LendingClub Corporation (NYSE:LC) Receives Average Rating of “Moderate Buy” from Brokerages

LendingClub Corporation (NYSE:LC) has earned a consensus rating of “Moderate Buy” from the ten analysts that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $23.0714.

LC has been the topic of a number of analyst reports. Zacks Research raised shares of LendingClub from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of LendingClub in a report on Wednesday, May 6th. Finally, Stephens reaffirmed an “overweight” rating and set a $22.50 target price (up from $21.00) on shares of LendingClub in a report on Tuesday, April 28th.

LendingClub Price Performance

LendingClub stock opened at $19.21 on Monday. LendingClub has a one year low of $10.74 and a one year high of $21.67. The business has a fifty day moving average price of $16.92 and a 200-day moving average price of $17.15. The firm has a market capitalization of $2.22 billion, a P/E ratio of 12.89 and a beta of 1.98.

LendingClub (NYSE:LC) last posted its quarterly earnings results on Monday, April 27th. The credit services provider reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.06. The firm had revenue of $252.25 million during the quarter, compared to analyst estimates of $249.10 million. LendingClub had a return on equity of 11.92% and a net margin of 16.99%.The business’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period last year, the company earned $0.10 earnings per share. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q2 2026 guidance at 0.400-0.450 EPS. Sell-side analysts expect that LendingClub will post 1.74 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Scott Sanborn sold 4,899 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $18.00, for a total transaction of $88,182.00. Following the sale, the chief executive officer owned 1,589,813 shares of the company’s stock, valued at approximately $28,616,634. This represents a 0.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jordan Cheng sold 5,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $17.46, for a total transaction of $96,030.00. Following the sale, the general counsel directly owned 108,074 shares in the company, valued at $1,886,972.04. This trade represents a 4.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 119,750 shares of company stock worth $2,183,691. Insiders own 3.31% of the company’s stock.

Hedge Funds Weigh In On LendingClub

A number of institutional investors have recently made changes to their positions in LC. AQR Capital Management LLC increased its holdings in shares of LendingClub by 165.1% in the 1st quarter. AQR Capital Management LLC now owns 33,788 shares of the credit services provider’s stock worth $349,000 after buying an additional 21,045 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of LendingClub by 1.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 852,005 shares of the credit services provider’s stock worth $8,793,000 after buying an additional 12,019 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of LendingClub by 3.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 300,658 shares of the credit services provider’s stock worth $3,103,000 after buying an additional 11,407 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of LendingClub by 105.9% in the 2nd quarter. Cetera Investment Advisers now owns 28,870 shares of the credit services provider’s stock worth $347,000 after buying an additional 14,851 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of LendingClub by 10.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 585,163 shares of the credit services provider’s stock worth $7,040,000 after buying an additional 57,309 shares during the last quarter. Institutional investors own 74.08% of the company’s stock.

LendingClub Company Profile

LendingClub Corporation operates an online lending marketplace that connects borrowers seeking personal and small business credit with individual and institutional investors. The platform leverages technology to streamline the loan application and underwriting process, offering unsecured personal loans, auto refinancing, and small business loans. In addition to lending products, LendingClub provides high-yield savings accounts and certificates of deposit through its banking charter, following its acquisition of Radius Bank in 2021.

Founded in 2006 by Renaud Laplanche, LendingClub pioneered peer-to-peer lending in the United States, helping to democratize access to credit and investment opportunities.