LendingClub (LC) Stock Price, News & Analysis

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LendingClub in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LC shares.
View LC analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 12 month price targets for LendingClub's stock. Their LC share price targets range from $8.00 to $13.50. On average, they anticipate the company's stock price to reach $11.30 in the next twelve months. This suggests a possible upside of 48.4% from the stock's current price.
View analysts price targets for LC or view top-rated stocks among Wall Street analysts.

LendingClub's stock was trading at $8.74 at the beginning of the year. Since then, LC shares have decreased by 12.9% and is now trading at $7.6150.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our LC earnings forecast.

LendingClub will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "972670".

LendingClub Co. (NYSE:LC) released its quarterly earnings data on Tuesday, January, 30th. The credit services provider reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.07. The credit services provider had revenue of $185.60 million for the quarter, compared to analysts' expectations of $182.13 million. LendingClub had a net margin of 4.50% and a trailing twelve-month return on equity of 3.21%. The firm's revenue for the quarter was down 29.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.19 earnings per share.

ETFs with the largest weight of LendingClub (NYSE:LC) stock in their portfolio include SPDR S&P Kensho New Economies Composite ETF (KOMP).iShares US Small Cap Value Factor ETF (SVAL).

LendingClub's stock reverse split before market open on Monday, July 8th 2019. The 1-5 reverse split was announced on Friday, June 28th 2019. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 5th 2019. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

269 employees have rated LendingClub Chief Executive Officer Scott Sanborn on Glassdoor.com. Scott Sanborn has an approval rating of 64% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other LendingClub investors own include Bank of America (BAC), NVIDIA (NVDA), Twitter (TWTR), Alibaba Group (BABA), General Electric (GE), Micron Technology (MU), Novavax (NVAX), AT&T (T), Tesla (TSLA) and Advanced Micro Devices (AMD).

LendingClub (LC) raised $635 million in an initial public offering (IPO) on Thursday, December 11th 2014. The company issued 57,700,000 shares at $10.00-$12.00 per share. Morgan Stanley, Goldman Sachs, Credit Suisse and Citigroup acted as the underwriters for the IPO and Allen & Company, Stifel, BMO Capital Markets, William Blair and Wells Fargo Securities were co-managers.

LendingClub's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Grassi Investment Management (0.11%) and International Assets Investment Management LLC (0.02%). Insiders that own company stock include Allan R Landon, Andrew Labenne, Annie Armstrong, Bahman Koohestani, Fergal Stack, John C Morris, Michael P Zeisser, Michael P Zeisser, Ronnie Momen, Stephen M Cutler, Susan C Athey, Thomas W Casey and Valerie Kay.
View institutional ownership trends.

Shares of LC 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.