$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
—
EPS estimate
—
Revenue estimate
—
−0.51 USD
−110.14 M USD
971.62 M USD
65.34 M
About loanDepot, Inc.
Sector
Industry
CEO
Frank D. Martell
Website
Headquarters
Irvine
Founded
2009
FIGI
BBG00B5Z6KK9
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.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of LDI is 2.77 USD — it has increased by 6.04% in the past 24 hours. Watch loanDepot, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange loanDepot, Inc. stocks are traded under the ticker LDI.
LDI stock has risen by 30.70% compared to the previous week, the month change is a 37.75% rise, over the last year loanDepot, Inc. has showed a 99.28% increase.
We've gathered analysts' opinions on loanDepot, Inc. future price: according to them, LDI price has a max estimate of 3.50 USD and a min estimate of 1.70 USD. Watch LDI chart and read a more detailed loanDepot, Inc. stock forecast: see what analysts think of loanDepot, Inc. and suggest that you do with its stocks.
LDI stock is 7.52% volatile and has beta coefficient of 2.82. Track loanDepot, Inc. stock price on the chart and check out the list of the most volatile stocks — is loanDepot, Inc. there?
Today loanDepot, Inc. has the market capitalization of 532.61 M, it has increased by 27.40% over the last week.
Yes, you can track loanDepot, Inc. financials in yearly and quarterly reports right on TradingView.
loanDepot, Inc. is going to release the next earnings report on Feb 13, 2025. Keep track of upcoming events with our Earnings Calendar.
LDI earnings for the last quarter are 0.03 USD per share, whereas the estimation was −0.04 USD resulting in a 165.51% surprise. The estimated earnings for the next quarter are −0.01 USD per share. See more details about loanDepot, Inc. earnings.
loanDepot, Inc. revenue for the last quarter amounts to 314.60 M USD, despite the estimated figure of 276.06 M USD. In the next quarter, revenue is expected to reach 303.13 M USD.
LDI net income for the last quarter is 1.37 M USD, while the quarter before that showed −32.21 M USD of net income which accounts for 104.25% change. Track more loanDepot, Inc. financial stats to get the full picture.
As of Nov 12, 2024, the company has 5.30 K employees. See our rating of the largest employees — is loanDepot, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. loanDepot, Inc. EBITDA is 138.24 M USD, and current EBITDA margin is 9.22%. See more stats in loanDepot, Inc. financial statements.
Like other stocks, LDI 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. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So loanDepot, Inc. technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating loanDepot, Inc. stock shows the strong buy signal. See more of loanDepot, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.