Fanhua Inc (NASDAQ:FANH) declared a quarterly dividend on Wednesday, November 20th, Zacks reports. Investors of record on Thursday, December 5th will be given a dividend of 0.30 per share by the financial services provider on Thursday, December 19th. This represents a $1.20 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date is Wednesday, December 4th. This is an increase from Fanhua’s previous quarterly dividend of $0.30.
NASDAQ:FANH opened at $27.20 on Monday. The stock’s 50 day moving average price is $25.82 and its 200 day moving average price is $29.10. Fanhua has a 52 week low of $19.39 and a 52 week high of $35.55. The company has a market capitalization of $1.77 billion, a P/E ratio of 19.02 and a beta of 1.24. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.95 and a current ratio of 2.95.
Fanhua (NASDAQ:FANH) last released its quarterly earnings data on Wednesday, November 20th. The financial services provider reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.08. Fanhua had a return on equity of 20.55% and a net margin of 14.71%. The firm had revenue of $115.19 million for the quarter, compared to the consensus estimate of $135.82 million. As a group, sell-side analysts forecast that Fanhua will post 1.13 earnings per share for the current fiscal year.
A number of equities analysts recently commented on FANH shares. Zacks Investment Research upgraded Fanhua from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Friday, November 15th. ValuEngine downgraded Fanhua from a “buy” rating to a “hold” rating in a report on Thursday, November 14th. CICC Research downgraded Fanhua from an “outperform” rating to a “neutral” rating in a report on Wednesday, August 21st. Finally, BidaskClub raised Fanhua from a “strong sell” rating to a “sell” rating in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $30.00.
Fanhua Inc 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, including automobile, individual accident, travel, disability income, commercial property, construction, and other property and casualty products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as group life and participating insurance products.
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