Media stories about Xinyuan Real Estate Co (NYSE:XIN) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Xinyuan Real Estate Co earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.6989540743268 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Xinyuan Real Estate Co (XIN) traded up 2.88% during trading on Friday, reaching $6.07. 233,251 shares of the company’s stock were exchanged. The stock has a market cap of $390.44 million, a PE ratio of 7.17 and a beta of 1.30. Xinyuan Real Estate Co has a 12 month low of $4.26 and a 12 month high of $6.81. The firm has a 50 day moving average of $5.25 and a 200-day moving average of $4.90.
Xinyuan Real Estate Co (NYSE:XIN) last issued its quarterly earnings results on Friday, August 11th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $488.17 million for the quarter. Xinyuan Real Estate Co had a return on equity of 6.07% and a net margin of 3.30%. On average, equities research analysts anticipate that Xinyuan Real Estate Co will post $1.92 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.05 per share. The ex-dividend date is Tuesday, August 29th. This represents a $0.20 dividend on an annualized basis and a yield of 3.39%. Xinyuan Real Estate Co’s dividend payout ratio is currently 46.43%.
Separately, BidaskClub lowered shares of Xinyuan Real Estate Co from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th.
About Xinyuan Real Estate Co
Xinyuan Real Estate Co, Ltd. (Xinyuan) is a holding company and conducts business primarily through its operating subsidiaries in China. The Company is a real estate developer and property manager that primarily focuses on residential properties. Xinyuan is engaged in developing large scale residential projects, which consist of multiple residential buildings that include multi-layer apartment buildings, sub-high-rise apartment buildings or high-rise apartment buildings.
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