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NASDAQ:LPRO

Open Lending (LPRO) Stock Price, News & Analysis

$5.42
-0.07 (-1.28%)
(As of 09/6/2024 ET)
Today's Range
$5.37
$5.53
50-Day Range
$5.11
$6.64
52-Week Range
$4.57
$8.70
Volume
196,667 shs
Average Volume
449,624 shs
Market Capitalization
$645.87 million
P/E Ratio
49.28
Dividend Yield
N/A
Price Target
$6.56

Open Lending MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
21.1% Upside
$6.56 Price Target
Short Interest
Bearish
3.76% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.90mentions of Open Lending in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
66.67%
From $0.18 to $0.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.14 out of 5 stars

Finance Sector

613th out of 871 stocks

Personal Credit Institutions Industry

11th out of 14 stocks

LPRO stock logo

About Open Lending Stock (NASDAQ:LPRO)

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. The company offers Lenders Protection Program (LPP), which is a cloud-based automotive lending platform that provides loan analytics solutions and automated issuance of credit default insurance with third-party insurance providers. Its LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.

LPRO Stock Price History

LPRO Stock News Headlines

Open Lending Co. (NASDAQ:LPRO) Short Interest Update
NASDAQ to crash 50%?
During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...
What Is Predatory Lending?
NASDAQ to crash 50%?
During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...
Here's what to expect from Open Lending A's earnings
Understanding Open and Closed Mortgages
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:LPRO
Fax
N/A
Employees
180
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.56
High Stock Price Target
$8.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+21.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$22.07 million
Pretax Margin
8.57%

Debt

Sales & Book Value

Annual Sales
$98.42 million
Cash Flow
$0.19 per share
Book Value
$1.82 per share

Miscellaneous

Free Float
101,290,000
Market Cap
$645.87 million
Optionable
Optionable
Beta
1.12
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Key Executives

  • Mr. Charles D. JehlMr. Charles D. Jehl (Age 56)
    Executive VP, COO,CFO & Interim CEO
    Comp: $776.38k
  • Mr. Thinh Nguyen (Age 45)
    Chief Information Officer
    Comp: $456.62k
  • Mr. Matthew S. Stark (Age 51)
    Chief Legal & Compliance Officer and Corporate Secretary
    Comp: $504.57k
  • Mr. Matthew R. Roe (Age 40)
    Chief Revenue Officer
    Comp: $644.31k
  • Mr. Richard F. Watkins
    Founder
  • Ms. Cecilia Camarillo (Age 55)
    Chief Accounting Officer
    Comp: $475.73k
  • Ms. Sarah Lackey (Age 41)
    Chief Technology Officer
  • Mr. Kevin Filan
    Senior Vice President of Marketing
  • Ms. Shawna Kelley Shelor (Age 51)
    Chief People Officer

LPRO Stock Analysis - Frequently Asked Questions

How have LPRO shares performed this year?

Open Lending's stock was trading at $8.51 at the beginning of 2024. Since then, LPRO shares have decreased by 36.3% and is now trading at $5.42.
View the best growth stocks for 2024 here
.

How were Open Lending's earnings last quarter?

Open Lending Co. (NASDAQ:LPRO) released its quarterly earnings results on Thursday, August, 8th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.03. The firm's revenue for the quarter was down 29.9% compared to the same quarter last year.

Who are Open Lending's major shareholders?

Top institutional investors of Open Lending include Dimensional Fund Advisors LP (1.46%), Kornitzer Capital Management Inc. KS (1.23%), Raymond James & Associates (0.61%) and Renaissance Technologies LLC (0.54%). Insiders that own company stock include John Joseph Flynn, Shubhi Suryaji Rao, Charles D Jehl, Ross M Jessup and Gene Yoon.
View institutional ownership trends
.

How do I buy shares of Open Lending?

Shares of LPRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Open Lending own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Open Lending investors own include Trevena (TRVN), Advanced Micro Devices (AMD), ChromaDex (CDXC), Ciena (CIEN) and Chimerix (CMRX).

This page (NASDAQ:LPRO) was last updated on 9/7/2024 by MarketBeat.com Staff

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