LendingClub (LC) to Release Quarterly Earnings on Tuesday

LendingClub (NYSE:LC - Get Free Report) is expected to release its Q2 2025 earnings data after the market closes on Tuesday, July 29th. Analysts expect LendingClub to post earnings of $0.15 per share and revenue of $227.04 million for the quarter.

LendingClub (NYSE:LC - Get Free Report) last released its earnings results on Tuesday, April 29th. The credit services provider reported $0.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.10. LendingClub had a return on equity of 4.04% and a net margin of 6.16%. The company had revenue of $217.71 million for the quarter, compared to analysts' expectations of $213.71 million. During the same quarter in the previous year, the firm posted $0.11 EPS. The firm's quarterly revenue was up 21670.0% on a year-over-year basis. On average, analysts expect LendingClub to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

LendingClub Price Performance

NYSE LC traded down $0.12 on Thursday, hitting $13.30. 1,006,038 shares of the company's stock were exchanged, compared to its average volume of 1,598,190. The firm's 50-day moving average price is $11.39 and its two-hundred day moving average price is $11.91. LendingClub has a fifty-two week low of $7.90 and a fifty-two week high of $18.75. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of 30.22 and a beta of 2.44.

Analyst Ratings Changes

A number of research firms recently weighed in on LC. Wall Street Zen cut LendingClub from a "hold" rating to a "sell" rating in a report on Saturday, July 12th. Stephens began coverage on LendingClub in a report on Thursday, June 12th. They issued an "overweight" rating and a $15.00 price target on the stock. Citizens Jmp began coverage on LendingClub in a report on Monday, July 7th. They issued a "market perform" rating on the stock. Keefe, Bruyette & Woods lowered their price target on LendingClub from $15.00 to $14.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Finally, Citigroup assumed coverage on LendingClub in a report on Monday, July 7th. They issued a "market perform" rating on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $16.71.

Insiders Place Their Bets

In other LendingClub news, Director Michael P. Zeisser acquired 20,000 shares of the firm's stock in a transaction dated Wednesday, April 30th. The shares were acquired at an average price of $9.35 per share, for a total transaction of $187,000.00. Following the completion of the acquisition, the director directly owned 174,138 shares of the company's stock, valued at $1,628,190.30. This trade represents a 12.98% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Scott Sanborn sold 5,250 shares of the firm's stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $12.98, for a total value of $68,145.00. Following the sale, the chief executive officer owned 1,283,175 shares in the company, valued at $16,655,611.50. This trade represents a 0.41% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 31,500 shares of company stock worth $355,110. 3.19% of the stock is owned by insiders.

Institutional Investors Weigh In On LendingClub

Hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC raised its position in shares of LendingClub by 165.1% in the 1st quarter. AQR Capital Management LLC now owns 33,788 shares of the credit services provider's stock worth $349,000 after buying an additional 21,045 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of LendingClub by 3.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 300,658 shares of the credit services provider's stock worth $3,103,000 after buying an additional 11,407 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of LendingClub by 1.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 852,005 shares of the credit services provider's stock worth $8,793,000 after buying an additional 12,019 shares during the period. Institutional investors and hedge funds own 74.08% of the company's stock.

About LendingClub

LendingClub Corporation, operates as a bank holding company, that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans.