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

Waterdrop (NYSE:WDH) issued its quarterly earnings results 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

Shares of NYSE:WDH opened at $1.50 on Thursday. The firm 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 12 month low of $0.97 and a 12 month high of $1.59. The business’s 50 day simple moving average is $1.34 and its 200-day simple moving average is $1.27.

Waterdrop Dividend Announcement

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

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Waterdrop from a “hold” rating to a “buy” rating in a research report on Friday, May 30th.

Waterdrop Company Profile

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.