Positive News Sentiment NASDAQ:QFIN 360 DigiTech - QFIN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding 360 DigiTech, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $23.07 -0.42 (-1.79%) (As of 02/3/2023 11:01 AM ET) Add Compare Share Share Today's Range$22.30▼$23.2850-Day Range$13.22▼$25.0052-Week Range$9.47▼$25.49Volume504,026 shsAverage Volume1.40 million shsMarket Capitalization$3.58 billionP/E Ratio5.44Dividend Yield2.40%Price Target$23.10 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 360 DigiTech MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside1.7% Downside$23.10 Price TargetShort InterestHealthy4.43% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.68Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth27.61%From $3.73 to $4.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.40 out of 5 starsBusiness Services Sector85th out of 324 stocksNondepository Credit Institutions Industry9th out of 34 stocks 1.5 Analyst's Opinion Consensus Rating360 DigiTech has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.10, 360 DigiTech has a forecasted downside of 1.7% from its current price of $23.49.Amount of Analyst Coverage360 DigiTech has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.43% of the float of 360 DigiTech has been sold short.Short Interest Ratio / Days to Cover360 DigiTech has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in 360 DigiTech has recently increased by 0.78%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend Yield360 DigiTech pays a meaningful dividend of 2.40%, higher than the bottom 25% of all stocks that pay dividends.Dividend Growth360 DigiTech does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of 360 DigiTech is 14.15%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, 360 DigiTech will have a dividend payout ratio of 12.61% next year. This indicates that 360 DigiTech will be able to sustain or increase its 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 Sentiment360 DigiTech has a news sentiment score of 1.68. 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 0.39 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for 360 DigiTech this week, compared to 1 article on an average week.Search Interest7 people have searched for QFIN on MarketBeat in the last 30 days. MarketBeat FollowsOnly 3 people have added 360 DigiTech to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, 360 DigiTech insiders have not sold or bought any company stock.Percentage Held by Insiders17.10% of the stock of 360 DigiTech is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions55.07% of the stock of 360 DigiTech is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for 360 DigiTech are expected to grow by 27.61% in the coming year, from $3.73 to $4.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of 360 DigiTech is 5.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.64.Price to Earnings Ratio vs. SectorThe P/E ratio of 360 DigiTech is 5.54, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 222.48.Price to Book Value per Share Ratio360 DigiTech has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About 360 DigiTech (NASDAQ:QFIN) Stock360 DigiTech, Inc. is a holding company, which engages in the provision of digital consumer finance platforms. It provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners. The company proprietary technology platform supports full transaction lifecycle from credit application through settlement. The company was founded on July 25, 2016 and is headquartered in Shanghai, China.Read More Receive QFIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for 360 DigiTech and its competitors with MarketBeat's FREE daily newsletter. Email Address QFIN Stock News HeadlinesJanuary 20, 2023 | finance.yahoo.com360 DigiTech Announces Board ChangeDecember 29, 2022 | finance.yahoo.com360 DigiTech, Inc. (NASDAQ:QFIN) Q3 2022 Earnings Call TranscriptFebruary 3, 2023 | Investing Trends (Ad)The Humble Mineral at the Heart of the EV Revolution (Not Lithium)You may know of graphite as what's in the tip of a No. 2 pencil, but it is the key to many forms of renewable energy. Today, this humble mineral is at the epicenter of the electric car revolution. Because what most people don't know is today's EV batteries contain more than 220 pounds of graphite – more than lithium, copper or aluminum!December 21, 2022 | seekingalpha.com360 DigiTech: New Momentum In Chinese Consumer CreditDecember 3, 2022 | finance.yahoo.com360 DigiTech's (NASDAQ:QFIN) Dividend Is Being Reduced To CN¥0.15November 23, 2022 | finance.yahoo.com360 DigiTech Announces Pricing of Global OfferingNovember 19, 2022 | finance.yahoo.com360 DigiTech's (NASDAQ:QFIN) Dividend Will Be Reduced To CN¥0.15November 18, 2022 | seekingalpha.com360 DigiTech dips on commencing global offeringFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.November 18, 2022 | finance.yahoo.com360 DigiTech Launches Global OfferingNovember 16, 2022 | seekingalpha.com360 DigiTech, Inc. (QFIN) Q3 2022 Earnings Call TranscriptNovember 15, 2022 | seekingalpha.com360 DigiTech rises on Q3 earnings beat, board director appointmentNovember 13, 2022 | finance.yahoo.com360 DigiTech Announces Third Quarter 2022 Unaudited Financial Results, Declares Quarterly Dividend and Announces Director ChangeNovember 8, 2022 | finance.yahoo.com360 DigiTech to Announce Third Quarter 2022 Unaudited Financial Results on November 14, 2022October 18, 2022 | seekingalpha.comQFIN 360 DigiTech, Inc.August 19, 2022 | finance.yahoo.com360 Finance Inc (QFIN) Q2 2022 Earnings Call TranscriptAugust 19, 2022 | seekingalpha.com360 DigiTech, Inc. (QFIN) CEO Wu Haisheng on Q2 2022 Results - Earnings Call TranscriptAugust 18, 2022 | finance.yahoo.com360 DigiTech Announces Second Quarter 2022 Unaudited Financial Results and Declares Quarterly DividendAugust 11, 2022 | reuters.com360 DigiTech IncAugust 8, 2022 | finance.yahoo.com360 DigiTech to Announce Second Quarter 2022 Unaudited Financial Results on August 18, 2022July 17, 2022 | finance.yahoo.comShould You Be Adding 360 DigiTech (NASDAQ:QFIN) To Your Watchlist Today?July 15, 2022 | morningstar.com360 DigiTech Inc ADR - Stock Quote QFINJuly 1, 2022 | finance.yahoo.com360 DigiTech, Inc. (QFIN)June 26, 2022 | seekingalpha.com360 DigiTech: A Leader In An Oscillating MarketJune 21, 2022 | seekingalpha.com360 DigiTech: Undervalued Artificial Technology Stock With Certain RisksMay 25, 2022 | finance.yahoo.com360 Finance Inc (QFIN) Q1 2022 Earnings Call TranscriptMay 25, 2022 | seekingalpha.com360 DigiTech, Inc. (QFIN) CEO Wu Haisheng on Q1 2022 Results - Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive QFIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for 360 DigiTech and its competitors with MarketBeat's FREE daily newsletter. Email Address QFIN Company Calendar Last Earnings11/13/2022Ex-Dividend for 1/18 Dividend12/09/2022Dividend Payable1/18/2023Today2/03/2023Next Earnings (Estimated)3/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nondepository credit institutions Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:QFIN CUSIPN/A CIK1741530 Webwww.360jie.com.cn Phone861052447655FaxN/AEmployees2,129Year FoundedN/APrice Target and Rating Average Stock Price Forecast$23.10 High Stock Price Forecast$25.39 Low Stock Price Forecast$20.80 Forecasted Upside/Downside+0.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.24 Trailing P/E Ratio5.44 Forward P/E Ratio6.18 P/E GrowthN/ANet Income$907.28 million Net Margins26.31% Pretax Margin31.47% Return on Equity27.15% Return on Assets12.27% Debt Debt-to-Equity RatioN/A Current Ratio1.85 Quick Ratio1.85 Sales & Book Value Annual Sales$2.61 billion Price / Sales1.37 Cash Flow$5.45 per share Price / Cash Flow4.23 Book Value$15.38 per share Price / Book1.50Miscellaneous Outstanding Shares155,240,000Free Float128,696,000Market Cap$3.58 billion OptionableNot Optionable Beta0.36 Key ExecutivesHai Sheng WuChief Executive Officer & DirectorAlex XuChief Financial Officer & DirectorZhiqiang HeSenior Vice PresidentShuhai WenVice PresidentYan ZhengChief Risk OfficerKey CompetitorsAMTD DigitalNYSE:HKDBlucoraNASDAQ:BCORGreen DotNYSE:GDOTSoFi TechnologiesNASDAQ:SOFIDuolingoNYSE:DUOLView All CompetitorsInsiders & InstitutionsSimplex Trading LLCSold 12,900 shares on 2/2/2023Ownership: 0.000%SG Americas Securities LLCBought 407,217 shares on 2/2/2023Ownership: 0.278%Altfest L J & Co. Inc.Bought 11,083 shares on 2/2/2023Ownership: 0.007%Zurcher Kantonalbank Zurich Cantonalbank Bought 50,800 shares on 2/1/2023Ownership: 0.045%RWC Asset Management LLPBought 25,000 shares on 1/31/2023Ownership: 0.016%View All Institutional Transactions QFIN Stock - Frequently Asked Questions Should I buy or sell 360 DigiTech stock right now? 3 Wall Street 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 analysts is that investors should "buy" QFIN shares. View QFIN analyst ratings or view top-rated stocks. What is 360 DigiTech's stock price forecast for 2023? 3 brokerages have issued 1 year target prices for 360 DigiTech's shares. 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 year. This suggests that the stock has a possible downside of 1.7%. View analysts price targets for QFIN or view top-rated stocks among Wall Street analysts. How have QFIN shares performed in 2023? 360 DigiTech's stock was trading at $20.36 at the start of the year. Since then, QFIN stock has increased by 15.4% and is now trading at $23.49. View the best growth stocks for 2023 here. When is 360 DigiTech's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023. View our QFIN earnings forecast. How were 360 DigiTech's earnings last quarter? 360 DigiTech, Inc. (NASDAQ:QFIN) released its quarterly earnings results on Sunday, November, 13th. The company reported $0.86 earnings per share for the quarter, missing analysts' consensus estimates of $0.92 by $0.06. The company earned $582.57 million during the quarter, compared to analysts' expectations of $643.15 million. 360 DigiTech had a net margin of 26.31% and a trailing twelve-month return on equity of 27.15%. How often does 360 DigiTech pay dividends? What is the dividend yield for 360 DigiTech? 360 DigiTech announced a quarterly dividend on Tuesday, November 15th. Stockholders of record on Monday, December 12th will be given a dividend of $0.16 per share on Wednesday, January 18th. This represents a $0.64 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date is Friday, December 9th. Read our dividend analysis for QFIN. Is 360 DigiTech a good dividend stock? 360 DigiTech (NASDAQ:QFIN) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.49%. The dividend payout ratio is 14.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, QFIN will have a dividend payout ratio of 12.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for QFIN. What other stocks do shareholders of 360 DigiTech own? 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). When did 360 DigiTech IPO? (QFIN) raised $54 million in an initial public offering (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. What is 360 DigiTech's stock symbol? 360 DigiTech trades on the NASDAQ under the ticker symbol "QFIN." Who are 360 DigiTech's major shareholders? 360 DigiTech's stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.37%), Simplex Trading LLC (0.00%), SG Americas Securities LLC (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Quaero Capital S.A. (0.10%) and Zurcher Kantonalbank Zurich Cantonalbank (0.04%). How do I buy shares of 360 DigiTech? 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. Compare Top Brokerages Here. What is 360 DigiTech's stock price today? One share of QFIN stock can currently be purchased for approximately $23.49. How much money does 360 DigiTech make? 360 DigiTech (NASDAQ:QFIN) has a market capitalization of $3.65 billion and generates $2.61 billion in revenue each year. The company earns $907.28 million in net income (profit) each year or $4.24 on an earnings per share basis. How many employees does 360 DigiTech have? The company employs 2,129 workers across the globe. How can I contact 360 DigiTech? 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. This page (NASDAQ:QFIN) was last updated on 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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