Open Lending Corporation

Open Lending Corporationverified

LPRO

Price:

$5.49

Market Cap:

$654.70M

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through 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...[Read more]

Industry

Financial - Credit Services

IPO Date

2018-03-26

Stock Exchange

NASDAQ

Ticker

LPRO

The Enterprise Value as of September 2024 (TTM) for Open Lending Corporation (LPRO) is 548.63M

According to Open Lending Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 548.63M. This represents a change of -23.74% compared to the average of 719.39M of the last 4 quarters.

Open Lending Corporation (LPRO) Historical Enterprise Value (quarterly & annually)

How has LPRO Enterprise Value performed in the past?

The mean historical Enterprise Value of Open Lending Corporation over the last ten years is 1.31B. The current 548.63M Enterprise Value has changed 4.09% with respect to the historical average. Over the past ten years (40 quarters), LPRO's Enterprise Value was at its highest in in the June 2021 quarter at 5.53B. The Enterprise Value was at its lowest in in the June 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

1.31B

Median

900.15M

Minimum

301.76M

Maximum

2.96B

Open Lending Corporation (LPRO) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Open Lending Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 654.64%

Maximum Annual Enterprise Value = 2.96B

Minimum Annual Increase = -72.23%

Minimum Annual Enterprise Value = 301.76M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023929.06M16.38%
2022798.30M-72.23%
20212.87B-2.88%
20202.96B654.64%
2019392.27M-56.42%
2018900.15M198.30%

Open Lending Corporation (LPRO) Average Enterprise Value

How has LPRO Enterprise Value performed in the past?

The current Enterprise Value of Open Lending Corporation (LPRO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.53B

5-year avg

1.59B

10-year avg

1.31B

Open Lending Corporation (LPRO) Enterprise Value vs. Peers

How is LPRO’s Enterprise Value compared to its peers?

Open Lending Corporation’s Enterprise Value is less than EZCORP, Inc. (976.18M), less than ORIX Corporation (9.20T), less than SLM Corporation (4.62B), less than Navient Corporation (50.58B), less than Enova International, Inc. (5.06B), less than SLM Corporation (4.62B), less than FirstCash Holdings, Inc (7.15B), less than Federal Agricultural Mortgage Corporation (27.62B), less than Federal Agricultural Mortgage Corporation (27.62B), greater than Green Dot Corporation (-626891175.00), less than The Western Union Company (5.56B), less than Atlanticus Holdings Corporation (0), less than Medallion Financial Corp. (2.16B), less than null (2.37B),

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