During the last session, SoFi Technologies Inc (NASDAQ:SOFI)’s traded shares were 39.08 million, with the beta value of the company hitting 1.87. At the end of the trading day, the stock’s price was $10.66, reflecting an intraday loss of -2.56% or -$0.28. The 52-week high for the SOFI share is $18.42, that puts it down -72.8 from that peak though still a striking 43.62% gain since the share price plummeted to a 52-week low of $6.01. The company’s market capitalization is $11.69B, and the average intraday trading volume over the past 10 days was 64.07 million shares, and the average trade volume was 51.14 million shares over the past three months.
SoFi Technologies Inc (SOFI) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.95. SOFI has a Sell rating from 2 analyst(s) out of 14 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.
SoFi Technologies Inc (NASDAQ:SOFI) trade information
SoFi Technologies Inc (SOFI) registered a -2.56% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.56% in intraday trading to $10.66, hitting a weekly high. The stock’s 5-day price performance is -6.41%, and it has moved by -10.79% in 30 days. Based on these gigs, the overall price performance for the year is 49.72%. The short interest in SoFi Technologies Inc (NASDAQ:SOFI) is 137.9 million shares and it means that shorts have 2.75 day(s) to cover.
The consensus price target of analysts on Wall Street is $13, which implies an increase of 18.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8.5 and $14 respectively. As a result, SOFI is trading at a discount of -31.33% off the target high and 20.26% off the low.
While earnings are projected to return -35.78% in 2025, the next five years will return 26.26% per annum.
SOFI Dividends
SoFi Technologies Inc is due to release its next quarterly earnings on 2025-Jan-26. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
SoFi Technologies Inc (NASDAQ:SOFI)’s Major holders
SoFi Technologies Inc insiders own 3.34% of total outstanding shares while institutional holders control 47.97%, with the float percentage being 49.63%. VANGUARD GROUP INC is the largest shareholder of the company, while 848.0 institutions own stock in it. As of 2024-06-30, the company held over 90.03 million shares (or 9.1623% of all shares), a total value of $595.1 million in shares.
The next largest institutional holding, with 45.46 million shares, is of BLACKROCK INC.’s that is approximately 4.2941% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $300.47 million.
