LendingTree - TREE Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LendingTree in the last year. There are currently 3 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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8 Wall Street research analysts have issued 1 year target prices for LendingTree's shares. Their TREE share price forecasts range from $34.00 to $160.00. On average, they predict the company's stock price to reach $72.25 in the next twelve months. This suggests a possible upside of 179.8% 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 21.1% and is now trading at $25.82.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our TREE earnings forecast.

LendingTree, Inc. (NASDAQ:TREE) released its quarterly earnings data 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 earned $202.10 million during the quarter, compared to analyst estimates of $208.13 million. LendingTree had a negative trailing twelve-month return on equity of 14.55% and a negative net margin of 19.08%. LendingTree's revenue was down 21.8% compared to the same quarter last year. During the same period last year, the business posted ($1.23) EPS.

ETFs with the largest weight of LendingTree (NASDAQ:TREE) stock in their portfolio include Global X E-Commerce ETF (EBIZ), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Principal U.S. Small-Cap Multi-Factor ETF (PSC), Inspire Small/Mid Cap ETF (ISMD), Invesco S&P SmallCap 600 Equal Weight ETF (EWSC), Amplify Inflation Fighter ETF (IWIN), Global X FinTech Thematic ETF (FINX) and Invesco S&P SmallCap Financials ETF (PSCF).

LendingTree issued an update on its first quarter 2023 earnings guidance on Monday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $200.00 million-$210.00 million, compared to the consensus revenue estimate of $231.56 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 a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (4.40%), Granahan Investment Management LLC (3.20%), Monaco Asset Management SAM (2.61%), Renaissance Technologies LLC (2.01%), Morgan Stanley (1.83%) and Geode Capital Management LLC (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 $25.82.

LendingTree (NASDAQ:TREE) has a market capitalization of $330.75 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 ($14.72) 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.