Seaport Res Ptn Decreases Earnings Estimates for LendingClub

LendingClub Co. (NYSE:LC - Free Report) - Stock analysts at Seaport Res Ptn reduced their Q2 2025 earnings estimates for LendingClub in a research report issued on Tuesday, May 6th. Seaport Res Ptn analyst W. Ryan now forecasts that the credit services provider will post earnings per share of $0.14 for the quarter, down from their previous forecast of $0.16. 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 $0.16 EPS, Q4 2025 earnings at $0.20 EPS, FY2025 earnings at $0.61 EPS and FY2026 earnings at $1.08 EPS.

LendingClub (NYSE:LC - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The credit services provider reported $0.10 earnings per share for the quarter, hitting the consensus estimate of $0.10. The company had revenue of $217.71 million for the quarter, compared to analysts' expectations of $213.71 million. LendingClub had a return on equity of 4.16% and a net margin of 6.52%. The firm's revenue for the quarter was up 21670.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.11 earnings per share.

Several other equities analysts have also issued reports on LC. Piper Sandler reiterated an "overweight" rating and set a $19.00 target price (down from $20.00) on shares of LendingClub in a report on Wednesday, January 29th. StockNews.com cut LendingClub from a "hold" rating to a "sell" rating in a research note on Tuesday, May 6th. JPMorgan Chase & Co. cut their target price on LendingClub from $17.00 to $14.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. Finally, Keefe, Bruyette & Woods lowered their price target on LendingClub from $15.00 to $14.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, LendingClub currently has an average rating of "Moderate Buy" and an average target price of $15.75.

LendingClub Stock Performance

Shares of LendingClub stock traded up $0.26 during trading on Thursday, hitting $11.39. The company's stock had a trading volume of 385,229 shares, compared to its average volume of 1,595,678. LendingClub has a 52 week low of $7.81 and a 52 week high of $18.75. The company has a fifty day simple moving average of $10.26 and a two-hundred day simple moving average of $13.47. The company has a market capitalization of $1.30 billion, a PE ratio of 25.31 and a beta of 2.35.

Insider Buying and Selling

In related news, Director Michael P. Zeisser purchased 20,000 shares of LendingClub stock in a transaction on Wednesday, April 30th. The stock was acquired at an average price of $9.35 per share, for a total transaction of $187,000.00. Following the completion of the transaction, the director now directly owns 174,138 shares in the company, valued at $1,628,190.30. This represents a 12.98% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Scott Sanborn sold 5,250 shares of the company's stock in a transaction on Wednesday, April 9th. The stock was sold at an average price of $10.00, for a total transaction of $52,500.00. Following the completion of the transaction, the chief executive officer now directly owns 1,303,032 shares of the company's stock, valued at $13,030,320. This represents a 0.40% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,750 shares of company stock worth $257,985. 3.19% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On LendingClub

Several large investors have recently modified their holdings of LC. Comerica Bank bought a new position in LendingClub during the fourth quarter valued at $37,000. SBI Securities Co. Ltd. bought a new position in LendingClub during the 4th quarter valued at about $45,000. Sterling Capital Management LLC grew its holdings in LendingClub by 818.6% during 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 last quarter. National Bank of Canada FI raised its position in LendingClub by 150.6% in the 4th quarter. National Bank of Canada FI now owns 4,074 shares of the credit services provider's stock worth $66,000 after purchasing an additional 2,448 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in LendingClub by 49.2% in the fourth quarter. Jones Financial Companies Lllp now owns 5,986 shares of the credit services provider's stock worth $97,000 after purchasing an additional 1,975 shares during the last quarter. Institutional investors own 74.08% of the company's stock.

LendingClub Company Profile

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.