loanDepot, Inc. (LDI)
Market Cap | 765.72M |
Revenue (ttm) | 974.02M |
Net Income (ttm) | -110.14M |
Shares Out | 323.09M |
EPS (ttm) | -0.63 |
PE Ratio | n/a |
Forward PE | 521.45 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 316,054 |
Open | 2.420 |
Previous Close | 2.420 |
Day's Range | 2.320 - 2.500 |
52-Week Range | 1.140 - 3.710 |
Beta | 3.13 |
Analysts | Sell |
Price Target | 2.17 (-8.44%) |
Earnings Date | May 7, 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 3 analysts, the average rating for LDI stock is "Sell." The 12-month stock price forecast is $2.17, which is a decrease of -8.44% from the latest price.
News
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.
loanDepot, Inc. to Report Fourth Quarter and Year-End 2023 Financial Results on March 12, 2024
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. to report fourth quarter and year-end 2023 financial results on March 12, 2024.
loanDepot earns HousingWire's 2024 Tech100 Mortgage award
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot has received HousingWire's 2024 “Tech 100 Mortgage” award, celebrating the most innovative and impactful organizations in housing.
loanDepot recognized as a 2024 Diversity Leader by National Mortgage Professional Magazine
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot has been selected as one of National Mortgage Professional Magazine's “Diversity Leaders” for 2024.
loanDepot's Dan Hanson inducted to California Homebuilding Foundation's Hall of Fame
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot Executive Director Dan Hanson will be inducted to the California Homebuilding Foundation's Hall of Fame.
loanDepot President and CEO Frank Martell recognized among Inman's 2024 “Power Players” for second consecutive year
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot President and CEO Frank Martell was recognized on Inman's 2024 “Power Players” list.
loanDepot Provides Update on Cyber Incident
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), a leading provider of home lending solutions, today provided an update on the cyber incident i...
LoanDepot Continues to Restore Business Operations Amid Cybersecurity Incident
LoanDepot continues to deal with a cybersecurity incident that began Jan. 8. Customers said on social media and forums that they have been unable to access their online accounts, submit mortgage payme...
loanDepot Says Cybersecurity Incident Accessed Some Systems, Encrypted Data
Mortgage company loanDepot experienced a cybersecurity incident on Monday (Jan. 8). In a cyber incident update posted on its website on Monday at 6 a.m.
loanDepot's mellohome Launches Partnerships for Solar Installation, Home Improvement and Maintenance Services
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced its mellohome real estate affiliate has partnered with top providers in the solar, home improvement, and home maintenance sp...
loanDepot featured in Orange County Business Journal's fourth annual report on “Companies That Care”
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot has been named in Orange County Business Journal's fourth annual “Companies That Care” report.
Loan Depot, Inc. and Cardinal Financial Corporation Face Class Action Disputes Over Deceptive Practices
Consumers accuse companies of misrepresentation on loan payments DALLAS , Dec. 13, 2023 /PRNewswire/ -- Noted trial attorney Rogge Dunn has filed two class action lawsuits in state court in Dallas Co...
loanDepot Introduces New Digital Underwriting Engine That Delivers Conditional Loan Approval in Minutes
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot unveiled its fully automated melloNow underwriting engine, which can deliver a fully conditional loan approval in minutes.
loanDepot CIO George Brady honored with HousingWire's 2023 Tech Trendsetters award
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot's CIO George Brady received HousingWire's 2023 “Tech Trendsetters” award.
loanDepot Joins EXIT Realty's Strategic Partner Network
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of home lending solutions that enable customers to achieve the dream of hom...
loanDepot Announces Third Quarter 2023 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, “loanDepot” or the “Company”), a leading provider of home lending solutions that enable cust...