NYSE:LC

LendingClub (LC) Stock Price, News & Analysis

$8.10
+0.20 (+2.53%)
(As of 04/22/2024 ET)
Today's Range
$7.78
$8.14
50-Day Range
$7.61
$8.88
52-Week Range
$4.73
$10.92
Volume
943,892 shs
Average Volume
1.44 million shs
Market Capitalization
$894.32 million
P/E Ratio
22.50
Dividend Yield
N/A
Price Target
$11.30

LendingClub MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
39.3% Upside
$11.30 Price Target
Short Interest
Healthy
2.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.07
Upright™ Environmental Score
News Sentiment
0.93mentions of LendingClub in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
191.30%
From $0.23 to $0.67 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.

4.90 out of 5 stars

Finance Sector

45th out of 850 stocks

Personal Credit Institutions Industry

2nd out of 14 stocks

LC stock logo

About LendingClub Stock (NYSE:LC)

LendingClub Corporation, operates as a bank holding company, 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

LendingClub Corp.
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LC Mar 2024 8.000 call
LC Mar 2024 12.000 put
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
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Today
4/22/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
N/A
Fax
N/A
Employees
1,025
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$11.30
High Stock Price Target
$13.50
Low Stock Price Target
$8.00
Potential Upside/Downside
+39.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$38.94 million
Pretax Margin
4.81%

Debt

Sales & Book Value

Annual Sales
$864.62 million
Cash Flow
$0.81 per share
Book Value
$11.42 per share

Miscellaneous

Free Float
107,319,000
Market Cap
$895.43 million
Optionable
Optionable
Beta
1.98

Social Links

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Key Executives


LC Stock Analysis - Frequently Asked Questions

Should I buy or sell LendingClub stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LC shares.
View LC analyst ratings
or view top-rated stocks.

What is LendingClub's stock price target for 2024?

4 analysts have issued 1 year price targets for LendingClub's stock. Their LC share price targets range from $8.00 to $13.50. On average, they anticipate the company's share price to reach $11.30 in the next year. This suggests a possible upside of 39.3% 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 stock has decreased by 7.2% and is now trading at $8.11.
View the best growth stocks for 2024 here
.

When is LendingClub's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our LC earnings forecast
.

How can I listen to LendingClub's earnings call?

LendingClub will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "972670".

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) announced its quarterly earnings data 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 had revenue of $185.60 million for the quarter, compared to analyst estimates of $182.13 million. LendingClub had a trailing twelve-month return on equity of 3.21% and a net margin of 4.50%. The company's quarterly revenue was down 29.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.19 earnings per share.

What ETFs hold LendingClub's stock?

ETFs with the largest weight of LendingClub (NYSE:LC) stock in their portfolio include SPDR S&P Kensho New Economies Composite ETF (KOMP) and iShares US Small Cap Value Factor ETF (SVAL).Global X FinTech Thematic ETF (FINX).

When did LendingClub's stock split?

LendingClub's stock reverse split before market open 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 market closes 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?

LendingClub (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 shareholders include Grassi Investment Management (0.11%), Miracle Mile Advisors LLC (0.02%) and International Assets Investment Management LLC (0.02%). 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, 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 4/22/2024 by MarketBeat.com Staff

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