LoanDepot Inc (NYSE:LDI) has a beta value of 2.84 and has seen 2.49 million shares traded in the recent trading session. The company, currently valued at $433.28M, closed the recent trade at $1.33 per share which meant it lost -$0.28 on the day or -17.70% during that session. The LDI stock price is -142.11% off its 52-week high price of $3.22 and -14.29% below the 52-week low of $1.52. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.12 million shares traded. The 3-month trading volume is 809.88K shares.
The consensus among analysts is that LoanDepot Inc (LDI) is Buy stock at the moment, with a recommendation rating of 2.33. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.05.
LoanDepot Inc (NYSE:LDI) trade information
Sporting -17.70% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LDI stock price touched $1.33 or saw a rise of 30.37%. Year-to-date, LoanDepot Inc shares have moved -35.05%, while the 5-day performance has seen it change -23.41%. Over the past 30 days, the shares of LoanDepot Inc (NYSE:LDI) have changed -20.18%. Short interest in the company has seen 1.71 million shares shorted with days to cover at 2.44.
Wall Street analysts have a consensus price target for the stock at $6, which means that the shares’ value could jump 77.83% from the levels at last check today. The projected low price target is $6.0 while the price target rests at a high of $6.0. In that case, then, we find that the latest price level in today’s session is -351.13% off the targeted high while a plunge would see the stock gain -351.13% from the levels at last check today.
LoanDepot Inc (LDI) estimates and forecasts
The company’s shares have lost -48.04% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 21.12%.
2 analysts offering their estimates for the company have set an average revenue estimate of 275.8M for the current quarter. 2 have an estimated revenue figure of 328M for the next ending quarter. Year-ago sales stood 222.78M and 265.39M respectively for this quarter and the next, and analysts expect sales will grow by 23.80% for the current quarter and 21.12% for the next. If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 6.34% over the past 5 years.
LDI Dividends
LoanDepot Inc is expected to release its next earnings report on 2025-Mar-10 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
LoanDepot Inc (NYSE:LDI)’s Major holders
Insiders own 20.56% of the company shares, while shares held by institutions stand at 36.75% with a share float percentage of 46.26%. Investors are also buoyed by the number of investors in a company, with LoanDepot Inc having a total of 89.0 institutions that hold shares in the company. The top two institutional holders are CANNELL CAPITAL LLC with over 5.49 million shares worth more than $9.06 million. As of 2024-06-30, CANNELL CAPITAL LLC held 3.0127% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 4.69 million shares as of 2024-06-30. The firm’s total holdings are worth over $7.74 million and represent 2.5848% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of Dec 31, 2024, the former fund manager holds about 2.11% shares in the company for having 2.07 shares of worth $2.66 million while later fund manager owns 1.87 shares of worth $2.41 million as of Dec 31, 2024, which makes it owner of about 1.91% of company’s outstanding stock.
