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How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Better Than Oil Stocks (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
66,000% upside on tiny biotech? (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Better Than Oil Stocks (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
66,000% upside on tiny biotech? (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Better Than Oil Stocks (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
66,000% upside on tiny biotech? (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
NYSE:LC

LendingClub (LC) Stock Price, News & Analysis

$8.15
+0.19 (+2.39%)
(As of 02/23/2024 08:53 PM ET)
Today's Range
$7.92
$8.29
50-Day Range
$7.73
$9.04
52-Week Range
$4.73
$10.92
Volume
1.50 million shs
Average Volume
1.85 million shs
Market Capitalization
$899.84 million
P/E Ratio
22.64
Dividend Yield
N/A
Price Target
$11.08

LendingClub MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
36.0% Upside
$11.08 Price Target
Short Interest
Healthy
2.38% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.07
Upright™ Environmental Score
News Sentiment
0.79mentions of LendingClub in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
258.33%
From $0.24 to $0.86 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.97 out of 5 stars

Finance Sector

9th out of 842 stocks

Personal Credit Institutions Industry

1st out of 13 stocks


LC stock logo

About LendingClub Stock (NYSE:LC)

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 Stock Price History

LC Stock News Headlines

Elon Musk's "Project Dojo" is a Game-Changer
Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation.
LC Mar 2024 8.000 call
LC Mar 2024 12.000 put
LendingClub Co. (NYSE:LC) Short Interest Down 6.1% in January
Elon Musk's "Project Dojo" is a Game-Changer
Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation.
LendingClub Corp
Compass Point Keeps Their Buy Rating on LendingClub (LC)
LendingClub: Prepared For Better Times
Q4 2023 LendingClub Corp Earnings Call
Why LendingClub Stock Took A Hit After-Hours
LendingClub (LC) Q4 Earnings and Revenues Beat Estimates
A Preview Of LendingClub's Earnings
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Today
2/25/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$11.08
High Stock Price Target
$13.50
Low Stock Price Target
$8.00
Potential Upside/Downside
+36.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$38.94 million
Pretax Margin
4.81%

Debt

Sales & Book Value

Annual Sales
$864.62 million
Cash Flow
$0.79 per share
Book Value
$11.34 per share

Miscellaneous

Free Float
107,319,000
Market Cap
$899.84 million
Optionable
Optionable
Beta
2.01

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LC Stock Analysis - Frequently Asked Questions

Should I buy or sell LendingClub stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024?

5 Wall Street research analysts have issued 12-month price targets for LendingClub's shares. Their LC share price targets range from $8.00 to $13.50. On average, they predict the company's share price to reach $11.08 in the next year. This suggests a possible upside of 36.0% 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 2024?

LendingClub's stock was trading at $8.74 at the start of the year. Since then, LC shares have decreased by 6.8% and is now trading at $8.15.
View the best growth stocks for 2024 here
.

Are investors shorting LendingClub?

LendingClub saw a decrease in short interest during the month of January. As of January 31st, there was short interest totaling 2,630,000 shares, a decrease of 6.1% from the January 15th total of 2,800,000 shares. Based on an average daily trading volume, of 1,710,000 shares, the short-interest ratio is presently 1.5 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, April 24th 2024.
View our LC earnings forecast
.

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) posted its quarterly earnings results on Tuesday, January, 30th. The credit services provider reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.07. The credit services provider earned $185.60 million during the quarter, compared to the consensus estimate of $182.13 million. LendingClub had a net margin of 4.50% and a trailing twelve-month return on equity of 3.21%. LendingClub's revenue was down 29.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.19 EPS.

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 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 served as the underwriters for the IPO and Allen & Company, Stifel, BMO Capital Markets, William Blair and Wells Fargo Securities were co-managers.

Who are LendingClub's major shareholders?

LendingClub's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.28%), Jackson Square Partners LLC (8.87%), Dimensional Fund Advisors LP (4.24%), Balyasny Asset Management L.P. (1.93%), Harspring Capital Management LLC (1.59%) and Sei Investments Co. (1.54%). Insiders that own company stock include Allan R Landon, Andrew Labenne, Annie Armstrong, Bahman Koohestani, Fergal Stack, John C Morris, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does LendingClub have any subsidiaries?
The following companies are subsidiares of LendingClub: Radius Bank, and Springstone.
Read More
This page (NYSE:LC) was last updated on 2/26/2024 by MarketBeat.com Staff