|Bid||3.0000 x 900|
|Ask||3.4000 x 4000|
|Day's Range||3.0800 - 3.1300|
|52 Week Range||2.4600 - 4.5500|
|Beta (3Y Monthly)||1.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.40|
LendingClub Corp NYSE:LCView full report here! Summary * Bearish sentiment is low and declining Bearish sentimentShort interest | PositiveShort interest is low for LC with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 13. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold LC had net inflows of $1.67 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year, but is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Take a look at some of the most well-known and reputable peer-to-peer lending websites, their business models, and successes to date.
Funds managed by Meeker’s firm have sold 1.6 million shares of the online lending marketplace. She is also stepping down from the company’s board.
LendingClub reported a 22% increase in transaction fees that led to a 15% increase in revenue to $174.4 million and adjusted earnings of 2 cents per share. "With 3 million borrowers served and our simplification efforts well underway, we are driving both revenue growth and margin expansion," said Scott Sanborn, CEO of LendingClub. "Our simplification program is transforming LendingClub, enabling us to grow responsibly and increase our operating leverage.
LendingClub (LC) delivered earnings and revenue surprises of 0.00% and 2.96%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the San Francisco-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring costs, were 3 cents per share. The results met Wall Street expectations. The average ...
LendingClub Corp beat quarterly profit estimates on Tuesday, boosted by a rise in loan originations that helped the online-loan marketplace earn more in fees from processing transactions. Transaction fees ...
LendingClub Corp posted a smaller quarterly loss on Tuesday, as the online-loan marketplace earned more in fees from processing transactions. The San Francisco-based company's net loss narrowed to $19.9 ...
Net revenue up 15% year-over-year on 18% loan origination volume growth SAN FRANCISCO , May 7, 2019 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting ...
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The cuts will help it reduce its office footprint in the city by more than 40 percent, the latest victim of the city’s out-of-control real estate costs. “Growing exclusively in San Francisco simply doesn’t make financial sense,” Chief Executive Officer Scott Sanborn explained in a memo to staff, citing the skyrocketing cost of office space in the city. Hand-wringing by corporate directors and executives over the price of doing business in the Bay Area has been mounting for years and in the past few, the pace of announcements that jobs are moving to lower-cost locales has accelerated.
Lending Club joins Charles Schwab and JPMorgan Chase in deciding that the economics of doing business in San Francisco don't make the city a good place for back-office operations.
In an internal memo to staff reviewed by Bloomberg, Chief Executive Officer Scott Sanborn said LendingClub aims to have its teams completely out of San Francisco by December. About 350 jobs will shift to Lehi, Utah, where LendingClub recently opened a new office.
LendingClub (LC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of San Francisco-based peer-to-peer lending company LendingClub Corp. (LC) have struggled to maintain a steady rally due to inconsistencies in the company's bottom line. The dust finally appears to be settling, however, with the company's stock gaining about 24% since December. But more telling is the company's bottom line, which after experiencing turbulence over the last several years, now appears to be steadying for consistent growth.