Equities analysts predict that On Deck Capital Inc (NYSE:ONDK) will report $0.11 earnings per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for On Deck Capital’s earnings, with the lowest EPS estimate coming in at $0.09 and the highest estimate coming in at $0.13. On Deck Capital reported earnings per share of $0.08 during the same quarter last year, which suggests a positive year-over-year growth rate of 37.5%. The business is scheduled to announce its next earnings results before the market opens on Thursday, May 2nd.

On average, analysts expect that On Deck Capital will report full-year earnings of $0.47 per share for the current fiscal year, with EPS estimates ranging from $0.42 to $0.50. For the next year, analysts forecast that the firm will report earnings of $0.55 per share, with EPS estimates ranging from $0.43 to $0.65. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that cover On Deck Capital.

On Deck Capital (NYSE:ONDK) last announced its earnings results on Tuesday, February 12th. The credit services provider reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.08. On Deck Capital had a return on equity of 11.80% and a net margin of 6.95%. The company had revenue of $109.48 million for the quarter, compared to analyst estimates of $105.27 million. During the same period in the prior year, the company posted $0.10 EPS. On Deck Capital’s quarterly revenue was up 24.8% on a year-over-year basis.

ONDK has been the subject of a number of research analyst reports. ValuEngine downgraded On Deck Capital from a “hold” rating to a “sell” rating in a report on Friday, March 22nd. Zacks Investment Research downgraded On Deck Capital from a “buy” rating to a “hold” rating in a report on Thursday, February 14th. Maxim Group downgraded On Deck Capital from a “buy” rating to a “hold” rating in a report on Wednesday, February 13th. Finally, B. Riley reiterated a “buy” rating and issued a $12.00 price target (down from $14.00) on shares of On Deck Capital in a report on Wednesday, February 13th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $9.25.

In related news, Director Ronald F. Verni acquired 6,000 shares of the stock in a transaction that occurred on Tuesday, February 19th. The stock was purchased at an average cost of $5.89 per share, for a total transaction of $35,340.00. Following the purchase, the director now directly owns 84,283 shares in the company, valued at $496,426.87. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Noah Breslow acquired 8,000 shares of the stock in a transaction that occurred on Tuesday, February 19th. The shares were bought at an average price of $5.93 per share, with a total value of $47,440.00. Following the completion of the purchase, the chief executive officer now owns 730,644 shares in the company, valued at $4,332,718.92. The disclosure for this purchase can be found here. 7.60% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Nantahala Capital Management LLC grew its stake in shares of On Deck Capital by 7.3% in the fourth quarter. Nantahala Capital Management LLC now owns 4,075,942 shares of the credit services provider’s stock worth $24,048,000 after purchasing an additional 275,797 shares in the last quarter. BlackRock Inc. grew its stake in shares of On Deck Capital by 2.4% in the fourth quarter. BlackRock Inc. now owns 3,674,855 shares of the credit services provider’s stock worth $21,683,000 after purchasing an additional 85,019 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of On Deck Capital by 49.4% in the third quarter. Renaissance Technologies LLC now owns 3,587,800 shares of the credit services provider’s stock worth $27,160,000 after purchasing an additional 1,185,600 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of On Deck Capital by 5.8% in the third quarter. Vanguard Group Inc. now owns 3,576,612 shares of the credit services provider’s stock worth $27,075,000 after purchasing an additional 196,912 shares in the last quarter. Finally, Vanguard Group Inc grew its stake in shares of On Deck Capital by 5.8% in the third quarter. Vanguard Group Inc now owns 3,576,612 shares of the credit services provider’s stock worth $27,075,000 after purchasing an additional 196,912 shares in the last quarter. Hedge funds and other institutional investors own 71.63% of the company’s stock.

Shares of NYSE ONDK traded up $0.04 during trading on Friday, reaching $5.24. The stock had a trading volume of 572,773 shares, compared to its average volume of 565,090. On Deck Capital has a one year low of $5.09 and a one year high of $9.41. The company has a current ratio of 27.45, a quick ratio of 27.45 and a debt-to-equity ratio of 2.68. The company has a market capitalization of $397.75 million, a price-to-earnings ratio of 12.19 and a beta of 1.81.

About On Deck Capital

On Deck Capital, Inc operates an online platform for small business lending in the United States, Canada, and Australia. It offers term loans and lines of credit. The company also provides technology and services platform that facilitates online lending to small business customers for banks. It distributes its products through direct marketing channel, strategic partners, and funding advisors.

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