NASDAQ:LPRO Open Lending (LPRO) Stock Forecast, Price & News $7.00 +0.04 (+0.57%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$6.91▼$7.1050-Day Range$6.96▼$11.5352-Week Range$5.35▼$11.99Volume540,955 shsAverage Volume760,321 shsMarket Capitalization$844.90 millionP/E Ratio20.00Dividend YieldN/APrice Target$10.63 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Open Lending MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside51.8% Upside$10.63 Price TargetShort InterestHealthy3.25% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.16Based on 7 Articles This WeekInsider TradingSelling Shares$3.18 M Sold Last QuarterProj. Earnings Growth29.41%From $0.34 to $0.44 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.2.60 out of 5 starsFinance Sector305th out of 832 stocksPersonal Credit Institutions Industry5th out of 12 stocks 3.3 Analyst's Opinion Consensus RatingOpen Lending has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.63, Open Lending has a forecasted upside of 51.8% from its current price of $7.00.Amount of Analyst CoverageOpen Lending has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.25% 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 5.2.Change versus previous monthShort interest in Open Lending has recently decreased by 0.62%, indicating that investor sentiment is improving. 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 1.0 News and Social Media Coverage News SentimentOpen Lending has a news sentiment score of -0.16. 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 lower news sentiment than the 0.73 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Open Lending this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 3 people have added Open Lending to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Open Lending insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,177,000.00 in company stock.Percentage Held by Insiders17.10% 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 Institutions88.87% 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 29.41% in the coming year, from $0.34 to $0.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Open Lending is 20.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Open Lending is 20.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 86.11.Price to Book Value per Share RatioOpen Lending has a P/B Ratio of 4.07. 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 Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. It offers Lenders Protection Program (LPP), which is a cloud-based automotive lending platform that provides loan analytics solutions and automated issuance of credit default insurance with 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.Read More LPRO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LPRO Stock News HeadlinesSeptember 27, 2023 | americanbankingnews.comOpen Lending's (LPRO) Market Outperform Rating Reiterated at JMP SecuritiesSeptember 26, 2023 | nasdaq.comJMP Securities Reiterates Open Lending (LPRO) Market Outperform RecommendationSeptember 27, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 26, 2023 | markets.businessinsider.comOpen Lending (LPRO) Receives a Buy from JMP SecuritiesSeptember 26, 2023 | americanbankingnews.comJohn Joseph Flynn Sells 50,000 Shares of Open Lending Co. (NASDAQ:LPRO) StockSeptember 26, 2023 | americanbankingnews.comOpen Lending Co. (NASDAQ:LPRO) Director John Joseph Flynn Sells 50,000 Shares of StockSeptember 15, 2023 | finance.yahoo.comWith 67% institutional ownership, Open Lending Corporation (NASDAQ:LPRO) is a favorite amongst the big gunsAugust 17, 2023 | finance.yahoo.comOpen Lending Chief Technology Officer Sarah Lackey Joins Forbes Technology CouncilSeptember 27, 2023 | Stansberry Research (Ad)Experts: "NVIDIA Bubble" Could Affect Entire MarketSeveral major analysts are warning that NVIDIA and other tech giants may have gotten “too big to succeed”.August 11, 2023 | finance.yahoo.comWhy Open Lending Stock Was Down 19.2% This WeekAugust 11, 2023 | markets.businessinsider.comRaymond James Maintains Outperform Rating for Open Lending: Here's What You Need To KnowAugust 9, 2023 | msn.comWhy Open Lending Stock Was Tanking TodayAugust 9, 2023 | finance.yahoo.comWhy Open Lending Stock Was Tanking TodayAugust 9, 2023 | finance.yahoo.comQ2 2023 Open Lending Corp Earnings CallAugust 9, 2023 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: Standard Chartered (OtherSCBFF) and Open Lending (LPRO)August 8, 2023 | finance.yahoo.comOpen Lending (LPRO) Reports Q2 Earnings: What Key Metrics Have to SayAugust 8, 2023 | finance.yahoo.comOpen Lending Reports Second Quarter 2023 Financial ResultsAugust 8, 2023 | msn.comBiden's efforts to make it easier for defrauded student-loan borrowers to get debt relief were blocked by a conservative courtAugust 5, 2023 | finanznachrichten.deOpen Lending Corporation: Open Lending Announces Changes to Board of DirectorsAugust 3, 2023 | finance.yahoo.comOpen Lending to Participate in Upcoming Investor ConferencesAugust 3, 2023 | finance.yahoo.comOpen Lending Announces Changes to Board of DirectorsJuly 28, 2023 | seekingalpha.comOpen Lending: Downside Risks Accelerate As Auto Loans Market StallsJuly 26, 2023 | msn.comSallie Mae (SLM) Q2 Earnings Miss EstimatesJuly 25, 2023 | finance.yahoo.comOpen Lending to Announce Second Quarter 2023 Results on August 8, 2023July 22, 2023 | investopedia.comPersonal Loan CalculatorJuly 21, 2023 | time.comBest Auto Loan Refinance Lenders for July 2023July 21, 2023 | nypost.com401(k) loan alternativesSee More Headlines 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 Company Calendar Last Earnings8/08/2023Today9/27/2023Next Earnings (Estimated)11/02/2023Fiscal 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/AEmployees180Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.63 High Stock Price Forecast$20.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+51.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.35 Trailing P/E Ratio20.00 Forward P/E Ratio20.59 P/E GrowthN/ANet Income$66.62 million Net Margins28.73% Pretax Margin40.69% Return on Equity20.33% Return on Assets11.51% Debt Debt-to-Equity Ratio0.65 Current Ratio15.83 Quick Ratio15.83 Sales & Book Value Annual Sales$179.59 million Price / Sales4.70 Cash Flow$0.55 per share Price / Cash Flow12.79 Book Value$1.72 per share Price / Book4.07Miscellaneous Outstanding Shares120,700,000Free Float100,059,000Market Cap$844.90 million OptionableNot Optionable Beta0.81 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Keith A. Jezek (Age 59)CEO & Director Comp: $537.98kMr. Charles D. Jehl (Age 55)Exec. VP, CFO & Treasurer Comp: $463.81kMs. Cecilia Camarillo (Age 54)Chief Accounting Officer Comp: $475.73kMr. Matthew S. Stark (Age 50)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $496.85kMr. Matthew R. Roe (Age 40)Chief Revenue Officer Comp: $723.06kMr. Richard F. WatkinsFounderMs. Jill TysonSr. VP of OperationsMs. Sarah Lackey (Age 40)Chief Technology Officer Mr. Thinh Nguyen (Age 45)Chief Information Officer Mr. Kevin FilanSr. VP of MarketingMore ExecutivesKey CompetitorsWorld AcceptanceNASDAQ:WRLDLendingClubNYSE:LCAtlanticusNASDAQ:ATLCRegional ManagementNYSE:RMOaktree Specialty LendingNASDAQ:OCSLView All CompetitorsInsiders & InstitutionsJohn Joseph FlynnSold 50,000 sharesTotal: $359,500.00 ($7.19/share)Barclays PLCSold 25,510 shares on 9/21/2023Ownership: 0.031%John Joseph FlynnSold 50,000 sharesTotal: $403,500.00 ($8.07/share)Comerica BankBought 45,752 shares on 8/22/2023Ownership: 0.038%John Joseph FlynnSold 50,000 sharesTotal: $418,500.00 ($8.37/share)View All Insider TransactionsView All Institutional Transactions LPRO Stock - Frequently Asked Questions Should I buy or sell Open Lending stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Open Lending in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LPRO shares. View LPRO analyst ratings or view top-rated stocks. What is Open Lending's stock price forecast for 2023? 10 brokers have issued 12 month price objectives for Open Lending's shares. Their LPRO share price forecasts range from $6.00 to $20.00. On average, they anticipate the company's stock price to reach $10.63 in the next year. This suggests a possible upside of 51.8% 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 on January 1st, 2023. Since then, LPRO stock has increased by 3.7% and is now trading at $7.00. 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, November 2nd 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, August, 8th. The company reported $0.09 EPS for the quarter, hitting analysts' consensus estimates of $0.09. The company had revenue of $38.15 million for the quarter, compared to analyst estimates of $35.60 million. Open Lending had a trailing twelve-month return on equity of 20.33% and a net margin of 28.73%. Open Lending's revenue for the quarter was down 26.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.18 EPS. What ETFs hold Open Lending's stock? ETFs with the largest weight of Open Lending (NASDAQ:LPRO) stock in their portfolio include Invesco Dorsey Wright Financial Momentum ETF (PFI).Global X FinTech Thematic ETF (FINX). What guidance has Open Lending issued on next quarter's earnings? Open Lending issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $29.00 million-$34.00 million, compared to the consensus revenue estimate of $37.30 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 Trevena (TRVN), Advanced Micro Devices (AMD), 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 many different institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (13.85%), BlackRock Inc. (5.79%), State Street Corp (2.13%), Geode Capital Management LLC (1.65%), Dimensional Fund Advisors LP (1.30%) and Kornitzer Capital Management Inc. KS (1.14%). Insiders that own company stock include Blair J Greenberg, Charles D Jehl, Gene Yoon, John Joseph Flynn, Nebula Holdings Llc, Ross M Jessup, Sagemount I LP Bregal and Shubhi Suryaji Rao. 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 $7.00. How much money does Open Lending make? Open Lending (NASDAQ:LPRO) has a market capitalization of $844.90 million and generates $179.59 million in revenue each year. The company earns $66.62 million in net income (profit) each year or $0.35 on an earnings per share basis. How many employees does Open Lending have? The company employs 180 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 9/27/2023 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. 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