Seaport Res Ptn Has Positive View of LendingClub Q2 Earnings

LendingClub Co. (NYSE:LC - Free Report) - Research analysts at Seaport Res Ptn upped their Q2 2025 earnings per share (EPS) estimates for shares of LendingClub in a note issued to investors on Tuesday, June 10th. Seaport Res Ptn analyst W. Ryan now forecasts that the credit services provider will post earnings per share of $0.17 for the quarter, up from their prior forecast of $0.14. The consensus estimate for LendingClub's current full-year earnings is $0.72 per share. Seaport Res Ptn also issued estimates for LendingClub's Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.23 EPS, FY2025 earnings at $0.70 EPS and FY2026 earnings at $1.21 EPS.

Several other analysts have also recently commented on LC. JPMorgan Chase & Co. lowered their target price on LendingClub from $17.00 to $14.00 and set a "neutral" rating on the stock in a research report on Monday, March 10th. Stephens began coverage on LendingClub in a report on Thursday. They issued an "overweight" rating and a $15.00 target price on the stock. Wall Street Zen upgraded LendingClub from a "sell" rating to a "hold" rating in a report on Saturday. Finally, 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. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $16.13.

LendingClub Price Performance

Shares of NYSE LC traded down $0.53 during mid-day trading on Thursday, hitting $10.47. The company had a trading volume of 1,231,632 shares, compared to its average volume of 1,619,387. LendingClub has a 12 month low of $7.81 and a 12 month high of $18.75. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 23.26 and a beta of 2.41. The firm's 50 day simple moving average is $10.21 and its two-hundred day simple moving average is $12.70.

LendingClub (NYSE:LC - Get Free Report) last announced its quarterly 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. The business had revenue of $217.71 million for the quarter, compared to the consensus estimate of $213.71 million. LendingClub had a return on equity of 4.16% and a net margin of 6.52%. The business's revenue was up 21670.0% on a year-over-year basis. During the same quarter last year, the business posted $0.11 EPS.

Insider Activity at LendingClub

In related news, Director Michael P. Zeisser purchased 20,000 shares of LendingClub stock in a transaction on Wednesday, April 30th. The stock was bought at an average price of $9.35 per share, with a total value of $187,000.00. Following the completion of the transaction, the director now directly owns 174,138 shares of the company's stock, valued at approximately $1,628,190.30. This represents a 12.98% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Scott Sanborn sold 5,250 shares of the business's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $10.30, for a total value of $54,075.00. Following the transaction, the chief executive officer now directly owns 1,298,925 shares of the company's stock, valued at $13,378,927.50. This represents a 0.40% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 26,250 shares of company stock valued at $269,273. Insiders own 3.19% of the company's stock.

Hedge Funds Weigh In On LendingClub

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Comerica Bank bought a new stake in shares of LendingClub in the 4th quarter valued at approximately $37,000. SBI Securities Co. Ltd. bought a new stake in shares of LendingClub in the 4th quarter valued at approximately $45,000. Quarry LP grew its stake in shares of LendingClub by 1,427.2% in the 1st quarter. Quarry LP now owns 2,810 shares of the credit services provider's stock valued at $29,000 after purchasing an additional 2,626 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of LendingClub in the 1st quarter valued at approximately $35,000. Finally, Sterling Capital Management LLC grew its stake in shares of LendingClub by 818.6% in the 4th quarter. Sterling Capital Management LLC now owns 3,500 shares of the credit services provider's stock valued at $57,000 after purchasing an additional 3,119 shares during the period. 74.08% of the stock is currently owned by institutional investors.

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.