Open Lending Corporation (LPRO)
| Market Cap | 589.63M |
| Revenue (ttm) | 117.46M |
| Net Income (ttm) | 22.07M |
| Shares Out | 118.88M |
| EPS (ttm) | 0.18 |
| PE Ratio | 27.56 |
| Forward PE | 18.70 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 360,786 |
| Open | 4.900 |
| Previous Close | 4.870 |
| Day's Range | 4.870 - 5.060 |
| 52-Week Range | 4.570 - 11.990 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 7.33 (+47.78%) |
| Earnings Date | May 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 $7.33, which is an increase of 47.78% from the latest price.
News
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 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...
Open Lending Partners with Akur8 to Enhance Predictive Lending Model
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 Fourth Quarter and Full Year 2023 Results on February 27, 2024
AUSTIN, Texas, Feb. 16, 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 Automatic to Expand Indirect Lending Opportunities
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 CreditSnap to Help Lenders Deliver Informed Decisions, Navigate Refinance Needs
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 Research Uncovers Near- and Non-Prime Consumers' Automotive Financing Hopes and Doubts
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 Publishes Inaugural ESG Report
Lending enablement provider shares data and insights on the fulfillment of its mission to change lives by making transportation more affordable Lending enablement provider shares data and insights on ...
Near- and Non-Prime Consumers Face Shrinking Access to Automotive Financing in 2023, 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 Named Winner of 2023 NAFCU Innovation Award
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 Joins CUNA as Associate Business Member to Champion the Credit Union Movement and Near-Prime Consumers
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 Reports Third Quarter 2023 Financial Results
AUSTIN, Texas, Nov. 07, 2023 (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 Named Finalist for 2023 NAFCU Innovation Award
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 Expands Auto Lending Inclusivity with Improved Loan Decisioning Accuracy as Vehicle Costs Soar
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 Third Quarter 2023 Results on November 7, 2023
AUSTIN, Texas, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or “the Company”), an industry trailblazer in automotive lending enablement and risk analytics ...
Open Lending Named Finalist for 2023 CU Times LUMINARIES 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 Launches Awards Program to Honor Vehicle Accessibility Pioneers
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 Chief Technology Officer Sarah Lackey Joins Forbes Technology Council
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...
Top 5 Financial Stocks You'll Regret Missing This Quarter - Hippo Holdings (NYSE:HIPO), James River Gr Hldgs (NASDAQ:JRVR)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.