Noah (NOAH) Stock Price, News & Analysis

Company Overview

Noah Holdings Limited, together with its subsidiaries, operates as a wealth and asset management service provider with the focus on investment and asset allocation services for high net worth individuals and enterprises in Mainland of China, Hong Kong, and internationally. It operates through three segments: Wealth Management, Asset Management, and Other Services. The company offers investment products, including domestic and overseas mutual fund products, private secondary products, and other products; customized value-added financial services, such as investor education and trust services, as well as insurance brokerage services; and insurance products. It also provides onshore and offshore private equity, real estate, public securities, multi-strategy, and other investment products, as well as lending services. The company was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.

Key Stats

• Today's Range: $11.46 to $11.74
• 50-Day Range: $11.42 to $13.70
• 52-Week Range: $7.14 to $15.44
• Volume: 104,959 shs
• Average Volume: 195,085 shs
• Market Capitalization: $769.13 million
• P/E Ratio: 9.92
• Dividend Yield: 8.87%
• Price Target: $13.00
• Consensus Rating: Hold

Noah Stock Analysis - MarketRank™

Noah scored higher than 75% of companies evaluated by MarketBeat, and ranked 360th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Noah has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Noah has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 63.44%

Earnings Growth

Earnings for Noah are expected to grow by 63.44% in the coming year, from $0.93 to $1.52 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Noah is 9.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Noah is 9.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 34.17.

Price to Book Value per Share Ratio

Noah has a P/B Ratio of 0.52. 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

1.46% of the outstanding shares of Noah have been sold short.

Short Interest Ratio / Days to Cover

Noah has a short interest ratio ("days to cover") of 4.9.

Change versus previous month

Short interest in Noah has recently increased by 3.94%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Noah is a leading dividend payer. It pays a dividend yield of 8.72%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Noah does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Noah is 88.03%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Noah will have a dividend payout ratio of 67.76% next year. This indicates that Noah will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

1.46% of the outstanding shares of Noah have been sold short.

Short Interest Ratio / Days to Cover

Noah has a short interest ratio ("days to cover") of 4.9.

Change versus previous month

Short interest in Noah has recently increased by 3.94%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.07

News Sentiment

Noah has a news sentiment score of 1.07. 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 higher news sentiment than the 0.79 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Noah this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Noah insiders have not sold or bought any company stock.

Percentage Held by Insiders

47.20% of the stock of Noah is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

42.67% of the stock of Noah is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NOAH Stock Analysis - Frequently Asked Questions

How have NOAH shares performed this year?

Noah's stock was trading at $13.81 at the start of the year. Since then, NOAH stock has decreased by 15.9% and is now trading at $11.61.
View the best growth stocks for 2024 here.

How were Noah's earnings last quarter?

Noah Holdings Limited (NYSE:NOAH) announced its quarterly earnings results on Tuesday, March, 26th. The asset manager reported $0.47 earnings per share for the quarter. The asset manager earned $74.64 million during the quarter. Noah had a trailing twelve-month return on equity of 6.43% and a net margin of 23.53%.

How will Noah's stock buyback program work?

Noah's board authorized a stock buyback program on Wednesday, August 28th 2024, which allows the company to buy back $50,000,000 in shares, according to EventVestor. This means that the company could buy up to 10.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

Who are Noah's major shareholders?

Noah's top institutional shareholders include Franklin Resources Inc. (2.70%), FMR LLC (1.09%), State Street Corp (0.30%) and First Beijing Investment Ltd (0.19%).

How do I buy shares of Noah?

Shares of NOAH 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.

What other stocks do shareholders of Noah own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Noah investors own include Netflix (NFLX), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 3/26/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Trading
• Current Symbol: NYSE:NOAH
• CUSIP: N/A
• CIK: 1499543
• Web: www.noahgroup.com
• Phone: 862180359221
• Fax: 86-21-8035-9641
• Employees: 2,583
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $13.00
• High Stock Price Target: $13.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: +12.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.17
• Trailing P/E Ratio: 9.92
• Forward P/E Ratio: 12.48
• P/E Growth: N/A
• Net Income: $142.18 million
• Net Margins: 23.53%
• Pretax Margin: 32.92%
• Return on Equity: 6.43%
• Return on Assets: 5.28%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.43
• Quick Ratio: 4.43

Sales & Book Value

• Annual Sales: $2.81 billion
• Price / Sales: 0.27
• Cash Flow: $2.47 per share
• Price / Cash Flow: 4.70
• Book Value: $22.39 per share
• Price / Book: 0.52

Miscellaneous

• Outstanding Shares: 66,247,000
• Free Float: 34,978,000
• Market Cap: $769.13 million
• Optionable: Optionable
• Beta: 0.80