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S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Estonia to buy US rocket artillery system in $200M deal
Rail workers say deal won't resolve quality-of-life concerns
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Thousands protest in South Korea in support of truckers
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Ukraine urges tougher Western squeeze on Russian oil prices
UK arrests wealthy Russian as police target Putin enablers
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Estonia to buy US rocket artillery system in $200M deal
Rail workers say deal won't resolve quality-of-life concerns
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Thousands protest in South Korea in support of truckers
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Ukraine urges tougher Western squeeze on Russian oil prices
UK arrests wealthy Russian as police target Putin enablers
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Estonia to buy US rocket artillery system in $200M deal
Rail workers say deal won't resolve quality-of-life concerns
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Thousands protest in South Korea in support of truckers
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Ukraine urges tougher Western squeeze on Russian oil prices
UK arrests wealthy Russian as police target Putin enablers
NASDAQ:LPRO

Open Lending - LPRO Stock Forecast, Price & News

$7.15
-0.14 (-1.92%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$7.02
▼
$7.28
50-Day Range
$6.14
▼
$8.70
52-Week Range
$6.11
▼
$24.99
Volume
961,660 shs
Average Volume
943,894 shs
Market Capitalization
$903.05 million
P/E Ratio
9.17
Dividend Yield
N/A
Price Target
$15.61

Open Lending MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
118.3% Upside
$15.61 Price Target
Short Interest
Bearish
7.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.50mentions of Open Lending in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-18.18%
From $0.66 to $0.54 Per Share

Overall MarketRank™

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

2.44 out of 5 stars

Finance Sector

419th out of 891 stocks

Personal Credit Institutions Industry

6th out of 13 stocks

See Top Rated MarketRank™ Stocks Here
LPRO stock logo

About Open Lending (NASDAQ:LPRO) Stock

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's 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.

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LPRO Stock News Headlines

November 18, 2022 | nasdaq.com
Open Lending Corporation Ascends 13% On Share Buyback
November 17, 2022 | finance.yahoo.com
Open Lending Board of Directors Authorizes $75 Million Share Repurchase Program
November 15, 2022 | finance.yahoo.com
Open Lending Research Exposes Opportunity for Automobile Lenders
November 9, 2022 | finance.yahoo.com
Open Lending Appoints Simona Fillarini as Chief Human Resources Officer, Thinh Nguyen as Chief Information Officer and Jill Tyson as Senior Vice President of Operations
November 9, 2022 | finance.yahoo.com
Open Lending Third Quarter 2022 Earnings: Beats Expectations
November 6, 2022 | seekingalpha.com
Open Lending Corporation (LPRO) Q3 2022 Earnings Call Transcript
November 4, 2022 | finance.yahoo.com
Open Lending Reports Third Quarter 2022 Financial Results
November 4, 2022 | finance.yahoo.com
Open Lending (LPRO) Tops Q3 Earnings and Revenue Estimates
November 4, 2022 | finance.yahoo.com
Analysts Are More Bearish On Open Lending Corporation (NASDAQ:LPRO) Than They Used To Be
November 3, 2022 | msn.com
Warn the students in your family: Data leak + student loan scam
November 3, 2022 | markets.businessinsider.com
BMO Financial Group Increases US$ Prime Lending Rate to 7.00 Percent
November 2, 2022 | msn.com
Ohio Lawmakers Seek Strict Rules for “Clean Energy” Lending
November 2, 2022 | businessinsider.com
A major student-loan company just undermined the GOP-led lawsuit that temporarily halted Biden's debt cancellation
November 2, 2022 | msn.com
Open Lending's Earnings: A Preview
November 1, 2022 | businessinsider.com
PenFed Credit Union auto loans review: Offers a wide range of loan amounts, but doesn't lend for lease buyouts
October 30, 2022 | finance.yahoo.com
Open Lending Corporation (NASDAQ:LPRO) is favoured by institutional owners who hold 67% of the company
October 27, 2022 | msn.com
2 groups of student-loan borrowers need to take action to get expanded loan forgiveness benefits
October 24, 2022 | time.com
Best HELOC and Home Equity Loan Lenders in Illinois
October 22, 2022 | msn.com
Appeals court temporarily pauses student loan forgiveness plan
October 20, 2022 | finance.yahoo.com
America First Credit Union Affords More Members Access to Vehicle Ownership
October 19, 2022 | forbes.com
Best Auto Loan Rates Of 2022
October 18, 2022 | finance.yahoo.com
Open Lending to Announce Third Quarter 2022 Results on November 3, 2022
October 15, 2022 | msn.com
Student loan relief applications are open
October 10, 2022 | msn.com
University of Denver finance professor weighs in on student loan forgiveness plan
October 10, 2022 | bizjournals.com
SBA looks to expand lending network to fintechs, nontraditional lenders
See More Headlines
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LPRO Company Calendar

Last Earnings
11/09/2021
Today
12/03/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/23/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Personal credit institutions
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:LPRO
CUSIP
N/A
CIK
1806201
Web
www.openlending.com
Phone
(512) 892-0400
Fax
N/A
Employees
132
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$15.61
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$5.50
Forecasted Upside/Downside
+118.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.78
Trailing P/E Ratio
9.17
Forward P/E Ratio
10.83
P/E Growth
N/A
Net Income
$146.08 million
Net Margins
48.26%
Pretax Margin
60.77%
Return on Equity
50.39%
Return on Assets
27.65%

Debt

Debt-to-Equity Ratio
0.62
Current Ratio
16.68
Quick Ratio
16.68

Sales & Book Value

Annual Sales
$215.65 million
Price / Sales
4.19
Cash Flow
$1.14 per share
Price / Cash Flow
6.25
Book Value
$1.85 per share
Price / Book
3.86

Miscellaneous

Outstanding Shares
126,300,000
Free Float
104,703,000
Market Cap
$903.05 million
Optionable
Not Optionable
Beta
0.66

Key Executives

  • Mr. Charles D. JehlMr. Charles D. Jehl (Age 54)
    Exec. VP, CFO & Treasurer
    Comp: $773.35k
  • Mr. Keith A. Jezek (Age 58)
    CEO & Director
  • Mr. Richard F. Watkins
    Founder
  • Ms. Jill Tyson
    Sr. VP of Operations
  • Ms. Cecilia Camarillo (Age 54)
    Chief Accounting Officer
  • Ms. Sarah Lackey (Age 39)
    Chief Technology Officer
  • Mr. Thinh Nguyen
    Chief Information Officer
  • Mr. Matthew S. Stark (Age 49)
    Exec. VP, Gen. Counsel & Corp. Sec.
  • Ms. Simona Fillarini
    Chief HR Officer
  • Mr. Matthew R. Roe (Age 39)
    Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













LPRO Stock - Frequently Asked Questions

Should I buy or sell Open Lending stock right now?

8 Wall Street research 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, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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?

8 brokerages have issued 12-month target prices for Open Lending's shares. Their LPRO share price forecasts range from $5.50 to $30.00. On average, they anticipate the company's share price to reach $15.61 in the next twelve months. This suggests a possible upside of 118.3% 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 2022?

Open Lending's stock was trading at $22.48 at the beginning of 2022. Since then, LPRO stock has decreased by 68.2% and is now trading at $7.15.
View the best growth stocks for 2022 here.

Are investors shorting Open Lending?

Open Lending saw a increase in short interest in November. As of November 15th, there was short interest totaling 8,190,000 shares, an increase of 10.2% from the October 31st total of 7,430,000 shares. Based on an average daily volume of 920,000 shares, the short-interest ratio is currently 8.9 days. Approximately 7.8% of the shares of the stock are sold short.
View Open Lending's Short Interest.

When is Open Lending's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our LPRO earnings forecast.

How were Open Lending's earnings last quarter?

Open Lending Co. (NASDAQ:LPRO) issued its earnings results on Tuesday, November, 9th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.03. The business earned $58.89 million during the quarter, compared to the consensus estimate of $54.88 million. Open Lending had a net margin of 48.26% and a trailing twelve-month return on equity of 50.39%. During the same period in the previous year, the business posted $0.10 earnings per share.

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

Open Lending issued an update on its FY 2022 earnings guidance on Friday, November, 18th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $180.00 million-$190.00 million, compared to the consensus revenue estimate of $190.28 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 variety of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (8.65%), Vanguard Group Inc. (7.26%), BlackRock Inc. (6.03%), Villere ST Denis J & Co. LLC (2.01%), State Street Corp (1.92%) and Massachusetts Financial Services Co. MA (1.83%). 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 $7.15.

How much money does Open Lending make?

Open Lending (NASDAQ:LPRO) has a market capitalization of $903.05 million and generates $215.65 million in revenue each year. The company earns $146.08 million in net income (profit) each year or $0.78 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 12/4/2022 by MarketBeat.com Staff