loanDepot, Inc. (LDI)
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]
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 StatementsAnalyst 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.
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...
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...
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....
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 -...
loanDepot Announces Third Quarter 2024 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot announces third quarter 2024 financial results.
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...
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...
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.
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...
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...
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...
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...
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...
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...
loanDepot, Inc. (LDI) Q2 2024 Earnings Call Transcript
loanDepot, Inc. (LDI) Q2 2024 Earnings Call Transcript
loanDepot Announces Second Quarter 2024 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot announces second quarter 2024 financial results.
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.
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.
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.
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.
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.
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.
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.
loanDepot Announces Final Results of Exchange Offer
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot Announces Final Results of Exchange Offer.
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.