Q1 EPS Estimates for Open Lending Reduced by Northland Capmk

Open Lending Co. (NASDAQ:LPRO) – Analysts at Northland Capmk decreased their Q1 2025 earnings per share estimates for Open Lending in a research report issued on Tuesday, April 1st. Northland Capmk analyst M. Grondahl now expects that the company will post earnings of $0.02 per share for the quarter, down from their previous 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.

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

Open Lending Price Performance

Shares of NASDAQ:LPRO opened at $1.02 on Thursday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 9.42 and a current ratio of 9.42. The firm has a market cap of $121.74 million, a price-to-earnings ratio of 34.00 and a beta of 1.57. The firm has a fifty day moving average price of $4.58 and a 200 day moving average price of $5.43. Open Lending has a fifty-two week low of $1.02 and a fifty-two week high of $6.97.

Open Lending (NASDAQ:LPRO) last posted 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 business had revenue of $24.23 million during the quarter, compared to the consensus estimate of $24.03 million. Open Lending had a return on equity of 2.15% and a net margin of 4.78%. During the same quarter in the previous year, the company earned ($0.04) earnings per share.

Institutional Investors Weigh In On Open Lending

Large investors have recently added to or reduced their stakes in the stock. R Squared Ltd bought a new stake in shares of Open Lending in the 4th quarter valued at approximately $25,000. Quantbot Technologies LP purchased a new stake in Open Lending during the 4th quarter valued at $54,000. Quantinno Capital Management LP bought a new stake in Open Lending in the third quarter worth $68,000. Ameriprise Financial Inc. purchased a new position in Open Lending during the fourth quarter worth $80,000. Finally, BNP Paribas Financial Markets bought a new position in Open Lending during the fourth quarter valued at $87,000. 78.06% of the stock is 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.