loanDepot, Inc. (LDI)

NYSE: LDI · IEX Real-Time Price · USD
1.65
-0.09 (-5.17%)
At close: Mar 24, 2023, 4:00 PM
1.54
-0.11 (-6.67%)
After-hours: Mar 24, 2023, 7:59 PM EDT
-5.17%
Market Cap 564.18M
Revenue (ttm) 1.26B
Net Income (ttm) -273.02M
Shares Out 341.93M
EPS (ttm) -1.75
PE Ratio n/a
Forward PE 91.74
Dividend $0.08 (4.85%)
Ex-Dividend Date Apr 1, 2022
Volume 786,841
Open 1.71
Previous Close 1.74
Day's Range 1.63 - 1.71
52-Week Range 1.25 - 4.47
Beta 2.48
Analysts Buy
Price Target 1.92 (+16.36%)
Earnings Date May 8, 2023

About LDI

loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. It offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity loans. The company 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 6,121
Stock Exchange NYSE
Ticker Symbol LDI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for LDI stock is "Buy." The 12-month stock price forecast is $1.92, which is an increase of 16.36% from the latest price.

Price Target
$1.92
(16.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Anthony Hsieh Urges loanDepot Board to Cease Wasting Stockholder Capital

IRVINE, Calif. , March 15, 2023 /PRNewswire/ -- Anthony Hsieh, the Founder and largest voting stockholder of loanDepot, Inc. (NYSE: LDI) ("loanDepot" or "the Company") issued the following statement t...

1 week ago - PRNewsWire

loanDepot creates lasting impact for kids supporting Boys & Girls Clubs revitalization projects across the country

Official Mortgage Provider of Major League Baseball uses funds raised from 2021-2022 "Home Means Everything" RBI campaign to empower youth through education and sport IRVINE, Calif. , March 13, 2023 /...

1 week ago - PRNewsWire

Anthony Hsieh Reminds loanDepot Board to Concentrate on Company's Long-Term Success

IRVINE, Calif. , March 9, 2023 /PRNewswire/ -- Anthony Hsieh, the Founder and largest voting stockholder of loanDepot, Inc. (NYSE: LDI) ("loanDepot" or "the Company") issued the following statement af...

2 weeks ago - PRNewsWire

LoanDepot (LDI) Reports Q4 Loss, Lags Revenue Estimates

loanDepot (LDI) delivered earnings and revenue surprises of -76.92% and 14.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

loanDepot announces year-end and fourth quarter 2022 financial results

Company exits 2022 with significantly lower expense base driven by strong execution of Vision 2025 Plan. Investments in technology  and expanded product offerings position the Company for future succe...

2 weeks ago - PRNewsWire

7 Real Estate Stocks to Avoid as the Market Flip-Flops

Due to a combination of macroeconomic challenges and affordability constraints, investors should be aware of the real estate stocks to avoid. Admittedly, the contrarian narrative initially seems compe...

Other symbols: NMRKRDFNBRMKOPENRKTZZG
2 weeks ago - InvestorPlace

loanDepot, Inc. to report year-end and fourth quarter 2022 financial results on March 8, 2023

IRVINE, Calif. , Feb. 21, 2023 /PRNewswire/ -- loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company"), today announced that the Company will release its year-end an...

1 month ago - PRNewsWire

loanDepot completes migration of all mortgage loans to in-house servicing platform to support a best-in-class customer experience

Move advances Vision 2025 strategy, allowing for greater operational efficiency and diversification of revenue streams IRVINE, Calif. , Feb. 21, 2023 /PRNewswire/ -- Creating the best possible experie...

1 month ago - PRNewsWire

Home means everything for life: loanDepot brings unique Lifetime Guarantee to its HELOC customers

Benefit can save customers thousands of dollars on future refinance transactions  IRVINE, Calif. , Feb. 16, 2023 /PRNewswire/ -- Following the successful launch of its digital home equity line of cred...

1 month ago - PRNewsWire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating loanDepot, Inc.

Wilmington, Delaware--(Newsfile Corp. - February 8, 2023) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of loanDepot, Inc. (NYSE: LDI) on behalf of stockho...

1 month ago - Newsfile Corp

Anthony Hsieh Corrects the Record on loanDepot's Inaccurate Claims

IRVINE, Calif. , Feb. 8, 2023 /PRNewswire/ -- Anthony Hsieh, the Founder and largest voting stockholder of loanDepot, Inc. (NYSE: LDI) ("loanDepot" or "the Company") issued the following statement to ...

1 month ago - PRNewsWire

loanDepot Responds to Anthony Hsieh's Proxy Contest

Hsieh steps down as Executive Chairman IRVINE, Calif. , Feb. 8, 2023 /PRNewswire/ -- loanDepot, Inc. ("LDI" or the "Company") (NYSE: LDI) today announced that Anthony Hsieh has stepped down as Executi...

1 month ago - PRNewsWire

Anthony Hsieh, Founder and Controlling Stockholder of loanDepot, Sends Letter to Fellow Stockholders Nominating Steve Ozonian for Election as an Independent Director

IRVINE, Calif. , Feb. 7, 2023 /PRNewswire/ -- Anthony Hsieh, the Founder of loanDepot, Inc. (NYSE: LDI) ("loanDepot" or "the Company"), who holds over 40% of the economic interest and approximately 57...

1 month ago - PRNewsWire

loanDepot Director Pamela Hughes Patenaude Named Board Chair of Home Builders Institute

IRVINE, Calif. , Feb. 2, 2023 /PRNewswire/ -- loanDepot, Inc. (NYSE: LDI) ("loanDepot" or the "Company"), one of the nation's largest non-bank retail mortgage lenders, today issued the following state...

1 month ago - PRNewsWire

Industry Leader Black Knight to Help Fuel loanDepot's Next Generation of Lending Services

loanDepot will begin migration to Black Knight's cloud-based version of the Empower loan origination system (LOS) in mid-2023, with conversion expected to be complete in 2024 Empower will complement l...

Other symbols: BKI
2 months ago - PRNewsWire

loanDepot's Anthony Hsieh and Frank Martell recognized among Inman's 2023 "Power Players"

Index includes the most powerful people in the residential real estate industry IRVINE, Calif. , Jan. 18, 2023 /PRNewswire/ -- loanDepot, Inc.'s ("LDI" or "Company") (NYSE: LDI) Founder and Executive ...

2 months ago - PRNewsWire

loanDepot wins preliminary injunction against CrossCountry Mortgage

IRVINE, Calif. , Dec. 21, 2022 /PRNewswire/ -- In a significant legal victory for loanDepot ("LDI") (NYSE: LDI), the United States District Court for the Northern District of Illinois (the "Court") ye...

3 months ago - PRNewsWire

New survey from loanDepot illustrates how Home Equity Lines of Credit (HELOCs) can alleviate financial pressures for American homeowners

Amid inflation and rising consumer debt, findings show American households would put their HELOC funds to use quickly, ranking home upgrades and renovations as the top use IRVINE, Calif. , Dec. 15, 20...

3 months ago - PRNewsWire

loanDepot supports first-time buyers with dedicated portal that propels them on the path to homeownership

Tools include credit monitoring, home search, access to real estate professionals, and educational resources First-time homebuyers can get pre-approved and receive up to $4,500 in cash and incentives ...

4 months ago - PRNewsWire

loanDepot forms VA Council to serve US military veterans and active-duty service members on the path to home ownership

FOOTHILL RANCH, Calif. , Nov. 11, 2022 /PRNewswire/ -- VA home loans may offer a host of important advantages to United States Military veterans and active-duty servicemen and women, but persistent mi...

4 months ago - PRNewsWire

LoanDepot (LDI) Reports Q3 Loss, Tops Revenue Estimates

loanDepot (LDI) delivered earnings and revenue surprises of -42.31% and 1.38%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

loanDepot announces third quarter 2022 financial results

Decreased net loss by 39% on expense reduction; increased cash balances by 20% to $1.14 billion Lower market volumes and the exit of wholesale channel fueled revenue decrease of $34.4 million, or 11%....

4 months ago - PRNewsWire

Housing Market Braces For Rising Layoffs ‘Soon' As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs

Last week, home-selling platform Opendoor blamed "one of the most challenging real estate markets in 40 years" as it laid off 550 workers, and Wells Fargo is reportedly eyeing thousands of job cuts.

Other symbols: HDLOWOPENRDFNWFC
4 months ago - Forbes

loanDepot's ground-breaking digital home equity line of credit (HELOC) takes customers from quote to close in as little as seven days

Innovative new option gives homeowners fast and frictionless access to financing during all of life's critical moments FOOTHILL RANCH, Calif. , Nov. 3, 2022 /PRNewswire/ -- loanDepot, Inc. ("LDI" or "...

5 months ago - PRNewsWire

loanDepot and National HomeCorp launch NHC Mortgage

New joint venture seeks to bring the American dream of homeownership to more individuals and families across the country FOOTHILL RANCH, Calif. , Nov. 2, 2022 /PRNewswire/ -- loanDepot, one of the nat...

5 months ago - PRNewsWire