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

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

Lendingtree announced that its board has initiated a share buyback plan on Friday, February 23rd 2018, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

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

16 analysts have issued 1-year price targets for Lendingtree's stock. Their forecasts range from $194.00 to $425.00. On average, they expect Lendingtree's share price to reach $340.2667 in the next year. This suggests a possible upside of 44.3% 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).

News headlines about TREE stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lendingtree earned a media sentiment score of 0.16 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 46.21 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Lendingtree's stock is owned by a variety 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 acquired 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 $235.75.

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]