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NYSE:LDI

loanDepot (LDI) Stock Price, News & Analysis

$2.82
+0.06 (+2.17%)
(As of 08/21/2024 ET)
Today's Range
$2.69
$2.84
50-Day Range
$1.53
$2.82
52-Week Range
$1.14
$3.71
Volume
1.40 million shs
Average Volume
485,866 shs
Market Capitalization
$912.52 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.85

loanDepot MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
34.4% Downside
$1.85 Price Target
Short Interest
Healthy
3.66% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.19mentions of loanDepot in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$2.43 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.22) to $0.18 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.52 out of 5 stars

Finance Sector

840th out of 863 stocks

Nondepository Credit Institutions Industry

51st out of 53 stocks

LDI stock logo

About loanDepot Stock (NYSE:LDI)

loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. The company offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity loans. It also provides settlement services, which include captive title and escrow business; real estate services that cover captive real estate referral business; and insurance services, including services to homeowners, as well as other consumer insurance policies. The company was founded in 2010 and is headquartered in Irvine, California.

LDI Stock Price History

LDI Stock News Headlines

LDI Oct 2024 2.500 put (LDI241018P00002500)
Secure this "AI Fuel" Stock Before the Billionaires Buy It All
According to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.
LDI Oct 2024 7.500 call (LDI241018C00007500)
loanDepot (NYSE:LDI) Shares Down 3.6%
loanDepot (NYSE:LDI) Sees Large Volume Increase
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Q2 2024 Loandepot Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
10/31/2021
Today
8/22/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
Banking
Fax
N/A
Employees
13,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.85
High Stock Price Target
$2.00
Low Stock Price Target
$1.70
Potential Upside/Downside
-34.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$-110,140,000.00
Pretax Margin
-25.98%

Debt

Sales & Book Value

Annual Sales
$707.87 million
Book Value
$2.16 per share

Miscellaneous

Free Float
54,881,000
Market Cap
$912.52 million
Optionable
Optionable
Beta
3.40
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Key Executives

  • Mr. Anthony Li HsiehMr. Anthony Li Hsieh (Age 59)
    Founder & Chairman
    Comp: $1.76M
  • Mr. Frank D. Martell (Age 64)
    CEO, President & Director
    Comp: $1.68M
  • Mr. Jeffrey Michael DerGurahian (Age 48)
    Executive VP, Chief Investment Officer & Head Economist
    Comp: $2.13M
  • Mr. Jeff Alexander Walsh (Age 60)
    President of LDI Mortgage
    Comp: $2.5M
  • Mr. David R. Hayes (Age 48)
    Chief Financial Officer
  • Ms. Tammy Richards
    Chief Operations Officer
  • Mr. Darren Graeler (Age 56)
    Executive VP & Chief Accounting Officer
  • Mr. William Wied (Age 55)
    Senior VP & CTO
  • Mr. George Brady
    Executive VP & Chief Information Officer
  • Ms. T. J. Freeborn
    Executive VP & Chief Administrative Officer

LDI Stock Analysis - Frequently Asked Questions

How have LDI shares performed this year?

loanDepot's stock was trading at $3.52 on January 1st, 2024. Since then, LDI shares have decreased by 19.9% and is now trading at $2.82.
View the best growth stocks for 2024 here
.

How were loanDepot's earnings last quarter?

loanDepot, Inc. (NYSE:LDI) announced its quarterly earnings data on Sunday, October, 31st. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.07. The company earned $923.76 million during the quarter, compared to analyst estimates of $870.30 million. loanDepot had a negative net margin of 10.26% and a negative trailing twelve-month return on equity of 19.52%.

What is Anthony Hsieh's approval rating as loanDepot's CEO?

882 employees have rated loanDepot Chief Executive Officer Anthony Hsieh on Glassdoor.com. Anthony Hsieh has an approval rating of 80% among the company's employees. 67.0% of employees surveyed would recommend working at loanDepot to a friend.

When did loanDepot IPO?

loanDepot (LDI) raised $300 million in an initial public offering (IPO) on Thursday, February 11th 2021. The company issued 15,000,000 shares at $19.00-$21.00 per share. Goldman Sachs, BofA Securities, Credit Suisse, Morgan Stanley, Barclays, Citigroup, Jefferies and UBS Investment Bank acted as the underwriters for the IPO and JMP Securities, Nomura, Piper Sandler, Raymond James and William Blair were co-managers.

Who are loanDepot's major shareholders?

loanDepot's top institutional investors include Wolverine Asset Management LLC (0.32%), Renaissance Technologies LLC (0.21%), Dimensional Fund Advisors LP (0.06%) and 272 Capital LP (0.06%). Insiders that own company stock include Jeffrey Michael Dergurahian, Jeff Alexander Walsh, Anthony Li Hsieh, Dan Binowitz, Patrick J Flanagan, Frank Martell, Nicole Carrillo, John Hoon Lee and Pamela H Patenaude.
View institutional ownership trends
.

How do I buy shares of loanDepot?

Shares of LDI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LDI) was last updated on 8/22/2024 by MarketBeat.com Staff

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