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NYSE:LC

LendingClub - LC Stock Forecast, Price & News

$9.69
+0.22 (+2.32%)
(As of 01/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$9.34
$9.80
50-Day Range
$8.35
$10.86
52-Week Range
$8.23
$19.97
Volume
1.83 million shs
Average Volume
2.22 million shs
Market Capitalization
$1.02 billion
P/E Ratio
3.52
Dividend Yield
N/A
Price Target
$16.25

LendingClub MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
54.8% Upside
$15.00 Price Target
Short Interest
Healthy
4.28% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.07
Upright™ Environmental Score
News Sentiment
-0.02mentions of LendingClub in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$351,320 Sold Last Quarter
Proj. Earnings Growth
12.90%
From $0.93 to $1.05 Per Share

Overall MarketRank

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

2.87 out of 5 stars

Finance Sector

97th out of 897 stocks

Personal Credit Institutions Industry

1st out of 13 stocks


LC stock logo

About LendingClub (NYSE:LC) Stock

LendingClub Corp. operates as an online marketplace that facilitates loans to borrowers and investments. Its products include unsecured personal, secured auto refinance, patient, and education finance loans. The company was founded by Renaud Laplanche and Soulaiman Htite in 2006 and is headquartered in San Francisco, CA.

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LC Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
LendingClub (NYSE:LC) Shares Gap Down After Earnings Miss
LendingClub (LC) Q4 Earnings Miss Estimates
LendingClub Co. (NYSE:LC) Short Interest Up 7.5% in December
Is LendingClub (LC) Stock Undervalued Right Now?
LendingClub: Thriving Despite Headwinds
LendingClub slashing headcount by 225
LendingClub Announces Plan to Streamline Operations
UPDATE 1-LendingClub cuts 14% workforce to pare costs
See More Headlines
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LC Company Calendar

Last Earnings
1/25/2023
Today
1/31/2023
Next Earnings (Estimated)
4/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
1,384
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$15.00
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+67.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$289.68 million
Pretax Margin
13.55%

Debt

Sales & Book Value

Annual Sales
$1.19 billion
Cash Flow
$1.27 per share
Book Value
$8.51 per share

Miscellaneous

Free Float
101,705,000
Market Cap
$1.02 billion
Optionable
Optionable
Beta
1.92

Social Links


Key Executives

  • Scott C. SanbornScott C. Sanborn
    Chief Executive Officer & Director
  • Andrew LaBenne
    Chief Financial Officer
  • Balaji Thiagarajan
    Chief Technology Officer
  • Brandon Pace
    Secretary & Chief Administrative Officer
  • Valerie KayValerie Kay
    Chief Capital Officer













LC Stock - Frequently Asked Questions

Should I buy or sell LendingClub stock right now?

3 Wall Street equities research 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 equities research 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 Wall Street research analysts have issued 12 month price objectives for LendingClub's shares. Their LC share price forecasts range from $10.00 to $20.00. On average, they expect the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 54.8% 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 at the beginning of the year. Since then, LC stock has increased by 10.1% and is now trading at $9.69.
View the best growth stocks for 2023 here
.

Are investors shorting LendingClub?

LendingClub saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 4,500,000 shares, a drop of 12.3% from the December 31st total of 5,130,000 shares. Based on an average daily volume of 1,720,000 shares, the short-interest 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, April 26th 2023.
View our LC earnings forecast
.

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) posted its earnings results on Wednesday, January, 25th. The credit services provider reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate 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 trailing twelve-month return on equity of 14.20% and a net margin of 24.40%. The business's quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.80 earnings per share.

When did LendingClub's stock split?

LendingClub shares 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 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 initial public offering (IPO) 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 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 number of institutional and retail investors. Top institutional shareholders include Grassi Investment Management (0.11%), Libra Wealth LLC (0.07%), SummerHaven Investment Management LLC (0.06%), International Assets Investment Management LLC (0.04%), Sumitomo Mitsui Trust Holdings Inc. (0.03%) and Strs Ohio (0.02%). 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 $9.69.

How much money does LendingClub make?

LendingClub (NYSE:LC) has a market capitalization of $1.02 billion 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 1,384 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 1/31/2023 by MarketBeat.com Staff