NASDAQ:LPRO Open Lending (LPRO) Stock Forecast, Price & News $10.53 -0.24 (-2.23%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$10.45▼$10.8050-Day Range$6.62▼$10.8552-Week Range$5.35▼$12.27Volume638,267 shsAverage Volume729,606 shsMarket Capitalization$1.27 billionP/E Ratio23.93Dividend YieldN/APrice Target$12.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Open Lending MarketRank™ ForecastAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside17.1% Upside$12.33 Price TargetShort InterestBearish4.65% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.36Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth36.11%From $0.36 to $0.49 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector436th out of 845 stocksPersonal Credit Institutions Industry6th out of 12 stocks 2.3 Analyst's Opinion Consensus RatingOpen Lending has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.33, Open Lending has a forecasted upside of 17.1% from its current price of $10.53.Amount of Analyst CoverageOpen Lending has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.65% of the float of Open Lending has been sold short.Short Interest Ratio / Days to CoverOpen Lending has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Open Lending has recently increased by 8.73%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldOpen Lending does not currently pay a dividend.Dividend GrowthOpen Lending does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LPRO. Previous Next 3.5 News and Social Media Coverage News SentimentOpen Lending has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Open Lending this week, compared to 3 articles on an average week.Search Interest5 people have searched for LPRO on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Open Lending to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Open Lending insiders have not sold or bought any company stock.Percentage Held by Insiders18.30% of the stock of Open Lending is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions91.43% of the stock of Open Lending is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Open Lending are expected to grow by 36.11% in the coming year, from $0.36 to $0.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Open Lending is 23.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Open Lending is 23.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.48.Price to Book Value per Share RatioOpen Lending has a P/B Ratio of 6.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Open Lending (NASDAQ:LPRO) StockOpen 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.Read More Receive LPRO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Open Lending and its competitors with MarketBeat's FREE daily newsletter. Email Address LPRO Stock News HeadlinesJune 1, 2023 | msn.comStephens & Co. Reiterates Open Lending Corp - (LPRO) Equal-Weight RecommendationMay 31, 2023 | americanbankingnews.comOpen Lending Co. (NASDAQ:LPRO) Receives $12.33 Average PT from AnalystsJune 10, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere'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.May 30, 2023 | finance.yahoo.comOpen Lending to Present at William Blair Growth Stock ConferenceMay 13, 2023 | seekingalpha.comOpen Lending Corporation (LPRO) Q1 2023 Earnings Call TranscriptMay 13, 2023 | americanbankingnews.comBrokers Issue Forecasts for Open Lending Co.'s Q3 2023 Earnings (NASDAQ:LPRO)May 13, 2023 | americanbankingnews.comOpen Lending Co. (NASDAQ:LPRO) to Post Q2 2023 Earnings of $0.08 Per Share, William Blair ForecastsMay 12, 2023 | msn.comMorgan Stanley Maintains Open Lending Corp - (LPRO) Underweight RecommendationJune 10, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere'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.May 12, 2023 | msn.comWhy Open Lending Stock Climbed 29% This WeekMay 12, 2023 | finance.yahoo.comSurging Earnings Estimates Signal Upside for Open Lending (LPRO) StockMay 12, 2023 | finance.yahoo.comWhy Open Lending Stock Climbed 29% This WeekMay 12, 2023 | americanbankingnews.comOpen Lending (NASDAQ:LPRO) Price Target Raised to $6.00May 12, 2023 | americanbankingnews.comOpen Lending (NASDAQ:LPRO) Shares Gap Up on Earnings BeatMay 11, 2023 | msn.comCanaccord Genuity Reiterates Open Lending Corp - (LPRO) Buy RecommendationMay 11, 2023 | finance.yahoo.comLending Enablement Solutions Drive ROA Attainment for Automotive Lenders, Open Lending Survey FindsMay 11, 2023 | americanbankingnews.comOpen Lending's (LPRO) "Outperform" Rating Reiterated at William BlairMay 11, 2023 | markets.businessinsider.comMorgan Stanley Remains a Sell on Open Lending (LPRO)May 11, 2023 | msn.comRaymond James Maintains Open Lending Corp - (LPRO) Outperform RecommendationMay 10, 2023 | finance.yahoo.comQ1 2023 Open Lending Corp Earnings CallMay 10, 2023 | markets.businessinsider.comJMP Securities Keeps Their Buy Rating on Open Lending (LPRO)May 10, 2023 | markets.businessinsider.comCanaccord Genuity Reaffirms Their Buy Rating on Open Lending (LPRO)May 9, 2023 | finance.yahoo.comOpen Lending Reports First Quarter 2023 Financial ResultsMay 9, 2023 | finance.yahoo.comOpen Lending (LPRO) Q1 Earnings and Revenues Surpass EstimatesMay 8, 2023 | msn.comOpen Lending Corporation Q1 2023 Earnings PreviewMay 8, 2023 | americanbankingnews.comOpen Lending (LPRO) Scheduled to Post Quarterly Earnings on TuesdayMay 6, 2023 | americanbankingnews.comOpen Lending Co. (NASDAQ:LPRO) Given Consensus Recommendation of "Moderate Buy" by BrokeragesSee More Headlines LPRO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LPRO Company Calendar Last Earnings5/09/2023Today6/10/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Personal credit institutions Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:LPRO CUSIPN/A CIK1806201 Webwww.openlending.com Phone(512) 892-0400FaxN/AEmployees132Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.44 Trailing P/E Ratio23.93 Forward P/E Ratio29.25 P/E GrowthN/ANet Income$66.62 million Net Margins33.36% Pretax Margin46.97% Return on Equity26.08% Return on Assets14.75% Debt Debt-to-Equity Ratio0.69 Current Ratio16.24 Quick Ratio16.24 Sales & Book Value Annual Sales$179.59 million Price / Sales7.07 Cash Flow$0.54 per share Price / Cash Flow19.59 Book Value$1.72 per share Price / Book6.12Miscellaneous Outstanding Shares120,650,000Free Float98,574,000Market Cap$1.27 billion OptionableNot Optionable Beta0.76 Key ExecutivesKeith A. JezekChief Executive Officer & DirectorJill TysonSenior Vice President-OperationsCharles D. JehlChief Financial Officer, Treasurer & Executive VPSarah LackeyChief Technology OfficerThinh NguyenChief Information OfficerKey CompetitorsOaktree Specialty LendingNASDAQ:OCSLEnova InternationalNYSE:ENVALendingClubNYSE:LCWorld AcceptanceNASDAQ:WRLDAtlanticusNASDAQ:ATLCView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCSold 88,455 shares on 6/1/2023Ownership: 0.361%ProShare Advisors LLCSold 1,158 shares on 5/26/2023Ownership: 0.010%JPMorgan Chase & Co.Bought 25,662 shares on 5/18/2023Ownership: 0.109%New York State Common Retirement FundSold 25,924 shares on 5/18/2023Ownership: 0.037%SkyView Investment Advisors LLCBought 30,927 shares on 5/18/2023Ownership: 0.025%View All Institutional Transactions 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 ETFs hold Open Lending's stock? ETFs with the largest weight of Open Lending (NASDAQ:LPRO) stock in their portfolio include SPDR S&P Capital Markets ETF (KCE), Distillate Small/Mid Cash Flow ETF (DSMC), Global X FinTech Thematic ETF (FINX), First Trust NASDAQ BuyWrite Income ETF (FTQI), Royce Quant Small-Cap Quality Value ETF (SQLV), Janus Henderson Small Cap Growth Alpha ETF (JSML), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD).iShares U.S. Tech Breakthrough Multisector ETF (TECB). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Open Lending Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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