LoanDepot Inc (NYSE:LDI) Currently -163.93% Below Its 52-Week High But The Downside Potential May Surprise You

In last trading session, LoanDepot Inc (NYSE:LDI) saw 1.11 million shares changing hands with its beta currently measuring 3.03. Company’s recent per share price level of $1.22 trading at $0.08 or 7.02% at ring of the bell on the day assigns it a market valuation of $400.50M. That closing price of LDI’s stock is at a discount of -163.93% from its 52-week high price of $3.22 and is indicating a premium of 6.56% from its 52-week low price of $1.14. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.28 million shares which gives us an average trading volume of 986.58K if we extend that period to 3-months.

For LoanDepot Inc (LDI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.20. Splitting up the data highlights that, out of 3 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

LoanDepot Inc (NYSE:LDI) trade information

Upright in the green during last session for gaining 7.02%, in the last five days LDI remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $1.22 price level, adding 5.06% to its value on the day. LoanDepot Inc’s shares saw a change of -40.20% in year-to-date performance and have moved -3.17% in past 5-day. LoanDepot Inc (NYSE:LDI) showed a performance of -25.61% in past 30-days. Number of shares sold short was 2.64 million shares which calculate 2.13 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 79.67% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -391.8% in reaching the projected high whereas dropping to the targeted low would mean a loss of -391.8% for stock’s current value.

LoanDepot Inc (NYSE:LDI)’s Major holders

Insiders are in possession of 18.85% of company’s total shares while institution are holding 34.42 percent of that, with stock having share float percentage of 42.42%. Investors also watch the number of corporate investors in a company very closely, which is 34.42% institutions for LoanDepot Inc that are currently holding shares of the company. CANNELL CAPITAL LLC is the top institutional holder at LDI for having 5.49 million shares of worth $9.06 million. And as of 2024-06-30, it was holding 3.0127 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.69 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.5848 of outstanding shares, having a total worth of $7.74 million.