Open Lending CorpLPRO
LPRO
About: Open Lending Corp is engaged in providing automated lending services to financial institutions. The company offers loan analytics, risk-based pricing, risk modeling, and automated decision technology. Its Lenders Protection Program ("LPP") enables automotive lenders to make loans that are largely insured against losses from defaults.
Employees: 210
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
231% more call options, than puts
Call options by funds: $202K | Put options by funds: $61K
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
11% more capital invested
Capital invested by funds: $505M [Q2] → $561M (+$56.3M) [Q3]
0.98% more ownership
Funds ownership: 75.9% [Q2] → 76.88% (+0.98%) [Q3]
1% more funds holding
Funds holding: 136 [Q2] → 137 (+1) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 46
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$7
16%
upside
Avg. target
$7
16%
upside
High target
$7
16%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Needham Kyle Peterson 67% 1-year accuracy 41 / 61 met price target | 16%upside $7 | Buy Upgraded | 29 Jan 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
1 day ago
Open Lending (LPRO) Soars 11.7%: Is Further Upside Left in the Stock?
Open Lending (LPRO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Neutral
GlobeNewsWire
1 week ago
Open Lending Co-Founder, John Flynn, Retires from the Company's Board of Directors
AUSTIN, Texas, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (Nasdaq: LPRO) (the “Company” or “Open Lending”), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced that John J. Flynn, Open Lending co-founder, retired from the Board of Directors on January 16, 2025. On January 17, 2025, Mr. Flynn agreed to serve as a consultant to the Company through the end of 2025.
Positive
Zacks Investment Research
1 month ago
COF or LPRO: Which Is the Better Value Stock Right Now?
Investors interested in Financial - Consumer Loans stocks are likely familiar with Capital One (COF) and Open Lending (LPRO). But which of these two stocks is more attractive to value investors?
Neutral
GlobeNewsWire
1 month ago
Open Lending Secures Third OEM Captive Finance Company Partnership
Agreement demonstrates continued importance of near- and non-prime consumers to captive lenders and Company's industry leadership Agreement demonstrates continued importance of near- and non-prime consumers to captive lenders and Company's industry leadership
Neutral
Business Wire
1 month ago
Open Lending Achieves Milestone of One Million Certified Loans
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, just announced the certification of the one millionth auto loan through its Lenders Protection™ loan decisioning engine. This achievement underscores the Company's ongoing efforts to empower financial institutions to grow their portfolios, create access to vehicle ownership, an.
Neutral
Business Wire
2 months ago
New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, just released a new Near- and Non-Prime Consumer Brief, the latest installment in its quarterly series of data reports on vehicle registrations. The report found that, despite continued challenges in the vehicle market, new vehicle registrations have risen and used vehicle regi.
Neutral
Seeking Alpha
2 months ago
Open Lending Corporation (LPRO) Q3 2024 Earnings Call Transcript
Open Lending Corporation (NASDAQ:LPRO ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Marissa Vidaurri - VP, IR & Corporate Communications Chuck Jehl - CFO & Interim CEO Conference Call Participants Joseph Vafi - Canaccord Peter Heckmann - D.A. Davidson Operator Good afternoon, and welcome to the Open Lending Third Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
2 months ago
Compared to Estimates, Open Lending (LPRO) Q3 Earnings: A Look at Key Metrics
The headline numbers for Open Lending (LPRO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
2 months ago
Open Lending (LPRO) Q3 Earnings and Revenues Miss Estimates
Open Lending (LPRO) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.02 per share a year ago.
Neutral
GlobeNewsWire
3 months ago
Open Lending to Announce Third Quarter 2024 Results on November 7, 2024
AUSTIN, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will host a conference call to discuss third quarter 2024 financial results on Thursday, November 7, 2024, at 5:00pm ET. A press release with third quarter 2024 financial results will be issued after the market closes that same day.
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