LendingClub Corporation (LC) Analysts See $-0.03 EPS

October 13, 2018 - By Ash

LendingClub Corporation (NYSE:LC) LogoInvestors sentiment decreased to 0.9 in Q2 2018. Its down 0.32, from 1.22 in 2018Q1. It dropped, as 19 investors sold LendingClub Corporation shares while 41 reduced holdings. 15 funds opened positions while 39 raised stakes. 340.47 million shares or 1.57% less from 345.90 million shares in 2018Q1 were reported.
State Common Retirement Fund owns 341,300 shares for 0% of their portfolio. Virginia-based Quantitative Inv Mgmt Limited Company has invested 0.02% in LendingClub Corporation (NYSE:LC). Ontario – Canada-based Canada Pension Plan Investment Board has invested 0.01% in LendingClub Corporation (NYSE:LC). Norwest Venture X Ltd Partnership holds 43.08% in LendingClub Corporation (NYSE:LC) or 12.82M shares. Comerica Savings Bank stated it has 11,174 shares. Nomura Holdings owns 10.94M shares for 0.13% of their portfolio. Swiss Bank holds 0% or 535,900 shares in its portfolio. Teacher Retirement Sys Of Texas holds 0% of its portfolio in LendingClub Corporation (NYSE:LC) for 59,316 shares. D E Shaw holds 0% of its portfolio in LendingClub Corporation (NYSE:LC) for 83,846 shares. Advisory Net Limited Co invested in 3,970 shares. Sands Cap Ltd Liability Corporation owns 70,442 shares. Main Street Research Limited Liability Company invested in 0.01% or 15,000 shares. Northern invested in 0% or 3.85 million shares. Profund Advisors Ltd Limited Liability Company reported 13,956 shares. Blair William & Il invested 0% in LendingClub Corporation (NYSE:LC).

Analysts expect LendingClub Corporation (NYSE:LC) to report $-0.03 EPS on November, 6.They anticipate $0.02 EPS change or 200.00 % from last quarter’s $-0.01 EPS. After having $-0.02 EPS previously, LendingClub Corporation’s analysts see 50.00 % EPS growth. The stock decreased 0.29% or $0.01 during the last trading session, reaching $3.39. About 2.53M shares traded. LendingClub Corporation (NYSE:LC) has declined 46.26% since October 14, 2017 and is downtrending. It has underperformed by 61.88% the S&P500.

LendingClub Corporation (NYSE:LC) Ratings Coverage

Among 5 analysts covering LendingClub Corp (NYSE:LC), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. LendingClub Corp had 6 analyst reports since April 26, 2018 according to SRatingsIntel. On Wednesday, August 8 the stock rating was maintained by Citigroup with “Neutral”. Maxim Group maintained the stock with “Buy” rating in Thursday, April 26 report. The firm has “Neutral” rating by Credit Suisse given on Wednesday, May 9. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, July 19. Citigroup maintained the stock with “Neutral” rating in Monday, July 30 report.

LendingClub Corporation, together with its subsidiaries, operates as an online marketplace that connects borrowers and investors in the United States. The company has market cap of $1.44 billion. The Company’s marketplace facilitates various types of loan products for clients and small businesses, including unsecured personal loans, unsecured education and patient finance loans, auto refinance loans, and small business loans and lines of credit. It currently has negative earnings. The firm also offers investors an opportunity to invest in a range of loans based on term and credit characteristics.

Another recent and important LendingClub Corporation (NYSE:LC) news was published by Seekingalpha.com which published an article titled: “LendingClub settlement fines total $6M (update)” on October 01, 2018.

LendingClub Corporation (NYSE:LC) Ratings Chart

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