Currently, there are 112.40M common shares owned by the public and among those 108.25M shares have been available to trade.
The company’s stock has a 5-day price change of 14.59% and 64.31% over the past three months. LC shares are trading 104.92% year to date (YTD), with the 12-month market performance up to 114.75% higher. It has a 12-month low price of $7.48 and touched a high of $17.15 over the same period. LC has an average intraday trading volume of 1.67 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 11.54%, 22.48%, and 66.38% respectively.
Institutional ownership of LendingClub Corp (NYSE: LC) shares accounts for 74.84% of the company’s 112.40M shares outstanding.
It has a market capitalization of $2.04B and a beta (3y monthly) value of 2.04. The stock’s trailing 12-month PE ratio is 38.63, while the earnings-per-share (ttm) stands at $0.46. The company has a PEG of 2.03 and the debt-to-equity ratio at 0.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.23% over the week and 4.48% over the month.
Earnings per share for the fiscal year are expected to increase by 28.03%, and 85.29% over the next financial year.
Looking at the support for the LC, a number of firms have released research notes about the stock. JP Morgan stated their Neutral rating for the stock in a research note on December 02, 2024, with the firm’s price target at $17. Maxim Group coverage for the LendingClub Corp (LC) stock in a research note released on October 25, 2024 offered a Buy rating with a price target of $19. Keefe Bruyette was of a view on October 10, 2024 that the stock is Outperform, while BTIG Research gave the stock Buy rating on June 07, 2024, issuing a price target of $12. Piper Sandler on their part issued Overweight rating on November 28, 2023.
