In the last trading session, 1.81 million shares of the Open Lending Corp (NASDAQ:LPRO) were traded, and its beta was 1.80. Most recently the company’s share price was $1.31, and it changed around -$0.03 or -2.24% from the last close, which brings the market valuation of the company to $156.92M. LPRO currently trades at a discount to its 52-week high of $6.97, offering almost -432.06% off that amount. The share price’s 52-week low was $0.70, which indicates that the current value has risen by an impressive 46.56% since then.
Open Lending Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 4 recommended LPRO as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Open Lending Corp (NASDAQ:LPRO) trade information
Instantly LPRO has showed a red trend with a performance of -2.24% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.4180 on recent trading dayincreased the stock’s daily price by 7.62%. The company’s shares are currently down -78.06% year-to-date, but still up 3.97% over the last five days. On the other hand, Open Lending Corp (NASDAQ:LPRO) is 9.17% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $7.5, which translates to bulls needing to increase their stock price by 82.53% from its current value. Analyst projections state that LPRO is forecast to be at a low of $7 and a high of $38.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 17.56%.
LPRO Dividends
Open Lending Corp’s next quarterly earnings report is expected to be released in June.
PRICE T ROWE ASSOCIATES INC /MD/, with 9.0161% or 10.75 million shares worth $59.97 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
T. Rowe Price Mid-Cap Value Fund, Inc. and WASATCH FUNDS TRUST-Wasatch Core Growth Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 7.27 shares worth $9.53 million, making up 6.07% of all outstanding shares. On the other hand, WASATCH FUNDS TRUST-Wasatch Core Growth Fund held roughly 4.11 shares worth around $5.38 million, which represents about 3.43% of the total shares outstanding.
