LendingTree - TREE Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LendingTree in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TREE shares.
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6 equities research analysts have issued twelve-month target prices for LendingTree's shares. Their TREE share price forecasts range from $32.00 to $160.00. On average, they anticipate the company's share price to reach $106.57 in the next twelve months. This suggests a possible upside of 393.2% from the stock's current price.
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LendingTree's stock was trading at $122.60 on January 1st, 2022. Since then, TREE shares have decreased by 82.4% and is now trading at $21.61.
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The company is scheduled to release its next quarterly earnings announcement on Friday, February 24th 2023.
View our TREE earnings forecast.

LendingTree, Inc. (NASDAQ:TREE) announced its quarterly earnings results on Thursday, October, 28th. The financial services provider reported $0.75 EPS for the quarter, beating analysts' consensus estimates of ($0.56) by $1.31. The financial services provider earned $297.40 million during the quarter, compared to the consensus estimate of $292.57 million. LendingTree had a negative trailing twelve-month return on equity of 14.85% and a negative net margin of 12.45%. The business's revenue for the quarter was up 35.0% on a year-over-year basis. During the same quarter last year, the business posted ($1.33) EPS.

LendingTree updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $202.00 million-$217.00 million, compared to the consensus revenue estimate of $217.57 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 shareholders include Vanguard Group Inc. (8.61%), Baillie Gifford & Co. (4.90%), The Manufacturers Life Insurance Company (2.10%), Federated Hermes Inc. (2.09%), Renaissance Technologies LLC (1.90%) and Assenagon Asset Management S.A. (1.71%). Insiders that own company stock include Carla Shumate, Douglas R Lebda, G Kennedy Thompson, Jill Olmstead, Mark A Ernst, Neil Salvage, Robin Henderson and Valentyna S Decristo.
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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 $21.61.

LendingTree (NASDAQ:TREE) has a market capitalization of $276.31 million and generates $1.10 billion in revenue each year. The financial services provider earns $69.11 million in net income (profit) each year or ($10.38) on an earnings per share basis.

The company employs 1,425 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.