Should I buy or sell LexinFintech stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LX, but not buy additional shares or sell existing shares. View LX analyst ratings or view top-rated stocks .

What is LexinFintech's stock price target for 2024?

1 Wall Street analysts have issued twelve-month price objectives for LexinFintech's shares. Their LX share price targets range from $2.12 to $3.20. On average, they expect the company's share price to reach $2.66 in the next twelve months. This suggests a possible upside of 51.1% from the stock's current price. View analysts price targets for LX or view top-rated stocks among Wall Street analysts .

How have LX shares performed in 2024?

LexinFintech's stock was trading at $1.84 at the beginning of 2024. Since then, LX stock has decreased by 4.3% and is now trading at $1.76. View the best growth stocks for 2024 here .

When is LexinFintech's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 11th 2024. View our LX earnings forecast .

How were LexinFintech's earnings last quarter?

LexinFintech Holdings Ltd. (NASDAQ:LX) issued its quarterly earnings data on Wednesday, November, 22nd. The company reported $0.30 EPS for the quarter. The business earned $480.94 million during the quarter. LexinFintech had a trailing twelve-month return on equity of 14.72% and a net margin of 10.75%.

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

LexinFintech announced a Semi-Annual dividend on Thursday, September 14th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.116 per share on Tuesday, October 17th. This represents a yield of 4.1%. The ex-dividend date of this dividend is Thursday, September 14th. Read our dividend analysis for LX .

Is LexinFintech a good dividend stock?

LexinFintech (NASDAQ:LX) pays an annual dividend of $0.20 per share and currently has a dividend yield of 11.60%. LX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 18.35%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for LX .

What ETFs hold LexinFintech's stock?

ETFs with the largest weight of LexinFintech (NASDAQ:LX) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ) and Principal Millennial Global Growth ETF (GENY) . Global X E-Commerce ETF (EBIZ) .

What other stocks do shareholders of LexinFintech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LexinFintech investors own include Marvell Technology (MRVL) , NVIDIA (NVDA) , Block (SQ) , Alibaba Group (BABA) , JD.com (JD) , NeoGenomics (NEO) , Inseego (INSG) , Baidu (BIDU) , Cisco Systems (CSCO) and

When did LexinFintech IPO?

(LX) raised $120 million in an initial public offering (IPO) on Thursday, December 21st 2017. The company issued 12,000,000 shares at $9.00-$11.00 per share. Goldman Sachs (Asia), BofA Merrill Lynch, Deutsche Bank Securities and China Renaissance served as the underwriters for the IPO and ICBC International was co-manager.

Who are LexinFintech's major shareholders?

LexinFintech's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.02%), DGS Capital Management LLC (0.05%), QRG Capital Management Inc. (0.02%), ABS Direct Equity Fund LLC (0.02%), Atria Wealth Solutions Inc. (0.02%) and Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of LexinFintech?

Shares of LX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Positive News SentimentPositive News

NASDAQ:LX

LexinFintech (LX) Stock Price, News & Analysis

$1.76

+0.04 (+2.33%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $1.70
▼
$1.78
50-Day Range: $1.65
▼
$2.15
52-Week Range: $1.62
▼
$3.23

Volume: 368,700 shs
Average Volume: 738,236 shs
Market Capitalization: $286.40 million

P/E Ratio: 1.61
Dividend Yield: 11.36%
Price Target: $2.66

Get LexinFintech alerts:

LexinFintech MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 51.1% Upside
$2.66 Price Target
Short Interest: Healthy
0.70% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.01 out of 5 stars

Finance Sector

313th out of 847 stocks

Nondepository Credit Institutions Industry

8th out of 48 stocks

3.0

Analyst's Opinion

Consensus Rating
LexinFintech has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.66, LexinFintech has a forecasted upside of 51.1% from its current price of $1.76.
Amount of Analyst Coverage
LexinFintech has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.70% of the outstanding shares of LexinFintech have been sold short.
Short Interest Ratio / Days to Cover
LexinFintech has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in LexinFintech has recently increased by 45.67%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
LexinFintech is a leading dividend payer. It pays a dividend yield of 11.60%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
LexinFintech does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of LexinFintech is 18.35%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LX.

3.8

News and Social Media Coverage

News Sentiment
LexinFintech has a news sentiment score of 1.89. 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 higher news sentiment than the 0.81 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for LexinFintech this week, compared to 0 articles on an average week.
Search Interest
10 people have searched for LX on MarketBeat in the last 30 days. This is an increase of 233% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added LexinFintech to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, LexinFintech insiders have not sold or bought any company stock.
Percentage Held by Insiders
27.80% of the stock of LexinFintech is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
57.95% of the stock of LexinFintech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of LexinFintech is 1.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of LexinFintech is 1.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.47.
Price to Book Value per Share Ratio
LexinFintech 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.

See Top Rated MarketRank™ Stocks Here

About LexinFintech Stock (NASDAQ:LX)

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending. It also provides technology-driven platform services for financial institution customers and partners to increase revenues, manage financial risks, enhance operating efficiency and service quality, enhance collections, and reduce overall costs; Maiya application, a location-based services shopping experience with buy-now and pay-later options; and Juzi Licai, an online investment platform. In addition, the company offers technical support and consulting, software development, financing guarantee, and financial technology services. The company was formerly known as Staging Finance Holding Ltd. and changed its name to LexinFintech Holdings Ltd. in March 2017. LexinFintech Holdings Ltd. was founded in 2013 and is headquartered in Shenzhen, the People's Republic of China.

LX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LX Stock News Headlines

February 1, 2024 | seekingalpha.com

LexinFintech: What To Watch With Upcoming Q4 Results

January 25, 2024 | finance.yahoo.com

LexinFintech Holdings Ltd.'s (NASDAQ:LX) most bullish insider is CEO Wenjie Xiao, and their holdings value went up by 14% last week

February 12, 2024 | Chaikin Analytics (Ad)

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January 22, 2024 | finance.yahoo.com

LexinFintech Holdings Ltd. Appoints Chief Risk Officer

January 18, 2024 | morningstar.com

LexinFintech Holdings Ltd DR

December 2, 2023 | finance.yahoo.com

LexinFintech (LX) Q3 2023 Earnings Call Transcript

November 26, 2023 | realmoney.thestreet.com

Citi downgrades LexinFintech on asset quality deterioration

November 23, 2023 | finance.yahoo.com

LexinFintech Holdings Ltd. (NASDAQ:LX) Q3 2023 Earnings Call Transcript

February 12, 2024 | Stansberry Research (Ad)

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November 22, 2023 | finance.yahoo.com

LexinFintech Holdings Ltd. Reports Third Quarter 2023 Unaudited Financial Results

November 22, 2023 | finance.yahoo.com

LexinFintech Holdings Ltd. Reports Third Quarter 2023 Unaudited Financial Results

November 18, 2023 | morningstar.com

LexinFintech Holdings Ltd DR LX

November 13, 2023 | finance.yahoo.com

LexinFintech Holdings Ltd. to Report Third Quarter 2023 Unaudited Financial Results on November 22, 2023

August 30, 2023 | theglobeandmail.com

Chinese Financial Stock Bid Up Premarket

August 30, 2023 | msn.com

LexinFintech Holdings shares hit 2-week high after Q2 results, co reaffirms guidance

August 30, 2023 | finance.yahoo.com

LexinFintech Holdings Ltd. (NASDAQ:LX) Q2 2023 Earnings Call Transcript

August 30, 2023 | finance.yahoo.com

LexinFintech (LX) Q2 2023 Earnings Call Transcript

August 29, 2023 | markets.businessinsider.com

LexinFintech Holdings Ltd. Reports Second Quarter 2023 Unaudited Financial Results

August 29, 2023 | finance.yahoo.com

LexinFintech Holdings Ltd. Reports Second Quarter 2023 Unaudited Financial Results

August 25, 2023 | fool.com

LexinFintech (NASDAQ: LX)

August 23, 2023 | finance.yahoo.com

LexinFintech Holdings Ltd. to Report Second Quarter 2023 Unaudited Financial Results on August 29, 2023

August 18, 2023 | finance.yahoo.com

Retail investors among LexinFintech Holdings Ltd.'s (NASDAQ:LX) largest stockholders and were hit after last week's 12% price drop

May 26, 2023 | msn.com

LexinFintech: Staying Bullish After Good Q1 Performance

May 24, 2023 | msn.com

LexinFintech reports Q1 results

May 24, 2023 | finance.yahoo.com

LexinFintech (LX) Q1 2023 Earnings Call Transcript

May 23, 2023 | apnews.com

Lexinfintech: Q1 Earnings Snapshot

May 23, 2023 | finance.yahoo.com

LexinFintech Holdings Ltd. Reports First Quarter Unaudited Financial Results

See More Headlines

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Company Calendar

Last Earnings: 11/22/2023
Today: 2/11/2024
Next Earnings (Estimated): 3/11/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Nondepository credit institutions
Sub-Industry: N/A
Current Symbol: NASDAQ:LX
CUSIP: N/A
CIK: 1708259
Web: www.lexin.com
Phone: 8675536378888
Fax: N/A
Employees: 3,872
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.66
High Stock Price Target: $3.20
Low Stock Price Target: $2.12
Potential Upside/Downside: +51.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.09
Trailing P/E Ratio: 1.61
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $118.85 million
Net Margins: 10.75%
Pretax Margin: 13.43%
Return on Equity: 14.72%
Return on Assets: 5.70%

Debt

Debt-to-Equity Ratio: 0.12
Current Ratio: 1.47
Quick Ratio: 1.47

Sales & Book Value

Annual Sales: $1.43 billion
Price / Sales: 0.20
Cash Flow: $0.81 per share
Price / Cash Flow: 2.16
Book Value: $7.71 per share
Price / Book: 0.23

Miscellaneous

Outstanding Shares: 162,730,000
Free Float: 117,489,000
Market Cap: $286.40 million
Optionable: Optionable
Beta: 0.61

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Key Executives

Mr. Wenjie Xiao (Age 41)
Chairman & CEO
Mr. Yi Wu (Age 45)
President & Director
Mr. Xigui Zheng (Age 58)
CFO & Director
Mr. Yong Lu (Age 50)
Chief Technology Officer
Mandy Dong
IR Director
Mr. Ming Zhao (Age 49)
Chief Marketing Officer
Ms. Yunwen Yang (Age 53)
Chief Human Resources Officer
Mr. Yan Zeng (Age 56)
Senior Consultant
Mr. Jianbin Huang
VP, CEO Assistant & Chairman of Lexin Philanthropy
Mr. Zhanwen Qiao
Chief Risk Control Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

LX Stock Analysis - Frequently Asked Questions

Should I buy or sell LexinFintech stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LexinFintech in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LX, but not buy additional shares or sell existing shares.
View LX analyst ratings or view top-rated stocks.
What is LexinFintech's stock price target for 2024?: 1 Wall Street analysts have issued twelve-month price objectives for LexinFintech's shares. Their LX share price targets range from $2.12 to $3.20. On average, they expect the company's share price to reach $2.66 in the next twelve months. This suggests a possible upside of 51.1% from the stock's current price.
View analysts price targets for LX or view top-rated stocks among Wall Street analysts.
How have LX shares performed in 2024?: LexinFintech's stock was trading at $1.84 at the beginning of 2024. Since then, LX stock has decreased by 4.3% and is now trading at $1.76.
View the best growth stocks for 2024 here.
When is LexinFintech's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 11th 2024.
View our LX earnings forecast.
How were LexinFintech's earnings last quarter?: LexinFintech Holdings Ltd. (NASDAQ:LX) issued its quarterly earnings data on Wednesday, November, 22nd. The company reported $0.30 EPS for the quarter. The business earned $480.94 million during the quarter. LexinFintech had a trailing twelve-month return on equity of 14.72% and a net margin of 10.75%.
How often does LexinFintech pay dividends? What is the dividend yield for LexinFintech?: LexinFintech announced a Semi-Annual dividend on Thursday, September 14th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.116 per share on Tuesday, October 17th. This represents a yield of 4.1%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for LX.

Is LexinFintech a good dividend stock?: LexinFintech (NASDAQ:LX) pays an annual dividend of $0.20 per share and currently has a dividend yield of 11.60%. LX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 18.35%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LX.
What ETFs hold LexinFintech's stock?: ETFs with the largest weight of LexinFintech (NASDAQ:LX) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ) and Principal Millennial Global Growth ETF (GENY).Global X E-Commerce ETF (EBIZ).
What other stocks do shareholders of LexinFintech own?: Based on aggregate information from My MarketBeat watchlists, some companies that other LexinFintech investors own include Marvell Technology (MRVL), NVIDIA (NVDA), Block (SQ), Alibaba Group (BABA), JD.com (JD), NeoGenomics (NEO), Inseego (INSG), Baidu (BIDU), Cisco Systems (CSCO) and
When did LexinFintech IPO?: (LX) raised $120 million in an initial public offering (IPO) on Thursday, December 21st 2017. The company issued 12,000,000 shares at $9.00-$11.00 per share. Goldman Sachs (Asia), BofA Merrill Lynch, Deutsche Bank Securities and China Renaissance served as the underwriters for the IPO and ICBC International was co-manager.
Who are LexinFintech's major shareholders?: LexinFintech's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.02%), DGS Capital Management LLC (0.05%), QRG Capital Management Inc. (0.02%), ABS Direct Equity Fund LLC (0.02%), Atria Wealth Solutions Inc. (0.02%) and Concourse Financial Group Securities Inc. (0.00%).
How do I buy shares of LexinFintech?: Shares of LX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LX) was last updated on 2/12/2024 by MarketBeat.com Staff

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