Open Lending Corporation

Open Lending Corporationverified

LPRO

Price:

$5.495

Market Cap:

$655.30M

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 ROE as of September 2024 (TTM) for Open Lending Corporation (LPRO) is 2.90%

According to Open Lending Corporation’s latest financial reports and current stock price. The company's current ROE is 2.90%. This represents a change of 316.09% compared to the average of 0.70% of the last 4 quarters.

Open Lending Corporation (LPRO) Historical ROE (quarterly & annually)

How has LPRO ROE performed in the past?

The mean historical ROE of Open Lending Corporation over the last ten years is 41.61%. The current 2.90% ROE has changed -93.03% with respect to the historical average. Over the past ten years (40 quarters), LPRO's ROE was at its highest in in the June 2021 quarter at 78.25%. The ROE was at its lowest in in the September 2020 quarter at -207.49%.

Quarterly (TTM)
Annual

Average

41.61%

Median

10.74%

Minimum

-366.48%

Maximum

539.99%

Open Lending Corporation (LPRO) ROE by Quarter and Year

Discovering the peaks and valleys of Open Lending Corporation ROE, 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 = 1.28%

Maximum Annual ROE = 539.99%

Minimum Annual Increase = -353.90%

Minimum Annual ROE = -366.48%

Quarterly (TTM)
Annual
YearROEChange
202310.74%-65.70%
202231.30%-65.93%
202191.89%-125.07%
2020-366.48%1.28%
2019-26.64%-353.90%
201810.49%-98.06%

Open Lending Corporation (LPRO) Average ROE

How has LPRO ROE performed in the past?

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

3-year avg

44.64%

5-year avg

-51.84%

10-year avg

41.61%

Open Lending Corporation (LPRO) ROE vs. Peers

How is LPRO’s ROE compared to its peers?

Open Lending Corporation’s ROE is less than EZCORP, Inc. (10.01%), less than ORIX Corporation (9.54%), less than SLM Corporation (36.63%), less than Navient Corporation (9.56%), less than Enova International, Inc. (14.87%), less than SLM Corporation (36.63%), less than FirstCash Holdings, Inc (11.95%), less than Federal Agricultural Mortgage Corporation (14.30%), less than Federal Agricultural Mortgage Corporation (14.30%), greater than Green Dot Corporation (-6.34%), less than The Western Union Company (120.48%), less than Atlanticus Holdings Corporation (0%), less than Medallion Financial Corp. (23.05%), less than null (12.42%),

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