NYSE:LU Lufax (LU) Stock Forecast, Price & News $1.42 +0.03 (+2.16%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$1.40▼$1.4850-Day Range$1.29▼$2.1252-Week Range$1.23▼$7.05Volume6.63 million shsAverage Volume10.98 million shsMarket Capitalization$3.25 billionP/E Ratio5.68Dividend Yield6.34%Price Target$2.51 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Lufax MarketRank™ ForecastAnalyst RatingHold2.11 Rating ScoreUpside/Downside77.8% Upside$2.51 Price TargetShort InterestHealthy1.16% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment-0.17Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth69.23%From $0.26 to $0.44 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.2.73 out of 5 starsFinance Sector257th out of 874 stocksNondepository Credit Institutions Industry4th out of 41 stocks 3.1 Analyst's Opinion Consensus RatingLufax has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 3 buy ratings, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.51, Lufax has a forecasted upside of 77.8% from its current price of $1.41.Amount of Analyst CoverageLufax has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.16% of the outstanding shares of Lufax have been sold short.Short Interest Ratio / Days to CoverLufax has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Lufax has recently increased by 34.97%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipLufax is a leading dividend payer. It pays a dividend yield of 6.62%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLufax does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Lufax is 36.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Lufax will have a dividend payout ratio of 20.45% next year. This indicates that Lufax 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 LU. Previous Next 1.6 News and Social Media Coverage News SentimentLufax has a news sentiment score of -0.17. 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 lower news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Lufax this week, compared to 3 articles on an average week.Search Interest10 people have searched for LU on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Lufax to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lufax insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 15.24% of the stock of Lufax is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Lufax are expected to grow by 69.23% in the coming year, from $0.26 to $0.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lufax is 5.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Lufax is 5.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.22.Price to Earnings Growth RatioLufax has a PEG Ratio of 1.36. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLufax has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Lufax (NYSE:LU) StockLufax 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.Read More 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. Email Address LU Stock News HeadlinesJune 3, 2023 | americanbankingnews.comLufax (NYSE:LU) Shares Up 8.2%June 1, 2023 | finance.yahoo.comAnalysts Have Just Cut Their Lufax Holding Ltd (NYSE:LU) Revenue Estimates By 0.2%June 3, 2023 | Behind the Markets (Ad)"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 >>>June 1, 2023 | americanbankingnews.comAnalysts Set Lufax Holding Ltd (NYSE:LU) Price Target at $2.03May 27, 2023 | americanbankingnews.comLufax (NYSE:LU) Trading Down 5.3% Following Analyst DowngradeMay 26, 2023 | americanbankingnews.comLufax (NYSE:LU) Shares Gap Down on Analyst DowngradeMay 24, 2023 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About Lufax HoldingMay 24, 2023 | msn.comHSBC Maintains Lufax Holding Ltd - ADR (LU) Buy RecommendationJune 3, 2023 | Legacy Research (Affiliate) (Ad)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.May 24, 2023 | americanbankingnews.comHSBC Trims Lufax (NYSE:LU) Target Price to $2.50May 24, 2023 | markets.businessinsider.comJefferies Reaffirms Their Buy Rating on Lufax Holding (LU)May 23, 2023 | finance.yahoo.comQ1 2023 Lufax Holding Ltd Earnings CallMay 23, 2023 | finanznachrichten.deLufax Holding Ltd: Lufax Reports First Quarter 2023 Financial ResultsMay 22, 2023 | finance.yahoo.comLufax Holding Ltd. Sponsored ADR (LU) Surpasses Q1 Earnings EstimatesMay 22, 2023 | benzinga.comRecap: Lufax Holding Q1 EarningsMay 22, 2023 | finance.yahoo.comLufax Reports First Quarter 2023 Financial ResultsMay 22, 2023 | markets.businessinsider.comWhat Wall Street expects from Lufax's earningsMay 21, 2023 | americanbankingnews.comLufax (LU) to Release Quarterly Earnings on MondayMay 19, 2023 | msn.comUnusual Call Option Trade in Lufax Holding Ltd - ADR (LU) Worth $64.99KMay 19, 2023 | msn.comLufax Holding Earnings PreviewMay 19, 2023 | americanbankingnews.comLufax (NYSE:LU) Lifted to Outperform at MacquarieMay 17, 2023 | msn.com4 big analyst picks: Royal Caribbean upped to Buy on firming demandMay 17, 2023 | msn.comMacquarie Upgrades Lufax Holding Ltd - ADR (LU)May 16, 2023 | 247wallst.comGoldman Sachs Maintains Lufax ADR Neutral RecommendationMay 16, 2023 | benzinga.comLufax shares are trading higher after Macquarie upgraded the stock from Underperform to Outperform.May 16, 2023 | msn.comBenzinga's Top Ratings Upgrades, Downgrades For May 16, 2023May 16, 2023 | finance.yahoo.comLufax to Announce First Quarter 2023 Financial Results on May 22, 2023See More Headlines LU Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LU Company Calendar Last Earnings3/12/2023Ex-Dividend for 4/21 Dividend4/05/2023Dividend Payable4/21/2023Today6/03/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Nondepository credit institutions Sub-IndustryN/A SectorFinance Current SymbolNYSE:LU CUSIPN/A CIK1816007 Webwww.lu.com Phone86-21-3863-6278FaxN/AEmployees71,034Year Founded2005Price 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 RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.25 Trailing P/E Ratio5.68 Forward P/E Ratio5.46 P/E Growth1.36Net Income$1.29 billion Net Margins8.18% Pretax Margin13.09% Return on Equity4.33% Return on Assets1.17% Debt Debt-to-Equity Ratio0.06 Current Ratio1.48 Quick Ratio1.48 Sales & Book Value Annual Sales$8.43 billion Price / Sales0.39 Cash Flow$0.61 per share Price / Cash Flow2.31 Book Value$6.03 per share Price / Book0.24Miscellaneous Outstanding Shares2,292,220,000Free FloatN/AMarket Cap$3.25 billion OptionableNot Optionable Beta0.57 Key ExecutivesMr. 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 YanChief HR OfficerMr. Yu ChenHead of Board Office & Capital MarketsMs. Younjeong LimChief Risk OfficerMore ExecutivesKey CompetitorsMr. Cooper GroupNASDAQ:COOPWalker & DunlopNYSE:WDSprottNYSE:SIIAvantaxNASDAQ:AVTAVirtu FinancialNASDAQ:VIRTView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Bought 863,596 shares on 6/1/2023Ownership: 0.043%Ameriprise Financial Inc.Sold 422,785 shares on 5/22/2023Ownership: 0.002%JPMorgan Chase & Co.Bought 437,431 shares on 5/18/2023Ownership: 0.058%Susquehanna International Group LLPBought 12,500 shares on 5/16/2023Ownership: 0.000%Squarepoint Ops LLCBought 22,490 shares on 5/16/2023Ownership: 0.007%View All Institutional Transactions 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. What ETFs hold Lufax's stock? ETFs with the largest weight of Lufax (NYSE:LU) stock in their portfolio include First Trust S-Network Global E-Commerce ETF (ISHP), Global X FinTech Thematic ETF (FINX), Amplify Emerging Markets FinTech ETF (EMFQ), Invesco Golden Dragon China ETF (PGJ), KraneShares CSI China Internet ETF (KWEB), Global X SuperDividend ETF (SDIV), Principal Millennial Global Growth ETF (GENY) and iShares MSCI China Multisector Tech ETF (TCHI). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Lufax Holding Ltd Please log in to your account or sign up in order to add this asset to your watchlist. 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. 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