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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?

Lufax - LU Stock Forecast, Price & News

$3.29
+0.24 (+7.87%)
(As of 02/1/2023 12:00 AM ET)
Add
Compare
Today's Range
$3.16
$3.31
50-Day Range
$1.40
$3.29
52-Week Range
$1.26
$7.05
Volume
25.12 million shs
Average Volume
20.91 million shs
Market Capitalization
$7.52 billion
P/E Ratio
4.16
Dividend Yield
9.84%
Price Target
$3.07

Lufax MarketRank™ Forecast

Analyst Rating
Hold
2.10 Rating Score
Upside/​Downside
6.8% Downside
$3.07 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.69mentions of Lufax in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-31.15%
From $0.61 to $0.42 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Finance Sector

510th out of 895 stocks

Nondepository Credit Institutions Industry

21st out of 35 stocks


LU stock logo

About Lufax (NYSE:LU) Stock

Lufax Holding Ltd operates a technology-empowered personal financial services platform in China. It offers loan products, including unsecured loans and secured loans, as well as consumer finance loans. The company also provides wealth management platforms, such as Lufax (Lu.com), Lu International (Singapore), and Lu International (Hong Kong) to the middle class and affluent investors to invest in products and portfolios; retail credit facilitation services platform that offers small business owners with lending solutions; and technology empowerment solutions for financial institutions. Lufax Holding Ltd was founded in 2005 and is headquartered in Shanghai, China.

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LU Stock News Headlines

Lufax (NYSE:LU) Stock Price Up 4.7%
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I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
JPMorgan Downgrades Lufax Holding Ltd to Underweight
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
See More Headlines
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LU Company Calendar

Last Earnings
11/23/2022
Today
2/01/2023
Next Earnings (Estimated)
3/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
92,380
Year Founded
2005

Price Target and Rating

Average Stock Price Forecast
$3.07
High Stock Price Forecast
$6.40
Low Stock Price Forecast
$1.40
Forecasted Upside/Downside
-6.8%
Consensus Rating
Hold
Rating Score (0-4)
2.10
Research Coverage
10 Analysts

Profitability

Net Income
$2.60 billion
Pretax Margin
29.54%

Debt

Sales & Book Value

Annual Sales
$9.70 billion
Cash Flow
$1.27 per share
Book Value
$5.95 per share

Miscellaneous

Outstanding Shares
2,285,810,000
Free Float
N/A
Market Cap
$7.52 billion
Optionable
Not Optionable
Beta
0.46

Key Executives

  • Mr. Yong Suk Cho (Age 50)
    Co-CEO & Chairman
  • Mr. Gregory Dean Gibb (Age 55)
    Co-CEO & Director
  • Mr. Siu Kam Choy (Age 47)
    Chief Financial Officer
  • Mr. Jinliang Mao (Age 56)
    Chief Technology Officer
  • Ms. Zhuang Yan
    Chief HR Officer
  • Mr. Yu Chen
    Head of Board Office & Capital Markets
  • Ms. Younjeong Lim
    Chief Risk Officer













LU Stock - Frequently Asked Questions

Should I buy or sell Lufax stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lufax in the last year. There are currently 2 sell ratings, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LU, but not buy additional shares or sell existing shares.
View LU analyst ratings
or view top-rated stocks.

What is Lufax's stock price forecast for 2023?

10 Wall Street research analysts have issued 12-month price targets for Lufax's stock. Their LU share price forecasts range from $1.40 to $6.40. On average, they predict the company's share price to reach $3.07 in the next year. This suggests that the stock has a possible downside of 6.8%.
View analysts price targets for LU
or view top-rated stocks among Wall Street analysts.

How have LU shares performed in 2023?

Lufax's stock was trading at $1.94 at the beginning of the year. Since then, LU shares have increased by 69.6% and is now trading at $3.29.
View the best growth stocks for 2023 here
.

Are investors shorting Lufax?

Lufax saw a increase in short interest in January. As of January 15th, there was short interest totaling 39,910,000 shares, an increase of 43.6% from the December 31st total of 27,790,000 shares. Based on an average trading volume of 19,070,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.7% of the shares of the stock are short sold.
View Lufax's Short Interest
.

When is Lufax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
View our LU earnings forecast
.

How were Lufax's earnings last quarter?

Lufax Holding Ltd (NYSE:LU) announced its quarterly earnings data on Wednesday, November, 23rd. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.15 by $0.07. The company had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $2.09 billion. Lufax had a trailing twelve-month return on equity of 13.69% and a net margin of 20.48%.

How often does Lufax pay dividends? What is the dividend yield for Lufax?

Lufax announced a semi-annual dividend on Thursday, October 20th. Shareholders of record on Thursday, October 13th will be paid a dividend of $0.17 per share on Friday, October 28th. This represents a dividend yield of 11%. The ex-dividend date of this dividend is Wednesday, October 12th.
Read our dividend analysis for LU
.

Is Lufax a good dividend stock?

Lufax (NYSE:LU) pays an annual dividend of $0.30 per share and currently has a dividend yield of 10.14%. LU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LU will have a dividend payout ratio of 71.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LU.

What guidance has Lufax issued on next quarter's earnings?

Lufax updated its FY 2022 earnings guidance on Sunday, December, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $8.01 billion-$8.15 billion, compared to the consensus revenue estimate of $8.49 billion.

When did Lufax IPO?

(LU) raised $2.2 billion in an initial public offering on Friday, October 30th 2020. The company issued 175,000,000 shares at a price of $11.50-$13.50 per share. Goldman Sachs (Asia), BofA Securities, UBS Investment Bank, HSBC, China PA Securities (Hong Kong) Co., Morgan Stanley, CLSA and Jefferies served as the underwriters for the IPO and J.P. Morgan, BOCI, Haitong International, Stifel, China Renaissance and KeyBanc Capital Markets were co-managers.

What is Lufax's stock symbol?

Lufax trades on the New York Stock Exchange (NYSE) under the ticker symbol "LU."

Who are Lufax's major shareholders?

Lufax's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (1.11%), Ariose Capital Management Ltd (0.17%), Sumitomo Mitsui Trust Holdings Inc. (0.05%), Yong Rong HK Asset Management Ltd (0.02%), Renaissance Capital LLC (0.01%) and International Assets Investment Management LLC (0.01%).

How do I buy shares of Lufax?

Shares of LU 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 Lufax's stock price today?

One share of LU stock can currently be purchased for approximately $3.29.

How much money does Lufax make?

Lufax (NYSE:LU) has a market capitalization of $7.52 billion and generates $53.95 billion in revenue each year. The company earns $2.60 billion in net income (profit) each year or $0.79 on an earnings per share basis.

How many employees does Lufax have?

The company employs 92,380 workers across the globe.

Does Lufax have any subsidiaries?
The following companies are subsidiares of Lufax: Chongqing Jin An Microloan Limited, Gem Alliance Limited, Gem Blazing Limited, Harmonious Splendor Limited, Hunan Ping An Puhui Microloan Co. Ltd., Jinjiong (Shenzhen) Technology Service Limited, Lufax Holding (Shenzhen) Technology Service Co. Ltd., Ping An Financing Guarantee (Tianjin) Co. Ltd., Ping An Puhui Enterprises Management Co. Ltd., Ping An Puhui Financing Guarantee Co. Ltd., Ping An Puhui Information Service Co. Ltd., Ping An Puhui Investment & Consulting Co. Ltd., Shenzhen Ping An Puhui Microloan Co. Ltd., Weikun (Shanghai) Technology Service Co. Ltd., and Wincon Hong Kong Investment Company Limited.
Read More
How can I contact Lufax?

Lufax's mailing address is NO. 1333 LUJIAZUI RING ROAD 15/F v, SHANGHAI F4, 200120. The official website for the company is www.lu.com. The company can be reached via phone at 86-21-3863-2121 or via email at investor_relations@lu.com.

This page (NYSE:LU) was last updated on 2/2/2023 by MarketBeat.com Staff