loanDepot, Inc. (LDI)

NYSE: LDI · Real-Time Price · USD
1.940
+0.090 (4.86%)
Dec 20, 2024, 4:00 PM EST - Market closed
4.86%
Market Cap 634.38M
Revenue (ttm) 1.01B
Net Income (ttm) -92.29M
Shares Out 327.00M
EPS (ttm) -0.51
PE Ratio n/a
Forward PE 16.30
Dividend n/a
Ex-Dividend Date n/a
Volume 586,246
Open 1.880
Previous Close 1.850
Day's Range 1.850 - 1.970
52-Week Range 1.520 - 3.710
Beta 3.05
Analysts Sell
Price Target 2.60 (+34.02%)
Earnings Date Nov 5, 2024

About 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 an... [Read more]

Sector Financials
IPO Date Feb 11, 2021
Employees 4,250
Stock Exchange NYSE
Ticker Symbol LDI
Full Company Profile

Financial Performance

In 2023, loanDepot's revenue was $936.42 million, a decrease of -6.62% compared to the previous year's $1.00 billion. Losses were -$110.14 million, -59.66% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for LDI stock is "Sell." The 12-month stock price forecast is $2.6, which is an increase of 34.02% from the latest price.

Price Target
$2.6
(34.02% upside)
Analyst Consensus: Sell
Stock Forecasts

News

loanDepot Launches "Home Means Everything" Campaign, Highlighting Transformational Customer Stories in Their Own Voices

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), a leading provider of products and services that power the homeownership journey, has launched...

4 days ago - Business Wire

loanDepot Recognized as One of 2024's “Best Military Lenders” by National Mortgage Professional

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), one of the nation's leading VA lenders and a leading provider of products and services that po...

4 weeks ago - Business Wire

loanDepot Sees Loan Originations Grow Amid ‘Normalizing' Housing Market

loanDepot's earnings showed growth in loan originations as interest rates fell, homebuyers looked to refinance, and the housing market has entered what management termed a more normalized environment....

6 weeks ago - PYMNTS

loanDepot, Inc. (LDI) Q3 2024 Earnings Conference Call Transcript

loanDepot, Inc. (NYSE:LDI) Q3 2024 Earnings Conference Call November 5, 2024 5:00 PM ET Company Participants Gerhard Erdelji - SVP, IR Frank Martell - President and CEO David Hayes - CFO Jeff Walsh -...

6 weeks ago - Seeking Alpha

loanDepot Announces Third Quarter 2024 Financial Results

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot announces third quarter 2024 financial results.

6 weeks ago - Business Wire

loanDepot CISO Mike Brown Honored with HousingWire's 2024 Tech Trendsetters Award

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), a leading provider of products and services that power the homeownership journey, announced th...

7 weeks ago - Business Wire

Six loanDepot Originators Recognized on AREAA's 2024 A-List

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, a leading provider of products and services that power the homeownership journey, is proud to announce that six of its retail loan or...

7 weeks ago - Business Wire

loanDepot, Inc. to Report Third Quarter 2024 Financial Results on November 5, 2024

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. to report third quarter 2024 financial results on November 5, 2024.

2 months ago - Business Wire

loanDepot celebrates fourth season as Presenting Sponsor of Major League Baseball's ALCS and NLCS

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--As Postseason baseball heats up and MLB is down to its final four teams, loanDepot is celebrating its fourth year as the Presenting Sponsor of M...

2 months ago - Business Wire

loanDepot Announces Closing of $300 Million Asset-Backed Transaction

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (NYSE: LDI) today announced the closing of a $300 million transaction through an offering of notes by Mello Warehouse Securitiza...

2 months ago - Business Wire

Respected Military Advocate Bryan Bergjans Joins loanDepot as National Director of Military Growth and Strategy

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), a leading provider of products and services that power the homeownership journey, continues to...

3 months ago - Business Wire

loanDepot Appoints Nancy Smith as Regional Vice President for Colorado and Wyoming

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI) a leading provider of products and services that power the homeownership journey, has appointed...

3 months ago - Business Wire

loanDepot President and CEO Frank Martell Receives Second Consecutive HousingWire Vanguard Award

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), a leading provider of products and services that power the homeownership journey, announced th...

3 months ago - Business Wire

loanDepot Launches equityFREEDOM First-Lien HELOC Further Expanding Home Equity Product Suite

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of products and services that power the homeownership journey, has expanded...

4 months ago - Business Wire

loanDepot, Inc. (LDI) Q2 2024 Earnings Call Transcript

loanDepot, Inc. (LDI) Q2 2024 Earnings Call Transcript

4 months ago - Seeking Alpha

loanDepot Announces Second Quarter 2024 Financial Results

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot announces second quarter 2024 financial results.

4 months ago - Business Wire

loanDepot Managing Director Viviana Abarca Named a “2024 HousingWire Insider”

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced that Managing Director of Mortgage Lending Operations Viviana Abarca was named a 2024 HousingWire Insider.

4 months ago - Business Wire

loanDepot, Inc. to Report Second Quarter 2024 Financial Results on August 6, 2024

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. to report second quarter 2024 financial results on August 6, 2024.

5 months ago - Business Wire

loanDepot Adds Home Equity Loan to its equityFREEDOM Suite of Home Equity Products

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot introduced a new home equity loan to its equityFREEDOM product suite.

5 months ago - Business Wire

loanDepot's Trailblazing Women Earn Housing Industry Accolades

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced that three of the company's talented women leaders have been recognized for blazing trails in the housing industry.

5 months ago - Business Wire

loanDepot President and CEO Frank Martell Receives Inman's “Best of Finance” Award for Second Consecutive Year

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced that President and CEO Frank Martell earned Inman's 2024 “Best of Finance” award for the second consecutive year.

6 months ago - Business Wire

SmartRent Names Frank Martell to Board of Directors

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #housingwire--SmartRent, Inc. today announced the addition of Frank Martell, President and CEO of loanDepot, Inc., to its Board of Directors.

Other symbols: SMRT
6 months ago - Business Wire

27 loanDepot Originators Recognized by NAHREP

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--For the fourth consecutive year, loanDepot originators have been recognized for their excellence by the NAHREP.

6 months ago - Business Wire

loanDepot Announces Final Results of Exchange Offer

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot Announces Final Results of Exchange Offer.

6 months ago - Business Wire

loanDepot Promotes Viviana Abarca to Managing Director – Mortgage Lending Operations

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced it has promoted Viviana Abarca to the position of managing director of mortgage lending operations.

6 months ago - Business Wire