X Financial (XYF) to Release Earnings on Wednesday

X Financial (NYSE:XYF) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, November 22nd. Parties that are interested in participating in the company’s conference call can do so using this link.

X Financial (NYSE:XYF) last posted its earnings results on Monday, August 28th. The company reported $1.00 EPS for the quarter. X Financial had a return on equity of 22.98% and a net margin of 27.89%. The firm had revenue of $168.30 million for the quarter.

X Financial Stock Performance

Shares of XYF stock opened at $4.42 on Tuesday. The stock has a market cap of $212.10 million, a PE ratio of 1.39 and a beta of 0.61. The business’s fifty day moving average is $4.01 and its 200-day moving average is $4.08. X Financial has a 1 year low of $2.00 and a 1 year high of $5.00.

X Financial Announces Dividend

The business also recently declared a — dividend, which was paid on Wednesday, October 18th. Shareholders of record on Tuesday, September 19th were given a $0.30 dividend. The ex-dividend date of this dividend was Monday, September 18th. This represents a dividend yield of 6%. X Financial’s dividend payout ratio is currently 2.78%.

Institutional Investors Weigh In On X Financial

Large investors have recently bought and sold shares of the business. Susquehanna International Group LLP bought a new position in X Financial during the first quarter worth about $99,000. Invesco Ltd. acquired a new position in X Financial during the third quarter valued at approximately $84,000. Russell Investments Group Ltd. acquired a new position in X Financial during the second quarter valued at approximately $26,000. State Street Corp raised its position in X Financial by 6.3% during the first quarter. State Street Corp now owns 87,308 shares of the company’s stock valued at $241,000 after purchasing an additional 5,183 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of X Financial by 4.7% during the second quarter. Renaissance Technologies LLC now owns 110,691 shares of the company’s stock worth $486,000 after buying an additional 5,016 shares during the last quarter. 1.36% of the stock is currently owned by institutional investors.

X Financial Company Profile

X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners, as well as Xiaoying revolving loan.