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 year. 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 12-month price objectives for 360 DigiTech's shares. Their QFIN share price forecasts range from $25.39 to $34.00. On average, they expect the company's share price to reach $29.70 in the next year. This suggests a possible upside of 88.2% 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 $22.93 on January 1st, 2022. Since then, QFIN stock has decreased by 31.2% and is now trading at $15.78.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 18th 2022.
View our QFIN earnings forecast.

360 DigiTech will be holding an earnings conference call on Thursday, August 18th at 8:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 646-982-0473 with passcode "520003785 #".

360 DigiTech, Inc. (NASDAQ:QFIN) announced its quarterly earnings results on Tuesday, May, 24th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.06. The business earned $681.47 million during the quarter, compared to analysts' expectations of $633.38 million. 360 DigiTech had a net margin of 32.31% and a trailing twelve-month return on equity of 38.66%. During the same period in the previous year, the firm posted $1.28 earnings per share.

360 DigiTech announced a quarterly dividend on Friday, June 3rd. Investors of record on Monday, June 20th will be paid a dividend of $0.22 per share on Wednesday, July 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.58%. The ex-dividend date is Thursday, June 16th.
Read our dividend analysis for QFIN.

360 DigiTech (NASDAQ:QFIN) pays an annual dividend of $0.88 per share and currently has a dividend yield of 5.85%. QFIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 16.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, QFIN will have a dividend payout ratio of 16.33% next year. This indicates that the company will be able to sustain or increase its dividend.
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 IPO on Friday, December 14th 2018. The company issued 3,100,000 shares at a price of $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 a number of institutional and retail investors. Top institutional shareholders include Gold Dragon Worldwide Asset Management Ltd (2.76%), Northern Trust Corp (0.36%), Bridgewater Associates LP (0.29%), Lazard Asset Management LLC (0.27%), Group One Trading L.P. (0.00%) and California Public Employees Retirement System (0.16%).

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 $15.78.

360 DigiTech (NASDAQ:QFIN) has a market capitalization of $2.40 billion and generates $2.61 billion in revenue each year. The company earns $907.28 million in net income (profit) each year or $5.46 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 862161516360.