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 analysts have issued 1-year price targets 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 twelve months. This suggests a possible upside of 52.7% 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 at the start of the year. Since then, LPRO stock has decreased by 45.6% and is now trading at $4.63. 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 7th 2024. View our LPRO earnings forecast .

How can I listen to Open Lending's earnings call?

Open Lending will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Open Lending's earnings last quarter?

Open Lending Co. (NASDAQ:LPRO) posted its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates 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 net margin of 18.79% and a trailing twelve-month return on equity of 10.45%. Open Lending's revenue for the quarter was down 44.4% compared to the same quarter last year. During the same quarter last year, the company 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 Global X FinTech Thematic ETF (FINX) . iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) .

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 EPS 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 variety of retail and institutional investors. Top institutional investors include Wasatch Advisors LP (13.54%) and Los Angeles Capital Management LLC (0.02%). Insiders that own company stock include 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 .

NASDAQ:LPRO

Open Lending (LPRO) Stock Price, News & Analysis

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$4.63

-0.13 (-2.73%)

(As of 04/18/2024 ET)

Compare

Today's Range: $4.61
▼
$4.87
50-Day Range: $4.63
▼
$8.37
52-Week Range: $4.61
▼
$11.99

Volume: 426,339 shs
Average Volume: 458,417 shs
Market Capitalization: $550.41 million

P/E Ratio: 27.24
Dividend Yield: N/A
Price Target: $7.07

Get Open Lending alerts:

Open Lending MarketRank™ Stock Analysis

Analyst Rating: Hold
2.44 Rating Score
Upside/Downside: 52.7% Upside
$7.07 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.07
Based on 8 Articles This Week
Insider Trading: Selling Shares
$1.11 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.

4.22 out of 5 stars

Finance Sector

253rd out of 822 stocks

Personal Credit Institutions Industry

6th out of 13 stocks

4.2

Analyst's Opinion

Consensus Rating
Open Lending has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Open Lending has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for LPRO.

0.0

Dividend Strength

Dividend Yield
Open Lending does not currently pay a dividend.
Dividend Growth
Open Lending does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LPRO.

1.7

News and Social Media Coverage

News Sentiment
Open Lending has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Open Lending this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for LPRO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Open Lending to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Open Lending insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,110,000.00 in company stock.
Percentage Held by Insiders
18.30% of the stock of Open Lending is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
78.06% of the stock of Open Lending is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Open Lending are expected to grow by 42.86% in the coming year, from $0.28 to $0.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Open Lending is 27.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Open Lending is 27.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.84.
Price to Book Value per Share Ratio
Open Lending has a P/B Ratio of 2.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

LPRO Stock News Headlines

March 26, 2024 | insidertrades.com

Open Lending Co. (NASDAQ:LPRO) Director Sells $367,500.00 in Stock

April 18, 2024 | finance.yahoo.com

OneAZ’s Launch of Credit Flex Auto Program Backed by Open Lending

April 19, 2024 | InvestorPlace (Ad)

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April 18, 2024 | businesswire.com

OneAZ's Launch of Credit Flex Auto Program Backed by Open Lending

April 18, 2024 | americanbankingnews.com

Open Lending (NASDAQ:LPRO) Hits New 1-Year Low at $4.86

April 16, 2024 | wsj.com

Open Lending Corp. Cl A

April 16, 2024 | globenewswire.com

Open Lending to Announce First Quarter 2024 Results on May 7, 2024

April 15, 2024 | americanbankingnews.com

Open Lending Co. (NASDAQ:LPRO) Given Consensus Rating of "Hold" by Brokerages

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April 11, 2024 | businesswire.com

Near- and Non-Prime Consumers At Risk of Being Priced Out of the Vehicle Market, Open Lending Research Finds

March 29, 2024 | msn.com

Unlocking Business Potential: Navigating the Landscape of No Doc Loans and Private Lending

March 28, 2024 | uk.investing.com

Canaccord cuts Open Lending stock target to $7, maintains hold

March 26, 2024 | finanznachrichten.de

Open Lending Corporation: Open Lending Announces Leadership Change

March 26, 2024 | markets.businessinsider.com

Open Lending Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)

March 26, 2024 | markets.businessinsider.com

Stable Leadership and Strong Outlook Justify Buy Rating for Open Lending (LPRO)

March 25, 2024 | msn.com

Open Lending CEO resigns, CFO appointed to position on interim basis

March 25, 2024 | finance.yahoo.com

Thin-File Millennial and Gen Z Borrowers Lead in Credit Tier Advancement, Open Lending and TransUnion Research Finds

March 25, 2024 | globenewswire.com

Open Lending Announces Leadership Change

March 18, 2024 | bloomberg.com

Brinley Partners Says Private Credit, Syndicated Lending Will Co-Exist

March 16, 2024 | finance.yahoo.com

LPRO Apr 2024 10.000 call

March 6, 2024 | finance.yahoo.com

Open Lending Corporation (NASDAQ:LPRO) Q4 2023 Earnings Call Transcript

March 5, 2024 | finance.yahoo.com

Open Lending Reveals Winners of the Inaugural Economic Vehicle Accessibility Awards

March 1, 2024 | finance.yahoo.com

Open Lending Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

February 29, 2024 | news.yahoo.com

Fewer banks are tightening lending standards, raising hopes for easier loan access ahead

February 29, 2024 | markets.businessinsider.com

Beyond The Numbers: 4 Analysts Discuss Open Lending Stock

February 28, 2024 | msn.com

UWM, LendingTree among financial movers

February 28, 2024 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: Lendingtree (TREE) and Open Lending (LPRO)

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Personal credit institutions
Sub-Industry: N/A
Current Symbol: NASDAQ:LPRO
CUSIP: N/A
CIK: 1806201
Web: www.openlending.com
Phone: (512) 892-0400
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: +52.7%
Consensus Rating: Hold
Rating Score (0-4): 2.44
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.17
Trailing P/E Ratio: 27.24
Forward P/E Ratio: 16.54
P/E Growth: N/A
Net Income: $22.07 million
Net Margins: 18.79%
Pretax Margin: 24.57%
Return on Equity: 10.45%
Return on Assets: 5.82%

Debt

Debt-to-Equity Ratio: 0.68
Current Ratio: 14.08
Quick Ratio: 14.08

Sales & Book Value

Annual Sales: $117.46 million
Price / Sales: 4.69
Cash Flow: $0.19 per share
Price / Cash Flow: 24.11
Book Value: $1.73 per share
Price / Book: 2.68

Miscellaneous

Outstanding Shares: 118,880,000
Free Float: 97,123,000
Market Cap: $550.41 million
Optionable: Optionable
Beta: 0.99

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Key Executives

Mr. Keith A. Jezek (Age 60)
CEO & Director
Comp: $537.98k
Mr. 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 analysts have issued 1-year price targets 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 twelve months. This suggests a possible upside of 52.7% 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 at the start of the year. Since then, LPRO stock has decreased by 45.6% and is now trading at $4.63.
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 7th 2024.
View our LPRO earnings forecast.
How can I listen to Open Lending's earnings call?: Open Lending will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Open Lending's earnings last quarter?: Open Lending Co. (NASDAQ:LPRO) posted its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates 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 net margin of 18.79% and a trailing twelve-month return on equity of 10.45%. Open Lending's revenue for the quarter was down 44.4% compared to the same quarter last year. During the same quarter last year, the company 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 Global X FinTech Thematic ETF (FINX).iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI).
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 EPS 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 variety of retail and institutional investors. Top institutional investors include Wasatch Advisors LP (13.54%) and Los Angeles Capital Management LLC (0.02%). Insiders that own company stock include 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 4/19/2024 by MarketBeat.com Staff

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Open Lending (LPRO) Stock Price, News & Analysis

Open Lending MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Open Lending Stock (NASDAQ:LPRO)

LPRO Stock Price History

LPRO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

LPRO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™