NASDAQ:TREE - Lendingtree Stock Price, Forecast & News

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

Lendingtree declared that its board has initiated a stock buyback program on Friday, February 23rd 2018, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Lendingtree Inc (NASDAQ:TREE) posted its earnings results on Wednesday, October, 30th. The financial services provider reported $2.25 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.63 by $1.62. The financial services provider had revenue of $310.60 million for the quarter, compared to analyst estimates of $295.26 million. Lendingtree had a return on equity of 14.58% and a net margin of 1.20%. The business's revenue was up 57.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.92 earnings per share. View Lendingtree's Earnings History.

Lendingtree is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Lendingtree.

Lendingtree issued an update on its FY 2019 Pre-Market earnings guidance on Wednesday, December, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$1.105-1.105 billion, compared to the consensus revenue estimate of $$1.11 billion.

12 brokers have issued 1-year target prices for Lendingtree's stock. Their forecasts range from $340.00 to $450.00. On average, they anticipate Lendingtree's share price to reach $380.09 in the next year. This suggests a possible upside of 23.1% from the stock's current price. View Analyst Price Targets for Lendingtree.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lendingtree in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lendingtree.

Media coverage about TREE stock has been trending somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lendingtree earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Lendingtree.

Some companies that are related to Lendingtree include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Washington Federal (WAFD), Simply Good Foods (SMPL), WSFS Financial (WSFS), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB), Brookline Bancorp (BRKL) and OceanFirst Financial (OCFC).

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), Adobe (ADBE), Palo Alto Networks (PANW), Micron Technology (MU), salesforce.com (CRM), Booking (BKNG) and Gilead Sciences (GILD).

Lendingtree's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.34%), Louisiana State Employees Retirement System (0.01%), State of Alaska Department of Revenue (0.01%), Assenagon Asset Management S.A. (0.01%) and Alpine Global Management LLC (0.01%). Company insiders that own Lendingtree stock include Carla Shumate, Douglas R Lebda, G Kennedy Thompson, Gabriel Dalporto, Gci Liberty, Inc, J D Moriarty, Neil Salvage, Peter Horan, Robin Henderson, Steven Ozonian and Sushil Sharma. View Institutional Ownership Trends for Lendingtree.

TREE stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc. and State of Alaska Department of Revenue. Company insiders that have sold Lendingtree company stock in the last year include Carla Shumate, Gabriel Dalporto, J D Moriarty, Neil Salvage, Peter Horan, Steven Ozonian and Sushil Sharma. View Insider Buying and Selling for Lendingtree.

TREE stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Alpine Global Management LLC and Louisiana State Employees Retirement System. Company insiders that have bought Lendingtree stock in the last two years include G Kennedy Thompson and Gci Liberty, Inc. View Insider Buying and Selling for Lendingtree.

Shares of TREE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TREE stock can currently be purchased for approximately $308.82.

Lendingtree has a market capitalization of $4.01 billion and generates $764.86 million in revenue each year. The financial services provider earns $96.50 million in net income (profit) each year or $8.88 on an earnings per share basis. Lendingtree employs 892 workers across the globe.View Additional Information About Lendingtree.

The official website for Lendingtree is http://www.lendingtree.com/.

Lendingtree's mailing address is 11115 RUSHMORE DRIVE, CHARLOTTE NC, 28277. The financial services provider can be reached via phone at 704-541-5351 or via email at [email protected]