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S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
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Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
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Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
Is Gold Really Boring? (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
This Little Known Automaker May Save Your Life and Your Portfolio
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
Is Gold Really Boring? (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
This Little Known Automaker May Save Your Life and Your Portfolio
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
Is Gold Really Boring? (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
This Little Known Automaker May Save Your Life and Your Portfolio
NYSE:LC

LendingClub (LC) Stock Forecast, Price & News

$6.01
-0.13 (-2.12%)
(As of 09/26/2023 ET)
Compare
Today's Range
$6.00
$6.24
50-Day Range
$6.01
$10.79
52-Week Range
$6.00
$12.38
Volume
1.59 million shs
Average Volume
1.06 million shs
Market Capitalization
$653.23 million
P/E Ratio
7.07
Dividend Yield
N/A
Price Target
$11.92

LendingClub MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
98.3% Upside
$11.92 Price Target
Short Interest
Healthy
2.34% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.07
Upright™ Environmental Score
News Sentiment
0.73mentions of LendingClub in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
50.00%
From $0.28 to $0.42 Per Share

Overall MarketRank

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

2.79 out of 5 stars

Finance Sector

180th out of 833 stocks

Personal Credit Institutions Industry

4th out of 12 stocks


LC stock logo

About LendingClub (NYSE:LC) Stock

LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans. In addition, it operates an online lending marketplace platform. The company was incorporated in 2006 and is headquartered in San Francisco, California.

LC Price History

LC Stock News Headlines

LendingClub (NYSE:LC) Sets New 12-Month Low at $6.20
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
Short Interest in LendingClub Co. (NYSE:LC) Increases By 18.7%
Most People Are Living Paycheck to Paycheck, Survey Finds
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
LendingClub's Recovery Postponed
Upstart Is Up 400% Since May. Is It Time to Sell?
Maxim Group Sticks to Its Buy Rating for LendingClub (LC)
Q2 2023 LendingClub Corp Earnings Call
Why LendingClub Stock Was Sliding Today
LendingClub Reports Second Quarter 2023 Results
LendingClub: Q2 Earnings Snapshot
See More Headlines
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LC Company Calendar

Last Earnings
7/26/2023
Today
9/27/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
1,585
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$11.92
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+98.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$289.68 million
Pretax Margin
8.58%

Debt

Sales & Book Value

Annual Sales
$1.19 billion
Cash Flow
$1.77 per share
Book Value
$11.08 per share

Miscellaneous

Free Float
105,651,000
Market Cap
$653.23 million
Optionable
Optionable
Beta
1.96

Social Links

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Key Executives

  • Mr. Scott C. SanbornMr. Scott C. Sanborn (Age 54)
    CEO & Director
    Comp: $1.45M
  • Mr. Andrew LaBenne (Age 49)
    Chief Financial Officer
    Comp: $559.39k
  • Mr. Brandon Pace (Age 50)
    Chief Admin. Officer & Corp. Sec.
    Comp: $724.11k
  • Mr. Ronnie Momen (Age 55)
    Chief Consumer Banking Officer
    Comp: $882.56k
  • Ms. Annie ArmstrongMs. Annie Armstrong (Age 45)
    Chief Risk Officer
    Comp: $715.95k
  • Mr. Fergal Stack
    Principal Accounting Officer & Corp. Controller
  • Mr. Balaji Thiagarajan
    Chief Technology Officer
  • Mr. Sameer Shripad Gokhale CPA
    Head of Investor Relations
  • Ms. Tina Wilson
    Chief People Officer
  • Mr. Joel Schipper
    Chief Audit Exec.













LC Stock - Frequently Asked Questions

Should I buy or sell LendingClub stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LC shares.
View LC analyst ratings
or view top-rated stocks.

What is LendingClub's stock price forecast for 2023?

6 brokers have issued 1 year price targets for LendingClub's stock. Their LC share price forecasts range from $10.00 to $15.00. On average, they anticipate the company's share price to reach $11.92 in the next year. This suggests a possible upside of 98.3% from the stock's current price.
View analysts price targets for LC
or view top-rated stocks among Wall Street analysts.

How have LC shares performed in 2023?

LendingClub's stock was trading at $8.80 at the beginning of the year. Since then, LC shares have decreased by 31.7% and is now trading at $6.01.
View the best growth stocks for 2023 here
.

Are investors shorting LendingClub?

LendingClub saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,540,000 shares, an increase of 18.7% from the August 15th total of 2,140,000 shares. Based on an average daily trading volume, of 1,840,000 shares, the short-interest ratio is currently 1.4 days.
View LendingClub's Short Interest
.

When is LendingClub's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our LC earnings forecast
.

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) posted its quarterly earnings results on Wednesday, July, 26th. The credit services provider reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.05. The credit services provider earned $232.50 million during the quarter, compared to analyst estimates of $227.41 million. LendingClub had a net margin of 8.66% and a trailing twelve-month return on equity of 7.04%. The company's revenue for the quarter was down 29.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.45 earnings per share.

What ETFs hold LendingClub's stock?

ETFs with the largest weight of LendingClub (NYSE:LC) stock in their portfolio include AOT Growth & Innovation ETF (AOTG).Global X Millennial Consumer ETF (MILN).

When did LendingClub's stock split?

Shares of LendingClub reverse split on Monday, July 8th 2019. The 1-5 reverse split was announced on Friday, June 28th 2019. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 5th 2019. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

What is Scott Sanborn's approval rating as LendingClub's CEO?

269 employees have rated LendingClub Chief Executive Officer Scott Sanborn on Glassdoor.com. Scott Sanborn has an approval rating of 64% among the company's employees.

What other stocks do shareholders of LendingClub own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LendingClub investors own include Bank of America (BAC), NVIDIA (NVDA), Twitter (TWTR), Alibaba Group (BABA), General Electric (GE), Micron Technology (MU), Novavax (NVAX), AT&T (T), Tesla (TSLA) and Advanced Micro Devices (AMD).

When did LendingClub IPO?

(LC) raised $635 million in an initial public offering on Thursday, December 11th 2014. The company issued 57,700,000 shares at $10.00-$12.00 per share. Morgan Stanley, Goldman Sachs, Credit Suisse and Citigroup acted as the underwriters for the IPO and Allen & Company, Stifel, BMO Capital Markets, William Blair and Wells Fargo Securities were co-managers.

What is LendingClub's stock symbol?

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

Who are LendingClub's major shareholders?

LendingClub's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Jackson Square Partners LLC (8.44%), BlackRock Inc. (7.61%), Rubric Capital Management LP (4.88%), Dimensional Fund Advisors LP (2.87%), State Street Corp (2.49%) and Harspring Capital Management LLC (2.17%). Insiders that own company stock include Allan R Landon, Andrew Labenne, Annie Armstrong, Bahman Koohestani, Fergal Stack, Michael P Zeisser, Michael P Zeisser, Ronnie Momen, Scott Sanborn, Stephen M Cutler, Susan C Athey, Thomas W Casey and Valerie Kay.
View institutional ownership trends
.

How do I buy shares of LendingClub?

Shares of LC 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 LendingClub's stock price today?

One share of LC stock can currently be purchased for approximately $6.01.

How much money does LendingClub make?

LendingClub (NYSE:LC) has a market capitalization of $653.23 million and generates $1.19 billion in revenue each year. The credit services provider earns $289.68 million in net income (profit) each year or $0.85 on an earnings per share basis.

How many employees does LendingClub have?

The company employs 1,585 workers across the globe.

Does LendingClub have any subsidiaries?
The following companies are subsidiares of LendingClub: Radius Bank, and Springstone.
Read More
How can I contact LendingClub?

LendingClub's mailing address is 595 MARKET STREET SUITE 200, SAN FRANCISCO CA, 94105. The official website for the company is www.lendingclub.com. The credit services provider can be reached via phone at (415) 632-5600 or via email at ir@lendingclub.com.

This page (NYSE:LC) was last updated on 9/27/2023 by MarketBeat.com Staff

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