Open Net Income Applicable To Common Shares from 2010 to 2026

LPRO Stock  USD 1.85  0.05  2.63%   
Open Lending Net Income Applicable To Common Shares yearly trend continues to be very stable with very little volatility. Net Income Applicable To Common Shares is likely to grow to about 80.4 M this year. Net Income Applicable To Common Shares is the net income that remains after preferred dividends have been deducted, available to common shareholders. View All Fundamentals
 
Net Income Applicable To Common Shares  
First Reported
2010-12-31
Previous Quarter
76.6 M
Current Value
80.4 M
Quarterly Volatility
66 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Open Lending financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Open Lending's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 M, Interest Expense of 13.7 M or Selling General Administrative of 30.2 M, as well as many indicators such as Price To Sales Ratio of 27.99, Dividend Yield of 0.0428 or PTB Ratio of 8.61. Open financial statements analysis is a perfect complement when working with Open Lending Valuation or Volatility modules.
  
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Check out the analysis of Open Lending Correlation against competitors.

Latest Open Lending's Net Income Applicable To Common Shares Growth Pattern

Below is the plot of the Net Income Applicable To Common Shares of Open Lending Corp over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Open Lending's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Open Lending's overall financial position and show how it may be relating to other accounts over time.
Net Income Applicable To Common Shares10 Years Trend
Slightly volatile
   Net Income Applicable To Common Shares   
       Timeline  

Open Net Income Applicable To Common Shares Regression Statistics

Arithmetic Mean8,899,626
Coefficient Of Variation741.79
Mean Deviation52,894,222
Median(13,119,000)
Standard Deviation66,016,158
Sample Variance4358.1T
Range258M
R-Value0.52
Mean Square Error3371T
R-Squared0.27
Significance0.03
Slope6,853,675
Total Sum of Squares69730.1T

Open Net Income Applicable To Common Shares History

202680.4 M
202576.6 M
202266.6 M
2021146.1 M
2020-90.7 M
2019-111.9 M
2018-44.1 M

About Open Lending Financial Statements

Open Lending investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Open Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares76.6 M80.4 M

Pair Trading with Open Lending

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Open Lending position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Open Lending will appreciate offsetting losses from the drop in the long position's value.

Moving against Open Stock

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  0.34BRK-A Berkshire HathawayPairCorr
The ability to find closely correlated positions to Open Lending could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Open Lending when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Open Lending - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Open Lending Corp to buy it.
The correlation of Open Lending is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Open Lending moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Open Lending Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Open Lending can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Open Lending Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Lending's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Open Lending Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Lending Corp Stock:
Check out the analysis of Open Lending Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Will Diversified Capital Markets sector continue expanding? Could Open diversify its offerings? Factors like these will boost the valuation of Open Lending. Expected growth trajectory for Open significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Open Lending data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.56)
Earnings Share
(1.26)
Revenue Per Share
0.142
Quarterly Revenue Growth
0.03
Return On Assets
(0.13)
Understanding Open Lending Corp requires distinguishing between market price and book value, where the latter reflects Open's accounting equity. The concept of intrinsic value—what Open Lending's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Open Lending's price substantially above or below its fundamental value.
Understanding that Open Lending's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Open Lending represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Open Lending's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.