Should I buy or sell loanDepot stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for loanDepot in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" LDI shares. View LDI analyst ratings or view top-rated stocks .

What is loanDepot's stock price target for 2024?

2 Wall Street analysts have issued 1 year target prices for loanDepot's stock. Their LDI share price targets range from $2.00 to $2.50. On average, they anticipate the company's share price to reach $2.25 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View analysts price targets for LDI or view top-rated stocks among Wall Street analysts .

How have LDI shares performed in 2024?

loanDepot's stock was trading at $3.52 at the beginning of 2024. Since then, LDI stock has decreased by 33.2% and is now trading at $2.35. View the best growth stocks for 2024 here .

Are investors shorting loanDepot?

loanDepot saw a decrease in short interest in the month of February. As of February 29th, there was short interest totaling 1,780,000 shares, a decrease of 6.8% from the February 14th total of 1,910,000 shares. Based on an average daily trading volume, of 624,000 shares, the short-interest ratio is presently 2.9 days. Currently, 3.0% of the shares of the stock are short sold. View loanDepot's Short Interest .

When is loanDepot's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our LDI earnings forecast .

How were loanDepot's earnings last quarter?

loanDepot, Inc. (NYSE:LDI) released its earnings results on Tuesday, March, 12th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.11. The company earned $228.63 million during the quarter, compared to analysts' expectations of $239.40 million. loanDepot had a negative net margin of 11.31% and a negative trailing twelve-month return on equity of 20.63%.

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 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 served as the underwriters for the IPO and JMP Securities, Nomura, Piper Sandler, Raymond James and William Blair were co-managers.

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 .

NYSE:LDI

loanDepot (LDI) Stock Price, News & Analysis

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Free LDI Stock Alerts

$2.35

-0.08 (-3.29%)

(As of 04/15/2024 ET)

Compare

Today's Range: $2.30
▼
$2.44
50-Day Range: $2.14
▼
$2.77
52-Week Range: $1.14
▼
$3.71

Volume: 154,706 shs
Average Volume: 339,170 shs
Market Capitalization: $759.26 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.25

Get loanDepot alerts:

loanDepot MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.50 Rating Score
Upside/Downside: 4.3% Downside
$2.25 Price Target
Short Interest: Healthy
2.72% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.10
Based on 3 Articles This Week
Insider Trading: Selling Shares
$135,843 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.05) to $0.23 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.

0.49 out of 5 stars

Finance Sector

852nd out of 878 stocks

Nondepository Credit Institutions Industry

44th out of 46 stocks

0.8

Analyst's Opinion

Consensus Rating
loanDepot has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.
Amount of Analyst Coverage
loanDepot has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.72% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month

0.0

Dividend Strength

Dividend Yield
loanDepot does not currently pay a dividend.
Dividend Growth
loanDepot does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LDI.

2.8

News and Social Media Coverage

News Sentiment
loanDepot has a news sentiment score of 0.10. 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 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for loanDepot this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for LDI on MarketBeat in the last 30 days.
MarketBeat Follows
6 people have added loanDepot to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

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 $135,843.00 in company stock.
Percentage Held by Insiders
83.88% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for loanDepot are expected to grow in the coming year, from ($0.05) to $0.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of loanDepot is -3.73, 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 -3.73, 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 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

LDI Stock News Headlines

March 24, 2024 | insidertrades.com

loanDepot, Inc. (NYSE:LDI) Director Sells $32,526.00 in Stock

April 15, 2024 | finance.yahoo.com

loanDepot, Inc. (LDI) Interactive Stock Chart - Yahoo Finance

April 16, 2024 | InvestorPlace (Ad)

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April 9, 2024 | businesswire.com

52 loanDepot Originators Recognized in 2024 Scotsman Guide Top Originators Rankings

April 2, 2024 | stockhouse.com

loanDepot Supports Habitat for Humanity's Work to Create Equitable, Inclusive Communities as a Presenting Sponsor of "Home is the Key"

April 2, 2024 | finance.yahoo.com

loanDepot Supports Habitat for Humanity’s Work to Create Equitable, Inclusive Communities as a Presenting Sponsor of "Home is the Key"

April 2, 2024 | businesswire.com

loanDepot Supports Habitat for Humanity's Work to Create Equitable, Inclusive Communities as a Presenting Sponsor of “Home is the Key”

April 2, 2024 | msn.com

Home Valuation Jumps By Nearly $300K After Black Couple Removes Family Photos and Asks White Friend to Sit In on Appraisal

April 16, 2024 | InvestorPlace (Ad)

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March 29, 2024 | msn.com

Upcoming Deadline to Share in loanDepot, Inc. (LDI) Class Action Settlement

March 28, 2024 | stockhouse.com

loanDepot and Major League Baseball Bring "Ballpark Bingo" Back to Fans for the 2024 Season

March 28, 2024 | businesswire.com

loanDepot and Major League Baseball Bring “Ballpark Bingo” Back to Fans for the 2024 Season

March 18, 2024 | seekingalpha.com

loanDepot: This Is A H2 2024 Story

March 13, 2024 | finance.yahoo.com

loanDepot’s Toy Eng Named Top Producer on State of New York Mortgage Agency’s 2023 Hall of Fame

March 13, 2024 | businesswire.com

loanDepot's Toy Eng Named Top Producer on State of New York Mortgage Agency's 2023 Hall of Fame

March 13, 2024 | markets.businessinsider.com

Dollar Tree Reports Weak Earnings, Joins Tesla, Arcos Dorados And Other Big Stocks Moving Lower On Wednesday

March 13, 2024 | finance.yahoo.com

loanDepot, Inc. (NYSE:LDI) Q4 2023 Earnings Call Transcript

March 13, 2024 | uk.finance.yahoo.com

Q4 2023 Loandepot Inc Earnings Call

March 12, 2024 | pymnts.com

LoanDepot Invests in Technology to Prepare for Mortgage Industry Rebound

March 12, 2024 | seekingalpha.com

loanDepot, Inc. 2023 Q4 - Results - Earnings Call Presentation

March 12, 2024 | benzinga.com

Recap: loanDepot Q4 Earnings

March 12, 2024 | sfgate.com

LoanDepot: Q4 Earnings Snapshot

March 12, 2024 | finance.yahoo.com

loanDepot Inc (LDI) Reports Significant Reduction in Annual Net Loss and Strong Liquidity in 2023

March 12, 2024 | businesswire.com

loanDepot Announces Fourth Quarter and Year-End 2023 Financial Results

March 12, 2024 | tmcnet.com

loanDepot CMO Alec Hanson Named a 2024 Inman "Marketing All-Star"

March 12, 2024 | businesswire.com

loanDepot CMO Alec Hanson Named a 2024 Inman “Marketing All-Star”

March 12, 2024 | theglobeandmail.com

Stock Futures Ignore Higher-Than-Expected US Inflation Report

See More Headlines

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Company Calendar

Last Earnings: 3/12/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Nondepository credit institutions
Sub-Industry: N/A
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: $2.25
High Stock Price Target: $2.50
Low Stock Price Target: $2.00
Potential Upside/Downside: -4.3%
Consensus Rating: Reduce
Rating Score (0-4): 1.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.63)
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: -11.31%
Pretax Margin: -28.57%
Return on Equity: -20.63%
Return on Assets: -2.61%

Debt

Debt-to-Equity Ratio: 4.24
Current Ratio: 1.23
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: $974.02 million
Price / Sales: 0.78
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.16 per share
Price / Book: 1.09

Miscellaneous

Outstanding Shares: 323,090,000
Free Float: 52,082,000
Market Cap: $759.26 million
Optionable: Optionable
Beta: 3.13

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Key Executives

Mr. 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)
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 49)
Chief Financial Officer
Ms. Tammy Richards
Chief Operations Officer
Mr. Darren Graeler
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LDI Stock Analysis - Frequently Asked Questions

Should I buy or sell loanDepot stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for loanDepot in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" LDI shares.
View LDI analyst ratings or view top-rated stocks.
What is loanDepot's stock price target for 2024?: 2 Wall Street analysts have issued 1 year target prices for loanDepot's stock. Their LDI share price targets range from $2.00 to $2.50. On average, they anticipate the company's share price to reach $2.25 in the next twelve months. This suggests that the stock has a possible downside of 4.3%.
View analysts price targets for LDI or view top-rated stocks among Wall Street analysts.
How have LDI shares performed in 2024?: loanDepot's stock was trading at $3.52 at the beginning of 2024. Since then, LDI stock has decreased by 33.2% and is now trading at $2.35.
View the best growth stocks for 2024 here.
Are investors shorting loanDepot?: loanDepot saw a decrease in short interest in the month of February. As of February 29th, there was short interest totaling 1,780,000 shares, a decrease of 6.8% from the February 14th total of 1,910,000 shares. Based on an average daily trading volume, of 624,000 shares, the short-interest ratio is presently 2.9 days. Currently, 3.0% of the shares of the stock are short sold.
View loanDepot's Short Interest.
When is loanDepot's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our LDI earnings forecast.

How were loanDepot's earnings last quarter?: loanDepot, Inc. (NYSE:LDI) released its earnings results on Tuesday, March, 12th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.11. The company earned $228.63 million during the quarter, compared to analysts' expectations of $239.40 million. loanDepot had a negative net margin of 11.31% and a negative trailing twelve-month return on equity of 20.63%.
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 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 served as the underwriters for the IPO and JMP Securities, Nomura, Piper Sandler, Raymond James and William Blair were co-managers.
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 4/16/2024 by MarketBeat.com Staff

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