NASDAQ:QFIN Qifu Technology (QFIN) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free QFIN Stock Alerts $20.67 -0.23 (-1.10%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$20.56▼$21.4950-Day Range$15.19▼$20.9052-Week Range$13.12▼$21.49Volume693,198 shsAverage Volume1.15 million shsMarket Capitalization$3.34 billionP/E Ratio5.65Dividend Yield5.52%Price Target$24.73 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Qifu Technology alerts: Email Address Qifu Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside19.7% Upside$24.73 Price TargetShort InterestHealthy2.11% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.93Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth15.55%From $4.31 to $4.98 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.79 out of 5 starsBusiness Services Sector15th out of 315 stocksNondepository Credit Institutions Industry1st out of 50 stocks 2.5 Analyst's Opinion Consensus RatingQifu Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageQifu Technology has only been the subject of 1 research reports in the past 90 days.Read more about Qifu Technology's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.11% of the outstanding shares of Qifu Technology have been sold short.Short Interest Ratio / Days to CoverQifu Technology has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Qifu Technology has recently decreased by 5.28%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipQifu Technology is a leading dividend payer. It pays a dividend yield of 5.52%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthQifu Technology has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Qifu Technology is 31.15%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Qifu Technology will have a dividend payout ratio of 22.89% next year. This indicates that Qifu Technology will be able to sustain or increase its dividend.Read more about Qifu Technology's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for QFIN. Previous Next 2.7 News and Social Media Coverage News SentimentQifu Technology has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Qifu Technology this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for QFIN on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Qifu Technology insiders have not sold or bought any company stock.Percentage Held by Insiders17.10% of the stock of Qifu Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions74.81% of the stock of Qifu Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Qifu Technology's insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Qifu Technology are expected to grow by 15.55% in the coming year, from $4.31 to $4.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Qifu Technology is 5.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Qifu Technology is 5.65, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 17.65.Price to Earnings Growth RatioQifu Technology has a PEG Ratio of 0.48. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioQifu Technology has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Qifu Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).See his free reveal right here. About Qifu Technology Stock (NASDAQ:QFIN)Qifu Technology, Inc., through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service. The company also offers e-commerce loans, enterprise loans, and invoice loans to SME owners. It serves financial institutions, consumers, and small- and micro-enterprises. The company was formerly known as 360 DigiTech, Inc. and changed its name to Qifu Technology, Inc. in March 2023. The company was founded in 2016 and is headquartered in Shanghai, the People's Republic of China.Read More QFIN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart QFIN Stock News HeadlinesMay 9, 2024 | markets.businessinsider.comBuy Rating Affirmed for Qifu Technology Amid Financial Growth and Aggressive Share BuybacksMay 8, 2024 | globenewswire.comQifu Technology to Hold Annual General Meeting on June 27, 2024May 12, 2024 | Colonial Metals (Ad)Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. May 7, 2024 | globenewswire.comQifu Technology to Announce First Quarter 2024 Unaudited Financial Results on May 20, 2024April 26, 2024 | globenewswire.comQifu Technology Releases 2023 ESG ReportApril 26, 2024 | globenewswire.comQifu Technology Filed 2023 Annual Report on Form 20-FApril 24, 2024 | finance.yahoo.comQifu Technology, Inc. (QFIN) Outpaces Stock Market Gains: What You Should KnowApril 17, 2024 | finance.yahoo.comQifu Technology, Inc. (QFIN) Stock Moves -0.22%: What You Should KnowMay 12, 2024 | Colonial Metals (Ad)Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. April 15, 2024 | finance.yahoo.comWith 3.5% one-year returns, institutional owners may ignore Qifu Technology, Inc.'s (NASDAQ:QFIN) 5.4% stock price declineApril 10, 2024 | msn.comQifu Technology, Inc. (QFIN) Stock Moves -0.45%: What You Should KnowApril 8, 2024 | msn.comHere's What Could Help Qifu Technology, Inc. (QFIN) Maintain Its Recent Price StrengthApril 2, 2024 | globenewswire.comQifu Technology Provides Updates on Share Repurchase PlansApril 1, 2024 | seekingalpha.comFinVolution Q4 2023: Striking A Balance Between Growth And Shareholder ReturnsMarch 20, 2024 | investorplace.comThe 7 Most Undervalued Stocks to Buy if You Only Have $20March 20, 2024 | seekingalpha.comForget About Growth. Qifu Shows It's All About Giving Back To ShareholdersMarch 15, 2024 | finance.yahoo.com360 DigiTech, Inc. (NASDAQ:QFIN) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | seekingalpha.comQifu Technology: Turning Bullish On Revenue Beat And New Buyback Plan (Rating Upgrade)March 15, 2024 | finance.yahoo.comHere's What Analysts Are Forecasting For Qifu Technology, Inc. (NASDAQ:QFIN) After Its Annual ResultsMarch 12, 2024 | globenewswire.comQifu Technology Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results, Declares Semi-Annual Dividend and Announces a New Share Repurchase PlanMarch 11, 2024 | benzinga.comQifu Technology's Earnings: A PreviewFebruary 29, 2024 | globenewswire.comQifu Technology to Announce Fourth Quarter and Full Year 2023 Unaudited Financial Results on March 12, 2024February 12, 2024 | ca.finance.yahoo.comQFIN Jan 2025 12.500 callJanuary 3, 2024 | morningstar.comQifu Technology Inc ADRJanuary 3, 2024 | msn.comQFIN vs. RKT: Which Stock Is the Better Value Option?December 31, 2023 | finance.yahoo.comQifu Technology (NASDAQ:QFIN) jumps 5.5% this week, though earnings growth is still tracking behind three-year shareholder returnsDecember 22, 2023 | seekingalpha.comQifu Technology: Still Neutral Considering Fundamentals And ValuationsSee More Headlines Receive QFIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Qifu Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/12/2024Ex-Dividend for 5/24 Dividend4/12/2024Today5/12/2024Next Earnings (Confirmed)5/20/2024Dividend Payable5/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Nondepository credit institutions Sub-IndustryN/A Current SymbolNASDAQ:QFIN CUSIPN/A CIK1741530 Webwww.360jie.com.cn Phone862158357668FaxN/AEmployees2,199Year FoundedN/APrice Target and Rating Average Stock Price Target$24.73 High Stock Price Target$25.90 Low Stock Price Target$23.80 Potential Upside/Downside+19.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.66 Trailing P/E Ratio5.65 Forward P/E Ratio4.80 P/E Growth0.48Net Income$603.58 million Net Margins26.29% Pretax Margin32.40% Return on Equity20.44% Return on Assets9.72% Debt Debt-to-Equity RatioN/A Current Ratio2.00 Quick Ratio2.00 Sales & Book Value Annual Sales$2.29 billion Price / Sales1.45 Cash Flow$3.81 per share Price / Cash Flow5.43 Book Value$19.21 per share Price / Book1.08Miscellaneous Outstanding Shares161,400,000Free Float133,797,000Market Cap$3.34 billion OptionableOptionable Beta0.57 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Haisheng Wu (Age 41)CEO & Director Mr. Zuoli Xu CFA (Age 55)CFO & Director Mr. Zhiqiang He (Age 41)Senior Vice President Mr. Yan Zheng (Age 36)Chief Risk Officer Key CompetitorsWalker & DunlopNYSE:WDRiot PlatformsNASDAQ:RIOTBlucoraNASDAQ:BCORMr. Cooper GroupNASDAQ:COOPCipher MiningNASDAQ:CIFRView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 30,522 shares on 5/10/2024Ownership: 2.882%Yunqi Capital LtdSold 158,700 shares on 5/10/2024Ownership: 1.561%AI Squared Management LtdSold 40,400 shares on 5/10/2024Ownership: 0.107%Acadian Asset Management LLCSold 15,314 shares on 5/10/2024Ownership: 0.041%Mitsubishi UFJ Trust & Banking CorpSold 70,460 shares on 5/10/2024Ownership: 0.013%View All Institutional Transactions QFIN Stock Analysis - Frequently Asked Questions Should I buy or sell Qifu Technology stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Qifu Technology in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" QFIN shares. View QFIN analyst ratings or view top-rated stocks. What is Qifu Technology's stock price target for 2024? 3 Wall Street analysts have issued 12 month price objectives for Qifu Technology's shares. Their QFIN share price targets range from $23.80 to $25.90. On average, they predict the company's stock price to reach $24.73 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View analysts price targets for QFIN or view top-rated stocks among Wall Street analysts. How have QFIN shares performed in 2024? Qifu Technology's stock was trading at $15.82 at the beginning of the year. Since then, QFIN shares have increased by 30.7% and is now trading at $20.67. View the best growth stocks for 2024 here. When is Qifu Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our QFIN earnings forecast. How can I listen to Qifu Technology's earnings call? Qifu Technology will be holding an earnings conference call on Monday, May 20th at 7:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Qifu Technology's earnings last quarter? Qifu Technology, Inc. (NASDAQ:QFIN) released its quarterly earnings results on Tuesday, March, 12th. The company reported $0.96 earnings per share for the quarter, meeting the consensus estimate of $0.96. The company had revenue of $633.18 million for the quarter, compared to analysts' expectations of $597.09 million. Qifu Technology had a net margin of 26.29% and a trailing twelve-month return on equity of 20.44%. How often does Qifu Technology pay dividends? What is the dividend yield for Qifu Technology? Qifu Technology declared a semi-annual dividend on Wednesday, March 13th. Investors of record on Monday, April 15th will be paid a dividend of $0.57 per share on Friday, May 24th. This represents a yield of 5.7%. The ex-dividend date is Friday, April 12th. This is a boost from the stock's previous semi-annual dividend of $0.50. Read our dividend analysis for QFIN. Is Qifu Technology a good dividend stock? Qifu Technology (NASDAQ:QFIN) pays an annual dividend of $1.14 per share and currently has a dividend yield of 5.52%. QFIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, QFIN will have a dividend payout ratio of 22.89% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for QFIN. What ETFs hold Qifu Technology's stock? ETFs with the largest weight of Qifu Technology (NASDAQ:QFIN) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ), KraneShares CSI China Internet ETF (KWEB), Invesco Golden Dragon China ETF (PGJ), iShares MSCI China Multisector Tech ETF (TCHI), Global X MSCI China Financials ETF (CHIX) and Avantis Emerging Markets Small Cap Equity ETF (AVEE).Emerging Markets Internet & Ecommerce ETF (EMQQ). What other stocks do shareholders of Qifu Technology own? Based on aggregate information from My MarketBeat watchlists, some companies that other Qifu Technology investors own include Bank of America (BAC), Gilead Sciences (GILD), Enterprise Products Partners (EPD), Energy Transfer (ET), AbbVie (ABBV), Citigroup (C), DocuSign (DOCU), International Business Machines (IBM), Intel (INTC) and Johnson & Johnson (JNJ). When did Qifu Technology IPO? Qifu Technology (QFIN) raised $54 million in an initial public offering on Friday, December 14th 2018. The company issued 3,100,000 shares at $16.50-$18.50 per share. Citigroup, Haitong International, AMTD and Lighthouse Capital served as the underwriters for the IPO and China Securities International, TF International, HeungKong Financial and North Beta Capital were co-managers. Who are Qifu Technology's major shareholders? Qifu Technology's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.88%), Yunqi Capital Ltd (1.56%), Principal Financial Group Inc. (0.67%), Swiss National Bank (0.18%), Sumitomo Mitsui Trust Holdings Inc. (0.17%) and BNP Paribas Financial Markets (0.14%). How do I buy shares of Qifu Technology? Shares of QFIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:QFIN) was last updated on 5/12/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss Ratings[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueOICElon to Transform U.S. Economy? Porter & CompanyGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchMissed NVDA? Buy this AI stock NOWChaikin AnalyticsShocking: One AI startup's revenue could surge 4,735%Manward Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Qifu Technology, Inc. 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