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NYSE:LC

LendingClub (LC) Stock Price, News & Analysis

$10.95
-0.39 (-3.44%)
(As of 09/6/2024 ET)
Today's Range
$10.90
$11.40
50-Day Range
$8.34
$12.52
52-Week Range
$4.73
$12.87
Volume
931,441 shs
Average Volume
1.41 million shs
Market Capitalization
$1.22 billion
P/E Ratio
32.21
Dividend Yield
N/A
Price Target
$13.07

LendingClub MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
19.4% Upside
$13.07 Price Target
Short Interest
Healthy
2.58% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.07
Upright™ Environmental Score
News Sentiment
0.59mentions of LendingClub in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$397,465 Sold Last Quarter
Proj. Earnings Growth
86.84%
From $0.38 to $0.71 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.

4.94 out of 5 stars

Finance Sector

15th out of 871 stocks

Personal Credit Institutions Industry

2nd out of 14 stocks

LC stock logo

About LendingClub Stock (NYSE:LC)

LendingClub Corporation, operates as a bank holding company, that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans. In addition, it operates an online lending marketplace platform. The company was incorporated in 2006 and is headquartered in San Francisco, California.

LC Stock Price History

LC Stock News Headlines

LendingClub Co. (NYSE:LC) CEO Sells $193,120.00 in Stock
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Loan Application Bank Finance Money Businessman Concept
AI-Powered Lending Stock Surges on Rate Cut Hopes (LC)
Upstart Holdings Inc. (NASDAQ: UPST) is a fintech that provides an artificial intelligence (AI) powered digital lending platform.
LendingClub Bank Launches LevelUp Savings
Expert Ratings For LendingClub
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
LendingClub: Levered Play On Soft Landing
LC Aug 2024 8.000 put
7 Stocks Set to Explode in August 2024
LendingClub Personal Loan Review 2024: Pros & Cons
See More Headlines
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Company Calendar

Last Earnings
7/30/2024
Today
9/07/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
N/A
Fax
N/A
Employees
1,025
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$13.07
High Stock Price Target
$15.00
Low Stock Price Target
$11.50
Potential Upside/Downside
+19.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$38.94 million
Pretax Margin
7.68%

Debt

Sales & Book Value

Annual Sales
$754.38 million
Cash Flow
$0.71 per share
Book Value
$11.52 per share

Miscellaneous

Free Float
107,442,000
Market Cap
$1.22 billion
Optionable
Optionable
Beta
2.06

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Key Executives


LC Stock Analysis - Frequently Asked Questions

How have LC shares performed this year?

LendingClub's stock was trading at $8.74 at the start of the year. Since then, LC stock has increased by 25.3% and is now trading at $10.95.
View the best growth stocks for 2024 here
.

How were LendingClub's earnings last quarter?

LendingClub Co. (NYSE:LC) announced its earnings results on Tuesday, July, 30th. The credit services provider reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.09. The company's revenue was down 19.5% on a year-over-year basis.

When did LendingClub's stock split?

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 market closes 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 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.

Does LendingClub have any subsidiaries?

LendingClub subsidiaries include Radius Bank, and Springstone.

When did LendingClub IPO?

LendingClub (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 served as the underwriters for the IPO and Allen & Company, Stifel, BMO Capital Markets, William Blair and Wells Fargo Securities were co-managers.

Who are LendingClub's major shareholders?

LendingClub's top institutional shareholders include Dimensional Fund Advisors LP (5.31%), American Century Companies Inc. (1.49%), Millennium Management LLC (0.73%) and TCW Group Inc. (0.71%). Insiders that own company stock include Scott Sanborn, John C Morris, Ronnie Momen, Fergal Stack, Valerie Kay, Annie Armstrong, Erin Selleck, Allan R Landon, Andrew Labenne, Stephen M Cutler, Michael P Zeisser, Thomas W Casey and Susan C Athey.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of LendingClub own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LendingClub investors own include Bank of America (BAC), NVIDIA (NVDA), Twitter (TWTR), Alibaba Group (BABA), General Electric (GE), Micron Technology (MU) and Novavax (NVAX).

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

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