Open Lending Corp. (LPRO)

NASDAQ: LPRO · IEX Real-Time Price · USD
11.21
+0.25 (2.28%)
Jun 24, 2022 4:00 PM EDT - Market closed
2.28%
Market Cap 1.41B
Revenue (ttm) 221.72M
Net Income (ttm) 156.37M
Shares Out 126.22M
EPS (ttm) 1.24
PE Ratio 9.05
Forward PE 11.70
Dividend n/a
Ex-Dividend Date n/a
Volume 1,128,032
Open 11.10
Previous Close 10.96
Day's Range 10.95 - 11.28
52-Week Range 9.86 - 44.00
Beta 0.57
Analysts Buy
Price Target 29.68 (+164.8%)
Earnings Date Aug 9, 2022

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,... [Read more...]

Industry Capital Markets
Founded 2000
Employees 132
Stock Exchange NASDAQ
Ticker Symbol LPRO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for LPRO stock is "Buy." The 12-month stock price forecast is 29.68, which is an increase of 164.76% from the latest price.

Price Target
$29.68
(164.76% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Open Lending (LPRO) Surpasses Q1 Earnings and Revenue Estimates

Open Lending (LPRO) delivered earnings and revenue surprises of 5.88% and 7.70%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Open Lending Signs Agreement with Arch Specialty Insurance Company

Arch Insurance will be the Company's Fourth Insurance Carrier Partner Arch Insurance will be the Company's Fourth Insurance Carrier Partner

Open Lending (LPRO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Open Lending (LPRO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Open Lending to Announce First Quarter 2022 Results on May 5, 2022

AUSTIN, Texas, April 25, 2022 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institution...

Why Shares of Open Lending Corp Are Surging Today

The company reported earnings results for the fourth quarter and full year of 2021.

Open Lending (LPRO) Q4 Earnings and Revenues Beat Estimates

Open Lending (LPRO) delivered earnings and revenue surprises of 53.33% and 22.25%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Open Lending (LPRO) Reports Next Week: Wall Street Expects Earnings Growth

Open Lending (LPRO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Open Lending Announces Extension of Agreement with AmTrust

Agreement Extended Through 2028 Agreement Extended Through 2028

Open Lending to Announce Fourth Quarter and Full Year 2021 Results on February 24, 2022

AUSTIN, Texas, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions...

Open Lending signs 71 Financial Institutions to the Lenders Protection Program in 2021

Provides financial institutions with a safe way to increase near-prime and non-prime auto loan volumes Provides financial institutions with a safe way to increase near-prime and non-prime auto loan volumes

Jim Cramer, a SPAC critic, says these 3 post-merger stocks are actually worth buying

The "Mad Money" host said he sees more potential in Matterport, Open Lending and Blue Owl Capital than many other post-SPAC merger stocks.

Other symbols: MTTROWL

10 Bargain Stocks to Buy After Falling 30% in 2021

If you're looking for bargain stocks to buy that are down 30% or more in 2021, that's not an easy task. Here are 10 that fit the bill.

New Strong Sell Stocks for December 8th

COHR, LPRO, FSTR, SANM, and VIOT have been added to the Zacks Rank #5 (Strong Sell) List on December 8, 2021.

Other symbols: COHRFSTRSANMVIOT

Open Lending to Present at Upcoming Conferences

AUSTIN, Texas, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or “the Company”), a leading provider of lending enablement and risk analytics solutions to finan...

Open Lending (LPRO) Reports Q3 Loss, Tops Revenue Estimates

Open Lending (LPRO) delivered earnings and revenue surprises of -215.00% and 7.31%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Will Open Lending (LPRO) Beat Estimates Again in Its Next Earnings Report?

Open Lending (LPRO) 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.

Why Open Lending (LPRO) Might Surprise This Earnings Season

Open Lending (LPRO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Open Lending to Announce Third Quarter 2021 Results on November 9, 2021

AUSTIN, Texas, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions...

Can Open Lending Capitalize on AI the Same Way Upstart Did?

While recent results have been impressive, they come with an important caveat.

Why Shares of Open Lending Are Up Today

The company recently reported its earnings results from the second quarter of the year.

Open Lending (LPRO) Surpasses Q2 Earnings and Revenue Estimates

Open Lending (LPRO) delivered earnings and revenue surprises of 47.06% and 23.57%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Open Lending to Present at Canaccord Genuity's 41st Annual Growth Stock Conference

AUSTIN, Texas, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or “the Company”), a leading provider of lending enablement and risk analytics solutions to finan...

Nebula Caravel Acquisition Corp. Completes Business Combination with Rover

SAN FRANCISCO, July 30, 2021 /PRNewswire/ -- A Place for Rover, Inc. ("Rover"), the world's largest network of five-star pet sitters and dog walkers, and Nebula Caravel Acquisition Corp. (NASDAQ: NEBC) ...

Open Lending to Announce Second Quarter 2021 Results on August 10, 2021

AUSTIN, Texas, July 20, 2021 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions...

Nebula Caravel Acquisition Corp. Announces Effectiveness of Registration Statement and Special Meeting Date of July 2...

SAN FRANCISCO, July 12, 2021 /PRNewswire/ -- Nebula Caravel Acquisition Corp (Nasdaq: NEBC) ("Caravel"), a special purpose acquisition company sponsored by True Wind Capital, L.P. ("True Wind Capital"),...