Q1 EPS Estimates for Open Lending Cut by Northland Capmk

Open Lending Co. (NASDAQ:LPRO) – Research analysts at Northland Capmk reduced their Q1 2025 EPS estimates for shares of Open Lending in a research note issued to investors on Tuesday, April 1st. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of $0.02 for the quarter, down from their prior estimate of $0.05. The consensus estimate for Open Lending’s current full-year earnings is $0.10 per share. Northland Capmk also issued estimates for Open Lending’s Q2 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.02 EPS and Q4 2025 earnings at $0.02 EPS.

Several other research firms have also recently commented on LPRO. Jefferies Financial Group cut Open Lending from a “buy” rating to a “hold” rating and dropped their price objective for the company from $8.00 to $3.70 in a research report on Thursday, March 20th. Needham & Company LLC dropped their price target on shares of Open Lending from $7.00 to $2.00 and set a “buy” rating on the stock in a report on Wednesday. Citizens Jmp started coverage on shares of Open Lending in a report on Friday. They set a “market perform” rating for the company. Finally, DA Davidson dropped their target price on shares of Open Lending from $8.00 to $4.00 and set a “buy” rating on the stock in a report on Wednesday. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Open Lending currently has an average rating of “Hold” and a consensus target price of $4.62.

Open Lending Stock Down 15.0 %

Open Lending stock opened at $1.02 on Thursday. Open Lending has a 12 month low of $1.02 and a 12 month high of $6.97. The stock has a fifty day simple moving average of $4.58 and a two-hundred day simple moving average of $5.43. The company has a current ratio of 9.42, a quick ratio of 9.42 and a debt-to-equity ratio of 0.61. The firm has a market cap of $121.74 million, a price-to-earnings ratio of 34.00 and a beta of 1.57.

Open Lending (NASDAQ:LPRO) last announced its quarterly earnings results on Monday, March 31st. The company reported ($1.21) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($1.23). The firm had revenue of $24.23 million for the quarter, compared to the consensus estimate of $24.03 million. Open Lending had a net margin of 4.78% and a return on equity of 2.15%. During the same period last year, the business earned ($0.04) EPS.

Hedge Funds Weigh In On Open Lending

Institutional investors and hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in Open Lending in the 4th quarter worth $4,326,000. Barclays PLC raised its stake in shares of Open Lending by 363.5% in the third quarter. Barclays PLC now owns 169,024 shares of the company’s stock worth $1,034,000 after buying an additional 132,561 shares during the period. Royce & Associates LP lifted its position in shares of Open Lending by 61.3% during the 4th quarter. Royce & Associates LP now owns 777,035 shares of the company’s stock valued at $4,639,000 after buying an additional 295,395 shares in the last quarter. State Street Corp grew its stake in shares of Open Lending by 2.6% during the 3rd quarter. State Street Corp now owns 2,545,783 shares of the company’s stock valued at $15,580,000 after acquiring an additional 63,450 shares during the period. Finally, Rhumbline Advisers increased its holdings in Open Lending by 3.7% in the 4th quarter. Rhumbline Advisers now owns 146,101 shares of the company’s stock worth $872,000 after acquiring an additional 5,149 shares in the last quarter. Hedge funds and other institutional investors own 78.06% of the company’s stock.

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.