LendingClub Corporation (NYSE:LC) Given Consensus Rating of “Moderate Buy” by Brokerages

LendingClub Corporation (NYSE:LC) has been assigned a consensus rating of “Moderate Buy” from the nine research firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $23.0714.

Several brokerages recently issued reports on LC. Weiss Ratings restated a “hold (c+)” rating on shares of LendingClub in a report on Wednesday, May 6th. Stephens restated an “overweight” rating and issued a $22.50 price objective (up from $21.00) on shares of LendingClub in a report on Tuesday, April 28th. Finally, Zacks Research upgraded shares of LendingClub from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th.

LendingClub Price Performance

Shares of LendingClub stock opened at $19.21 on Friday. The stock’s 50 day simple moving average is $17.86 and its 200-day simple moving average is $17.13. The stock has a market cap of $2.22 billion, a P/E ratio of 12.89 and a beta of 1.98. LendingClub has a 1-year low of $10.74 and a 1-year high of $21.67.

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

Insider Transactions at LendingClub

In other news, General Counsel Jordan Cheng sold 5,500 shares of LendingClub stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $17.00, for a total value of $93,500.00. Following the completion of the sale, the general counsel directly owned 113,574 shares of the company’s stock, valued at approximately $1,930,758. The trade was a 4.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Fergal Stack sold 60,000 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $19.00, for a total value of $1,140,000.00. Following the transaction, the senior vice president directly owned 204,977 shares in the company, valued at approximately $3,894,563. The trade was a 22.64% 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. In the last ninety days, insiders have sold 119,750 shares of company stock valued at $2,183,691. Corporate insiders own 3.19% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in LC. International Assets Investment Management LLC acquired a new stake in LendingClub during the 4th quarter worth approximately $40,000. Kestra Advisory Services LLC purchased a new stake in shares of LendingClub during the fourth quarter worth approximately $44,000. Quarry LP raised its holdings in LendingClub by 343.0% in the third quarter. Quarry LP now owns 3,030 shares of the credit services provider’s stock valued at $46,000 after acquiring an additional 2,346 shares in the last quarter. Headlands Technologies LLC purchased a new position in LendingClub in the second quarter worth approximately $53,000. Finally, Larson Financial Group LLC grew its holdings in LendingClub by 1,435.4% during the 4th quarter. Larson Financial Group LLC now owns 3,040 shares of the credit services provider’s stock worth $58,000 after acquiring an additional 2,842 shares in the last quarter. Institutional investors and hedge funds 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.