LendingClub Corporation (LC)
| Market Cap | 1.06B |
| Revenue (ttm) | 1.19B |
| Net Income (ttm) | 295.20M |
| Shares Out | 105.09M |
| EPS (ttm) | 2.82 |
| PE Ratio | 3.58 |
| Forward PE | 5.42 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,314,345 |
| Open | 10.12 |
| Previous Close | 10.45 |
| Day's Range | 9.99 - 10.52 |
| 52-Week Range | 8.24 - 19.27 |
| Beta | 1.99 |
| Analysts | Buy |
| Price Target | 15.88 (+57.38%) |
| Earnings Date | Jan 25, 2023 |
About 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 Corporati... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for LC stock is "Buy." The 12-month stock price forecast is $15.88, which is an increase of 57.38% from the latest price.
News
LendingClub Named a Winner of the 2023 Top Workplaces USA Award and is Included in the 2023 Bloomberg Gender-Equality Index
SAN FRANCISCO , Feb. 2, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, has earned the 2023 Top Workplaces ...
9.3 Million More U.S. Consumers Ended 2022 Living Paycheck to Paycheck Than in 2021
4 in 10 Consumers Expect Their Incomes to Keep Pace with Inflation in 2023 Consumers Likely To Shy Away from Large Purchases Such as Electronics, Appliances and Leisure Travel in 2023 SAN FRANCISCO , ...
LendingClub stock is on track for its biggest percentage drop in a year, as 2023 outlook gets cloudier
Shares of LendingClub Corp. were on pace for their biggest percentage drop in nearly a year on Thursday, as investors and analysts grew more concerned about the cautious outlook the online lending pla...
Marketplace Revenues Sink 28% as LendingClub Eyes Lower Loan Originations
LendingClub's results showed that higher interest rates are cutting into investors' demand to buy loans. The company said in its earnings materials on Wednesday (Jan. 25) that marketplace revenue is d...
LendingClub (LC) Q4 Earnings Miss Estimates
LendingClub (LC) delivered earnings and revenue surprises of -5% and 2.72%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
LendingClub Reports Fourth Quarter and Full Year 2022 Results
Delivers Record Full Year Revenue and Earnings Growth Despite Challenging Environment SAN FRANCISCO , Jan. 25, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClu...
Looking for a Fast-paced Momentum Stock at a Bargain? Consider LendingClub (LC)
LendingClub (LC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trad...
Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Finance Names
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Is LendingClub (LC) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...
LendingClub Bank Wins Multiple Awards in GOBankingRates' "Best Online Banks of 2023" Lists
Listed as a Best Online Bank, a Best Neobank, a Best Online and Neobank Savings Account, and a Best Checking Account SAN FRANCISCO , Jan. 18, 2023 /PRNewswire/ -- LendingClub Bank, America's leading d...
Can LendingClub (LC) Climb 60.4% to Reach the Level Wall Street Analysts Expect?
The consensus price target hints at a 60.4% upside potential for LendingClub (LC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimat...
LendingClub (LC) Expected to Beat Earnings Estimates: Should You Buy?
LendingClub (LC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will LendingClub (LC) Beat Estimates Again in Its Next Earnings Report?
LendingClub (LC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
LendingClub Cutting 225 Jobs as ‘Historic' Rate Hikes Throttle Demand
LendingClub is cutting 225 jobs as demand for loans falls due to rising interest rates. The cuts — which amount to 14% of the digital marketplace bank's workforce — come as a result of the “historic p...
LendingClub slashing headcount by 225
LendingClub Corporation is slashing its headcount by 14%, the financial services firm announced on Thursday. That will equate to 225 workers losing their jobs.
LendingClub to lay off 14% of staff, as higher interest rates weigh
Online lending platform LendingClub Corp. on Thursday said it would lay off 225 employees, or 14% of its staff, as higher interest rates discourage borrowing and cut into revenue.
LendingClub Announces Plan to Streamline Operations
Expects Annualized Run-Rate Savings of $25-30 Million in Compensation and Benefits Provides Preliminary Financial Results for the Fourth Quarter and Full Year 2022 Schedules Fourth Quarter and Full Ye...
Time to Buy These 2 Financial Lending Stocks?
There could be huge upside potential for LendingTree and LendingClub and it may be time to look at these stocks while they are near multi-year lows.
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Down -11.51% in 4 Weeks, Here's Why You Should You Buy the Dip in LendingClub (LC)
LendingClub (LC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising...
LendingClub Named Best Personal Loan for Fair Credit By NerdWallet's 2023 Best-Of Awards
NerdWallet's Annual Awards That Help Consumers Make Smart Financial Decisions Recognizes LendingClub as One of The Top Personal Loans Products SAN FRANCISCO , Jan. 4, 2023 /PRNewswire/ -- LendingClub ...
One-Third of Consumers Report They Are Not Currently Saving Any Money
Half of Consumers Say Inflation Has Diminished Their Capacity to Reach Their Long-Term Financial Goals SAN FRANCISCO , Dec. 15, 2022 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent com...
LendingClub's Award-Winning Bank Products Offer Members More Ways to Save and Grow Their Money
Members Earn 15x1 the National Average on its High-Yield Savings Account at a current APY2 of 3.25% Reward Checking Members Could Save Over $180 Annually SAN FRANCISCO , Dec. 5, 2022 /PRNewswire/ -- L...
LendingClub Acquires $1 Billion Personal Loan Portfolio
Seasoned, Quality Portfolio to Support Growth in Recurring Revenue SAN FRANCISCO , Dec. 2, 2022 /PRNewswire/ -- LendingClub Corporation (NYSE: LC) announced an agreement to acquire a $1.05 billion loa...