LendingTree (TREE) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LendingTree in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TREE shares.
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7 equities research analysts have issued twelve-month price objectives for LendingTree's stock. Their TREE share price forecasts range from $17.00 to $48.00. On average, they predict the company's stock price to reach $34.75 in the next year. This suggests a possible upside of 59.0% from the stock's current price.
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LendingTree's stock was trading at $21.33 at the start of the year. Since then, TREE stock has increased by 2.5% and is now trading at $21.86.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our TREE earnings forecast.

LendingTree, Inc. (NASDAQ:TREE) announced its quarterly earnings results on Monday, February, 27th. The financial services provider reported $0.38 EPS for the quarter, topping analysts' consensus estimates of ($0.34) by $0.72. The financial services provider had revenue of $202.10 million for the quarter, compared to the consensus estimate of $208.13 million. LendingTree had a negative trailing twelve-month return on equity of 16.17% and a negative net margin of 18.14%. LendingTree's revenue for the quarter was down 21.8% compared to the same quarter last year. During the same quarter last year, the company posted ($1.23) earnings per share.

ETFs with the largest weight of LendingTree (NASDAQ:TREE) stock in their portfolio include Invesco S&P SmallCap 600 Pure Value ETF (RZV), Global X E-Commerce ETF (EBIZ), Amplify Inflation Fighter ETF (IWIN), Invesco S&P SmallCap Financials ETF (PSCF), Global X FinTech Thematic ETF (FINX), Global X Millennial Consumer ETF (MILN) and AdvisorShares Dorsey Wright Short ETF (DWSH) and

LendingTree issued an update on its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $190.00 million-$200.00 million, compared to the consensus revenue estimate of $244.27 million.

99 employees have rated LendingTree Chief Executive Officer Doug Lebda on Glassdoor.com. Doug Lebda has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other LendingTree investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), PayPal (PYPL), Tesla (TSLA), Micron Technology (MU), Block (SQ), Salesforce (CRM), Walt Disney (DIS) and Mastercard (MA).

LendingTree trades on the NASDAQ under the ticker symbol "TREE."

LendingTree's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (18.04%), Baillie Gifford & Co. (4.38%), American Century Companies Inc. (2.38%), Federated Hermes Inc. (2.09%), Dimensional Fund Advisors LP (1.90%) and Geode Capital Management LLC (1.73%). Insiders that own company stock include Carla Shumate, Diego A Rodriguez, Douglas R Lebda, G Kennedy Thompson, Jill Olmstead, Mark A Ernst, Neil Salvage and Robin Henderson.
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Shares of TREE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TREE stock can currently be purchased for approximately $21.86.

LendingTree (NASDAQ:TREE) has a market capitalization of $282.21 million and generates $984.99 million in revenue each year. The financial services provider earns $-187,950,000.00 in net income (profit) each year or ($12.84) on an earnings per share basis.

The company employs 1,253 workers across the globe.

LendingTree's mailing address is 11115 RUSHMORE DRIVE, CHARLOTTE NC, 28277. The official website for the company is www.lendingtree.com. The financial services provider can be reached via phone at (704) 541-5351, via email at investors@lendingtree.com, or via fax at 704-541-5352.