Open Lending/LPRO

$4.63

0%
-
1D1W1MYTD1YMAX

About Open Lending

Open Lending Corporation is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers. The Company provides loan analytics, risk-based pricing, risk modeling and default insurance to auto lenders throughout the United States. It targets the financing needs of near-prime and non-prime borrowers, or borrowers with a credit bureau score generally between 560 and 699. Lenders Protection platform (LPP), the Company's flagship product, is a cloud-based automotive lending platform. LPP supports the full transaction lifecycle, including credit application, underwriting, real-time insurance approval, settlement, servicing, invoicing of insurance premiums and fees and advanced data analytics of the automotive lender's portfolio under the program. Its risk models project loan performance, including expected losses and prepayments, in arriving at the optimal rate. It serves around 454 active lenders.

Ticker

LPRO

Sector

Industrials

Trading on

NASDAQ

Industry

Consumer Financial Services

CEO

Charles Jehl

Employees

210

Headquarters

Austin, United States

Open Lending Metrics

BasicAdvanced
$567.16M
Market cap
26.54
P/E ratio
$0.18
EPS
1.05
Beta
-
Dividend rate
$567.16M
1.05033
$11.99
$4.75
447.9K
14.078
67.787
70.068
20.384
89.19%
5.86%
10.55%
6.15%
26.543
4.829
2.751
2.759
6.872
-34.6%
-66.02%
2.56%

What the Analysts think about Open Lending

Analyst Ratings

Majority rating from 9 analysts.
Buy

Price Targets

Average projection from 9 analysts.
75.16% upside
High $10.00
Low $6.00
$4.63
Current price
$8.11
Average price target

Open Lending Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-32.21% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$14.9M
-42.69%
Net income
$-4.8M
-260%
Profit margin
-32.21%
-379.36%

Open Lending Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 190.91%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.10
$0.09
$0.02
-$0.04
-
Expected
$0.06
$0.09
$0.07
$0.04
$0.05
Surprise
54.8%
0.93%
-70.73%
-190.91%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Open Lending stock?

Open Lending (LPRO) has a market cap of $567.16M as of April 19, 2024.

What is the P/E ratio for Open Lending stock?

The price to earnings (P/E) ratio for Open Lending (LPRO) stock is 26.54 as of April 19, 2024.

Does Open Lending stock pay dividends?

No, Open Lending (LPRO) stock does not pay dividends to its shareholders as of April 19, 2024.

When is the next Open Lending dividend payment date?

Open Lending (LPRO) stock does not pay dividends to its shareholders.

What is the beta indicator for Open Lending?

Open Lending (LPRO) has a beta rating of 1.05. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Open Lending stock price target?

The target price for Open Lending (LPRO) stock is $8.11, which is 75.16% above the current price of $4.63. This is an average based on projections from 9 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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