In today’s recent session, 0.82 million shares of the LendingClub Corp (NYSE:LC) have been traded, and its beta is 2.43. Most recently the company’s share price was $11.21, and it changed around $0.21 or 1.91% from the last close, which brings the market valuation of the company to $1.28B. LC at last check was trading at a discount to its 52-week high of $18.75, offering almost -67.26% off that amount. The share price’s 52-week low was $7.81, which indicates that the recent value has risen by an impressive 30.33% since then. We note from LendingClub Corp’s average daily trading volume that its 10-day average is 1.25 million shares, with the 3-month average coming to 1.29 million.

LendingClub Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.44. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 2 recommended LC as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. LendingClub Corp is expected to report earnings per share of 0.15 for the current quarter.

LendingClub Corp (NYSE:LC) trade information

Instantly LC has been showing a green trend so far today with a performance of 1.91% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.30 on recent trading dayincreased the stock’s daily price by 0.8%. The company’s shares are currently down -30.76% year-to-date, but still up 2.19% over the last five days. On the other hand, LendingClub Corp (NYSE:LC) is 6.05% up in the 30-day period. We can see from the shorts that 3.98 million shares have been sold at a short interest cover period of 2.86 day(s).

The consensus price target as assigned by Wall Street analysts is $17.5, which translates to bulls needing to increase their stock price by 35.94% from its current value. Analyst projections state that LC is forecast to be at a low of $15 and a high of $20.

LendingClub Corp (LC) estimates and forecasts

The year-over-year growth rate is expected to be 18.37%, up from the previous year.

Consensus estimates provided by 10 financial analysts predict the company will bring in an average of 227.55M in revenue for the current quarter. 10 analysts expect LendingClub Corp to make 238.28M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 187.24M and 201.88M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 21.53%. Forecasts for the next quarter put sales growth at 18.03%.

LendingClub Corp earnings are expected to increase by 44.23% in 2025, but the outlook is positive 49.82% per year for the next five years.

LC Dividends

LendingClub Corp’s next quarterly earnings report is expected to be released on 2025-Apr-29.

LendingClub Corp (NYSE:LC)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 2.97% of LendingClub Corp shares, and 79.63% of them are in the hands of institutional investors. The stock currently has a share float of 82.07%. LendingClub Corp stock is held by 328.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 10.7487% of the shares, which is about 11.97 million shares worth $101.3 million.

BLACKROCK INC., with 7.5854% or 8.45 million shares worth $71.49 million as of 2024-06-30, holds the second largest percentage of outstanding shares.