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OTCMKTS:PNGAY

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

$12.26
-0.50 (-3.92%)
(As of 10/17/2024 ET)

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

Key Stats

Today's Range
$12.11
$12.39
50-Day Range
$8.55
$15.79
52-Week Range
$7.60
$15.80
Volume
344,544 shs
Average Volume
368,072 shs
Market Capitalization
$112.06 billion
P/E Ratio
8.82
Dividend Yield
3.51%
Price Target
N/A
Consensus Rating
N/A

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.

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

See Top Rated MarketRank™ Stocks
54th Percentile Overall Score

PNGAY MarketRank™: 

Ping An Insurance (Group) Company of China scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 8.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.34.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ping An Insurance (Group) Company of China is 8.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.95.

  • Price to Book Value per Share Ratio

    Ping An Insurance (Group) Company of China has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.01% of the outstanding shares of Ping An Insurance (Group) Company of China have been sold short.
  • 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 Leadership

    Ping An Insurance (Group) Company of China is a leading dividend payer. It pays a dividend yield of 3.50%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • 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 32.82%. 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.

  • Read more about Ping An Insurance (Group) Company of China's dividend.
  • Percentage of Shares Shorted

    0.01% of the outstanding shares of Ping An Insurance (Group) Company of China have been sold short.
  • 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 Sentiment

    Ping An Insurance (Group) Company of China has a news sentiment score of -0.20. 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 0.64 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article 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.
  • 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.

  • Read more about Ping An Insurance (Group) Company of China's insider trading history.
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PNGAY Stock News Headlines

A Totally New ‘Income Coin’
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Ping An Health's MSCI ESG Rating Elevates to "AA"
Betting On China As It Brings Out The Big Guns
See More Headlines

PNGAY Stock Analysis - Frequently Asked Questions

Ping An Insurance (Group) Company of China's stock was trading at $9.02 at the start of the year. Since then, PNGAY stock has increased by 35.9% and is now trading at $12.26.
View the best growth stocks for 2024 here
.

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) released its earnings results on Thursday, August, 22nd. The company reported $0.58 EPS for the quarter. The firm earned $38.42 billion during the quarter. Ping An Insurance (Group) Company of China had a trailing twelve-month return on equity of 7.25% and a net margin of 8.70%.

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
10/17/2024
Dividend Payable
10/28/2024
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
N/A

Debt

Sales & Book Value

Annual Sales
$146.00 billion
Cash Flow
$1.59 per share
Book Value
$19.00 per share

Miscellaneous

Outstanding Shares
9,140,120,000
Free Float
N/A
Market Cap
$112.06 billion
Optionable
Not Optionable
Beta
0.44

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This page (OTCMKTS:PNGAY) was last updated on 10/17/2024 by MarketBeat.com Staff
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