LendingClub Corporation Company Profile (NYSE:LC)

About LendingClub Corporation

LendingClub Corporation logoLendingClub Corporation (Lending Club) provides online marketplace to connect borrowers and investors. Consumers and small business owners borrow through Lending Club. Investors use Lending Club to earn risk-adjusted returns from an asset class that is only available on a limited basis to large institutional investors. Its technology automates aspects of operations, including the borrower application process, data gathering, credit decisioning and scoring, loan funding, investing and servicing, regulatory compliance and fraud detection. Its platform offers analytical tools and data to enable investors to make decisions and assess their portfolios. Its technology platform has allowed it to expand its offerings from personal loans to include small business loans, and to expand investor classes from individuals to institutions and create various investment vehicles. Its solution offers an online application process and provides borrowers with access to live support and online tools.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: LC
  • CUSIP:
Key Metrics:
  • Previous Close: $5.68
  • 50 Day Moving Average: $5.98
  • 200 Day Moving Average: $5.66
  • 52-Week Range: $3.44 - $9.80
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 28.20
  • P/E Growth: -13.21
  • Market Cap: $2.22B
  • Outstanding Shares: 394,289,000
  • Beta: 2.09
Profitability:
  • Net Margins: -21.75%
  • Return on Equity: -6.68%
  • Return on Assets: -1.18%
Debt:
  • Debt-to-Equity Ratio: 4.53%
  • Current Ratio: 24.27%
  • Quick Ratio: 24.20%
Additional Links:
Companies Related to LendingClub Corporation:

Analyst Ratings

Consensus Ratings for LendingClub Corporation (NYSE:LC) (?)
Ratings Breakdown: 3 Sell Ratings, 15 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $11.56 (104.96% upside)

Analysts' Ratings History for LendingClub Corporation (NYSE:LC)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017BTIG ResearchReiterated RatingBuy$9.00View Rating Details
2/15/2017Canaccord GenuityReiterated RatingHold$7.00View Rating Details
2/15/2017FBR & CoReiterated RatingMarket Perform$6.50View Rating Details
12/6/2016Janney Montgomery ScottInitiated CoverageNeutral$6.00View Rating Details
12/1/2016WedbushReiterated RatingUnderperform$3.75 -> $4.00View Rating Details
11/8/2016Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
11/8/2016Keefe, Bruyette & WoodsReiterated RatingMarket Perform$5.00View Rating Details
11/7/2016Morgan StanleyReiterated RatingEqual WeightView Rating Details
11/7/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$5.00View Rating Details
11/7/2016Credit Suisse GroupReiterated RatingNeutral$7.00View Rating Details
11/7/2016Craig HallumReiterated RatingBuyView Rating Details
11/7/2016Citigroup Inc.Reiterated RatingNeutral$5.00View Rating Details
8/9/2016Pacific CrestReiterated RatingHoldView Rating Details
6/8/2016Compass PointReiterated RatingSellView Rating Details
5/26/2016MacquarieInitiated CoverageNeutral$5.15View Rating Details
5/9/2016William BlairDowngradeBuy -> HoldView Rating Details
5/9/2016GuggenheimDowngradeBuy -> NeutralView Rating Details
5/9/2016Sterne Agee CRTDowngradeNeutral -> Underperform$8.00 -> $5.00View Rating Details
5/9/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
4/14/2016Raymond James Financial, Inc.Initiated CoverageMarket PerformView Rating Details
3/16/2016Royal Bank Of CanadaInitiated CoverageOutperform$92.00View Rating Details
6/15/2015Rafferty Capital MarketsDowngradeHold -> Sell$20.50 -> $10.25View Rating Details
6/8/2015KeyCorpUpgradeEqual Weight -> Overweight$23.00View Rating Details
3/27/2015Portales PartnersInitiated CoverageUnderperformView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for LendingClub Corporation (NYSE:LC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
2/14/2017Q416($0.03)($0.02)$121.84 million$129.20 millionViewListenView Earnings Details
11/7/2016Q316($0.07)($0.04)$103.31 million$112.60 millionViewListenView Earnings Details
8/8/2016Q216($0.02)($0.09)$110.65 million$102.40 millionViewN/AView Earnings Details
5/9/2016Q1$0.05$0.05$148.20 million$151.30 millionViewN/AView Earnings Details
2/11/2016Q415$0.04$0.05$130.60 million$134.50 millionViewListenView Earnings Details
10/29/2015Q315$0.02$0.04$107.95 million$115.10 millionViewListenView Earnings Details
8/4/2015Q215$0.02$0.03$91.72 million$96.10 millionViewN/AView Earnings Details
5/5/2015Q115$0.01$0.02$81.00 millionViewN/AView Earnings Details
2/24/2015Q414$0.01$0.01$66.73 million$69.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for LendingClub Corporation (NYSE:LC)
Current Year EPS Consensus Estimate: $0.05 EPS
Next Year EPS Consensus Estimate: $0.20 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20162($0.07)($0.03)($0.05)
Q3 20163($0.10)($0.04)($0.08)
Q4 20164($0.11)($0.06)($0.08)
Q1 20173($0.10)($0.07)($0.09)
Q2 20173($0.08)($0.02)($0.05)
Q3 20173($0.02)($0.01)($0.01)
Q4 20173($0.03)$0.03$0.00
Q1 20181($0.02)($0.02)($0.02)
Q2 20181($0.02)($0.02)($0.02)
Q3 20181$0.00$0.00$0.00
Q4 20181($0.01)($0.01)($0.01)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for LendingClub Corporation (NYSE:LC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for LendingClub Corporation (NYSE:LC)
Insider Ownership Percentage: 11.40%
Institutional Ownership Percentage: 80.27%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/13/2017Scott SanbornCEOSell33,669$6.74$226,929.06View SEC Filing  
1/26/2017Sameer GulatiCOOSell6,921$6.07$42,010.47View SEC Filing  
1/18/2017John MacilwaineInsiderSell25,000$5.48$137,000.00View SEC Filing  
1/17/2017John MacilwaineInsiderSell25,000$5.49$137,250.00View SEC Filing  
12/27/2016Sameer GulatiCOOSell5,610$5.49$30,798.90View SEC Filing  
12/16/2016Bradley ColemanInsiderSell22,028$5.32$117,188.96View SEC Filing  
11/29/2016Vii Lp CanaanDirectorSell933,675$5.67$5,293,937.25View SEC Filing  
11/28/2016Bradley ColemanInsiderSell8,546$5.81$49,652.26View SEC Filing  
11/28/2016Sameer GulatiCOOSell6,047$5.81$35,133.07View SEC Filing  
11/28/2016Thomas W CaseyCFOSell5,283$5.84$30,852.72View SEC Filing  
11/14/2016Scott SanbornCEOSell46,138$6.18$285,132.84View SEC Filing  
11/11/2016John MacilwaineInsiderSell50,000$5.74$287,000.00View SEC Filing  
10/26/2016Sameer GulatiCOOSell5,854$4.95$28,977.30View SEC Filing  
10/18/2016John MacilwaineInsiderSell50,000$5.01$250,500.00View SEC Filing  
10/17/2016John MacilwaineCTOSell25,000$5.09$127,250.00View SEC Filing  
9/26/2016Sameer GulatiInsiderSell6,105$6.08$37,118.40View SEC Filing  
8/29/2016Sandeep BhandariInsiderSell9,771$5.55$54,229.05View SEC Filing  
8/26/2016Bradley ColemanInsiderSell1,943$5.60$10,880.80View SEC Filing  
8/26/2016Sameer GulatiCOOSell5,826$5.60$32,625.60View SEC Filing  
7/26/2016Sameer GulatiCOOSell5,489$4.60$25,249.40View SEC Filing  
6/27/2016Sameer GulatiCOOSell8,072$4.29$34,628.88View SEC Filing  
6/17/2016Tian Qiao ChenMajor ShareholderBuy24,299,900$4.01$97,442,599.00View SEC Filing  
6/16/2016Tian Qiao ChenMajor ShareholderBuy4,391,440$4.65$20,420,196.00View SEC Filing  
2/16/2016John C MorrisDirectorBuy10,000$8.04$80,400.00View SEC Filing  
1/14/2016John MacilwaineCTOSell25,000$9.11$227,750.00View SEC Filing  
1/12/2016John MacilwaineCTOSell25,000$9.33$233,250.00View SEC Filing  
1/11/2016John MacilwaineCTOSell12,500$9.28$116,000.00View SEC Filing  
1/6/2016Scott SanborninsiderSell70,000$10.30$721,000.00View SEC Filing  
12/18/2015Chaomei CheninsiderSell75,000$11.59$869,250.00View SEC Filing  
12/15/2015Lawrence Henry SummersDirectorSell23,421$12.62$295,573.02View SEC Filing  
12/7/2015Scott SanborninsiderSell35,000$13.16$460,600.00View SEC Filing  
11/30/2015Renaud LaplancheCEOBuy60,000$12.00$720,000.00View SEC Filing  
11/16/2015Lawrence Henry SummersDirectorSell23,421$12.61$295,338.81View SEC Filing  
11/13/2015John MacilwaineCTOSell25,000$13.32$333,000.00View SEC Filing  
11/11/2015John MacilwaineCTOSell25,000$14.10$352,500.00View SEC Filing  
11/6/2015Scott SanborninsiderSell35,000$14.41$504,350.00View SEC Filing  
11/3/2015Carrie DolanCFOSell31,243$15.00$468,645.00View SEC Filing  
10/15/2015Lawrence Henry SummersDirectorSell23,421$14.53$340,307.13View SEC Filing  
10/8/2015Chaomei CheninsiderSell75,000$14.63$1,097,250.00View SEC Filing  
10/6/2015Scott SanborninsiderSell35,000$13.84$484,400.00View SEC Filing  
10/5/2015Lawrence Henry SummersDirectorSell10,000$14.00$140,000.00View SEC Filing  
9/30/2015Lawrence Henry SummersDirectorSell23,421$13.29$311,265.09View SEC Filing  
9/18/2015Chaomei CheninsiderSell75,000$13.53$1,014,750.00View SEC Filing  
9/15/2015John MacilwaineCTOSell25,000$12.71$317,750.00View SEC Filing  
9/14/2015John MacilwaineCTOSell12,500$12.52$156,500.00View SEC Filing  
9/11/2015John MacilwaineCTOSell25,000$12.43$310,750.00View SEC Filing  
9/8/2015Scott SanborninsiderSell35,000$12.36$432,600.00View SEC Filing  
8/20/2015Renaud LaplancheCEOBuy50,000$12.55$627,500.00View SEC Filing  
8/18/2015Chaomei CheninsiderSell75,000$13.31$998,250.00View SEC Filing  
7/8/2015Chaomei ChenInsiderSell150,000$14.20$2,130,000.00View SEC Filing  
6/18/2015John MacilwaineCTOSell7,000$17.01$119,070.00View SEC Filing  
6/9/2015Rebecca LynnDirectorSell450,000$16.91$7,609,500.00View SEC Filing  
12/16/2014Carrie DolanCFOBuy7,500$15.00$112,500.00View SEC Filing  
12/16/2014John C MorrisDirectorBuy12,500$15.00$187,500.00View SEC Filing  
12/16/2014John MacilwaineCTOBuy20,000$15.00$300,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for LendingClub Corporation (NYSE:LC)
DateHeadline
News IconForward Earnings Estimate of LendingClub Corporation(LC) - Highland Mirror (NYSE:LC)
www.highlandmirror.com - February 23 at 5:34 AM
wsj.com logo[$$] China’s Top P2P Lender Pivots Away From the Business (NYSE:LC)
www.wsj.com - February 22 at 11:27 PM
nasdaq.com logoLendingClub Corp Reaches Analyst Target Price (NYSE:LC)
www.nasdaq.com - February 22 at 6:25 PM
News IconThe Technical Case for and Against LendingClub Corporation (LC) - The USA Commerce (NYSE:LC)
www.theusacommerce.com - February 22 at 12:20 PM
News IconAnalyst Advice And Earnings Insight: Zynga Inc. (ZNGA), LendingClub Corporation (LC) - Post Analyst (NYSE:LC)
postanalyst.com - February 22 at 12:20 PM
News IconThe Technicals For LendingClub Corporation (LC), An Important Analysis - NY Stock News (NYSE:LC)
nystocknews.com - February 22 at 12:20 PM
News IconAnalyst's Proposition on SunPower Corporation (SPWR), LendingClub Corporation (LC) - The USA Commerce (NYSE:LC)
theusacommerce.com - February 22 at 12:20 PM
wsj.com logo[$$] China's Top P2P Lender Pivots Away From the Business (NYSE:LC)
www.wsj.com - February 22 at 12:20 PM
fool.com logoThe Biggest Risk to LendingClub's Business Model (NYSE:LC)
www.fool.com - February 21 at 7:52 PM
News IconFinancial Stocks Worth Chasing: Fortress Investment Group LLC (FIG), LendingClub Corporation (LC) (NYSE:LC)
interiordesignfuture.com - February 17 at 4:25 PM
bizjournals.com logoSan Francisco fintech SoFi gets $500M infusion from Silver Lake, Softbank (NYSE:LC)
www.bizjournals.com - February 17 at 4:25 PM
wsj.com logoDefaults Slash Returns for Online Loan Investors (NYSE:LC)
www.wsj.com - February 17 at 9:27 AM
investorplace.com logoLC, AIG and FOSL stock were all taken oit behind the woodshed on Wednesday (NYSE:LC)
investorplace.com - February 17 at 9:27 AM
News IconHistory of LendingClub Corporation (NYSE:LC) stock price after earnings (NYSE:LC)
brassale.net - February 16 at 9:59 PM
News IconThe Sameer Gulati Sold 5610 Shares of LendingClub Corporation (LC) Stock (NYSE:LC)
nyhetsbanken.info - February 16 at 4:58 PM
marketexclusive.com logoLendingClub Corporation (NYSE:LC) Files An 8-K Results of Operations and Financial Condition (NYSE:LC)
marketexclusive.com - February 16 at 4:58 PM
News IconLendingClub Corp (LC) Releases Earnings Results, Beats Expectations By $0.01 EPS (NYSE:LC)
cloudhostinghq.net - February 16 at 4:58 PM
finance.yahoo.com logoLendingClub (LC) Stock Down on Q4 Loss, Disappointing View (NYSE:LC)
finance.yahoo.com - February 16 at 4:58 PM
capitalcube.com logoLendingClub Corp. :LC-US: Earnings Analysis: Q4, 2016 By the Numbers : February 16, 2017 (NYSE:LC)
www.capitalcube.com - February 16 at 4:58 PM
wsj.com logo[$$] Why Online Lenders Keep Disappointing (NYSE:LC)
www.wsj.com - February 16 at 4:58 PM
feeds.benzinga.com logoLendingClub Seen 'Stair-Stepping' To $8 By Year's End (NYSE:LC)
feeds.benzinga.com - February 16 at 3:09 PM
investorplace.com logoLendingClub Corp (LC) Stock Is Dead Money (NYSE:LC)
investorplace.com - February 16 at 12:24 PM
News IconWhat Analysts are Predicting For Pandora Media, Inc. (P), LendingClub Corporation (LC)? - The USA Commerce (NYSE:LC)
www.theusacommerce.com - February 16 at 8:03 AM
wsj.com logo[$$] Silver Lake, Softbank to Join New $500 Million Investment in Lender SoFi (NYSE:LC)
www.wsj.com - February 16 at 8:03 AM
News IconLendingClub Corp (LC) Getting Ready to Play Offense in 2H17 - Smаrt Stоck Nеws (NYSE:LC)
smartstocknews.com - February 15 at 9:18 PM
smarteranalyst.com logoLendingClub Corp (LC) Announces 4Q:16 And Full-Year Financial Results - Smarter Analyst (NYSE:LC)
www.smarteranalyst.com - February 15 at 9:18 PM
smarteranalyst.com logoLendingClub Corp (LC) Announces 4Q:16 and Full-Year Financial Results; Shares Fall 7% - Smarter Analyst (NYSE:LC)
www.smarteranalyst.com - February 15 at 9:18 PM
seekingalpha.com logoLendingClub: Bringing The Sizzle Back - Seeking Alpha (NYSE:LC)
seekingalpha.com - February 15 at 9:18 PM
nasdaq.com logoLendingClub Corp (LC) Stock Isn't Doomed After Q4 Earnings, But … - Nasdaq (NYSE:LC)
www.nasdaq.com - February 15 at 9:18 PM
investorplace.com logoLendingClub Corp (LC) Stock Isn’t Doomed After Q4 Earnings, But … (NYSE:LC)
investorplace.com - February 15 at 9:01 AM
investorplace.com logoLendingClub Corp (LC) Stock Isn’t Doomed After Q4 Earnings, But … (NYSE:LC)
investorplace.com - February 15 at 8:45 AM
finance.yahoo.com logoEdited Transcript of LC earnings conference call or presentation 14-Feb-17 10:00pm GMT (NYSE:LC)
finance.yahoo.com - February 15 at 6:02 AM
nasdaq.com logoUPDATE 2-LendingClub recovery efforts hamper outlook (NYSE:LC)
www.nasdaq.com - February 15 at 12:45 AM
News IconChief Risk Officer of LendingClub Corporation (NYSE:LC), Bogan Timothy, sells 10,000 shares worth $65,000 (NYSE:LC)
empowerednews.net - February 15 at 12:45 AM
News IconWhat are Analysts report about: LendingClub Corporation (NYSE:LC) (NYSE:LC)
www.graffiotech.com - February 15 at 12:45 AM
News IconTarget to Financial Stock Movement: LendingClub Corporation's (LC) (NYSE:LC)
oakridgeobserver.com - February 15 at 12:45 AM
smarteranalyst.com logoDon’t Count Out LendingClub Corp (LC) Shares Just Yet (NYSE:LC)
www.smarteranalyst.com - February 15 at 12:45 AM
us.rd.yahoo.com logo4:12 pm Lending Club beats by $0.01, beats on revs; guides Q1 revs below consensus; guides FY17 revs in-line (NYSE:LC)
us.rd.yahoo.com - February 15 at 12:45 AM
us.rd.yahoo.com logoLendingClub posts third straight quarterly loss (NYSE:LC)
us.rd.yahoo.com - February 15 at 12:45 AM
biz.yahoo.com logoLENDINGCLUB CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:LC)
us.rd.yahoo.com - February 15 at 12:45 AM
finance.yahoo.com logoLendingClub recovery efforts hamper outlook (NYSE:LC)
finance.yahoo.com - February 15 at 12:45 AM
News IconStock Focus: Watching Shares of Lendingclub Corp (LC) - BVN (NYSE:LC)
bvnewsjournal.com - February 14 at 7:44 PM
seekingalpha.com logoInvestors sell the news after LendingClub beats - Seeking Alpha (NYSE:LC)
seekingalpha.com - February 14 at 7:44 PM
sg.finance.yahoo.com logoLendingClub reports 4Q loss (NYSE:LC)
sg.finance.yahoo.com - February 14 at 7:44 PM
wsj.com logo[$$] LendingClub Gives Downbeat Outlook (NYSE:LC)
www.wsj.com - February 14 at 7:44 PM
finance.yahoo.com logoLending Club Slumps as 23% Slide in Loans Fuels Quarterly Loss (NYSE:LC)
finance.yahoo.com - February 14 at 7:44 PM
marketwatch.com logoLendingClub shares fall 8% after quarterly loss (NYSE:LC)
www.marketwatch.com - February 14 at 7:44 PM
forbes.com logoLendingClub Still Losing Money As Costs Rise (NYSE:LC)
www.forbes.com - February 14 at 6:29 PM
seekingalpha.com logoInvestors sell the news after LendingClub beats (NYSE:LC)
seekingalpha.com - February 14 at 5:24 PM
News IconTraders Revving Their Engines on LendingClub Corporation (NYSE:LC), Reaches Most Active List - Winfield Review (NYSE:LC)
winfieldreview.com - February 14 at 12:21 AM

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What is LendingClub Corporation's stock symbol?

LendingClub Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "LC."

Where is LendingClub Corporation's stock going? Where will LendingClub Corporation's stock price be in 2017?

21 brokers have issued 1-year target prices for LendingClub Corporation's shares. Their predictions range from $3.00 to $92.00. On average, they expect LendingClub Corporation's stock price to reach $11.56 in the next twelve months.

When will LendingClub Corporation announce their earnings?

LendingClub Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

What are analysts saying about LendingClub Corporation stock?

Here are some recent quotes from research analysts about LendingClub Corporation stock:

  • According to Zacks Investment Research, "LendingClub Corporation provides internet financial services. The Company offers online marketplace for loan approval, pricing, servicing and support operations as well as regulatory and legal framework which connects borrowers and investors. LendingClub Corporation is headquartered in San Francisco, California. " (1/11/2017)

  • FBR & Co analysts commented, "We reiterate our Market Perform rating and $4 price target on LC following 2Q16 results. Several unusual items (severance, increased incentives, strategic review costs, etc.) negatively impacted both 2Q16 results and the outlook, although origination volume was slightly better than expected. LC reduced its contribution margin target to something in the mid-40%s from 50% given higher customer acquisition cost. LC did not provide an update on its long-term EBITDA guidance, but it is difficult to see how LC can get to the same level with a lower contribution margin. Given the drop in originations, LC reduced some staff, but adjusted EBITDA is and will remain negative (despite the add back of significant stock comp expense) and we would like to see more focus on profitability, especially as originations are falling. LC also announced the company’s CFO has resigned." (8/9/2016)

  • Macquarie analysts commented, "For a 'pure-play' marketplace like LC, investor trust is particularly paramount," Macquarie analyst Tom White stated. But, the San Francisco, California-based online lender has lost investor confidence after the shock resignation of its co-founder, chairman and CEO Renaud Laplanche due to improper loan sales and personal investment disclosures."We can't be entirely certain that these are the only isolated issues at LC, but the Board's rapid/decisive action, coupled with LC's deep executive bench, the scale of its marketplace, and it's still generally solid loan performance, gives LC a good shot at eventually restoring the trust/participation of its platform investors," White wrote.Related Link: Post LendingClub, Other Online Leaders Under NY Regulatory Radar"Forcing out such a popular, high-profile, and evangelical leader like Laplanche shows that LC takes the issue of marketplace integrity/trust very seriously," White continued.Typically, the company doesn't hold loans on its balance sheet. The company generates about 82 percent of its revenues from transaction fees, matching borrowers or matching investors.Meanwhile, following the controversial departure of Laplanche, some institutional investors have paused their LC loan buying programs, White noted.LendingClub's Performance"LendingClub has cut marketing spend to slow top-of-the-funnel traffic to its site," White stated. At the same time, it tries to win back investors to its platform with lower servicing fees that in turn will aggravate its near-term revenue hurdles."LC will re-ramp marketing/originations once investors return, but it remains unclear how long platform investors may pause. All of this points to a likely messy/disappointing 2Q, and uncertain balance of 2016," White said.On the regulatory probe, the analyst said near-term regulatory noise is likely, and he expects more industry oversight in general in the coming years.Related Link: Is LendingClub Ruining Fintech's Future?"That said, the fact that LC's core installment loans for 660–720+ FICO borrowers typically provide cost savings (average APR at 14 percent) relative to alternatives like credit cards (and may help improve credit scores) should make LC less of a target," White noted.The analyst highlighted that LendingClub revenues are" disproportionately tied to originations, but related contribution expenses account for about 60 percent of LC's cost base and are about 75 percent variable." Looking Forward"LC may look to ramp retail investor marketing if institutional capital stays on the sidelines, but LC has been able to maintain high-40 percent contribution margins at significantly lower originations levels historically. Tech, G&A spend is also more discretionary, offering some EBITDA margin flexibility in a downturn," White said.White expects revenue and EBITDA growth in 2016 of 48 percent to $629 million and 35 percent to $94 million."Given the lack of current visibility around investor participation in LC's marketplace, visibility around potential origination and revenue growth outcomes for LC in the near-term is very limited," (5/26/2016)

Who owns LendingClub Corporation stock?

LendingClub Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Sands Capital Management LLC (7.42%), Norwest Venture Partners X L P (3.25%), Fred Alger Management Inc. (3.16%), State Street Corp (1.51%), Renaissance Technologies LLC (0.55%) and Harbourvest Partners LLC (0.48%). Company insiders that own LendingClub Corporation stock include Bradley Coleman, Carrie Dolan, Chaomei Chen, John C Morris, John Macilwaine, Lawrence Henry Summers, Rebecca Lynn, Renaud Laplanche, Sameer Gulati, Sandeep Bhandari, Scott Sanborn, Thomas W Casey, Tian Qiao Chen and Vii Lp Canaan.

Who sold LendingClub Corporation stock? Who is selling LendingClub Corporation stock?

LendingClub Corporation's stock was sold by a variety of institutional investors in the last quarter, including Sands Capital Management LLC, Public Sector Pension Investment Board, Bingham Osborn & Scarborough LLC, Guggenheim Capital LLC, Commerzbank Aktiengesellschaft FI, Pitcairn Co. and Metropolitan Life Insurance Co. NY. Company insiders that have sold LendingClub Corporation stock in the last year include Bradley Coleman, John Macilwaine, Sameer Gulati, Sandeep Bhandari, Scott Sanborn, Thomas W Casey and Vii Lp Canaan.

Who bought LendingClub Corporation stock? Who is buying LendingClub Corporation stock?

LendingClub Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Dimensional Fund Advisors LP, ARK Investment Management LLC, Harbourvest Partners LLC, Renaissance Technologies LLC, Royce & Associates LP, Artemis Investment Management LLP and Crosslink Capital Inc.. Company insiders that have bought LendingClub Corporation stock in the last two years include John C Morris, Renaud Laplanche and Tian Qiao Chen.

How do I buy LendingClub Corporation stock?

Shares of LendingClub Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of LendingClub Corporation stock cost?

One share of LendingClub Corporation stock can currently be purchased for approximately $5.64.

LendingClub Corporation (NYSE:LC) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for LendingClub Corporation (NYSE:LC)

Earnings History Chart

Earnings by Quarter for LendingClub Corporation (NYSE:LC)

Dividend History Chart

Dividend Payments by Quarter for LendingClub Corporation (NYSE:LC)

Last Updated on 2/23/2017 by MarketBeat.com Staff