S&P 500   4,349.93
DOW   34,168.09
QQQ   344.57
S&P 500   4,349.93
DOW   34,168.09
QQQ   344.57
S&P 500   4,349.93
DOW   34,168.09
QQQ   344.57
S&P 500   4,349.93
DOW   34,168.09
QQQ   344.57
NYSE:LC

LendingClub Stock Forecast, Price & News

$22.50
+0.95 (+4.41%)
(As of 01/26/2022 04:00 PM ET)
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Compare
Today's Range
$22.10
$23.84
50-Day Range
$20.91
$41.38
52-Week Range
$9.50
$49.21
Volume
7.24 million shs
Average Volume
3.00 million shs
Market Capitalization
$2.25 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
2.04
30 days | 90 days | 365 days | Advanced Chart
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LendingClub logo

About LendingClub

LendingClub Corp. engages in the operation of education and patient finance and auto loan services. Its loan product types consists of personal, education and patient finance, and auto. The company was founded by Renaud Laplanche and Soulaiman Htite on October 2, 2006 and is headquartered in San Francisco, CA.

Headlines

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Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
1,030
Year Founded
N/A

Sales & Book Value

Annual Sales
$314.70 million
Book Value
$8.16 per share

Profitability

Net Income
$-187.54 million
Pretax Margin
-5.92%

Debt

Price-To-Earnings

Miscellaneous

Free Float
95,399,000
Market Cap
$2.25 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Today
1/27/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.41 out of 5 stars

Finance Sector

241st out of 1,356 stocks

Personal Credit Institutions Industry

5th out of 13 stocks

Analyst Opinion: 3.4Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












LendingClub (NYSE:LC) Frequently Asked Questions

Is LendingClub a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LendingClub stock.
View analyst ratings for LendingClub
or view top-rated stocks.

How has LendingClub's stock price been impacted by Coronavirus?

LendingClub's stock was trading at $9.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LC stock has increased by 139.1% and is now trading at $22.50.
View which stocks have been most impacted by COVID-19
.

Are investors shorting LendingClub?

LendingClub saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 5,070,000 shares, an increase of 33.1% from the November 30th total of 3,810,000 shares. Based on an average daily trading volume, of 2,730,000 shares, the short-interest ratio is currently 1.9 days. Currently, 5.2% of the company's shares are sold short.
View LendingClub's Short Interest
.

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) posted its quarterly earnings data on Wednesday, October, 27th. The credit services provider reported $0.75 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.64. The credit services provider earned $246.20 million during the quarter, compared to the consensus estimate of $221.96 million. LendingClub had a negative net margin of 5.88% and a positive trailing twelve-month return on equity of 2.56%. LendingClub's quarterly revenue was up 229.6% on a year-over-year basis. During the same period last year, the firm posted ($0.25) EPS.
View LendingClub's earnings history
.

When did LendingClub's stock split? How did LendingClub's stock split work?

Shares of LendingClub 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 LendingClub 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 FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $796 million-$806 million, compared to the consensus revenue estimate of $772.54 million.

What price target have analysts set for LC?

6 brokerages have issued 12 month price targets for LendingClub's shares. Their forecasts range from $32.00 to $60.00. On average, they anticipate LendingClub's stock price to reach $44.20 in the next year. This suggests a possible upside of 96.4% from the stock's current price.
View analysts' price targets for LendingClub
or view top-rated stocks among Wall Street analysts.

Who are LendingClub's key executives?

LendingClub's management team includes the following people:
  • Scott C. Sanborn, Chief Executive Officer & Director
  • Thomas W. Casey, Chief Financial Officer & Director
  • Brandon Pace, Secretary & Chief Administrative Officer
  • Sid Jajodia, Chief Investment Officer
  • Valerie Kay, Chief Capital Officer (LinkedIn Profile)

What is Scott Sanborn's approval rating as LendingClub's CEO?

269 employees have rated LendingClub CEO Scott Sanborn on Glassdoor.com. Scott Sanborn has an approval rating of 64% among LendingClub'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 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.

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 many different retail and institutional investors. Top institutional shareholders include Nordea Investment Management AB (0.29%), Grassi Investment Management (0.11%), Cutler Group LP (0.00%), First Midwest Bank Trust Division (0.03%), SkyOak Wealth LLC (0.01%) and CenterStar Asset Management LLC (0.00%). Company insiders that own LendingClub stock include Allan R Landon, Annie Armstrong, Bahman Koohestani, Michael P Zeisser, Scott Sanborn, Susan C Athey, Thomas W Casey and Valerie Kay.
View institutional ownership trends for LendingClub
.

Which major investors are selling LendingClub stock?

LC stock was sold by a variety of institutional investors in the last quarter, including CenterStar Asset Management LLC, First Midwest Bank Trust Division, and Nordea Investment Management AB. Company insiders that have sold LendingClub company stock in the last year include Annie Armstrong, Bahman Koohestani, Scott Sanborn, Susan C Athey, and Valerie Kay.
View insider buying and selling activity for LendingClub
or view top insider-selling stocks.

Which major investors are buying LendingClub stock?

LC stock was purchased by a variety of institutional investors in the last quarter, including Cutler Group LP, SkyOak Wealth LLC, and Grassi Investment Management. Company insiders that have bought LendingClub stock in the last two years include Allan R Landon, Michael P Zeisser, and Thomas W Casey.
View insider buying and selling activity for LendingClub
or or view top insider-buying stocks.

How do I buy shares of LendingClub?

Shares of LC 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 $22.50.

How much money does LendingClub make?

LendingClub has a market capitalization of $2.25 billion and generates $314.70 million in revenue each year. The credit services provider earns $-187.54 million in net income (profit) each year or ($0.43) on an earnings per share basis.

How many employees does LendingClub have?

LendingClub employs 1,030 workers across the globe.

What is LendingClub's official website?

The official website for LendingClub is www.lendingclub.com.

Where are LendingClub's headquarters?

LendingClub is headquartered at 595 MARKET STREET SUITE 200, SAN FRANCISCO CA, 94105.

How can I contact LendingClub?

LendingClub's mailing address is 595 MARKET STREET SUITE 200, SAN FRANCISCO CA, 94105. The credit services provider can be reached via phone at (415) 632-5600 or via email at [email protected].


This page was last updated on 1/27/2022 by MarketBeat.com Staff

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