loanDepot, Inc. (LDI)
|Net Income (ttm)||-273.02M|
|Ex-Dividend Date||Apr 1, 2022|
|Day's Range||1.63 - 1.71|
|52-Week Range||1.25 - 4.47|
|Price Target||1.92 (+16.36%)|
|Earnings Date||May 8, 2023|
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]
Financial PerformanceFinancial Statements
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.
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...
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 /...
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...
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?
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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...
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?
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%....
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.
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 "...
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...