Brokerages Set LendingClub Corporation (NYSE:LC) PT at $22.00
by Tristan Rich · The Markets DailyShares of LendingClub Corporation (NYSE:LC – Get Free Report) have been given an average recommendation of “Moderate Buy” by the ten ratings firms that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $22.00.
A number of equities research analysts have recently commented on the company. Zacks Research lowered LendingClub from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Piper Sandler reissued an “overweight” rating and set a $23.00 target price on shares of LendingClub in a research note on Thursday, January 29th. BTIG Research restated a “buy” rating and set a $26.00 target price on shares of LendingClub in a report on Thursday, January 29th. Wall Street Zen lowered shares of LendingClub from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of LendingClub in a report on Monday, December 29th.
View Our Latest Research Report on LC
LendingClub Stock Up 0.2%
Shares of NYSE LC opened at $14.35 on Wednesday. LendingClub has a twelve month low of $7.90 and a twelve month high of $21.67. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 12.47 and a beta of 1.95. The company’s fifty day moving average is $15.51 and its 200-day moving average is $17.17.
LendingClub (NYSE:LC – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. The business had revenue of $266.47 million during the quarter, compared to analysts’ expectations of $262.88 million. LendingClub had a net margin of 13.58% and a return on equity of 9.47%. The firm’s quarterly revenue was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.08 EPS. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. On average, research analysts anticipate that LendingClub will post 0.72 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, Director Erin Selleck sold 2,390 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $15.46, for a total value of $36,949.40. Following the completion of the transaction, the director directly owned 78,767 shares of the company’s stock, valued at approximately $1,217,737.82. This represents a 2.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.19% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of LC. Creek Drive Management Group LLC acquired a new stake in LendingClub in the 4th quarter valued at approximately $1,724,000. Mackenzie Financial Corp acquired a new position in LendingClub during the 4th quarter worth approximately $413,000. Regal Partners Ltd acquired a new position in LendingClub during the 4th quarter worth approximately $2,112,000. Fuller & Thaler Asset Management Inc. bought a new position in shares of LendingClub during the 4th quarter worth approximately $63,580,000. Finally, XTX Topco Ltd grew its stake in shares of LendingClub by 43.9% during the 4th quarter. XTX Topco Ltd now owns 15,676 shares of the credit services provider’s stock worth $297,000 after acquiring an additional 4,786 shares in the last quarter. 74.08% of the stock is owned by institutional investors and hedge funds.
About LendingClub
LendingClub Corporation operates an online lending marketplace that connects borrowers seeking personal and small business credit with individual and institutional investors. The platform leverages technology to streamline the loan application and underwriting process, offering unsecured personal loans, auto refinancing, and small business loans. In addition to lending products, LendingClub provides high-yield savings accounts and certificates of deposit through its banking charter, following its acquisition of Radius Bank in 2021.
Founded in 2006 by Renaud Laplanche, LendingClub pioneered peer-to-peer lending in the United States, helping to democratize access to credit and investment opportunities.