Who buys LoanDepot stock?
Apr 13, 2022 · Their forecasts range from $5.00 to $18.00. On average, they expect loanDepot's share price to reach $9.17 in the next twelve months. This suggests a possible upside of 111.2% from the stock's current price. View analysts' price targets for loanDepot or view top-rated stocks among Wall Street analysts.
How much does LoanDepot pay a dividend?
Apr 05, 2022 · Derek Jeter steps down as Miami Marlins CEO, sells stake in the team - CNBC cnbc.com - February 28 at 2:59 PM: J.P. Morgan Mortgage Trust 2022-LTV1 -- Moody's assigns provisional rating to Class A-1 issued by J.P. Morgan Mortgage Trust 2022-LTV1 - Yahoo Finance finance.yahoo.com - February 25 at 9:44 PM
What does LoanDepot do?
Find the latest loanDepot, Inc. (LDI) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.
What is the ticker symbol for LoanDepot?
Nov 01, 2021 · LDI Stock: Why the Mortgage Company Has loanDepot Investors Smiling Today ... Even if it’s down from loanDepot’s revenue of $1.37 billion from the same period of the year prior.
Is loanDepot stock a good buy?
Is loanDepot a stable company?
Is loanDepot a buy right now?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for loanDepot in the last year. There are currently 1 sell rating, 4 hold rati...
Are investors shorting loanDepot?
loanDepot saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 1,070,000 shares, an...
When is loanDepot's next earnings date?
loanDepot is scheduled to release its next quarterly earnings announcement on Monday, May 2nd 2022. View our earnings forecast for loanDepot .
How were loanDepot's earnings last quarter?
loanDepot, Inc. (NYSE:LDI) released its quarterly earnings data on Monday, January, 31st. The company reported $0.09 earnings per share (EPS) for t...
How often does loanDepot pay dividends? What is the dividend yield for loanDepot?
loanDepot announced a quarterly dividend on Friday, December 17th. Investors of record on Monday, January 3rd will be paid a dividend of $0.08 per...
Is loanDepot a good dividend stock?
loanDepot pays an annual dividend of $0.24 per share and currently has a dividend yield of 6.43%. LDI has a dividend yield higher than 75% of all d...
What price target have analysts set for LDI?
9 brokers have issued 12 month price objectives for loanDepot's stock. Their forecasts range from $5.00 to $18.00. On average, they anticipate loan...
Who are loanDepot's key executives?
loanDepot's management team includes the following people: Mr. Anthony Li Hsieh , Chairman & CEO (Age 56, Pay $50.44M) Mr. Patrick J. Flanagan ,...
What is Anthony Hsieh's approval rating as loanDepot's CEO?
882 employees have rated loanDepot CEO Anthony Hsieh on Glassdoor.com . Anthony Hsieh has an approval rating of 80% among loanDepot's employees. 6...
And why that could be a mistake
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Home Depot ( NYSE:HD) investors can't seem to catch a break. After losing more than 3% in Tuesday trading, shares of the home improvement superstore chain are down another 4.7% as of 11:55 a.m. EST Wednesday. It's the fourth day in a row the stock is down.
So what
Why are Home Depot shares sinking? Didn't fiscal fourth-quarter sales (reported yesterday) surge 25% year over year, with a 24% gain in same-store sales, beating analyst estimates for both sales and earnings? Didn't the company also raise its dividend by 10%?
Now what
Home Depot did concede that "if the demand environment during the back half of fiscal 2020" -- which was "unprecedented" -- "were to persist through fiscal 2021, it would imply flat to slightly positive comparable sales growth and operating margin of at least 14 percent."
When will the Fed cut the Federal Funds Rate?
In response to the severe economic issues caused by the coronavirus pandemic, the Federal Reserve cut the federal funds rate to a range of 0% to 0.25% on March 3, 2020. The fed funds rate is the rate that banks pay to borrow from each other overnight.
How much did the company invest in technology in 2020?
However, the company has an 8% market share in the U.S. and continues to invest heavily in technology. In 2020, the company invested $500 million in technology to expand its monthly loan production capacity. And it invested $900 million in marketing, which has successfully attracted the millennial home buyers.
How much is LDI in 2020?
In 2020, the company’s sales more than tripled to $4.3 billion while its net income stood at $2 billion. At the end of 2020, LDI held $103 billion in its unpaid principal balance mortgage servicing book. It is a popular asset for originators like LDI as its value rises with a corresponding increase in interest rates.
When did Ldi start?
LDI was launched in 2010 and has quickly gained traction to become one of the largest retail mortgage lenders and the second-largest non-bank mortgage lender in the U.S. It has funded over $275 billion in mortgage loans since its inception. In Q4 of 2020, LDI originated $37.4 billion in loans, a sequential increase of 38%.
What is the mortgage origination rate for 2020?
In 2020, loan originations rose 122% to $100.8 billion. Its gain on sale margin stood at 4.27% in 2020, up from the prior-year figure of 2.81%. This margin is basically the difference between the retail and wholesale cost of mortgage.
What is RKTs mortgage?
RKTs is a Detroit-based holding company that provides real estate, mortgage, and financial services, making it one of the largest mortgage lenders in the U.S. In 2020, Rocket Companies’ mortgage originations stood at $320 billion, up from $145 billion in 2019. It has successfully built a brand allowing the firm to double its loan volume in ...
Why did Home Depot close its stores?
On March 18, Home Depot said it would begin closing all stores at 6 p.m. to give staff more time to clean stores and restock shelves. Calling itself an essential retailer, especially in times of crisis, the company noted that a number of its items had been in high demand, most likely things like cleaning supplies and appliances like freezers and refrigerators as many Americans have stocked up on food. Management also said it would give employees expanded paid time off.
Does Home Depot have bonuses?
On April 1, Home Depot said it would expand bonuses and benefits to employees, and that it was taking steps to limit the spread of the virus inside its stores by capping the number of customers inside at one time , adding signage to help customers maintain social distance , and eliminating major spring promotions in order to avoid heavy traffic to its stores.
Lowe's stock rises on Q4 earnings beat
Yahoo Finance's Brian Sozzi and Julie Hyman break down the latest quarterly earnings for Lowe's.
Stock Market Closes Down For Fourth Day In A Row As Ukraine Tensions Escalate
For the fourth day in a row, the stock market closed lower, falling deeper into a slump. Tech stocks led the downside as investors remained on edge over the potential war in Ukraine. Some investors moved into gold stocks as a safe haven.
Lowe's Hikes 2022 Outlook But Boise Cascade Joins Home Depot Stock's Plunge
Home improvement chains, lumber suppliers all beat views. But Home Depot stock and its peers are selling amid warnings of pricing volatility, business uncertainties.
