Jiayin Group (NASDAQ:JFIN - Get Free Report) will be announcing its earnings results before the market opens on Monday, August 21st.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last posted its quarterly earnings results on Thursday, June 8th. The company reported $0.76 earnings per share (EPS) for the quarter. Jiayin Group had a net margin of 33.88% and a return on equity of 135.07%. The company had revenue of $163.40 million for the quarter.
Jiayin Group Stock Down 3.1 %
NASDAQ JFIN opened at $5.72 on Monday. The company's 50 day moving average is $6.09 and its 200-day moving average is $4.68. Jiayin Group has a 12-month low of $1.86 and a 12-month high of $8.19. The firm has a market cap of $305.62 million, a P/E ratio of 1.60 and a beta of 0.96.
Jiayin Group Dividend Announcement
The firm also recently declared a -- dividend, which will be paid on Wednesday, August 16th. Stockholders of record on Friday, July 28th will be given a $0.40 dividend. This represents a dividend yield of 7.3%. The ex-dividend date is Thursday, July 27th. Jiayin Group's dividend payout ratio (DPR) is currently 10.64%.
Analyst Upgrades and Downgrades
Separately, TheStreet raised shares of Jiayin Group from a "c+" rating to a "b-" rating in a research report on Wednesday, June 7th.
Check Out Our Latest Stock Analysis on Jiayin Group
Hedge Funds Weigh In On Jiayin Group
Hedge funds have recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV grew its stake in Jiayin Group by 20.2% during the first quarter. Mercer Global Advisors Inc. ADV now owns 17,733 shares of the company's stock valued at $66,000 after acquiring an additional 2,985 shares in the last quarter. Renaissance Technologies LLC grew its stake in Jiayin Group by 49.0% during the fourth quarter. Renaissance Technologies LLC now owns 21,896 shares of the company's stock valued at $50,000 after acquiring an additional 7,196 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Jiayin Group by 31.3% during the first quarter. Envestnet Asset Management Inc. now owns 30,509 shares of the company's stock valued at $85,000 after acquiring an additional 7,272 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in Jiayin Group during the third quarter valued at approximately $100,000. Hedge funds and other institutional investors own 0.36% of the company's stock.
Jiayin Group Company Profile
(Get Free Report
Jiayin Group Inc provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates transparent, secure, and fast connections between individual borrowers and financial institutions funding partners. It also offers referral services for investment products offered by the financial service providers; and software development, risk control, marketing support, and IT assistance services.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to email@example.com.
Before you consider Jiayin Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jiayin Group wasn't on the list.
While Jiayin Group currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report