loanDepot

loanDepot, Inc. engages in the consumer lending business. It provides personal and home equity loans. The company was founded by Anthony Hsieh on July 10, 2015 and is headquartered in Irvine, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

loanDepot exceeds expense reduction goals and targets growth in underserved markets

loanDepot's Q4 2022 earnings call showcased strong financial performance, strategic initiatives, and a focus on operational excellence. Despite market challenges, the company remains committed to driving shareholder value through innovative solutions and cost reduction efforts.

loanDepot reports strong Q1 performance amidst housing market challenges

loanDepot's Q1 2023 performance showed revenue growth, cost reduction, and progress on strategic goals. Challenges in the housing market and operational expenses were addressed, with opportunities identified for future growth.

loanDepot reports robust Q2 earnings, eyes growth amid expense challenges

loanDepot's Q2 2023 earnings call highlighted strong financial performance, progress on its Vision 2025 plan, and a focus on supporting diverse homebuyers. While facing challenges with increased expenses, the company aims to invest in growth opportunities and maintain strong liquidity for future expansion.

loanDepot reports stable Q3 revenues, eyes growth through efficiency

loanDepot's Q3 performance highlighted stability in revenues, improved margins, and cost reduction efforts leading to lower operating losses. While facing challenges in origination volume, the company's focus on efficiency improvements and growth initiatives under the Vision 2025 plan sets the stage for future opportunities and profitability.

loanDepot narrows losses, focuses on growth and efficiency in 2023

loanDepot's Q4 2023 performance showcased a strategic focus on cost reduction, revenue growth, and operational efficiency amidst market challenges and opportunities.
Vision 2025 initiatives position loanDepot as a trusted partner in homeownership, with investments in automation and customer experience enhancing its competitive edge.
While facing challenges such as restructuring costs and market dynamics, loanDepot's strategic direction and focus on growth present opportunities for expansion and profitability.

loanDepot reports revenue growth and cost efficiency amidst cyber challenges

loanDepot navigated the challenges of a cyber incident to achieve revenue growth and expense reduction in Q1 2024.
Strategic focus on Vision 2025 goals and servicing income growth indicate a resilient and forward-thinking approach to business.
While facing short-term challenges from the cyber incident and financial restructuring, loanDepot is poised to capitalize on opportunities for long-term growth and stability.

loanDepot reports improved Q2 performance and outlines growth strategies

loanDepot's Q2 2024 performance showed significant improvement with positive adjusted EBITDA and reduced net loss.
The company's strategic focus on Vision 2025, market expansion, and financial stability positions it for future growth.
While facing challenges such as market uncertainties and cybersecurity risks, loanDepot remains proactive in addressing risks and seizing opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

loanDepot, Inc. engages in the business of originating, financing, selling, and servicing residential mortgage loans, title, escrow, and settlement services for mortgage loan transactions. It also offers a variety of loan products and in-house servicing platforms. The company was founded by Anthony Hsieh in December 2009 and is headquartered in Irvine, CA.

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced that Chief Marketing Officer Alec Hanson was named a 2024 Inman Marketing All-Star.

loanDepot CMO Alec Hanson Named a 2024 Inman “Marketing All-Star”

Besides Wall Street's top -and-bottom-line estimates for loanDepot (LDI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Seeking Clues to loanDepot (LDI) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. to report fourth quarter and year-end 2023 financial results on March 12, 2024.

loanDepot, Inc. to Report Fourth Quarter and Year-End 2023 Financial Results on March 12, 2024

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot has received HousingWire's 2024 “Tech 100 Mortgage” award, celebrating the most innovative and impactful organizations in housing.

loanDepot earns HousingWire's 2024 Tech100 Mortgage award

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot has been selected as one of National Mortgage Professional Magazine's “Diversity Leaders” for 2024.

loanDepot recognized as a 2024 Diversity Leader by National Mortgage Professional Magazine

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot Executive Director Dan Hanson will be inducted to the California Homebuilding Foundation's Hall of Fame.

loanDepot's Dan Hanson inducted to California Homebuilding Foundation's Hall of Fame

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot President and CEO Frank Martell was recognized on Inman's 2024 “Power Players” list.

loanDepot President and CEO Frank Martell recognized among Inman's 2024 “Power Players” for second consecutive year

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), a leading provider of home lending solutions, today provided an update on the cyber incident it disclosed on January 8, 2024. The Company has been working diligently with outside forensics and security experts to investigate the incident and restore normal operations as quickly as possible. The Company has made significant progress in restoring our loan origination and loan servicing systems, including our Myloan.

loanDepot Provides Update on Cyber Incident

LoanDepot continues to deal with a cybersecurity incident that began Jan. 8. Customers said on social media and forums that they have been unable to access their online accounts, submit mortgage payments or close deals since that time, TechCrunch reported Friday (Jan. 19).

LoanDepot Continues to Restore Business Operations Amid Cybersecurity Incident

loanDepot (LDI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Here Is Why Bargain Hunters Would Love Fast-paced Mover loanDepot (LDI)

Mortgage company loanDepot experienced a cybersecurity incident on Monday (Jan. 8). In a cyber incident update posted on its website on Monday at 6 a.m.

loanDepot Says Cybersecurity Incident Accessed Some Systems, Encrypted Data

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced its mellohome real estate affiliate has partnered with top providers in the solar, home improvement, and home maintenance spaces.

loanDepot's mellohome Launches Partnerships for Solar Installation, Home Improvement and Maintenance Services

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot has been named in Orange County Business Journal's fourth annual “Companies That Care” report.

loanDepot featured in Orange County Business Journal's fourth annual report on “Companies That Care”

Consumers accuse companies of misrepresentation on loan payments DALLAS , Dec. 13, 2023 /PRNewswire/ -- Noted trial attorney  Rogge Dunn has filed two class action lawsuits in state court in Dallas County against Loan Depot, Inc., and Cardinal Financial Corporation alleging the companies violated the Texas Deceptive Trade Practices Act, as well as claims of negligent misrepresentation and gross negligence against Texas homeowners. According to the lawsuit, Loan Depot, Inc. (NYSE: LDI) and Cardinal Financial Corporation (NASDAQ: CFNL) provided financial services to hundreds of thousands of individuals to induce them into entering refinancing agreements where they would encourage borrowers to skip the first one or two payments on their new loan, resulting in the borrower paying added interest over the course of the loan.

Loan Depot, Inc. and Cardinal Financial Corporation Face Class Action Disputes Over Deceptive Practices

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot unveiled its fully automated melloNow underwriting engine, which can deliver a fully conditional loan approval in minutes.

loanDepot Introduces New Digital Underwriting Engine That Delivers Conditional Loan Approval in Minutes

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot's CIO George Brady received HousingWire's 2023 “Tech Trendsetters” award.

loanDepot CIO George Brady honored with HousingWire's 2023 Tech Trendsetters award

Apollo Global Management

Brookfield Asset Management

Blackstone Group

Equitrans Midstream

Fiserv Inc

General Mills

Alphabet

IAC/InterActiveCorp

Seres Therapeutics

Match Group

Ferrari

Stellantis N.V. 

Teladoc

TC Energy

TransUnion

While 2014 was a then-record year for initial public offerings (IPOs), 2015 was the worst since 2009 measured by cash raised.

15 Companies That Had Their IPO in 2015: Best and Worst Performers

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of home lending solutions that enable customers to achieve the dream of home ownership, today announced that it has joined EXIT Realty Corp. International's strategic partner network. Leveraging loanDepot's national retail footprint, EXIT's real estate professionals have full access to the expertise of loanDepot's local market loan consultants to support customers' homeownership goals. “EXIT Re.

loanDepot Joins EXIT Realty's Strategic Partner Network

The headline numbers for loanDepot (LDI) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

loanDepot (LDI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, “loanDepot” or the “Company”), a leading provider of home lending solutions that enable customers to achieve the dream of home ownership, today announced results for the third quarter ended September 30, 2023. “loanDepot continues to make significant progress against the strategic imperatives laid out in our Vision 2025 plan,” said President and Chief Executive Officer Frank Martell. “We delivered our.

loanDepot Announces Third Quarter 2023 Financial Results

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. promoted VA lending expert David Smith to the newly-created role of Vice President of National VA Lending.

loanDepot Promotes David Smith to New Role as Vice President of National VA Lending

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot has launched its new “accessZERO” program intended to make homeownership more accessible for aspiring homebuyers.

loanDepot provides down payment alternative with new “accessZERO” program

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. to report third quarter 2023 financial results on November 7, 2023.

loanDepot, Inc. to report third quarter 2023 financial results on November 7, 2023

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot is back for its third year as the Presenting Sponsor of MLB's ALCS and NLCS, hitting it out of the park for families across America.

loanDepot Celebrates Third Season as Presenting Sponsor of Major League Baseball's ALCS and NLCS and Scores Big for Habitat for Humanity

I have a positive view of loanDepot, Inc.'s new appointments, which are aligned with the company's revenue growth and profit margin expansion goals. But a significant improvement in loanDepot's financial results for the short term is less likely based on a review of industry survey results and consensus financial forecasts. I raise my rating for loanDepot to a Hold, after considering the company's latest appointments, and the outlook for the mortgage industry and loanDepot.

News for loanDepot Stock (LDI)