LendingTree (TREE)

• Market cap: $529M
• 1 day: 1.17%
• 5 days: -0.48%
• 1 month: -7.86%
• 3 months: -34.09%
• 6 months: -2.89%
• Year to date: 34.68%
• 1 year: 37.06%
• 5 years: -86.57%
• 10 years: -9.05%
• Sector: Financials
• Industry: Loan Brokers

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 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

85% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 20

56% more capital invested

Capital invested by funds: $385M [Q2] → $602M (+$217M) [Q3]

11% more funds holding

Funds holding: 159 [Q2] → 176 (+17) [Q3]

7.8% more ownership

Funds ownership: 69.97% [Q2] → 77.77% (+7.8%) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 57

5% less call options, than puts

Call options by funds: $12.5M | Put options by funds: $13.2M

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $58 46% upside
• Avg. target: $70 76% upside
• High target: $78 97% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Keefe, Bruyette & Woods Ryan Tomasello 20% 1-year accuracy 2 / 10 met price target	84% upside $73	Outperform Maintained	1 Nov 2024
Susquehanna James Friedman 67% 1-year accuracy 42 / 63 met price target	46% upside $58	Neutral Maintained	1 Nov 2024
Truist Securities Youssef Squali 58% 1-year accuracy 46 / 80 met price target	77% upside $70	Buy Maintained	1 Nov 2024
Oppenheimer Jed Kelly 80% 1-year accuracy 32 / 40 met price target	77% upside $70	Outperform Maintained	1 Nov 2024
Needham Mayank Tandon 67% 1-year accuracy 77 / 115 met price target	97% upside $78	Buy Maintained	1 Nov 2024