Open Lending Corporation (LPRO)

NASDAQ: LPRO · IEX Real-Time Price · USD
6.40
+0.08 (1.35%)
At close: May 22, 2024, 4:00 PM
6.53
+0.14 (2.11%)
After-hours: May 22, 2024, 5:35 PM EDT
1.35%
Market Cap 762.06M
Revenue (ttm) 109.84M
Net Income (ttm) 14.62M
Shares Out 119.17M
EPS (ttm) 0.11
PE Ratio 58.14
Forward PE 22.62
Dividend n/a
Ex-Dividend Date n/a
Volume 519,744
Open 6.28
Previous Close 6.31
Day's Range 5.65 - 6.46
52-Week Range 4.57 - 11.73
Beta 1.03
Analysts Buy
Price Target 7.00 (+9.46%)
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]

Industry Credit Services
Sector Financials
Founded 2000
Employees 210
Stock Exchange NASDAQ
Ticker Symbol LPRO
Full Company Profile

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 Statements

Analyst Forecast

According to 7 analysts, the average rating for LPRO stock is "Buy." The 12-month stock price forecast is $7.0, which is an increase of 9.46% from the latest price.

Price Target
$7.0
(9.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

9 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

5 weeks ago - GlobeNewsWire

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...

5 weeks ago - Business Wire

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

2 months ago - GlobeNewsWire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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 ...

3 months ago - GlobeNewsWire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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 ...

5 months ago - GlobeNewsWire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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 ...

7 months ago - GlobeNewsWire

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire