Key Details
Price
$17.20Annual Revenue
$864.62 MAnnual EPS
$0.36Annual ROE
3.22%Beta
1.77Events Calendar
Next earnings date:
Jan 31, 2025Recent quarterly earnings:
Oct 23, 2024Recent annual earnings:
Jan 31, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
N/ANext split:
N/ARecent split:
July 08, 2019Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
LendingClub remains an attractive investment due to significant growth opportunities, strong execution, and a valuation below historical norms, despite a strong 2024 performance. The company has evolved from a P2P lender to a mature financial institution, offering diverse loan products across personal, business, auto, and banking services. LendingClub's focus on consumer education and innovative solutions like DebtIQ and Tally positions it to capitalize on rising credit card debt and high interest rates.
LendingClub stock price recovered strongly after bottoming at $4.90 in 2023 as concerns about its viability continued. LC has soared to $17.50, its highest level since February 2022, bringing its market cap to over $1.97 billion.
LendingClub Corp. (LC) is strategically growing its customer base and profits.
I believe the 750 bps spread between credit card rates and personal loan rates will drive continued demand for debt consolidation loans, leading to double-digit origination fee growth in 2025. The 75 bps Fed's rate cuts have made the returns on LendingClub's loans significantly more attractive than US Treasuries, increasing demand from banks and asset managers. Despite a 73% rally, I find LendingClub's P/B ratio of 1.48 remains undervalued relative to its 2021 highs and industry peers.
LendingClub (LC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
LendingClub was downgraded by an analyst after the stock had seen a big rally in the last few months. The fintech has built a larger business set to top the peak results from 2022 prior to the interest rate cuts reduced the capital for investing in personal loans. The stock is cheap at 10x normalized EPS with substantial upside from a larger market now.
LendingClub (LC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out.
J.P. Morgan analysts notes the lender's management says they are seeing bank partners return to the loan marketplace for the first time in about six quarters.
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