Loandepot Stock Today
| LDI Stock | USD 2.32 0.02 0.87% |
Performance0 of 100
| Odds Of DistressOver 55
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Loandepot is trading at 2.32 as of the 19th of April 2024. This is a 0.87 percent increase since the beginning of the trading day. The stock's open price was 2.3. Loandepot has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Loandepot are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 11th of February 2021 | Category Financial Services | Classification Financials |
loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. The company was founded in 2010 and is headquartered in Foothill Ranch, California. Loandepot Inc operates under Mortgage Finance classification in the United States and is traded on New York Stock Exchange. The company has 84.73 M outstanding shares of which 1.7 M shares are now shorted by investors with about 3.56 days to cover. More on Loandepot
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Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
Loandepot Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Loandepot's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Loandepot or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Frank Martell | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Rentals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Lithoquest Diamonds Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Mortgage Finance, Financial Services, NYSE Composite, Rentals, Financials, Banks, Mortgage Finance, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Loandepot report their recommendations after researching Loandepot's financial statements, talking to executives and customers, or listening in on Loandepot's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Loandepot. The Loandepot consensus assessment is calculated by taking the average forecast from all of the analysts covering Loandepot. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Loandepot's liquidity, profitability, solvency, and operating efficiency, Loandepot may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Loandepot is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Loandepot's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Loandepot's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Loandepot's financial leverage. It provides some insight into what part of Loandepot's total assets is financed by creditors.
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Loandepot (LDI) is traded on New York Stock Exchange in USA. It is located in 6561 Irvine Center Drive, Irvine, CA, United States, 92618 and employs 4,250 people. Loandepot is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 726.62 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Loandepot's market, we take the total number of its shares issued and multiply it by Loandepot's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Loandepot runs under Banks sector within Financials industry. The entity has 84.73 M outstanding shares of which 1.7 M shares are now shorted by investors with about 3.56 days to cover.
Loandepot has about 419.57 M in cash with (174.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Loandepot Probability Of Bankruptcy
Ownership AllocationLoandepot maintains a total of 84.73 Million outstanding shares. Loandepot holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Loandepot Ownership Details
Loandepot Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Loandepot jumping above the current price in 90 days from now is about 89.22%. The Loandepot probability density function shows the probability of Loandepot stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 3.9605. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Loandepot will likely underperform. Additionally, loandepot has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Loandepot to move above the current price in 90 days from now is about 89.22 (This Loandepot probability density function shows the probability of Loandepot Stock to fall within a particular range of prices over 90 days) .
Loandepot Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Loandepot that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Loandepot's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Loandepot's value.| Instituion | Recorded On | Shares | |
| G2 Investment Partners Management Llc | 2023-12-31 | 225 K | |
| Brevan Howard Capital Management Lp | 2023-12-31 | 194.1 K | |
| Empowered Funds, Llc | 2023-12-31 | 190.3 K | |
| Cannell Peter B & Co Inc | 2023-12-31 | 171 K | |
| State Of Wyoming | 2023-12-31 | 171 K | |
| Two Sigma Investments Llc | 2023-12-31 | 162.1 K | |
| Evr Research Lp | 2023-12-31 | 150 K | |
| Northern Trust Corp | 2023-12-31 | 131.9 K | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 123 K | |
| Vanguard Group Inc | 2023-12-31 | 4.4 M | |
| Cannell Capital Llc | 2023-12-31 | 4.3 M |
Loandepot Historical Income Statement
Loandepot Income Statement is one of the three primary financial statements used for reporting Loandepot's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Loandepot revenue and expense. Loandepot Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Loandepot's Gross Profit is increasing as compared to previous years. The Loandepot's current Other Operating Expenses is estimated to increase to about 993 M, while Depreciation And Amortization is projected to decrease to under 39 M. View More FundamentalsLoandepot Stock Against Markets
Picking the right benchmark for Loandepot stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Loandepot stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Loandepot is critical whether you are bullish or bearish towards Loandepot at a given time. Please also check how Loandepot's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Loandepot without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Loandepot Corporate Management
Elected by the shareholders, the Loandepot's board of directors comprises two types of representatives: Loandepot inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Loandepot. The board's role is to monitor Loandepot's management team and ensure that shareholders' interests are well served. Loandepot's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Loandepot's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Darren Graeler | Executive Officer | Profile | |
| Jeffrey DerGurahian | Chief Economist | Profile | |
| Jeff DerGurahian | Senior Executive Vice President Capital Markets | Profile | |
| Andrew Dodson | Director | Profile | |
| Clare Anderson | Director Solutions | Profile | |
| Dawn Lepore | Director | Profile |
How to buy Loandepot Stock?
Before investing in Loandepot, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Loandepot. To buy Loandepot stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Loandepot. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Loandepot stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Loandepot stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Loandepot stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Loandepot, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Loandepot Stock please use our How to Invest in Loandepot guide.
Already Invested in Loandepot?
The danger of trading Loandepot is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Loandepot is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Loandepot. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Loandepot is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Loandepot offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Loandepot's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Loandepot Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Loandepot Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loandepot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Loandepot Stock please use our How to Invest in Loandepot guide.Note that the Loandepot information on this page should be used as a complementary analysis to other Loandepot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Loandepot Stock analysis
When running Loandepot's price analysis, check to measure Loandepot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Loandepot is operating at the current time. Most of Loandepot's value examination focuses on studying past and present price action to predict the probability of Loandepot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loandepot's price. Additionally, you may evaluate how the addition of Loandepot to your portfolios can decrease your overall portfolio volatility.
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Is Loandepot's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Loandepot. If investors know Loandepot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Loandepot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (0.63) | Revenue Per Share 5.354 | Quarterly Revenue Growth 0.656 | Return On Assets (0.04) |
The market value of Loandepot is measured differently than its book value, which is the value of Loandepot that is recorded on the company's balance sheet. Investors also form their own opinion of Loandepot's value that differs from its market value or its book value, called intrinsic value, which is Loandepot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Loandepot's market value can be influenced by many factors that don't directly affect Loandepot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Loandepot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loandepot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loandepot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.