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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
All the trading advice you’ve ever received boils down to this (Ad)
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
All the trading advice you’ve ever received boils down to this (Ad)
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
All the trading advice you’ve ever received boils down to this (Ad)
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers

LendingClub Stock Price, News & Analysis (NYSE:LC)

$6.90
+0.07 (+1.02%)
(As of 12/8/2023 ET)
Compare
Today's Range
$6.72
$6.99
50-Day Range
$5.01
$6.90
52-Week Range
$4.73
$10.92
Volume
1.70 million shs
Average Volume
1.15 million shs
Market Capitalization
$756.59 million
P/E Ratio
14.08
Dividend Yield
N/A
Price Target
$10.94

LendingClub MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
58.5% Upside
$10.94 Price Target
Short Interest
Healthy
2.90% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.07
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$52,300 Bought Last Quarter
Proj. Earnings Growth
18.52%
From $0.27 to $0.32 Per Share

Overall MarketRank

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

3.00 out of 5 stars

Finance Sector

17th out of 826 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

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Is this small-cap value stock a buy?
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
LendingClub personal loans review 2023
LendingClub Corp (8LCA.DU)
Q3 2023 LendingClub Corp Earnings Call
LendingClub (LC) Q3 Earnings and Revenues Beat Estimates
LendingClub Reports Third Quarter 2023 Results
Earnings Outlook For LendingClub
See More Headlines
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Company Calendar

Last Earnings
10/25/2023
Today
12/09/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/24/2024

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 Target
$10.94
High Stock Price Target
$15.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+58.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$289.68 million
Pretax Margin
6.59%

Debt

Sales & Book Value

Annual Sales
$1.19 billion
Cash Flow
$1.83 per share
Book Value
$11.08 per share

Miscellaneous

Free Float
106,579,000
Market Cap
$756.59 million
Optionable
Optionable
Beta
2.00

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Key Executives















LC Stock Analysis - Frequently Asked Questions

Should I buy or sell LendingClub stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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?

6 equities research analysts have issued 1-year target prices for LendingClub's shares. Their LC share price targets range from $7.00 to $15.00. On average, they predict the company's share price to reach $10.94 in the next twelve months. This suggests a possible upside of 58.5% 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 the year. Since then, LC stock has decreased by 21.6% and is now trading at $6.90.
View the best growth stocks for 2023 here
.

Are investors shorting LendingClub?

LendingClub saw a increase in short interest in October. As of October 31st, there was short interest totaling 3,750,000 shares, an increase of 13.3% from the October 15th total of 3,310,000 shares. Based on an average daily trading volume, of 1,460,000 shares, the short-interest ratio is presently 2.6 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, January 24th 2024.
View our LC earnings forecast
.

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) released its earnings results on Wednesday, October, 25th. The credit services provider reported $0.05 EPS for the quarter, topping the consensus estimate of $0.04 by $0.01. The credit services provider had revenue of $200.85 million for the quarter, compared to analyst estimates of $199.66 million. LendingClub had a net margin of 5.56% and a trailing twelve-month return on equity of 4.13%.

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 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 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 guidance has LendingClub issued on next quarter's earnings?

LendingClub issued an update on its third quarter 2023 earnings guidance on Thursday, October, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $198.00 million-$200.00 million, compared to the consensus revenue estimate of $199.42 million.

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 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.

Who are LendingClub's major shareholders?

LendingClub's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Jacobs Levy Equity Management Inc. (1.72%), Harspring Capital Management LLC (1.69%), Sei Investments Co. (1.37%), Northern Trust Corp (0.90%), Charles Schwab Investment Management Inc. (0.76%) and American Century Companies Inc. (0.71%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/9/2023 by MarketBeat.com Staff

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