LC - LendingClub Corporation
3.41 0.00 (0.00%)
After hours: 4:44PM EST
| Previous Close | 3.46 |
| Open | 3.48 |
| Bid | 0.00 x 2900 |
| Ask | 0.00 x 21500 |
| Day's Range | 3.39 - 3.53 |
| 52 Week Range | 2.57 - 4.66 |
| Volume | 1,932,323 |
| Avg. Volume | 2,788,853 |
| Market Cap | 1.453B |
| Beta (3Y Monthly) | 1.00 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.46 |
| Earnings Date | Nov 5, 2018 - Nov 9, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 4.95 |
Yahoo Finance Video•last monthReport: Goldman Sachs scaling back on loan origination target for Marcus
Goldman Sachs is reportedly scaling back on its loan origination target for Marcus — which is its growing online lending platform — for 2019. There are two reasons for this - one is the current stage of the credit cycle. The second is changes in market data. CEO David Solomon has been very optimistic on Marcus’ growth - saying it’s going to be very big and very profitable over time. I
- Thomson Reuters StreetEvents•6 days ago
Edited Transcript of LC earnings conference call or presentation 6-Nov-18 10:00pm GMT
Q3 2018 LendingClub Corp Earnings Call
- Zacks•6 days ago
LendingClub (LC) Q3 Earnings and Revenues Surpass Estimates
LendingClub (LC) delivered earnings and revenue surprises of 50.00% and 1.88%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
- Reuters•6 days ago
LendingClub profit beats estimates on record loan originations
Online lender LendingClub Corp reported an adjusted third-quarter profit that edged past analysts' estimates and raised its full-year earnings forecast on Tuesday, helped by record loan originations and higher transaction fees. "We had another record quarter, driven by strong borrowing and investor demand," Tom Casey, LendingClub's Chief Financial Officer, said on a call with analysts. The incident also led to a drop in loan originations.
- Associated Press•6 days ago
LendingClub: 3Q Earnings Snapshot
On a per-share basis, the San Francisco-based company said it had a loss of 5 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 3 cents per share. The results exceeded ...
- Reuters•6 days ago
LendingClub loss widens on higher expenses
Online lender LendingClub Corp's quarterly net loss widened, due to higher expenses for outstanding legacy issues. The San Francisco-based company's net loss fell to $22.8 million, or 5 cents per share, ...
- PR Newswire•6 days ago
LendingClub Reports Third Quarter 2018 Results
Record Loan Origination Volume and Record Net Revenue SAN FRANCISCO , Nov. 6, 2018 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers ...
Motley Fool•15 days ago6 Great Stocks Under $6
New Age Beverages, Sirius XM, and Sogou are on this list of stocks with small price tags but big upside potential.
- GlobeNewswire•20 days ago
Detailed Research: Economic Perspectives on Paychex, Coty, Bright Scholar Education, LendingClub, Energy Fuels, and Viking Therapeutics — What Drives Growth in Today's Competitive Landscape
NEW YORK, Oct. 24, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
- Market Realist•22 days ago
Here’s What to Know as Square’s CFO Prepares to Leave
Although the surprise departure of the finance chief shocked investors and triggered a sell-off in Square shares, Square CEO Jack Dorsey has downplayed the loss. While Friar’s contribution to Square’s success is undeniable, Dorsey says no single individual has been the brain of the company, meaning that Friar’s departure won’t cripple Square. According to Dorsey, Square’s structure is organized in such a way that its various units have their own leaders, who are each responsible for execution.
Markit•24 days agoSee what the IHS Markit Score report has to say about LendingClub Corp.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 27. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Market Realist•25 days ago
Square Is Examining the Potential Impact of Consumer Lending
In addition to helping Square (SQ) expand its credit business and close the gap with its rivals, consumer lending also has the potential to stimulate growth in Square’s other business segments. Square expects its Square Installments consumer loans to enable merchants on its network to make more sales. Square Installments loans let shoppers acquire the items they want through installment payments if they can’t meet the cost up front.
- Market Realist•26 days ago
Square Expands and Diversifies Its Credit Business
Square (SQ) is gearing up to report its third-quarter results after it recently expanded its credit business by adding consumer lending. Through a program known as Square Installments, the company lets people take out loans of up to $10,000 to finance purchases with Square merchants, meaning businesses that use Square products, such as payment card readers and invoicing software. Square’s consumer loans are payable in fixed monthly installments of up to a year and attract interest of up to 24%.
- Market Realist•29 days ago
Did PayPal Live Up to Its Q3 2018 Targets?
PayPal (PYPL) is expected to release its third-quarter results on October 18. While reporting its second-quarter results in July, PayPal provided a yardstick against which its upcoming results could be measured. The company issued a guidance showing that it expected its third-quarter revenue to rise as much as 13% YoY (year-over-year) to $3.62 billion–$3.67 billion. For its bottom line, the company guided for EPS of $0.53–$0.55.
- Market Realist•last month
Why PayPal Is Kicking Some Customers Out
As much as PayPal (PYPL) is in heated competition with Square (SQ), LendingClub (LC), eBay-backed (EBAY) Adyen, and others for payment and loan customers, there comes a time when the company decides to put its foot down and kick out some customers. This happens when PayPal determines that a customer is in violation of its rules and is promoting hate, which is what happened recently in the case of Infowars. Last month, PayPal decided to terminate its business dealings with Infowars, a far-right American media platform run by controversial radio host Alex Jones.
- InvestorPlace•last month
If This Analyst Is Right, Square Stock Is About to Crash
SQ stock fell almost 9% on its heaviest volume since March as sellers swamped the company’s shares. Square stock had surged from $65 to $100 since August. With SQ stock down 15% from its recent high, it might seem like a great buy-the-dip opportunity here.
- PR Newswire•last month
Secret Shame Erodes Quality of Life: America's Health Crisis Starts with Financial Woes
SAN FRANCISCO, Oct. 11, 2018 /PRNewswire/ -- LendingClub Corporation (LC), America's largest online lending marketplace connecting borrowers and investors, today released initial findings from its inaugural 2018 Financial Health Survey. The study, conducted online by The Harris Poll on behalf of LendingClub, shows connections between Americans' financial health and overall well-being and concluded that the two are inextricably linked. The key takeaway: Bad financial health negatively impacts the body and the mind.
- PR Newswire•last month
LendingClub Schedules Third Quarter 2018 Earnings Release and Conference Call
SAN FRANCISCO , Oct. 9, 2018 /PRNewswire/ -- LendingClub (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, announced that it will report earnings for the third ...
- TechCrunch•last month
After much drama, LendingClub founder Renaud Laplanche gets a slap on the wrist by the SEC
In May of 2016, LendingClub CEO Renaud Laplanche faced the most embarrassing outcome imaginable for a founder. Laplanche, said LendingClub’s board at the time, had taken out loans on the platform for himself and family members without being transparent about them. Laplanche reportedly also did not disclose a personal stake in an investment firm in which LendingClub had considered making an investment.
- PR Newswire•last month
LendingClub Responds to DOJ and SEC Settlements
SAN FRANCISCO, Oct. 1, 2018 /PRNewswire/ -- LendingClub (LC) announced today that it has entered into settlements with the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). "We are pleased to have resolution and closure," said LendingClub Chairman Hans Morris. "Following an internal review in 2016, LendingClub's Board of Directors accepted the resignation of Renaud Laplanche as Chairman and CEO of the Company.
- Investopedia•last month
Penny Stocks to Watch for October 2018
This all-new Penny Stocks to Watch for October brings a broad mix of companies involved in industries as diverse as mining, financial services, industrial products and online gaming. A penny stock is generally defined as a stock that has a low share price and small market capitalization.
Markit•last monthSee what the IHS Markit Score report has to say about LendingClub Corp.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 27. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- The Wall Street Journal•last month
[$$] LendingClub Settles Federal Charges of Misleading Bank Partner
LendingClub Corp., an online lender, reached an agreement with federal prosecutors on Friday to settle charges it defrauded the bank it uses to issue loans to consumers. The Justice Department charges and settlement were announced on the same day former Chief Executive Renaud Laplanche, former finance chief Carrie Dolan and a LendingClub unit agreed to settle Securities and Exchange Commission accusations of improperly inflating returns and misusing investor money. LendingClub and its unit agreed to pay $6 million in penalties in the SEC and Justice Department cases.
- The Wall Street Journal•last month
LendingClub Settles Federal Charges of Misleading Bank Partner
LendingClub Corp., an online lender, reached an agreement with federal prosecutors on Friday to settle charges it defrauded the bank it uses to issue loans to consumers. The Justice Department charges and settlement were announced on the same day former Chief Executive Renaud Laplanche, former finance chief Carrie Dolan and a LendingClub unit agreed to settle Securities and Exchange Commission accusations of improperly inflating returns and misusing investor money. LendingClub and its unit agreed to pay $6 million in penalties in the SEC and Justice Department cases.
- American City Business Journals•last month
SEC charges former LendingClub CEO Renaud Laplanche with fraud
Laplanche, LendingClub, and former CFO Carrie Dolan have agreed to settle with the SEC regarding the charges. Laplanche now runs Upstart, a fintech company that is rapidly expanding its offices in Phoenix.
