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S&P 500   4,205.45
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Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Your Ultimate Investment Research Platform (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Your Ultimate Investment Research Platform (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Your Ultimate Investment Research Platform (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
NYSE:LC

LendingClub (LC) Stock Forecast, Price & News

$8.14
+0.13 (+1.62%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$7.98
$8.24
50-Day Range
$6.51
$8.29
52-Week Range
$6.30
$16.41
Volume
925,900 shs
Average Volume
2.05 million shs
Market Capitalization
$874.81 million
P/E Ratio
3.27
Dividend Yield
N/A
Price Target
$13.50

LendingClub MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
65.8% Upside
$13.50 Price Target
Short Interest
Healthy
4.80% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.07
Upright™ Environmental Score
News Sentiment
-0.08mentions of LendingClub in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$99,297 Bought Last Quarter
Proj. Earnings Growth
172.73%
From $0.22 to $0.60 Per Share

Overall MarketRank

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

2.81 out of 5 stars

Finance Sector

227th out of 902 stocks

Personal Credit Institutions Industry

3rd out of 13 stocks


LC stock logo

About LendingClub (NYSE:LC) Stock

LendingClub Corp. engages in an online marketplace that facilitates loans to borrowers and investments. It operates through the LendingClub Bank and LendingClub Corporation (Parent Only) segments. The LendingClub Bank segment offers a full complement of financial products and solutions, including loans, leases and deposits. It originates loans to individuals and businesses, retains loans for investment, sells loans to investors and manages relationships with deposit holders. The LendingClub Corporation (Parent Only) segment refers to the holding company legal entity. The company was founded by Renaud Laplanche and Soulaiman Htite in 2006 and is headquartered in San Francisco, CA.

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LC Stock News Headlines

BREAKING: The truth about war with China
Foreign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.
LendingClub (NYSE: LC)
LendingClub: Buy The Fed Pause
BREAKING: The truth about war with China
Foreign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.
LendingClub (NYSE:LC) Sets New 12-Month Low at $6.39
10 Best Small-Cap Value Stocks to Invest In
Q1 2023 LendingClub Corp Earnings Call
LendingClub Reports First Quarter 2023 Results
LendingClub (LC) Scheduled to Post Earnings on Wednesday
See More Headlines
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LC Company Calendar

Last Earnings
4/26/2023
Today
5/29/2023
Next Earnings (Estimated)
7/26/2023
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
$13.50
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+65.8%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$289.68 million
Pretax Margin
10.93%

Debt

Sales & Book Value

Annual Sales
$1.19 billion
Cash Flow
$1.81 per share
Book Value
$11.08 per share

Miscellaneous

Free Float
104,008,000
Market Cap
$874.81 million
Optionable
Optionable
Beta
1.94

Social Links


Key Executives

  • Scott C. SanbornScott C. Sanborn
    Chief Executive Officer & Director
  • Andrew LaBenne
    Chief Financial Officer
  • Balaji Thiagarajan
    Chief Technology Officer
  • Brandon Pace
    Secretary & Chief Administrative Officer
  • Ronnie Momen
    Chief Consumer Banking Officer













LC Stock - Frequently Asked Questions

Should I buy or sell LendingClub stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LC, but not buy additional shares or sell existing shares.
View LC analyst ratings
or view top-rated stocks.

What is LendingClub's stock price forecast for 2023?

5 brokerages have issued 12-month target prices for LendingClub's shares. Their LC share price forecasts range from $10.00 to $20.00. On average, they anticipate the company's share price to reach $13.50 in the next year. This suggests a possible upside of 65.8% 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 2023. Since then, LC shares have decreased by 7.5% and is now trading at $8.14.
View the best growth stocks for 2023 here
.

Are investors shorting LendingClub?

LendingClub saw a increase in short interest in April. As of April 30th, there was short interest totaling 4,740,000 shares, an increase of 7.0% from the April 15th total of 4,430,000 shares. Based on an average daily trading volume, of 2,030,000 shares, the days-to-cover ratio is currently 2.3 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, July 26th 2023.
View our LC earnings forecast
.

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) issued its quarterly earnings data on Wednesday, April, 26th. The credit services provider reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.01. The credit services provider had revenue of $245.70 million for the quarter, compared to the consensus estimate of $237.32 million. LendingClub had a net margin of 22.96% and a trailing twelve-month return on equity of 10.45%. The business's quarterly revenue was down 15.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 EPS.

When did LendingClub's stock split?

LendingClub shares reverse split on the morning of 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 closing bell 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 a price of $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 number of institutional and retail investors. Top institutional investors include Jackson Square Partners LLC (8.14%), BlackRock Inc. (7.37%), Rubric Capital Management LP (5.11%), Dimensional Fund Advisors LP (2.43%), Harspring Capital Management LLC (2.36%) and State Street Corp (2.26%). 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 $8.14.

How much money does LendingClub make?

LendingClub (NYSE:LC) has a market capitalization of $874.81 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 $2.49 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 5/29/2023 by MarketBeat.com Staff

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