NASDAQ:QFIN Qifu Technology (QFIN) Stock Price, News & Analysis $24.46 -0.04 (-0.16%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$24.30▼$24.8050-Day Range$18.93▼$26.4952-Week Range$13.68▼$26.50Volume1.64 million shsAverage Volume1.20 million shsMarket Capitalization$3.95 billionP/E Ratio6.34Dividend Yield4.82%Price Target$23.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Qifu Technology alerts: Email Address Qifu Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside2.7% Downside$23.80 Price TargetShort InterestHealthy2.52% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth4.05%From $4.94 to $5.14 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.3.40 out of 5 starsBusiness Services Sector106th out of 303 stocksNondepository Credit Institutions Industry14th out of 48 stocks 1.5 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 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageQifu Technology has received no research coverage in the past 90 days.Read more about Qifu Technology's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.52% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Qifu Technology has recently increased by 10.90%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipQifu Technology is a leading dividend payer. It pays a dividend yield of 4.40%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthQifu Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Qifu Technology is 30.57%. 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 22.96% 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 3.0 News and Social Media Coverage News SentimentQifu Technology has a news sentiment score of 1.41. 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 0.54 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Qifu Technology this week, compared to 2 articles on an average week.Search Interest14 people have searched for QFIN on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Qifu Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Qifu Technology are expected to grow by 4.05% in the coming year, from $4.94 to $5.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Qifu Technology is 6.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Qifu Technology is 6.34, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 40.88.Price to Earnings Growth RatioQifu Technology has a PEG Ratio of 0.45. 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 1.27. 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 DTIYou missed the class - here’s your second chanceIt’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore… Most folks think that the ONLY way to generate extra income is by picking up a second job at Costco… Or working overtime hours and late weekend nights. But with what I’m about to share…Click here and I’ll give you the details. 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 HeadlinesAugust 28, 2024 | americanbankingnews.comFinancial Contrast: Stronghold Digital Mining (NASDAQ:SDIG) and Qifu Technology (NASDAQ:QFIN)August 22, 2024 | finance.yahoo.comQifu Technology's (NASDAQ:QFIN) Dividend Will Be Increased To CN¥0.59September 7, 2024 | WealthPress (Ad)This new buy indicator has the internet shook. In the last few weeks we’ve seen countless people talking about a totally new stock indicator called Platform X… It identifies the markets strongest stocks, then delivers customized buy signals for those stocks… Even as the market stalled out it nailed several calls including a 100%+ winner on Newmont mining… At first we thought this was some sort of hocus pocus indicator… But it turned out to be a very viable tool for trading today’s market action… Which is the reason for today's email…August 19, 2024 | benzinga.comQifu Technology (NASDAQ:QFIN) Stock, Short Interest ReportAugust 19, 2024 | benzinga.comQifu Technology (NASDAQ:QFIN) Stock Quotes, Forecast and News SummaryAugust 17, 2024 | finance.yahoo.comQifu Technology Second Quarter 2024 Earnings: EPS Beats ExpectationsAugust 16, 2024 | seekingalpha.comQifu Technology: Attractive Shareholder Yield And Positive Earnings OutlookAugust 15, 2024 | finance.yahoo.comQifu Technology, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextSeptember 7, 2024 | WealthPress (Ad)This new buy indicator has the internet shook. In the last few weeks we’ve seen countless people talking about a totally new stock indicator called Platform X… It identifies the markets strongest stocks, then delivers customized buy signals for those stocks… Even as the market stalled out it nailed several calls including a 100%+ winner on Newmont mining… At first we thought this was some sort of hocus pocus indicator… But it turned out to be a very viable tool for trading today’s market action… Which is the reason for today's email…August 13, 2024 | seekingalpha.comQifu Technology, Inc. 2024 Q2 - Results - Earnings Call PresentationAugust 13, 2024 | globenewswire.comQifu Technology Announces Second Quarter and Interim 2024 Unaudited Financial Results, Announces Board Change and Raises Semi-Annual DividendAugust 1, 2024 | globenewswire.comQifu Technology to Announce Second Quarter 2024 Unaudited Financial Results on August 13, 2024July 21, 2024 | finance.yahoo.comRecent 5.9% pullback isn't enough to hurt long-term Qifu Technology (NASDAQ:QFIN) shareholders, they're still up 102% over 5 yearsJune 27, 2024 | globenewswire.comQifu Technology Announces Results of Annual General MeetingJune 11, 2024 | investorplace.comTop 3 Stocks to Buy Before They Skyrocket by 2026June 6, 2024 | investorplace.comPortfolio Boosters: 3 Standout Stocks Set to Double This YearJune 4, 2024 | seekingalpha.comQifu Technology Stock: A Strong Start To 2024June 4, 2024 | seekingalpha.comQifu Technology: Still Positive Considering Favorable Guidance And MetricsSee 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 Earnings8/13/2024Today9/07/2024Ex-Dividend for 11/1 Dividend9/27/2024Dividend Payable11/01/2024Next Earnings (Estimated)11/21/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Nondepository credit institutions Sub-IndustryBanking Current SymbolNASDAQ:QFIN CUSIPN/A CIK1741530 Webwww.360jie.com.cn Phone862158357668FaxN/AEmployees3,121Year FoundedN/APrice Target and Rating Average Stock Price Target$23.80 High Stock Price Target$23.80 Low Stock Price Target$23.80 Potential Upside/Downside-2.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.86 Trailing P/E Ratio6.34 Forward P/E Ratio4.95 P/E Growth0.45Net Income$603.58 million Net Margins28.06% Pretax Margin37.66% Return on Equity21.82% Return on Assets10.30% Debt Debt-to-Equity RatioN/A Current Ratio2.45 Quick Ratio2.45 Sales & Book Value Annual Sales$14.02 billion Price / Sales0.28 Cash Flow$3.51 per share Price / Cash Flow6.96 Book Value$19.21 per share Price / Book1.27Miscellaneous Outstanding Shares161,396,000Free Float133,797,000Market Cap$3.95 billion OptionableOptionable Beta0.61 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.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:WDBlucoraNASDAQ:BCORGreen DotNYSE:GDOTAmerica First Multifamily InvestorsNASDAQ:ATAXQudianNYSE:QDView All CompetitorsInstitutional OwnershipMaven Securities LTDSold 5,000 shares on 8/29/2024Ownership: 0.006%Creative PlanningBought 7,163 shares on 8/16/2024Ownership: 0.017%SIH Partners LLLPBought 15,400 shares on 8/16/2024Ownership: 0.010%The Manufacturers Life Insurance Company Bought 2,844 shares on 8/15/2024Ownership: 0.261%APG Asset Management N.V.Sold 45,771 shares on 8/15/2024Ownership: 0.060%View All Institutional Transactions QFIN Stock Analysis - Frequently Asked Questions How have QFIN shares performed this year? Qifu Technology's stock was trading at $15.82 at the beginning of the year. Since then, QFIN stock has increased by 54.6% and is now trading at $24.46. View the best growth stocks for 2024 here. How were Qifu Technology's earnings last quarter? Qifu Technology, Inc. (NASDAQ:QFIN) issued its quarterly earnings results on Tuesday, August, 13th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.99 by $0.23. The company earned $572.44 million during the quarter, compared to the consensus estimate of $582.69 million. Qifu Technology had a net margin of 28.06% and a trailing twelve-month return on equity of 21.82%. When did Qifu Technology IPO? Qifu Technology (QFIN) raised $54 million in an IPO on Friday, December 14th 2018. The company issued 3,100,000 shares at a price of $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 top institutional investors include Serenity Capital Management PTE. LTD. (1.61%), Dimensional Fund Advisors LP (1.36%), AQR Capital Management LLC (0.81%) and Acadian Asset Management LLC (0.77%). 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. What other stocks do shareholders of Qifu Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Qifu Technology investors own include Bank of America (BAC), Gilead Sciences (GILD), Enterprise Products Partners (EPD), Energy Transfer (ET), AbbVie (ABBV), Citigroup (C) and DocuSign (DOCU). This page (NASDAQ:QFIN) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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