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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NYSE:LC

LendingClub Stock Forecast, Price & News

$10.77
-0.09 (-0.83 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$10.46
Now: $10.77
$11.14
50-Day Range
$10.66
MA: $11.81
$13.64
52-Week Range
$4.32
Now: $10.77
$14.28
Volume1.70 million shs
Average Volume1.71 million shs
Market Capitalization$955.39 million
P/E RatioN/A
Dividend YieldN/A
Beta1.74
LendingClub Corporation provides unsecured personal loans in the United States. It operates an online lending marketplace platform that connects borrowers and investors. The company's marketplace facilitates various types of loan products for consumers and small businesses, including education and patient finance loans, auto refinance loans, and small business loans. It also enables investors to invest in a range of loans. The company was founded in 2006 and is headquartered in San Francisco, California.
LendingClub logo

Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone415-632-5600
Employees1,073
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$758.61 million
Cash Flow$0.66 per share
Book Value$10.21 per share

Profitability

Net Income$-30,750,000.00

Miscellaneous

Market Cap$955.39 million
Next Earnings Date3/10/2021 (Confirmed)
OptionableOptionable

MarketRank

Overall MarketRank

1.13 out of 5 stars

Finance Sector

934th out of 1,937 stocks

Personal Credit Institutions Industry

10th out of 16 stocks

Analyst Opinion: 1.1Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$10.77
-0.09 (-0.83 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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LendingClub (NYSE:LC) Frequently Asked Questions

Is LendingClub a buy right now?

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

What stocks does MarketBeat like better than LendingClub?

Wall Street analysts have given LendingClub a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but LendingClub wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is LendingClub's next earnings date?

LendingClub is scheduled to release its next quarterly earnings announcement on Wednesday, March 10th 2021.
View our earnings forecast for LendingClub
.

How can I listen to LendingClub's earnings call?

LendingClub will be holding an earnings conference call on Wednesday, March 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) released its earnings results on Wednesday, November, 4th. The credit services provider reported ($0.25) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.43) by $0.18. The credit services provider earned $74.71 million during the quarter, compared to analysts' expectations of $58.04 million. LendingClub had a negative net margin of 37.60% and a negative trailing twelve-month return on equity of 13.79%. The company's revenue for the quarter was down 63.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.09 earnings per share.
View LendingClub's earnings history
.

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 14.5% and is now trading at $10.77.
View which stocks have been most impacted by COVID-19
.

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

LendingClub shares 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 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.

What price target have analysts set for LC?

7 brokerages have issued 1-year price targets for LendingClub's shares. Their forecasts range from $6.00 to $14.00. On average, they anticipate LendingClub's stock price to reach $9.10 in the next year. This suggests that the stock has a possible downside of 15.5%.
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:
  • Mr. Scott C. Sanborn, CEO & Director (Age 52, Pay $995k)
  • Mr. Thomas W. Casey, Chief Financial Officer (Age 58, Pay $745k)
  • Mr. Brandon Pace, Chief Admin. Officer & Corp. Sec. (Age 48, Pay $578.45k)
  • Mr. Timothy Bogan, Chief Banking Integration Officer (Age 55, Pay $615.32k)
  • Mr. Fergal Stack, Principal Accounting Officer & Corp. Controller
  • Mr. Bahman Koohestani, Chief Technology Officer (Age 59)
  • Mr. Sameer Shripad Gokhale CPA, CPA, Head of Investor Relations
  • Ms. Tina Wilson, Chief People Officer
  • Ms. Valerie Kay, Chief Capital Officer (Age 54)
  • 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.

Who are some of LendingClub's key 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 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 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (7.90%), Sumitomo Mitsui Trust Holdings Inc. (5.81%), Nikko Asset Management Americas Inc. (5.13%), Morgan Stanley (4.69%), Credit Suisse AG (4.05%) and Dimensional Fund Advisors LP (2.55%). Company insiders that own LendingClub stock include Bahman Koohestani, Kenneth D Denman, Mary G Meeker, Scott Sanborn, Steven Allocca, 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 Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., Assenagon Asset Management S.A., Jefferies Group LLC, JPMorgan Chase & Co., Engineers Gate Manager LP, Russell Investments Group Ltd., and Alliancebernstein L.P.. Company insiders that have sold LendingClub company stock in the last year include Scott Sanborn, 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 Morgan Stanley, Healthcare of Ontario Pension Plan Trust Fund, Jacobs Asset Management LLC, Renaissance Technologies LLC, Nuveen Asset Management LLC, Voloridge Investment Management LLC, Graham Capital Management L.P., and BlackRock Inc.. Company insiders that have bought LendingClub stock in the last two years include Steven Allocca, 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 $10.77.

How much money does LendingClub make?

LendingClub has a market capitalization of $955.39 million and generates $758.61 million in revenue each year. The credit services provider earns $-30,750,000.00 in net income (profit) each year or $0.02 on an earnings per share basis.

How many employees does LendingClub have?

LendingClub employs 1,073 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 2/28/2021 by MarketBeat.com Staff

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