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: $6.23
  • 50 Day Moving Average: $5.63
  • 200 Day Moving Average: $5.74
  • 52-Week Range: $3.44 - $15.00
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -44.50
  • P/E Growth: -1.58
  • Market Cap: $2.39B
  • Outstanding Shares: 391,149,000
  • Beta: 1.8
Profitability:
  • Net Margins: -14.22%
  • Return on Equity: -2.93%
  • Return on Assets: -0.53%
Debt:
  • Debt-to-Equity Ratio: 4.47%
  • Current Ratio: 23.64%
  • Quick Ratio: 23.57%
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 (120.60% upside)

Analysts' Ratings History for LendingClub Corp. (NYSE:LC)
Show:
DateFirmActionRatingPrice TargetDetails
9/12/2016Morgan StanleyReiterated RatingEqual WeightView Rating Details
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
6/20/2016Craig 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 9/28/2014 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: $-0.29 EPS
Next Year EPS Consensus Estimate: $-0.14 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)
Insider Ownership Percentage: 11.40%
Institutional Ownership Percentage: 83.90%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/29/2016Sandeep BhandariInsiderSell9,771$5.55$54,229.05View SEC Filing  
8/26/2016Bradley ColemanInsiderSell1,943$5.60$10,880.80View SEC Filing  
8/26/2016Sameer GulatiCOOSell5,826$5.60$32,625.60View SEC Filing  
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
News IconFinancial Stocks Worth Chasing: BB&T Corporation (BBT), LendingClub Corporation (LC) - The Independent Republic (NYSE:LC)
theindependentrepublic.com - September 28 at 10:47 AM
News IconLendingClub Corporation (NYSE:LC) Upgrades/Downgrades Update - Newburgh Press (NYSE:LC)
newburghpress.com - September 28 at 10:47 AM
marketnewsvideo.com logoLendingClub Larger Than S&P 500 Component Diamond Offshore Drilling (NYSE:LC)
www.marketnewsvideo.com - September 27 at 5:50 PM
News IconTwo Financial Stocks Are Hot: LendingClub Corporation (LC), American International Group, Inc. (AIG) - The Independent Republic (NYSE:LC)
theindependentrepublic.com - September 27 at 10:30 AM
News IconFinancial Stocks Updates! Visa Inc (V), LendingClub Corp (NYSE:LC) - share market updates (press release) (NYSE:LC)
sharemarketupdates.com - September 27 at 10:30 AM
News IconTwitter Inc (NYSE:TWTR) & LendingClub Corp (NYSE:LC) Traders Alert - Money News (NYSE:LC)
www.newsismoney.com - September 27 at 10:30 AM
streetinsider.com logoRussell Elmer Named Lending Club (LC) General Counsel - StreetInsider.com (NYSE:LC)
www.streetinsider.com - September 27 at 10:30 AM
bloomberg.com logoLendingClub Fund Has First Negative Month on Valuation Fix (NYSE:LC)
www.bloomberg.com - September 26 at 5:56 PM
finance.yahoo.com logoLending Club Names Russell S. Elmer as General Counsel (NYSE:LC)
finance.yahoo.com - September 26 at 5:56 PM
News IconFinancial Stocks To Look Out For: LendingClub Corporation (LC), Host Hotels & Resorts, Inc. (HST) - The Independent Republic (NYSE:LC)
theindependentrepublic.com - September 26 at 10:32 AM
bloomberg.com logoLendingClub Fund Has First Negative Month on Valuation Overhaul (NYSE:LC)
www.bloomberg.com - September 26 at 10:32 AM
News IconLendingClub Corp (LC): Positive Standard Loans Growth in Q3FY16 So Far - Smаrt Stоck Nеws (NYSE:LC)
www.smartstocknews.com - September 22 at 9:05 AM
seekingalpha.com logoLending Club: Invest In The Notes, Not The Company - Seeking Alpha (NYSE:LC)
seekingalpha.com - September 22 at 9:05 AM
News IconHave a Glance at LendingClub Corp (NYSE:LC) - Post Registrar (NYSE:LC)
postregistrar.com - September 22 at 9:05 AM
News IconFinancial Stocks Momentum! LendingClub Corp (LC), Charles Schwab Corp (NYSE:SCHW) - share market updates (press release) (NYSE:LC)
sharemarketupdates.com - September 22 at 9:05 AM
News IconLC Stock: Steve Eisman Issues Dire Warning on LendingClub Corp - Profit Confidential (NYSE:LC)
www.profitconfidential.com - September 22 at 9:05 AM
nasdaq.com logoCommit To Buy LendingClub Corp At $4, Earn 15% Using Options (NYSE:LC)
www.nasdaq.com - September 21 at 10:02 AM
seekingalpha.com logoLending Club: Invest In The Notes, Not The Company (NYSE:LC)
seekingalpha.com - September 21 at 10:02 AM
News IconLC Stock: Steve Eisman Issues Dire Warning on LendingClub Corp (NYSE:LC)
www.profitconfidential.com - September 21 at 10:02 AM
bloomberg.com logoHouse-Flippers Turn to the Crowd for Quick Cash. What Could Go Wrong? (NYSE:LC)
www.bloomberg.com - September 21 at 10:02 AM
News IconNotable Runner - LendingClub Corporation's (LC) - Hot Stocks Point (NYSE:LC)
www.hotstockspoint.com - September 19 at 5:54 PM
News IconWorth Watching Stocks on the Move: LendingClub Corp (NYSE:LC), AK Steel Holding Corporation (NYSE:AKS ... - NYSE Journal (press release) (NYSE:LC)
stockznews.com - September 19 at 5:54 PM
News IconFinancial Stocks Updates! LendingClub Corp (LC), Itau Unibanco Holding SA (ADR) (NYSE:ITUB) - share market updates (press release) (NYSE:LC)
sharemarketupdates.com - September 19 at 5:54 PM
finance.yahoo.com logoOrchard Platform's Week In Review: 'Continued, Positive Deal Flow' (NYSE:LC)
finance.yahoo.com - September 19 at 5:54 PM
investorplace.com logoBulls Lend a Hand to LendingClub Corp (LC) (NYSE:LC)
investorplace.com - September 17 at 10:24 AM
News IconFinancial Stocks in Top Row= LendingClub Corp (NYSE:LC ... - share market updates (press release) (NYSE:LC)
sharemarketupdates.com - September 16 at 5:43 PM
News IconFinancial Stocks in Front Line= LendingClub Corp (NYSE:LC ... - share market updates (press release) (NYSE:LC)
sharemarketupdates.com - September 16 at 5:43 PM
schaeffersresearch.com logoOptions Heat Up as LendingClub Corp (LC) Rallies - Schaeffers Research (blog) (NYSE:LC)
www.schaeffersresearch.com - September 16 at 5:43 PM
investorplace.com logoBulls Lend a Hand to LendingClub Corp (LC) - Investorplace.com (NYSE:LC)
investorplace.com - September 16 at 5:43 PM
investorplace.com logoBulls Lend a Hand to LendingClub Corp (LC), Gains Ensue (NYSE:LC)
investorplace.com - September 16 at 9:54 AM
schaeffersresearch.com logoOptions Heat Up as LendingClub Corp (LC) Rallies (NYSE:LC)
www.schaeffersresearch.com - September 15 at 3:52 PM
fool.com logoWhy LendingClub Corp. and OnDeck Capital Rocketed in August (NYSE:LC)
www.fool.com - September 15 at 3:52 PM
biz.yahoo.com logoLENDINGCLUB CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:LC)
biz.yahoo.com - September 14 at 5:59 PM
smarteranalyst.com logoCompany Update (NYSE:LC): LendingClub Corp Appoints New Chief Financial Officer (NYSE:LC)
www.smarteranalyst.com - September 13 at 10:44 AM
marketwatch.com logoLendingClub names Thomas Casey its new CFO - MarketWatch (NYSE:LC)
www.marketwatch.com - September 12 at 5:40 PM
News IconLendingClub Corporation's (LC): Monitor the Current Moves - Hot Stocks Point (NYSE:LC)
www.hotstockspoint.com - September 12 at 5:40 PM
News IconLendingClub Corporation (NYSE:LC) Near to Lift Curtain on September 2016 Earnings - The Voice Registrar (NYSE:LC)
voiceregistrar.com - September 12 at 5:40 PM
News IconAnalysts Valuations For Two Stocks: TransUnion (NYSE:TRU), LendingClub Corp (NYSE:LC) - The Voice Registrar (NYSE:LC)
voiceregistrar.com - September 12 at 5:40 PM
bidnessetc.com logoLendingClub Corp (LC) Stock Faces Brunt of Declining Investor ... - Bidness ETC (NYSE:LC)
www.bidnessetc.com - September 12 at 5:40 PM
bloomberg.com logoLendingClub Fills CFO Role With WaMu Manager From Crisis Era (NYSE:LC)
www.bloomberg.com - September 12 at 5:40 PM
finance.yahoo.com logoLendingClub Hires Washington Mutual’s Ex-CFO to Be Finance Chief (NYSE:LC)
finance.yahoo.com - September 12 at 5:40 PM
marketwatch.com logoLendingClub names Thomas Casey its new CFO (NYSE:LC)
www.marketwatch.com - September 12 at 5:40 PM
publicnow.com logoLending Club Names Industry Veteran Thomas Casey as Chief Financial Officer (NYSE:LC)
www.publicnow.com - September 12 at 5:40 PM
thestreet.com logoLendingClub (LC) Stock Down in After-Hours Trading, Appoints New CFO Casey (NYSE:LC)
www.thestreet.com - September 12 at 5:40 PM
wsj.com logo[$$] LendingClub Taps Thomas Casey as Finance Chief (NYSE:LC)
www.wsj.com - September 12 at 5:40 PM
finance.yahoo.com logoLendingClub appoints Thomas Casey CFO (NYSE:LC)
finance.yahoo.com - September 12 at 5:40 PM
News IconFinancial Stocks in Drift: LendingClub Corp (NYSE:LC), Fifth Third Bancorp (NASDAQ:FITB) - share market updates (press release) (NYSE:LC)
sharemarketupdates.com - September 12 at 10:36 AM
smarteranalyst.com logoMorgan Stanley Remains Sidelined on LendingClub Corp (LC); Here’s Why (NYSE:LC)
www.smarteranalyst.com - September 11 at 10:05 AM
smarteranalyst.com logoMorgan Stanley Remains Sidelined on LendingClub Corp (LC); Here's Why - Smarter Analyst (NYSE:LC)
www.smarteranalyst.com - September 9 at 5:41 PM
capitalcube.com logoETF’s with exposure to LendingClub Corp. : September 9, 2016 (NYSE:LC)
www.capitalcube.com - September 9 at 5:41 PM

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LendingClub Corp. (NYSE:LC) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff