OnDeck Reports First Quarter 2016 Financial Results

Jefferies Downgrades On Deck Capital (ONDK) to Hold

Jefferies downgraded On Deck Capital (NYSE: ONDK) from Buy to Hold with a price target of $6.50 (from $18.00).

Jefferies US Internet Team commented, "On Deck reported below guidance and expectations on weak total originations and fewer Marketplace loan sales. Guidance was disappointing too -... More

Sterne Agee CRT Downgrades On Deck Capital (ONDK) to Underperform

Sterne Agee CRT downgraded On Deck Capital (NYSE: ONDK) from Neutral to Underperform.

For an analyst ratings summary and ratings history on On Deck Capital click here. For more ratings news on On Deck Capital click here.

Shares of On Deck Capital closed at $8.30 yesterday.

Needham & Company Downgrades On Deck Capital (ONDK) to Hold

Needham & Company downgraded On Deck Capital (NYSE: ONDK) from Buy to Hold.

Analyst Mayank Tandon commented, "We are downgrading ONDK to a HOLD from a BUY following a disappointing 1Q, sharp reduction in guidance, and increased uncertainty on the path to... More

Compass Point Cut Price Target as On Deck Capital (ONDK) Reports Weak 1Q

Compass Point maintained a Neutral rating on On Deck Capital (NYSE: ONDK), and cut the price target to $6.00 (from $7.50), following the company's 1Q earnings report. Adjusted EPS of ($0.13) missed consensus estimates of ($0.08). Gross revenue of $62.6M rose 11% YOY. Management now projects 2016 gross revenues of $278-$288M from $320- $328M previously (and vs. consensus of $315M).

Analyst... More

BTIG Downgrades On Deck Capital (ONDK) to Neutral

BTIG downgraded On Deck Capital (NYSE: ONDK) from Buy to Neutral and removed its price target (prior $15.00). The downgrade follows disappointing Q1 results and guidance.

For an analyst ratings summary and ratings history on On Deck Capital... More

FBR Capital Downgrades On Deck Capital (ONDK) to Market Perform

FBR Capital downgraded On Deck Capital (NYSE: ONDK) from Outperform to Market Perform with a price target of $6.50 (from $11.00).

Analyst Bob Ramsey commented, "We downgrade shares of On Deck Capital to Market Perform (from Outperform) and reduce our price target to $6.50 (from $11) given a longer... More

On Deck Capital (ONDK) Misses Q1 EPS by 6c

On Deck Capital (NYSE: ONDK) reported Q1 EPS of ($0.13), $0.06 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $62.6 million versus the consensus estimate of $69.37 million.

For earnings history and earnings-related data on On Deck Capital (ONDK) click here.