Streetbeat News

LendingClub Corporation

https://www.lendingclub.com

Industry

Financial - Credit Services

LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States. The company provides commercial and industrial, commercial real estate, small business, and equipment loans, as well as leases equipment; and unsecured personal and auto, patient finance, and education finance loans. It also operates an online lending marketplace platform that connects borrowers and investors. LendingClub Corporation was incorporated in 2006 and is headquartered in San Francisco, California.

Open

16.28

Mkt cap

1.9B

Volume

985K

High

16.80

P/E Ratio

36.00

52-wk high

17.15

Low

16.25

Div yield

N/A

52-wk low

7.48

LendingClub was downgraded by an analyst despite a recent rally. The company has expanded its business beyond 2022 levels, and its stock is considered undervalued with potential for growth.

Portfolio Pulse from

December 04, 2024 | 7:45 pm

LendingClub (LC) has been upgraded to a Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects, which could lead to a rise in its stock price.

Portfolio Pulse from

November 21, 2024 | 6:15 pm

LendingClub (LC) has seen a 5.98% increase in its stock price over the past week, raising questions about its potential as a top pick for momentum investors.

Portfolio Pulse from

November 14, 2024 | 6:15 pm

A small-cap stock has surged 63% in 2024, driven by record consumer credit card debt and the potential for falling interest rates to further benefit the company.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

LendingClub Inc. (NYSE:LC) has seen a significant stock price increase, with a 29.08% rise over the past month and 143.19% over the past year. The company's P/E ratio of 38.29 is higher than the Consumer Finance industry's average of 27.46, suggesting potential overvaluation or expected future performance. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 2:30 pm

Top Wall Street analysts have updated their price targets and ratings for several major companies, including Tesla, Eli Lilly, Whirlpool, and others. Notable changes include a price target increase for Tesla by Piper Sandler and a significant cut for Coursera by Cantor Fitzgerald.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 6:50 pm

Maxim Group analyst Michael Diana maintains a Buy rating on LendingClub (NYSE:LC) and raises the price target from $16 to $19.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 6:17 pm

Compass Point analyst Giuliano Bologna has maintained a Buy rating on LendingClub (NYSE:LC) and raised the price target from $15 to $19.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 5:07 pm

UPS and several other major stocks, including Tesla and T-Mobile, saw significant gains on Thursday following better-than-expected quarterly earnings and guidance updates.

Portfolio Pulse from Avi Kapoor

October 24, 2024 | 3:03 pm

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