How to Buy Lendingclub Stock
Lendingclub Corp
Lendingclub is a credit service company located in California, United States, which is part of the Financial Services sector, and is traded under the ticker LC on the NYSE exchange.
Lendingclub stock last closed at $9.50, up 1.28% from the previous day, and has increased 24.84% in one year. It has overperformed other stocks in the Credit Services industry by 0.14 percentage points. Lendingclub stock is currently +27.01% from its 52-week low of $7.48, and -49.33% from its 52-week high of $18.75.
At the moment, there are 113.38M shares of LC outstanding. The market cap of LC is $1.08B. In the last 24 hours, 1.03M LC shares were traded.
How to Buy Lendingclub Stock
Wondering how to invest in Lendingclub stock? Here's how.
- Choose where to buy Lendingclub stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Lendingclub stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your payment method and add your information.
- Analyze Lendingclub stock: The Lendingclub ticker symbol is LC. Is Lendingclub stock a good investment? Should you buy shares of LC? How do LC's underlying business fundamentals look? Do top analysts think Lendingclub is a good buy? Why has LC's stock price moved recently? (Hint: Our stock research tools can help you figure out if LC is a good stock to buy).
- Execute your LC trade: Decide if you will purchase LC shares at the current market price or use a limit order to buy LC stock at a particular price.
- Track your investment in LC: Create a watchlist to keep track of your new investment in Lendingclub shares.
Step 1: Choose where to buy Lendingclub stock
You need an online brokerage account in order to access the NYSE market and buy LC stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world markets: From Tech to Industrials, New York to Tokyo (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, it's time to fill out some personal information so you can invest in LC today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on the best stock trading app for beginners, you need to deposit funds:
Check out the tutorial below if you need help transferring money into your new investment account.
Step 4: Analyze Lendingclub stock
Once you have chosen the best place to buy Lendingclub stock, it's absolutely critical to analyze their stock prior to buying, so you actually wrap your head around the risk and upside.
Lendingclub Numbers
Fundamentals of Lendingclub
WallStreetZen was built to help average investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on LC's stock page.
What is the fair value of LC stock?
You can use many financial metrics, analyses, models, and charts to gauge LC's intrinsic value.
Using relative valuations methods:
- LC could be undervalued based on its P/E ratio of 20.65x, relative to Credit Services industry P/E ratio of 28.47x
- LC could be undervalued based on its P/B ratio of 0.8x, relative to Credit Services industry P/B ratio of 5.13x
- LC could be undervalued based on its PEG ratio of 0.35x
You can access more valuation analysis on LC's stock here.
LC Financial Health
Passed Financial Due Diligence Checks:
- LC profit margin has gone up from 4.5% to 6.5% in the past year.
Failed Financial Due Diligence Checks:
- LC has a relatively high debt to equity ratio of 6.92.
- Total LC debt is higher than 5 years ago, relative to shareholder equity.
Is Lendingclub stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Equities analysts who give forecasts on LC, the consensus analyst rating on Lendingclub is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent LC Analyst Recommendations
David Chiaverini, a bottom 17% analyst from Wedbush maintains LC with a buy rating and raises their LC price target from $14.00 to $17.00, on Oct 24, 2024.
You can dive deeper into what analysts are projecting on the Lendingclub stock forecast page.
Metrics for Advanced LC Traders
LC Growth Numbers
Last year, LC earnings were $51.33M. During the past three year, LC's earnings have increased by 112.43% per year. This was faster than the Credit Services industry average of 12.61%.
Last year, LC revenue was $787.01M. During the last five year, LC's revenue has increased by 0.74% per year. This was slower than the Credit Services industry average of 9.73%.
Find out more about LC's earnings and revenue performance here.
Who is buying/selling LC?
Over the last year, executives and large shareholders at LC have sold more shares than they have bought.
Scott Sanborn, CEO of LC, was the latest LC insider to sell. They sold $52,500.00 worth of LC shares on Apr 9, 2025.
Research more about who owns LC stock here.
Does LC stock generate passive income?
No, Lendingclub doesn't provide an income stream by paying out dividends.
What others are saying about LC
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your LC trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you need more help with buying stocks on eToro, click the helpful video below:
Step 6: Track your investment in LC
Now that you own some LC shares, you'll want to keep up with your investment.
Add LC to a watchlist to get alerted to the latest events about your LC stock.
LC Feed
How to Buy Stock in Lendingclub
To reiterate, here are the 6 steps to buy Lendingclub stock:
- Choose where to buy Lendingclub stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze Lendingclub stock
- Execute your LC trade
- Track your investment in LC
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Lendingclub, click the button below.
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