LendingTree, Inc. (TREE)

NASDAQ: TREE · Real-Time Price · USD
40.29
+1.85 (4.81%)
Dec 26, 2024, 4:00 PM EST - Market closed
4.81%
Market Cap 538.36M
Revenue (ttm) 773.05M
Net Income (ttm) -36.49M
Shares Out 13.36M
EPS (ttm) -2.77
PE Ratio n/a
Forward PE 10.77
Dividend n/a
Ex-Dividend Date n/a
Volume 219,448
Open 38.19
Previous Close 38.44
Day's Range 37.66 - 40.46
52-Week Range 24.55 - 62.49
Beta 2.06
Analysts Buy
Price Target 64.00 (+58.85%)
Earnings Date Oct 31, 2024

About TREE

LendingTree, Inc., through its subsidiary, operates online consumer platform in the United States. It operates through three segments: Home, Consumer, and Insurance. The Home segment offers purchase mortgage, refinance mortgage, and home equity loans and lines of credit; and real estate brokerage services. The Consumer segment provides credit cards; personal, small business, student, and auto loans; deposit accounts; and other credit products, such as debt settlement services. The Insurance segment includes information, tools, and access to ins... [Read more]

Sector Financials
Founded 1996
Employees 860
Stock Exchange NASDAQ
Ticker Symbol TREE
Full Company Profile

Financial Performance

In 2023, LendingTree's revenue was $672.50 million, a decrease of -31.73% compared to the previous year's $984.99 million. Losses were -$122.40 million, -34.87% less than in 2022.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for TREE stock is "Buy." The 12-month stock price forecast is $64.0, which is an increase of 58.85% from the latest price.

Price Target
$64.0
(58.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

LendingTree: Buy The Dip, If Bullish On A 2025 Housing Recovery

LendingTree, Inc. has surged over the past year, but a recent pullback may have some believing it is time to sell/avoid this stock. However, with TREE stock, the potential for further price appreciati...

21 days ago - Seeking Alpha

Kastle Named Winner of LendingTree's 2024 Innovation Challenge with Groundbreaking AI Voice Technology

CHARLOTTE, N.C. , Nov. 26, 2024 /PRNewswire/ -- LendingTree®, the nation's leading marketplace for loans, credit cards, and insurance and more, recently held the company's annual Lender Summit, bringi...

4 weeks ago - PRNewsWire

Coverdash Partners With LendingTree to Launch Its First-Ever Insurance Offering for Startups and SMBs

NEW YORK--(BUSINESS WIRE)--Coverdash, the fastest growing startup and SMB-focused insurtech broker, and LendingTree, the nation's leading online financial marketplace, today announced a partnership to...

5 weeks ago - Business Wire

LendingTree, Inc. to Present at the Stephens Annual Investment Conference

CHARLOTTE, N.C. , Nov. 15, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will ...

5 weeks ago - PRNewsWire

LendingTree, Inc. (TREE) Q3 2024 Earnings Call Transcript

LendingTree, Inc. (NASDAQ:TREE) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Andrew Wessel - SVP, IR &Corporate Development Doug Lebda - Chairman & CEO Jason Beng...

2 months ago - Seeking Alpha

LendingTree, Inc. to Report Third Quarter 2024 Earnings on October 31, 2024

CHARLOTTE, N.C. , Oct. 14, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will ...

2 months ago - PRNewsWire

LendingTree: Solid Fundamental And Financial Outlook Is Backing Price Momentum

LendingTree's share price surged 90% YTD and 271% in the last twelve months, driven by strong performance and expected rate cuts boosting demand. Fundamentals are strengthening with prospects of rate ...

3 months ago - Seeking Alpha

iLending honored to receive Top 3 Customer Satisfaction Recognition from LendingTree

Englewood CO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- iLending, a leading provider of auto refinance solutions, proudly announces its remarkable achievement of being recognized as a LendingTree partner rate...

4 months ago - GlobeNewsWire

LendingTree, Inc. (TREE) Q2 2024 Earnings Call Transcript

LendingTree, Inc. (NASDAQ:TREE) Q2 2024 Earnings Call Transcript July 25, 2024 5:00 PM ET Company Participants Andrew Wessel - SVP of IR and Corporate Development Doug Lebda - Chairman and CEO Jason ...

5 months ago - Seeking Alpha

LENDINGTREE REPORTS SECOND QUARTER 2024 RESULTS

Insurance Segment Continues Strong Rebound Driving 15% Revenue Growth Consolidated revenue of $210.1 million GAAP net income of $7.8 million or $0.58 per diluted share Variable marketing margin of $70...

5 months ago - PRNewsWire

LendingTree, Inc. to Report Second Quarter 2024 Earnings on July 25, 2024

CHARLOTTE, N.C. , July 15, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will ...

5 months ago - PRNewsWire

Hacked customer data from LendingTree subsidiary is being auctioned: report

Hackers are auctioning off consumer data from QuoteWizard, a subsidiary of the lending platform LendingTree Inc., Bloomberg News reported on Thursday.

6 months ago - Market Watch

LendingTree Announces Chief Financial Officer Transition, Additional Leadership Promotions

Company to exceed Q2 revenue guidance and maintains Adjusted EBITDA outlook CHARLOTTE, N.C. , June 18, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), is the parent of LendingTree, LLC and seve...

6 months ago - PRNewsWire

LendingTree, Inc. (TREE) Q1 2024 Earnings Call Transcript

LendingTree, Inc. (NASDAQ:TREE) Q1 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants Andrew Wessel - Head of IR Doug Lebda - Chairman, Chief Executive Officer, and Founder ...

8 months ago - Seeking Alpha

LENDINGTREE REPORTS FIRST QUARTER 2024 RESULTS

Insurance Segment Strength and Operating Leverage Drive Strong Results at Top or Above of Forecasted Range Consolidated revenue of $167.8 million GAAP net income of $1.0 million or $0.08 per diluted s...

8 months ago - PRNewsWire

LendingTree, Inc. to Report First Quarter 2024 Earnings on April 30, 2024

CHARLOTTE, N.C. , April 16, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will...

9 months ago - PRNewsWire

LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment'

LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 milli...

9 months ago - PYMNTS

LENDINGTREE ANNOUNCES $175 MILLION FINANCING FROM APOLLO FUNDS

CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) ("LendingTree" or the "Company"), operator of LendingTree.com, the nation's leading online financial services marketpla...

9 months ago - PRNewsWire

LendingTree, Inc. (TREE) Q4 2023 Earnings Call Transcript

LendingTree, Inc. (NASDAQ:TREE) Q4 2023 Earnings Conference Call February 27, 2024 9:00 AM ET

10 months ago - Seeking Alpha

LENDINGTREE REPORTS FOURTH QUARTER 2023 RESULTS

Trough AEBITDA Levels Set to Inflect as Insurance Recovery Gathers Pace Consolidated revenue of $134.4 million GAAP net income of $12.7 million or $0.98 per diluted share Variable marketing margin of ...

10 months ago - PRNewsWire

LendingTree, Inc. to Report Fourth Quarter 2023 Earnings on February 27, 2024

CHARLOTTE, N.C. , Feb. 20, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will ...

11 months ago - PRNewsWire

Ahead of Groundhog Day, LendingTree Introduces Spring: A Fresh New App Where Smart Money Habits Take Root

CHARLOTTE, N.C. , Feb. 1, 2024 /PRNewswire/ -- LendingTree®, one of the nation's largest, most experienced online financial platforms proudly announces the launch of its innovative, freshly redesigned...

11 months ago - PRNewsWire

LendingTree Repurchases Portion of 2025 Convertible Notes

CHARLOTTE, N.C. , Dec. 6, 2023 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE) (the "Company"), operator of LendingTree.com, the nation's leading online financial services marketplace, announced toda...

1 year ago - PRNewsWire

Newzip Named Winner of LendingTree's 2023 Innovation Challenge Winner

CHARLOTTE, N.C. , Nov. 30, 2023 /PRNewswire/ -- LendingTree®, the nation's leading marketplace for loans, credit cards, and insurance and more, held the company's annual Lender Summit, which brings to...

1 year ago - PRNewsWire

We are going to see delinquencies continue to rise, says LendingTree's Matt Schulz

Matt Schulz, LendingTree chief credit analyst, and CNBC's Steve Liesman join 'The Exchange' to discuss the jump in delinquency rates from the second quarter, the health of the consumer, and more.

1 year ago - CNBC Television