NASDAQ:TREE - Lendingtree Stock Price, Price Target & More

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

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

Lendingtree Inc (NASDAQ:TREE) posted its quarterly earnings results on Thursday, April, 26th. The financial services provider reported $1.10 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.12 by $0.02. The financial services provider had revenue of $181 million for the quarter, compared to analyst estimates of $174.13 million. Lendingtree had a return on equity of 11.81% and a net margin of 6.04%. The business's revenue for the quarter was up 36.6% on a year-over-year basis. During the same period last year, the company posted $0.85 EPS. View Lendingtree's Earnings History.

16 equities research analysts have issued twelve-month price targets for Lendingtree's shares. Their forecasts range from $194.00 to $425.00. On average, they expect Lendingtree's stock price to reach $340.2667 in the next year. This suggests a possible upside of 44.0% from the stock's current price. View Analyst Ratings for Lendingtree.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lendingtree in the last year. There are currently 1 sell rating, 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Lendingtree include Cincinnati Financial (CINF), Mid-America Apartment Communities (MAA), Bank of East Asia (BKEAY), AGEAS/S (AGESY), Iron Mountain (IRM), Invesco (IVZ), Regency Centers (REG), RAIFFEISEN Intl/ADR (RAIFY), Duke Realty (DRE), Woori Bank (WF), SINO Ld Ltd/S (SNLAY), Zions Bancorp (ZION), Fidelity National Financial (FNF), SEI Investments (SEIC) and DAIWA Sec Grp I/S (DSEEY).

Press coverage about TREE stock has trended somewhat positive on Tuesday, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lendingtree earned a news impact score of 0.13 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 46.10 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Lendingtree's stock is owned by a number of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (1.08%), Spence Asset Management (0.09%), Bank of Montreal Can (0.06%) and Empowered Funds LLC (0.05%). Company insiders that own Lendingtree stock include Carla Shumate, Douglas R Lebda, G Kennedy Thompson, Gabriel Dalporto, Gci Liberty, Inc, Interactive Corp Liberty, Neil Salvage, Nikul Patel, Peter Horan, Robin Henderson and Steven Ozonian. View Institutional Ownership Trends for Lendingtree.

TREE stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Empowered Funds LLC, Bank of Montreal Can and Spence Asset Management. Company insiders that have bought Lendingtree stock in the last two years include G Kennedy Thompson, Gci Liberty, Inc and Interactive Corp Liberty. 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, Scottrade, Fidelity and Charles Schwab.

One share of TREE stock can currently be purchased for approximately $236.22.

Lendingtree has a market capitalization of $2.89 billion and generates $617.74 million in revenue each year. The financial services provider earns $15.57 million in net income (profit) each year or $3.02 on an earnings per share basis. Lendingtree employs 535 workers across the globe.

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]