NYSE:LC LendingClub Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $13.07 +0.69 (+5.57%) (As of 06/24/2022 12:00 AM ET) Add Compare Share Today's Range$12.48▼$13.1150-Day Range$11.85▼$16.4152-Week Range$11.63▼$49.21Volume2.34 million shsAverage Volume2.42 million shsMarket Capitalization$1.34 billionP/E Ratio12.94Dividend YieldN/APrice Target$40.80 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability 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 Stock Forecast (MarketRank)Overall MarketRank™2.63 out of 5 starsFinance Sector463rd out of 1,363 stocksPersonal Credit Institutions Industry9th out of 14 stocksAnalyst Opinion: 3.4Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 - 3.4 Analyst's Opinion Consensus RatingLendingClub has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.80, LendingClub has a forecasted upside of 212.2% from its current price of $13.07.Amount of Analyst CoverageLendingClub has received no research coverage in the past 90 days. Previous Next 4.1 Community Rank Outperform VotesLendingClub has received 558 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLendingClub has received 329 “underperform” votes. (Add your “underperform” vote.)Community SentimentLendingClub has received 62.91% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about LendingClub and other stocks. Vote “Outperform” if you believe LC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LC will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LendingClub insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $522,820.00 in company stock.Percentage Held by InsidersOnly 3.22% of the stock of LendingClub is held by insiders.Percentage Held by Institutions80.27% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for LendingClub are expected to grow by 36.08% in the coming year, from $1.58 to $2.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LendingClub is 12.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.72.Price to Earnings Ratio vs. SectorThe P/E ratio of LendingClub is 12.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.09.Price to Book Value per Share RatioLendingClub has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About LendingClub (NYSE:LC)LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States. The company provides commercial and industrial, commercial real estate, small business, and equipment loans, as well as leases equipment; and unsecured personal and auto, patient finance, and education finance loans. It also operates an online lending marketplace platform that connects borrowers and investors. LendingClub Corporation was incorporated in 2006 and is headquartered in San Francisco, California.Read More LC Stock News HeadlinesJune 22, 2022 | nasdaq.com3 No-Brainer Fintech Stocks to Buy With $300 During This Market Sell-Off - NasdaqJune 22, 2022 | pymnts.com62% of Consumers Made Credit Card Payments in Last 90 Days - PYMNTS.comJune 22, 2022 | fool.com3 No-Brainer Fintech Stocks to Buy With $300 During This Market Sell-Off - The Motley FoolJune 21, 2022 | nasdaq.comAre Options Traders Betting on a Big Move in LendingClub (LC) Stock? - NasdaqJune 21, 2022 | finance.yahoo.comAre Options Traders Betting on a Big Move in LendingClub (LC) Stock?June 20, 2022 | businessinsider.comThe Highest Savings Account Rates Today: June 20, 2022 - Business InsiderJune 18, 2022 | americanbankingnews.comLendingClub (NYSE:LC) Hits New 12-Month Low at $11.95June 16, 2022 | cnbc.comAmid record inflation, 36% of employees earning $100,000 or more say they are living paycheck to paycheck - CNBCJune 16, 2022 | pymnts.comEven High Earners Tapping Credit Lines Now to Offset Impact of Inflation - PYMNTS.comJune 13, 2022 | americanbankingnews.comInsider Selling: LendingClub Co. (NYSE:LC) Insider Sells $51,645.69 in StockJune 10, 2022 | bloomberg.comWhat Is the Best Salary? Even People Making $250,000 Live Month-to-Month - BloombergJune 9, 2022 | fortune.comAfter 7 straight quarters when Americans got richer, household net worth just fell by $500 billion - FortuneJune 5, 2022 | seekingalpha.comLendingClub: Deep Dive On Strategy And Capital Allocation (NYSE:LC) - Seeking AlphaSee More Headlines Industry, 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/AEmployees1,384Year FoundedN/ACompany Calendar Last Earnings4/27/2022Today6/24/2022Next Earnings (Estimated)7/27/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$40.80 High Stock Price Forecast$60.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+212.2%Consensus RatingModerate Buy Rating Score (0-4)2.83333333333333 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.009990 Trailing P/E Ratio12.94 Forward P/E Ratio8.27 P/E GrowthN/ANet Income$18.58 million Net Margins10.63% Pretax Margin11.39% Return on Equity26.12% Return on Assets4.40% Debt Debt-to-Equity Ratio0.19 Current Ratio1.17 Quick Ratio1.08 Sales & Book Value Annual Sales$818.63 million Price / Sales1.63 Cash Flow$1.36 per share Price / Cash Flow9.60 Book Value$8.51 per share Price / Book1.54Miscellaneous Outstanding Shares102,194,000Free Float98,903,000Market Cap$1.34 billion OptionableOptionable Beta1.94 LendingClub 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 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LendingClub stock. View analyst ratings for LendingClub or view top-rated stocks. What is LendingClub's stock price forecast for 2022? 6 Wall Street analysts have issued 1-year price objectives for LendingClub's shares. Their LC stock forecasts range from $27.00 to $60.00. On average, they anticipate LendingClub's stock price to reach $40.80 in the next twelve months. This suggests a possible upside of 212.2% from the stock's current price. View analysts' price targets for LendingClub or view top-rated stocks among Wall Street analysts. How has LendingClub's stock performed in 2022? LendingClub's stock was trading at $24.18 at the beginning of 2022. Since then, LC stock has decreased by 45.9% and is now trading at $13.07. View the best growth stocks for 2022 here. When is LendingClub's next earnings date? LendingClub is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for LendingClub. How were LendingClub's earnings last quarter? LendingClub Co. (NYSE:LC) released its quarterly earnings results on Wednesday, April, 27th. The credit services provider reported $0.39 EPS for the quarter, topping the consensus estimate of $0.25 by $0.14. The credit services provider earned $289.50 million during the quarter, compared to the consensus estimate of $262.43 million. LendingClub had a net margin of 10.63% and a trailing twelve-month return on equity of 26.12%. LendingClub's revenue was up 173.6% on a year-over-year basis. During the same period last year, the company posted ($0.49) EPS. View LendingClub's earnings history. When did LendingClub's stock split? How did LendingClub's stock split work? LendingClub's stock 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 closing bell 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. Who are LendingClub's key executives? LendingClub's management team includes the following people: Mr. Scott C. Sanborn, CEO & Director (Age 53, Pay $1.13M)Mr. Thomas W. Casey CPA, CFO & Director (Age 59, Pay $828.45k) (LinkedIn Profile)Mr. Brandon Pace, Chief Admin. Officer & Corp. Sec. (Age 49, Pay $642.67k)Ms. Valerie Kay, Chief Capital Officer (Age 55, Pay $680.46k) (LinkedIn Profile)Mr. Ronnie Momen, Chief Consumer Banking Officer (Age 54, Pay $820.32k)Mr. Fergal Stack, Principal Accounting Officer & Corp. ControllerMr. Balaji Thiagarajan, Chief Technology OfficerMr. Sameer Shripad Gokhale CPA, Head of Investor RelationsMs. Tina Wilson, Chief People OfficerMr. Raman Suri, Head of Retail Investors & Sr. VP 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. Who are some of LendingClub's key competitors? Some companies that are related to LendingClub include OneMain (OMF), SLM (SLM), Nelnet (NNI), Open Lending (LPRO), Oaktree Specialty Lending (OCSL), Enova International (ENVA), World Acceptance (WRLD), Provident Financial (FPLPY), Atlanticus (ATLC), Regional Management (RM) and Mr. Amazing Loans (MRAL). View all of LC's competitors. 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.59%), BlackRock Inc. (6.70%), Sumitomo Mitsui Trust Holdings Inc. (2.03%), Nikko Asset Management Americas Inc. (2.03%), State Street Corp (2.00%) and Bank of America Corp DE (1.95%). Company insiders that own LendingClub stock include Allan R Landon, Annie Armstrong, Bahman Koohestani, Fergal Stack, Kenneth D Denman, Michael P Zeisser, Michael P Zeisser, Scott Sanborn, Steven Allocca, Susan C Athey, Susan C Athey, Thomas W Casey, Timothy Bogan 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 ARK Investment Management LLC, Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., Jane Street Group LLC, Invesco Ltd., Jacobs Asset Management LLC, Prudential Financial Inc., and Dimensional Fund Advisors LP. Company insiders that have sold LendingClub company stock in the last two years include Annie Armstrong, Bahman Koohestani, Fergal Stack, 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 acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Healthcare of Ontario Pension Plan Trust Fund, Goldman Sachs Group Inc., Philosophy Capital Management LLC, Vanguard Group Inc., PEAK6 Investments LLC, Federated Hermes Inc., and Landscape Capital Management L.L.C.. 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 $13.07. How much money does LendingClub make? LendingClub (NYSE:LC) has a market capitalization of $1.34 billion and generates $818.63 million in revenue each year. The credit services provider earns $18.58 million in net income (profit) each year or $1.009990 on an earnings per share basis. How many employees does LendingClub have? LendingClub employs 1,384 workers across the globe. How can I contact LendingClub? LendingClub's mailing address is 595 MARKET STREET SUITE 200, SAN FRANCISCO CA, 94105. The official website for LendingClub is www.lendingclub.com. The credit services provider can be reached via phone at (415) 632-5600 or via email at [email protected]. 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