Loandepot Inc

Company Profile

Loandepot Inc had its IPO on 2021-02-11 under the ticker symbol LDI.

The company operates in the Financial Services sector and Mortgage Finance industry. Loandepot Inc has a staff strength of 4,683 employees.

Stock update

Shares of Loandepot Inc opened at $1.88 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.88 - $1.95, and closed at $1.89.

This is a 0% increase from the previous day's closing price.

A total volume of 271,114 shares were traded at the close of the day’s session.

In the last one week, shares of Loandepot Inc have slipped by -6.9%.

Loandepot Inc's Key Ratios

Loandepot Inc has a market cap of $649.60 million, indicating a price to book ratio of 0.5686 and a price to sales ratio of 0.3255.

In the last 12-months Loandepot Inc’s revenue was $858.16 million with a gross profit of $828.82 million and an EBITDA of $0. The EBITDA ratio measures Loandepot Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Loandepot Inc’s operating margin was -56.56% while its return on assets stood at -5.67% with a return of equity of -43.43%.

In Q2, Loandepot Inc’s quarterly earnings growth was a negative -98.8% while revenue growth was a negative 3.4%.

Loandepot Inc’s PE and PEG Ratio

Forward PE

91.7431

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.21 per share while it has a forward price to earnings multiple of 91.7431 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Loandepot Inc’s profitability.

Loandepot Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.3255.

Loandepot Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$6.20 billion

Total Liabilities

$2.05 billion

Operating Cash Flow

$81.20 million

Capital Expenditure

$5.27 million

Dividend Payout Ratio

0%

Loandepot Inc ended 2024 with $6.20 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.20 billion while shareholder equity stood at $797.34 million.

Loandepot Inc ended 2024 with $0 in deferred long-term liabilities, $2.05 billion in other current liabilities, 322000.00 in common stock, $-408220000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $719.07 million and cash and short-term investments were $719.07 million. The company’s total short-term debt was $2,046,208,000 while long-term debt stood at $2.24 billion.

Loandepot Inc’s total current assets stands at $787.65 million while long-term investments were $111.76 million and short-term investments were $0. Its net receivables were $68.58 million compared to accounts payable of $407.36 million and inventory worth $0.

In 2024, Loandepot Inc's operating cash flow was $81.20 million while its capital expenditure stood at $5.27 million.

Comparatively, Loandepot Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.89

52-Week High

$3.02

52-Week Low

$0.6035

Analyst Target Price

$2.08

Loandepot Inc stock is currently trading at $1.89 per share. It touched a 52-week high of $3.02 and a 52-week low of $3.02. Analysts tracking the stock have a 12-month average target price of $2.08.

Its 50-day moving average was $2.09 and 200-day moving average was $1.81 The short ratio stood at 8.15 indicating a short percent outstanding of 0%.

Around 2251% of the company’s stock are held by insiders while 3122.1% are held by institutions.