|Bid||2.8800 x 2200|
|Ask||4.0000 x 1400|
|Day's Range||3.1400 - 3.3000|
|52 Week Range||2.8800 - 9.2300|
|Beta (3Y Monthly)||1.33|
|PE Ratio (TTM)||7.62|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.31|
On Deck Capital, Inc. (NYSE:ONDK) is a stock with outstanding fundamental characteristics. When we build an investment...
NEW YORK, July 31, 2019 /PRNewswire/ -- OnDeck® (ONDK), the leader in online lending to small business, today announced that The William Everett Group has been selected as the OnDeck Small Business of the Month for July, 2019. The regional consulting firm is headquartered in Chicago and serves clients throughout the Midwest. Ellen Rozelle Turner is the Founder, President and CEO of The William Everett Group, a successful management and information technology firm that now employs over 107 skilled consultants. She started the firm in 2010 after a distinguished fifteen-year career working in executive management, sales, marketing and the public sector.
OnDeck Capital Inc. shares slid more than 22% Monday, after the online small business lender told analysts on its earnings call that JPMorgan Chase will no longer by originating new loans on the platform from next week. Chief Executive Noah Breslow said JPMorgan Chase had recently informed the company of the move, which follows a change in strategy at its business banking unit. "While disappointing, we appreciate that Chase recognized at a very early stage the opportunity to serve small businesses through online lending, and that our technology and platform were the right tools to support their efforts," Breslow said. In response to questions from analysts, he later conceded that OnDeck had to write down almost $1 million in Chase-specific technology, which is a headwind to earnings in the short term, but frees it up from legacy technology. The company posted net income of $4.3 million, or 5 cents a share, for the second quarter, down from $5.7 million, or 7 cents a share, in the year-earlier period. Adjusted per-share earnings came to 9 cents, below the 11 cents FactSet consensus. Revenue rose to $110 million from $95 million, matching the FactSet consensus. The company also said it has decided to pursue a banking charters. Shares have fallen 48% in 2019, while the S&P 500 has gained 20%.
On Deck Capital (ONDK) delivered earnings and revenue surprises of -18.18% and -0.42%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Loans and finance receivables of $1.2 billion , up 15% from June 30, 2018 - Gross revenue of $110.2 million up 15% from 2Q 2018 - Net income* of $4.3 million , $0.05 per diluted share - Adjusted Net ...
On Deck Capital Inc (NYSE: ONDK ) releases its next round of earnings Monday, July 29. Get the latest predictions in Benzinga's essential guide to the company's second-quarter earnings report. Earnings ...
NEW YORK, July 24, 2019 /PRNewswire/ -- OnDeck® (ONDK), the leader in online lending for small business, today announced the appointment of Lonnie Hayes as the Head of Sales and Strategy for ODX, a wholly owned subsidiary of OnDeck that assists banks with streamlining and digitizing small business credit origination.
On Deck Capital (ONDK) 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.
NEW YORK and PROVIDENCE, R.I., July 17, 2019 /PRNewswire/ -- OnDeck (ONDK), the leader in online lending to small business and Upserve, a leading restaurant management platform, today announced a partnership to provide Upserve's restaurant customers with online financing options from OnDeck. Over 10,000 restaurants currently use Upserve's restaurant management platform and Point of Sales (POS) software to manage relationships with more than 57 million active diners.
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. While...
Agreement between leading financial services companies brings game-changing online lending option to Canadian small businesses MONTREAL and SURREY, British Columbia , July 11, 2019 /PRNewswire/ -- Coast ...
NEW YORK, July 8, 2019 /PRNewswire/ -- OnDeck® (ONDK), the leader in online lending for small business, announced today that it will report second quarter 2019 financial results on Monday, July 29th, at approximately 7:00 a.m. ET. The company will host a conference call to discuss the results at 8:00 a.m. ET that same day. The conference call will be webcast live on the company's Investor Relations website and it can also be accessed by dialing (866) 393-4306 for calls within the U.S. (toll-free) or by dialing (734) 385-2616 for international calls.
In 2005, David Brown decided it was time to launch his own long/short-focused asset management firm, and he did it with $4 million of initial capital, naming the fund Hawk Ridge Capital Management. Over the years the fund progressed, reaching $345.99 million in assets under management (at the end of 2016). The fund is headquartered […]
65 Percent Received a Tax Refund in 2018; 75 Percent Satisfied with Tax Return NEW YORK , July 1, 2019 /PRNewswire/ -- A survey of small business owners issued today by OnDeck (NYSE: ONDK), the leader ...
NEW YORK, June 28, 2019 /PRNewswire/ -- OnDeck (ONDK), the leader in online lending to small business, today announced that Blues Barbershop of Salt Lake City, Utah is the company's Small Business of the Month for June, 2019. Owned by Jerone Wedig, the music themed barbershop is the first small business in Utah to receive the OnDeck award.
The OnDeck campaign on behalf of small business owners will run from June to September and will feature digital, social and content updates from the road as Mr. Breslow visits with customers from coast to coast. The company has launched a dedicated hub within its Small Business Resource Center at: https://www.ondeck.com/resources/summer-2019 to capture the visits throughout the summer. The hub will also include commentary and insight from small business owners, tips, resources and important news on issues impacting small businesses.
Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 9 percentage points since the end of the third quarter of 2018 as investors worried over the possible ramifications of rising interest rates and escalation of the trade war with China. The hedge funds and institutional investors we track typically invest more […]
Stroff joins OnDeck from Hogarth Worldwide, where she served as Chief Human Resources Officer and helped the organization upgrade their people capabilities to enable pursuit of an aggressive strategic growth plan. A seasoned executive successful in driving quantifiable results, she has more than two decades of experience as a leader spanning various industry sectors -- including Marketing Production (Hogarth), Consumer Products (Coty), Media & Entertainment (Time Inc.), Professional Services (EY), and Hospitality (The Ritz-Carlton.) In these positions, she has implemented innovative strategies and programs that transform workplace culture, enhance employee experience and improve business outcomes. "Our team members are the most valuable asset we have at OnDeck.
While the market driven by short-term sentiment influenced by uncertainty regarding the future of the interest rate environment in the US, declining oil prices and the trade war with China, many smart money investors kept their optimism regarding the current bull run in the fourth quarter, while still hedging many of their long positions. However, […]