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

2.36USD+0.02 (+0.85%)Market Closed

Market Summary

USD2.36+0.02

Market Closed

0.85%

LDI Stock Price

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LDI RSI Chart

LDI Valuation

Market Cap

409.3M

Price/Earnings (Trailing)

-3.72

Price/Sales (Trailing)

0.42

EV/EBITDA

-8.65

Price/Free Cashflow

-2.1

LDI Price/Sales (Trailing)

LDI Profitability

EBT Margin

-28.57%

Return on Equity

-15.63%

Return on Assets

-1.79%

Free Cashflow Yield

-47.6%

LDI Fundamentals

LDI Revenue

Revenue (TTM)

974.0M

Rev. Growth (Yr)

34.76%

Rev. Growth (Qtr)

-13.94%

LDI Earnings

Earnings (TTM)

-110.1M

Earnings Growth (Yr)

64.81%

Earnings Growth (Qtr)

-63.82%

Breaking Down LDI Revenue

Last 7 days

0.9%

Last 30 days

-2.5%

Last 90 days

-22%

Trailing 12 Months

41.8%

How does LDI drawdown profile look like?

LDI Financial Health

Debt/Equity

3.23

Debt/Cashflow

-0.08

LDI Investor Care

Dividend Yield

3.74%

Dividend/Share (TTM)

0.08

Shares Dilution (1Y)

12.10%

Diluted EPS (TTM)

-0.63

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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	lepore dawn g	acquired	-	-	14,671	-
Feb 29, 2024	ozonian steven	acquired	-	-	14,671	-
Feb 29, 2024	patenaude pamela h.	acquired	-	-	14,671	-
Feb 29, 2024	dorman john c	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?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	SIMPLEX TRADING, LLC	reduced	-76.93	-181,000	37,000	-%
Apr 25, 2024	Bank of New York Mellon Corp	sold off	-100	-119,186	-	-%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	new	-	35,000	35,000	-%
Apr 23, 2024	Tennessee Valley Asset Management Partners	sold off	-100	-1,760	-	-%
Apr 23, 2024	BFSG, LLC	unchanged	-	-930	2,590	-%
Apr 15, 2024	PFS Partners, LLC	unchanged	-	-93.00	259	-%
Apr 15, 2024	Counterpoint Mutual Funds LLC	sold off	-100	-211,150	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	1.28	8,093,030	15,638,000	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	703	339,895	361,906	-%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-20,000	-	-%

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
Apr 24, 2024	DEFA14A	DEFA14A
Apr 22, 2024	8-K	Current Report
Apr 19, 2024	ARS	ARS
Apr 19, 2024	DEF 14A	DEF 14A
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading

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	139.2B	68.5B	3.40%	24.79%	16.35	2.03	136.06%	-24.38%
CME	75.7B	5.6B	-0.16%	14.94%	23.47	13.47	-0.62%	19.89%
ICE	75.4B	9.9B	-3.89%	25.97%	31.84	7.61	2.77%	63.76%
COIN	55.8B	3.1B	-16.19%	314.94%	587.66	17.94	-2.69%	103.61%
FDS	16.1B	2.2B	-5.67%	4.31%	32.81	7.45	7.26%	9.28%
IBKR	12.2B	6.2B	6.40%	52.36%	4.34	1.96	131.94%	52.66%
MID-CAP
JEF	9.2B	8.2B	-3.89%	43.53%	35.12	1.12	17.04%	-76.58%
HLI	8.2B	1.8B	1.89%	39.63%	31.53	4.44	0.16%	-0.33%
EVR	7.0B	2.4B	-3.47%	67.85%	27.39	2.86	-12.10%	-46.39%
FRHC	4.0B	1.4B	-3.51%	-11.66%	11.99	2.87	96.15%	398.80%
CLSK	3.8B	214.4M	-15.83%	410.99%	-46.62	17.76	75.40%	19.03%
SMALL-CAP
DFIN	1.8B	797.2M	2.61%	47.77%	22.28	2.3	-4.37%	-19.80%
AMRK	916.9M	10.0B	35.90%	8.06%	8.3	0.09	24.24%	-27.96%
COHN	12.7M	83.0M	-0.75%	7.99%	-2.16	0.15	15.07%	81.87%
AAMC	7.7M	3.2M	-13.51%	-96.39%	-0.24	2.43	-44.67%	-104.26%

loanDepot, Inc. News

Latest updates

loanDepot, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	-13.9%	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	-0.8%	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	18.8%	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	32.7%	-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	-235.6%	-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	-172.3%	-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	-87.4%	-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	30.9%	-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	-63.8%	-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	35.4%	-0.11	-0.18	-0.22	-0.29	-0.22	-0.10	-0.03	0.01	0.03	-	-	-	-	-	-	-	-
Free Cashflow	-232.3%	-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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	1.2%	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	-7.9%	661	717	719	798	864	1,305	1,150	708	621	604	637	752	489
Net PPE	-7.8%	71.00	77.00	83.00	89.00	93.00	99.00	111	108	104	104	99.00	91.00	85.00
Liabilities	2.6%	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	3.1%	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	-8.4%	704	769	797	841	921	1,078	1,214	1,511	1,629	1,658	1,569	1,774	1,657
Retained Earnings	-6.4%	-451	-424	-408	-384	-342	-265	-205	-77.15	-28.98	-17.82	-44.82	42.00	-
Additional Paid-In Capital	0.3%	821	819	813	802	789	778	763	656	565	565	563	561	-
Shares Outstanding	0.8%	175	174	172	171	156	162	146	139	130	130	127	126	-
Minority Interest	-9.9%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	-225.8%	-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	61.8%	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	-90.6%	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	161.7%	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	17.3%	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	-

LDI Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUES:
Interest income	$ 133,263,000	$ 200,204,000	$ 262,478,000
Interest expense	(130,145,000)	(150,897,000)	(218,457,000)
Net interest income	3,118,000	49,307,000	44,021,000
Gain on origination and sale of loans, net	524,521,000	748,540,000	3,213,351,000
Origination income, net	65,209,000	129,736,000	362,257,000
Servicing fee income	492,811,000	449,150,000	393,680,000
Changes in fair value of servicing rights, net	(184,417,000)	(194,357,000)	(445,862,000)
Other income	72,780,000	73,420,000	157,257,000
Total net revenues	974,022,000	1,255,796,000	3,724,704,000
EXPENSES:
Personnel expense	573,010,000	1,027,008,000	1,929,752,000
Marketing and advertising expense	132,880,000	236,828,000	467,590,000
Direct origination expense	67,141,000	120,854,000	193,264,000
General and administrative expense	212,732,000	265,680,000	214,965,000
Occupancy expense	23,516,000	35,306,000	38,443,000
Depreciation and amortization	41,261,000	42,195,000	35,541,000
Servicing expense	27,687,000	53,106,000	99,068,000
Other interest expense	174,103,000	124,060,000	79,564,000
Goodwill impairment	0	40,736,000	0
Total expenses	1,252,330,000	1,945,773,000	3,058,187,000
(Loss) income before income taxes	(278,308,000)	(689,977,000)	666,517,000
Income tax (benefit) expense	(42,796,000)	(79,592,000)	43,371,000
Net (loss) income	(235,512,000)	(610,385,000)	623,146,000
Net (loss) income attributable to noncontrolling interest	(125,370,000)	(337,365,000)	509,622,000
Net (loss) income attributable to loanDepot, Inc.	$ (110,142,000)	$ (273,020,000)	$ 113,524,000
Weighted average shares outstanding:
Basic (in shares)	174,906,063	156,030,350	129,998,894
Diluted (in shares)	174,906,063	156,030,350	129,998,894
Common Class A And D
(Loss) earnings per share attributable to loanDepot, Inc. Class A and Class D common stockholders:
Basic (in usd per share)	$ (0.63)	$ (1.75)	$ 0.87
Diluted (in usd per share)	$ (0.63)	$ (1.75)	$ 0.87

LDI Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 660,707	$ 863,956
Restricted cash	85,149	116,545
Loans held for sale, at fair value (includes $510,080 and $497,574 pledged to creditors in securitization trusts at December 31, 2023 and 2022, respectively)	2,132,880	2,373,427
Derivative assets, at fair value	93,574	39,411
Servicing rights, at fair value (includes $617,878 and $544,729 pledged to creditors in securitization trusts at December 31, 2023 and 2022, respectively)	1,999,763	2,037,447
Trading securities, at fair value	92,901	94,243
Property and equipment, net	70,809	92,889
Operating lease right-of-use assets	29,433	35,668
Loans eligible for repurchase	711,371	634,677
Investments in joint ventures	20,363	20,410
Other assets	254,098	301,261
Total assets	6,151,048	6,609,934
Liabilities:
Warehouse and other lines of credit	1,947,057	2,146,602
Accounts payable, accrued expenses and other liabilities	379,971	488,696
Derivative liabilities, at fair value	84,962	67,492
Liability for loans eligible for repurchase	711,371	634,677
Operating lease liability	49,192	61,675
Debt obligations, net	2,274,011	2,289,319
Total liabilities	5,446,564	5,688,461
Commitments and contingencies
Equity:
Preferred stock, $0.001 par value, 50,000,000 authorized, none issued at December 31, 2023 and 2022, respectively	0	0
Treasury stock at cost, 3,349,395 and 1,780,141 shares at December 31, 2023 and 2022, respectively	(16,493)	(13,282)
Additional paid-in capital	821,055	788,601
Retained deficit	(451,706)	(342,137)
Noncontrolling interest	351,303	487,974
Total equity	704,484	921,473
Total liabilities and equity	6,151,048	6,609,934
Class A
Equity:
Common stock, $0.001 par value	87	74
Class B
Equity:
Common stock, $0.001 par value	0	0
Class C
Equity:
Common stock, $0.001 par value	141	146
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 Thu Apr 25 2024, market cap of loanDepot, Inc. is 409.28 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 Thu Apr 25 2024, LDI's PE ratio (Price to Earnings) is -3.72 and Price to Sales (PS) ratio is 0.42. 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.