Northland Capmk Comments on Open Lending Q1 Earnings

Open Lending Co. (NASDAQ:LPRO) – Northland Capmk issued their Q1 2025 earnings per share (EPS) estimates for Open Lending in a report issued on Monday, October 14th. Northland Capmk analyst M. Grondahl expects that the company will post earnings per share of $0.07 for the quarter. The consensus estimate for Open Lending’s current full-year earnings is $0.18 per share. Northland Capmk also issued estimates for Open Lending’s Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.07 EPS and FY2025 earnings at $0.29 EPS.

Other analysts also recently issued research reports about the stock. Needham & Company LLC reissued a “hold” rating on shares of Open Lending in a report on Wednesday, October 2nd. DA Davidson cut their price target on Open Lending from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Monday, August 12th. Morgan Stanley lowered their price target on shares of Open Lending from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Friday, August 9th. Finally, JMP Securities lowered their target price on Open Lending from $8.00 to $7.00 and set a “market outperform” rating on the stock in a report on Friday, August 9th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Open Lending currently has a consensus rating of “Hold” and an average target price of $6.56.

Open Lending Stock Performance

NASDAQ LPRO opened at $5.80 on Wednesday. Open Lending has a 52-week low of $4.57 and a 52-week high of $8.70. The company has a quick ratio of 13.32, a current ratio of 13.32 and a debt-to-equity ratio of 0.63. The business’s 50-day moving average price is $5.71 and its 200 day moving average price is $5.76. The firm has a market cap of $691.16 million, a P/E ratio of 52.73 and a beta of 1.12.

Open Lending (NASDAQ:LPRO) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.03). Open Lending had a return on equity of 2.90% and a net margin of 6.25%. The company had revenue of $26.73 million for the quarter, compared to analysts’ expectations of $31.03 million. During the same period in the prior year, the company posted $0.09 EPS. The firm’s revenue was down 29.9% compared to the same quarter last year.

Institutional Trading of Open Lending

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new position in shares of Open Lending in the third quarter worth approximately $155,000. Cubist Systematic Strategies LLC acquired a new position in Open Lending in the 2nd quarter worth approximately $33,000. Point72 Asset Management L.P. purchased a new position in Open Lending during the 2nd quarter worth approximately $110,000. Algert Global LLC raised its stake in Open Lending by 3.7% during the 2nd quarter. Algert Global LLC now owns 398,913 shares of the company’s stock valued at $2,226,000 after purchasing an additional 14,191 shares during the period. Finally, SkyView Investment Advisors LLC raised its stake in Open Lending by 100.0% during the 2nd quarter. SkyView Investment Advisors LLC now owns 20,000 shares of the company’s stock valued at $112,000 after purchasing an additional 10,000 shares during the period. 78.06% of the stock is currently owned by institutional investors.

About Open Lending

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. The company offers Lenders Protection Program (LPP), which is a cloud-based automotive lending platform that provides loan analytics solutions and automated issuance of credit default insurance with third-party insurance providers.