LoanDepot Inc - Class A logo

LDI

LoanDepot Inc - Class A

$1.68

Earnings Summary

Revenue
$449.01Mn
Net Profits
$-34.74Mn
Net Profit Margins
-7.74%
PE Ratio
6.46

Highlights

Revenue:

LoanDepot Inc - Class A’s revenue fell -64.25% since last year same period to $449.01Mn in the Q1 2022. On a quarterly growth basis, LoanDepot Inc - Class A has generated -36.31% fall in its revenue since last 3-months.

Net Profits:

LoanDepot Inc - Class A’s net profit fell -177.42% since last year same period to $-34.74Mn in the Q1 2022. On a quarterly growth basis, LoanDepot Inc - Class A has generated -335.82% fall in its net profits since last 3-months.

Net Profit Margins:

LoanDepot Inc - Class A’s net profit margin fell -316.53% since last year same period to -7.74% in the Q1 2022. On a quarterly growth basis, LoanDepot Inc - Class A has generated -470.28% fall in its net profit margins since last 3-months.

PE Ratio:

LoanDepot Inc - Class A’s price-to-earnings ratio after this Q1 2022 earnings stands at 6.46.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the LoanDepot Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.21
EPS Estimate Current Year
-0.21

Highlights

EPS Estimate Current Quarter:

LoanDepot Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.21 - a -800% fall from last quarter’s estimates.

EPS Estimate Current Year:

LoanDepot Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.21.

Key Ratios

Key ratios of the LoanDepot Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.26
Return on Assets (ROA)
-0.01
Return on Equity (ROE)
-0.11
Dividend Per Share (DPS)
0.24

Highlights

Earning Per Share (EPS):

LoanDepot Inc - Class A’s earning per share (EPS) fell -126.53% since last year same period to -0.26 in the Q1 2022. This indicates that the LoanDepot Inc - Class A has generated -126.53% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. LoanDepot Inc - Class A’s return on assets (ROA) stands at -0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. LoanDepot Inc - Class A’s return on equity (ROE) stands at -0.11.

Dividend Per Share (DPS):

LoanDepot Inc - Class A declared 0.24 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-13
0.03
-0.26
-966.67%

Company Information

loanDepot is a contemporary financial services company dedicated to delivering a best-in-class experience to its mortgage purchase and refinance customers. Launched in 2010, loanDepot offers a diversified network of direct-to-consumer, in-market, partnership and wholesale business channels, uniquely positioning it to serve a wide range of customers. Headquartered in Southern California, the company has funded more than $275 billion since its founding and currently ranks as the second largest retail nonbank lender and one of the leading retail mortgage lenders in the United States. Committed to serving the communities in which its customers and team members live and work, loanDepot is a significant donor supporting a variety of local, regional and national philanthropic efforts, most recently donating more than $2.5 million to directly assist COVID-impacted first responders, healthcare workers, individuals and families nationwide. The Company also is a founding sponsor of War Heroes on Water, which supports ongoing therapeutic healing services for combat-wounded veterans.

Organisation
LoanDepot Inc - Class A
Headquarters
Foothill Ranch, California, United States
CEO
Anthony Hsieh