Free Trial
NASDAQ:LX

LexinFintech (LX) Stock Price, News & Analysis

$1.83
-0.04 (-2.14%)
(As of 04:29 PM ET)
Today's Range
$1.82
$1.88
50-Day Range
$1.56
$2.14
52-Week Range
$1.56
$3.01
Volume
1.21 million shs
Average Volume
928,765 shs
Market Capitalization
$300.36 million
P/E Ratio
2.13
Dividend Yield
6.56%
Price Target
$2.66

LexinFintech MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
45.4% Upside
$2.66 Price Target
Short Interest
Healthy
0.45% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of LexinFintech in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

3.26 out of 5 stars

Finance Sector

427th out of 837 stocks

Nondepository Credit Institutions Industry

13th out of 45 stocks

LX stock logo

About LexinFintech Stock (NASDAQ:LX)

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending. It also provides technology-driven platform services for financial institution customers and partners to increase revenues, manage financial risks, enhance operating efficiency and service quality, enhance collections, and reduce overall costs; Maiya application, a location-based services shopping experience with buy-now and pay-later options; and Juzi Licai, an online investment platform. In addition, the company offers technical support and consulting, software development, financing guarantee, and financial technology services. The company was formerly known as Staging Finance Holding Ltd. and changed its name to LexinFintech Holdings Ltd. in March 2017. LexinFintech Holdings Ltd. was founded in 2013 and is headquartered in Shenzhen, the People's Republic of China.

LX Stock Price History

LX Stock News Headlines

Lexinfintech (LX) Earnings Dates & Reports
LexinFintech (LX) to Release Quarterly Earnings on Thursday
Lexinfintech: Q4 Earnings Snapshot
LexinFintech FY 2023 Earnings Preview
LexinFintech Is An Undervalued Hidden Gem
LexinFintech Holdings Ltd. ADR
LexinFintech: What To Watch With Upcoming Q4 Results
LexinFintech Holdings Ltd. Appoints Chief Risk Officer
LexinFintech Holdings Ltd DR
LexinFintech (LX) Q3 2023 Earnings Call Transcript
Citi downgrades LexinFintech on asset quality deterioration
See More Headlines
Receive LX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for LexinFintech and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/20/2024
Ex-Dividend for 5/24 Dividend
4/17/2024
Today
5/23/2024
Next Earnings (Confirmed)
5/23/2024
Dividend Payable
5/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Fax
N/A
Employees
4,268
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.66
High Stock Price Target
$3.20
Low Stock Price Target
$2.12
Potential Upside/Downside
+43.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$150.14 million
Pretax Margin
10.16%

Debt

Sales & Book Value

Annual Sales
$1.84 billion
Cash Flow
$1.00 per share
Book Value
$8.33 per share

Miscellaneous

Free Float
118,502,000
Market Cap
$305.28 million
Optionable
Optionable
Beta
0.55
5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Key Executives

  • Mr. Wenjie Xiao (Age 41)
    Chairman & CEO
  • Mr. Yi Wu (Age 45)
    President & Director
  • Mr. Xigui Zheng (Age 58)
    CFO & Director
  • Mr. Yong Lu (Age 50)
    Chief Technology Officer
  • Mandy Dong
    IR Director
  • Mr. Ming Zhao (Age 49)
    Chief Marketing Officer
  • Ms. Yunwen Yang (Age 53)
    Chief Human Resources Officer
  • Mr. Yan Zeng (Age 56)
    Senior Consultant
  • Mr. Jianbin Huang
    VP, CEO Assistant & Chairman of Lexin Philanthropy
  • Mr. Tony Hung
    Investor Contact

LX Stock Analysis - Frequently Asked Questions

Should I buy or sell LexinFintech stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" LX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LX, but not buy additional shares or sell existing shares.
View LX analyst ratings
or view top-rated stocks.

What is LexinFintech's stock price target for 2024?

1 Wall Street research analysts have issued 12 month price targets for LexinFintech's stock. Their LX share price targets range from $2.12 to $3.20. On average, they anticipate the company's stock price to reach $2.66 in the next twelve months. This suggests a possible upside of 45.4% from the stock's current price.
View analysts price targets for LX
or view top-rated stocks among Wall Street analysts.

How have LX shares performed in 2024?

LexinFintech's stock was trading at $1.84 at the beginning of the year. Since then, LX shares have decreased by 0.5% and is now trading at $1.83.
View the best growth stocks for 2024 here
.

When is LexinFintech's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our LX earnings forecast
.

How can I listen to LexinFintech's earnings call?

LexinFintech will be holding an earnings conference call on Thursday, May 23rd at 10:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were LexinFintech's earnings last quarter?

LexinFintech Holdings Ltd. (NASDAQ:LX) posted its quarterly earnings data on Wednesday, March, 20th. The company reported $0.01 earnings per share for the quarter. The firm earned $494.29 million during the quarter. LexinFintech had a net margin of 8.15% and a trailing twelve-month return on equity of 11.24%.

How often does LexinFintech pay dividends? What is the dividend yield for LexinFintech?

LexinFintech declared a Semi-Annual dividend on Friday, March 22nd. Stockholders of record on Thursday, April 18th will be given a dividend of $0.066 per share on Friday, May 24th. This represents a yield of 8.7%. The ex-dividend date is Wednesday, April 17th.
Read our dividend analysis for LX
.

Is LexinFintech a good dividend stock?

LexinFintech (NASDAQ:LX) pays an annual dividend of $0.12 per share and currently has a dividend yield of 6.21%. LX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 13.95%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LX.

What ETFs hold LexinFintech's stock?

ETFs with the largest weight of LexinFintech (NASDAQ:LX) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ) and Principal Millennial Global Growth ETF (GENY).Invesco Golden Dragon China ETF (PGJ).

What other stocks do shareholders of LexinFintech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LexinFintech investors own include Marvell Technology (MRVL), NVIDIA (NVDA), Block (SQ), Alibaba Group (BABA), JD.com (JD), NeoGenomics (NEO), Inseego (INSG), Baidu (BIDU), Cisco Systems (CSCO) and

When did LexinFintech IPO?

LexinFintech (LX) raised $120 million in an initial public offering (IPO) on Thursday, December 21st 2017. The company issued 12,000,000 shares at a price of $9.00-$11.00 per share. Goldman Sachs (Asia), BofA Merrill Lynch, Deutsche Bank Securities and China Renaissance acted as the underwriters for the IPO and ICBC International was co-manager.

Who are LexinFintech's major shareholders?

LexinFintech's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Acadian Asset Management LLC (0.88%), O Shaughnessy Asset Management LLC (0.18%), GSA Capital Partners LLP (0.16%), Lazard Asset Management LLC (0.09%), Mirae Asset Global Investments Co. Ltd. (0.07%) and Virtu Financial LLC (0.05%).

How do I buy shares of LexinFintech?

Shares of LX 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:LX) was last updated on 5/23/2024 by MarketBeat.com Staff

From Our Partners