China Life Insurance Stock Forecast, Price & News

Wall Street analysts have given China Life Insurance a "N/A" 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 Life Insurance wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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China Life Insurance saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 1,600,000 shares, an increase of 27.0% from the January 14th total of 1,260,000 shares. Based on an average trading volume of 427,500 shares, the days-to-cover ratio is presently 3.7 days.
View China Life Insurance's Short Interest.

China Life Insurance is scheduled to release its next quarterly earnings announcement on Thursday, March 25th 2021.
View our earnings forecast for China Life Insurance.

China Life Insurance Company Limited (NYSE:LFC) posted its quarterly earnings data on Thursday, October, 25th. The financial services provider reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.39 by $0.30. The financial services provider earned $19.76 billion during the quarter. China Life Insurance had a trailing twelve-month return on equity of 11.22% and a net margin of 5.94%.
View China Life Insurance's earnings history.

China Life Insurance's stock was trading at $10.78 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LFC stock has increased by 1.8% and is now trading at $10.97.
View which stocks have been most impacted by COVID-19.

China Life Insurance announced an annual dividend on Wednesday, May 20th. Stockholders of record on Tuesday, July 7th will be given a dividend of $0.5134 per share on Wednesday, September 2nd. This represents a yield of 0.9%. The ex-dividend date of this dividend is Monday, July 6th. This is a boost from China Life Insurance's previous annual dividend of $0.12.
View China Life Insurance's dividend history.

China Life Insurance pays an annual dividend of $0.44 per share and currently has a dividend yield of 4.01%. LFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of China Life Insurance is 29.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, China Life Insurance will have a dividend payout ratio of 31.21% next year. This indicates that China Life Insurance will be able to sustain or increase its dividend.
View China Life Insurance's dividend history.

China Life Insurance's stock split before market open on Wednesday, May 27th 2015. The 3-1 split was announced on Monday, May 11th 2015. The newly minted shares were issued to shareholders after the closing bell on Tuesday, May 26th 2015. An investor that had 100 shares of China Life Insurance stock prior to the split would have 300 shares after the split.

12 employees have rated China Life Insurance CEO Yang Mingsheng on Glassdoor.com. Yang Mingsheng has an approval rating of 57% among China Life Insurance's employees. This puts Yang Mingsheng in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to China Life Insurance include AIA Group (AAGIY), AXA (AXAHY), Prudential (PUK), MetLife (MET), Manulife Financial (MFC), Prudential Financial (PRU), Swiss Re (SSREY), Sun Life Financial (SLF), Aviva (AVVIY), Legal & General Group Plc (LGEN.L) (LGEN), Aegon (AEG), Lincoln National (LNC), Sony Financial (SNYFY), Globe Life (GL) and Athene (ATH).
View all of LFC's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other China Life Insurance investors own include Verizon Communications (VZ), Bank of America (BAC), Bristol-Myers Squibb (BMY), Cisco Systems (CSCO), AbbVie (ABBV), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Morgan Stanley (MS) and Target (TGT).

China Life Insurance trades on the New York Stock Exchange (NYSE) under the ticker symbol "LFC."

China Life Insurance's stock is owned by a number of institutional and retail investors. Top institutional investors include Northern Trust Corp (0.05%), Credit Suisse AG (0.02%), Renaissance Technologies LLC (0.02%), Aperio Group LLC (0.01%), Fosun International Ltd (0.01%) and Augustine Asset Management Inc. (0.00%).

LFC stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, LMR Partners LLP, Aperio Group LLC, Renaissance Technologies LLC, Wetherby Asset Management Inc., Signaturefd LLC, Augustine Asset Management Inc., and FNY Investment Advisers LLC.

LFC stock was acquired by a variety of institutional investors in the last quarter, including Fosun International Ltd, Credit Suisse AG, MARSHALL WACE ASIA Ltd, First Trust Advisors LP, Eqis Capital Management Inc., Assetmark Inc., Guggenheim Capital LLC, and Brandywine Oak Private Wealth LLC.

Shares of LFC 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.
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One share of LFC stock can currently be purchased for approximately $10.97.

China Life Insurance has a market capitalization of $62.01 billion and generates $105.55 billion in revenue each year. The financial services provider earns $8.43 billion in net income (profit) each year or $1.48 on an earnings per share basis.

China Life Insurance employs 103,826 workers across the globe.

China Life Insurance was founded in 1931.

The official website for China Life Insurance is www.e-chinalife.com.

China Life Insurance is headquartered at 12F CHINA LIFE PLAZA A NO.16 FINANCIAL STREET XICHENG DISTRICT, BEIJING F4, 100033.

China Life Insurance's mailing address is 12F CHINA LIFE PLAZA A NO.16 FINANCIAL STREET XICHENG DISTRICT, BEIJING F4, 100033. The financial services provider can be reached via phone at 86-10-6363-1191 or via email at [email protected]