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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:LC

LendingClub Stock Forecast, Price & News

$13.07
+0.69 (+5.57%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$12.48
$13.11
50-Day Range
$11.85
$16.41
52-Week Range
$11.63
$49.21
Volume
2.34 million shs
Average Volume
2.42 million shs
Market Capitalization
$1.34 billion
P/E Ratio
12.94
Dividend Yield
N/A
Price Target
$40.80
30 days | 90 days | 365 days | Advanced Chart

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LC Stock Forecast (MarketRank)

Overall MarketRank

2.63 out of 5 stars

Finance Sector

463rd out of 1,363 stocks

Personal Credit Institutions Industry

9th out of 14 stocks

Analyst Opinion: 3.4Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -
LendingClub logo

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.

LC Stock News Headlines

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Industry, Sector and Symbol

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

Company Calendar

Last Earnings
4/27/2022
Today
6/24/2022
Next Earnings (Estimated)
7/27/2022
Fiscal Year End
12/31/2022

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.83333333333333
Research Coverage
6 Analysts

Profitability

Net Income
$18.58 million
Pretax Margin
11.39%

Debt

Sales & Book Value

Annual Sales
$818.63 million
Cash Flow
$1.36 per share
Book Value
$8.51 per share

Miscellaneous

Free Float
98,903,000
Market Cap
$1.34 billion
Optionable
Optionable
Beta
1.94














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. Controller
  • Mr. Balaji Thiagarajan, Chief Technology Officer
  • Mr. Sameer Shripad Gokhale CPA, Head of Investor Relations
  • Ms. Tina Wilson, Chief People Officer
  • Mr. 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.

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].

This page (NYSE:LC) was last updated on 6/25/2022 by MarketBeat.com Staff

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