Qfin Holdings Inc. – Sponsored ADR Plans Dividend of $0.46 (NASDAQ:QFIN)

Qfin Holdings Inc. – Sponsored ADR (NASDAQ:QFIN) announced a dividend on Tuesday, August 25th. Stockholders of record on Wednesday, September 9th will be paid a dividend of 0.46 per share on Thursday, October 1st. This represents a dividend yield of 1,032.0%. The ex-dividend date of this dividend is Wednesday, September 9th.

Qfin has a dividend payout ratio of 19.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Qfin to earn $3.90 per share next year, which means the company should continue to be able to cover its $1.54 annual dividend with an expected future payout ratio of 39.5%.

Qfin Stock Performance

NASDAQ QFIN traded down $0.45 during trading hours on Thursday, hitting $8.90. The company had a trading volume of 3,239,311 shares, compared to its average volume of 1,616,693. The business has a 50 day moving average of $13.54 and a 200-day moving average of $13.89. The company has a market cap of $1.08 billion, a PE ratio of 2.14 and a beta of 0.63. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.22 and a current ratio of 2.22. Qfin has a 1-year low of $8.79 and a 1-year high of $32.69.

Qfin (NASDAQ:QFIN) last announced its earnings results on Friday, August 14th. The company reported $0.55 EPS for the quarter. Qfin had a net margin of 22.23% and a return on equity of 15.44%. The business had revenue of $524.96 million during the quarter. As a group, equities research analysts expect that Qfin will post 3.74 EPS for the current year.

Qfin News Summary

Here are the key news stories impacting Qfin this week:

• Positive Sentiment: Qfin declared a semi-annual dividend alongside its second-quarter results, which may provide some income support for shareholders. The company reported quarterly revenue of $524.96 million and continues to operate with a reported net margin above 22%. Qfin second-quarter results and dividend announcement
• Neutral Sentiment: Morgan Stanley lowered Qfin from “Overweight” to “Equal Weight” and set a $13 price target. Although the target implies substantial potential upside from recent levels, the rating change signals reduced confidence in near-term performance. Morgan Stanley rating update
• Negative Sentiment: Qfin’s second-quarter adjusted earnings of $0.48 per share missed consensus estimates of approximately $1.06 and declined sharply from $1.78 a year earlier. Revenue also fell short of expectations, coming in at $524.96 million versus an estimated $562.45 million. Qfin earnings miss report
• Negative Sentiment: Management reportedly indicated that weakness could continue into the third quarter, increasing concerns about loan demand, credit conditions and earnings momentum. Qfin outlook report
• Negative Sentiment: JPMorgan downgraded Qfin to “Underweight” and cut its price target to $9 from $13.50, while Citigroup moved from “Buy” to “Sell” with an $8 target. These actions reinforce investor concerns about persistent operating headwinds. Analyst downgrade coverage
• Negative Sentiment: The Law Offices of Frank R. Cruz announced an investigation into potential federal securities-law violations related to Qfin. The announcement is an investor solicitation and does not establish wrongdoing, but it adds reputational and legal uncertainty following the earnings release. Qfin securities-fraud investigation announcement

Qfin Company Profile

360 DigiTech, Inc (NASDAQ: QFIN) is a China‐based fintech company that specializes in providing digital lending solutions to underserved consumer and small business markets. Leveraging proprietary credit assessment technologies and big data analytics, the company connects borrowers with a network of financial institutions and investors through its online platform. Its services encompass unsecured consumer loans, installment credit products, and working capital financing for micro and small enterprises.

The company’s flagship platform offers an end‐to‐end digital lending experience, from application and credit evaluation to disbursement and repayment.