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NASDAQ:LPRO

Open Lending (LPRO) Stock Price, News & Analysis

$6.24
+0.05 (+0.81%)
(As of 10:33 AM ET)
Today's Range
$6.08
$6.34
50-Day Range
$6.09
$8.37
52-Week Range
$4.89
$11.99
Volume
76,212 shs
Average Volume
456,525 shs
Market Capitalization
$741.81 million
P/E Ratio
36.71
Dividend Yield
N/A
Price Target
$7.07

Open Lending MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
14.2% Upside
$7.07 Price Target
Short Interest
Bearish
3.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.36mentions of Open Lending in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$1.50 M Sold Last Quarter
Proj. Earnings Growth
42.86%
From $0.28 to $0.40 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.83 out of 5 stars

Finance Sector

328th out of 860 stocks

Personal Credit Institutions Industry

8th out of 14 stocks

LPRO stock logo

About Open Lending Stock (NASDAQ: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 for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.

LPRO Stock Price History

LPRO Stock News Headlines

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Open Lending Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
$25,000 into $109,616 in two months?
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Open Lending Announces Leadership Change
LPRO Apr 2024 10.000 call
Beyond The Numbers: 4 Analysts Discuss Open Lending Stock
UWM, LendingTree among financial movers
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
3/28/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:LPRO
Fax
N/A
Employees
210
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.07
High Stock Price Target
$8.00
Low Stock Price Target
$5.50
Potential Upside/Downside
+14.2%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$22.07 million
Pretax Margin
24.57%

Debt

Sales & Book Value

Annual Sales
$117.46 million
Cash Flow
$0.20 per share
Book Value
$1.73 per share

Miscellaneous

Free Float
98,549,000
Market Cap
$735.87 million
Optionable
Optionable
Beta
1.01
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Key Executives

  • Mr. Keith A. Jezek (Age 60)
    CEO & Director
    Comp: $537.98k
  • Mr. Charles D. JehlMr. Charles D. Jehl (Age 56)
    Executive VP, CFO & Treasurer
    Comp: $463.81k
  • Ms. Cecilia Camarillo (Age 55)
    Chief Accounting Officer
    Comp: $475.73k
  • Mr. Matthew S. Stark (Age 50)
    Chief Legal & Compliance Officer and Corporate Secretary
    Comp: $496.85k
  • Mr. Matthew R. Roe (Age 40)
    Chief Revenue Officer
    Comp: $723.06k
  • Mr. Richard F. Watkins
    Founder
  • Ms. Sarah Lackey (Age 41)
    Chief Technology Officer
  • Mr. Thinh Nguyen (Age 45)
    Chief Information Officer
  • Mr. Kevin Filan
    Senior Vice President of Marketing
  • Ms. Shawna Kelley Shelor
    Chief People Officer

LPRO Stock Analysis - Frequently Asked Questions

Should I buy or sell Open Lending stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Open Lending in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LPRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LPRO, but not buy additional shares or sell existing shares.
View LPRO analyst ratings
or view top-rated stocks.

What is Open Lending's stock price target for 2024?

9 equities research analysts have issued 12-month target prices for Open Lending's stock. Their LPRO share price targets range from $5.50 to $8.00. On average, they expect the company's share price to reach $7.07 in the next year. This suggests a possible upside of 14.2% from the stock's current price.
View analysts price targets for LPRO
or view top-rated stocks among Wall Street analysts.

How have LPRO shares performed in 2024?

Open Lending's stock was trading at $8.51 on January 1st, 2024. Since then, LPRO stock has decreased by 27.3% and is now trading at $6.19.
View the best growth stocks for 2024 here
.

When is Open Lending's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our LPRO earnings forecast
.

How were Open Lending's earnings last quarter?

Open Lending Co. (NASDAQ:LPRO) posted its earnings results on Tuesday, February, 27th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.09. The company had revenue of $14.90 million for the quarter, compared to analysts' expectations of $27.55 million. Open Lending had a trailing twelve-month return on equity of 10.45% and a net margin of 18.79%. The firm's quarterly revenue was down 44.4% on a year-over-year basis. During the same period last year, the business earned ($0.03) EPS.

What ETFs hold Open Lending's stock?

ETFs with the largest weight of Open Lending (NASDAQ:LPRO) stock in their portfolio include Invesco Dorsey Wright Financial Momentum ETF (PFI).Global X FinTech Thematic ETF (FINX).

What guidance has Open Lending issued on next quarter's earnings?

Open Lending issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $26.0 million-$30.0 million, compared to the consensus revenue estimate of $29.2 million.

What other stocks do shareholders of Open Lending own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Open Lending investors own include Trevena (TRVN), Advanced Micro Devices (AMD), ChromaDex (CDXC), Ciena (CIEN), Chimerix (CMRX), CTI BioPharma (CTIC) and DRDGOLD (DRD).

Who are Open Lending's major shareholders?

Open Lending's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (12.98%), Price T Rowe Associates Inc. MD (8.94%), Price T Rowe Associates Inc. MD (8.94%), Vanguard Group Inc. (7.91%), Vanguard Group Inc. (7.97%) and Working Capital Advisors UK Ltd. (5.92%). Insiders that own company stock include Blair J Greenberg, Charles D Jehl, Gene Yoon, John Joseph Flynn, Ross M Jessup, Sagemount I LP Bregal and Shubhi Suryaji Rao.
View institutional ownership trends
.

How do I buy shares of Open Lending?

Shares of LPRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LPRO) was last updated on 3/28/2024 by MarketBeat.com Staff

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