loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot the pioneering leader of the mortgage industry with a digital-first approach that makes it easier, faster and less stressful to purchase or refinance a home. Today, as one of the nation's largest non-bank mortgage lenders, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional and national philanthropic efforts.
Company profile
Ticker
LDI
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
LD Holdings Group LLC • loanDepot.com, LLC ...
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
22 Apr 24
ARS
2023 FY
Annual report to shareholders
19 Apr 24
DEF 14A
Definitive proxy
19 Apr 24
S-8 POS
Registration of securities for employees (post-effective amendment)
8 Apr 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Results of Operations and Financial Condition
12 Mar 24
8-K/A
Other Events
26 Feb 24
8-K
Entry into a Material Definitive Agreement
31 Jan 24
8-K/A
Other Events
22 Jan 24
8-K
Entry into a Material Definitive Agreement
18 Jan 24
Transcripts
LDI
Earnings call transcript
2023 Q4
12 Mar 24
LDI
Earnings call transcript
2023 Q3
7 Nov 23
LDI
Earnings call transcript
2022 Q4
8 Mar 23
LDI
Earnings call transcript
2022 Q3
9 Nov 22
LDI
Earnings call transcript
2022 Q2
10 Aug 22
LDI
Earnings call transcript
2022 Q1
10 May 22
LDI
Earnings call transcript
2021 Q4
1 Feb 22
LDI
Earnings call transcript
2021 Q3
1 Nov 21
LDI
Earnings call transcript
2021 Q2
8 Aug 21
LDI
Earnings call transcript
2021 Q1
3 May 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 831.96 mm | 831.96 mm | 831.96 mm | 831.96 mm | 831.96 mm | 831.96 mm |
Cash burn (monthly) | (no burn) | 39.41 mm | 13.16 mm | 31.54 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 269.04 mm | 89.81 mm | 215.30 mm | n/a | n/a |
Cash remaining | n/a | 562.92 mm | 742.15 mm | 616.66 mm | n/a | n/a |
Runway (months of cash) | n/a | 14.3 | 56.4 | 19.6 | n/a | n/a |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 49 |
Opened positions | 9 |
Closed positions | 12 |
Increased positions | 13 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 34.44 bn |
Total shares | 123.93 mm |
Total puts | 49.40 k |
Total calls | 165.90 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
PCP Managers GP | 104.44 mm | $0.00 |
Cannell Capital | 4.52 mm | $9.58 bn |
Vanguard | 4.31 mm | $9.14 bn |
Brandywine Global Investment Management | 3.54 mm | $7.51 bn |
Knightsbridge Asset Management | 2.63 mm | $5.57 mm |
Prelude Capital Management | 660.18 k | $1.40 bn |
Renaissance Technologies | 559.98 k | $1.19 mm |
Wolverine Asset Management | 527.63 k | $1.12 bn |
Geode Capital Management | 521.95 k | $1.11 bn |
Bridgeway Capital Management | 349.03 k | $739.93 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Gregory Smallwood | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 138,297 | 0.00 | 138,297 |
15 Apr 24 | Joseph J Grassi III | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 138,297 | 0.00 | 138,297 |
15 Apr 24 | Dan Binowitz | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 212,765 | 0.00 | 212,765 |
15 Apr 24 | Jeffrey Michael DerGurahian | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 212,765 | 0.00 | 212,765 |
15 Apr 24 | Jeff Alexander Walsh | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 212,765 | 0.00 | 212,765 |
News
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16 Apr 24
Why Clover Health Investments Shares Are Trading Higher By 11%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
13 Mar 24
Dollar Tree Reports Weak Earnings, Joins Tesla, Arcos Dorados And Other Big Stocks Moving Lower On Wednesday
13 Mar 24
Goldman Sachs Maintains Sell on loanDepot, Lowers Price Target to $2.5
13 Mar 24
Recap: loanDepot Q4 Earnings
12 Mar 24
Press releases
loanDepot, Inc. to Report First Quarter 2024 Financial Results on May 7, 2024
22 Apr 24
loanDepot's New AccessONE+ Program Provides First-Time Homebuyers With up to $9,000 in Down Payment Assistance
22 Apr 24
52 loanDepot Originators Recognized in 2024 Scotsman Guide Top Originators Rankings
9 Apr 24
loanDepot Supports Habitat for Humanity's Work to Create Equitable, Inclusive Communities as a Presenting Sponsor of "Home is the Key"
2 Apr 24
loanDepot and Major League Baseball Bring "Ballpark Bingo" Back to Fans for the 2024 Season
28 Mar 24