Analyst Price Target is $2.60
▲ +37.57% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for loanDepot in the last 3 months. The average price target is $2.60, with a high forecast of $2.70 and a low forecast of $2.50. The average price target represents a 37.57% upside from the last price of $1.89.
Current Consensus is
Reduce
The current consensus among 3 polled investment analysts is to reduce stock in loanDepot. This rating has held steady since December 2023, when it changed from a Hold consensus rating.
loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. The company offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity loans. It 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. The company was founded in 2010 and is headquartered in Irvine, California.
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