Xinyuan Real Estate (NYSE:XIN) issued its earnings results on Friday. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.31), RTT News reports. The company had revenue of $497.64 million during the quarter. Xinyuan Real Estate had a return on equity of 18.92% and a net margin of 4.41%. During the same quarter last year, the firm earned $0.36 EPS.
NYSE:XIN opened at $3.75 on Monday. The stock has a fifty day simple moving average of $3.92 and a 200 day simple moving average of $4.15. The firm has a market capitalization of $251.88 million, a price-to-earnings ratio of 1.74 and a beta of 1.60. Xinyuan Real Estate has a 1-year low of $3.59 and a 1-year high of $5.10. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 4.76.
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Wednesday, December 18th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.33%.
About Xinyuan Real Estate
Xinyuan Real Estate Co, Ltd., through its subsidiaries, develops residential real estate properties for middle income consumers in the People's Republic of China and the United States. It develops residential projects, such as multi-layer apartment buildings, sub-high-rise apartment buildings, or high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools; and small scale residential properties, as well as office, mixed-use, and commercial properties.
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