Brokerages predict that On Deck Capital, Inc. (NYSE:ONDK) will announce earnings of $0.01 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for On Deck Capital’s earnings, with the highest EPS estimate coming in at $0.03 and the lowest estimate coming in at ($0.02). On Deck Capital posted earnings per share of ($0.18) in the same quarter last year, which suggests a positive year over year growth rate of 105.6%. The business is expected to announce its next quarterly earnings results on Thursday, November 2nd.

On average, analysts expect that On Deck Capital will report full-year earnings of ($0.04) per share for the current financial year, with EPS estimates ranging from ($0.12) to $0.05. For the next fiscal year, analysts anticipate that the company will post earnings of $0.23 per share, with EPS estimates ranging from $0.04 to $0.38. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for On Deck Capital.

On Deck Capital (NYSE:ONDK) last announced its quarterly earnings results on Monday, August 7th. The credit services provider reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.09. The firm had revenue of $86.70 million during the quarter, compared to analysts’ expectations of $88.53 million. On Deck Capital had a negative net margin of 19.20% and a negative return on equity of 24.09%. The company’s revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter last year, the company earned ($0.25) earnings per share.

A number of research firms have issued reports on ONDK. Zacks Investment Research downgraded shares of On Deck Capital from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. BidaskClub raised shares of On Deck Capital from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 8th. FBR & Co raised shares of On Deck Capital from a “market perform” rating to an “outperform” rating and set a $5.00 price objective for the company in a report on Tuesday, May 23rd. ValuEngine raised shares of On Deck Capital from a “strong sell” rating to a “sell” rating in a report on Friday, June 2nd. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $5.00 price objective on shares of On Deck Capital in a report on Friday, July 14th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $5.66.

On Deck Capital (ONDK) opened at 4.67 on Friday. The firm’s 50-day moving average is $4.63 and its 200-day moving average is $4.53. On Deck Capital has a 52 week low of $3.29 and a 52 week high of $6.34. The company’s market cap is $341.53 million.

In other news, CRO Andrea Gellert sold 25,147 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $4.62, for a total transaction of $116,179.14. Following the completion of the sale, the executive now owns 154,440 shares of the company’s stock, valued at approximately $713,512.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 25.40% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Voya Investment Management LLC lifted its holdings in shares of On Deck Capital by 28.4% during the 2nd quarter. Voya Investment Management LLC now owns 28,067 shares of the credit services provider’s stock worth $131,000 after acquiring an additional 6,202 shares during the period. American International Group Inc. lifted its holdings in shares of On Deck Capital by 7.0% during the 1st quarter. American International Group Inc. now owns 29,534 shares of the credit services provider’s stock worth $149,000 after acquiring an additional 1,940 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of On Deck Capital by 58.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 31,951 shares of the credit services provider’s stock worth $149,000 after acquiring an additional 11,751 shares during the period. Nationwide Fund Advisors lifted its holdings in shares of On Deck Capital by 13.4% during the 2nd quarter. Nationwide Fund Advisors now owns 33,891 shares of the credit services provider’s stock worth $158,000 after acquiring an additional 4,010 shares during the period. Finally, Alpine Woods Capital Investors LLC lifted its holdings in shares of On Deck Capital by 40.0% during the 2nd quarter. Alpine Woods Capital Investors LLC now owns 35,010 shares of the credit services provider’s stock worth $163,000 after acquiring an additional 10,000 shares during the period. 53.78% of the stock is owned by institutional investors.

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About On Deck Capital

On Deck Capital, Inc offers an online platform for small business lending. The Company’s platform aggregates and analyzes data points from disparate data sources to assess the creditworthiness of small businesses. Small businesses apply for a term loan or line of credit on the Company’s Website, and using its OnDeck Score, the Company makes a funding decision and transfers the funds.

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