NYSE:LC

LendingClub Stock Forecast, Price & News

$28.31
+0.26 (+0.93 %)
(As of 09/17/2021 03:16 PM ET)
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Today's Range
$27.98
$28.98
50-Day Range
$15.13
$32.16
52-Week Range
$4.32
$33.30
Volume108,972 shs
Average Volume2.43 million shs
Market Capitalization$2.79 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.88
30 days | 90 days | 365 days | Advanced Chart
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About LendingClub

LendingClub Corp. engages in the operation of education and patient finance and auto loan services. Its loan product types consists of personal, education and patient finance, and auto. The company was founded by Renaud Laplanche and Soulaiman Htite on October 2, 2006 and is headquartered in San Francisco, CA.

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MarketRank

Overall MarketRank

1.88 out of 5 stars

Finance Sector

729th out of 1,330 stocks

Personal Credit Institutions Industry

11th out of 13 stocks

Analyst Opinion: 1.2Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -
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LendingClub (NYSE:LC) Frequently Asked Questions

Is LendingClub a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LendingClub stock. 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 analyst ratings for LendingClub
or view top-rated stocks.

What stocks does MarketBeat like better than LendingClub?

Wall Street analysts have given LendingClub a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but LendingClub wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is LendingClub's next earnings date?

LendingClub is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for LendingClub
.

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) posted its earnings results on Wednesday, July, 28th. The credit services provider reported $0.09 EPS for the quarter, topping analysts' consensus estimates of ($0.41) by $0.50. The credit services provider had revenue of $204.38 million for the quarter, compared to analyst estimates of $133.43 million. LendingClub had a negative trailing twelve-month return on equity of 11.22% and a negative net margin of 21.42%.
View LendingClub's earnings history
.

How has LendingClub's stock price been impacted by Coronavirus (COVID-19)?

LendingClub's stock was trading at $9.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LC shares have increased by 200.9% and is now trading at $28.31.
View which stocks have been most impacted by COVID-19
.

When did LendingClub's stock split? How did LendingClub's stock split work?

LendingClub's stock 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 closing bell on Friday, July 5th 2019. An investor that had 100 shares of LendingClub stock prior to the reverse split would have 20 shares after the split.

What guidance has LendingClub issued on next quarter's earnings?

LendingClub updated its FY 2021 earnings guidance on Wednesday, August, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $750 million-$780 million, compared to the consensus revenue estimate of $542.96 million.

What price target have analysts set for LC?

5 Wall Street analysts have issued twelve-month target prices for LendingClub's stock. Their forecasts range from $6.00 to $35.00. On average, they anticipate LendingClub's stock price to reach $22.00 in the next twelve months. This suggests that the stock has a possible downside of 22.3%.
View analysts' price targets for LendingClub
or view top-rated stocks among Wall Street analysts.

Who are LendingClub's key executives?

LendingClub's management team includes the following people:
  • Scott C. Sanborn, Chief Executive Officer & Director
  • Thomas W. Casey, Chief Financial Officer & Director
  • Brandon Pace, Secretary & Chief Administrative Officer
  • Sid Jajodia, Chief Investment Officer
  • Valerie Kay, Chief Capital Officer (LinkedIn Profile)

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

269 employees have rated LendingClub CEO Scott Sanborn on Glassdoor.com. Scott Sanborn has an approval rating of 64% among LendingClub's employees.

Who are some of LendingClub's key competitors?

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 (IPO) 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 served 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 institutional and retail investors. Top institutional investors include Jackson Square Partners LLC (9.20%), BlackRock Inc. (7.69%), ARK Investment Management LLC (7.26%), Vanguard Group Inc. (7.01%), Sumitomo Mitsui Trust Holdings Inc. (4.71%) and Basswood Capital Management L.L.C. (2.61%). Company insiders that own LendingClub stock include Allan R Landon, Annie Armstrong, Bahman Koohestani, Michael P Zeisser, Scott Sanborn, Thomas W Casey, Timothy Bogan and Valerie Kay.
View institutional ownership trends for LendingClub
.

Which major investors are selling LendingClub stock?

LC stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Healthcare of Ontario Pension Plan Trust Fund, Marshall Wace LLP, Marshall Wace LLP, Wells Fargo & Company MN, Millennium Management LLC, Patriot Financial Partners GP LP, and No Street GP LP. Company insiders that have sold LendingClub company stock in the last year include Annie Armstrong, Bahman Koohestani, Scott Sanborn, and Valerie Kay.
View insider buying and selling activity for LendingClub
or view top insider-selling stocks.

Which major investors are buying LendingClub stock?

LC stock was purchased by a variety of institutional investors in the last quarter, including Jackson Square Partners LLC, Basswood Capital Management L.L.C., BlackRock Inc., Morgan Stanley, Morgan Stanley, State Street Corp, Vanguard Group Inc., and Sei Investments Co.. Company insiders that have bought LendingClub stock in the last two years include Allan R Landon, Michael P Zeisser, and Thomas W Casey.
View insider buying and selling activity for LendingClub
or or view top insider-buying stocks.

How do I buy shares of LendingClub?

Shares of LC 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 $28.31.

How much money does LendingClub make?

LendingClub has a market capitalization of $2.79 billion and generates $314.70 million in revenue each year. The credit services provider earns $-187,540,000.00 in net income (profit) each year or ($1.53) on an earnings per share basis.

How many employees does LendingClub have?

LendingClub employs 1,030 workers across the globe.

What is LendingClub's official website?

The official website for LendingClub is www.lendingclub.com.

Where are LendingClub's headquarters?

LendingClub is headquartered at 595 MARKET STREET SUITE 200, SAN FRANCISCO CA, 94105.

How can I contact LendingClub?

LendingClub's mailing address is 595 MARKET STREET SUITE 200, SAN FRANCISCO CA, 94105. The credit services provider can be reached via phone at (415) 632-5600 or via email at [email protected]


This page was last updated on 9/17/2021 by MarketBeat.com Staff
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