NYSE:LC LendingClub (LC) Stock Forecast, Price & News $8.14 +0.13 (+1.62%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$7.98▼$8.2450-Day Range$6.51▼$8.2952-Week Range$6.30▼$16.41Volume925,900 shsAverage Volume2.05 million shsMarket Capitalization$874.81 millionP/E Ratio3.27Dividend YieldN/APrice Target$13.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LendingClub MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside65.8% Upside$13.50 Price TargetShort InterestHealthy4.80% of Shares Sold ShortDividend StrengthN/ASustainability-0.07Upright™ Environmental ScoreNews Sentiment-0.08Based on 3 Articles This WeekInsider TradingAcquiring Shares$99,297 Bought Last QuarterProj. Earnings Growth172.73%From $0.22 to $0.60 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.2.81 out of 5 starsFinance Sector227th out of 902 stocksPersonal Credit Institutions Industry3rd out of 13 stocks 3.2 Analyst's Opinion Consensus RatingLendingClub has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.50, LendingClub has a forecasted upside of 65.8% from its current price of $8.14.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 Shorted4.80% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LendingClub has recently increased by 8.86%, 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 1.1 News and Social Media Coverage News SentimentLendingClub has a news sentiment score of -0.08. 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 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for LendingClub this week, compared to 5 articles on an average week.Search InterestOnly 12 people have searched for LC on MarketBeat in the last 30 days. This is a decrease of -54% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added LendingClub to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LendingClub insiders have bought more of their company's stock than they have sold. Specifically, they have bought $99,297.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.22% of the stock of LendingClub is held by insiders.Percentage Held by Institutions81.11% 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 172.73% in the coming year, from $0.22 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LendingClub is 3.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.32.Price to Earnings Ratio vs. SectorThe P/E ratio of LendingClub is 3.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 149.32.Price to Book Value per Share RatioLendingClub has a P/B Ratio of 0.73. 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 Corp. engages in an online marketplace that facilitates loans to borrowers and investments. It operates through the LendingClub Bank and LendingClub Corporation (Parent Only) segments. The LendingClub Bank segment offers a full complement of financial products and solutions, including loans, leases and deposits. It originates loans to individuals and businesses, retains loans for investment, sells loans to investors and manages relationships with deposit holders. The LendingClub Corporation (Parent Only) segment refers to the holding company legal entity. The company was founded by Renaud Laplanche and Soulaiman Htite in 2006 and is headquartered in San Francisco, CA.Read More 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 Stock News HeadlinesMay 28, 2023 | finance.yahoo.comThose who invested in LendingClub (NYSE:LC) three years ago are up 52%May 24, 2023 | finance.yahoo.com69% of Americans in Urban Areas are Living Paycheck to Paycheck; 14 Percentage Points Higher than Suburban ConsumersMay 29, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.May 21, 2023 | fool.comLendingClub (NYSE: LC)May 18, 2023 | americanbankingnews.comLendingClub (NYSE:LC) Receives New Coverage from Analysts at StockNews.comMay 18, 2023 | msn.comLendingClub: Buy The Fed PauseMay 12, 2023 | finance.yahoo.comStephen Cutler Bought 9,837% More Shares In LendingClub \May 11, 2023 | finance.yahoo.comLendingClub to Participate in the 2023 Barclays Emerging Payments & Fintech Forum on May 17thMay 29, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.May 11, 2023 | americanbankingnews.comStephen M. Cutler Acquires 7,250 Shares of LendingClub Co. (NYSE:LC) StockMay 11, 2023 | americanbankingnews.comStephen M. Cutler Buys 7,407 Shares of LendingClub Co. (NYSE:LC) StockMay 9, 2023 | americanbankingnews.comAnalysts Set LendingClub Co. (NYSE:LC) Target Price at $13.50May 6, 2023 | americanbankingnews.comLendingClub (NYSE:LC) Sets New 12-Month Low at $6.39May 5, 2023 | finance.yahoo.comLendingClub Corporation's (NYSE:LC) Earnings Are Not Doing Enough For Some InvestorsMay 4, 2023 | finance.yahoo.com10 Best Small-Cap Value Stocks to Invest InMay 3, 2023 | americanbankingnews.comWedbush Analysts Reduce Earnings Estimates for LendingClub Co. (NYSE:LC)May 2, 2023 | americanbankingnews.comLendingClub Co. Forecasted to Earn Q2 2023 Earnings of $0.11 Per Share (NYSE:LC)May 2, 2023 | msn.comFewer Americans live paycheck to paycheck, but trouble brews for millennials - reportMay 1, 2023 | finance.yahoo.comThis Profitable Fintech Stock Trades at a DiscountApril 30, 2023 | americanbankingnews.comWedbush Comments on LendingClub Co.'s Q4 2023 Earnings (NYSE:LC)April 28, 2023 | finance.yahoo.comThese Affordable US Real Estate Markets Are Under the RadarApril 28, 2023 | finance.yahoo.comAt 73%, Millennials Are the Most Likely Generation to Live Paycheck to PaycheckApril 27, 2023 | finance.yahoo.comQ1 2023 LendingClub Corp Earnings CallApril 27, 2023 | seekingalpha.comLendingClub's Attractive Business Prospects Are On Sale At Current PricesApril 26, 2023 | finance.yahoo.comLendingClub Reports First Quarter 2023 ResultsApril 24, 2023 | finance.yahoo.comLendingClub Appoints Janey Whiteside to its Board of DirectorsApril 24, 2023 | americanbankingnews.comLendingClub (LC) Scheduled to Post Earnings on WednesdaySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings4/26/2023Today5/29/2023Next Earnings (Estimated)7/26/2023Fiscal 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$13.50 High Stock Price Forecast$20.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+65.8%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.49 Trailing P/E Ratio3.27 Forward P/E Ratio37.00 P/E GrowthN/ANet Income$289.68 million Net Margins22.96% Pretax Margin10.93% Return on Equity10.45% Return on Assets1.60% Debt Debt-to-Equity Ratio0.03 Current Ratio1.05 Quick Ratio0.94 Sales & Book Value Annual Sales$1.19 billion Price / Sales0.74 Cash Flow$1.81 per share Price / Cash Flow4.50 Book Value$11.08 per share Price / Book0.73Miscellaneous Outstanding Shares107,470,000Free Float104,008,000Market Cap$874.81 million OptionableOptionable Beta1.94 Social Links Key ExecutivesScott C. SanbornChief Executive Officer & DirectorAndrew LaBenneChief Financial OfficerBalaji ThiagarajanChief Technology OfficerBrandon PaceSecretary & Chief Administrative OfficerRonnie MomenChief Consumer Banking OfficerKey CompetitorsWorld AcceptanceNASDAQ:WRLDOpen LendingNASDAQ:LPROAtlanticusNASDAQ:ATLCOaktree Specialty LendingNASDAQ:OCSLEnova InternationalNYSE:ENVAView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 23,504 shares on 5/22/2023Ownership: 0.121%JPMorgan Chase & Co.Sold 44,732 shares on 5/18/2023Ownership: 0.349%New York State Common Retirement FundSold 21,491 shares on 5/18/2023Ownership: 0.045%Long Focus Capital Management LLCBought 717,369 shares on 5/17/2023Ownership: 2.051%Squarepoint Ops LLCSold 5,700 shares on 5/16/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions LC Stock - Frequently Asked Questions Should I buy or sell LendingClub stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LC, but not buy additional shares or sell existing shares. View LC analyst ratings or view top-rated stocks. What is LendingClub's stock price forecast for 2023? 5 brokerages have issued 12-month target prices for LendingClub's shares. Their LC share price forecasts range from $10.00 to $20.00. On average, they anticipate the company's share price to reach $13.50 in the next year. This suggests a possible upside of 65.8% 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 2023. Since then, LC shares have decreased by 7.5% and is now trading at $8.14. View the best growth stocks for 2023 here. Are investors shorting LendingClub? LendingClub saw a increase in short interest in April. As of April 30th, there was short interest totaling 4,740,000 shares, an increase of 7.0% from the April 15th total of 4,430,000 shares. Based on an average daily trading volume, of 2,030,000 shares, the days-to-cover ratio is currently 2.3 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, July 26th 2023. View our LC earnings forecast. How were LendingClub's earnings last quarter? LendingClub Co. (NYSE:LC) issued its quarterly earnings data on Wednesday, April, 26th. The credit services provider reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.01. The credit services provider had revenue of $245.70 million for the quarter, compared to the consensus estimate of $237.32 million. LendingClub had a net margin of 22.96% and a trailing twelve-month return on equity of 10.45%. The business's quarterly revenue was down 15.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 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), First Trust Small Cap Value AlphaDEX Fund (FYT), Global X FinTech Thematic ETF (FINX), First Trust Small Cap Core AlphaDEX Fund (FYX), Global X Millennial Consumer ETF (MILN), When did LendingClub's stock split? LendingClub shares 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 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 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 number of institutional and retail investors. Top institutional investors include Jackson Square Partners LLC (8.14%), BlackRock Inc. (7.37%), Rubric Capital Management LP (5.11%), Dimensional Fund Advisors LP (2.43%), Harspring Capital Management LLC (2.36%) and State Street Corp (2.26%). 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 $8.14. How much money does LendingClub make? LendingClub (NYSE:LC) has a market capitalization of $874.81 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 $2.49 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 5/29/2023 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. 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