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How to buy Loandepot stock

Learn how to easily invest in Loandepot stock.

California-based mortgage lender loanDepot Inc. completed a downsized IPO, raising $53.9 million after selling 3.85 million shares at $14 each, well below the $19 to $21 range expected.

Shares of LDI opened Thursday at $14.01 and rapidly jumped 20%.

Goldman Sachs Group, BofA Securities, Credit Suisse and Morgan Stanley were the lead bookrunners for the deal.

How to buy shares in Loandepot

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – LDI – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Loandepot stock price (NYSE: LDI)

Use our graph to track the performance of LDI stocks over time.

Loandepot shares at a glance

Information last updated 2022-09-26.
Latest market close$1.31
52-week range$1.25 - $8.57
50-day moving average $1.68
200-day moving average $3.05
Wall St. target price$2.71
PE ratio 4.6429
Dividend yield $0.24 (21.19%)
Earnings per share (TTM) $0.28

Buy Loandepot shares from these brokerages

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*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Loandepot stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Loandepot price performance over time

Historical closes compared with the close of $1.31 from 2022-09-27

1 week (2022-09-21) -13.25%
1 month (2022-08-26) -19.63%
3 months (2022-06-28) -11.49%
6 months (2022-03-28) -68.66%
1 year (2021-09-28) -81.31%
2 years (2020-09-24) N/A
3 years (2019-09-24) N/A
5 years (2017-09-24) N/A

Is Loandepot stock undervalued or overvalued?

Valuing Loandepot stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Loandepot's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Loandepot's P/E ratio

Loandepot's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Loandepot shares trade at around 5x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, Loandepot's P/E ratio is best considered in relation to those of others within the mortgage finance industry or those of similar companies.

Loandepot financials

Revenue TTM $2.4 billion
Gross profit TTM $3.7 billion
Return on assets TTM -1.31%
Return on equity TTM -10.5%
Profit margin -3.11%
Book value $3.39
Market capitalisation $444.6 million

TTM: trailing 12 months

Loandepot share dividends

We're not expecting Loandepot to pay a dividend over the next 12 months.

You may also wish to consider:

Loandepot overview

loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. It offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity loans. The company also provides settlement services, which include captive title and escrow business; real estate services that cover captive real estate referral business; and insurance services, including services to homeowners, as well as other consumer insurance policies. The company was founded in 2010 and is headquartered in Foothill Ranch, California. .

Frequently asked questions

What percentage of Loandepot is owned by insiders or institutions?
Currently 16.311% of Loandepot shares are held by insiders and 22.55% by institutions.
How many people work for Loandepot?
Latest data suggests 8,540 work at Loandepot.
When does the fiscal year end for Loandepot?
Loandepot's fiscal year ends in December.
Where is Loandepot based?
Loandepot's address is: 26642 Towne Centre Drive, Foothill Ranch, CA, United States, 92610
What is Loandepot's ISIN number?
Loandepot's international securities identification number is: US53946R1068

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