NYSE:YRDYirendai Stock Price, Forecast & News

Yirendai's stock was trading at $4.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, YRD shares have decreased by 13.8% and is now trading at $3.62.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Yirendai in the last year. There are currently 5 sell ratings for the stock, resulting in a consensus recommendation of "Sell."
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Yirendai is scheduled to release its next quarterly earnings announcement on Tuesday, September 1st 2020.
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Yirendai Ltd - (NYSE:YRD) posted its quarterly earnings data on Tuesday, June, 23rd. The technology company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $1.66 by $1.46. The technology company earned $144.57 million during the quarter. Yirendai had a return on equity of 22.17% and a net margin of 10.52%.
View Yirendai's earnings history.

5 brokerages have issued 12-month target prices for Yirendai's stock. Their forecasts range from $3.70 to $6.92. On average, they expect Yirendai's share price to reach $5.68 in the next year. This suggests a possible upside of 56.9% from the stock's current price.
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Media headlines about YRD stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Yirendai earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.
View the latest news about Yirendai.

Yirendai saw a drop in short interest in May. As of May 15th, there was short interest totaling 931,400 shares, a drop of 11.3% from the April 30th total of 1,050,000 shares. Based on an average daily trading volume, of 220,600 shares, the days-to-cover ratio is currently 4.2 days.
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Some companies that are related to Yirendai include Tidewater (SII), Wins Finance (WINS), Qudian (QD), Blucora (BCOR), Oportun Financial (OPRT), Curo Group (CURO), America First Multifamily Investors (ATAX), CNFinance (CNF), Jiayin Group (JFIN), Security National Financial (SNFCA), X Financial (XYF), On Deck Capital (ONDK), Elevate Credit (ELVT), Weidai (WEI) and Velocity Financial (VEL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Yirendai investors own include Alibaba Group (BABA), NVIDIA (NVDA), Baidu (BIDU), Micron Technology (MU), Qudian (QD), Weibo (WB), salesforce.com (CRM), Square (SQ), Adobe (ADBE) and Align Technology (ALGN).

(YRD) raised $75 million in an initial public offering (IPO) on Friday, December 18th 2015. The company issued 7,500,000 shares at a price of $9.00-$11.00 per share. Morgan Stanley, Credit Suisse and China Renaissance acted as the underwriters for the IPO and Needham & Company was co-manager.

Yirendai trades on the New York Stock Exchange (NYSE) under the ticker symbol "YRD."

Yirendai's stock is owned by many different retail and institutional investors. Top institutional investors include Davis Selected Advisers (2.72%), Envestnet Asset Management Inc. (0.05%) and New York State Common Retirement Fund (0.02%).

YRD stock was purchased by a variety of institutional investors in the last quarter, including Davis Selected Advisers, New York State Common Retirement Fund, and Envestnet Asset Management Inc..

Shares of YRD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of YRD stock can currently be purchased for approximately $3.62.

Yirendai has a market capitalization of $335.07 million and generates $1.24 billion in revenue each year. The technology company earns $165.99 million in net income (profit) each year or $1.78 on an earnings per share basis. Yirendai employs 31,388 workers across the globe.

The official website for Yirendai is www.yirendai.com.

Yirendai's mailing address is 10/F BUILDING 9 91 JIANGUO ROAD CHAOYANG DISTRICT, BEIJING F4, 100022. The technology company can be reached via phone at 86-10-5395-3680 or via email at [email protected]