NASDAQ:LPRO

Open Lending (LPRO) Stock Price, News & Analysis

$5.57
+0.28 (+5.29%)
(As of 05/8/2024 ET)
Today's Range
$5.25
$5.63
50-Day Range
$4.63
$7.42
52-Week Range
$4.57
$11.99
Volume
720,719 shs
Average Volume
456,444 shs
Market Capitalization
$662.16 million
P/E Ratio
32.76
Dividend Yield
N/A
Price Target
$7.07

Open Lending MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
21.8% Upside
$6.79 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.35mentions of Open Lending in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$367,500 Sold Last Quarter
Proj. Earnings Growth
42.86%
From $0.28 to $0.40 Per Share

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.

2.49 out of 5 stars

Finance Sector

406th out of 874 stocks

Personal Credit Institutions Industry

8th out of 14 stocks

LPRO stock logo

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.

LPRO Stock Price History

LPRO Stock News Headlines

$21,000 in profits in six weeks?
On Wednesday, May 8, the legendary Jonathan Rose is holding his first ever Masters in Trading Summit. Jonathan is one of the sharpest traders I’ve ever met. He made millions trading in the pits of the world’s largest exchanges.
Q1 2024 Open Lending Corp Earnings Call
Open Lending (LPRO) Scheduled to Post Earnings on Tuesday
$21,000 in profits in six weeks?
On Wednesday, May 8, the legendary Jonathan Rose is holding his first ever Masters in Trading Summit. Jonathan is one of the sharpest traders I’ve ever met. He made millions trading in the pits of the world’s largest exchanges.
Open Lending Corp. Cl A
Open Lending Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
Open Lending Announces Leadership Change
LPRO Apr 2024 10.000 call
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/08/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:LPRO
Fax
N/A
Employees
210
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.79
High Stock Price Target
$8.00
Low Stock Price Target
$5.50
Potential Upside/Downside
+27.0%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$22.07 million
Pretax Margin
24.57%

Debt

Sales & Book Value

Annual Sales
$117.46 million
Cash Flow
$0.22 per share
Book Value
$1.73 per share

Miscellaneous

Free Float
101,045,000
Market Cap
$662.16 million
Optionable
Optionable
Beta
1.03
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Key Executives

  • Mr. Charles D. JehlMr. Charles D. Jehl (Age 56)
    Executive VP, COO,CFO & Interim CEO
    Comp: $776.38k
  • Mr. Thinh Nguyen (Age 45)
    Chief Information Officer
    Comp: $456.62k
  • Mr. Matthew S. Stark (Age 51)
    Chief Legal & Compliance Officer and Corporate Secretary
    Comp: $504.57k
  • Mr. Matthew R. Roe (Age 40)
    Chief Revenue Officer
    Comp: $644.31k
  • Mr. Richard F. Watkins
    Founder
  • Ms. Cecilia Camarillo (Age 55)
    Chief Accounting Officer
    Comp: $475.73k
  • Ms. Sarah Lackey (Age 41)
    Chief Technology Officer
  • Mr. Kevin Filan
    Senior Vice President of Marketing
  • Ms. Shawna Kelley Shelor (Age 51)
    Chief People Officer

LPRO Stock Analysis - Frequently Asked Questions

Should I buy or sell Open Lending stock right now?

9 Wall Street 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 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 equities research analysts have issued 1 year target prices for Open Lending's shares. Their LPRO share price targets range from $5.50 to $8.00. On average, they expect the company's stock price to reach $6.79 in the next year. This suggests a possible upside of 21.8% 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 start of the year. Since then, LPRO shares have decreased by 34.5% and is now trading at $5.57.
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, August 13th 2024.
View our LPRO earnings forecast
.

How were Open Lending's earnings last quarter?

Open Lending Co. (NASDAQ:LPRO) issued its quarterly earnings results on Tuesday, May, 7th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.01. The business earned $30.75 million during the quarter, compared to the consensus estimate of $28.65 million. Open Lending had a net margin of 18.79% and a trailing twelve-month return on equity of 10.45%. Open Lending's quarterly revenue was down 19.9% on a year-over-year basis. During the same quarter last year, the business posted $0.10 EPS.

What ETF holds Open Lending's stock?

iShares U.S. Broker-Dealers & Securities Exchanges ETF holds 214,045 shares of LPRO stock, representing 0.10% of its portfolio.

What guidance has Open Lending issued on next quarter's earnings?

Open Lending updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $29.0 million-$33.0 million, compared to the consensus revenue estimate of $31.3 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 shareholders include Wasatch Advisors LP (13.54%), Raymond James & Associates (0.82%), Sei Investments Co. (0.41%), Mirae Asset Global Investments Co. Ltd. (0.19%), Oppenheimer Asset Management Inc. (0.06%) and Los Angeles Capital Management LLC (0.02%). Insiders that own company stock include 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 5/8/2024 by MarketBeat.com Staff

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