$LDI stock poised for large gains in 2024NYSE:LDI hammered during the rise in rates, the turning point is coming in 2024.
Next report date
Report period
Q1 2024
EPS estimate
−0.05EUR
Revenue estimate
214.62 MEUR
−0.57EUR
−99.79 MEUR
880.30 MEUR
63.35 M
About loanDepot, Inc.
Sector
Industry
CEO
Frank D. Martell
Website
Headquarters
Irvine
Employees (FY)
5.3 K
Founded
2009
FIGI
BBG00Z3W0L56
loanDepot, Inc. engages in the business of originating, financing, selling, and servicing residential mortgage loans, title, escrow, and settlement services for mortgage loan transactions. It also offers a variety of loan products and in-house servicing platforms. The company was founded by Anthony Hsieh in December 2009 and is headquartered in Irvine, CA.
$LDI undervalued...$2B market cap, $4.5B annual revenue, insider CEO buys of $8.7M, past earnings...seems like a reasonable play here...
ADD LDI to your watchlist: good for buyHi dear traders
it seems LDI is in a good position to buy:
1- it lost 82% of its value
2- we can see a wedge pattern in the chart
3- there is a good volume in volume profile in this area; based on this, it seems that we are in the accumulation range
4- we can see Divergence in the RSI in the daily t
loanDepot Inc 🧙 loanDepot Inc was incorporated in Delaware on July 10, 2015. The Company provides nonbank consumer lending solutions for individuals in the United States. It offers personal, residential home, home refinancing, mortgage and home equity loan. It also provides online mortgage loans for refinancing and
loanDepot $LDI great upside potential in mortgage spaceLoan Depot's price soared after their IPO in February 2021 but has settled deep into "good value" territory.
Research
TipRanks median price target is $22
Ignoring the initial spike, price is still down about 38% from the $21 range to $13.09
Heavily shorted, Yahoo % of Short Float is 15%
LDI Wedge Upchart shows a wedge being formed for LDI. Once it broke it first trend coming out of its IPO stage it has begun this wedge. It is also substantially undervalued stilll which makes me think we wi;l see the real value of this stock at the end of this wedge.
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Frequently Asked Questions
Depending on the exchange, the stock ticker may vary. For instance, on FWB exchange LOANDEPOT INC. A stocks are traded under the ticker LDD.
LOANDEPOT INC. A is going to release the next earnings report on May 7, 2024. Keep track of upcoming events with our Earnings Calendar.
LDD earnings for the last quarter are −0.06 EUR per share, whereas the estimation was −0.08 EUR resulting in a 16.14% surprise. The estimated earnings for the next quarter are −0.07 EUR per share. See more details about LOANDEPOT INC. A earnings.
LOANDEPOT INC. A revenue for the last quarter amounts to 251.31 M EUR despite the estimated figure of 254.30 M EUR. In the next quarter revenue is expected to reach 214.50 M EUR.
Yes, you can track LOANDEPOT INC. A financials in yearly and quarterly reports right on TradingView.
LDD net income for the last quarter is −24.64 M EUR, while the quarter before that showed −15.70 M EUR of net income which accounts for −56.90% change. Track more LOANDEPOT INC. A financial stats to get the full picture.
Like other stocks, LDD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade LOANDEPOT INC. A stock right from TradingView charts — choose your broker and connect to your account.
As of May 2, 2024, the company has 5.30 K employees. See our rating of the largest employees — is LOANDEPOT INC. A on this list?
We've gathered analysts' opinions on LOANDEPOT INC. A future price: according to them, LDD price has a max estimate of 3.23 EUR and a min estimate of 1.75 EUR. Read a more detailed LOANDEPOT INC. A forecast: see what analysts think of LOANDEPOT INC. A and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. LOANDEPOT INC. A EBITDA is 81.12 M EUR, and current EBITDA margin is 9.22%. See more stats in LOANDEPOT INC. A financial statements.