LendingTree, Inc. (TREE)

NASDAQ: TREE · IEX Real-Time Price · USD
46.71
-1.48 (-3.07%)
May 14, 2024, 4:00 PM EDT - Market closed
-3.07%
Market Cap 617.72M
Revenue (ttm) 639.76M
Net Income (ttm) -134.85M
Shares Out 13.22M
EPS (ttm) -10.36
PE Ratio n/a
Forward PE 16.13
Dividend n/a
Ex-Dividend Date n/a
Volume 122,200
Open 49.64
Previous Close 48.19
Day's Range 46.63 - 49.98
52-Week Range 10.12 - 52.76
Beta 2.10
Analysts Buy
Price Target 43.29 (-7.32%)
Earnings Date Apr 30, 2024

About TREE

LendingTree, Inc., through its subsidiary, operates online consumer platform in the United States. It operates through three segments: Home, Consumer, and Insurance. The Home segment offers purchase mortgage, refinance mortgage, and home equity loans and lines of credit; and real estate brokerage services. The Consumer segment provides credit cards; personal, small business, student, and auto loans; deposit accounts; and other credit products, such as debt settlement services. The Insurance segment includes information, tools, and access to ins... [Read more]

Sector Financials
Founded 1996
Employees 860
Stock Exchange NASDAQ
Ticker Symbol TREE
Full Company Profile

Financial Performance

In 2023, LendingTree's revenue was $672.50 million, a decrease of -31.73% compared to the previous year's $984.99 million. Losses were -$122.40 million, -34.87% less than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for TREE stock is "Buy." The 12-month stock price forecast is $43.29, which is a decrease of -7.32% from the latest price.

Price Target
$43.29
(-7.32% downside)
Analyst Consensus: Buy
Stock Forecasts

News

LENDINGTREE REPORTS FIRST QUARTER 2024 RESULTS

Insurance Segment Strength and Operating Leverage Drive Strong Results at Top or Above of Forecasted Range Consolidated revenue of $167.8 million GAAP net income of $1.0 million or $0.08 per diluted s...

14 days ago - PRNewsWire

LendingTree, Inc. to Report First Quarter 2024 Earnings on April 30, 2024

CHARLOTTE, N.C. , April 16, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will...

4 weeks ago - PRNewsWire

LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment'

LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 milli...

6 weeks ago - PYMNTS

LENDINGTREE ANNOUNCES $175 MILLION FINANCING FROM APOLLO FUNDS

CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) ("LendingTree" or the "Company"), operator of LendingTree.com, the nation's leading online financial services marketpla...

6 weeks ago - PRNewsWire

LENDINGTREE REPORTS FOURTH QUARTER 2023 RESULTS

Trough AEBITDA Levels Set to Inflect as Insurance Recovery Gathers Pace Consolidated revenue of $134.4 million GAAP net income of $12.7 million or $0.98 per diluted share Variable marketing margin of ...

2 months ago - PRNewsWire

LendingTree, Inc. to Report Fourth Quarter 2023 Earnings on February 27, 2024

CHARLOTTE, N.C. , Feb. 20, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will ...

3 months ago - PRNewsWire

Ahead of Groundhog Day, LendingTree Introduces Spring: A Fresh New App Where Smart Money Habits Take Root

CHARLOTTE, N.C. , Feb. 1, 2024 /PRNewswire/ -- LendingTree®, one of the nation's largest, most experienced online financial platforms proudly announces the launch of its innovative, freshly redesigned...

3 months ago - PRNewsWire

LendingTree Repurchases Portion of 2025 Convertible Notes

CHARLOTTE, N.C. , Dec. 6, 2023 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) (the "Company"), operator of LendingTree.com, the nation's leading online financial services marketplace, announced toda...

5 months ago - PRNewsWire

Newzip Named Winner of LendingTree's 2023 Innovation Challenge Winner

CHARLOTTE, N.C. , Nov. 30, 2023 /PRNewswire/ -- LendingTree®, the nation's leading marketplace for loans, credit cards, and insurance and more, held the company's annual Lender Summit, which brings to...

5 months ago - PRNewsWire

We are going to see delinquencies continue to rise, says LendingTree's Matt Schulz

Matt Schulz, LendingTree chief credit analyst, and CNBC's Steve Liesman join 'The Exchange' to discuss the jump in delinquency rates from the second quarter, the health of the consumer, and more.

6 months ago - CNBC Television

LendingTree Reports Consumers Seek Loans but Credit Availability Has Contracted

LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. During the quarter ended Sept.

7 months ago - PYMNTS

LENDINGTREE REPORTS THIRD QUARTER 2023 RESULTS

AEBITDA Rebound Driven by Strong Segment Margins and Expense Discipline Consolidated revenue of $155.2 million GAAP net loss of $(148.5) million or $(11.43) per diluted share, inclusive of after-tax i...

7 months ago - PRNewsWire

LendingTree, Inc. to Report Third Quarter 2023 Earnings on October 31, 2023

CHARLOTTE, N.C. , Oct. 16, 2023 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will ...

7 months ago - PRNewsWire

Nearly 30% of Americans Prioritize Buying the Latest Tech, Like iPhone 15, Over Paying Bills

Ahead of the release of the latest iPhone, LendingTree found that Americans prioritize the latest technology over paying essential bills CHARLOTTE, N.C. , Sept. 11, 2023 /PRNewswire/ -- LendingTree® ,...

8 months ago - PRNewsWire

Interest rates are forcing consumers to reconsider purchases, says LendingTree's Matt Schulz

Matt Schulz, LendingTree chief credit analyst, joins 'The Exchange' to discuss the toll of inflation on consumer spending, sentiment data versus macro data, and how consumers can ask for lower interes...

9 months ago - CNBC Television

LENDINGTREE REPORTS SECOND QUARTER 2023 RESULTS

Strong Segment Margins and Expense Discipline Drive Upside, Revenue Growth Remains Challenged Consolidated revenue of $182.5 million GAAP net income of $(0.1) million or $(0.01) per diluted share Vari...

10 months ago - PRNewsWire

LendingTree, Inc. to Report Second Quarter 2023 Earnings on July 27, 2023

CHARLOTTE, N.C. , July 19, 2023 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will ...

10 months ago - PRNewsWire

LendingTree Names Scott Peyree as Chief Operating Officer and President of Marketplace Businesses

CHARLOTTE, N.C. , July 19, 2023 /PRNewswire/ -- LendingTree, one of the nation's largest, most experienced online financial platforms, today announced that Scott Peyree has been named Chief Operating ...

10 months ago - PRNewsWire

LendingTree Hires Eoghan Nolan to Lead Product Innovation

CHARLOTTE, N.C. , June 21, 2023 /PRNewswire/ -- LendingTree, one of the nation's largest, most experienced online financial platforms, is excited to announce the appointment of Eoghan Nolan as SVP, Pr...

11 months ago - PRNewsWire

LENDINGTREE REPORTS FIRST QUARTER 2023 RESULTS

Strategic Expense Reductions Help Offset Continued Economic Headwinds Consolidated revenue of $200.5 million GAAP net income of $13.5 million or $1.04 per diluted share, inclusive of a gain of $30.9 m...

1 year ago - PRNewsWire

LendingTree, Inc. to Report First Quarter 2023 Earnings on May 2, 2023

CHARLOTTE, N.C. , April 18, 2023 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will...

1 year ago - PRNewsWire

LendingTree CEO: Buying homes remains tough for people right now

LendingTree CEO Doug Lebda joins ‘Power Lunch' to discuss the health of the housing market, why he thinks homebuyers are in a tough spot, and more.

1 year ago - CNBC Television

LendingTree to cut around 13% of its workforce

Online lending platform LendingTree Inc. TREE on Wednesday said that it would cut around 13% of its workforce in an effort to lower costs. The company, in a filing, said that it had committed to a wor...

1 year ago - Market Watch

LendingTree Adds Funding Circle to Its Marketplace Network of SMB Lenders And Products

DENVER--(BUSINESS WIRE)--Funding Circle, the online platform for small business loans, announced today that it has partnered with one of the nation's largest online lending marketplaces, LendingTree, ...

1 year ago - Business Wire

LendingTree Launches Win Card Exclusively for LendingTree Members

More Linda, More rewards, Less Hassle. Win with a New Kind of Card CHARLOTTE, N.C.

1 year ago - PRNewsWire