Open Lending Corp Stock Today
| LPRO Stock | USD 5.88 0.07 1.18% |
Performance0 of 100
| Odds Of DistressLess than 10
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Open Lending is selling at 5.88 as of the 27th of December 2024; that is 1.18% down since the beginning of the trading day. The stock's open price was 5.95. Open Lending has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 7th of January 2023 and ending today, the 27th of December 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 6th of March 2018 | Classification Financials |
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. Open Lending Corporation was founded in 2000 and is based in Austin, Texas. The company has 119.35 M outstanding shares of which 3.18 M shares are now shorted by private and institutional investors with about 8.09 trading days to cover. More on Open Lending Corp
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ESG Sustainability
Environmental | Governance | Social |
| Interim CEO | Charles Jehl | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Capital Markets, Financial Services, NASDAQ Composite, Financials, Capital Markets, Credit Services, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsOpen Lending can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Open Lending's financial leverage. It provides some insight into what part of Open Lending's total assets is financed by creditors.
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Open Lending Corp (LPRO) is traded on NASDAQ Exchange in USA. It is located in 1501 South Mopac Expressway, Austin, TX, United States, 78746 and employs 210 people. Open Lending is listed under Diversified Capital Markets category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 710.13 M. Open Lending Corp conducts business under Capital Markets sector and is part of Financials industry. The entity has 119.35 M outstanding shares of which 3.18 M shares are now shorted by private and institutional investors with about 8.09 trading days to cover.
Open Lending Corp currently holds about 167.7 M in cash with 82.66 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.33.
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Ownership AllocationOpen Lending owns a total of 119.35 Million outstanding shares. The majority of Open Lending Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Open Lending Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Open Lending. Please pay attention to any change in the institutional holdings of Open Lending Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Open Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Jpmorgan Chase & Co | 2024-09-30 | 1 M | |
| Kornitzer Capital Management Inc | 2024-09-30 | 918 K | |
| Northern Trust Corp | 2024-09-30 | 874.9 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 841.9 K | |
| Goldman Sachs Group Inc | 2024-09-30 | 813.8 K | |
| Palogic Value Management Lp | 2024-09-30 | 725 K | |
| Raymond James & Associates | 2024-09-30 | 715.4 K | |
| Renaissance Technologies Corp | 2024-09-30 | 620.9 K | |
| Cresset Asset Management, Llc | 2024-09-30 | 550.6 K | |
| Wasatch Advisors Lp | 2024-09-30 | 16.6 M | |
| T. Rowe Price Associates, Inc. | 2024-09-30 | 11.7 M |
Open Lending Historical Income Statement
Open Stock Against Markets
Open Lending Corporate Management
| Kevin Filan | Senior Marketing | Profile | |
| Simona Fillarini | Chief Officer | Profile | |
| Richard Watkins | Founder | Profile | |
| Matthew Roe | Chief Officer | Profile | |
| Cecilia Camarillo | Chief Officer | Profile | |
| Thinh Nguyen | Chief Officer | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Open Lending Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Open Lending. If investors know Open will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Open Lending listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share 0.04 | Revenue Per Share 0.805 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0079 |
The market value of Open Lending Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Lending's value that differs from its market value or its book value, called intrinsic value, which is Open Lending's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Open Lending's market value can be influenced by many factors that don't directly affect Open Lending's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Open Lending's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Lending is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Lending's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.