Seaport Res Ptn Estimates LendingClub Q1 Earnings

LendingClub Co. (NYSE:LC) – Equities research analysts at Seaport Res Ptn issued their Q1 2025 earnings estimates for LendingClub in a research note issued on Tuesday, February 18th. Seaport Res Ptn analyst W. Ryan forecasts that the credit services provider will post earnings per share of $0.13 for the quarter. The consensus estimate for LendingClub’s current full-year earnings is $0.74 per share. Seaport Res Ptn also issued estimates for LendingClub’s Q2 2025 earnings at $0.16 EPS, Q3 2025 earnings at $0.21 EPS and Q4 2025 earnings at $0.25 EPS.

Several other research firms have also issued reports on LC. Wedbush upped their price target on shares of LendingClub from $14.00 to $17.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. restated a “neutral” rating and set a $17.00 price target (up from $14.00) on shares of LendingClub in a research report on Monday, December 2nd. Maxim Group boosted their price objective on LendingClub from $16.00 to $19.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Compass Point raised their target price on shares of LendingClub from $15.00 to $19.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, StockNews.com lowered shares of LendingClub from a “hold” rating to a “sell” rating in a report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $16.38.

LendingClub Stock Performance

LC stock opened at $14.26 on Wednesday. The firm has a market cap of $1.62 billion, a P/E ratio of 31.70 and a beta of 2.00. The firm’s fifty day moving average is $15.62 and its 200 day moving average is $13.83. LendingClub has a 52 week low of $7.48 and a 52 week high of $18.75.

Insider Activity at LendingClub

In other LendingClub news, CEO Scott Sanborn sold 17,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $16.12, for a total value of $274,040.00. Following the completion of the sale, the chief executive officer now directly owns 1,312,184 shares in the company, valued at $21,152,406.08. This trade represents a 1.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Michael P. Zeisser bought 20,000 shares of LendingClub stock in a transaction on Monday, February 3rd. The shares were purchased at an average price of $12.88 per share, for a total transaction of $257,600.00. Following the acquisition, the director now directly owns 148,018 shares in the company, valued at approximately $1,906,471.84. This trade represents a 15.62 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 51,000 shares of company stock worth $777,240 over the last quarter. Corporate insiders own 3.31% of the company’s stock.

Hedge Funds Weigh In On LendingClub

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its stake in shares of LendingClub by 353.1% in the 4th quarter. Wellington Management Group LLP now owns 3,799,585 shares of the credit services provider’s stock worth $61,515,000 after acquiring an additional 2,961,050 shares in the last quarter. Driehaus Capital Management LLC increased its stake in shares of LendingClub by 229.1% during the fourth quarter. Driehaus Capital Management LLC now owns 3,588,799 shares of the credit services provider’s stock valued at $58,103,000 after purchasing an additional 2,498,318 shares in the last quarter. Balyasny Asset Management L.P. lifted its holdings in shares of LendingClub by 196.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 2,131,253 shares of the credit services provider’s stock valued at $34,505,000 after purchasing an additional 1,412,568 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of LendingClub by 158.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,522,360 shares of the credit services provider’s stock worth $24,647,000 after purchasing an additional 933,680 shares in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC bought a new stake in shares of LendingClub in the 4th quarter worth approximately $13,432,000. Hedge funds and other institutional investors own 74.08% of the company’s stock.

About LendingClub

LendingClub Corporation, operates as a bank holding company, that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans.