loanDepotLDI
LDI
About: loanDepot Inc provides nonbank consumer lending solutions for individuals in the United States. It offers personal, residential home, home refinancing, mortgage and home equity loans. It also provides online mortgage loans for refinancing and home purchases. It serves customers through distribution channels, including consumer direct centres, retail branches, wholesale centres, and consumer finance and servicing centres in the United States. It competes with commercial banks and financial institutions.
Employees: 4,615
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
157% more call options, than puts
Call options by funds: $1.12M | Put options by funds: $436K
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
64% more capital invested
Capital invested by funds: $45.3M [Q2] → $74.4M (+$29.1M) [Q3]
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
13% more funds holding
Funds holding: 61 [Q2] → 69 (+8) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
1.3% less ownership
Funds ownership: 32.21% [Q2] → 30.91% (-1.3%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$2.70
52%
upside
Avg. target
$2.70
52%
upside
High target
$2.70
52%
upside
1 analyst rating
0 positive
0%
0 neutral
0%
1 negative
100%
Goldman Sachs Ryan Nash 52% 1-year accuracy 13 / 25 met price target | 52%upside $2.70 | Sell Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 3 articles about LDI published over the past 30 days
Neutral
Business Wire
1 week ago
loanDepot Names Bart Evans Regional Vice President in the Southeast
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of products and services that power the homeownership journey, has appointed Bart Evans as regional vice president, managing a Southeastern geography that includes Alabama, Arkansas, and Tennessee. Evans will report to Senior Vice President of Production Paul Ramos. “As a former professional baseball player, Bart knows the value of hard work, competitiveness and collaboration. He starts every d.
Neutral
Business Wire
1 week ago
Teresa Carlile Appointed President of Ridgeland Mortgage
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Ridgeland Mortgage, the recently formed joint venture between leading mortgage lender loanDepot, Inc. (NYSE: "LDI") and the nation's 36th largest new home builder Smith Douglas Homes (NYSE: "SDHC"), has appointed veteran mortgage leader Teresa Carlile as president. In her role, Carlile will lead the business' growth and daily operations, striving to provide a smooth and streamlined financing experience for Smith Douglas Homes' customers.
Neutral
Business Wire
2 weeks ago
loanDepot Featured in Orange County Business Journal's 2024 “Companies That Care” Report
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of products and services that power the homeownership journey, was featured in the Orange County Business Journal's (OCBJ) 2024 “Companies That Care” report, recognizing extraordinary contributions of businesses making a difference in the Orange County, Calif., community. With a culture deeply rooted in volunteerism and community support, loanDepot earned a place on the list for its ongoing sup.
Neutral
Business Wire
1 month ago
loanDepot Launches "Home Means Everything" Campaign, Highlighting Transformational Customer Stories in Their Own Voices
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), a leading provider of products and services that power the homeownership journey, has launched its new “Home Means Everything” brand campaign, sharing transformational stories from the company's customers in their own voices. “At loanDepot, we have always known that home is more than a place—it means everything,” said loanDepot Chief Marketing Officer Alec Hanson. “The Home Means Everything campaign captures the.
Neutral
Business Wire
2 months ago
loanDepot Recognized as One of 2024's “Best Military Lenders” by National Mortgage Professional
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), one of the nation's leading VA lenders and a leading provider of products and services that power the homeownership journey, has been named one of the year's “Best Military Lenders” by National Mortgage Professional. The recognition “celebrates lenders who go above and beyond to serve military members, their spouses, and Veterans,” according to the outlet. “At loanDepot we feel tremendous respect and appreciation.
Positive
Zacks Investment Research
2 months ago
loanDepot (LDI) Shows Fast-paced Momentum But Is Still a Bargain Stock
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, loanDepot (LDI) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Positive
PYMNTS
2 months ago
loanDepot Sees Loan Originations Grow Amid ‘Normalizing' Housing Market
loanDepot's earnings showed growth in loan originations as interest rates fell, homebuyers looked to refinance, and the housing market has entered what management termed a more normalized environment. The company returned to profitability for the first time since the fourth quarter of 2022 and introduced a new strategic roadmap.
Neutral
Seeking Alpha
2 months ago
loanDepot, Inc. (LDI) Q3 2024 Earnings Conference Call Transcript
loanDepot, Inc. (NYSE:LDI ) Q3 2024 Earnings Conference Call November 5, 2024 5:00 PM ET Company Participants Gerhard Erdelji - SVP, IR Frank Martell - President and CEO David Hayes - CFO Jeff Walsh - President, LDI Mortgage Jeff DerGurahian - Chief Investment Officer Conference Call Participants Douglas Harter - UBS Derek Sommers - Jefferies Operator Good afternoon, and welcome to loanDepot's Third Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise.
Positive
Zacks Investment Research
2 months ago
Here's What Key Metrics Tell Us About loanDepot (LDI) Q3 Earnings
The headline numbers for loanDepot (LDI) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
2 months ago
LoanDepot (LDI) Beats Q3 Earnings and Revenue Estimates
LoanDepot (LDI) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.15 per share a year ago.
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