NASDAQ:LPRO Open Lending (LPRO) Stock Price, News & Analysis → AI to Meet the Same Fate as EVs? (From Porter & Company) (Ad) Free lpro Stock Alerts $6.24 +0.05 (+0.81%) (As of 02:13 PM ET) Add Compare Share Share Today's Range$6.08▼$6.3450-Day Range$6.09▼$8.3752-Week Range$4.89▼$11.99Volume294,855 shsAverage Volume460,257 shsMarket Capitalization$741.81 millionP/E Ratio36.71Dividend YieldN/APrice Target$7.07 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Open Lending alerts: Email Address Open Lending MarketRank™ Stock AnalysisAnalyst RatingHold2.44 Rating ScoreUpside/Downside13.0% Upside$7.07 Price TargetShort InterestBearish3.32% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.36Based on 19 Articles This WeekInsider TradingSelling Shares$1.50 M Sold Last QuarterProj. Earnings Growth42.86%From $0.28 to $0.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.84 out of 5 starsFinance Sector324th out of 856 stocksPersonal Credit Institutions Industry7th out of 13 stocks 3.2 Analyst's Opinion Consensus RatingOpen Lending has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.07, Open Lending has a forecasted upside of 13.0% from its current price of $6.26.Amount of Analyst CoverageOpen Lending has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.32% of the float of Open Lending has been sold short.Short Interest Ratio / Days to CoverOpen Lending has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in Open Lending has recently increased by 14.95%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldOpen Lending does not currently pay a dividend.Dividend GrowthOpen Lending does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LPRO. Previous Next 2.4 News and Social Media Coverage News SentimentOpen Lending has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Open Lending this week, compared to 3 articles on an average week.Search Interest3 people have searched for LPRO on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Open Lending to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Open Lending insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,501,500.00 in company stock.Percentage Held by Insiders18.30% of the stock of Open Lending is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions78.06% of the stock of Open Lending is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Open Lending are expected to grow by 42.86% in the coming year, from $0.28 to $0.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Open Lending is 36.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Open Lending is 36.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.96.Price to Book Value per Share RatioOpen Lending has a P/B Ratio of 3.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyAI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… Simply click here to read Porter’s warning on The Big AI Die-Up now. About Open Lending Stock (NASDAQ:LPRO)Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. The company offers Lenders Protection Program (LPP), which is a cloud-based automotive lending platform that provides loan analytics solutions and automated issuance of credit default insurance with third-party insurance providers. Its LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.Read More LPRO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LPRO Stock News HeadlinesMarch 26, 2024 | insidertrades.comOpen Lending Co. (NASDAQ:LPRO) Director Sells $367,500.00 in StockMarch 27, 2024 | americanbankingnews.comOpen Lending (NASDAQ:LPRO) Price Target Cut to $7.00 by Analysts at Canaccord Genuity GroupMarch 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… March 27, 2024 | americanbankingnews.comOpen Lending (NASDAQ:LPRO) Receives Outperform Rating from Raymond JamesMarch 27, 2024 | americanbankingnews.comOpen Lending (NASDAQ:LPRO) Given "Market Outperform" Rating at JMP SecuritiesMarch 26, 2024 | finanznachrichten.deOpen Lending Corporation: Open Lending Announces Leadership ChangeMarch 26, 2024 | markets.businessinsider.comOpen Lending Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)March 26, 2024 | markets.businessinsider.comStable Leadership and Strong Outlook Justify Buy Rating for Open Lending (LPRO)March 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… March 25, 2024 | msn.comOpen Lending CEO resigns, CFO appointed to position on interim basisMarch 25, 2024 | finance.yahoo.comThin-File Millennial and Gen Z Borrowers Lead in Credit Tier Advancement, Open Lending and TransUnion Research FindsMarch 25, 2024 | globenewswire.comOpen Lending Announces Leadership ChangeMarch 21, 2024 | americanbankingnews.comOpen Lending Co. (NASDAQ:LPRO) Given Average Recommendation of "Hold" by AnalystsMarch 18, 2024 | bloomberg.comBrinley Partners Says Private Credit, Syndicated Lending Will Co-ExistMarch 16, 2024 | finance.yahoo.comLPRO Apr 2024 10.000 callMarch 6, 2024 | finance.yahoo.comOpen Lending Corporation (NASDAQ:LPRO) Q4 2023 Earnings Call TranscriptMarch 5, 2024 | finance.yahoo.comOpen Lending Reveals Winners of the Inaugural Economic Vehicle Accessibility AwardsMarch 1, 2024 | finance.yahoo.comOpen Lending Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowFebruary 29, 2024 | news.yahoo.comFewer banks are tightening lending standards, raising hopes for easier loan access aheadFebruary 29, 2024 | markets.businessinsider.comBeyond The Numbers: 4 Analysts Discuss Open Lending StockFebruary 28, 2024 | msn.comUWM, LendingTree among financial moversFebruary 28, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Lendingtree (TREE) and Open Lending (LPRO)February 28, 2024 | businesswire.comOpen Lending Releases 2024 Vehicle Accessibility Report to Provide Insights on the Near- and Non-Prime Credit SegmentFebruary 27, 2024 | finance.yahoo.comOpen Lending Corp (LPRO) Faces Headwinds: Q4 and Full Year 2023 Earnings AnalysisFebruary 27, 2024 | seekingalpha.comOpen Lending Corporation 2023 Q4 - Results - Earnings Call PresentationFebruary 27, 2024 | globenewswire.comOpen Lending Reports Fourth Quarter and Full Year 2023 Financial ResultsFebruary 26, 2024 | markets.businessinsider.comOpen Lending A is about to announce its earnings — here's what Wall Street expectsSee More Headlines Receive LPRO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Open Lending and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today3/28/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Personal credit institutions Sub-IndustryN/A Current SymbolNASDAQ:LPRO CUSIPN/A CIK1806201 Webwww.openlending.com Phone(512) 892-0400FaxN/AEmployees210Year FoundedN/APrice Target and Rating Average Stock Price Target$7.07 High Stock Price Target$8.00 Low Stock Price Target$5.50 Potential Upside/Downside+14.2%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.17 Trailing P/E Ratio36.41 Forward P/E Ratio22.11 P/E GrowthN/ANet Income$22.07 million Net Margins18.79% Pretax Margin24.57% Return on Equity10.45% Return on Assets5.82% Debt Debt-to-Equity Ratio0.68 Current Ratio14.08 Quick Ratio14.08 Sales & Book Value Annual Sales$117.46 million Price / Sales6.26 Cash Flow$0.20 per share Price / Cash Flow30.59 Book Value$1.73 per share Price / Book3.58Miscellaneous Outstanding Shares118,880,000Free Float98,549,000Market Cap$735.87 million OptionableOptionable Beta1.01 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Keith A. Jezek (Age 60)CEO & Director Comp: $537.98kMr. Charles D. Jehl (Age 56)Executive VP, CFO & Treasurer Comp: $463.81kMs. Cecilia Camarillo (Age 55)Chief Accounting Officer Comp: $475.73kMr. Matthew S. Stark (Age 50)Chief Legal & Compliance Officer and Corporate Secretary Comp: $496.85kMr. Matthew R. Roe (Age 40)Chief Revenue Officer Comp: $723.06kMr. Richard F. WatkinsFounderMs. Sarah Lackey (Age 41)Chief Technology Officer Mr. Thinh Nguyen (Age 45)Chief Information Officer Mr. Kevin FilanSenior Vice President of MarketingMs. Shawna Kelley ShelorChief People OfficerMore ExecutivesKey CompetitorsWorld AcceptanceNASDAQ:WRLDLendingClubNYSE:LCAtlanticusNASDAQ:ATLCRegional ManagementNYSE:RMOaktree Specialty LendingNASDAQ:OCSLView All CompetitorsInsiders & InstitutionsJohn Joseph FlynnSold 50,000 sharesTotal: $367,500.00 ($7.35/share)Vanguard Group Inc.Bought 46,912 shares on 3/11/2024Ownership: 7.970%Goldman Sachs Group Inc.Bought 42,583 shares on 3/1/2024Ownership: 0.348%Chicago Partners Investment Group LLCBought 5,000 shares on 2/23/2024Ownership: 0.021%Price T Rowe Associates Inc. MDSold 2,760 shares on 2/16/2024Ownership: 8.940%View All Insider TransactionsView All Institutional Transactions LPRO Stock Analysis - Frequently Asked Questions Should I buy or sell Open Lending stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Open Lending in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LPRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LPRO, but not buy additional shares or sell existing shares. View LPRO analyst ratings or view top-rated stocks. What is Open Lending's stock price target for 2024? 9 Wall Street research analysts have issued 1-year price targets for Open Lending's stock. Their LPRO share price targets range from $5.50 to $8.00. On average, they anticipate the company's share price to reach $7.07 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price. View analysts price targets for LPRO or view top-rated stocks among Wall Street analysts. How have LPRO shares performed in 2024? Open Lending's stock was trading at $8.51 at the beginning of 2024. Since then, LPRO stock has decreased by 26.4% and is now trading at $6.26. View the best growth stocks for 2024 here. When is Open Lending's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our LPRO earnings forecast. How were Open Lending's earnings last quarter? Open Lending Co. (NASDAQ:LPRO) released its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.09. The business earned $14.90 million during the quarter, compared to the consensus estimate of $27.55 million. Open Lending had a net margin of 18.79% and a trailing twelve-month return on equity of 10.45%. The company's revenue for the quarter was down 44.4% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.03) earnings per share. What ETFs hold Open Lending's stock? ETFs with the largest weight of Open Lending (NASDAQ:LPRO) stock in their portfolio include Invesco Dorsey Wright Financial Momentum ETF (PFI).Global X FinTech Thematic ETF (FINX). What guidance has Open Lending issued on next quarter's earnings? Open Lending issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $26.0 million-$30.0 million, compared to the consensus revenue estimate of $29.2 million. What other stocks do shareholders of Open Lending own? Based on aggregate information from My MarketBeat watchlists, some companies that other Open Lending investors own include Trevena (TRVN), Advanced Micro Devices (AMD), ChromaDex (CDXC), Ciena (CIEN), Chimerix (CMRX), CTI BioPharma (CTIC) and DRDGOLD (DRD). Who are Open Lending's major shareholders? Open Lending's stock is owned by a variety of retail and institutional investors. Top institutional investors include Wasatch Advisors LP (12.98%), Price T Rowe Associates Inc. MD (8.94%), Price T Rowe Associates Inc. MD (8.94%), Vanguard Group Inc. (7.91%), Vanguard Group Inc. (7.97%) and Working Capital Advisors UK Ltd. (5.92%). Insiders that own company stock include Blair J Greenberg, Charles D Jehl, Gene Yoon, John Joseph Flynn, Ross M Jessup, Sagemount I LP Bregal and Shubhi Suryaji Rao. View institutional ownership trends. How do I buy shares of Open Lending? Shares of LPRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:LPRO) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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