Brokers Set Expectations for Open Lending Co.’s Q1 2025 Earnings (NASDAQ:LPRO)

Open Lending Co. (NASDAQ:LPRO) – Investment analysts at Northland Capmk issued their Q1 2025 earnings per share (EPS) estimates for Open Lending in a report released on Monday, October 14th. Northland Capmk analyst M. Grondahl anticipates that the company will earn $0.07 per share 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.

Open Lending (NASDAQ:LPRO) last released its quarterly earnings results 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 firm had revenue of $26.73 million for the quarter, compared to analyst estimates of $31.03 million. During the same period last year, the company earned $0.09 EPS. The company’s revenue was down 29.9% compared to the same quarter last year.

A number of other equities analysts also recently commented on LPRO. Needham & Company LLC restated a “hold” rating on shares of Open Lending in a research note on Wednesday, October 2nd. DA Davidson decreased 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. JMP Securities dropped their price objective on Open Lending from $8.00 to $7.00 and set a “market outperform” rating on the stock in a research note on Friday, August 9th. Finally, Morgan Stanley lowered their target price on shares of Open Lending from $6.00 to $5.00 and set an “equal weight” rating on the stock in a report on Friday, August 9th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $6.56.

Open Lending Stock Performance

Shares of LPRO opened at $5.93 on Wednesday. The stock has a market capitalization of $706.65 million, a price-to-earnings ratio of 53.91 and a beta of 1.12. Open Lending has a 12 month low of $4.57 and a 12 month high of $8.70. The firm has a fifty day simple moving average of $5.69 and a 200 day simple moving average of $5.76. The company has a current ratio of 13.32, a quick ratio of 13.32 and a debt-to-equity ratio of 0.63.

Institutional Trading of Open Lending

Several institutional investors have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC bought a new stake in shares of Open Lending in the second quarter valued at about $33,000. SlateStone Wealth LLC bought a new position in Open Lending in the second quarter valued at about $70,000. QRG Capital Management Inc. raised its stake in Open Lending by 24.0% during the second quarter. QRG Capital Management Inc. now owns 14,587 shares of the company’s stock worth $81,000 after acquiring an additional 2,824 shares in the last quarter. Point72 Asset Management L.P. bought a new position in shares of Open Lending in the second quarter worth about $110,000. Finally, SkyView Investment Advisors LLC lifted its holdings in shares of Open Lending by 100.0% in the second quarter. SkyView Investment Advisors LLC now owns 20,000 shares of the company’s stock worth $112,000 after acquiring an additional 10,000 shares during the last quarter. 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.