LendingTreeTREE
About: LendingTree Inc is a United States-based company that is principally engaged in operating an online loan marketplace. The company provides online tools and resources that can help consumers find loans or other credit-based offerings They need, including mortgage loans, reverse mortgage, home equity, personal loans, auto loans, credit cards, student loans, small business loans, and other related offerings. The company offers consumers direct access to a broad range of lenders. They have three reportable segments which are Home, Consumer, and Insurance. The company generates match fees by matching consumers with lenders, and closing fees from lenders on loans when a transaction is closed. The company operates business solely in the United States.
Employees: 870
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
3% more funds holding
Funds holding: 155 [Q1] → 159 (+4) [Q2]
7.09% less ownership
Funds ownership: 75.53% [Q1] → 68.44% (-7.09%) [Q2]
10% less capital invested
Capital invested by funds: $416M [Q1] → $376M (-$39.8M) [Q2]
13% less call options, than puts
Call options by funds: $7.05M | Put options by funds: $8.11M
32% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 63
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Oppenheimer Jed Kelly 87% 1-year accuracy 20 / 23 met price target | 9%upside $65 | Outperform Maintained | 30 Jul 2024 |
Stephens & Co. John Campbell 81% 1-year accuracy 25 / 31 met price target | 9%upside $65 | Overweight Maintained | 29 Jul 2024 |
Northland Capital Markets Mike Grondahl 68% 1-year accuracy 13 / 19 met price target | 0%upside $60 | Market Perform Maintained | 26 Jul 2024 |
Truist Securities Youssef Squali 71% 1-year accuracy 54 / 76 met price target | 0%upside $60 | Buy Maintained | 26 Jul 2024 |
Susquehanna James Friedman 62% 1-year accuracy 32 / 52 met price target | 16%downside $50 | Neutral Maintained | 26 Jul 2024 |