loanDepot (LDI) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $2.33 to $2.41
• 50-Day Range: $2.04 to $3.19
• 52-Week Range: $1.52 to $3.71
• Volume: 573,973 shs
• Average Volume: 945,224 shs
• Market Capitalization: $766.82 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.60
• Consensus Rating: Reduce

loanDepot Stock Analysis - MarketRank™

loanDepot scored higher than 34% of companies evaluated by MarketBeat, and ranked 758th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Reduce

Consensus Rating

loanDepot has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

loanDepot has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for loanDepot are expected to grow in the coming year, from ($0.23) to $0.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of loanDepot is -4.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of loanDepot is -4.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

loanDepot has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.46% of the float of loanDepot has been sold short.

Short Interest Ratio / Days to Cover

loanDepot has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in loanDepot has recently decreased by 9.60%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

loanDepot does not currently pay a dividend.

Dividend Growth

loanDepot does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, loanDepot will have a dividend payout ratio of 2,666.67% in the coming year. This indicates that loanDepot may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.46% of the float of loanDepot has been sold short.

Short Interest Ratio / Days to Cover

loanDepot has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in loanDepot has recently decreased by 9.60%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.29

News Sentiment

loanDepot has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for loanDepot this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for LDI on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, loanDepot insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,001,954.00 in company stock.

Percentage Held by Insiders

83.04% of the stock of loanDepot is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 39.39% of the stock of loanDepot is held by institutions.

LDI Stock Analysis - Frequently Asked Questions

How have LDI shares performed this year?

loanDepot's stock was trading at $3.52 at the beginning of 2024. Since then, LDI shares have decreased by 33.4% and is now trading at $2.3450.
View the best growth stocks for 2024 here.

How were loanDepot's earnings last quarter?

loanDepot, Inc. (NYSE:LDI) issued its quarterly earnings data on Sunday, October, 31st. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.39 by $0.07. The business earned $923.76 million during the quarter, compared to analyst estimates of $870.30 million. loanDepot had a negative trailing twelve-month return on equity of 14.66% and a negative net margin of 8.95%.

When did loanDepot IPO?

loanDepot (LDI) raised $300 million in an initial public offering on Thursday, February 11th 2021. The company issued 15,000,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, BofA Securities, Credit Suisse, Morgan Stanley, Barclays, Citigroup, Jefferies and UBS Investment Bank served 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 Barclays PLC (0.25%), Geode Capital Management LLC (0.22%), Walleye Capital LLC (0.10%) and Empowered Funds LLC (0.07%). Insiders that own company stock include Anthony Li Hsieh, Jeffrey Michael Dergurahian, Jeff Alexander Walsh, 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.

What other stocks do shareholders of loanDepot own?

Based on aggregate information from My MarketBeat watchlists, some other companies that loanDepot investors own include NVIDIA (NVDA), Tesla (TSLA), Ford Motor (F), Palantir Technologies (PLTR), PayPal (PYPL), Meta Platforms (META) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 10/31/2021
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/11/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NYSE:LDI
• CUSIP: N/A
• CIK: 1831631
• Web: www.loandepot.com
• Phone: 888-337-6888
• Fax: N/A
• Employees: 4,250
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.60
• High Stock Price Target: $2.70
• Low Stock Price Target: $2.50
• Potential Upside/Downside: +10.9%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.52)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-110,140,000.00
• Net Margins: -8.95%
• Pretax Margin: -22.56%
• Return on Equity: -14.66%
• Return on Assets: -1.49%

Debt

• Debt-to-Equity Ratio: 4.76
• Current Ratio: 1.16
• Quick Ratio: 1.16

Sales & Book Value

• Annual Sales: $974.02 million
• Price / Sales: 0.78
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.82 per share
• Price / Book: 1.29

Miscellaneous

• Outstanding Shares: 325,150,000
• Free Float: 55,146,000
• Market Cap: $762.48 million
• Optionable: Optionable
• Beta: 3.46