loanDepot, Inc. (NYSE:LDI) Given Consensus Rating of "Strong Sell" by Analysts

Key Points

• Analysts have assigned loanDepot a consensus recommendation of Strong Sell (three sell, two hold) with an average 12‑month price target of about $2.38.
• The company recently missed quarterly estimates—EPS ($0.10) vs. ($0.04) expected and revenue $316.3M vs. $333.3M—while showing negative ROE (‑18.29%), a negative net margin, and high leverage (debt/equity 8.22).
• CEO Anthony Li Hsieh sold 884,495 shares at an average price of $2.70 in January, and corporate insiders collectively own roughly 78.05% of outstanding shares.

Shares of loanDepot, Inc. (NYSE:LDI - Get Free Report) have received a consensus recommendation of "Strong Sell" from the five analysts that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating and two have issued a hold rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $2.3833.

LDI has been the topic of several analyst reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of loanDepot in a research report on Thursday, January 22nd. The Goldman Sachs Group set a $2.40 price target on shares of loanDepot in a research report on Tuesday, January 6th. Zacks Research cut shares of loanDepot from a "hold" rating to a "strong sell" rating in a report on Wednesday. Bank of America set a $1.75 target price on shares of loanDepot in a research note on Monday, December 1st. Finally, BTIG Research restated a "neutral" rating on shares of loanDepot in a research report on Wednesday, March 11th.

loanDepot Stock Up 3.0%

NYSE:LDI opened at $1.56 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 8.22. The stock has a 50 day moving average of $2.16 and a 200-day moving average of $2.63. The firm has a market capitalization of $518.19 million, a PE ratio of -5.36, a price-to-earnings-growth ratio of 0.47 and a beta of 3.47. loanDepot has a 52 week low of $1.01 and a 52 week high of $5.05.

loanDepot (NYSE:LDI - Get Free Report) last announced its quarterly earnings results on Tuesday, March 10th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.06). loanDepot had a negative return on equity of 18.29% and a negative net margin of 5.27%.The company had revenue of $316.27 million during the quarter, compared to the consensus estimate of $333.29 million. Analysts predict that loanDepot will post -0.23 EPS for the current year.

Insider Buying and Selling

In related news, CEO Anthony Li Hsieh sold 884,495 shares of the firm's stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $2.70, for a total value of $2,388,136.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 78.05% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On loanDepot

Institutional investors have recently bought and sold shares of the stock. Millennium Management LLC increased its stake in loanDepot by 622.6% during the 3rd quarter. Millennium Management LLC now owns 5,620,553 shares of the company's stock valued at $17,255,000 after buying an additional 4,842,751 shares during the period. Vanguard Group Inc. increased its stake in shares of loanDepot by 5.3% during the third quarter. Vanguard Group Inc. now owns 4,528,264 shares of the company's stock valued at $13,902,000 after acquiring an additional 226,347 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in loanDepot by 22.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,596,426 shares of the company's stock worth $5,375,000 after purchasing an additional 472,159 shares in the last quarter. Geode Capital Management LLC lifted its position in loanDepot by 7.3% in the fourth quarter. Geode Capital Management LLC now owns 2,194,199 shares of the company's stock worth $4,543,000 after purchasing an additional 148,644 shares during the period. Finally, UBS Group AG boosted its stake in loanDepot by 1,125.1% during the 3rd quarter. UBS Group AG now owns 2,020,027 shares of the company's stock valued at $6,201,000 after purchasing an additional 1,855,136 shares in the last quarter. Institutional investors and hedge funds own 39.39% of the company's stock.

loanDepot Company Profile

loanDepot, Inc NYSE: LDI is a leading non-bank consumer lender that provides a broad range of home and personal financing products through a digitally enabled platform. The company specializes in originating and servicing purchase and refinance mortgage loans, home equity lines of credit (HELOCs), and personal loans. Through its proprietary mello™ technology suite, loanDepot streamlines the application, underwriting, and closing processes for borrowers and real estate professionals, emphasizing speed, transparency, and a seamless digital experience.

Founded in 2010 by Anthony Hsieh, loanDepot has grown rapidly to become one of the largest independent mortgage lenders in the United States.

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