Wall Street brokerages expect On Deck Capital Inc (NYSE:ONDK) to report $0.11 earnings per share for the current quarter, Zacks reports. Four analysts have made estimates for On Deck Capital’s earnings, with the highest EPS estimate coming in at $0.13 and the lowest estimate coming in at $0.09. On Deck Capital posted earnings of $0.08 per share in the same quarter last year, which suggests a positive year over year growth rate of 37.5%. The business is scheduled to issue 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 year, with EPS estimates ranging from $0.42 to $0.50. For the next financial year, analysts forecast that the business will post 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 sell-side analysts that follow On Deck Capital.

On Deck Capital (NYSE:ONDK) last released its quarterly earnings results on Tuesday, February 12th. The credit services provider reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.08. The company had revenue of $109.48 million during the quarter, compared to analysts’ expectations of $105.27 million. On Deck Capital had a net margin of 6.95% and a return on equity of 11.80%. The business’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.10 earnings per share.

Several research analysts recently commented on ONDK shares. B. Riley restated a “buy” rating and set a $12.00 target price (down previously from $14.00) on shares of On Deck Capital in a report on Wednesday, February 13th. ValuEngine upgraded shares of On Deck Capital from a “hold” rating to a “buy” rating in a report on Monday, February 4th. Zacks Investment Research cut shares of On Deck Capital from a “buy” rating to a “hold” rating in a report on Thursday, February 14th. Finally, Maxim Group cut shares of On Deck Capital from a “buy” rating to a “hold” rating in a report on Wednesday, February 13th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $9.25.

In other news, Director Ronald F. Verni purchased 6,000 shares of the company’s stock in a transaction on Tuesday, February 19th. The shares were purchased at an average cost of $5.89 per share, with a total value of $35,340.00. Following the completion of the transaction, the director now owns 84,283 shares of the company’s stock, valued at approximately $496,426.87. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Noah Breslow purchased 8,000 shares of the company’s stock in a transaction on Tuesday, February 19th. The shares were purchased at an average cost of $5.93 per share, for a total transaction of $47,440.00. Following the completion of the transaction, the chief executive officer now directly owns 730,644 shares of the company’s stock, valued at approximately $4,332,718.92. The disclosure for this purchase can be found here. Corporate insiders own 7.60% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Deutsche Bank AG raised its position in On Deck Capital by 55.8% during the fourth quarter. Deutsche Bank AG now owns 300,501 shares of the credit services provider’s stock worth $1,772,000 after acquiring an additional 107,649 shares in the last quarter. American Century Companies Inc. raised its position in On Deck Capital by 3.0% during the fourth quarter. American Century Companies Inc. now owns 950,744 shares of the credit services provider’s stock worth $5,609,000 after acquiring an additional 27,527 shares in the last quarter. Geode Capital Management LLC raised its position in On Deck Capital by 51.3% during the fourth quarter. Geode Capital Management LLC now owns 727,650 shares of the credit services provider’s stock worth $4,292,000 after acquiring an additional 246,629 shares in the last quarter. Dimensional Fund Advisors LP raised its position in On Deck Capital by 10.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,877,410 shares of the credit services provider’s stock worth $16,977,000 after acquiring an additional 273,423 shares in the last quarter. Finally, Psagot Investment House Ltd. bought a new stake in On Deck Capital during the fourth quarter worth $261,000. 71.63% of the stock is currently owned by hedge funds and other institutional investors.

Shares of ONDK opened at $5.24 on Friday. On Deck Capital has a 12 month low of $5.09 and a 12 month high of $9.41. The firm has a market cap of $397.75 million, a P/E ratio of 12.19 and a beta of 1.81. The company has a quick ratio of 27.45, a current ratio of 27.45 and a debt-to-equity ratio of 2.68.

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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