LexinFintech (LX) Stock Price, News & Analysis

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research 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.

1 brokers have issued 12 month target prices 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 year. This suggests a possible upside of 70.5% from the stock's current price.
View analysts price targets for LX or view top-rated stocks among Wall Street analysts.

LexinFintech's stock was trading at $1.84 at the beginning of the year. Since then, LX stock has decreased by 15.2% and is now trading at $1.56.
View the best growth stocks for 2024 here.

LexinFintech saw a decline in short interest in March. As of March 31st, there was short interest totaling 731,900 shares, a decline of 36.4% from the March 15th total of 1,150,000 shares. Based on an average trading volume of 1,050,000 shares, the days-to-cover ratio is presently 0.7 days.
View LexinFintech's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024.
View our LX earnings forecast.

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

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

LexinFintech (NASDAQ:LX) pays an annual dividend of $0.20 per share and currently has a dividend yield of 12.15%. LX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 23.26%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LX.

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).Global X E-Commerce ETF (EBIZ).

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

LexinFintech (LX) raised $120 million in an 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 served as the underwriters for the IPO and ICBC International was co-manager.

LexinFintech's stock is owned by a number of retail and institutional investors. Top institutional shareholders include DGS Capital Management LLC (0.02%).

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.
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