In last trading session, Open Lending Corp (NASDAQ:LPRO) saw 0.82 million shares changing hands with its beta currently measuring 1.92. Company’s recent per share price level of $2.41 trading at -$0.14 or -5.49% at ring of the bell on the day assigns it a market valuation of $288.69M. That closing price of LPRO’s stock is at a discount of -187.14% from its 52-week high price of $6.92 and is indicating a premium of 70.95% from its 52-week low price of $0.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.09 million shares which gives us an average trading volume of 1.72 million if we extend that period to 3-months.
For Open Lending Corp (LPRO), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.12. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Open Lending Corp (NASDAQ:LPRO) trade information
Open Lending Corp’s shares saw a change of -63.54% in year-to-date performance and have moved -1.63% in past 5-day. Open Lending Corp (NASDAQ:LPRO) showed a performance of 15.31% in past 30-days. Number of shares sold short was 3.27 million shares which calculate 2.45 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7.5 to the stock, which implies a rise of 67.87% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 38. It follows that stock’s current price would drop -190.46% in reaching the projected high whereas dropping to the targeted low would mean a loss of -190.46% for stock’s current value.
Open Lending Corp (LPRO) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 17.56% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 100.11% while estimates for its earnings growth in next 5 years are of 79.32%.
Open Lending Corp (NASDAQ:LPRO)’s Major holders
Insiders are in possession of 2.98% of company’s total shares while institution are holding 60.76 percent of that, with stock having share float percentage of 62.63%. Investors also watch the number of corporate investors in a company very closely, which is 60.76% institutions for Open Lending Corp that are currently holding shares of the company. WASATCH ADVISORS LP is the top institutional holder at LPRO for having 16.41 million shares of worth $91.56 million. And as of 2024-06-30, it was holding 13.7642 of the company’s outstanding shares.
The second largest institutional holder is PRICE T ROWE ASSOCIATES INC /MD/, which was holding about 10.75 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.0161 of outstanding shares, having a total worth of $59.97 million.
On the other hand, T. Rowe Price Mid-Cap Value Fund, Inc. and -Price (T.Rowe) Mid-Cap Value Equity Trust are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 7.97 shares of worth $19.21 million or 6.65% of the total outstanding shares. The later fund manager was in possession of 4.24 shares on Mar 31, 2025 , making its stake of worth around $10.22 million in the company or a holder of 3.54% of company’s stock.
