S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Laser breakthrough could send stock soaring 2,467% (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Laser breakthrough could send stock soaring 2,467% (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Laser breakthrough could send stock soaring 2,467% (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Laser breakthrough could send stock soaring 2,467% (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
NYSE:LU

Lufax (LU) Stock Forecast, Price & News

$1.42
+0.03 (+2.16%)
(As of 06/2/2023 ET)
Compare
Today's Range
$1.40
$1.48
50-Day Range
$1.29
$2.12
52-Week Range
$1.23
$7.05
Volume
6.63 million shs
Average Volume
10.98 million shs
Market Capitalization
$3.25 billion
P/E Ratio
5.68
Dividend Yield
6.34%
Price Target
$2.51

Lufax MarketRank™ Forecast

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
77.8% Upside
$2.51 Price Target
Short Interest
Healthy
1.16% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.17mentions of Lufax in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
69.23%
From $0.26 to $0.44 Per Share

Overall MarketRank

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

2.73 out of 5 stars

Finance Sector

257th out of 874 stocks

Nondepository Credit Institutions Industry

4th out of 41 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.

Receive LU Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lufax and its competitors with MarketBeat's FREE daily newsletter.

LU Stock News Headlines

Lufax (NYSE:LU) Shares Up 8.2%
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
Lufax (NYSE:LU) Shares Gap Down on Analyst Downgrade
What 5 Analyst Ratings Have To Say About Lufax Holding
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
HSBC Trims Lufax (NYSE:LU) Target Price to $2.50
Jefferies Reaffirms Their Buy Rating on Lufax Holding (LU)
Q1 2023 Lufax Holding Ltd Earnings Call
Recap: Lufax Holding Q1 Earnings
Lufax Reports First Quarter 2023 Financial Results
What Wall Street expects from Lufax's earnings
Lufax (LU) to Release Quarterly Earnings on Monday
Lufax Holding Earnings Preview
Lufax (NYSE:LU) Lifted to Outperform at Macquarie
See More Headlines

LU Price History

LU Company Calendar

Last Earnings
3/12/2023
Ex-Dividend for 4/21 Dividend
4/05/2023
Dividend Payable
4/21/2023
Today
6/03/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
71,034
Year Founded
2005

Price Target and Rating

Average Stock Price Forecast
$2.51
High Stock Price Forecast
$6.40
Low Stock Price Forecast
$1.40
Forecasted Upside/Downside
+76.6%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
13.09%

Debt

Sales & Book Value

Annual Sales
$8.43 billion
Cash Flow
$0.61 per share
Book Value
$6.03 per share

Miscellaneous

Outstanding Shares
2,292,220,000
Free Float
N/A
Market Cap
$3.25 billion
Optionable
Not Optionable
Beta
0.57

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?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lufax in the last year. There are currently 2 sell ratings, 4 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?

9 Wall Street research analysts have issued 1 year price targets for Lufax's shares. Their LU share price forecasts range from $1.40 to $6.40. On average, they anticipate the company's share price to reach $2.51 in the next year. This suggests a possible upside of 76.6% from the stock's current price.
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 start of the year. Since then, LU stock has decreased by 26.8% and is now trading at $1.42.
View the best growth stocks for 2023 here
.

Are investors shorting Lufax?

Lufax saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 26,670,000 shares, an increase of 35.0% from the April 30th total of 19,760,000 shares. Based on an average daily trading volume, of 10,500,000 shares, the days-to-cover ratio is currently 2.5 days.
View Lufax's Short Interest
.

When is Lufax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our LU earnings forecast
.

How were Lufax's earnings last quarter?

Lufax Holding Ltd (NYSE:LU) issued its quarterly earnings results on Sunday, March, 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.05). The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.67 billion. Lufax had a trailing twelve-month return on equity of 4.33% and a net margin of 8.18%.

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

Lufax announced a semi-annual dividend on Tuesday, March 14th. Investors of record on Friday, April 7th will be paid a dividend of $0.05 per share on Friday, April 21st. This represents a dividend yield of 9.9%. The ex-dividend date is Wednesday, April 5th.
Read our dividend analysis for LU
.

Is Lufax a good dividend stock?

Lufax (NYSE:LU) pays an annual dividend of $0.09 per share and currently has a dividend yield of 6.62%. LU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 36.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LU will have a dividend payout ratio of 20.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LU.

When did Lufax IPO?

(LU) raised $2.2 billion in an IPO on Friday, October 30th 2020. The company issued 175,000,000 shares at $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 acted 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 variety of institutional and retail investors. Top institutional shareholders include Farallon Capital Management LLC (1.67%), BlackRock Inc. (1.52%), Krane Funds Advisors LLC (1.32%), Baillie Gifford & Co. (1.10%), State Street Corp (0.56%) and Robeco Institutional Asset Management B.V. (0.55%).

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 $1.42.

How much money does Lufax make?

Lufax (NYSE:LU) has a market capitalization of $3.25 billion and generates $8.43 billion in revenue each year. The company earns $1.29 billion in net income (profit) each year or $0.25 on an earnings per share basis.

How many employees does Lufax have?

The company employs 71,034 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 86-21-3863-6278 or via email at investor_relations@lu.com.

This page (NYSE:LU) was last updated on 6/3/2023 by MarketBeat.com Staff

My Account -