Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / finvolution appealing shareholder yield is overshado

FINV - FinVolution: Appealing Shareholder Yield Is Overshadowed By Downside Risks

PPDAI Group Inc. American Depositary Shares each representing five Class A

2024-06-18 13:05:30 ET

Summary

  • FinVolution Group is estimated to offer a potential shareholder yield in the teens for fiscal 2024, considering analyst consensus dividend projections and the company's annualized share repurchases.
  • However, I am concerned that FinVolution Group's actual FY 2024 bottom-line performance could be weaker-than-expected due to asset quality issues and elevated marketing investments.
  • I have decided to stick with a Hold rating for FinVolution after assessing its shareholder capital return and its earnings risk factors.

Elevator Pitch

I have a Hold rating for FinVolution Group ( FINV ) stock. My earlier November 23, 2023 write-up was focused on the review of FinVolution's financial results for the third quarter of last year....

For further details see:

FinVolution: Appealing Shareholder Yield Is Overshadowed By Downside Risks
Stock Information
Company Name: PPDAI Group Inc. American Depositary Shares each representing five Class A
Stock Symbol: FINV
Market: NYSE
Website: ir.finvgroup.com
Menu
FINV FINV Quote FINV Short FINV News FINV Articles FINV Message Board
Get FINV Alerts

News, Short Squeeze, Breakout and More Instantly...