Top MarketRank™ StocksTop MarketRank™Positive News SentimentPositive NewsNASDAQ:QFIN Qifu Technology (QFIN) Stock Price, News & Analysis $19.81 +0.69 (+3.61%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$19.11▼$19.8150-Day Range$18.93▼$21.3052-Week Range$13.68▼$21.57Volume605,552 shsAverage Volume1.12 million shsMarket Capitalization$3.20 billionP/E Ratio5.13Dividend Yield5.75%Price Target$24.85 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/Downside25.4% Upside$24.85 Price TargetShort InterestHealthy2.39% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.60Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth13.13%From $4.19 to $4.74 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.4.93 out of 5 starsBusiness Services Sector9th out of 317 stocksNondepository Credit Institutions Industry1st out of 53 stocks 3.5 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 5.0 Short Interest Percentage of Shares Shorted2.39% 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 3.3, 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 9.18%, 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 5.97%, 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 29.53%. 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 24.05% 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 3.7 News and Social Media Coverage News SentimentQifu Technology has a news sentiment score of 1.60. 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 4 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 -71% compared to the previous 30 days.MarketBeat Follows2 people have added Qifu Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Qifu Technology are expected to grow by 13.13% in the coming year, from $4.19 to $4.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Qifu Technology is 5.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Qifu Technology is 5.13, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 21.53.Price to Earnings Growth RatioQifu Technology has a PEG Ratio of 0.42. 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 1.03. 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 American Hartford Gold GroupPrepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.GET THE FREE GUIDE 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 HeadlinesJuly 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 yearsJuly 17, 2024 | americanbankingnews.comHead to Head Analysis: Burford Capital (NYSE:BUR) and Qifu Technology (NASDAQ:QFIN)July 26, 2024 | WealthPress (Ad)This TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.June 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 MetricsJuly 26, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.June 1, 2024 | investorplace.com7 Overlooked Stock Market Leaders Set for Massive GainsMay 22, 2024 | finance.yahoo.comQifu Technology First Quarter 2024 Earnings: EPS: CN¥7.46 (vs CN¥5.79 in 1Q 2023)May 22, 2024 | investorplace.com7 Must-Buy Stocks if You Only Have $1,000 to Spend: May EditionMay 21, 2024 | msn.com360 DigiTech, Inc. (NASDAQ:QFIN) Q1 2024 Earnings Call TranscriptMay 20, 2024 | finanznachrichten.deQifu Technology, Inc.: Qifu Technology Announces First Quarter 2024 Unaudited Financial ResultsMay 20, 2024 | investorplace.comQFIN Stock Earnings: Qifu Technology Misses EPS, Misses Revenue for Q1 2024May 20, 2024 | msn.comQifu Technology Non-GAAP EPADS of $1.05, revenue of $575.2M; initiates Q2 outlookMay 19, 2024 | globenewswire.comQifu Technology Announces First Quarter 2024 Unaudited Financial ResultsMay 14, 2024 | finance.yahoo.comExploring May 2024's Top Three Dividend StocksSee 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 Ex-Dividend for 5/24 Dividend4/12/2024Last Earnings5/19/2024Dividend Payable5/24/2024Today7/26/2024Next Earnings (Estimated)8/19/2024Fiscal 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$24.85 High Stock Price Target$25.90 Low Stock Price Target$23.80 Potential Upside/Downside+27.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.86 Trailing P/E Ratio5.04 Forward P/E Ratio4.65 P/E Growth0.42Net Income$603.58 million Net Margins26.80% Pretax Margin34.01% Return on Equity20.96% Return on Assets9.89% Debt Debt-to-Equity RatioN/A Current Ratio2.12 Quick Ratio2.12 Sales & Book Value Annual Sales$2.29 billion Price / Sales1.37 Cash Flow$3.88 per share Price / Cash Flow5.02 Book Value$19.21 per share Price / Book1.01Miscellaneous Outstanding Shares161,400,000Free Float133,797,000Market Cap$3.14 billion OptionableOptionable Beta0.61 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 OwnershipBank of New York Mellon CorpBought 28,675 shares on 7/26/2024Ownership: 0.077%Summit Securities Group LLCSold 1,900 shares on 7/26/2024Ownership: 0.001%Sumitomo Mitsui Trust Holdings Inc.Sold 5,484 shares on 7/19/2024Ownership: 0.168%Serenity Capital Management PTE. LTD.Sold 200,000 shares on 7/18/2024Ownership: 1.612%Blue Trust Inc.Bought 1,484 shares on 7/18/2024Ownership: 0.001%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 2024. Since then, QFIN shares have increased by 25.2% and is now trading at $19.81. View the best growth stocks for 2024 here. How were Qifu Technology's earnings last quarter? Qifu Technology, Inc. (NASDAQ:QFIN) announced its quarterly earnings results on Sunday, May, 19th. The company reported $1.02 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.02. The business had revenue of $575.21 million for the quarter, compared to analyst estimates of $590.38 million. Qifu Technology had a trailing twelve-month return on equity of 20.96% and a net margin of 26.80%. 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 acted 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? Top institutional investors of Qifu Technology include Serenity Capital Management PTE. LTD. (1.61%), Sumitomo Mitsui Trust Holdings Inc. (0.17%), Bank of New York Mellon Corp (0.08%) and E Fund Management Hong Kong Co. Ltd. (0.06%). 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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