loanDepot, Inc. (LDI)

NYSE: LDI · Real-Time Price · USD
2.070
-0.050 (-2.36%)
Nov 1, 2024, 4:00 PM EDT - Market closed
-2.36%
Market Cap 392.35M
Revenue (ttm) 911.64M
Net Income (ttm) -110.26M
Shares Out 189.54M
EPS (ttm) -0.61
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 808,150
Open 2.130
Previous Close 2.120
Day's Range 2.060 - 2.160
52-Week Range 1.350 - 3.710
Beta 3.05
Analysts Sell
Price Target 2.10 (+1.45%)
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 $2.1, which is an increase of 1.45% from the latest price.

Price Target
$2.1
(1.45% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

17 hours 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...

3 days 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.

10 days 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...

18 days 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...

4 weeks 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...

6 weeks 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...

7 weeks 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...

2 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...

2 months ago - Business Wire

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

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

3 months ago - Seeking Alpha

loanDepot Announces Second Quarter 2024 Financial Results

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

3 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.

3 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.

3 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.

3 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.

4 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.

4 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
4 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.

4 months ago - Business Wire

loanDepot Announces Final Results of Exchange Offer

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

4 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.

4 months ago - Business Wire

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.”.

5 months ago - Business Wire

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.

5 months ago - Business Wire

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.

5 months ago - Business Wire

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.

6 months ago - Business Wire

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...

6 months ago - PYMNTS