In the last trading session, 0.38 million LoanDepot Inc (NYSE:LDI) shares changed hands as the company’s beta touched 3.10. With the company’s per share price at $1.94 changed hands at -$0.08 or -3.96% during last session, the market valuation stood at $353.58M. LDI’s last price was a discount, traded about -91.24% off its 52-week high of $3.71. The share price had its 52-week low at $1.14, which suggests the last value was 41.24% up since then. When we look at LoanDepot Inc’s average trading volume, we note the 3-month average coming to 392.65K.
LoanDepot Inc (NYSE:LDI) trade information
Instantly LDI was in red as seen at the end of in last trading. With action -9.77%, the performance over the past five days has been red. The drop to weekly highs of 2.1800 subtracted -3.96% to the stock’s daily price. The company’s shares are showing year-to-date downside of -44.89%, with the 5-day performance at -9.77% in the red. However, in the 30-day time frame, LoanDepot Inc (NYSE:LDI) is -17.09% down.
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LoanDepot Inc (LDI) estimates and forecasts
Data shows that the LoanDepot Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 12.14% over the past 6 months, a 76.54% in annual growth rate that is considerably higher than the industry average of 11.60%. Year-over-year growth is forecast to reach 5.50% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 267.29M. 4 analysts are of the opinion that LoanDepot Inc’s revenue for the current quarter will be 295.13M. The company’s revenue for the corresponding quarters a year ago was 275.71M and 265.66M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.10%. The estimates for the next quarter sales put growth at 11.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 6.34%. The 2024 estimates are for LoanDepot Inc earnings to increase by 42.62%.
LDI Dividends
LoanDepot Inc is expected to release its next quarterly earnings report in June.
