OTCMKTS:PNGAY

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

$10.59
+0.12 (+1.15%)
(As of 05/13/2024 ET)
Today's Range
$10.35
$10.67
50-Day Range
$7.63
$10.59
52-Week Range
$7.60
$15.03
Volume
111,573 shs
Average Volume
308,944 shs
Market Capitalization
$96.79 billion
P/E Ratio
8.08
Dividend Yield
5.48%
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
0.47mentions of Ping An Insurance (Group) Company of China in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.59%
From $1.98 to $2.15 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.

3.73 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

Ping An Releases 2023 Sustainability Report
India’s Sensex Up 0.8%, Led by Steel, Auto Stocks
Ping An Insurance Group Co of China Ltd (601318)
India Shares Rise 0.5%; Tech Stocks Support
15 Best Group Insurance Companies Heading into 2024
Chinese Shares Open Lower; Xi-Biden Summit in Focus
See More Headlines
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Company Calendar

Last Earnings
4/23/2024
Today
5/14/2024
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
$96.79 billion
Optionable
Not Optionable
Beta
0.44

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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

PNGAY Stock Analysis - Frequently Asked Questions

How have PNGAY shares performed in 2024?

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 17.4% and is now trading at $10.59.
View the best growth stocks for 2024 here
.

Are investors shorting Ping An Insurance (Group) Company of China?

Ping An Insurance (Group) Company of China saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 280,100 shares, a decrease of 22.2% from the April 15th total of 359,900 shares. Based on an average daily volume of 625,500 shares, the days-to-cover ratio is currently 0.4 days.
View Ping An Insurance (Group) Company of China's Short Interest
.

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

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) issued its earnings results on Tuesday, April, 23rd. The company reported $0.57 earnings per share for the quarter. The firm 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 often does Ping An Insurance (Group) Company of China pay dividends? What is the dividend yield for Ping An Insurance (Group) Company of China?

Ping An Insurance (Group) Company of China announced a dividend on Thursday, August 31st. Shareholders of record on Monday, September 11th will be given a dividend of $0.2097 per share on Monday, November 6th. The ex-dividend date is Friday, September 8th.
Read our dividend analysis for PNGAY
.

Is Ping An Insurance (Group) Company of China a good dividend stock?

Ping An Insurance (Group) Company of China (OTCMKTS:PNGAY) pays an annual dividend of $0.58 per share and currently has a dividend yield of 5.57%. PNGAY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PNGAY will have a dividend payout ratio of 26.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PNGAY.

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 5/14/2024 by MarketBeat.com Staff

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