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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. loanDepot, Inc. was founded in 2010 and is headquartered in Foothill Ranch, California.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
loanDepot Inc operates a U.S.-focused digital mortgage origination and servicing platform providing retail and wholesale mortgage products and related loan services. Long-term growth drivers include broader adoption of digital lending workflows, expansion of servicing and fee income as loan portfolios scale, and potential efficiency gains from its technology stack that could support margin improvement. Investors may find the company attractive for exposure to mortgage distribution and servicing economics if management delivers consistent operational execution and cost control.
The main investment risks are sensitivity to interest-rate and housing-market cycles, competitive pressure from banks and fintechs, funding and credit risk inherent to nonbank lenders, and regulatory or enforcement actions that could materially affect results.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -689.98M | 666.52M | 2015.36M | 32.67M | -103.34M |
| Minority interest | 337.37M | -509.62M | 1656.61M | 375.88M | 375.88M |
| Net income | -610.38M | 623.15M | 2013.11M | 34.42M | -102.87M |
| Selling general administrative | 1292.69M | 2144.72M | 1703.08M | 865.75M | 777.24M |
| Selling and marketing expenses | 236.83M | 467.59M | 264.34M | 187.88M | 190.78M |
| Gross profit | 975.58M | 3413.43M | 4100.16M | 1210.98M | 986.42M |
| Reconciled depreciation | 42.20M | 35.54M | 60.70M | 61.34M | 36.28M |
| Ebit | -56.88M | 156.90M | 4139.42M | 1210.98M | 986.42M |
| Ebitda | -14.68M | 192.44M | 4175.09M | 1272.31M | 1022.70M |
| Depreciation and amortization | 42.20M | 35.54M | 35.67M | 61.34M | 36.28M |
| Operating income | -56.88M | 156.90M | 4139.42M | 1210.98M | 986.42M |
| Other operating expenses | 537.81M | -3294.98M | 475.31M | 136.50M | 36.88M |
| Interest expense | 274.96M | 298.02M | 179.44M | 171.64M | 146.41M |
| Tax provision | -79.59M | 43.37M | 2.25M | -1.75M | -0.47M |
| Interest income | 200.20M | 262.48M | 142.88M | 127.57M | 122.08M |
| Net interest income | -74.75M | -35.54M | -36.56M | -44.07M | -24.33M |
| Non recurring | 40.74M | - | - | - | - |
| Income tax expense | -79.59M | 43.37M | 2.25M | -1.75M | -0.47M |
| Total revenue | 1010.88M | 3451.88M | 4139.42M | 1210.98M | 986.42M |
| Total operating expenses | 502.51M | -3294.98M | 436.05M | - | - |
| Cost of revenue | 35.31M | 38.44M | 39.26M | 265.27M | 238.25M |
| Total other income expense net | -633.10M | 509.62M | -2124.06M | -1178.31M | -1089.76M |
| Net income from continuing ops | -610.38M | 623.15M | 2013.11M | 34.42M | -102.87M |
| Net income applicable to common shares | -273.02M | 113.52M | 2013.11M | 34.42M | -102.87M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 7097.91M | 11783.00M | 10893.23M | 4952.51M | 3436.79M |
| Intangible assets | 2037.45M | 2006.71M | 1127.87M | 450.08M | 3.22M |
| Other current assets | 2645.95M | -438.12M | 7249.33M | 4107.76M | 2381.37M |
| Total liab | 5688.46M | 10182.95M | 9236.61M | 4576.63M | 3087.90M |
| Total stockholder equity | 921.47M | 494.24M | 1656.61M | 375.88M | 348.89M |
| Deferred long term liab | - | - | - | 0.90M | - |
| Other current liab | -2373.49M | -7638.39M | -6713.28M | -3569.61M | - |
| Common stock | 0.32M | 0.31M | - | 138.48M | 138.48M |
| Capital stock | 0.32M | 0.31M | - | - | - |
| Retained earnings | -342.14M | -28.98M | - | 219.38M | 192.58M |
| Other liab | 212.74M | 249.93M | 64.58M | 50.37M | 194.85M |
| Good will | 0.00M | 42.32M | 42.83M | 40.70M | 40.74M |
| Other assets | 5960.12M | 9006.88M | 9131.23M | 4107.76M | 8.31M |
| Cash | 863.96M | 419.57M | 284.22M | 73.30M | 105.69M |
| Cash and equivalents | - | 419.57M | 284.22M | 73.30M | 105.69M |
| Total current liabilities | 2373.49M | 7638.39M | 6713.28M | 3569.61M | 561.80M |
| Net debt | 3633.64M | 8737.77M | 7095.14M | 4099.43M | - |
| Short term debt | 2146.60M | 7457.20M | 6577.43M | 3481.57M | 16.01M |
| Short long term debt | 2146.60M | 7457.20M | 6577.43M | 3466.57M | - |
| Short long term debt total | 4497.60M | 9157.34M | 7379.36M | 4172.73M | 2704.34M |
| Other stockholder equity | 1263.29M | 522.91M | 1656.61M | 542.49M | - |
| Property plant equipment | 92.89M | 159.91M | 134.25M | 124.81M | 77.97M |
| Total current assets | 1009.24M | 475.75M | 422.35M | 194.35M | 2871.93M |
| Long term investments | 114.65M | 91.43M | 17.53M | 17.03M | - |
| Net tangible assets | 433.50M | 1587.04M | -60.01M | -61.11M | 153.47M |
| Short term investments | 20.41M | 18.55M | - | - | - |
| Net receivables | 145.28M | 56.18M | 138.12M | 121.05M | 304.12M |
| Long term debt | 2289.32M | 1628.21M | 712.47M | 577.10M | 2674.53M |
| Accounts payable | 226.89M | 181.19M | 135.85M | 88.05M | 60.59M |
| Noncontrolling interest in consolidated entity | 487.97M | 1105.80M | - | - | - |
| Accumulated other comprehensive income | - | - | - | -166.60M | - |
| Common stock total equity | 0.32M | 0.31M | - | - | - |
| Retained earnings total equity | -342.14M | -28.98M | - | - | - |
| Treasury stock | -13.28M | -12.85M | - | - | - |
| Non currrent assets other | -2152.10M | -2300.36M | -1339.65M | -650.40M | - |
| Non current assets total | 128.56M | 2300.36M | 1339.65M | 650.40M | - |
| Capital lease obligations | 61.67M | 71.93M | 89.47M | 114.07M | - |
| Long term debt total | 4503.41M | 9085.41M | 7293.34M | 4092.48M | 2704.34M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | 7.16M | 1.37M | -0.54M | 0.15M | 0.15M |
| Change to liabilities | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total cashflows from investing activities | 667.76M | 296.78M | -27.67M | 141.09M | 503.13M |
| Net borrowings | -4648.91M | 1776.98M | 3202.82M | 1372.61M | -40.29M |
| Total cash from financing activities | -4768.60M | 1300.81M | 2429.57M | 1359.79M | -56.94M |
| Change to operating activities | -161.49M | -73.77M | 140.62M | 32.43M | -107.74M |
| Net income | -610.38M | 623.15M | 2013.11M | 34.42M | -102.87M |
| Change in cash | 359.90M | 131.91M | 371.19M | 3.50M | 17.40M |
| Begin period cash flow | 620.60M | 488.69M | 117.50M | 113.99M | 96.59M |
| End period cash flow | 980.50M | 620.60M | 488.69M | 117.50M | 113.99M |
| Total cash from operating activities | 4460.75M | -1465.68M | -2030.71M | -1497.38M | -428.79M |
| Depreciation | 62.97M | 58.15M | 60.70M | 61.34M | 36.28M |
| Other cashflows from investing activities | 703.81M | 349.53M | 6.24M | 153.64M | 543.91M |
| Dividends paid | -119.26M | -463.31M | -643.05M | -7.61M | 6.17M |
| Sale purchase of stock | -0.43M | -12.85M | -0.22M | -0.01M | -0.08M |
| Other cashflows from financing activities | 60132.89M | -21.18M | 104165.18M | 44381.95M | 31932.62M |
| Change to netincome | -149.97M | 463.35M | -4252.21M | -1631.13M | -259.71M |
| Capital expenditures | 43.21M | 54.12M | 33.91M | 12.55M | 40.77M |
| Cash flows other operating | 5158.13M | -2610.34M | - | - | - |
| Cash and cash equivalents changes | 359.90M | 131.91M | - | - | - |
| Change in working capital | -161.49M | -73.77M | 140.62M | 57.94M | -132.69M |
| Stock based compensation | 20.58M | 67.06M | 8.50M | 0.19M | 2.07M |
| Other non cash items | 5229.34M | -2171.59M | -381.58M | -521.36M | 550.04M |
| Free cash flow | 4417.53M | -1519.81M | -2064.62M | -1509.93M | -469.56M |
Sector: Financial Services Industry: Mortgage Finance
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
|---|---|---|---|---|---|---|
| LDI Loandepot Inc |
-0.01 1.65% |
0.47 | - | 91.74 | 1.28 | 1.55 |
| FMCCT Federal Home Loan Mortgage Corp Pref Perpetual |
0.38 3.69% |
10.68 | 197.79 | - | 2.68 | - |
| RKT Rocket Companies Inc |
-0.09 0.59% |
14.37 | 8.17 | 62.50 | 7.58 | 3.14 |
| FNMFO Federal National Mortgage Association |
-1500.00 5.77% |
24500.00 | 1000000.00 | - | 0.55 | - |
| FNMAS Federal National Mortgage Association Pref S |
0.05 0.66% |
7.60 | 1701.43 | - | 0.55 | - |
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. loanDepot, Inc. was founded in 2010 and is headquartered in Foothill Ranch, California.
26642 Towne Centre Drive, Foothill Ranch, CA, United States, 92610
888 337 6888
4532
| Name | Title | Year Born |
|---|---|---|
| Mr. Anthony Li Hsieh | Founder & Exec. Chairman | 1965 |
| Mr. Jeffrey Michael DerGurahian | Chief Investment Officer & Head Economist | 1976 |
| Mr. Frank D. Martell | CEO, Pres & Director | 1960 |
| Mr. Patrick J. Flanagan | Chief Financial Officer | 1966 |
| Ms. Tammy Richards | Chief Operations Officer | NA |
| Ms. Nicole M. Carrillo | Exec. VP & Chief Accounting Officer | 1981 |
| Mr. William Wied | Sr. VP & CTO | 1969 |
| Ms. T. J. Freeborn | Exec. VP & Chief Admin. Officer | NA |
| Ms. Clare Anderson | Director of Investor Solutions | NA |
| Abe Gutierrez | VP of Investor Relations | NA |
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