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NYSE:LC

LendingClub - LC Stock Forecast, Price & News

$10.22
+0.16 (+1.59%)
(As of 11/29/2022 03:08 PM ET)
Add
Compare
Today's Range
$10.06
$10.43
50-Day Range
$9.35
$12.32
52-Week Range
$9.34
$36.91
Volume
31,938 shs
Average Volume
1.67 million shs
Market Capitalization
$1.07 billion
P/E Ratio
3.65
Dividend Yield
N/A
Price Target
$21.75

LendingClub MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
113.0% Upside
$21.75 Price Target
Short Interest
Healthy
4.30% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.07
Upright™ Environmental Score
News Sentiment
0.07mentions of LendingClub in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$214,646 Bought Last Quarter
Proj. Earnings Growth
-12.95%
From $1.39 to $1.21 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Finance Sector

264th out of 907 stocks

Personal Credit Institutions Industry

2nd out of 13 stocks

LC stock logo

About LendingClub (NYSE:LC) Stock

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.

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LC Stock News Headlines

Here’s Why SoFi Technologies Stock is Cheap at These Levels (LC)
Fintech personal finance company Sofi Technologies (NASDAQ: SOFI) stock has fallen (-65%) for the year. The Company has continued to grow retail account
Here's Why SoFi's Stock Can't Gain Any Momentum Right Now
Bear of the Day: Lending Club (LC)
LendingClub: Q3 Earnings Insights
LendingClub (LC) Tops Q3 Earnings and Revenue Estimates
LendingClub Reports Third Quarter 2022 Results
See More Headlines
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LC Company Calendar

Last Earnings
10/26/2022
Today
11/29/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/25/2023

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
1,384
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$21.75
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+112.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$18.58 million
Pretax Margin
13.55%

Debt

Sales & Book Value

Annual Sales
$818.63 million
Cash Flow
$1.24 per share
Book Value
$8.51 per share

Miscellaneous

Free Float
101,705,000
Market Cap
$1.07 billion
Optionable
Optionable
Beta
1.91

Key Executives

  • Mr. Scott C. SanbornMr. Scott C. Sanborn (Age 53)
    CEO & Director
    Comp: $1.13M
  • Mr. Brandon Pace (Age 49)
    Chief Admin. Officer & Corp. Sec.
    Comp: $642.67k
  • Ms. Valerie KayMs. Valerie Kay (Age 55)
    Chief Capital Officer
    Comp: $680.46k
  • Mr. Thomas W. Casey CPAMr. Thomas W. Casey CPA (Age 59)
    Exec. Officer
    Comp: $828.45k
  • Mr. Ronnie Momen (Age 54)
    Chief Consumer Banking Officer
    Comp: $820.32k
  • Mr. Andrew LaBenne (Age 48)
    Chief Financial Officer
  • Mr. Fergal Stack
    Principal Accounting Officer & Corp. Controller
  • Mr. Balaji Thiagarajan
    Chief Technology Officer
  • Mr. Sameer Shripad Gokhale CPA
    Head of Investor Relations
  • Ms. Tina Wilson
    Chief People Officer













LC Stock - Frequently Asked Questions

Should I buy or sell LendingClub stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LC shares.
View LC analyst ratings
or view top-rated stocks.

What is LendingClub's stock price forecast for 2023?

5 brokerages have issued 1-year price targets for LendingClub's shares. Their LC share price forecasts range from $15.00 to $32.00. On average, they expect the company's stock price to reach $21.75 in the next twelve months. This suggests a possible upside of 113.4% 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 2022?

LendingClub's stock was trading at $24.18 at the beginning of 2022. Since then, LC shares have decreased by 57.9% and is now trading at $10.19.
View the best growth stocks for 2022 here
.

Are investors shorting LendingClub?

LendingClub saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 4,520,000 shares, a decrease of 16.0% from the October 31st total of 5,380,000 shares. Based on an average daily trading volume, of 1,710,000 shares, the days-to-cover ratio is currently 2.6 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, January 25th 2023.
View our LC earnings forecast
.

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) released its earnings results on Wednesday, October, 26th. The credit services provider reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.01. The credit services provider earned $304.91 million during the quarter, compared to the consensus estimate of $294.95 million. LendingClub had a trailing twelve-month return on equity of 21.55% and a net margin of 24.88%.

When did LendingClub's stock split?

LendingClub shares 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 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 guidance has LendingClub issued on next quarter's earnings?

LendingClub updated its fourth quarter 2022 earnings guidance on Wednesday, November, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $255.00 million-$265.00 million, compared to the consensus revenue estimate of $279.68 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 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 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 investors include Vanguard Group Inc. (12.48%), BlackRock Inc. (6.88%), Rubric Capital Management LP (4.63%), State Street Corp (2.20%), Dimensional Fund Advisors LP (1.71%) and Nuveen Asset Management LLC (1.71%). 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 $10.19.

How much money does LendingClub make?

LendingClub (NYSE:LC) has a market capitalization of $1.07 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 $2.80 on an earnings per share basis.

How many employees does LendingClub have?

The company 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 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 11/29/2022 by MarketBeat.com Staff