LendingClub Corp (NYSE: LC) is -34.59% lower on its value in year-to-date trading and has touched a low of $7.81 and a high of $18.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LC stock was last observed hovering at around $11.10 in the last trading session, with the day’s loss setting it -0.51%.
Currently trading at $10.59, the stock is 1.50% and 2.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.19 million and changing -4.59% at the moment leaves the stock -17.20% off its SMA200. LC registered 15.49% gain for a year compared to 6-month loss of -31.63%.
The stock witnessed a 12.06% gain in the last 1 month and extending the period to 3 months gives it a -19.47%, and is -0.19% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.68% over the week and 4.31% over the month.
LendingClub Corp (LC) has around 1002 employees, a market worth around $1.21B and $1.33B in sales. Current P/E ratio is 23.82 and Fwd P/E is 9.42. Profit margin for the company is 3.80%. Distance from 52-week low is 35.60% and -43.52% from its 52-week high. The company has generated returns on investments over the last 12 months (3.55%).
The EPS is expected to grow by 40.83% this year
The shares outstanding are 114.20M, and float is at 110.28M with Short Float at 4.23%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.97 million shares valued at $101.3 million. The investor’s holdings represent 10.7487 of the LC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.45 million shares valued at $71.49 million to account for 7.5854 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 5.9 million shares representing 5.2952 and valued at over $49.9 million, while JACKSON SQUARE PARTNERS, LLC holds 4.56 of the shares totaling 5.08 million with a market value of $42.97 million.
LendingClub Corp (LC) Insider Activity
LendingClub Corp disclosed in a document filed with the SEC on May 01 ’25 that Sanborn Scott (CEO) sold a total of 5,250 shares of the company’s common stock. The trade occurred on May 01 ’25 and was made at $10.00 per share for $52500.0. Following the transaction, the insider now directly holds 1.29 million shares of the LC stock.
Still, SEC filings show that on Apr 30 ’25, ZEISSER MICHAEL P (Director) acquired 20,000 shares at an average price of $9.35 for $0.19 million. The insider now directly holds 174,138 shares of LendingClub Corp (LC).
