During the last session, LoanDepot Inc (NYSE:LDI)’s traded shares were 1.38 million, with the beta value of the company hitting 3.03. At the end of the trading day, the stock’s price was $1.26, reflecting an intraday loss of -2.33% or -$0.03. The 52-week high for the LDI share is $3.22, that puts it down -155.56 from that peak though still a striking -0.79% loss since the share price plummeted to a 52-week low of $1.27. The company’s market capitalization is $413.63M, and the average intraday trading volume over the past 10 days was 1.85 million shares, and the average trade volume was 971.37K shares over the past three months.
LoanDepot Inc (LDI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.20. LDI has a Sell rating from 1 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.09.
LoanDepot Inc (NYSE:LDI) trade information
LoanDepot Inc (LDI) registered a -2.33% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.33% in intraday trading to $1.26, hitting a weekly high. The stock’s 5-day price performance is -11.27%, and it has moved by -22.22% in 30 days. Based on these gigs, the overall price performance for the year is -48.57%. The short interest in LoanDepot Inc (NYSE:LDI) is 2.64 million shares and it means that shorts have 2.13 day(s) to cover.
The consensus price target of analysts on Wall Street is $6, which implies an increase of 79.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $6 respectively. As a result, LDI is trading at a discount of -376.19% off the target high and -376.19% off the low.
LoanDepot Inc (LDI) estimates and forecasts
In the rating firms’ projections, revenue will increase 22.21% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 275.11M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 333.06M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 222.78M and 265.39M respectively. In this case, analysts expect current quarter sales to grow by 23.48% and then jump by 25.50% in the coming quarter.
While earnings are projected to return 82.12% in 2025.
LDI Dividends
LoanDepot Inc is due to release its next quarterly earnings on 2025-Mar-10. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
LoanDepot Inc (NYSE:LDI)’s Major holders
LoanDepot Inc insiders own 19.30% of total outstanding shares while institutional holders control 34.42%, with the float percentage being 42.66%. CANNELL CAPITAL LLC is the largest shareholder of the company, while 89.0 institutions own stock in it. As of 2024-06-30, the company held over 5.49 million shares (or 3.0127% of all shares), a total value of $9.06 million in shares.
The next largest institutional holding, with 4.69 million shares, is of VANGUARD GROUP INC’s that is approximately 2.5848% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.74 million.
Also, the Mutual Funds coming in first place with the largest holdings of LoanDepot Inc (LDI) shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund . Data provided on Dec 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 2.07 shares. This amounts to just over 1.97 percent of the company’s overall shares, with a $2.61 million market value. The same data shows that the other fund manager holds slightly less at 1.87, or about 1.79% of the stock, which is worth about $2.36 million.
