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 Date2/25/2020 (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 announced that its Board of Directors has initiated a share repurchase plan on Friday, February 23rd 2018, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.
How were Lendingtree's earnings last quarter?
Lendingtree Inc (NASDAQ:TREE) issued its quarterly earnings results on Wednesday, October, 30th. The financial services provider reported $2.25 EPS for the quarter, topping the Zacks' consensus estimate of $0.63 by $1.62. The financial services provider earned $310.60 million during the quarter, compared to analyst estimates of $295.26 million. Lendingtree had a net margin of 1.20% and a return on equity of 14.58%. Lendingtree's revenue was up 57.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.92 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 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.
What price target have analysts set for TREE?
12 equities research analysts have issued 12 month target prices for Lendingtree's shares. Their forecasts range from $340.00 to $450.00. On average, they expect Lendingtree's share price to reach $380.09 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for Lendingtree.
What is the consensus analysts' recommendation 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.
What are Wall Street analysts saying about Lendingtree stock?
Here are some recent quotes from research analysts about Lendingtree stock:
- 1. According to Zacks Investment Research, "Shares of LendingTree have underperformed the industry, over the past six months. Further, the company has a disappointing earnings surprise history, beating the Zacks Consensus Estimate in only one of the trailing four quarters. LendingTree has been witnessing escalating expenses on enhancement of products and advertising-related costs, which restricts bottom-line expansion of the company. Further, mortgage-related product revenues of the company are affected by lower supplies of homes and relatively higher mortgage rates. However, the company’s expansion strategies through acquisitions and diversified products will likely further boost its top-line growth. Also, involvement in steady capital-deployment activities help enhance shareholders' confidence in the stock. Nevertheless, stretched valuation is another headwind for the company." (9/27/2019)
- 2. SunTrust Banks, Inc. analysts commented, "We will review our model and valuation following the conference call." (7/25/2019)
- 3. 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)
Has Lendingtree been receiving favorable news coverage?
Press coverage about TREE stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lendingtree earned a news impact score of -1.4 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Lendingtree.
Who are some of Lendingtree's key competitors?
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).
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 Scout Investments Inc. (0.34%), Arizona State Retirement System (0.03%), State of Michigan Retirement System (0.02%), Louisiana State Employees Retirement System (0.01%), State of Alaska Department of Revenue (0.01%) and Assenagon Asset Management S.A. (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.
Which institutional investors are selling Lendingtree stock?
TREE stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Arizona State Retirement System 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.
Which institutional investors are buying Lendingtree stock?
TREE stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Acorn Financial Advisory Services Inc. ADV, Alpine Global Management LLC, State of Michigan Retirement System 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.
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, Robinhood, Fidelity and Charles Schwab.
What is Lendingtree's stock price today?
One share of TREE stock can currently be purchased for approximately $304.02.
How big of a company is Lendingtree?
Lendingtree has a market capitalization of $3.95 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.
