NYSE:LC LendingClub (LC) Stock Forecast, Price & News $6.01 -0.13 (-2.12%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$6.00▼$6.2450-Day Range$6.01▼$10.7952-Week Range$6.00▼$12.38Volume1.59 million shsAverage Volume1.06 million shsMarket Capitalization$653.23 millionP/E Ratio7.07Dividend YieldN/APrice Target$11.92 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LendingClub MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside98.3% Upside$11.92 Price TargetShort InterestHealthy2.34% of Shares Sold ShortDividend StrengthN/ASustainability-0.07Upright™ Environmental ScoreNews Sentiment0.73Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth50.00%From $0.28 to $0.42 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.79 out of 5 starsFinance Sector180th out of 833 stocksPersonal Credit Institutions Industry4th out of 12 stocks 3.3 Analyst's Opinion Consensus RatingLendingClub has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.92, LendingClub has a forecasted upside of 98.3% from its current price of $6.01.Amount of Analyst CoverageLendingClub has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.34% of the outstanding shares of LendingClub have been sold short.Short Interest Ratio / Days to CoverLendingClub has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LendingClub has recently increased by 18.69%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldLendingClub does not currently pay a dividend.Dividend GrowthLendingClub does not have a long track record of dividend growth. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLendingClub has received a 45.35% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is driven by its "Peer-to-peer money lending platforms" product. See details.Environmental SustainabilityThe Environmental Impact score for LendingClub is -0.07. Previous Next 2.1 News and Social Media Coverage News SentimentLendingClub has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.83 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for LendingClub this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for LC on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows3 people have added LendingClub to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LendingClub insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.80% of the stock of LendingClub is held by insiders.Percentage Held by Institutions75.57% of the stock of LendingClub is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for LendingClub are expected to grow by 50.00% in the coming year, from $0.28 to $0.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LendingClub is 7.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.76.Price to Earnings Ratio vs. SectorThe P/E ratio of LendingClub is 7.07, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 82.47.Price to Book Value per Share RatioLendingClub has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About LendingClub (NYSE:LC) StockLendingClub 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.Read More LC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LC Stock News HeadlinesSeptember 27, 2023 | finance.yahoo.comNearly Half of U.S. Consumers Report Their Financial Livelihood Fluctuates SeasonallySeptember 24, 2023 | americanbankingnews.comLendingClub (NYSE:LC) Sets New 12-Month Low at $6.20September 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 19, 2023 | americanbankingnews.comShort Interest in LendingClub Co. (NYSE:LC) Increases By 18.7%September 13, 2023 | thestreet.comHow a Chinese Billionaire is Lifting Lending Club Out of the DoldrumsSeptember 12, 2023 | finance.yahoo.comLendingClub Corporation (NYSE:LC) is a favorite amongst institutional investors who own 76%September 6, 2023 | finance.yahoo.comMost People Are Living Paycheck to Paycheck, Survey FindsAugust 30, 2023 | finance.yahoo.com29% of Gen Z Consumers Living Paycheck to Paycheck Cite Nonessential Spending as a Cause for Financial DistressSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. August 27, 2023 | thestreet.comWatch Out for Lending Stocks -- LendingClub and MoreAugust 23, 2023 | finance.yahoo.comDo You Live Paycheck to Paycheck? Here’s 10 Reasons You’re Actually Spending MoreAugust 3, 2023 | msn.comLendingClub's Recovery PostponedAugust 3, 2023 | finance.yahoo.comUpstart Is Up 400% Since May. Is It Time to Sell?August 1, 2023 | finance.yahoo.comUpstart Stock Is on Fire, but This Could Be a Big Warning SignJuly 31, 2023 | usatoday.comLendingClub personal loans review: Good for fair credit borrowers, debt consolidation and moreJuly 31, 2023 | finance.yahoo.comLendingClub and PYMNTS Research Shows 86% of Consumers Live with One or More People, Yet Those Living with Only Partners or Spouses Reap the Financial BenefitsJuly 28, 2023 | markets.businessinsider.comMaxim Group Sticks to Its Buy Rating for LendingClub (LC)July 28, 2023 | finance.yahoo.comQ2 2023 LendingClub Corp Earnings CallJuly 28, 2023 | finance.yahoo.comWhy LendingClub Stock Was Sliding TodayJuly 28, 2023 | finance.yahoo.comLendingClub Corporation (NYSE:LC) Q2 2023 Earnings Call TranscriptJuly 27, 2023 | finanznachrichten.deLendingClub Corporation: LendingClub Reports Second Quarter 2023 ResultsJuly 27, 2023 | finance.yahoo.comLendingClub Reports Second Quarter 2023 ResultsJuly 27, 2023 | washingtonpost.comLendingClub: Q2 Earnings SnapshotJuly 27, 2023 | msn.comLendingClub stock dips as Q3 loan outlook trails consensusJuly 27, 2023 | marketwatch.comLendingClub stock falls 5% after lender says ‘headwinds’ likely to persistJuly 27, 2023 | finance.yahoo.comLendingClub (LC) Reports Q2 Earnings: What Key Metrics Have to SayJuly 26, 2023 | seekingalpha.comLendingClub Corporation 2023 Q2 - Results - Earnings Call PresentationSee More Headlines Receive LC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LendingClub and its competitors with MarketBeat's FREE daily newsletter. Email Address LC Company Calendar Last Earnings7/26/2023Today9/27/2023Next Earnings (Estimated)10/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Personal credit institutions Sub-IndustryN/A SectorFinance Current SymbolNYSE:LC CUSIPN/A CIK1409970 Webwww.lendingclub.com Phone(415) 632-5600FaxN/AEmployees1,585Year Founded2007Price Target and Rating Average Stock Price Forecast$11.92 High Stock Price Forecast$15.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+98.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.85 Trailing P/E Ratio7.07 Forward P/E Ratio21.46 P/E GrowthN/ANet Income$289.68 million Net Margins8.66% Pretax Margin8.58% Return on Equity7.04% Return on Assets1.03% Debt Debt-to-Equity Ratio0.02 Current Ratio1.03 Quick Ratio0.99 Sales & Book Value Annual Sales$1.19 billion Price / Sales0.55 Cash Flow$1.77 per share Price / Cash Flow3.39 Book Value$11.08 per share Price / Book0.54Miscellaneous Outstanding Shares108,690,000Free Float105,651,000Market Cap$653.23 million OptionableOptionable Beta1.96 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Scott C. Sanborn (Age 54)CEO & Director Comp: $1.45MMr. Andrew LaBenne (Age 49)Chief Financial Officer Comp: $559.39kMr. Brandon Pace (Age 50)Chief Admin. Officer & Corp. Sec. Comp: $724.11kMr. Ronnie Momen (Age 55)Chief Consumer Banking Officer Comp: $882.56kMs. Annie Armstrong (Age 45)Chief Risk Officer Comp: $715.95kMr. Fergal StackPrincipal Accounting Officer & Corp. ControllerMr. Balaji ThiagarajanChief Technology OfficerMr. Sameer Shripad Gokhale CPAHead of Investor RelationsMs. Tina WilsonChief People OfficerMr. Joel SchipperChief Audit Exec.More ExecutivesKey CompetitorsWorld AcceptanceNASDAQ:WRLDOpen LendingNASDAQ:LPROAtlanticusNASDAQ:ATLCRegional ManagementNYSE:RMOaktree Specialty LendingNASDAQ:OCSLView All CompetitorsInsiders & InstitutionsBarclays PLCBought 70,276 shares on 9/21/2023Ownership: 0.114%Wolverine Trading LLCSold 22,400 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 2,368 shares on 8/21/2023Ownership: 0.119%Citadel Advisors LLCBought 8,300 shares on 8/15/2023Ownership: 0.000%Stifel Financial CorpSold 2,449 shares on 8/15/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions LC Stock - Frequently Asked Questions Should I buy or sell LendingClub stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 6 brokers have issued 1 year price targets for LendingClub's stock. Their LC share price forecasts range from $10.00 to $15.00. On average, they anticipate the company's share price to reach $11.92 in the next year. This suggests a possible upside of 98.3% 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 2023? LendingClub's stock was trading at $8.80 at the beginning of the year. Since then, LC shares have decreased by 31.7% and is now trading at $6.01. View the best growth stocks for 2023 here. Are investors shorting LendingClub? LendingClub saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,540,000 shares, an increase of 18.7% from the August 15th total of 2,140,000 shares. Based on an average daily trading volume, of 1,840,000 shares, the short-interest ratio is currently 1.4 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, October 25th 2023. View our LC earnings forecast. How were LendingClub's earnings last quarter? LendingClub Co. (NYSE:LC) posted its quarterly earnings results on Wednesday, July, 26th. The credit services provider reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.05. The credit services provider earned $232.50 million during the quarter, compared to analyst estimates of $227.41 million. LendingClub had a net margin of 8.66% and a trailing twelve-month return on equity of 7.04%. The company's revenue for the quarter was down 29.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.45 earnings per share. 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 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? (LC) raised $635 million in an initial public offering 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 acted 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 retail and institutional investors. Top institutional shareholders include Jackson Square Partners LLC (8.44%), BlackRock Inc. (7.61%), Rubric Capital Management LP (4.88%), Dimensional Fund Advisors LP (2.87%), State Street Corp (2.49%) and Harspring Capital Management LLC (2.17%). Insiders that own company stock include Allan R Landon, Andrew Labenne, Annie Armstrong, Bahman Koohestani, Fergal Stack, 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. What is LendingClub's stock price today? One share of LC stock can currently be purchased for approximately $6.01. How much money does LendingClub make? LendingClub (NYSE:LC) has a market capitalization of $653.23 million and generates $1.19 billion in revenue each year. The credit services provider earns $289.68 million in net income (profit) each year or $0.85 on an earnings per share basis. How many employees does LendingClub have? The company employs 1,585 workers across the globe. Does LendingClub have any subsidiaries? The following companies are subsidiares of LendingClub: Radius Bank, and Springstone.Read More How can I contact LendingClub? LendingClub's mailing address is 595 MARKET STREET SUITE 200, SAN FRANCISCO CA, 94105. The official website for the company is www.lendingclub.com. The credit services provider can be reached via phone at (415) 632-5600 or via email at ir@lendingclub.com. This page (NYSE:LC) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding LendingClub Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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