Open Lending/LPRO

$7.95

-1.97%
-
1D1W1MYTD1YMAX

About Open Lending

Open Lending Corporation is a provider of loan analytics, risk-based loan pricing, risk modeling and automated decision technology for automotive lenders throughout the United States. It provides lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers. It also operates as a third-party administrator that adjudicates insurance claims and premium adjustments on automotive loans. Its flagship product, Lenders Protection Platform (LPP), is a cloud-based automotive lending platform. LPP supports loans made to near prime and non-prime borrowers and is designed to underwrite default insurance by linking automotive lenders to insurance companies. The platform uses risk-based pricing models that enable automotive lenders to assess the credit risk of a potential borrower using data-driven analysis. LPP risk models use a score in assessing and pricing risk on automotive loan applications. It serves over 438 lenders.

Ticker

LPRO

Sector

Industrials

Trading on

NASDAQ

Industry

Consumer Financial Services

CEO

Keith Jezek

Employees

180

Headquarters

Austin, United States

Open Lending Metrics

BasicAdvanced
$971.2M
Market cap
43.46
P/E ratio
$0.19
EPS
1.03
Beta
-
Dividend rate

What the Analysts think about Open Lending

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 10 analysts.
1.26% downside
High $10.00
Low $5.50
$7.95
Current price
$7.85
Average price target

Open Lending Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
11.53% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
$26M
-31.76%
Net income
$3M
-73.45%
Profit margin
11.53%
-61.11%

Open Lending Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 70.73%
QuarterlyAnnual
Q4 22
Q1 23
Q2 23
Q3 23
Q4 23
Actual
-$0.03
$0.10
$0.09
$0.02
-
Expected
$0.10
$0.06
$0.09
$0.07
$0.04
Surprise
-129.73%
54.8%
0.93%
-70.73%
-
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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