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S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
This Stock Could Go Up 66% or More. (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
This Stock Could Go Up 66% or More. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
This Stock Could Go Up 66% or More. (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
This Stock Could Go Up 66% or More. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
This Stock Could Go Up 66% or More. (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
This Stock Could Go Up 66% or More. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
NASDAQ:LPRO

Open Lending (LPRO) Stock Forecast, Price & News

$7.00
+0.04 (+0.57%)
(As of 09/26/2023 ET)
Compare
Today's Range
$6.91
$7.10
50-Day Range
$6.96
$11.53
52-Week Range
$5.35
$11.99
Volume
540,955 shs
Average Volume
760,321 shs
Market Capitalization
$844.90 million
P/E Ratio
20.00
Dividend Yield
N/A
Price Target
$10.63

Open Lending MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
51.8% Upside
$10.63 Price Target
Short Interest
Healthy
3.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.16mentions of Open Lending in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$3.18 M Sold Last Quarter
Proj. Earnings Growth
29.41%
From $0.34 to $0.44 Per Share

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 stars

Finance Sector

305th out of 832 stocks

Personal Credit Institutions Industry

5th out of 12 stocks


LPRO stock logo

About Open Lending (NASDAQ:LPRO) Stock

Open 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.

LPRO Price History

LPRO Stock News Headlines

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.
Open Lending (LPRO) Receives a Buy from JMP Securities
Experts: "NVIDIA Bubble" Could Affect Entire Market
Several major analysts are warning that NVIDIA and other tech giants may have gotten “too big to succeed”.
Why Open Lending Stock Was Down 19.2% This Week
Why Open Lending Stock Was Tanking Today
Q2 2023 Open Lending Corp Earnings Call
Open Lending Announces Changes to Board of Directors
Personal Loan Calculator
401(k) loan alternatives
See More Headlines
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LPRO Company Calendar

Last Earnings
8/08/2023
Today
9/27/2023
Next Earnings (Estimated)
11/02/2023
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
180
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$66.62 million
Pretax Margin
40.69%

Debt

Sales & Book Value

Annual Sales
$179.59 million
Cash Flow
$0.55 per share
Book Value
$1.72 per share

Miscellaneous

Free Float
100,059,000
Market Cap
$844.90 million
Optionable
Not Optionable
Beta
0.81
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Key Executives

  • Mr. Keith A. Jezek (Age 59)
    CEO & Director
    Comp: $537.98k
  • Mr. Charles D. JehlMr. Charles D. Jehl (Age 55)
    Exec. VP, CFO & Treasurer
    Comp: $463.81k
  • Ms. Cecilia Camarillo (Age 54)
    Chief Accounting Officer
    Comp: $475.73k
  • Mr. Matthew S. Stark (Age 50)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $496.85k
  • Mr. Matthew R. Roe (Age 40)
    Chief Revenue Officer
    Comp: $723.06k
  • Mr. Richard F. Watkins
    Founder
  • Ms. Jill Tyson
    Sr. VP of Operations
  • Ms. Sarah Lackey (Age 40)
    Chief Technology Officer
  • Mr. Thinh Nguyen (Age 45)
    Chief Information Officer
  • Mr. Kevin Filan
    Sr. VP of Marketing













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

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