Check out these key findings about LoanDepot Inc (LDI)

With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.85 million shares. During the session, the Mortgage Finance company that operates in wider Financial sector, reached to the highest price of $2.305 whereas the lowest price it dropped to was $2.21. The 52-week range on LDI shows that it touched its highest point at $3.71 and its lowest point at $1.52 during that stretch. It currently has a 1-year price target of $2.74. LDI paid its most recent dividend on 1648771200, while the ex-dividend date for that was 1648771200. Beta for the stock currently stands at 3.06.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LDI was down-trending over the past week, with a drop of -3.42%, but this was up by 6.60% over a month. Three-month performance dropped to -14.72% while six-month performance rose 25.56%. The stock gained 22.83% in the past year, while it has lost -35.80% so far this year. A look at the trailing 12-month EPS for LDI yields -0.51 with Next year EPS estimates of 0.19. For the next quarter, that number is -0.00. This implies an EPS growth rate of 52.98% for this year and 193.35% for next year.

Float and Shares Shorts:

At present, 90.51 million LDI shares are outstanding with a float of 72.08 million shares on hand for trading. On 2024-11-15, short shares totaled 1.7 million, which was 86.99999999999999 higher than short shares on 1728950400. In addition to Mr. Anthony Li Hsieh as the firm’s Founder & Chairman, Mr. Frank D. Martell serves as its CEO, President & Director.

Institutional Ownership:

Through their ownership of 0.32176 of LDI’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LDI since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LDI analysts setting a high price target of 3.5 and a low target of 2.25, the average target price over the next 12 months is 2.7375. Based on these targets, LDI could surge 54.87% to reach the target high and fall by -0.44% to reach the target low. Reaching the average price target will result in a growth of 21.13% from current levels.

Analysts have provided yearly estimates in a range of -$0.19371 being high and -$0.22139 being low. For LDI, this leads to a yearly average estimate of -$0.20755. The surprise factor in the prior quarter was -$0.09. Based on analyst estimates, the high estimate for the next quarter is $0.05 and the low estimate is -$0.06. The average estimate for the next quarter is thus $0.01.