LendingClub Corporation (NYSE:LC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of LendingClub Corporation (NYSE:LC) have earned an average recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $22.00.

A number of equities research analysts have recently weighed in on LC shares. Wall Street Zen lowered LendingClub from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. Piper Sandler reaffirmed an “overweight” rating and issued a $23.00 price target on shares of LendingClub in a research note on Thursday, January 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of LendingClub in a report on Monday, December 29th. BTIG Research reissued a “buy” rating and set a $26.00 price objective on shares of LendingClub in a research report on Thursday, January 29th. Finally, Zacks Research raised shares of LendingClub from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd.

Insider Transactions at LendingClub

In related news, Director Erin Selleck sold 2,390 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $15.46, for a total value of $36,949.40. Following the completion of the transaction, the director directly owned 78,767 shares of the company’s stock, valued at $1,217,737.82. This represents a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.31% of the stock is currently owned by insiders.

Institutional Investors Weigh In On LendingClub

Several hedge funds have recently made changes to their positions in LC. Creek Drive Management Group LLC bought a new position in LendingClub in the fourth quarter worth $1,724,000. Mackenzie Financial Corp bought a new stake in shares of LendingClub during the 4th quarter valued at $413,000. Regal Partners Ltd purchased a new stake in shares of LendingClub in the 4th quarter worth about $2,112,000. Fuller & Thaler Asset Management Inc. bought a new position in shares of LendingClub in the 4th quarter worth about $63,580,000. Finally, XTX Topco Ltd increased its stake in shares of LendingClub by 43.9% in the 4th quarter. XTX Topco Ltd now owns 15,676 shares of the credit services provider’s stock worth $297,000 after acquiring an additional 4,786 shares in the last quarter. 74.08% of the stock is currently owned by institutional investors.

LendingClub Stock Performance

LC stock opened at $14.25 on Wednesday. LendingClub has a 52 week low of $7.90 and a 52 week high of $21.67. The firm’s fifty day moving average is $15.92 and its 200 day moving average is $17.23. The firm has a market cap of $1.64 billion, a P/E ratio of 12.39 and a beta of 2.11.

LendingClub (NYSE:LC) last posted its quarterly earnings results on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.01. LendingClub had a net margin of 13.58% and a return on equity of 9.47%. The business had revenue of $266.47 million during the quarter, compared to the consensus estimate of $262.88 million. During the same period in the previous year, the firm posted $0.08 earnings per share. The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. As a group, analysts forecast that LendingClub will post 0.72 EPS for the current year.

About LendingClub

LendingClub Corporation operates an online lending marketplace that connects borrowers seeking personal and small business credit with individual and institutional investors. The platform leverages technology to streamline the loan application and underwriting process, offering unsecured personal loans, auto refinancing, and small business loans. In addition to lending products, LendingClub provides high-yield savings accounts and certificates of deposit through its banking charter, following its acquisition of Radius Bank in 2021.

Founded in 2006 by Renaud Laplanche, LendingClub pioneered peer-to-peer lending in the United States, helping to democratize access to credit and investment opportunities.