Yirendai (YRD) Expected to Announce Quarterly Earnings on Monday
by Kim Johansen · The Markets DailyYirendai (NYSE:YRD – Get Free Report) will likely be announcing its Q2 2026 results before the market opens on Monday, August 17th. Analysts expect Yirendai to post earnings of $0.3801 per share and revenue of $237.5750 million for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, August 21, 2026 at 12:30 PM ET.
Yirendai (NYSE:YRD – Get Free Report) last released its quarterly earnings data on Friday, June 26th. The technology company reported ($0.82) EPS for the quarter, missing the consensus estimate of $0.38 by ($1.20). Yirendai had a negative return on equity of 7.58% and a negative net margin of 14.35%.The company had revenue of $132.73 million during the quarter, compared to analysts’ expectations of $237.43 million.
Yirendai Trading Up 0.8%
NYSE YRD opened at $1.21 on Friday. The firm has a market cap of $105.78 million, a PE ratio of -1.02 and a beta of 1.13. Yirendai has a 1-year low of $0.82 and a 1-year high of $6.79. The stock has a 50-day moving average of $1.19 and a 200-day moving average of $2.12.
Yirendai declared that its board has initiated a stock repurchase program on Thursday, July 2nd that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the technology company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.
Institutional Investors Weigh In On Yirendai
Large investors have recently added to or reduced their stakes in the company. Arete Wealth Advisors LLC purchased a new position in shares of Yirendai in the fourth quarter valued at about $37,000. American Century Companies Inc. grew its stake in shares of Yirendai by 35.7% in the second quarter. American Century Companies Inc. now owns 23,799 shares of the technology company’s stock worth $140,000 after purchasing an additional 6,261 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Yirendai by 5,362.0% in the third quarter. Raymond James Financial Inc. now owns 27,310 shares of the technology company’s stock worth $162,000 after purchasing an additional 26,810 shares during the last quarter. XTX Topco Ltd increased its holdings in Yirendai by 52.8% during the 4th quarter. XTX Topco Ltd now owns 47,898 shares of the technology company’s stock valued at $177,000 after purchasing an additional 16,554 shares during the period. Finally, Verdad Advisers LP purchased a new position in Yirendai during the 4th quarter valued at about $195,000. Institutional investors own 1.99% of the company’s stock.
Analysts Set New Price Targets
Separately, Weiss Ratings cut Yirendai from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.
View Our Latest Stock Report on Yirendai
About Yirendai
Yirendai Ltd is a leading fintech credit marketplace in China, offering consumer financing solutions through a digital platform. As a subsidiary of CreditEase, one of the country’s earliest peer-to-peer lending pioneers, Yirendai facilitates connections between individual borrowers and institutional or retail investors. The company’s integrated platform handles borrower screening, credit assessment, risk management and loan servicing to deliver a streamlined, transparent lending experience.
The company provides unsecured personal loans for purposes such as debt consolidation, home improvement and small business investment.
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