LendingTree (TREE)
(Delayed Data from NSDQ)
$59.84 USD
+1.70 (2.92%)
Updated Sep 19, 2024 03:59 PM ET
After-Market: $59.75 -0.09 (-0.15%) 7:58 PM ET
3-Hold of 5 3
C Value F Growth F Momentum F VGM
Company Summary
LendingTree, Inc., the parent company of LendingTree, LLC, is headquartered in Charlotte, NC and has been operating solely in the United States since July 1998. Its online marketplace provides clients’ access to product offerings from more than 600 partners. In June 2014, the company re-launched My LendingTree, a platform that offers a personalized loan comparison-shopping experience by providing free credit scores and credit score analysis.
LendingTree has three reportable segments: Home, Consumer and Insurance. Notably, reportable segments were changed in the fourth quarter of 2019.
Home segment (which contributed 22.3% of total revenues as of June 30, 2024) ...
Company Summary
LendingTree, Inc., the parent company of LendingTree, LLC, is headquartered in Charlotte, NC and has been operating solely in the United States since July 1998. Its online marketplace provides clients’ access to product offerings from more than 600 partners. In June 2014, the company re-launched My LendingTree, a platform that offers a personalized loan comparison-shopping experience by providing free credit scores and credit score analysis.
LendingTree has three reportable segments: Home, Consumer and Insurance. Notably, reportable segments were changed in the fourth quarter of 2019.
Home segment (which contributed 22.3% of total revenues as of June 30, 2024) provides a complete suite of loan offerings, including purchase mortgage, refinance mortgage, home equity loans and lines of credit in the United States.
Consumer segment (42.4%) includes information, tools and access to multiple conditional loan offers for credit cards, personal loans, small business loans, student loans, auto loans, deposit accounts, and other credit products such as credit repair and debt settlement.
Insurance segment (35.4%) includes information, tools and access to insurance quote products and sales of insurance policies in the agency. businesses.
Other category (0.01%) includes revenues from the resale of online advertising space to third parties and home improvement referrals. The company ceased reselling online advertising space during the first quarter of 2020 and ceased offering home improvement referrals in first-quarter 2019.
For the past few years, LendingTree has been focused on diversifying its business and sources of revenues through acquisitions. In first-quarter 2022 the company acquired an equity interest in EarnUp, a consumer-facing payments platform, for $15 million. In 2020, it acquired an equity interest in Stash Financial, Inc. In 2019, LendingTree acquired ValuePenguin.com for $106.1 million. In 2018, the company completed the acquisitions of QuoteWizard.com, LLC, for the total equity purchase value of $370.2 million and Student Loan Hero, Inc. for a total cash consideration of $60 million. Further, it acquired Ovation Credit Services for a total consideration of $20.75 million.
General Information
LendingTree, Inc
1415 VANTAGE PARK DRIVE SUITE 700
CHARLOTTE, NC 28203
Phone: 704-541-5351
Fax: 704-541-5352
Web: http://www.lendingtree.com
Email: investors@lendingtree.com
Industry | Financial - Mortgage & Related Services |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/29/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.67 |
Current Year EPS Consensus Estimate | 2.05 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 10/29/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 58.14 |
52 Week High | 62.27 |
52 Week Low | 10.12 |
Beta | 2.12 |
20 Day Moving Average | 180,176.66 |
Target Price Consensus | 61.50 |
4 Week | 11.38 |
12 Week | 45.39 |
YTD | 91.75 |
4 Week | 11.43 |
12 Week | 41.75 |
YTD | 62.80 |
Shares Outstanding (millions) | 13.34 |
Market Capitalization (millions) | 775.70 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | NA |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 28.40 |
Trailing 12 Months | 27.30 |
PEG Ratio | NA |
vs. Previous Year | -104.65% |
vs. Previous Quarter | -118.18% |
vs. Previous Year | 15.12% |
vs. Previous Quarter | 25.21% |
Price/Book | 5.32 |
Price/Cash Flow | 12.16 |
Price / Sales | 1.16 |
6/30/24 | -2.98 |
3/31/24 | 1.34 |
12/31/23 | -4.22 |
6/30/24 | -0.44 |
3/31/24 | 0.22 |
12/31/23 | -0.78 |
6/30/24 | 1.82 |
3/31/24 | 3.71 |
12/31/23 | 2.60 |
6/30/24 | 1.82 |
3/31/24 | 3.71 |
12/31/23 | 2.60 |
6/30/24 | -0.56 |
3/31/24 | 0.32 |
12/31/23 | -1.10 |
6/30/24 | -19.02 |
3/31/24 | -21.07 |
12/31/23 | -18.20 |
6/30/24 | -19.16 |
3/31/24 | -21.44 |
12/31/23 | -18.58 |
6/30/24 | 10.93 |
3/31/24 | 9.94 |
12/31/23 | 9.55 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 3.21 |
3/31/24 | 4.80 |
12/31/23 | 4.23 |
6/30/24 | 76.23 |
3/31/24 | 82.76 |
12/31/23 | 80.89 |