Streetbeat News

WDH

Waterdrop Inc.

Industry

Insurance - Diversified

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. It also operates a medical crowdfunding platform. The company was founded in 2016 and is headquartered in Beijing, the People's Republic of China.

Open

1.15

Mkt cap

426M

Volume

188K

High

1.15

P/E Ratio

10.36

52-wk high

1.53

Low

1.08

Div yield

0.01

52-wk low

0.94

Waterdrop Inc. (NYSE: WDH) reported a significant increase in net profit by 152.6% year-on-year for Q3 2024, with net operating revenue of RMB 704.1 million.

Portfolio Pulse from

December 12, 2024 | 8:00 am

Waterdrop Inc. (WDH) held its Q3 2024 earnings call, discussing the company's performance and future outlook. Key participants included the CEO, General Manager of Insurance Business, and Head of Finance.

Portfolio Pulse from

December 11, 2024 | 5:30 pm

Waterdrop Inc. (NYSE: WDH) reported a significant improvement in profitability for Q3 2024, with net profit growing by 152.6% year-over-year, indicating strong financial health and liquidity.

Portfolio Pulse from

December 11, 2024 | 10:30 am

Waterdrop Inc. (NYSE: WDH) will release its Q3 2024 financial results on December 11, 2024, before U.S. markets open. A conference call will follow to discuss the results.

Portfolio Pulse from

November 27, 2024 | 10:15 am

B. Riley Financial stocks saw significant gains in Monday's session, with various notes and shares rising between 22.97% and 50.6%. In contrast, several financial stocks, including UP Fintech Holding and Senmiao Tech, experienced notable declines.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 4:31 pm

Yuanbao, a Chinese insurance distributor, has filed for a $50 million IPO in New York, leveraging its technology-driven platform to match buyers with insurance products. Despite a challenging Chinese market, Yuanbao's revenue and profitability are growing, making it an attractive option for investors.

Portfolio Pulse from The Bamboo Works

September 25, 2024 | 5:57 pm

Waterdrop Inc. (NYSE:WDH) reported a slight revenue decline in Q2 but a significant profit increase due to cost control. The company reaffirmed its annual growth forecast and announced a special dividend. Challenges include regulatory changes affecting insurance brokers and a decline in revenue from its clinical trial business. Waterdrop's shares rose 5.7% following the announcement.

Portfolio Pulse from The Bamboo Works

September 09, 2024 | 1:25 pm

Waterdrop has announced a plan to repurchase its own ordinary shares in the form of ADSs, with a total value of up to $50 million, over a 12-month period ending on September 9, 2025.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 10:28 am

Waterdrop (NYSE:WDH) reported Q2 2024 earnings per share of $0.04, surpassing the analyst estimate of $0.03. However, its sales of $93.04 million fell short of the expected $102.59 million, marking a slight decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 10:25 am

Waterdrop has announced a special cash dividend of $0.02 per ADS or $0.002 per ordinary share, with payment dates in November 2024.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 10:24 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.