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
Other Events
20 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Results of Operations and Financial Condition
7 May 24
DEFA14A
Additional proxy soliciting materials
24 Apr 24
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
Transcripts
LDI
Earnings call transcript
2024 Q1
7 May 24
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
Latest ownership filings
4
Frank Martell
30 May 24
4
Anthony Li Hsieh
29 May 24
SC 13D/A
Hsieh Anthony Li
28 May 24
4
Anthony Li Hsieh
23 May 24
4
Anthony Li Hsieh
22 May 24
4
Anthony Li Hsieh
21 May 24
4
Anthony Li Hsieh
17 May 24
144/A
Notice of proposed sale of securities (amended)
17 May 24
144
Notice of proposed sale of securities
15 May 24
4/A
Frank Martell
3 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Operating income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | 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) | 678.01 mm | 678.01 mm | 678.01 mm | 678.01 mm | 678.01 mm | 678.01 mm |
Cash burn (monthly) | 22.62 mm | 17.52 mm | 28.39 mm | 21.41 mm | 92.84 mm | 54.84 mm |
Cash used (since last report) | 46.82 mm | 36.26 mm | 58.77 mm | 44.32 mm | 192.21 mm | 113.54 mm |
Cash remaining | 631.19 mm | 641.74 mm | 619.24 mm | 633.69 mm | 485.80 mm | 564.47 mm |
Runway (months of cash) | 27.9 | 36.6 | 21.8 | 29.6 | 5.2 | 10.3 |
Institutional ownership, Q4 2023
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 47 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 174.49 mm |
Total shares | 104.49 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
PCP Managers GP | 104.44 mm | $0.00 |
TFC Financial Management | 49.57 k | $174.49 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 May 24 | Frank Martell | Class A Common Stock | Buy | Acquire P | Yes | No | 1.767 | 36,639 | 64.74 k | 595,248 |
28 May 24 | Frank Martell | Class A Common Stock | Buy | Acquire P | Yes | No | 1.8 | 50,000 | 90.00 k | 558,609 |
28 May 24 | Anthony Li Hsieh | Class A Common Stock | Sell | Dispose S | Yes | No | 1.8605 | 50,000 | 93.03 k | 3,006,605 |
24 May 24 | Anthony Li Hsieh | Class A Common Stock | Sell | Dispose S | Yes | No | 1.975 | 76,210 | 150.51 k | 3,056,605 |
23 May 24 | Anthony Li Hsieh | Class A Common Stock | Sell | Dispose S | Yes | No | 2.024 | 122,808 | 248.56 k | 3,132,815 |
22 May 24 | Anthony Li Hsieh | Class A Common Stock | Sell | Dispose S | Yes | No | 2.027 | 38,504 | 78.05 k | 3,255,623 |
21 May 24 | Anthony Li Hsieh | Class A Common Stock | Sell | Dispose S | Yes | No | 2.0475 | 123,280 | 252.42 k | 3,294,127 |
20 May 24 | Anthony Li Hsieh | Class A Common Stock | Sell | Dispose S | Yes | No | 2.123 | 173,484 | 368.31 k | 3,417,407 |
17 May 24 | Anthony Li Hsieh | Class A Common Stock | Sell | Dispose S | Yes | No | 2.1954 | 198,866 | 436.59 k | 3,590,891 |
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13 Mar 24
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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