Open Lending Corporation (LPRO)
| Market Cap | 700.58M |
| Revenue (ttm) | 95.89M |
| Net Income (ttm) | 4.58M |
| Shares Out | 119.35M |
| EPS (ttm) | 0.04 |
| PE Ratio | 153.65 |
| Forward PE | 35.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 581,551 |
| Open | 5.77 |
| Previous Close | 5.89 |
| Day's Range | 5.77 - 6.04 |
| 52-Week Range | 4.57 - 8.70 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 6.80 (+15.84%) |
| Earnings Date | Nov 7, 2024 |
About 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 fo... [Read more]
Financial Performance
In 2023, Open Lending's revenue was $117.46 million, a decrease of -34.60% compared to the previous year's $179.59 million. Earnings were $22.07 million, a decrease of -66.87%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for LPRO stock is "Buy." The 12-month stock price forecast is $6.8, which is an increase of 15.84% from the latest price.
News
Open Lending Secures Third OEM Captive Finance Company Partnership
Agreement demonstrates continued importance of near- and non-prime consumers to captive lenders and Company's industry leadership Agreement demonstrates continued importance of near- and non-prime con...
Open Lending Achieves Milestone of One Million Certified Loans
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
Open Lending Corporation (LPRO) Q3 2024 Earnings Call Transcript
Open Lending Corporation (NASDAQ:LPRO) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Marissa Vidaurri - VP, IR & Corporate Communications Chuck Jehl - CFO & Interi...
Open Lending to Announce Third Quarter 2024 Results on November 7, 2024
AUSTIN, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics ...
Open Lending Partners with Point Predictive to Enhance Income Verification Process
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
Open Lending Appoints Charles “Chuck” Jehl Next Chief Executive Officer
Jehl's proven financial, operational and leadership expertise position Company for future growth Jehl's proven financial, operational and leadership expertise position Company for future growth
Near- and Non-Prime Consumers Continue to Face Barriers in the New and Used Vehicle Markets, Open Lending Research Finds
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
Open Lending to Attend the Canaccord Genuity 44th Annual Growth Conference
AUSTIN, Texas, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (Nasdaq: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics ...
Open Lending Corporation (LPRO) Q2 2024 Earnings Call Transcript
Open Lending Corporation (NASDAQ:LPRO) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Chuck Jehl - CFO and Interim CEO Cecilia Camarillo - Chief Accounting Officer Co...
Open Lending Reports Second Quarter 2024 Financial Results
AUSTIN, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (Nasdaq: LPRO) (the “Company” or “Open Lending”), an industry trailblazer in lending enablement and risk analytics solutions f...
Open Lending to Announce Second Quarter 2024 Results on August 8, 2024
AUSTIN, Texas, July 22, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or “the Company”), an industry trailblazer in automotive lending enablement and risk analytics ...
Open Lending Announces Dan Berger, Former President and CEO of NAFCU, as a Strategic Advisor
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
Automotive Lenders Are Overlooking the Value of Alternative Data and Instant Decisioning, Open Lending Research Finds
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
Open Lending Partners with Core Specialty Insurance Holdings
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
Open Lending Corporation (LPRO) Q1 2024 Earnings Call Transcript
Open Lending Corporation (NASDAQ:LPRO) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Chuck Jehl - Chief Financial Officer and Interim Chief Executive Officer Cecilia Ca...
OneAZ's Launch of Credit Flex Auto Program Backed by Open Lending
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
Open Lending to Announce First Quarter 2024 Results on May 7, 2024
AUSTIN, Texas, April 16, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or “the Company”), an industry trailblazer in automotive lending enablement and risk analytics...
Near- and Non-Prime Consumers At Risk of Being Priced Out of the Vehicle Market, Open Lending Research Finds
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
Open Lending Announces Leadership Change
Keith Jezek Resigns as CEO and Board Member; Chief Financial Officer Charles “Chuck” Jehl Appointed as Chief Operating Officer and Interim Chief Executive Officer
Open Lending Reveals Winners of the Inaugural Economic Vehicle Accessibility Awards
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
Open Lending Releases 2024 Vehicle Accessibility Report to Provide Insights on the Near- and Non-Prime Credit Segment
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...
Open Lending Corporation (LPRO) Q4 2023 Earnings Call Transcript
Open Lending Corporation (LPRO) Q4 2023 Earnings Call Transcript
Open Lending Reports Fourth Quarter and Full Year 2023 Financial Results
AUSTIN, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (Nasdaq: LPRO) (the “Company” or “Open Lending”), an industry trailblazer in lending enablement and risk analytics solutions f...
Lending Enablement Solutions Create a Path to Auto Ownership for ITIN Holders, Open Lending Analysis Shows
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for fin...