loanDepot, Inc. (LDI)
| Market Cap | 504.80M |
| Revenue (ttm) | 988.91M |
| Net Income (ttm) | -101.49M |
| Shares Out | 323.59M |
| EPS (ttm) | -0.56 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 174,355 |
| Open | 1.590 |
| Previous Close | 1.610 |
| Day's Range | 1.550 - 1.620 |
| 52-Week Range | 1.140 - 3.710 |
| Beta | 3.04 |
| Analysts | Sell |
| Price Target | 1.83 (+17.31%) |
| Earnings Date | Aug 6, 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 $974.02 million, a decrease of -22.44% compared to the previous year's $1.26 billion. Losses were -$110.14 million, -59.66% less than in 2022.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for LDI stock is "Sell." The 12-month stock price forecast is $1.83, which is an increase of 17.31% from the latest price.
News
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.
loanDepot CMO Alec Hanson Named a “2024 HousingWire Marketing Leader”
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced that CMO Alec Hanson was named a “2024 HousingWire Marketing Leader.”.
loanDepot Announces Amendments to Exchange Offer and Consent Solicitation for 6.500% Senior Notes due 2025
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot Announces Amendments to Exchange Offer and Consent Solicitation for 6.500% Senior Notes due 2025.
loanDepot Commences Exchange Offer and Consent Solicitation for 6.500% Senior Notes due 2025
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot Commences Exchange Offer and Consent Solicitation for 6.500% Senior Notes due 2025.
loanDepot Supports STEM Education With Lab Overhaul for Boys & Girls Clubs of Greater Dallas
DALLAS--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced the completion of the newly renovated and expanded STEM lab at Boys & Girls Clubs of Greater Dallas' Oak Cliff branch.
LoanDepot Says ‘Higher for Longer' Interest Will Keep Challenging Mortgage Industry
LoanDepot expects the mortgage industry to continue facing a challenging environment. Recent interest rate increases have reduced industry forecasts for market volumes for the year, the company said i...
loanDepot Announces First Quarter 2024 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot announces first quarter 2024 financial results.
loanDepot Builds on its Commitment to Consumer Education With New Home School Platform
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot's “Home School” supports every stage of the homeownership journey delivering content across podcasts, videos, and written articles.
loanDepot Introduces New ‘VA Loan Officer Master Class' for Originators Seeking to Better Serve the Military Community and Grow Their Business
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot has added a new, purpose-built ‘VA Loan Officers Master Class' to its robust suite of training and originator support resources.
loanDepot's Jennifer Edwards Named to HousingWire's 2024 Class of Rising Stars
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of home lending solutions that enables customers to achieve the dream of ho...
loanDepot Names Jeff Wilkish Regional Vice President for New England
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of home lending solutions that enables customers to achieve the dream of ho...
loanDepot, Inc. to Report First Quarter 2024 Financial Results on May 7, 2024
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. to report first quarter 2024 financial results on May 7, 2024.
loanDepot's New AccessONE+ Program Provides First-Time Homebuyers With up to $9,000 in Down Payment Assistance
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot introduced its new AccessONE+ program, intended to remove barriers and make homeownership more accessible.
Levi & Korsinsky, LLP Notifies Shareholders of loanDepot, Inc. (LDI) an Upcoming Claims Deadline in a Class Action Settlement
NEW YORK, NY / ACCESSWIRE / April 18, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against loanDepot, Inc. (NYSE:LDI). The settle...
52 loanDepot Originators Recognized in 2024 Scotsman Guide Top Originators Rankings
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot is proud to announce that 52 of its retail loan originators have been recognized in Scotsman Guide's Top Originators 2024 rankings.
loanDepot Supports Habitat for Humanity's Work to Create Equitable, Inclusive Communities as a Presenting Sponsor of “Home is the Key”
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot is proud to be a presenting sponsor of Habitat for Humanity's annual Home is the Key cause marketing campaign.
loanDepot and Major League Baseball Bring “Ballpark Bingo” Back to Fans for the 2024 Season
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot has brought its popular “Ballpark Bingo: A Celebration of Firsts' campaign” back for a second year.
loanDepot's Toy Eng Named Top Producer on State of New York Mortgage Agency's 2023 Hall of Fame
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI) originator Toy Eng earned the top spot on the State of New York Mortgage Agency's (SONYMA) 2023...
LoanDepot Invests in Technology to Prepare for Mortgage Industry Rebound
LoanDepot is investing in technology as it prepares for a rebound in industrywide mortgage origination volumes.
loanDepot Announces Fourth Quarter and Year-End 2023 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot announces fourth quarter and year-end 2023 financial results.
loanDepot CMO Alec Hanson Named a 2024 Inman “Marketing All-Star”
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced that Chief Marketing Officer Alec Hanson was named a 2024 Inman Marketing All-Star.