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

LendingClub Corporation (NYSE:LC) has been assigned a consensus recommendation of “Moderate Buy” from the ten brokerages that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $23.0714.

Several research firms have recently commented on LC. Stephens restated an “overweight” rating and set a $22.50 price target (up from $21.00) on shares of LendingClub in a report on Tuesday, April 28th. Zacks Research raised shares of LendingClub from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of LendingClub in a research note on Wednesday, May 6th.

LendingClub Stock Up 0.0%

LendingClub stock opened at $19.21 on Monday. The company’s fifty day simple moving average is $16.92 and its 200-day simple moving average is $17.16. LendingClub has a 12 month low of $10.74 and a 12 month high of $21.67. The stock has a market cap 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, 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 for the quarter, compared to analysts’ expectations of $249.10 million. During the same period in the previous year, the company posted $0.10 EPS. LendingClub’s revenue 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. On average, equities research analysts expect that LendingClub will post 1.74 earnings per share for the current fiscal year.

Insider Buying and Selling at LendingClub

In related news, General Counsel Jordan Cheng sold 5,500 shares of LendingClub stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $17.46, for a total value of $96,030.00. Following the completion of the sale, the general counsel owned 108,074 shares of the company’s stock, valued at approximately $1,886,972.04. The trade was a 4.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Fergal Stack sold 60,000 shares of LendingClub stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $19.00, for a total transaction of $1,140,000.00. Following the completion of the sale, the senior vice president directly owned 204,977 shares of the company’s stock, valued at approximately $3,894,563. The trade was a 22.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 119,750 shares of company stock worth $2,183,691 in the last 90 days. 3.19% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On LendingClub

Institutional investors and hedge funds have recently modified their holdings of the business. Aster Capital Management DIFC Ltd acquired a new stake in shares of LendingClub in the 3rd quarter valued at $26,000. International Assets Investment Management LLC acquired a new position in LendingClub during the 4th quarter worth $40,000. Kestra Advisory Services LLC acquired a new position in LendingClub during the 4th quarter worth $44,000. Quarry LP lifted its position in LendingClub by 343.0% during the 3rd quarter. Quarry LP now owns 3,030 shares of the credit services provider’s stock worth $46,000 after acquiring an additional 2,346 shares during the last quarter. Finally, Larson Financial Group LLC lifted its position 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 during the last quarter. Institutional investors and hedge funds own 74.08% of the company’s stock.

About LendingClub

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.