Yirendai (NYSE:YRD) Shares Gap Up - Still a Buy?

Key Points

• Yirendai's stock price opened at $5.94, up from a previous close of $5.77, with a volume of 15,537 shares traded.
• The company has announced a dividend of $0.22 per share, representing a significant dividend yield of 751.0%, with the payment scheduled for October 15th.
• Yirendai reported earnings of $0.57 per share and revenue of $230.62 million for its last quarter, along with a net margin of 21.07%.

Yirendai Ltd. (NYSE:YRD - Get Free Report)'s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $5.77, but opened at $5.94. Yirendai shares last traded at $5.90, with a volume of 15,537 shares trading hands.

Yirendai Trading Up 1.2%

The company has a market capitalization of $504.63 million, a price-to-earnings ratio of 2.83 and a beta of 0.86. The firm's fifty day simple moving average is $5.93 and its two-hundred day simple moving average is $6.21.

Yirendai (NYSE:YRD - Get Free Report) last posted its earnings results on Thursday, August 21st. The technology company reported $0.57 earnings per share for the quarter. The company had revenue of $230.62 million for the quarter. Yirendai had a net margin of 21.07% and a return on equity of 13.42%. Yirendai has set its Q3 2025 guidance at EPS.

Yirendai Announces Dividend

The business also recently disclosed a -- dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $0.22 dividend. This represents a dividend yield of 751.0%. The ex-dividend date is Tuesday, September 30th. Yirendai's dividend payout ratio is currently 19.42%.

Hedge Funds Weigh In On Yirendai

Several large investors have recently made changes to their positions in the stock. American Century Companies Inc. lifted its holdings in shares of Yirendai by 35.7% in the 2nd quarter. American Century Companies Inc. now owns 23,799 shares of the technology company's stock worth $140,000 after acquiring an additional 6,261 shares during the last quarter. Catalyst Funds Management Pty Ltd lifted its holdings in Yirendai by 13.6% during the 2nd quarter. Catalyst Funds Management Pty Ltd now owns 15,900 shares of the technology company's stock worth $93,000 after buying an additional 1,900 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Yirendai by 3.3% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 407,125 shares of the technology company's stock worth $2,390,000 after buying an additional 13,138 shares in the last quarter. Trexquant Investment LP lifted its holdings in Yirendai by 48.8% during the 1st quarter. Trexquant Investment LP now owns 42,619 shares of the technology company's stock worth $293,000 after buying an additional 13,973 shares in the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in Yirendai during the 1st quarter worth approximately $103,000. 1.99% of the stock is currently owned by institutional investors and hedge funds.

Yirendai Company Profile

Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.

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