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S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
NASDAQ:LPRO

Open Lending (LPRO) Stock Forecast, Price & News

$10.53
-0.24 (-2.23%)
(As of 06/9/2023 ET)
Compare
Today's Range
$10.45
$10.80
50-Day Range
$6.62
$10.85
52-Week Range
$5.35
$12.27
Volume
638,267 shs
Average Volume
729,606 shs
Market Capitalization
$1.27 billion
P/E Ratio
23.93
Dividend Yield
N/A
Price Target
$12.33

Open Lending MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
17.1% Upside
$12.33 Price Target
Short Interest
Bearish
4.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.36mentions of Open Lending in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
36.11%
From $0.36 to $0.49 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Finance Sector

436th out of 845 stocks

Personal Credit Institutions Industry

6th out of 12 stocks


LPRO stock logo

About Open Lending (NASDAQ:LPRO) Stock

Open Lending Corp. provides lending enablement and risk analytics to credit unions, regional banks and the captive finance companies of original equipment manufacturers (OEM Captives). It specializes in risk-based pricing and modeling and provides automated decision-technology for automotive lenders throughout the United States. The firm addresses the financing needs of near-prime and non-prime borrowers, or borrowers with a credit score who are underserved in the automotive finance industry. The company was founded by John J. Flynn, Sandy Watkins and Ross M. Jessup in 2000 and is headquartered in Austin, TX.

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LPRO Stock News Headlines

BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
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There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Why Open Lending Stock Climbed 29% This Week
Open Lending (NASDAQ:LPRO) Price Target Raised to $6.00
Open Lending (NASDAQ:LPRO) Shares Gap Up on Earnings Beat
Morgan Stanley Remains a Sell on Open Lending (LPRO)
Q1 2023 Open Lending Corp Earnings Call
JMP Securities Keeps Their Buy Rating on Open Lending (LPRO)
See More Headlines

LPRO Price History

LPRO Company Calendar

Last Earnings
5/09/2023
Today
6/10/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:LPRO
Fax
N/A
Employees
132
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.33
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+17.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$66.62 million
Pretax Margin
46.97%

Debt

Sales & Book Value

Annual Sales
$179.59 million
Cash Flow
$0.54 per share
Book Value
$1.72 per share

Miscellaneous

Free Float
98,574,000
Market Cap
$1.27 billion
Optionable
Not Optionable
Beta
0.76

Key Executives

  • Keith A. Jezek
    Chief Executive Officer & Director
  • Jill Tyson
    Senior Vice President-Operations
  • Charles D. JehlCharles D. Jehl
    Chief Financial Officer, Treasurer & Executive VP
  • Sarah Lackey
    Chief Technology Officer
  • Thinh Nguyen
    Chief Information Officer













LPRO Stock - Frequently Asked Questions

Should I buy or sell Open Lending stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Open Lending in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LPRO shares.
View LPRO analyst ratings
or view top-rated stocks.

What is Open Lending's stock price forecast for 2023?

9 analysts have issued twelve-month target prices for Open Lending's stock. Their LPRO share price forecasts range from $6.00 to $30.00. On average, they expect the company's share price to reach $12.33 in the next twelve months. This suggests a possible upside of 17.1% 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 2023?

Open Lending's stock was trading at $6.75 at the beginning of 2023. Since then, LPRO stock has increased by 56.0% and is now trading at $10.53.
View the best growth stocks for 2023 here
.

When is Open Lending's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our LPRO earnings forecast
.

How were Open Lending's earnings last quarter?

Open Lending Co. (NASDAQ:LPRO) announced its quarterly earnings results on Tuesday, May, 9th. The company reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.03. The firm had revenue of $38.36 million for the quarter, compared to the consensus estimate of $32.19 million. Open Lending had a net margin of 33.36% and a trailing twelve-month return on equity of 26.08%. The firm's revenue for the quarter was down 23.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.18 earnings per share.

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

Open Lending issued an update on its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $33.00 million-$37.00 million, compared to the consensus revenue estimate of $34.73 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 Ampio Pharmaceuticals (AMPE), Trevena (TRVN), Advanced Micro Devices (AMD), Can-Fite BioPharma (CANF), ChromaDex (CDXC), Ciena (CIEN), Chimerix (CMRX), CTI BioPharma (CTIC) and DRDGOLD (DRD).

What is Open Lending's stock symbol?

Open Lending trades on the NASDAQ under the ticker symbol "LPRO."

Who are Open Lending's major shareholders?

Open Lending's stock is owned by a number of institutional and retail investors. Top institutional investors include Wasatch Advisors LP (13.89%), Price T Rowe Associates Inc. MD (9.94%), BlackRock Inc. (6.27%), State Street Corp (1.91%), Geode Capital Management LLC (1.66%) and Villere ST Denis J & Co. LLC (1.34%). Insiders that own company stock include Blair J Greenberg, Charles D Jehl, Gene Yoon, John Joseph Flynn, Nebula Holdings Llc, Ross M Jessup and Sagemount I LP Bregal.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Open Lending's stock price today?

One share of LPRO stock can currently be purchased for approximately $10.53.

How much money does Open Lending make?

Open Lending (NASDAQ:LPRO) has a market capitalization of $1.27 billion and generates $179.59 million in revenue each year. The company earns $66.62 million in net income (profit) each year or $0.44 on an earnings per share basis.

How many employees does Open Lending have?

The company employs 132 workers across the globe.

How can I contact Open Lending?

Open Lending's mailing address is BARTON OAKS ONE 901 S. MOPAC EXPRESSWAY BLDG. 1 SUITE 510, AUSTIN TX, 78746. The official website for the company is www.openlending.com. The company can be reached via phone at (512) 892-0400 or via email at investorrelations@openlending.com.

This page (NASDAQ:LPRO) was last updated on 6/10/2023 by MarketBeat.com Staff

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