Value$39.13 per share

Price / Book0.70

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares4,095,100,000

Market Cap$112.66 billion

Next Earnings Date3/19/2021 (Estimated)

OptionableOptionable

$27.51

0.00 (0.00 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive CHL News and Ratings via Email

Sign-up to receive the latest news and ratings for CHL and its competitors with MarketBeat's FREE daily newsletter.

China Mobile (NYSE:CHL) Frequently Asked Questions

How has China Mobile's stock price been impacted by Coronavirus (COVID-19)?

China Mobile's stock was trading at $36.71 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CHL shares have decreased by 25.1% and is now trading at $27.51.
View which stocks have been most impacted by COVID-19.

Is China Mobile a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for China Mobile in the last year. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" China Mobile stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHL, but not buy additional shares or sell existing shares.
View analyst ratings for China Mobile or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than China Mobile?

Wall Street analysts have given China Mobile a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but China Mobile wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is China Mobile's next earnings date?

China Mobile is scheduled to release its next quarterly earnings announcement on Friday, March 19th 2021.
View our earnings forecast for China Mobile.

How often does China Mobile pay dividends? What is the dividend yield for China Mobile?

China Mobile declared a semi-annual dividend on Friday, August 14th. Stockholders of record on Thursday, August 27th will be given a dividend of $0.9871 per share on Friday, October 9th. This represents a dividend yield of 5%. The ex-dividend date is Wednesday, August 26th.
View China Mobile's dividend history.

Is China Mobile a good dividend stock?

China Mobile pays an annual dividend of $1.78 per share and currently has a dividend yield of 6.46%. CHL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of China Mobile is 47.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, China Mobile will have a dividend payout ratio of 45.41% next year. This indicates that China Mobile will be able to sustain or increase its dividend.
View China Mobile's dividend history.

What price target have analysts set for CHL?

3 equities research analysts have issued 12 month price objectives for China Mobile's shares. Their forecasts range from $49.00 to $49.00. On average, they expect China Mobile's stock price to reach $49.00 in the next year. This suggests a possible upside of 78.1% from the stock's current price.
View analysts' price targets for China Mobile or view Wall Street analyst' top-rated stocks.

Who are some of China Mobile's key competitors?

Some companies that are related to China Mobile include Verizon Communications (VZ), AT&T (T), SoftBank Group (SFTBY), Nippon Telegraph and Telephone (NTTYY), América Móvil (AMX), BCE (BCE), Vivendi (VIVHY), Orange (ORAN), Singapore Telecommunications (SGAPY), Telstra (TLSYY), Swisscom (SCMWY), Telenor ASA (TELNY), Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK), Telefónica (TEF) and China Telecom (CHA).
View all of CHL's competitors.

What other stocks do shareholders of China Mobile own?

Based on aggregate information from My MarketBeat watchlists, some companies that other China Mobile investors own include Alibaba Group (BABA), Cisco Systems (CSCO), AT&T (T), Intel (INTC), QUALCOMM (QCOM), Micron Technology (MU), Bank of America (BAC), AbbVie (ABBV), Verizon Communications (VZ) and Walmart (WMT).

Who are China Mobile's key executives?

China Mobile's management team includes the following people:

Mr. Jie Yang, Exec. Chairman (Age 57)
Mr. Xin Dong, CEO & Exec. Director (Age 53)
Mr. Yuhang Wang, Exec. Director (Age 58)
Mr. Jie Huang, Gen. Mang. of Fin. Department
Mr. Ronghua Li, CFO & Exec. Director (Age 54)
Ms. Wai Lan Wong, Company Sec.
Dr. Tiger Lin, Chairman of China Mobile International Ltd and CEO of China Mobile International Ltd

What is China Mobile's stock symbol?

China Mobile trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHL."

Who are China Mobile's major shareholders?

China Mobile's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Crossmark Global Holdings Inc. (0.00%), Gradient Investments LLC (0.00%), Patriot Financial Group Insurance Agency LLC (0.00%) and Westside Investment Management Inc. (0.00%).

Which major investors are selling China Mobile stock?

CHL stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., Westside Investment Management Inc., and Gradient Investments LLC.

Which major investors are buying China Mobile stock?

CHL stock was bought by a variety of institutional investors in the last quarter, including Patriot Financial Group Insurance Agency LLC.

How do I buy shares of China Mobile?

Shares of CHL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is China Mobile's stock price today?

One share of CHL stock can currently be purchased for approximately $27.51.

How big of a company is China Mobile?

China Mobile has a market capitalization of $112.66 billion and generates $107.14 billion in revenue each year. The Wireless communications provider earns $15.43 billion in net income (profit) each year or $3.72 on an earnings per share basis. China Mobile employs 456,239 workers across the globe.

What is China Mobile's official website?

The official website for China Mobile is www.chinamobileltd.com.

How can I contact China Mobile?

China Mobile's mailing address is 60TH FLOOR THE CENTER 99 QUEENS ROAD CEN, HONG KONG F4, . The Wireless communications provider can be reached via phone at 852-3121-8888 or via email at [email protected]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here