Open Lending Corporation (LPRO)

Market Cap	1.23B
Revenue (ttm)	167.89M
Net Income (ttm)	56.00M
Shares Out	120.65M
EPS (ttm)	0.44
PE Ratio	23.16
Forward PE	12.74
Dividend	n/a
Ex-Dividend Date	n/a

Volume	680,653
Open	10.21
Previous Close	9.99
Day's Range	9.54 - 10.29
52-Week Range	5.35 - 13.97
Beta	0.77
Analysts	Buy
Price Target	10.43 (+2.36%)
Earnings Date	May 9, 2023

About LPRO

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics,...

• Industry: Credit Services
• Sector: Financials
• Founded: 2000
• Employees: 180
• Stock Exchange: NASDAQ
• Ticker Symbol: LPRO

Financial Performance

In 2022, Open Lending's revenue was $179.59 million, a decrease of -16.72% compared to the previous year's $215.66 million. Earnings were $66.62 million, a decrease of -54.40%.

Analyst Forecast

According to 8 analysts, the average rating for LPRO stock is "Buy." The 12-month stock price forecast is $10.43, which is an increase of 2.36% from the latest price.

Price Target

$10.43

(2.36% upside)

Analyst Consensus: Buy