LDI - loanDepot, Inc. Stock Price, Fair Value and News

2.15USD-0.05 (-2.27%)Delayed

Market Summary

USD2.15-0.05

Delayed

-2.27%

LDI Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

LDI Stock Price

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LDI RSI Chart

LDI Valuation

Market Cap

390.0M

Price/Earnings (Trailing)

-2.81

Price/Sales (Trailing)

0.39

EV/EBITDA

-9.42

Price/Free Cashflow

-0.58

LDI Price/Sales (Trailing)

LDI Profitability

EBT Margin

-25.98%

Return on Equity

-21.77%

Return on Assets

-2.24%

Free Cashflow Yield

-173.63%

LDI Fundamentals

LDI Revenue

Revenue (TTM)

988.9M

Rev. Growth (Yr)

7.16%

Rev. Growth (Qtr)

-2.56%

LDI Earnings

Earnings (TTM)

-138.7M

Earnings Growth (Yr)

-66.65%

Earnings Growth (Qtr)

-162.96%

Breaking Down LDI Revenue

Last 7 days

1.4%

Last 30 days

-6.5%

Last 90 days

-14.3%

Trailing 12 Months

20.8%

How does LDI drawdown profile look like?

LDI Financial Health

Debt/Equity

3.63

Debt/Cashflow

-0.28

LDI Investor Care

Dividend Yield

3.72%

Dividend/Share (TTM)

0.08

Shares Dilution (1Y)

6.20%

Diluted EPS (TTM)

-0.56

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	988.9M	0	0	0
2023	960.4M	923.6M	915.0M	974.0M
2022	2.9B	2.4B	1.8B	1.3B
2021	5.1B	4.8B	4.3B	3.7B
2020	2.1B	2.8B	3.6B	4.3B
2019	0	0	0	1.3B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of loanDepot, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	martell frank	acquired	-	-	250,000	ceo and president
May 01, 2024	martell frank	sold (taxes)	-271,138	2.14	-126,700	ceo and president
Apr 27, 2024	martell frank	sold (taxes)	-299,012	2.36	-126,700	ceo and president
Apr 27, 2024	martell frank	acquired	-	-	250,000	ceo and president
Mar 20, 2024	binowitz dan	sold	-32,526	2.34	-13,900	managing director
Mar 05, 2024	walsh jeff alexander	sold	-18,252	2.6	-7,020	president, ldi mortgage
Mar 04, 2024	walsh jeff alexander	sold	-85,212	2.64111	-32,264	president, ldi mortgage
Feb 29, 2024	hsieh anthony li	acquired	-	-	14,671	-
Feb 29, 2024	lee john hoon	acquired	-	-	14,671	-
Feb 29, 2024	pcp managers gp, llc	acquired	-	-	29,342	-

Which funds bought or sold LDI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	sold off	-100	-103,136	-	-%
May 15, 2024	MORGAN STANLEY	reduced	-2.92	-105,611	264,076	-%
May 15, 2024	Brevan Howard Capital Management LP	added	1.92	-170,877	512,330	-%
May 15, 2024	Tower Research Capital LLC (TRC)	new	-	21,114	21,114	-%
May 15, 2024	Cetera Advisors LLC	added	66.25	53,590	293,587	-%
May 15, 2024	CastleKnight Management LP	reduced	-6.29	-510,549	1,133,640	0.07%
May 15, 2024	272 Capital LP	new	-	228,715	228,715	0.09%
May 15, 2024	EVR Research LP	sold off	-100	-528,000	-	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-41.68	-54,038	40,622	-%
May 15, 2024	G2 Investment Partners Management LLC	reduced	-50.18	-501,661	290,339	0.08%

Are Funds Buying or Selling LDI?

Are funds buying LDI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LDI

No. of Funds

Unveiling loanDepot, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	cannell capital llc	5.31%	4,330,177	SC 13G
Feb 13, 2024	vanguard group inc	5.45%	4,442,613	SC 13G/A
Feb 08, 2024	pcp managers gp, llc	57.43%	104,532,372	SC 13G/A
Apr 06, 2023	hsieh anthony li	68%	149,832,864	SC 13D/A
Feb 13, 2023	pcp managers gp, llc	60.54%	104,444,346	SC 13G/A
Feb 13, 2023	renaissance technologies llc	1.13%	815,300	SC 13G/A
Feb 10, 2023	basswood capital management, l.l.c.	0.00%	0	SC 13G/A
Feb 09, 2023	vanguard group inc	5.14%	3,706,283	SC 13G/A
Feb 07, 2023	hsieh anthony li	68.9%	151,901,452	SC 13D/A
Jan 10, 2023	loandepot, inc.	68.9%	151,901,452	SC 13D/A

Recent SEC filings of loanDepot, Inc.

View All Filings

Date Filed	Form Type	Document
May 17, 2024	144/A	144/A
May 17, 2024	4	Insider Trading
May 15, 2024	144	Notice of Insider Sale Intent
May 09, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
May 03, 2024	4/A	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 24, 2024	DEFA14A	DEFA14A
Apr 22, 2024	8-K	Current Report
Apr 19, 2024	DEF 14A	DEF 14A

Peers (Alternatives to loanDepot, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	150.8B	67.8B	15.79%	41.90%	16.02	2.22	66.36%	-10.82%
ICE	79.4B	9.7B	5.89%	27.54%	32.02	8.17	0.75%	71.75%
CME	76.5B	5.7B	2.20%	17.16%	23.72	13.5	-1.46%	19.89%
COIN	50.4B	4.0B	-2.83%	244.72%	37.36	12.69	41.89%	159.36%
FDS	17.1B	2.2B	4.56%	14.05%	34.96	7.94	7.26%	9.28%
IBKR	13.3B	6.1B	13.36%	63.50%	4.56	2.18	64.44%	33.59%
MID-CAP
JEF	10.0B	8.2B	14.98%	55.53%	34.69	1.22	17.04%	-68.59%
HLI	8.6B	1.8B	9.27%	51.05%	33.31	4.69	0.16%	-0.33%
EVR	7.8B	2.5B	9.73%	87.02%	30.35	3.19	-6.73%	-35.85%
FRHC	4.4B	1.4B	13.91%	-9.89%	13.26	3.18	96.15%	398.80%
CLSK	3.7B	283.6M	7.37%	280.52%	57.45	12.87	122.34%	153.34%
SMALL-CAP
DFIN	1.9B	802.0M	5.79%	40.55%	18.98	2.36	-2.34%	8.49%
AMRK	887.2M	10.3B	5.41%	4.50%	11.13	0.09	24.66%	-47.53%
COHN	21.0M	92.7M	71.65%	67.62%	3.38	0.23	72.05%	185.64%
AAMC	7.0M	3.2M	-14.60%	-97.24%	-0.22	2.22	-44.67%	-114.57%

loanDepot, Inc. News

Latest updates

loanDepot, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	-2.6%	222,785,000	228,627,000	265,661,000	271,833,000	207,901,000	169,654,500	274,192,000	308,639,000	503,311,000	705,026,000	923,756,000	779,914,000	1,316,008,000	1,298,393,500	1,368,930,000	1,158,730,000	486,121,000	-
Costs and Expenses	1.8%	307,950,000	302,570,000	305,128,000	330,148,000	314,484,000	343,735,000	435,125,000	560,657,000	606,256,000	694,133,000	744,771,000	749,405,000	869,878,000	750,432,000	640,014,000	509,245,000	397,125,000	-
S&GA Expenses	-100.0%	-	55,259,000	46,522,000	54,817,000	56,134,000	68,592,000	83,412,000	63,927,000	49,748,000	64,981,000	50,013,000	48,654,000	51,317,000	51,145,500	52,372,000	38,566,000	29,630,000	-
EBITDA Margin	9.5%	-0.22	-0.24	-0.36	-0.48	-0.64	-0.48	-0.22	-0.02	0.07	0.20	0.29	0.38	0.47	0.48	0.02	0.02	0.03	0.05
Interest Expenses	79.1%	-741,000	-3,541,500	2,611,000	2,851,000	1,198,000	3,638,500	9,794,000	22,799,000	13,076,000	21,526,500	14,235,000	7,026,000	1,233,000	2,168,500	1,900,000	5,007,000	2,360,000	-
Income Taxes	3.6%	-13,660,000	-14,173,500	-5,205,000	-8,556,000	-14,862,000	-16,318,000	-23,451,000	-28,196,000	-11,627,000	-3,839,000	24,708,000	4,225,000	18,277,000	791,000	567,000	890,000	-	-
Earnings Before Taxes	-15.2%	-85,165,000	-73,943,000	-39,467,000	-58,315,000	-106,583,000	-174,080,500	-160,933,000	-252,018,000	-102,945,000	10,893,000	178,985,000	30,509,000	446,130,000	547,961,500	728,916,000	649,485,000	88,996,000	-
EBT Margin	9.1%	-0.26	-0.29	-0.41	-0.54	-0.72	-0.55	-0.28	-0.07	0.04	0.18	0.28	0.37	0.46	0.47	0.01	0.01	0.02	0.02
Net Income	-163.0%	-71,505,000	-27,192,500	-16,599,000	-23,443,000	-42,907,000	-77,270,000	-60,081,000	-100,928,000	-34,741,000	8,613,000	51,475,000	8,561,000	44,875,000	-	-	-	-	-
Net Income Margin	-24.1%	-0.14	-0.11	-0.18	-0.22	-0.29	-0.22	-0.10	-0.03	0.01	0.03	-	-	-	-	-	-	-	-
Free Cashflow	-35.1%	-283,287,000	-209,713,000	158,514,000	-342,705,000	199,077,000	40,235,000	1,735,216,000	1,507,940,000	1,134,144,000	582,859,000	198,005,000	-408,709,000	-1,891,964,000	-1,626,850,000	-1,137,374,000	538,405,000	161,201,000	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	0.7%	6,193	6,151	6,079	6,204	6,191	6,610	7,379	9,195	10,640	11,812	12,749	13,098	13,298	10,893
Cash Equivalents	2.6%	678	661	717	719	798	864	1,305	1,150	708	621	604	637	752	489
Net PPE	-6.6%	66.00	71.00	77.00	83.00	89.00	93.00	99.00	111	108	104	104	99.00	91.00	85.00
Liabilities	2.0%	5,556	5,447	5,310	5,406	5,350	5,688	6,300	7,981	9,129	10,183	11,091	11,529	11,524	9,237
Long Term Debt	1.8%	2,314	2,274	2,206	2,240	2,304	2,289	2,284	2,427	1,948	1,628	1,409	1,473	1,305	712
Shareholder's Equity	-9.5%	637	704	769	797	841	921	1,078	1,214	1,511	1,629	1,658	1,569	1,774	1,657
Retained Earnings	-7.6%	-486	-451	-424	-408	-384	-342	-265	-205	-77.15	-28.98	-17.82	-44.82	42.00	-
Additional Paid-In Capital	0.4%	824	821	819	813	802	789	778	763	656	565	565	563	561	-
Shares Outstanding	3.7%	181	175	174	172	171	156	162	146	139	130	130	127	126	-
Minority Interest	-10.1%	316	351	390	408	437	488	579	700	900	1,106	1,123	1,100	1,200	1,657
Float	-	-	-	-	122	-	-	-	63.00	-	-	-	131	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	-35.6%	-278,523	-205,418	163,284	-337,433	205,352	45,833	1,743,985	1,522,489	1,148,439	593,153	211,435	-392,472	-1,877,801	-1,612,570	-1,128,166	543,825	166,198	-
Share Based Compensation	-23.8%	4,855	6,374	3,940	5,753	5,926	8,789	4,773	4,712	2,309	2,714	2,597	1,935	59,817	858	945	6,763	-65.00	-
Cashflow From Investing	680.6%	52,024	6,665	70,876	81,196	6,922	9,892	294,985	71,857	291,026	7,986	143,123	159,008	-13,339	-14,367	-9,918	-5,345	1,961	-
Cashflow From Financing	40.8%	158,652	112,648	-182,566	148,401	-304,572	-380,098	-1,883,671	-1,152,606	-1,352,226	-584,956	-386,863	118,336	2,154,297	1,407,728	1,232,803	-571,497	360,541	-
Dividend Payments	-100.0%	-	705	601	1,010	664	359	1,798	86,877	30,230	43,581	19,434	233,714	166,584	490,723	148,536	1,882	1,914	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	220	-

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LDI Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUES:
Interest income	$ 30,925	$ 27,958
Interest expense	(31,666)	(27,688)
Net interest (expense) income	(741)	270
Gain on origination and sale of loans, net	116,060	108,152
Origination income, net	13,606	12,016
Servicing fee income	124,059	119,889
Change in fair value of servicing rights, net	(45,270)	(52,806)
Other income	15,071	20,380
Total net revenues	222,785	207,901
EXPENSES:
Personnel expense	134,318	141,027
Marketing and advertising expense	28,354	35,914
Direct origination expense	18,171	17,378
General and administrative expense	57,746	56,134
Occupancy expense	5,110	6,081
Depreciation and amortization	9,443	10,026
Servicing expense	8,261	4,834
Other interest expense	46,547	43,090
Total expenses	307,950	314,484
Loss before income taxes	(85,165)	(106,583)
Income tax benefit	(13,660)	(14,862)
Net loss	(71,505)	(91,721)
Net loss attributable to noncontrolling interests	(37,250)	(48,814)
Net loss attributable to loanDepot, Inc.	$ (34,255)	$ (42,907)
Loss per share:
Basic (in usd per share)	$ (0.19)	$ (0.25)
Diluted (in usd per share)	$ (0.19)	$ (0.25)
Weighted average shares outstanding:
Basic (in shares)	181,407,353	170,809,818
Diluted (in shares)	324,679,090	170,809,818

LDI Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 603,663	$ 660,707
Restricted cash	74,346	85,149
Loans held for sale, at fair value (includes $505,222 and $510,080 pledged to creditors in securitization trusts at March 31, 2024 and December 31, 2023, respectively)	2,300,058	2,132,880
Derivative assets, at fair value	64,055	93,574
Servicing rights, at fair value (includes $585,041 and $617,878 pledged to creditors in securitization trusts at March 31, 2024 and December 31, 2023, respectively)	1,985,948	1,999,763
Trading securities, at fair value	91,545	92,901
Property and equipment, net	66,160	70,809
Operating lease right-of-use assets	27,409	29,433
Loans eligible for repurchase	748,476	711,371
Investments in joint ventures	17,849	20,363
Other assets	213,761	254,098
Total assets	6,193,270	6,151,048
Liabilities:
Warehouse and other lines of credit	2,069,619	1,947,057
Accounts payable, accrued expenses and other liabilities	367,457	379,971
Derivative liabilities, at fair value	11,233	84,962
Liability for loans eligible for repurchase	748,476	711,371
Operating lease liability	45,324	49,192
Debt obligations, net	2,313,819	2,274,011
Total liabilities	5,555,928	5,446,564
Commitments and contingencies (Note 14)
Equity:
Preferred stock, $0.001 par value, 50,000,000 authorized, none issued at March 31, 2024 and December 31, 2023, respectively	0	0
Treasury stock at cost, 3,509,962 and 3,349,395 shares at March 31, 2024 and December 31, 2023, respectively	(16,916)	(16,493)
Additional paid-in capital	824,245	821,055
Retained deficit	(486,054)	(451,706)
Noncontrolling interest	315,740	351,303
Total equity	637,342	704,484
Total liabilities and equity	6,193,270	6,151,048
Class A
Equity:
Common stock, $0.001 par value	88	87
Class B
Equity:
Common stock, $0.001 par value	0	0
Class C
Equity:
Common stock, $0.001 par value	142	141
Class D
Equity:
Common stock, $0.001 par value	$ 97	$ 97

About loanDepot, Inc.

loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. It offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity loans. The company also provides settlement services, which include captive title and escrow business; real estate services that cover captive real estate referral business; and insurance services, including services to homeowners, as well as other consumer insurance policies. loanDepot, Inc. was founded in 2010 and is headquartered in Foothill Ranch, California.

CEO	Mr. Frank D. Martell
WEBSITE	loandepot.com
INDUSTRY	Mortgage Finance
EMPLOYEES	4683

loanDepot, Inc. Frequently Asked Questions

What is the ticker symbol for loanDepot, Inc.? What does LDI stand for in stocks?

LDI is the stock ticker symbol of loanDepot, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of loanDepot, Inc. (LDI)?

As of Fri May 17 2024, market cap of loanDepot, Inc. is 390.03 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LDI stock?

You can check LDI's fair value in chart for subscribers.

What is the fair value of LDI stock?

You can check LDI's fair value in chart for subscribers. The fair value of loanDepot, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of loanDepot, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LDI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is loanDepot, Inc. a good stock to buy?

The fair value guage provides a quick view whether LDI is over valued or under valued. Whether loanDepot, Inc. is cheap or expensive depends on the assumptions which impact loanDepot, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LDI.

What is loanDepot, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, LDI's PE ratio (Price to Earnings) is -2.81 and Price to Sales (PS) ratio is 0.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LDI PE ratio will change depending on the future growth rate expectations of investors.