Fanhua (FANH) Set to Announce Earnings on Thursday

Fanhua (NASDAQ:FANHGet Rating) will release its earnings data after the market closes on Thursday, May 26th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Fanhua (NASDAQ:FANHGet Rating) last released its quarterly earnings results on Monday, March 28th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.19). Fanhua had a net margin of 7.63% and a return on equity of 14.05%. The firm had revenue of $125.95 million for the quarter.

FANH stock opened at $6.00 on Thursday. Fanhua has a 52-week low of $5.30 and a 52-week high of $16.00. The company has a 50-day moving average of $6.67 and a two-hundred day moving average of $8.23. The stock has a market capitalization of $322.17 million, a price-to-earnings ratio of 8.45 and a beta of 0.62.

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 26th. Shareholders of record on Tuesday, April 12th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 10.00%. The ex-dividend date was Monday, April 11th. Fanhua’s dividend payout ratio (DPR) is 81.69%.

Institutional investors and hedge funds have recently made changes to their positions in the company. Penserra Capital Management LLC acquired a new position in shares of Fanhua during the first quarter valued at about $133,000. Invesco Ltd. raised its position in shares of Fanhua by 21.6% during the third quarter. Invesco Ltd. now owns 23,228 shares of the financial services provider’s stock valued at $280,000 after buying an additional 4,127 shares during the last quarter. Gabelli Funds LLC raised its position in shares of Fanhua by 63.3% during the first quarter. Gabelli Funds LLC now owns 24,500 shares of the financial services provider’s stock valued at $178,000 after buying an additional 9,500 shares during the last quarter. Millennium Management LLC raised its position in shares of Fanhua by 155.7% during the second quarter. Millennium Management LLC now owns 25,757 shares of the financial services provider’s stock valued at $389,000 after buying an additional 15,683 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Fanhua during the third quarter valued at about $371,000. 25.05% of the stock is owned by institutional investors and hedge funds.

FANH has been the subject of a number of recent analyst reports. StockNews.com initiated coverage on shares of Fanhua in a report on Friday, May 13th. They set a “hold” rating for the company. Zacks Investment Research cut shares of Fanhua from a “buy” rating to a “hold” rating in a report on Tuesday, March 1st.

Fanhua Company Profile (Get Rating)

Fanhua Inc, together with its subsidiary, distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products that primarily include individual accident, travel, homeowner, and indemnity medical insurance products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as participating insurance products.

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Earnings History for Fanhua (NASDAQ:FANH)

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