Waterdrop (NYSE:WDH) Issues Quarterly Earnings Results, Misses Estimates By $0.24 EPS

Waterdrop (NYSE:WDH) issued its quarterly earnings data on Thursday. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.24), Zacks reports. Waterdrop had a return on equity of 7.02% and a net margin of 11.69%.

Waterdrop Price Performance

NYSE WDH opened at $1.50 on Thursday. The business’s fifty day moving average is $1.34 and its 200-day moving average is $1.27. The stock has a market capitalization of $543.72 million, a price-to-earnings ratio of 12.50 and a beta of -0.29. Waterdrop has a one year low of $0.97 and a one year high of $1.59.

Waterdrop Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Friday, April 11th were paid a $0.02 dividend. The ex-dividend date of this dividend was Friday, April 11th. This represents a $0.08 dividend on an annualized basis and a yield of 5.33%. Waterdrop’s dividend payout ratio (DPR) is presently 21.43%.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Waterdrop from a “hold” rating to a “buy” rating in a research note on Friday, May 30th.

About Waterdrop

Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.