Currently, there are 119.35M common shares owned by the public and among those 108.33M shares have been available to trade.
The company’s stock has a 5-day price change of -64.22% and -80.10% over the past three months. LPRO shares are trading -80.40% year to date (YTD), with the 12-month market performance down to -81.31% lower. It has a 12-month low price of $2.70 and touched a high of $6.97 over the same period. LPRO has an average intraday trading volume of 668.48K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -67.84%, -75.65%, and -79.00% respectively.
Institutional ownership of Open Lending Corp (NASDAQ: LPRO) shares accounts for 70.26% of the company’s 119.35M shares outstanding.
It has a market capitalization of $139.64M and a beta (3y monthly) value of 1.57. The earnings-per-share (ttm) stands at -$1.13. Price movements for the stock have been influenced by the stock’s volatility, which stands at 25.71% over the week and 12.30% over the month.
Analysts forecast that Open Lending Corp (LPRO) will achieve an EPS of 0.02 for the current quarter, 0.02 for the next quarter and 0.22 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.02 while analysts give the company a high EPS estimate of 0.02. Comparatively, EPS for the current quarter was 0.04 a year ago. Earnings per share for the fiscal year are expected to increase by 103.67%, and 233.90% over the next financial year.
Looking at the support for the LPRO, a number of firms have released research notes about the stock. Jefferies stated their Hold rating for the stock in a research note on March 20, 2025, with the firm’s price target at $8-$3.70. Needham coverage for the Open Lending Corp (LPRO) stock in a research note released on January 29, 2025 offered a Buy rating with a price target of $7. Morgan Stanley on their part issued Equal-Weight rating on February 06, 2024.
