In the last trading session, 1.16 million shares of the LoanDepot Inc (NYSE:LDI) were traded, and its beta was 3.00. Most recently the company’s share price was $1.39, and it changed around $0.09 or 6.92% from the last close, which brings the market valuation of the company to $458.57M. LDI currently trades at a discount to its 52-week high of $3.22, offering almost -131.65% off that amount. The share price’s 52-week low was $1.01, which indicates that the current value has risen by an impressive 27.34% since then. We note from LoanDepot Inc’s average daily trading volume that its 10-day average is 1.93 million shares, with the 3-month average coming to 970.29K.
LoanDepot Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.17. If we narrow it down even further, the data shows that 1 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended LDI as a Hold, whereas 1 deemed it a Buy, and 1 rated it as Underweight. LoanDepot Inc is expected to report earnings per share of -0.02 for the current quarter.
LoanDepot Inc (NYSE:LDI) trade information
Instantly LDI has showed a green trend with a performance of 6.92% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.4300 on recent trading dayincreased the stock’s daily price by 2.8%. The company’s shares are currently down -13.66% year-to-date, but still up 9.45% over the last five days. On the other hand, LoanDepot Inc (NYSE:LDI) is 10.32% up in the 30-day period. We can see from the shorts that 1.73 million shares have been sold at a short interest cover period of 2.68 day(s).
The consensus price target as assigned by Wall Street analysts is $6, which translates to bulls needing to increase their stock price by 76.83% from its current value. Analyst projections state that LDI is forecast to be at a low of $6 and a high of $6.
LoanDepot Inc (LDI) estimates and forecasts
The year-over-year growth rate is expected to be 19.32%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 321.66M in revenue for the current quarter. 5 analysts expect LoanDepot Inc to make 338M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 265.39M and 314.6M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 21.20%. Forecasts for the next quarter put sales growth at 7.44%.
LDI Dividends
LoanDepot Inc’s next quarterly earnings report is expected to be released on 2025-May-06.
LoanDepot Inc (NYSE:LDI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 21.14% of LoanDepot Inc shares, and 28.85% of them are in the hands of institutional investors. The stock currently has a share float of 36.59%. LoanDepot Inc stock is held by 87.0 institutions, with CANNELL CAPITAL LLC being the largest institutional investor. By 2024-06-30, it held 3.0127% of the shares, which is about 5.49 million shares worth $9.06 million.
VANGUARD GROUP INC, with 2.5718% or 4.69 million shares worth $7.74 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 2.32 shares worth $3.22 million, making up 2.09% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 1.34 shares worth around $1.86 million, which represents about 1.20% of the total shares outstanding.
