Open Lending Co. (NASDAQ:LPRO – Free Report) – Stock analysts at Northland Capmk issued their Q1 2025 earnings per share estimates for Open Lending in a research report issued on Monday, October 14th. Northland Capmk analyst M. Grondahl anticipates that the company will post earnings per share of $0.07 for the quarter. The consensus estimate for Open Lending’s current full-year earnings is $0.18 per share. Northland Capmk also issued estimates for Open Lending’s Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.07 EPS and FY2025 earnings at $0.29 EPS.
A number of other research analysts have also recently issued reports on LPRO. Morgan Stanley cut their price objective on Open Lending from $6.00 to $5.00 and set an “equal weight” rating for the company in a report on Friday, August 9th. JMP Securities reduced their price target on shares of Open Lending from $8.00 to $7.00 and set a “market outperform” rating on the stock in a research report on Friday, August 9th. Needham & Company LLC reaffirmed a “hold” rating on shares of Open Lending in a research note on Wednesday, October 2nd. Finally, DA Davidson cut their target price on shares of Open Lending from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Monday, August 12th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $6.56.
Open Lending Price Performance
Open Lending stock opened at $5.93 on Wednesday. The business has a 50 day simple moving average of $5.69 and a 200 day simple moving average of $5.76. The company has a debt-to-equity ratio of 0.63, a current ratio of 13.32 and a quick ratio of 13.32. The company has a market capitalization of $706.65 million, a PE ratio of 53.91 and a beta of 1.12. Open Lending has a one year low of $4.57 and a one year high of $8.70.
Open Lending (NASDAQ:LPRO – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.03). Open Lending had a return on equity of 2.90% and a net margin of 6.25%. The business had revenue of $26.73 million for the quarter, compared to the consensus estimate of $31.03 million. During the same quarter in the prior year, the business earned $0.09 EPS. The firm’s revenue for the quarter was down 29.9% on a year-over-year basis.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Wasatch Advisors LP grew its holdings in shares of Open Lending by 3.5% in the 1st quarter. Wasatch Advisors LP now owns 16,094,115 shares of the company’s stock valued at $100,749,000 after buying an additional 546,166 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Open Lending by 0.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,756,601 shares of the company’s stock valued at $67,337,000 after acquiring an additional 51,276 shares during the period. Sei Investments Co. increased its holdings in shares of Open Lending by 9.4% in the second quarter. Sei Investments Co. now owns 532,852 shares of the company’s stock worth $2,973,000 after acquiring an additional 45,959 shares in the last quarter. EVR Research LP acquired a new stake in shares of Open Lending during the second quarter worth about $2,758,000. Finally, Algert Global LLC lifted its holdings in shares of Open Lending by 3.7% during the 2nd quarter. Algert Global LLC now owns 398,913 shares of the company’s stock valued at $2,226,000 after purchasing an additional 14,191 shares in the last quarter. Institutional investors own 78.06% of the company’s stock.
Open Lending Company Profile
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. The company offers Lenders Protection Program (LPP), which is a cloud-based automotive lending platform that provides loan analytics solutions and automated issuance of credit default insurance with third-party insurance providers.
Featured Articles
- Five stocks we like better than Open Lending
- Dividend Capture Strategy: What You Need to Know
- Johnson & Johnson Stock: Setting the Stage for 2025 Highs
- Why Are These Companies Considered Blue Chips?
- Bank of America Earnings Uncover Shifts in Consumer Spending
- Differences Between Momentum Investing and Long Term Investing
- NVIDIA Stock Continues to Be Wall Street’s Favorite: Here’s Why
Receive News & Ratings for Open Lending Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Open Lending and related companies with MarketBeat.com's FREE daily email newsletter.