NASDAQ:LPRO Open Lending (LPRO) Stock Price, News & Analysis → 'The Biggest Drug Ever' Is Coming (From Behind the Markets) (Ad) Free LPRO Stock Alerts $6.59 -0.36 (-5.18%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$6.50▼$6.8650-Day Range$4.63▼$6.9552-Week Range$4.57▼$11.73Volume385,413 shsAverage Volume446,209 shsMarket Capitalization$785.33 millionP/E Ratio59.91Dividend YieldN/APrice Target$6.79 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Open Lending alerts: Email Address Open Lending MarketRank™ Stock AnalysisAnalyst RatingHold2.38 Rating ScoreUpside/Downside3.0% Upside$6.79 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.65Based on 9 Articles This WeekInsider TradingSelling Shares$367,500 Sold Last QuarterProj. Earnings Growth63.64%From $0.22 to $0.36 Per ShareSee Full Details Hide Full Details 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.2.12 out of 5 starsFinance Sector608th out of 816 stocksPersonal Credit Institutions Industry11th out of 14 stocks 2.2 Analyst's Opinion Consensus RatingOpen Lending has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageOpen Lending has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Open Lending's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for LPRO. Previous Next 0.0 Dividend Strength Dividend YieldOpen Lending does not currently pay a dividend.Dividend GrowthOpen Lending does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LPRO. Previous Next 2.0 News and Social Media Coverage News SentimentOpen Lending has a news sentiment score of 0.65. 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 1.05 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Open Lending this week, compared to 3 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn 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 $367,500.00 in company stock.Percentage Held by Insiders15.00% 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 Institutions78.06% of the stock of Open Lending is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Open Lending's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Open Lending are expected to grow by 63.64% in the coming year, from $0.22 to $0.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Open Lending is 59.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Open Lending is 59.91, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 40.27.Price to Book Value per Share RatioOpen Lending has a P/B Ratio of 3.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Open Lending's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable ProsperityRSVP: Charles Payne’s Cash Flow WorkshopDid you know you could "cash flow" the stocks in your portfolio? Without selling a single share of stock? It's true.Click here to register for free. 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.Read More LPRO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LPRO Stock News HeadlinesJune 9 at 4:36 AM | americanbankingnews.comOpen Lending (NASDAQ:LPRO) Shares Down 5% June 8 at 6:14 AM | americanbankingnews.comOpen Lending (NASDAQ:LPRO) Now Covered by Analysts at BTIG ResearchJune 7 at 2:52 AM | americanbankingnews.comOpen Lending Co. (NASDAQ:LPRO) Receives $6.79 Average Target Price from BrokeragesJune 7 at 2:06 AM | americanbankingnews.comReviewing Open Lending (NASDAQ:LPRO) & Bread Financial (NYSE:BFH)June 4, 2024 | businesswire.comOpen Lending Announces Dan Berger, Former President and CEO of NAFCU, as a Strategic AdvisorMay 30, 2024 | americanbankingnews.comCritical Comparison: Open Lending (NASDAQ:LPRO) and Bread Financial (NYSE:BFH)May 29, 2024 | msn.comWhat’s going on with loan-out corporations? Hollywood workers seek answersMay 23, 2024 | businesswire.comAutomotive Lenders Are Overlooking the Value of Alternative Data and Instant Decisioning, Open Lending Research FindsMay 14, 2024 | finance.yahoo.comStrong week for Open Lending (NASDAQ:LPRO) shareholders doesn't alleviate pain of three-year lossMay 13, 2024 | finance.yahoo.comOpen Lending Corporation (NASDAQ:LPRO) Q1 2024 Earnings Call TranscriptMay 13, 2024 | finance.yahoo.comOpen Lending Partners with Core Specialty Insurance HoldingsMay 8, 2024 | markets.businessinsider.comOpen Lending Maintains Hold Rating Amidst Stable Execution and Market ChallengesMay 8, 2024 | finance.yahoo.comOpen Lending Corp (LPRO) Q1 2024 Earnings Call Transcript Highlights: Strategic Growth and ...May 8, 2024 | finance.yahoo.comQ1 2024 Open Lending Corp Earnings CallMay 7, 2024 | finance.yahoo.comOpen Lending Corp Reports Q1 2024 Earnings: A Mixed Financial PerformanceMay 7, 2024 | investorplace.comLPRO Stock Earnings: Open Lending Misses EPS, Beats Revenue for Q1 2024May 7, 2024 | finance.yahoo.comOpen Lending Reports First Quarter 2024 Financial ResultsApril 26, 2024 | msn.comLending a hand during National Volunteer WeekApril 18, 2024 | finance.yahoo.comOneAZ’s Launch of Credit Flex Auto Program Backed by Open LendingApril 18, 2024 | businesswire.comOneAZ's Launch of Credit Flex Auto Program Backed by Open LendingApril 16, 2024 | wsj.comOpen Lending Corp. Cl AApril 16, 2024 | globenewswire.comOpen Lending to Announce First Quarter 2024 Results on May 7, 2024April 11, 2024 | businesswire.comNear- and Non-Prime Consumers At Risk of Being Priced Out of the Vehicle Market, Open Lending Research FindsMarch 29, 2024 | msn.comUnlocking Business Potential: Navigating the Landscape of No Doc Loans and Private LendingMarch 28, 2024 | uk.investing.comCanaccord cuts Open Lending stock target to $7, maintains holdSee More Headlines Receive LPRO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Open Lending and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today6/09/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Personal credit institutions Sub-IndustryN/A Current SymbolNASDAQ:LPRO CUSIPN/A CIK1806201 Webwww.openlending.com Phone(512) 892-0400FaxN/AEmployees210Year FoundedN/APrice Target and Rating Average Stock Price Target$6.79 High Stock Price Target$8.00 Low Stock Price Target$5.50 Potential Upside/Downside+3.0%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.11 Trailing P/E Ratio59.91 Forward P/E Ratio29.95 P/E GrowthN/ANet Income$22.07 million Net Margins13.31% Pretax Margin17.85% Return on Equity6.87% Return on Assets3.84% Debt Debt-to-Equity Ratio0.65 Current Ratio13.14 Quick Ratio13.14 Sales & Book Value Annual Sales$117.46 million Price / Sales6.69 Cash Flow$0.20 per share Price / Cash Flow33.10 Book Value$1.73 per share Price / Book3.81Miscellaneous Outstanding Shares119,170,000Free Float101,290,000Market Cap$785.33 million OptionableOptionable Beta1.12 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Charles D. Jehl (Age 56)Executive VP, COO,CFO & Interim CEO Comp: $776.38kMr. Thinh Nguyen (Age 45)Chief Information Officer Comp: $456.62kMr. Matthew S. Stark (Age 51)Chief Legal & Compliance Officer and Corporate Secretary Comp: $504.57kMr. Matthew R. Roe (Age 40)Chief Revenue Officer Comp: $644.31kMr. Richard F. WatkinsFounderMs. Cecilia Camarillo (Age 55)Chief Accounting Officer Comp: $475.73kMs. Sarah Lackey (Age 41)Chief Technology Officer Mr. Kevin FilanSenior Vice President of MarketingMs. Shawna Kelley Shelor (Age 51)Chief People Officer More ExecutivesKey CompetitorsBread FinancialNYSE:BFHEnova InternationalNYSE:ENVAOaktree Specialty LendingNASDAQ:OCSLLendingClubNYSE:LCWorld AcceptanceNASDAQ:WRLDView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemSold 6,252 shares on 5/16/2024Ownership: 0.067%Janus Henderson Group PLCSold 72,982 shares on 5/16/2024Ownership: 0.036%Price T Rowe Associates Inc. MDBought 51,276 shares on 5/15/2024Ownership: 9.048%Vanguard Group Inc.Sold 29,753 shares on 5/10/2024Ownership: 7.945%Mitsubishi UFJ Asset Management Co. Ltd.Sold 1,924 shares on 5/9/2024Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions LPRO Stock Analysis - Frequently Asked Questions Should I buy or sell Open Lending stock right now? 8 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 3 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? 8 equities research analysts have issued 12 month price targets for Open Lending's shares. Their LPRO share price targets range from $5.50 to $8.00. On average, they anticipate the company's stock price to reach $6.79 in the next year. This suggests a possible upside of 3.0% 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 beginning of the year. Since then, LPRO shares have decreased by 22.6% and is now trading at $6.59. 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, August 13th 2024. View our LPRO earnings forecast. How were Open Lending's earnings last quarter? Open Lending Co. (NASDAQ:LPRO) announced its quarterly earnings data on Tuesday, May, 7th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by $0.01. The company had revenue of $30.75 million for the quarter, compared to analysts' expectations of $28.65 million. Open Lending had a trailing twelve-month return on equity of 6.87% and a net margin of 13.31%. Open Lending's revenue for the quarter was down 19.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 earnings per share. What ETFs hold Open Lending's stock? ETFs with the largest weight of Open Lending (NASDAQ:LPRO) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP).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 second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $29.0 million-$33.0 million, compared to the consensus revenue estimate of $31.3 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 retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (13.54%), Price T Rowe Associates Inc. MD (9.05%), Vanguard Group Inc. (7.94%), Raymond James & Associates (0.82%), Sei Investments Co. (0.41%) and Mirae Asset Global Investments Co. Ltd. (0.19%). 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 6/9/2024 by MarketBeat.com Staff From Our PartnersCollapse of the Petrodollar The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Ru...Colonial Metals | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredMajor Elon Musk Crypto Leak RevealedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto mark...Crypto 101 Media | SponsoredThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has alr...Wealthpin Pro | Sponsored"The Biggest Drug Ever" Is ComingUBS bank predicts it will become "The Biggest Drug Ever." The Wall Street Journal believes it will be "Phar...Behind the Markets | SponsoredRSVP: Charles Payne’s Cash Flow WorkshopDid you know you could "cash flow" the stocks in your portfolio? Without selling a single share of stock? ...Unstoppable Prosperity | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Open Lending Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share Open Lending With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
