LendingClub Corp. Company Profile (NYSE:LC)

About LendingClub Corp.

LendingClub Corp. 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: $5.56
  • 50 Day Moving Average: $4.87
  • 200 Day Moving Average: $6.18
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 92.67
  • P/E Growth: -1.40
  • Market Cap: $2.17B
  • Outstanding Shares: 391,149,000
  • Beta: 1.84
Additional Links:
Companies Related to LendingClub Corp.:

Analyst Ratings

Consensus Ratings for LendingClub Corp. (NYSE:LC) (?)
Ratings Breakdown: 2 Sell Ratings, 15 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $13.74 (147.18% upside)

Analysts' Ratings History for LendingClub Corp. (NYSE:LC)
Show:
DateFirmActionRatingPrice TargetDetails
8/15/2016Keefe, Bruyette & WoodsReiterated RatingMarket Perform$5.00View Rating Details
8/11/2016Goldman Sachs Group Inc.Reiterated RatingNeutral$4.70 -> $5.00View Rating Details
8/9/2016FBR & CoReiterated RatingMarket Perform$4.00View Rating Details
8/9/2016BTIG ResearchSet Price TargetBuy$9.00View Rating Details
8/9/2016Pacific CrestReiterated RatingHoldView Rating Details
8/9/2016Citigroup Inc.Reiterated RatingNeutral$5.00View Rating Details
8/9/2016Credit Suisse Group AGLower Price TargetNeutral$9.00 -> $7.00View Rating Details
8/4/2016Oppenheimer Holdings Inc.Initiated CoverageMarket PerformView Rating Details
7/26/2016Canaccord GenuityReiterated RatingHold$8.00 -> $7.00View Rating Details
6/29/2016Morgan StanleyReiterated RatingEqual WeightView Rating Details
6/20/2016Craig HallumReiterated 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
1/20/2015Wells Fargo & Co.Initiated CoverageOutperformView Rating Details
1/20/2015BMO Capital MarketsInitiated CoverageOutperform$28.00View Rating Details
1/14/2015SusquehannaInitiated CoverageNeutral$19.00View Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for LendingClub Corp. (NYSE:LC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
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 Corp. (NYSE:LC)
Current Year EPS Consensus Estimate: $-0.15 EPS
Next Year EPS Consensus Estimate: $0.06 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20162($0.07)($0.03)($0.05)
Q3 20163($0.11)($0.04)($0.08)
Q4 20163($0.09)($0.07)($0.08)
Q1 20171($0.06)($0.06)($0.06)
Q2 20171($0.05)($0.05)($0.05)
Q3 20171($0.05)($0.05)($0.05)
Q4 20171($0.05)($0.05)($0.05)
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading History for LendingClub Corp. (NYSE:LC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 Corp. (NYSE:LC)
DateHeadline
seekingalpha.com logoHow Bloomberg's 'Expose' On LendingClub Is Wrong (NYSE:LC)
seekingalpha.com - August 29 at 10:29 AM
finance.yahoo.com logoLending Club Responds to Bloomberg Article: Scott Sanborn (NYSE:LC)
finance.yahoo.com - August 26 at 5:43 PM
News IconLendingClub Corporation's (LC): Well recognized Stock of Market - Hot Stocks Point (NYSE:LC)
www.hotstockspoint.com - August 26 at 8:56 AM
thestreet.com logoSoFi COO Joanne Bradford Gives Insight Into Online Lending Revolution, on CNBC (NYSE:LC)
www.thestreet.com - August 25 at 5:55 PM
bloomberg.com logoWall Street Lobbyist Said to Head Online Lending Trade Group (NYSE:LC)
www.bloomberg.com - August 25 at 10:59 AM
publicnow.com logoLending Club Bolsters Investor Group with Two Senior Hires (NYSE:LC)
www.publicnow.com - August 24 at 5:47 PM
thestreet.com logoBloomberg Businessweek's Chafkin Provides More Information On LendingClub (LC) (NYSE:LC)
www.thestreet.com - August 23 at 6:07 PM
thestreet.com logoSquare Surges as Analysts Point to Brighter Growth Prospects (NYSE:LC)
www.thestreet.com - August 23 at 6:07 PM
News IconLendingClub Corporation's (LC): Momentum Stock in Focus - Hot Stocks Point (NYSE:LC)
www.hotstockspoint.com - August 22 at 10:29 AM
investornewswire.com logoWill LendingClub Corporation (NYSE:LC) Hit $11 Price Target? - Investor Newswire (NYSE:LC)
www.investornewswire.com - August 21 at 5:23 PM
News IconStocks to Keep Your Eyes on:LendingClub Corp (NYSE:LC), Abbott Laboratories (NYSE:ABT) - NYSE Journal (press release) (NYSE:LC)
stockznews.com - August 20 at 10:03 AM
News IconAnalyst Views on Price Target: LendingClub Corp (NYSE:LC) - Post Registrar (NYSE:LC)
postregistrar.com - August 19 at 5:53 PM
bloomberg.com logoCool Goldman and Angry Whistleblowers (NYSE:LC)
www.bloomberg.com - August 19 at 5:53 PM
wsj.com logoFintech's Answer for Chilly IPO Market? Debt (NYSE:LC)
blogs.wsj.com - August 18 at 5:57 PM
finance.yahoo.com logoLENDINGCLUB CORP Financials (NYSE:LC)
finance.yahoo.com - August 18 at 5:57 PM
News IconChief Financial Officer of LendingClub Corporation (NYSE:LC), Dolan Carrie, sells 20,577 shares worth $110,017 (NYSE:LC)
empowerednews.net - August 17 at 6:06 PM
News IconWhich way LendingClub Corporation (NYSE:LC) insiders are heading (NYSE:LC)
myhealthbowl.com - August 17 at 6:06 PM
News IconTraders Recap: LendingClub Corp (NYSE:LC), Oclaro, Inc.(NASDAQ:OCLR) - NYSE Journal (press release) (NYSE:LC)
stockznews.com - August 17 at 8:57 AM
seekingalpha.com logoLending Club's Q2 Earnings Release: Reading Between The Lines (NYSE:LC)
seekingalpha.com - August 16 at 6:02 PM
feeds.benzinga.com logoWhy Loan Funding And Credit Matter More Than CFO Exit For LendingClub (NYSE:LC)
feeds.benzinga.com - August 15 at 10:37 AM
schaeffersresearch.com logoCall Players Bombard Bouncing LendingClub Corp (LC) (NYSE:LC)
www.schaeffersresearch.com - August 13 at 8:52 AM
capitalcube.com logoLendingClub Corp. :LC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NYSE:LC)
www.capitalcube.com - August 12 at 6:01 PM
smarteranalyst.com logoFBR Weighs in on LendingClub Corp (LC) in Wake of Weak 2Q:16 ... - Smarter Analyst (NYSE:LC)
www.smarteranalyst.com - August 12 at 9:06 AM
schaeffersresearch.com logoCall Players Bombard Bouncing LendingClub Corp (LC) - Schaeffers Research (blog) (NYSE:LC)
www.schaeffersresearch.com - August 11 at 6:11 PM
investorplace.com logoLendingClub Corp: Don’t Be Fooled by LC Stock (NYSE:LC)
investorplace.com - August 11 at 2:58 PM
investorplace.com logoLendingClub Corp: Don’t Be Fooled by LC Stock (NYSE:LC)
investorplace.com - August 11 at 2:51 PM
thecountrycaller.com logoLendingClub Corporation (NYSE:LC) Posts Huge Losses for Q2, CFO Resigns (NYSE:LC)
www.thecountrycaller.com - August 11 at 9:01 AM
smarteranalyst.com logoFBR Weighs in on LendingClub Corp (LC) in Wake of Weak 2Q:16 (NYSE:LC)
www.smarteranalyst.com - August 11 at 9:01 AM
investorplace.com logoLC Stock: The Pain of LendingClub Corp’s Tumultuous Year (NYSE:LC)
investorplace.com - August 11 at 7:04 AM
investorplace.com logoLC Stock: The Pain of LendingClub Corp’s Tumultuous Year (NYSE:LC)
investorplace.com - August 11 at 6:24 AM
News IconHot Stocks: LendingClub Corp (NYSE:LC), Sprint Corp (NYSE:S) - NYSE Journal (press release) (NYSE:LC)
stockznews.com - August 10 at 6:16 PM
smarteranalyst.com logoFBR Weighs in on LendingClub Corp (LC) in Wake of Weak 2Q:16 - Smarter Analyst (NYSE:LC)
www.smarteranalyst.com - August 10 at 6:16 PM
finance.yahoo.com logoWhy The Lending Industry Is Like The Music Industry (NYSE:LC)
finance.yahoo.com - August 10 at 6:16 PM
biz.yahoo.com logoLENDINGCLUB CORP Files SEC form 10-Q, Quarterly Report (NYSE:LC)
biz.yahoo.com - August 10 at 8:53 AM
thestreet.com logoLendingClub's Higher-Than-Planned Investor Incentives to Stop by Year's End (NYSE:LC)
www.thestreet.com - August 10 at 8:53 AM
News IconNotable Stocks in the News: LendingClub Corp (NYSE:LC), Activision Blizzard, Inc.(NASDAQ:ATVI) - NYSE Journal (press release) (NYSE:LC)
stockznews.com - August 9 at 6:06 PM
News IconRecent Analysts Ratings: LendingClub Corporation (NYSE:LC) - News Oracle (NYSE:LC)
www.newsoracle.com - August 9 at 6:06 PM
bloomberg.com logoWall Street's Favorite Soap Opera (NYSE:LC)
www.bloomberg.com - August 9 at 6:06 PM
News IconLending Club looks for reprieve in year of bad news (NYSE:LC)
www.siliconbeat.com - August 9 at 6:06 PM
cnbc.com logoLendingClub stock recovers after wider loss than expected, CFO steps down (NYSE:LC)
www.cnbc.com - August 9 at 4:34 PM
feeds.benzinga.com logoOnDeck, LendingClub Showing Signs Of Life (NYSE:LC)
feeds.benzinga.com - August 9 at 3:28 PM
wsj.com logoStill No Fix for LendingClub's Deepest Flaw (NYSE:LC)
www.wsj.com - August 9 at 11:58 AM
feeds.benzinga.com logoThe Market In 5 Minutes: Sell-Side Starts Coverage On Auto, Gold Stocks (NYSE:LC)
feeds.benzinga.com - August 9 at 9:34 AM
streetupdates.com logoAnalysts Actions to Track: LendingClub Corporation (NYSE:LC) , WP Glimcher Inc. (NYSE:WPG) - Street Updates (NYSE:LC)
www.streetupdates.com - August 9 at 8:58 AM
fortune.com logoLendingClub Corporation (NYSE:LC) Insiders Look Pessimistic About Prospects - Review Fortune (NYSE:LC)
reviewfortune.com - August 9 at 8:58 AM
News IconFin Stocks Vigilant: Huntington Bancshares Incorporated (NASDAQ:HBAN), LendingClub Corp (NYSE:LC) - share market updates (press release) (NYSE:LC)
sharemarketupdates.com - August 9 at 8:58 AM
streetinsider.com logoLendingClub (LC) CFO Dolan Resigns; New Director Named - StreetInsider.com (NYSE:LC)
www.streetinsider.com - August 9 at 8:57 AM
News IconLendingClub Corp (NYSE:LC) & Wal-Mart Stores, Inc. (NYSE:WMT) Trader's Watch List - Money News (press release) (NYSE:LC)
www.newsismoney.com - August 9 at 8:57 AM
thecountrycaller.com logoEarnings Whispers: LendingClub Corp (LC) and Opko Health Inc ... - TCC (NYSE:LC)
www.thecountrycaller.com - August 9 at 8:57 AM
investorplace.com logoLendingClub Corp: LC Stock Slides as CFO Skips Town - Investorplace.com (NYSE:LC)
investorplace.com - August 9 at 8:57 AM

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LendingClub Corp. (NYSE:LC) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff