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OTCMKTS:PNGAY

Ping An Insurance (Group) Company of China (PNGAY) Stock Price, News & Analysis

$9.33
+0.09 (+0.97%)
(As of 07/12/2024 ET)
Today's Range
$9.33
$9.53
50-Day Range
$9.01
$11.71
52-Week Range
$7.60
$14.70
Volume
300,802 shs
Average Volume
227,966 shs
Market Capitalization
$85.28 billion
P/E Ratio
7.12
Dividend Yield
7.61%
Price Target
N/A

Ping An Insurance (Group) Company of China MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.46mentions of Ping An Insurance (Group) Company of China in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.46%
From $1.83 to $1.93 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.66 out of 5 stars

PNGAY stock logo

About Ping An Insurance (Group) Company of China Stock (OTCMKTS:PNGAY)

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People's Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments. Its Life and Health Insurance segment offers term, whole-life, endowment, annuity, investment-linked, universal life, and health care and medical insurance to individual and corporate customers. The company's Property and Casualty Insurance segment provides auto, non-auto, and accident and health insurance to individual and corporate customers. Its Banking segment undertakes loan and intermediary businesses with corporate and retail customers; and offers wealth management and credit card services to individual customers. The company's Asset Management segment provides trust products services, brokerage services, trading services, investment banking services, investment management, finance lease, and other asset management services. Its Technology segment offers financial and daily-life services through internet platforms, such as financial transaction information service, and health care service platforms. The company also provides annuity insurance, IT and business process outsourcing, real estate investment and management, futures brokerage, project investment, currency brokerage, property agency, fund raising and distribution, real estate development and leasing, and insurance agency services. In addition, it provides factoring, equity investment, logistics and warehousing, management consulting, e-commerce, and credit information services; and operates an expressway, as well as produces and sells consumer chemicals. The company was incorporated in 1988 and is based in Shenzhen, China.

PNGAY Stock Price History

PNGAY Stock News Headlines

Billionaire opens new pathway to wealth for investors
I’ve been a financial analyst for almost three decades, but I don’t think I’ve ever seen anything quite like this before.
Billionaire opens new pathway to wealth for investors
I’ve been a financial analyst for almost three decades, but I don’t think I’ve ever seen anything quite like this before.
Ping An Releases 2023 Sustainability Report
See More Headlines
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Company Calendar

Last Earnings
4/23/2024
Ex-Dividend for 8/5 Dividend
6/11/2024
Today
7/14/2024
Dividend Payable
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Insurance carriers, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:PNGAY
CIK
N/A
Employees
500,000
Year Founded
1988

Profitability

Net Income
$12.10 billion
Pretax Margin
11.64%

Debt

Sales & Book Value

Annual Sales
$146.00 billion
Cash Flow
$1.67 per share
Book Value
$19.00 per share

Miscellaneous

Outstanding Shares
9,140,120,000
Free Float
9,134,636,000
Market Cap
$85.28 billion
Optionable
Not Optionable
Beta
0.41

Social Links

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Key Executives

  • Mr. Mingzhe Ma (Age 68)
    Founder & Executive Chairman
    Comp: $495.02k
  • Mr. Yonglin Xie Ph.D. (Age 56)
    Co-CEO, President & Executive Director
    Comp: $539.59k
  • Mr. Michael Guo (Age 51)
    Co-CEO & Senior VP
    Comp: $299.74k
  • Ms. Xiaolu Zhang (Age 56)
    Compliance Officer & Head of Group Compliance
  • Mr. Baoxin Huang (Age 59)
    Senior VP & GM of Beijing Head Office of the Group
  • Mr. Xiaotao Guo (Age 51)
    Co-Chief Executive Officer
  • Ms. Zhichun Zhang (Age 48)
    CFO & Financial Director
  • Mr. Benjamin Deng (Age 55)
    Assistant President & Chief Investment Officer
  • Mr. James E. Garner
    Chief Strategist & Head of Investor Relations
  • Mr. Sun Jianping (Age 63)
    Chief Human Resources Officer
    Comp: $443.4k

Should I Buy Ping An Insurance (Group) Company of China Stock? PNGAY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Ping An Insurance (Group) Company of China, Ltd.:

  • The stock price of Ping An Insurance (Group) Company of China, Ltd. has recently crossed below its 50-day moving average, potentially indicating a buying opportunity for investors interested in a stock with a history of price recovery.
  • Ping An Insurance (Group) Company of China has a market capitalization of $85.46 billion, reflecting the company's size and stability in the market.
  • The company has a low debt-to-equity ratio of 0.80, indicating a conservative approach to financing its operations.
  • Ping An Insurance (Group) Company of China has consistently increased its dividend payouts, with the latest dividend being higher than the previous one, offering potential income for investors.
  • The company's return on equity of 6.80% showcases its ability to generate profit from shareholders' equity, a key metric for investors assessing financial performance.

Cons

Investors should be bearish about investing in Ping An Insurance (Group) Company of China, Ltd. for these reasons:

  • While the stock price has crossed below its 50-day moving average, investors should be cautious as this could indicate a potential downtrend in the short term.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, June 27, 2024. Please send any questions or comments about these Ping An Insurance (Group) Company of China pros and cons to contact@marketbeat.com.

PNGAY Stock Analysis - Frequently Asked Questions

How have PNGAY shares performed this year?

Ping An Insurance (Group) Company of China's stock was trading at $9.02 at the beginning of 2024. Since then, PNGAY stock has increased by 3.4% and is now trading at $9.33.
View the best growth stocks for 2024 here
.

How were Ping An Insurance (Group) Company of China's earnings last quarter?

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) announced its quarterly earnings data on Tuesday, April, 23rd. The company reported $0.57 earnings per share for the quarter. The company had revenue of $38.53 billion for the quarter. Ping An Insurance (Group) Company of China had a net margin of 8.22% and a trailing twelve-month return on equity of 6.80%.

How do I buy shares of Ping An Insurance (Group) Company of China?

Shares of PNGAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:PNGAY) was last updated on 7/14/2024 by MarketBeat.com Staff

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