LendingTree, Inc, through its subsidiary, LendingTree, LLC, operates an online loan marketplace for consumers seeking loans in the United States. Its mortgage products comprise purchase and refinance products. The company also provides information, tools, and access to various conditional loan offers for non-mortgage products, including auto loans, credit cards, home equity loans, personal loans, reverse mortgages, small business loans, and student loans.
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Industry, Sector and Symbol
Industry Loan brokers
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Phone704-541-5351
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$764.86 million
Profitability
Miscellaneous
Employees892
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable
Lendingtree (NASDAQ:TREE) Frequently Asked Questions
What is Lendingtree's stock symbol?
Lendingtree trades on the NASDAQ under the ticker symbol "TREE."
How will Lendingtree's stock buyback program work?
Lendingtree declared that its Board of Directors has approved a share buyback plan on Friday, February 23rd 2018, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.
How were Lendingtree's earnings last quarter?
Lendingtree Inc (NASDAQ:TREE) issued its earnings results on Thursday, July, 25th. The financial services provider reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.50. The financial services provider earned $278.40 million during the quarter, compared to analyst estimates of $267.46 million. Lendingtree had a net margin of 3.63% and a return on equity of 12.54%. The business's quarterly revenue was up 51.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.47 earnings per share. View Lendingtree's Earnings History.
When is Lendingtree's next earnings date?
What guidance has Lendingtree issued on next quarter's earnings?
Lendingtree updated its third quarter 2019 earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $290-300 million, compared to the consensus revenue estimate of $283.45 million.
What price target have analysts set for TREE?
10 equities research analysts have issued 12 month price targets for Lendingtree's stock. Their predictions range from $300.00 to $465.00. On average, they anticipate Lendingtree's stock price to reach $371.8750 in the next year. This suggests a possible upside of 25.7% from the stock's current price. View Analyst Price Targets for Lendingtree.
What is the consensus analysts' recommendation for Lendingtree?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lendingtree in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lendingtree.
What are Wall Street analysts saying about Lendingtree stock?
Here are some recent quotes from research analysts about Lendingtree stock:
- 1. SunTrust Banks, Inc. analysts commented, "We will review our model and valuation following the conference call." (7/25/2019)
- 2. Northland Securities analysts commented, "We believe 2019 has some front loaded expenses and this also pressured Adj. EBITDA margins which we believe were a little soft. The press release highlighted a difficult market continuing for mortgage, especially refinance. On the call we will look to hear more about the strong results from QuoteWizard, cross selling opportunities, credit card and other non-mortgage products. Total revenues of $262.4M were up 45% Y/Y despite mortgage revenues of $46.0M down 37% Y/Y but down only 1% sequentially due to continued weakness in refis. On the call, will be interesting to learn more about demand, volumes, pricing, filters for both purchase and refi. Non-mortgage revenues of $216.4M were up 101% Y/Y (39% ex. QuoteWizard). Non- mortgage revenues are now 82% of total revenues up from 41% in the June 2016 quarter. Credit card revenues of $54.5M were up 18% Y/Y." (4/26/2019)
- 3. According to Zacks Investment Research, "Earnings estimates have remained stable ahead of LendingTree’s fourth-quarter results. Also, the company has a decent earnings surprise history, beating the Zacks Consensus Estimate in two of the trailing four quarters. The company’s expansion strategies are expected to boost its top line growth. Also, its focus to expand non-mortgage related product offerings has benefitted its top line greatly. Shares of LendingTree have outperformed the industry over the past three months. Nevertheless, the company has been witnessing escalating costs on enhancement of products. Further, its mortgage-related product revenues are likely to be affected by falling supplies of homes for sale and rising mortgage rates." (2/5/2019)
Has Lendingtree been receiving favorable news coverage?
Media stories about TREE stock have been trending negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lendingtree earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Lendingtree.
Are investors shorting Lendingtree?
Lendingtree saw a drop in short interest in July. As of July 15th, there was short interest totalling 1,776,200 shares, a drop of 5.3% from the June 15th total of 1,876,500 shares. Based on an average daily trading volume, of 181,700 shares, the short-interest ratio is currently 9.8 days. Approximately 23.8% of the shares of the stock are sold short. View Lendingtree's Current Options Chain.
Who are some of Lendingtree's key competitors?
Some companies that are related to Lendingtree include National Bank of Canada (NTIOF), First Republic Bank (FRC), WP Carey (WPC), Invitation Homes (INVH), Principal Financial Group (PFG), HONGKONG LD HOL/ADR (HNGKY), Banco de Chile (BCH), Loews (L), ERSTE GRP BK A/S (EBKDY), Aviva (AV), Swedbank (SWDBY), Mid-America Apartment Communities (MAA), Citizens Financial Group (CFG), MarketAxess (MKTX) and GRUPO FINANCIER/ADR (GBOOY).
What other stocks do shareholders of Lendingtree own?
Who are Lendingtree's key executives?
Lendingtree's management team includes the folowing people:
- Mr. Douglas R. Lebda, Founder, Chairman & CEO (Age 49)
- Mr. Neil Salvage, Pres (Age 46)
- Mr. J. D. Moriarty, Chief Financial Officer (Age 47)
- Ms. Carla Shumate, Sr. VP & Chief Accounting Office (Age 48)
- Mr. Paul Tyma Ph.D., Chief Technology Officer
Who are Lendingtree's major shareholders?
Lendingtree's stock is owned by a number of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (10.56%), Vanguard Group Inc. (5.36%), Janus Henderson Group PLC (2.61%), Janus Henderson Group PLC (2.61%), Sumitomo Mitsui Trust Holdings Inc. (2.60%) and Nikko Asset Management Americas Inc. (2.60%). 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, Nikul Patel, Peter Horan, Robin Henderson, Steven Ozonian and Sushil Sharma. View Institutional Ownership Trends for Lendingtree.
Which major investors are selling Lendingtree stock?
TREE stock was sold by a variety of institutional investors in the last quarter, including Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Victory Capital Management Inc., ARK Investment Management LLC, State of New Jersey Common Pension Fund D, Vanguard Group Inc., Invesco Ltd. and Charles Schwab Investment Management Inc.. 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.
Which major investors are buying Lendingtree stock?
TREE stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Morgan Stanley, Royal Bank of Canada, Renaissance Technologies LLC, Paloma Partners Management Co, Nuveen Asset Management LLC, Voloridge Investment Management LLC and Ontario Teachers Pension Plan Board. 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.
How do I buy shares of 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.
What is Lendingtree's stock price today?
One share of TREE stock can currently be purchased for approximately $295.79.
How big of a company is Lendingtree?
Lendingtree has a market capitalization of $3.84 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.
What is Lendingtree's official website?
How can I contact Lendingtree?
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]
MarketBeat Community Rating for Lendingtree (NASDAQ TREE)
MarketBeat's community ratings are surveys of what our community members think about Lendingtree and other stocks. Vote "Outperform" if you believe TREE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TREE will underperform the S&P 500 over the long term. You may vote once every thirty days.
