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

Company Overview

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.

Key Stats

• Today's Range: $12.50 to $12.70
• 50-Day Range: $8.72 to $15.79
• 52-Week Range: $7.60 to $15.80
• Volume: 140,209 shs
• Average Volume: 364,700 shs
• Market Capitalization: N/A
• P/E Ratio: 9.01
• Dividend Yield: 3.43%
• Price Target: N/A
• Consensus Rating: Hold

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

Ping An Insurance (Group) Company of China scored higher than 38% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Ping An Insurance (Group) Company of China.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 6.22%

Earnings Growth

Earnings for Ping An Insurance (Group) Company of China are expected to grow by 6.22% in the coming year, from $1.93 to $2.05 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ping An Insurance (Group) Company of China is 9.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.88.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ping An Insurance (Group) Company of China is 9.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.51.

Price to Book Value per Share Ratio

Ping An Insurance (Group) Company of China has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Ping An Insurance (Group) Company of China has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ping An Insurance (Group) Company of China has recently increased by 390.48%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Ping An Insurance (Group) Company of China pays a meaningful dividend of 3.35%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Ping An Insurance (Group) Company of China does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ping An Insurance (Group) Company of China is 30.94%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Ping An Insurance (Group) Company of China will have a dividend payout ratio of 20.98% next year. This indicates that Ping An Insurance (Group) Company of China will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Ping An Insurance (Group) Company of China has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ping An Insurance (Group) Company of China has recently increased by 390.48%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.22

News Sentiment

Ping An Insurance (Group) Company of China has a news sentiment score of -0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Ping An Insurance (Group) Company of China this week, compared to 1 article on an average week.

Search Interest

4 people have searched for PNGAY on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Ping An Insurance (Group) Company of China to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ping An Insurance (Group) Company of China insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.06% of the stock of Ping An Insurance (Group) Company of China is held by insiders.

Percentage Held by Institutions

Only 0.01% of the stock of Ping An Insurance (Group) Company of China is held by institutions.

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 on January 1st, 2024. Since then, PNGAY shares have increased by 38.9% and is now trading at $12.53.
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 Thursday, August, 22nd. The company reported $0.58 earnings per share (EPS) for the quarter. The business earned $38.42 billion during the quarter. Ping An Insurance (Group) Company of China had a net margin of 8.70% and a trailing twelve-month return on equity of 7.25%.

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.

Company Calendar

• Ex-Dividend for 8/5 Dividend: 6/11/2024
• Dividend Payable: 8/05/2024
• Last Earnings: 8/22/2024
• Ex-Dividend for 10/28 Dividend: 9/05/2024
• Today: 10/24/2024
• Dividend Payable: 10/28/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Insurance carriers, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:PNGAY
• CUSIP: N/A
• CIK: N/A
• Web: www.pingan.com
• Phone: 86-40-0886-6338
• Fax: 86-755-8243-1029
• Employees: 500,000
• Year Founded: 1988

Profitability

• EPS (Most Recent Fiscal Year): $1.39
• Trailing P/E Ratio: 9.01
• Forward P/E Ratio: 6.49
• P/E Growth: N/A
• Net Income: $12.10 billion
• Net Margins: 8.70%
• Pretax Margin: N/A
• Return on Equity: 7.25%
• Return on Assets: 0.76%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 0.50
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: $146.00 billion
• Price / Sales: N/A
• Cash Flow: $1.62 per share
• Price / Cash Flow: 7.75
• Book Value: $19.00 per share
• Price / Book: 0.66

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: 0.44