Fanhua (NASDAQ:FANH) is scheduled to release its earnings data after the market closes on Wednesday, May 22nd.
Fanhua (NASDAQ:FANH) last issued its earnings results on Monday, March 11th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. Fanhua had a return on equity of 17.52% and a net margin of 17.52%. The business had revenue of $126.82 million during the quarter.
Shares of FANH opened at $26.08 on Wednesday. Fanhua has a 1 year low of $19.39 and a 1 year high of $38.24. The company has a market capitalization of $1.64 billion, a PE ratio of 17.03 and a beta of 1.44.
An institutional investor recently raised its position in Fanhua stock. Geode Capital Management LLC lifted its stake in Fanhua Inc (NASDAQ:FANH) by 49.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,936 shares of the financial services provider’s stock after buying an additional 10,837 shares during the period. Geode Capital Management LLC owned about 0.05% of Fanhua worth $722,000 at the end of the most recent reporting period. Institutional investors own 30.66% of the company’s stock.
Separately, BidaskClub raised Fanhua from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 2nd.
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Fanhua Company Profile
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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