LoanDepot Inc (NYSE:LDI) price on current trading day, remained unchanged to $1.42.
A look at the stock’s price movement, the close in the last trading session was $1.42, moving within a range at $1.38 and $1.48. The beta value (5-Year monthly) was 2.988. Turning to its 52-week performance, $3.22 and $1.27 were the 52-week high and 52-week low respectively. Overall, LDI moved -16.47% over the past month.
LoanDepot Inc’s market cap currently stands at around $473.78 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-10.
Analysts have a consensus estimate of 268.62M for the company’s revenue for the quarter, with a low and high estimate of 254.27M and 286.3M respectively. The average forecast suggests up to a 20.57% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.25B, representing a 18.08% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LDI is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend LDI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
LDI’s current price about -10.38% and -14.46% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.90, while 7-day volatility ratio is 6.47% and 7.12% in the 30-day chart. Further, LoanDepot Inc (LDI) has a beta value of 2.94, and an average true range (ATR) of 0.12. Analysts have given the company’s stock an average 52-week price target of $6, forecast between a low of $6 and high of $6. Looking at the price targets, the low is -322.54% off current price level while to achieve the yearly target high, price needs to move -322.54%. Nonetheless, investors will most likely welcome a -322.54% jump to $6 which is the analysts’ median price.
If we refocus on LoanDepot Inc (NYSE:LDI), historical trading data shows that trading volumes averaged 1.85 over the past 10 days and 917.46K over the past 3 months. The company’s latest data on shares outstanding shows there are 201.75 million shares.
The 61.50% of LoanDepot Inc’s shares are in the hands of company insiders while institutional holders own 15.72% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.71 million on 2025-02-28, giving us a short ratio of 2.44. The data shows that as of 2025-02-28 short interest in LoanDepot Inc (LDI) stood at 248.0 of shares outstanding, with shares short rising to 1.71 million registered in 2025-01-31. Current price change has pushed the stock -30.39% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LDI stock continues to rise going into the next quarter.
