A new trading day began on Tuesday, with LoanDepot Inc (NYSE: LDI) stock price down -2.11% from the previous day of trading, before settling in for the closing price of $2.37. LDI’s price has ranged from $1.52 to $3.71 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 19.19% over the last five years. Meanwhile, its annual earnings per share averaged 52.98%. With a float of $70.25 million, this company’s outstanding shares have now reached $84.03 million.
The firm has a total of 5297 workers. Let’s measure their productivity. In terms of profitability, gross margin is 108.82%, operating margin of 23.91%, and the pretax margin is -21.88%.
LoanDepot Inc (LDI) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Mortgage Finance Industry. The insider ownership of LoanDepot Inc is 63.99%, while institutional ownership is 13.95%. The most recent insider transaction that took place on Nov 14 ’24, was worth 368,101. In this transaction Director of this company sold 146,072 shares at a rate of $2.52, taking the stock ownership to the 7,333,888 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Director sold 123,759 for $2.47, making the entire transaction worth $305,685. This insider now owns 7,210,129 shares in total.
LoanDepot Inc (LDI) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.15 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.98% per share during the next fiscal year.
LoanDepot Inc (NYSE: LDI) Trading Performance Indicators
Here are LoanDepot Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.51, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach 0.19 in one year’s time.
Technical Analysis of LoanDepot Inc (LDI)
Analysing the last 5-days average volume posted by the [LoanDepot Inc, LDI], we can find that recorded value of 0.87 million was better than the volume posted last year of 0.6 million. As of the previous 9 days, the stock’s Stochastic %D was 24.10%. Additionally, its Average True Range was 0.15.
During the past 100 days, LoanDepot Inc’s (LDI) raw stochastic average was set at 46.92%, which indicates a significant increase from 32.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.52% in the past 14 days, which was higher than the 82.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.43, while its 200-day Moving Average is $2.31. Now, the first resistance to watch is $2.37. This is followed by the second major resistance level at $2.42. The third major resistance level sits at $2.45. If the price goes on to break the first support level at $2.29, it is likely to go to the next support level at $2.26. Should the price break the second support level, the third support level stands at $2.21.
LoanDepot Inc (NYSE: LDI) Key Stats
With a market capitalization of 773.45 million, the company has a total of 325,154K Shares Outstanding. Currently, annual sales are 974,020 K while annual income is -110,140 K. The company’s previous quarter sales were 314,600 K while its latest quarter income was 1,370 K.
