What is the ticker symbol for Sofi technologies?
SoFi Technologies trades on the NASDAQ under the ticker symbol "SOFI." Who are SoFi Technologies' major shareholders? SoFi Technologies' stock is owned by many different institutional and retail investors.
Is Sofi stock a great investment?
These seven, a mix of growth and value plays, are solid plays for those who can look past near-term uncertainties. SOFI stock has services across a range of banking industries and will generate more money for investors in the long term. The post Strong Growth Outlook Makes SoFi a Great Investment appeared first on I...
How much of Sofi Technologies'stock is owned by insiders?
In the past three months, SoFi Technologies insiders have sold 385,009.56% more of their company's stock than they have bought. Specifically, they have bought $102,316.00 in company stock and sold $394,028,695.00 in company stock. 35.10% of the stock of SoFi Technologies is held by insiders.
What is Sofi weekly dividend ETF?
The company also offers SoFi Weekly Dividend ETF, an equity ETF to provide a weekly dividend payment to shareholders. Social Finance, Inc. was formerly known as Credit-Linked Community Notes of Social Finance Inc.
What stock sector is SoFi?
FinanceKey DataLabelValueSectorFinanceIndustryDiversified Financial Services1 Year Target$10.50Today's High/Low$5.85/$5.5113 more rows
Can you invest in SoFi stock?
SoFi Active Investing is geared toward young investors getting their start in trading, with commission-free trades of stocks, ETFs and fractional shares. SoFi also offers cryptocurrency trading....SoFi Active Investing at a glance.Account minimum$0.Stock trading costs$0.Options tradesNot available.8 more rows
What is the beta of SoFi stock?
1.80SoFi Technologies Inc.Volume49.8MBeta1.80Short Interest131.1M (05/31/22)Short Interest Change131.1MPercent of Float20.53%7 more rows
What is a fair price for SoFi stock?
Analysis. SoFi Technologies's fair value is $11.97.
How do I buy IPO stock on SoFi?
The most up-to-date list of IPO offerings will be available under 'IPO Investing' in the Invest tab of the SoFi mobile app or website. Once they're available, eligible members can get started by selecting an IPO.
How do I buy pre-IPO stock?
Use a Specialized Broker Brokers and financial advisors often take part in pre-IPO trades. They may have acquired stocks that they are willing to sell or represent sellers who seek buyers. You can ask your current broker about pre-IPO stocks or use a broker that specializes in pre-IPO sales.
Is SoFi an ETF?
Intelligently weighted and affordably priced, SoFi's exchange-traded funds (ETFs) are an easy, low-cost way to diversify your portfolio.
Who is SoFi owned by?
SoFi Lending Corp. is a wholly owned subsidiary of Respondent Social Finance, Inc. 3. Respondents have marketed, advertised, offered, and originated a variety of credit products to consumers, including unsecured loans for the purposes of refinancing consumers' student loans.
Does SoFi pay dividends?
SoFi Technologies (SOFI) does not pay a dividend.
Is SoFi stock overvalued?
It went public on June 1 at about $20 per share, and now it is trading at just over $6 per share. It is down 59% year to date. It had become overvalued and got caught up in the growth-stock correction that started last fall. Currently, SoFi's price-to-sales ratio is around 4, down from a high of 18 last year.
Who is selling SoFi?
(NASDAQ: SOFI) (“SoFi” or the “Company”) today announced a secondary offering of 50 million shares of its common stock by entities affiliated with SoftBank Group Corp., Silver Lake Partners, Qatar Investment Authority, Red Crow Capital, LLC and ChaChaCha SPAC 5, LLC (collectively, the “Selling Stockholders”).
Why is SoFi stock dropping?
The company said the report, which was scheduled for after market close on Tuesday, was released early due to human error, according to CNBC's Kate Rooney. Shares were down more than 18% when trading was halted at 11:19 a.m. ET, but trimmed losses to 12% after trading resumed shortly after 2 p.m.
Should I buy or sell SoFi Technologies stock right now?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SoFi Technologies in the last year. There are currently 5 hold ratings an...
What is SoFi Technologies' stock price forecast for 2022?
12 Wall Street analysts have issued 12 month price objectives for SoFi Technologies' shares. Their forecasts range from $7.00 to $26.00. On average...
How has SoFi Technologies' stock price performed in 2022?
SoFi Technologies' stock was trading at $15.81 at the beginning of the year. Since then, SOFI shares have decreased by 62.4% and is now trading at...
When is SoFi Technologies' next earnings date?
SoFi Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022. View our earnings forecast for S...
How were SoFi Technologies' earnings last quarter?
SoFi Technologies, Inc. (NASDAQ:SOFI) issued its quarterly earnings data on Tuesday, May, 10th. The company reported ($0.14) EPS for the quarter, m...
What guidance has SoFi Technologies issued on next quarter's earnings?
SoFi Technologies updated its second quarter 2022 earnings guidance on Tuesday, June, 7th. The company provided EPS guidance of for the period. The...
Who are SoFi Technologies' key executives?
SoFi Technologies' management team includes the following people: Mr. George Thompson Hutton , Independent Non Exec. Chairman (Age 66, Pay $82.5...
Who are some of SoFi Technologies' key competitors?
Some companies that are related to SoFi Technologies include NU (NU) , Synchrony Financial (SYF) , Coinbase Global (COIN) , Lufax (LU) , Hargr...
What is SoFi Technologies' stock symbol?
SoFi Technologies trades on the NASDAQ under the ticker symbol "SOFI."
About SoFi Technologies
SoFi Technologies (NASDAQ:SOFI) Frequently Asked Questions
SoFi Technologies, Inc. provides digital financial services. The company operates through three reportable segments: Lending, Financial Services, and Technology Platform. Its financial services allow its members to borrow, save, spend, invest, and protect their money.
Who is the CEO of SoFi?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SoFi Technologies in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock.
Is IPOE stock a SOFI stock?
SoFi CEO Anthony Noto has built a low-cost processor for all kinds of financial accounts, making his stock a worthy speculation. The post SoFi Stock Is One SPAC That Could Actually Pay Off in the Long R...
What is SOFI technology?
After IPOE stock became SOFI stock and its sponsor's reputation made a comeback, this former SPAC could gain further in the near-term. The post Now Trading Under Its Own Name, SoFi Stock Could Continue ...
What is social finance?
SoFi Technologies, Inc. provides digital financial services. The company operates through three reportable segments: Lending, Financial Services, and Technology Platform. Its financial services allow its members to borrow, save, spend, invest, and protect their money. The company offers student loans; personal loans for debt consolidation and home improvement projects; and home loans. SoFi Technologies, Inc. also provides cash management, investment, and other related services. In addition, it operates Galileo, a technology platform that offers services to financial and non-financial institutions; and Apex, a technology-enabled platform that provides investment custody and clearing brokerage services. The company was incorporated in 2020 and is based in San Francisco, California.
Where is SOFI located?
Social Finance, Inc., a finance company, operates an online platform that provides financial services. It offers student loan refinancing, private student loans, personal loans, auto loan refinance, home loans, mortgage loans, and investments, as well as insurance products for renters, homeowners, automobiles, and others.
Does market cap include convertible securities?
SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its client's finances and operates solely through its mobile app and website. Through its
What is SOFI technology?
It does not include securities convertible into the common equity securities. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable).
Where is SoFi headquartered?
SoFi Technologies develops non-lending financial products, such as money management and investment product offerings, and leverage financial services platform to empower other businesses. The company was founded in 2011 and is headquartered in San Francisco, CA.
How much money did SoFi finance in 2015?
The company was founded in 2011 and is headquartered in San Francisco, CA.
How much has SOFI funded?
By April 2015, the company had funded more than $2 billion in loans, including student loan refinancing, mortgages, personal loans and MBA loans. To celebrate its $2 billion milestone, SoFi announced a contest, #2BillionTogether, to pay off one of its members student loans.
What banks does SoFi have?
As of October 2016, SoFi has funded more than $12 billion in total loan volume and has 175,000 members. In February 2017, it was announced that Social Finance Inc. raised an additional $500 million from an investor group led by Silver Lake, and also including SoftBank, to help support global expansion.
What is SOFI underwriting?
They achieve FDIC insurance through their partner banks: MetaBank, Hills Bank and Trust Company, EagleBank, East West Bank, Tristate Bank Capital Bank, and Wells Fargo. In October 2020, it was reported that SoFi had received approval from the OCC to obtain a United States banking license, with a spokesperson from the company stating they "look forward to continuing to work with the OCC on the next steps of the application process, along with the Fed and FDIC."
How much did SoFi raise in 2013?
SoFi uses an underwriting model that examines free cash flow, professional history and education in addition to a history of responsible bill payment to evaluate its borrowers. They also offer cash management (checking) accounts and an investment platform that includes brokerage and robo-advisor services.
What is SOFI loan?
On October 2, 2013, SoFi announced that it had raised $500 million in debt and equity to fund and refinance student loans. This total funding amount came from $90 million in equity, $151 million in debt, and $200 million in bank participations, with the remaining capital from alumni and community investors.
Does SoFi have a fee policy?
A mobile-first service based in San Francisco, SoFi provides a suite of financial products that includes student loan refinancing, mortgages, personal loans, credit card, investing and banking through both their mobile app and desktop interfaces.
What is OTC Stock?
With over $6 billion dollars in loans issued, SoFi has become one of the largest marketplace lenders. They continue to maintain a policy of no fees for their loans, aside from the interest.
What Kind of Securities Trade on the Over-the-Counter Market?
In order to grasp OTC stock trading and how it works, it helps to have a clear understanding of public stock exchanges.
So Where Are OTC Securities Traded, Exactly?
OTC trading tends to focus on equities, i.e. stocks. In fact, it’s even common to see penny stocks being traded over the counter. The Securities and Exchange Commission (SEC) generally defines penny stocks as stocks that trade for less than $5 per share. Penny stocks can also be referred to as micro-cap stocks.
Pros and Cons of OTC Trading
In the US, the majority of over-the-counter trading takes place on networks operated by OTC Markets Group. This company runs the largest OTC trading marketplace and quote system in the country (the other is the OTC Bulletin Board or OTCBB).
The Takeaway
Investing can be risky in general, but the risks may be heightened with trading OTC stocks. But trading higher risk stocks could result in bigger rewards if they’re able to produce above-average returns.
