360 DigiTech - QFIN Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for 360 DigiTech in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" QFIN shares.
View QFIN analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued twelve-month price targets for 360 DigiTech's stock. Their QFIN share price forecasts range from $20.80 to $25.39. On average, they predict the company's share price to reach $23.10 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price.
View analysts price targets for QFIN or view top-rated stocks among Wall Street analysts.

360 DigiTech's stock was trading at $20.36 at the beginning of 2023. Since then, QFIN stock has decreased by 3.7% and is now trading at $19.61.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 23rd 2023.
View our QFIN earnings forecast.

360 DigiTech, Inc. (NASDAQ:QFIN) posted its quarterly earnings results on Thursday, March, 9th. The company reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates of $0.96 by $0.18. The business had revenue of $566.40 million for the quarter, compared to the consensus estimate of $636.77 million. 360 DigiTech had a net margin of 24.37% and a trailing twelve-month return on equity of 23.09%.

360 DigiTech announced a quarterly dividend on Thursday, March 9th. Investors of record on Tuesday, April 11th will be given a dividend of $0.16 per share on Friday, May 19th. This represents a $0.64 annualized dividend and a dividend yield of 3.26%. The ex-dividend date is Monday, April 10th.
Read our dividend analysis for QFIN.

ETFs with the largest weight of 360 DigiTech (NASDAQ:QFIN) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ), Invesco Golden Dragon China ETF (PGJ), KraneShares CSI China Internet ETF (KWEB), iShares MSCI China Multisector Tech ETF (TCHI), Global X China Financials ETF (CHIX), FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE), Emerging Markets Internet & Ecommerce ETF (EMQQ) and iShares Emerging Markets Equity Factor ETF (EMGF).

360 DigiTech (NASDAQ:QFIN) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.30%. The dividend payout ratio is 16.13%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for QFIN.

Based on aggregate information from My MarketBeat watchlists, some companies that other 360 DigiTech investors own include Bank of America (BAC), Gilead Sciences (GILD), Enterprise Products Partners (EPD), Energy Transfer (ET), AbbVie (ABBV), Citigroup (C), DocuSign (DOCU), International Business Machines (IBM), Intel (INTC) and Johnson & Johnson (JNJ).

(QFIN) raised $54 million in an initial public offering (IPO) 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 served as the underwriters for the IPO and China Securities International, TF International, HeungKong Financial and North Beta Capital were co-managers.

360 DigiTech trades on the NASDAQ under the ticker symbol "QFIN."

360 DigiTech's stock is owned by many different institutional and retail investors. Top institutional shareholders include OLP CAPITAL MANAGEMENT Ltd (6.25%), TT International Asset Management LTD (5.57%), Morgan Stanley (4.97%), Yunqi Capital Ltd (2.30%), Greenwoods Asset Management Hong Kong Ltd. (2.25%) and Norges Bank (1.55%).

Shares of QFIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of QFIN stock can currently be purchased for approximately $19.61.

360 DigiTech (NASDAQ:QFIN) has a market capitalization of $3.04 billion and generates $2.40 billion in revenue each year. The company earns $583.45 million in net income (profit) each year or $3.72 on an earnings per share basis.

The company employs 2,129 workers across the globe.

360 DigiTech's mailing address is 7/F Lujiazui Finance Plaza No. 1217 Dongfang Road Pudong New Area, Shanghai F4, 200122. The official website for the company is www.360jie.com.cn. The company can be reached via phone at 861052447655.