Q1 EPS Estimates for Open Lending Cut by Northland Capmk

Open Lending Co. (NASDAQ:LPRO) – Analysts at Northland Capmk lowered their Q1 2025 earnings estimates for Open Lending in a note issued to investors on Tuesday, April 1st. Northland Capmk analyst M. Grondahl now forecasts that the company will earn $0.02 per share for the quarter, down from their prior forecast 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.

LPRO has been the topic of a number of other reports. Needham & Company LLC cut their price target on Open Lending from $7.00 to $2.00 and set a “buy” rating on the stock in a report on Wednesday. DA Davidson cut their target price on Open Lending from $8.00 to $4.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Jefferies Financial Group lowered shares of Open Lending from a “buy” rating to a “hold” rating and decreased their price target for the company from $8.00 to $3.70 in a research report on Thursday, March 20th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $4.62.

Open Lending Stock Performance

Shares of NASDAQ:LPRO opened at $1.28 on Thursday. The firm has a 50 day moving average of $4.74 and a 200 day moving average of $5.49. The company has a quick ratio of 9.42, a current ratio of 9.42 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $152.77 million, a price-to-earnings ratio of 42.67 and a beta of 1.25. Open Lending has a 52 week low of $1.11 and a 52 week high of $6.97.

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

Institutional Investors Weigh In On Open Lending

A number of large investors have recently modified their holdings of LPRO. Raymond James Financial Inc. acquired a new stake in Open Lending in the 4th quarter worth approximately $4,326,000. Barclays PLC lifted its stake in shares of Open Lending by 363.5% during 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 grew its holdings in shares of Open Lending by 61.3% during the fourth 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 during the last quarter. State Street Corp increased its position in shares of Open Lending by 2.6% in 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 position in shares of Open Lending by 3.7% in the 4th quarter. Rhumbline Advisers now owns 146,101 shares of the company’s stock valued at $872,000 after acquiring an additional 5,149 shares during the period. 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.