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

LendingClub Corporation (NYSE:LC) has been given a consensus recommendation of “Moderate Buy” by the ten research firms that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $22.00.

A number of research firms recently issued reports on LC. Piper Sandler reaffirmed an “overweight” rating and issued a $23.00 target price on shares of LendingClub in a research report on Thursday, January 29th. Weiss Ratings restated a “hold (c)” rating on shares of LendingClub in a research note on Monday, December 29th. BTIG Research reaffirmed a “buy” rating and set a $26.00 price target on shares of LendingClub in a research report on Thursday, January 29th. Zacks Research lowered LendingClub from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Finally, Wall Street Zen cut LendingClub from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th.

Insider Transactions at LendingClub

In other LendingClub news, Director Erin Selleck sold 2,390 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $15.46, for a total value of $36,949.40. Following the completion of the sale, the director owned 78,767 shares in the company, valued at $1,217,737.82. This trade represents a 2.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 3.19% of the company’s stock.

Institutional Investors Weigh In On LendingClub

Institutional investors and hedge funds have recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. bought a new position in LendingClub during the fourth quarter worth about $63,580,000. Azora Capital LP lifted its position in shares of LendingClub by 258.2% in the third quarter. Azora Capital LP now owns 2,391,190 shares of the credit services provider’s stock valued at $36,322,000 after buying an additional 1,723,658 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of LendingClub by 184.1% in the third quarter. Assenagon Asset Management S.A. now owns 2,121,802 shares of the credit services provider’s stock valued at $32,230,000 after buying an additional 1,375,002 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of LendingClub by 18.8% during the 3rd quarter. Wellington Management Group LLP now owns 7,960,550 shares of the credit services provider’s stock worth $120,921,000 after acquiring an additional 1,261,861 shares during the period. Finally, Marshall Wace LLP increased its holdings in shares of LendingClub by 1,232.2% during the 3rd quarter. Marshall Wace LLP now owns 735,821 shares of the credit services provider’s stock worth $11,177,000 after acquiring an additional 680,589 shares during the last quarter. 74.08% of the stock is owned by institutional investors.

LendingClub Trading Up 0.2%

Shares of LC opened at $14.35 on Wednesday. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 12.47 and a beta of 1.95. LendingClub has a 12 month low of $7.90 and a 12 month high of $21.67. The firm has a fifty day simple moving average of $15.51 and a 200 day simple moving average of $17.17.

LendingClub (NYSE:LC) last issued its quarterly earnings results on Wednesday, January 28th. The credit services provider reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. LendingClub had a net margin of 13.58% and a return on equity of 9.47%. The firm had revenue of $266.47 million for the quarter, compared to analysts’ expectations of $262.88 million. During the same period in the previous year, the firm posted $0.08 EPS. The company’s revenue for the quarter was up 22.7% on a year-over-year basis. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. As a group, research analysts predict that LendingClub will post 0.72 earnings per share for the current fiscal year.

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.