NYSE:LC LendingClub - LC 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. $7.10 +0.17 (+2.45%) (As of 03/29/2023 12:32 PM ET) Add Compare Share Share Today's Range$6.94▼$7.1450-Day Range$6.63▼$10.8652-Week Range$6.52▼$17.48Volume766,114 shsAverage Volume2.13 million shsMarket Capitalization$756.65 millionP/E Ratio2.58Dividend YieldN/APrice Target$15.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LendingClub MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside111.3% Upside$15.00 Price TargetShort InterestHealthy3.90% of Shares Sold ShortDividend StrengthN/ASustainability-0.07Upright™ Environmental ScoreNews Sentiment0.15Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth105.66%From $0.53 to $1.09 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.2.70 out of 5 starsFinance Sector315th out of 892 stocksPersonal Credit Institutions Industry6th 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 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, LendingClub has a forecasted upside of 111.3% from its current price of $7.10.Amount of Analyst CoverageLendingClub has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.90% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LendingClub has recently increased by 0.73%, indicating that investor sentiment is decreasing. 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 1.7 News and Social Media Coverage News SentimentLendingClub has a news sentiment score of 0.15. 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 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for LendingClub this week, compared to 5 articles on an average week.Search InterestOnly 32 people have searched for LC on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.MarketBeat Follows4 people have added LendingClub to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 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 105.66% in the coming year, from $0.53 to $1.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LendingClub is 2.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.84.Price to Earnings Ratio vs. SectorThe P/E ratio of LendingClub is 2.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 137.95.Price to Book Value per Share RatioLendingClub has a P/B Ratio of 0.64. 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 HeadlinesMarch 27, 2023 | seekingalpha.comLendingClub appoints former JPMorgan executive to its boardMarch 27, 2023 | finance.yahoo.comHalf of Employed Consumers Have Supplemental Income Sources in Addition to their PaychecksMarch 29, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 25, 2023 | thestreet.comMore Squawk From Jim Cramer: 'Less Concerned' About LendingClub (LC) StockMarch 25, 2023 | americanbankingnews.comLendingClub (NYSE:LC) Lifted to Hold at StockNews.comMarch 24, 2023 | americanbankingnews.comStockNews.com Upgrades LendingClub (NYSE:LC) to HoldMarch 9, 2023 | finance.yahoo.comShould You Be Adding LendingClub (NYSE:LC) To Your Watchlist Today?February 28, 2023 | finance.yahoo.com60% of Americans Now Living Paycheck to Paycheck, Down from 64% a Month AgoMarch 29, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.February 20, 2023 | seekingalpha.comLendingClub: When Headwinds Turn To TailwindsFebruary 12, 2023 | finance.yahoo.comCan LendingClub (LC) Climb 60.4% to Reach the Level Wall Street Analysts Expect?February 5, 2023 | msn.comNearly two-thirds of U.S. consumers live paycheck-to-paycheck, survey saysFebruary 2, 2023 | finance.yahoo.comLendingClub Named a Winner of the 2023 Top Workplaces USA Award and is Included in the 2023 Bloomberg Gender-Equality IndexJanuary 31, 2023 | finance.yahoo.comWait, how many people making $100k+ live paycheck to paycheck?!January 31, 2023 | finance.yahoo.comLendingClub Really Needs the Fed's Rate-Hiking Campaign to EndJanuary 30, 2023 | finance.yahoo.comMillions More Americans Living Paycheck-to-Paycheck: How They’ll Cut Spending Back Amid 2023 InflationJanuary 30, 2023 | finance.yahoo.com9.3 Million More U.S. Consumers Ended 2022 Living Paycheck to Paycheck Than in 2021January 29, 2023 | finance.yahoo.comLendingClub's Muted Outlook Spells Even Worse News for UpstartJanuary 27, 2023 | finance.yahoo.comAs LendingClub Corporation (NYSE:LC) drops to US$977m market cap, insiders might rethink their US$641k stock purchase earlier this yearJanuary 27, 2023 | finance.yahoo.comLendingClub Full Year 2022 Earnings: EPS Misses ExpectationsJanuary 26, 2023 | finance.yahoo.comLendingClub Corporation (NYSE:LC) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | finance.yahoo.comLendingClub stock is on track for its biggest percentage drop in a year, as 2023 outlook gets cloudierJanuary 25, 2023 | finance.yahoo.comLendingClub (LC) Q4 Earnings Miss EstimatesJanuary 25, 2023 | finance.yahoo.comLendingClub Reports Fourth Quarter and Full Year 2022 ResultsJanuary 24, 2023 | finance.yahoo.comLooking for a Fast-paced Momentum Stock at a Bargain? Consider LendingClub (LC)January 20, 2023 | finance.yahoo.comIs LendingClub (LC) Stock Undervalued Right Now?January 18, 2023 | finance.yahoo.comLendingClub Bank Wins Multiple Awards in GOBankingRates' "Best Online Banks of 2023" ListsSee 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 Earnings1/25/2023Today3/29/2023Next Earnings (Estimated)4/26/2023Fiscal 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$15.00 High Stock Price Forecast$20.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+114.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.75 Trailing P/E Ratio2.54 Forward P/E Ratio13.17 P/E GrowthN/ANet Income$289.68 million Net Margins24.40% Pretax Margin12.05% Return on Equity13.75% Return on Assets2.21% Debt Debt-to-Equity Ratio0.05 Current Ratio1.08 Quick Ratio0.91 Sales & Book Value Annual Sales$1.19 billion Price / Sales0.63 Cash Flow$1.86 per share Price / Cash Flow3.76 Book Value$11.08 per share Price / Book0.63Miscellaneous Outstanding Shares106,570,000Free Float103,139,000Market Cap$743.86 million OptionableOptionable Beta1.96 Social Links Key ExecutivesScott C. SanbornChief Executive Officer & DirectorAndrew LaBenneChief Financial OfficerBalaji ThiagarajanChief Technology OfficerBrandon PaceSecretary & Chief Administrative OfficerRonnie MomenChief Consumer Banking OfficerKey CompetitorsOpen LendingNASDAQ:LPROWorld AcceptanceNASDAQ:WRLDAtlanticusNASDAQ:ATLCRegional ManagementNYSE:RMEnova InternationalNYSE:ENVAView All CompetitorsInsiders & InstitutionsParallax Volatility Advisers L.P.Sold 1,100 shares on 2/27/2023Ownership: 0.000%Macquarie Group Ltd.Sold 38,974 shares on 2/21/2023Ownership: 0.047%Alliancebernstein L.P.Bought 3,000 shares on 2/16/2023Ownership: 0.098%State of WyomingSold 1,038 shares on 2/16/2023Ownership: 0.010%Point72 Middle East FZEBought 6,159 shares on 2/16/2023Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions LC Stock - Frequently Asked Questions Should I buy or sell LendingClub stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last twelve months. There are currently 2 hold ratings and 1 buy rating 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? 3 brokers have issued 12-month price targets for LendingClub's stock. Their LC share price forecasts range from $10.00 to $20.00. On average, they anticipate the company's share price to reach $15.00 in the next year. This suggests a possible upside of 114.9% 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 on January 1st, 2023. Since then, LC shares have decreased by 20.7% and is now trading at $6.98. View the best growth stocks for 2023 here. Are investors shorting LendingClub? LendingClub saw a increase in short interest in February. As of February 28th, there was short interest totaling 4,130,000 shares, an increase of 5.1% from the February 13th total of 3,930,000 shares. Based on an average daily volume of 1,820,000 shares, the short-interest 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, April 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, January, 25th. The credit services provider reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.20 by $0.01. The credit services provider earned $262.70 million during the quarter, compared to the consensus estimate of $258.37 million. LendingClub had a net margin of 24.40% and a trailing twelve-month return on equity of 13.75%. The business's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 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), First Trust Small Cap Core AlphaDEX Fund (FYX), Global X FinTech Thematic ETF (FINX), Global X Millennials Consumer ETF (MILN). When did LendingClub's stock split? LendingClub's stock 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 fourth quarter 2022 earnings guidance on Thursday, January, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $260.00 million-$263.00 million, compared to the consensus revenue estimate of $261.65 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 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 a variety of retail and institutional investors. Top institutional shareholders include Jackson Square Partners LLC (7.47%), Dimensional Fund Advisors LP (2.40%), Harspring Capital Management LLC (2.09%), Geode Capital Management LLC (1.84%), Renaissance Technologies LLC (1.56%) and Sei Investments Co. (1.34%). 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, 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 $6.98. How much money does LendingClub make? LendingClub (NYSE:LC) has a market capitalization of $743.86 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 $2.75 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 3/29/2023 by MarketBeat.com Staff 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.