LendingClub Corp (NYSE:LC)’s traded shares stood at 3.39 million during the latest session, with the company’s beta value hitting 2.05. At the last check today, the stock’s price was $14.77, to imply an increase of 18.55% or $2.31 in intraday trading. The LC share’s 52-week high remains $13.63, putting it 7.72% up since that peak but still an impressive 67.98% since price per share fell to its 52-week low of $4.73. The company has a valuation of $1.65B, with an average of 1.75 million shares in intraday trading volume over the past 10 days and average of 1.46 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for LendingClub Corp (LC), translating to a mean rating of 1.20. Of 4 analyst(s) looking at the stock, 0 analyst(s) give LC a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.09.

LendingClub Corp (NYSE:LC) trade information

After registering a 18.55% upside in the latest session, LendingClub Corp (LC) has traded red over the past five days. The 5-day price performance for the stock is 14.33%, and 39.61% over 30 days. With these gigs, the year-to-date price performance is 69.00%. Short interest in LendingClub Corp (NYSE:LC) saw shorts transact 3.62 million shares and set a 3.04 days time to cover.

The extremes give us $12 and $20 for target low and target high price respectively. As such, LC has been trading -35.41% off suggested target high and 18.75% from its likely low.

LendingClub Corp (LC) estimates and forecasts

Looking at statistics comparing LendingClub Corp share performance against respective industry, we note that the company has underperformed competitors. LendingClub Corp (LC) shares are 84.18% up over the last 6 months, with its year-to-date growth rate lower than industry average at 8.33% against 8.80%. The rating firms project that company’s revenue will shrink -33.50% compared to the previous financial year.

Revenue forecast for the current quarter as set by 10 analysts is 197.63M. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 213.59M.Earnings reports from the last fiscal year show that sales brought in 262.45M and 173.88M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -24.70% before jumping 22.80% in the following quarter.

LC Dividends

LendingClub Corp has its next earnings report out on 2025-Jan-28. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

LendingClub Corp (NYSE:LC)’s Major holders

LendingClub Corp insiders hold 3.18% of total outstanding shares, with institutional holders owning 78.16% of the shares at 80.73% float percentage. In total, 78.16% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 11.97 million shares (or 10.8176% of shares), all amounting to roughly $101.3 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 8.45 million shares, or about 7.634% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $71.49 million.

We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the LendingClub Corp (LC) shares. Going by data provided on Jun 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 3.25 shares. This is just over 2.91% of the total shares, with a market valuation of $47.55 million. Data from the same date shows that the other fund manager holds a little less at 2.85, or 2.55% of the shares, all valued at about 41.72 million.