LPRO Stock Price, Open Lending Corp Quote, Chart

Market Summary

USD4.93+0.06

Market Closed

1.23%

LPRO Alerts

1 major insider sales recently.

LPRO Stock Price

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LPRO RSI Chart

LPRO Valuation

Market Cap

578.9M

Price/Earnings (Trailing)

26.23

Price/Sales (Trailing)

4.93

EV/EBITDA

8.33

Price/Free Cashflow

7.01

LPRO Price/Sales (Trailing)

LPRO Profitability

Operating Margin

84.15%

EBT Margin

24.57%

Return on Equity

10.74%

Return on Assets

5.9%

Free Cashflow Yield

14.26%

LPRO Fundamentals

LPRO Revenue

Revenue (TTM)

117.5M

Rev. Growth (Yr)

-44.3%

Rev. Growth (Qtr)

-42.56%

LPRO Earnings

Earnings (TTM)

22.1M

Earnings Growth (Yr)

-15.59%

Earnings Growth (Qtr)

-261.24%

Breaking Down LPRO Revenue

Last 7 days

2.3%

Last 30 days

-20.0%

Last 90 days

-36.0%

Trailing 12 Months

-26.4%

How does LPRO drawdown profile look like?

LPRO Financial Health

Current Ratio

14.08

LPRO Investor Care

Buy Backs (1Y)

3.89%

Diluted EPS (TTM)

0.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	167.9M	154.0M	129.3M	117.5M
2022	221.7M	212.6M	204.4M	179.6M
2021	135.5M	174.5M	203.7M	215.7M
2020	90.8M	87.7M	95.3M	108.9M
2019	62.4M	72.5M	82.7M	92.8M
2018	0	0	0	52.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Open Lending Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 12, 2024	jehl charles d	sold (taxes)	-5,766	5.09	-1,133	see remarks
Apr 12, 2024	jehl charles d	acquired	-	-	4,655	see remarks
Mar 21, 2024	flynn john joseph	sold	-367,290	7.3458	-50,000	-
Mar 15, 2024	nguyen thinh	sold (taxes)	-22,164	6.67	-3,323	chief information officer
Mar 15, 2024	lackey sarah	acquired	-	-	11,532	chief technology officer
Mar 15, 2024	jezek keith	acquired	-	-	59,523	chief executive officer
Mar 15, 2024	lackey sarah	sold (taxes)	-18,729	6.67	-2,808	chief technology officer
Mar 15, 2024	roe matthew	sold (taxes)	-19,022	6.67	-2,852	chief revenue officer
Mar 15, 2024	nguyen thinh	acquired	-	-	11,718	chief information officer
Mar 15, 2024	roe matthew	acquired	-	-	11,718	chief revenue officer

Which funds bought or sold LPRO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	RAYMOND JAMES TRUST N.A.	added	4.64	-210,311	702,929	0.02%
Apr 24, 2024	True Wind Capital Management, L.P.	unchanged	-	-16,976,600	47,232,600	24.15%
Apr 23, 2024	AMALGAMATED BANK	reduced	-74.07	-95,000	23,000	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	16.23	-1,036,300	6,112,010	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	64,995	464,799	-%
Apr 18, 2024	WASATCH ADVISORS LP	added	3.51	-31,563,900	100,749,000	0.53%
Apr 15, 2024	Future Financial Wealth Managment LLC	new	-	62.00	62.00	-%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	new	-	327,817	327,817	0.01%
Apr 15, 2024	Sound Income Strategies, LLC	unchanged	-	-180	501	-%
Apr 15, 2024	Legato Capital Management LLC	unchanged	-	-74,518	207,325	0.03%

Are Funds Buying or Selling LPRO?

Are funds buying LPRO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LPRO

No. of Funds

LPRO Alerts

1 major insider sales recently.

Unveiling Open Lending Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	price t rowe associates inc /md/	8.9%	10,705,325	SC 13G/A
Feb 13, 2024	working capital management pte. ltd.	5.9%	7,088,535	SC 13G/A
Feb 13, 2024	vanguard group inc	7.91%	9,474,464	SC 13G/A
Feb 09, 2024	wasatch advisors lp	-	0	SC 13G/A
Jan 29, 2024	blackrock inc.	6.1%	7,333,212	SC 13G/A
Sep 25, 2023	working capital management pte. ltd.	5.3%	6,430,185	SC 13G
May 10, 2023	price t rowe associates inc /md/	10.2%	12,334,933	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	8.7%	11,025,374	SC 13G
Feb 09, 2023	vanguard group inc	7.34%	9,271,675	SC 13G/A
Feb 08, 2023	wasatch advisors inc	-	0	SC 13G/A

Recent SEC filings of Open Lending Corp

View All Filings

Date Filed	Form Type	Document
Apr 16, 2024	4	Insider Trading
Apr 11, 2024	ARS	ARS
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	DEFA14A	DEFA14A
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading

Peers (Alternatives to Open Lending Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MA	436.3B	25.1B	-2.88%	25.45%	38.97	17.38	12.87%	12.74%
AXP	166.1B	62.0B	5.79%	53.16%	18.47	2.68	11.96%	24.39%
PYPL	68.7B	29.8B	-1.76%	-9.67%	16.18	2.31	8.19%	75.53%
COF	55.5B	41.9B	5.91%	56.77%	11.24	1.32	34.26%	32.87%
DFS	31.5B	17.8B	3.03%	26.80%	10.65	1.76	38.72%	-32.51%
ALLY	11.9B	14.0B	0.84%	55.43%	11.66	0.85	31.42%	-40.49%
MID-CAP
CACC	6.4B	1.9B	-4.80%	9.92%	22.46	3.38	3.79%	-46.60%
FCFS	6.0B	3.2B	7.51%	37.67%	27.16	1.89	15.50%	-13.49%
WU	4.4B	4.4B	-0.66%	26.77%	7.17	1.01	0.29%	-19.79%
NNI	3.5B	1.1B	2.92%	1.17%	38.52	3.18	8.54%	-77.53%
SMALL-CAP
ENVA	1.7B	2.2B	4.80%	33.33%	9.62	0.74	22.40%	-16.16%
ATLC	363.6M	1.2B	-16.29%	-10.91%	3.54	0.31	10.41%	-24.15%
CPSS	186.8M	352.0M	17.24%	-6.46%	4.12	0.53	6.77%	-47.27%
AIHS	7.8M	7.3M	-18.81%	-5.75%	-2.03	1.07	-51.06%	-195.09%
CURO	3.7M	853.2M	-40.00%	-95.05%	-0.01	0	-15.13%	-1364.54%

Open Lending Corp News

Latest updates

Open Lending Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-42.6%	15.00	26.00	38.00	38.00	27.00	51.00	52.00	50.00	52.00	59.00	61.00	44.00	40.00	30.00	22.00	17.00	26.00	22.00	25.00	19.00	-
Cost Of Revenue	-	-	-	-	-	-	-	-	-	5.00	6.00	4.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	-	-
Gross Profit	-53.6%	10.00	21.00	32.00	33.00	22.00	45.00	47.00	45.00	47.00	53.00	57.00	41.00	37.00	27.00	20.00	15.00	24.00	20.00	23.00	18.00	-
Operating Expenses	10.9%	18.00	16.00	16.00	16.00	17.00	18.00	14.00	13.00	12.00	12.00	12.00	11.00	-	-	-	-	-	-	-	-	-
S&GA Expenses	-3.5%	4.00	5.00	4.00	4.00	4.00	6.00	4.00	4.00	3.00	3.00	3.00	2.00	2.00	2.00	1.00	2.00	2.00	2.00	2.00	-	-
R&D Expenses	-12.6%	2.00	2.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	-	-
EBITDA Margin	-14.1%	0.35*	0.40*	0.47*	0.52*	0.56*	0.63*	0.67*	0.95*	0.92*	0.90*	0.45*	-0.49*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.8%	3.00	3.00	3.00	2.00	2.00	2.00	1.00	1.00	0.00	1.00	1.00	3.00	4.00	4.00	4.00	1.00	0.00	0.00	0.00	-	-
Income Taxes	-306.6%	-3.10	2.00	4.00	4.00	8.00	2.00	9.00	8.00	7.00	10.00	23.00	5.00	1.00	4.00	1.00	0.00	0.00	0.00	0.00	-	-
Earnings Before Taxes	-275.5%	-7.96	5.00	16.00	17.00	4.00	26.00	32.00	31.00	35.00	40.00	99.00	17.00	16.00	-67.11	-48.45	8.00	17.00	15.00	18.00	-	-
EBT Margin	-22.3%	0.25*	0.32*	0.41*	0.47*	0.52*	0.61*	0.65*	0.93*	0.89*	0.85*	0.38*	-0.60*	-	-	-	-	-	-	-	-	-
Net Income	-261.2%	-4.84	3.00	11.00	13.00	-4.19	25.00	23.00	23.00	28.00	29.00	76.00	13.00	15.00	-71.13	-49.80	8.00	17.00	15.00	17.00	13.00	-
Net Income Margin	7.0%	0.19*	0.18*	0.29*	0.33*	0.37*	0.48*	0.49*	0.71*	0.68*	0.66*	0.19*	-0.69*	-	-	-	-	-	-	-	-	-
Free Cashflow	-17.6%	17.00	20.00	16.00	29.00	22.00	31.00	22.00	32.00	27.00	34.00	13.00	19.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Assets	-2.4%	374	383	387	373	380	399	367	343	319	293	261	327	294	295	187	79.00
Current Assets	-1.4%	290	294	285	272	281	283	259	221	203	166	134	191	163	157	53.00	45.00
Cash Equivalents	3.3%	240	233	224	211	204	205	171	150	120	94.00	60.00	130	104	118	29.00	10.00
Net PPE	5.4%	4.00	4.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	1.00	1.00	1.00	0.00
Liabilities	-0.1%	168	169	168	167	167	166	159	159	160	166	164	287	267	261	651	-
Current Liabilities	3.1%	21.00	20.00	18.00	17.00	15.00	17.00	14.00	12.00	12.00	17.00	15.00	19.00	17.00	13.00	12.00	8.00
LT Debt, Non Current	-	-	-	-	-	144	-	-	-	143	-	-	-	153	-	-	-
Shareholder's Equity	-4.3%	206	215	219	206	213	233	207	183	159	128	97.00	40.00	27.00	34.00	-	-
Retained Earnings	-2.6%	-193	-188	-191	-203	-215	-211	-236	-259	-282	-310	-339	-415	-428	-443	-372	-242
Additional Paid-In Capital	-0.4%	502	504	501	501	500	500	499	498	497	494	493	492	491	476	-92.91	8.00
Shares Outstanding	-0.6%	119	119	121	121	124	126	126	126	126	126	127	127	-	-	-	-
Float	-	-	-	800	-	-	-	900	-	-	-	3,900	-	-	-	739	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																				(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2018Q4
Cashflow From Operations	-17.6%	16,755	20,324	16,071	29,508	22,434	31,410	21,655	31,932	26,733	35,440	14,148	18,835	8,265	4,369	4,931	7,075	12,624	12,095	-	-
Share Based Compensation	0.1%	2,666	2,663	2,319	1,844	1,885	1,295	988	1,281	1,089	1,098	927	701	152	-	2,189	487	487	487	-	-
Cashflow From Investing	20.8%	-590	-745	-508	-335	13.00	-273	-178	-186	-202	-944	-838	-3.00	-99.00	-673	-341	-83.00	-33.00	-9.00	-	-
Cashflow From Financing	27.8%	-7,907	-10,950	-1,083	-22,390	-19,084	2,912	-805	-820	-782	-781	-82,907	6,662	-21,784	85,406	-16,238	23,422	-12,677	-10,803	-	-
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	218	-	1,227	134,153	12,040	10,182	-	-
Buy Backs	-40.6%	6,000	10,107	-205	21,528	18,018	-	-	-	-	-10,764	20,000	21,528	-	-	-	-	-	-	-	-

LPRO Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenue	$ 117,460	$ 179,594	$ 215,655
Cost of services	22,282	19,968	18,621
Gross profit	95,178	159,626	197,034
Operating expenses
General and administrative	43,043	35,950	30,393
Selling and marketing	17,485	17,856	12,000
Research and development	5,575	8,205	4,352
Total operating expenses	66,103	62,011	46,745
Operating income	29,075	97,615	150,289
Interest expense	(10,661)	(5,832)	(5,859)
Interest income	10,335	1,995	213
Gain on extinguishment of tax receivable agreement	0	0	55,422
Loss on extinguishment of debt	0	0	(8,778)
Other expense, net	109	(238)	(119)
Income before income taxes	28,858	93,540	191,168
Income tax expense	6,788	26,920	45,086
Net income	$ 22,070	$ 66,620	$ 146,082
Net income per common share
Basic (in dollars per share)	$ 0.18	$ 0.53	$ 1.16
Diluted (in dollars per share)	$ 0.18	$ 0.53	$ 1.16
Weighted average common shares outstanding
Basic (in shares)	120,826,644	126,108,329	126,354,597
Diluted (in shares)	121,474,880	126,261,614	126,390,435
Profit share
Revenue
Total revenue	$ 43,301	$ 90,056	$ 133,215
Program fees
Revenue
Total revenue	64,092	80,611	75,630
Claims administration and other service fees
Revenue
Total revenue	$ 10,067	$ 8,927	$ 6,810

LPRO Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 240,206	$ 204,450
Restricted cash	6,463	4,069
Accounts receivable, net	4,616	5,721
Current contract assets, net	28,704	54,429
Income tax receivable	7,035	9,714
Other current assets	2,852	2,361
Total current assets	289,876	280,744
Fixed assets, net	3,913	2,573
Operating lease right-of-use asset, net	3,990	4,610
Contract assets	610	21,001
Deferred tax asset, net	70,113	65,128
Other assets	5,535	5,575
Total assets	374,037	379,631
Current liabilities
Accounts payable	375	288
Accrued expenses	8,131	6,388
Current portion of debt	4,688	3,750
Third-party claims administration liability	6,464	4,055
Other current liabilities	932	626
Total current liabilities	20,590	15,107
Long-term debt, net of deferred financing costs	139,357	143,683
Operating lease liabilities	3,450	4,082
Other liabilities	5,060	3,935
Total liabilities	168,457	166,807
Commitments and contingencies
Stockholders’ equity
Preferred stock, $0.01 par value; 10,000,000 shares authorized and none issued and outstanding	0	0
Common stock, $0.01 par value; 550,000,000 shares authorized, 128,198,185 shares issued and 118,819,795 shares outstanding as of December 31, 2023 and 128,198,185 shares issued and 123,646,059 shares outstanding as of December 31, 2022	1,282	1,282
Additional paid-in capital	502,032	499,625
Accumulated deficit	(193,749)	(215,819)
Treasury stock at cost, 9,378,390 shares at December 31, 2023 and 4,552,126 at December 31, 2022	(103,985)	(72,264)
Total stockholders’ equity	205,580	212,824
Total liabilities and stockholders’ equity	$ 374,037	$ 379,631

About Open Lending Corp

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. It 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. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.

CEO	Mr. Keith A. Jezek
WEBSITE	openlending.com
INDUSTRY	Credit Services
EMPLOYEES	180

Open Lending Corp Frequently Asked Questions

What is the ticker symbol for Open Lending Corp? What does LPRO stand for in stocks?

LPRO is the stock ticker symbol of Open Lending Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Open Lending Corp (LPRO)?

As of Wed Apr 24 2024, market cap of Open Lending Corp is 578.93 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LPRO stock?

You can check LPRO's fair value in chart for subscribers.

What is the fair value of LPRO stock?

You can check LPRO's fair value in chart for subscribers. The fair value of Open Lending Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Open Lending Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LPRO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Open Lending Corp a good stock to buy?

The fair value guage provides a quick view whether LPRO is over valued or under valued. Whether Open Lending Corp is cheap or expensive depends on the assumptions which impact Open Lending Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LPRO.

What is Open Lending Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, LPRO's PE ratio (Price to Earnings) is 26.23 and Price to Sales (PS) ratio is 4.93. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LPRO PE ratio will change depending on the future growth rate expectations of investors.