Streetbeat News

LDI

loanDepot, Inc.

https://www.loandepot.com

Industry

Financial - Mortgages

loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. It offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity loans. The company 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 Foothill Ranch, California.

Open

2.09

Mkt cap

677M

Volume

932K

High

2.11

P/E Ratio

-4.06

52-wk high

3.71

Low

2.05

Div yield

N/A

52-wk low

1.52

loanDepot (LDI) is highlighted as a stock with strong recent momentum while still being reasonably priced, making it a potential investment opportunity.

Portfolio Pulse from

November 12, 2024 | 3:00 pm

loanDepot reported growth in loan originations due to falling interest rates and a more normalized housing market. The company returned to profitability for the first time since Q4 2022 and introduced a new strategic roadmap.

Portfolio Pulse from

November 06, 2024 | 3:00 am

loanDepot, Inc. (NYSE:LDI) held its Q3 2024 earnings conference call on November 5, 2024. Key participants included the company's CEO, CFO, and other executives, as well as analysts from UBS and Jefferies.

Portfolio Pulse from

November 06, 2024 | 1:45 am

loanDepot (LDI) released its Q3 earnings, providing insights into its performance for the quarter ending September 2024. The report suggests comparing key metrics to Wall Street estimates and previous year figures.

Portfolio Pulse from

November 06, 2024 | 12:45 am

LoanDepot (LDI) reported Q3 earnings of $0.03 per share, surpassing the Zacks Consensus Estimate of a loss of $0.03 per share, and improving from a loss of $0.15 per share a year ago.

Portfolio Pulse from

November 06, 2024 | 12:00 am

loanDepot has announced its financial results for the third quarter of 2024.

Portfolio Pulse from

November 05, 2024 | 9:30 pm

UBS analyst Douglas Harter maintains a Neutral rating on loanDepot (NYSE:LDI) and raises the price target from $2.3 to $2.5.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:22 pm

Goldman Sachs analyst Ryan Nash maintains a Sell rating on loanDepot (NYSE:LDI) but raises the price target from $1.5 to $1.7.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:22 pm

LoanDepot shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:47 pm

loanDepot (NYSE:LDI) reported Q2 2024 adjusted EPS of $(0.09), which met analyst expectations, and sales of $265.390 million, slightly missing the $265.534 million estimate. The EPS loss improved by 55% year-over-year, while sales decreased by 2.39%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:38 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.