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Open Lending (LPRO) Stock

Profile

Country:

United States

IPO:

26 March 2018

Indexes:

Not included

Description:

Open Lending (LPRO) provides technology and services to help financial institutions offer auto loans. Their platform enhances lending processes, making it easier for banks and credit unions to approve loans for customers, while also managing risk and improving profitability.

Key Details

Price

$5.87

Annual Revenue

$117.46 M(-34.60% YoY)

Annual EPS

$0.18(-66.04% YoY)

PE Ratio

195.67(+334.82% YoY)

Beta

1.13

Events Calendar

Earnings

Next earnings date:

Feb 27, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

Feb 27, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

02 Oct '24 Needham
Hold
12 Aug '24 DA Davidson
Buy
09 Aug '24 Morgan Stanley
Equal-Weight
09 Aug '24 JMP Securities
Market Outperform
22 July '24 Needham
Hold
08 May '24 Needham
Buy
08 May '24 Canaccord Genuity
Hold
26 Mar '24 Raymond James
Outperform
26 Mar '24 JMP Securities
Market Outperform
26 Mar '24 Canaccord Genuity
Hold

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Institutional Ownership

Open Lending Secures Third OEM Captive Finance Company Partnership
Open Lending Secures Third OEM Captive Finance Company Partnership
Open Lending Secures Third OEM Captive Finance Company Partnership
LPRO
globenewswire.com17 December 2024

Agreement demonstrates continued importance of near- and non-prime consumers to captive lenders and Company's industry leadership Agreement demonstrates continued importance of near- and non-prime consumers to captive lenders and Company's industry leadership

New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis
New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis
New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis
LPRO
businesswire.com14 November 2024

AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, just released a new Near- and Non-Prime Consumer Brief, the latest installment in its quarterly series of data reports on vehicle registrations. The report found that, despite continued challenges in the vehicle market, new vehicle registrations have risen and used vehicle regi.

Open Lending Corporation (LPRO) Q3 2024 Earnings Call Transcript
Open Lending Corporation (LPRO) Q3 2024 Earnings Call Transcript
Open Lending Corporation (LPRO) Q3 2024 Earnings Call Transcript
LPRO
seekingalpha.com09 November 2024

Open Lending Corporation (NASDAQ:LPRO ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Marissa Vidaurri - VP, IR & Corporate Communications Chuck Jehl - CFO & Interim CEO Conference Call Participants Joseph Vafi - Canaccord Peter Heckmann - D.A. Davidson Operator Good afternoon, and welcome to the Open Lending Third Quarter 2024 Earnings Conference Call.

Open Lending (LPRO) Q3 Earnings and Revenues Miss Estimates
Open Lending (LPRO) Q3 Earnings and Revenues Miss Estimates
Open Lending (LPRO) Q3 Earnings and Revenues Miss Estimates
LPRO
zacks.com07 November 2024

Open Lending (LPRO) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.02 per share a year ago.

Open Lending to Announce Third Quarter 2024 Results on November 7, 2024
Open Lending to Announce Third Quarter 2024 Results on November 7, 2024
Open Lending to Announce Third Quarter 2024 Results on November 7, 2024
LPRO
globenewswire.com22 October 2024

AUSTIN, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will host a conference call to discuss third quarter 2024 financial results on Thursday, November 7, 2024, at 5:00pm ET. A press release with third quarter 2024 financial results will be issued after the market closes that same day.

Open Lending to Attend the Canaccord Genuity 44th Annual Growth Conference
Open Lending to Attend the Canaccord Genuity 44th Annual Growth Conference
Open Lending to Attend the Canaccord Genuity 44th Annual Growth Conference
LPRO
globenewswire.com12 August 2024

AUSTIN, Texas, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (Nasdaq: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will be attending the Canaccord Genuity 44th Annual Growth Conference in Boston, MA. The Company will participate in a fireside chat discussion, which will begin at 11:00am ET and can be accessed by visiting the Company's investor relations website at https://investors.openlending.com/ under the “Events” section. A replay of the webcast will be available on the investor relations website following the discussion.

Open Lending Corporation (LPRO) Q2 2024 Earnings Call Transcript
Open Lending Corporation (LPRO) Q2 2024 Earnings Call Transcript
Open Lending Corporation (LPRO) Q2 2024 Earnings Call Transcript
LPRO
seekingalpha.com10 August 2024

Open Lending Corporation (NASDAQ:LPRO ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Chuck Jehl - CFO and Interim CEO Cecilia Camarillo - Chief Accounting Officer Conference Call Participants Kyle Peterson - Needham & Company Michael Grae - Morgan Stanley Vincent Caintic - BTIG Taylor Reading - Raymond James Operator Good afternoon, and welcome to Open Lending's Second Quarter 2024 Earnings Conference Call. As a reminder, today's conference call is being recorded.

Open Lending (LPRO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Open Lending (LPRO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Open Lending (LPRO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
LPRO
zacks.com08 August 2024

Although the revenue and EPS for Open Lending (LPRO) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Open Lending Reports Second Quarter 2024 Financial Results
Open Lending Reports Second Quarter 2024 Financial Results
Open Lending Reports Second Quarter 2024 Financial Results
LPRO
globenewswire.com08 August 2024

AUSTIN, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (Nasdaq: LPRO) (the “Company” or “Open Lending”), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its second quarter of 2024.

Open Lending to Announce Second Quarter 2024 Results on August 8, 2024
Open Lending to Announce Second Quarter 2024 Results on August 8, 2024
Open Lending to Announce Second Quarter 2024 Results on August 8, 2024
LPRO
globenewswire.com22 July 2024

AUSTIN, Texas, July 22, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or “the Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will host a conference call to discuss second quarter 2024 financial results on Thursday, August 8, 2024 at 5:00pm ET. A press release with second quarter 2024 financial results will be issued after the market closes that same day.

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FAQ

  • What is the primary business of Open Lending?
  • What is the ticker symbol for Open Lending?
  • Does Open Lending pay dividends?
  • What sector is Open Lending in?
  • What industry is Open Lending in?
  • What country is Open Lending based in?
  • When did Open Lending go public?
  • Is Open Lending in the S&P 500?
  • Is Open Lending in the NASDAQ 100?
  • Is Open Lending in the Dow Jones?
  • When was Open Lending's last earnings report?
  • When does Open Lending report earnings?
  • Should I buy Open Lending stock now?

What is the primary business of Open Lending?

Open Lending (LPRO) provides technology and services to help financial institutions offer auto loans. Their platform enhances lending processes, making it easier for banks and credit unions to approve loans for customers, while also managing risk and improving profitability.

What is the ticker symbol for Open Lending?

The ticker symbol for Open Lending is NASDAQ:LPRO

Does Open Lending pay dividends?

No, Open Lending does not pay dividends

What sector is Open Lending in?

Open Lending is in the Financial Services sector

What industry is Open Lending in?

Open Lending is in the Credit Services industry

What country is Open Lending based in?

Open Lending is headquartered in United States

When did Open Lending go public?

Open Lending's initial public offering (IPO) was on 26 March 2018

Is Open Lending in the S&P 500?

No, Open Lending is not included in the S&P 500 index

Is Open Lending in the NASDAQ 100?

No, Open Lending is not included in the NASDAQ 100 index

Is Open Lending in the Dow Jones?

No, Open Lending is not included in the Dow Jones index

When was Open Lending's last earnings report?

Open Lending's most recent earnings report was on 7 November 2024

When does Open Lending report earnings?

The next expected earnings date for Open Lending is 27 February 2025

Should I buy Open Lending stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions