loanDepot, Inc.(LDI),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community - To The Moon

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LDI loanDepot, Inc.

Trading 11-15 15:50:43 EST

2.43

-0.12

-4.71%

High2.56	Low2.43	Vol552.95K
Open2.52	D1 Closing2.55	Amplitude4.90%
Mkt Cap460.58M	Tradable Cap160.58M	Total Shares189.54M
T/O1.37M	T/O Rate0.84%	Tradable Shares66.08M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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RENO, Nev., Nov. 13, 2024  -- GlobalTech Corporation , a leading U.S.-based technology investment holding company, today announced financial results for the third quarter of 2024.-- Net Revenues grew $2.2 million, or 78.0% to $5.02 million for the third. quarter of 2024, compared to the prior year's quarter, led by higher. -- Direct Operating Costs of $4.6 million, compared to $2.2 million in last. year's third quarter, due to higher interconnect costs. last year's same period, primarily due to the increase in revenues,GlobalTech Corporation, headquartered in the USA, is a technology investment holding company that aims to provide growth capital and technological innovation to sectors such as AI,","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LDI","BK4229","BK4195","BK4115","GLTK"],"gpt_icon":0},{"id":"2483403875","title":"loanDepot (LDI) Shows Fast-paced Momentum But Is Still a Bargain Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2483403875","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483403875?lang=en_us&edition=fundamental","pubTime":"2024-11-12 21:50","pubTimestamp":1731419406,"startTime":"0","endTime":"0","summary":"Momentum investors typically don't time the market or \"buy low and sell high.\" In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that \"buying high and selling higher\" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks?But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.loanDepot  is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:. So, LDI appears to have plenty of room to run, and that too at a fast pace.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/auhFPLcthJM50UYepXcODg--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/2f0d6efdd8740952a371c97ddea6e926","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/auhFPLcthJM50UYepXcODg--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/2f0d6efdd8740952a371c97ddea6e926"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/loandepot-ldi-shows-fast-paced-135006360.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["FAST","BK4585","BK4588","LDI","BK4195","BK4104","BK4229","BK4567"],"gpt_icon":0},{"id":"2481039819","title":"loanDepot Third Quarter 2024 Earnings: Beats Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2481039819","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481039819?lang=en_us&edition=fundamental","pubTime":"2024-11-07 20:01","pubTimestamp":1730980891,"startTime":"0","endTime":"0","summary":"Profit margin: 0.5% . The move to profitability was driven by higher revenue.NYSE:LDI Earnings and Revenue Growth November 7th 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue exceeded analyst estimates by 14%. Earnings per share  also surpassed analyst estimates.Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Diversified Financial industry in the US.The company's shares are up 20% from a week ago.It is worth noting though that we have found 3 warning signs for loanDepot that you need to take into consideration.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/loandepot-third-quarter-2024-earnings-120131070.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LDI"],"gpt_icon":0},{"id":"2481664242","title":"loanDepot Inc (LDI) Q3 2024 Earnings Call Highlights: A Return to Profitability Amid Market ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2481664242","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481664242?lang=en_us&edition=fundamental","pubTime":"2024-11-06 15:26","pubTimestamp":1730878019,"startTime":"0","endTime":"0","summary":"Adjusted Net Income: $7 million in Q3 2024, compared to an adjusted net loss of $29 million in Q3 2023.Pull-Through Weighted Rate Lock Volume: $6.7 billion, a 19% increase from $5.8 billion in the prior year.Adjusted Total Revenue: $320 million, up from $261 million in Q3 2023.Gain on Sale Margin: 329 basis points, above the guidance of 280 to 300 basis points and compared to 293 basis points in the prior year.Loan Origination Volume: $6.7 billion, a 9% increase from $6.1 billion in the prior year.Servicing Fee Income: Increased to $124 million from $121 million in Q3 2023.Total Expenses: Increased by $6 million or 2% from the prior year quarter.Cash Position: Ended the quarter with $483 million in cash.GuruFocus has detected 4 Warning Signs with LDI.For the complete transcript of the earnings call, please refer to the full earnings call transcript.LoanDepot Inc  reduced annualized non-volume expenses by over $730 million since the second quarter of 2022.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/RzKs72HV3SEVZvhl0GgGJQ--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/e8bb026fd78c87764dd355f3b5f9fdc4","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/RzKs72HV3SEVZvhl0GgGJQ--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/e8bb026fd78c87764dd355f3b5f9fdc4"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/loandepot-inc-ldi-q3-2024-072659380.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LDI"],"gpt_icon":0},{"id":"2481611569","title":"loanDepot Inc reports results for the quarter ended in January 1 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2481611569","media":"Reuters","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481611569?lang=en_us&edition=fundamental","pubTime":"2024-11-06 12:36","pubTimestamp":1730867816,"startTime":"0","endTime":"0","summary":"* loanDepot Inc    reported quarterly adjusted earnings of 2 cents per share for the quarter ended January 1, higher than the same quarter last year, when the company reported EPS of -8 cents.  The me","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LDI"],"gpt_icon":0},{"id":"2481694001","title":"loanDepot (LDI) Q3 2024 Earnings Call Transcript","url":"https://stock-news.laohu8.com/highlight/detail?id=2481694001","media":"Motley Fool Transcribing","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481694001?lang=en_us&edition=fundamental","pubTime":"2024-11-06 10:15","pubTimestamp":1730859311,"startTime":"0","endTime":"0","summary":"LDI earnings call for the period ending September 30, 2024.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com/earnings/call-transcripts/2024/11/05/loandepot-ldi-q3-2024-earnings-call-transcript/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_motley_transcript","symbols":["LDI"],"gpt_icon":0},{"id":"2481696572","title":"Here's What Key Metrics Tell Us About loanDepot (LDI) Q3 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2481696572","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481696572?lang=en_us&edition=fundamental","pubTime":"2024-11-06 07:30","pubTimestamp":1730849408,"startTime":"0","endTime":"0","summary":"For the quarter ended September 2024, loanDepot  reported revenue of $314.6 million, up 18.4% over the same period last year. EPS came in at $0.03, compared to -$0.15 in the year-ago quarter.The reported revenue represents a surprise of +9.87% over the Zacks Consensus Estimate of $286.35 million. With the consensus EPS estimate being -$0.03, the EPS surprise was +200.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Here is how loanDepot performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:. Shares of loanDepot have returned -8.4% over the past month versus the Zacks S&P 500 composite's -0.5% change. The stock currently has a Zacks Rank #3 , indicating that it could perform in line with the broader market in the near term.To rea","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/XFzKRSTb2_xUaLSOCP9.Bg--~B/aD02MDI7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/a41b81fe729c761f3f94f42ff348f70c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/XFzKRSTb2_xUaLSOCP9.Bg--~B/aD02MDI7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/a41b81fe729c761f3f94f42ff348f70c"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/heres-key-metrics-tell-us-233008468.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LDI"],"gpt_icon":0},{"id":"2481665353","title":"BUZZ-loanDepot jumps after returning to profitability","url":"https://stock-news.laohu8.com/highlight/detail?id=2481665353","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481665353?lang=en_us&edition=fundamental","pubTime":"2024-11-06 07:05","pubTimestamp":1730847909,"startTime":"0","endTime":"0","summary":"** Shares of mortgage lender loanDepot    jump 7.9% to $2.32 after the bell   ** LDI posts Q3 adjusted profit of 2 cents/shr, compared to Wall Street expectations of a loss of 4 cents/shr, according to data compiled by LSEG   ** Q3 revenue jumped 18% to $315 mln, driven by modest improvement in the mortgage market    ** Analysts had expected revenue of $276 mln   ** As of last close, LDI shares down 39% YTD ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4229","BK4195","LDI"],"gpt_icon":0},{"id":"2481666179","title":"LoanDepot (LDI) Beats Q3 Earnings and Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2481666179","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481666179?lang=en_us&edition=fundamental","pubTime":"2024-11-06 06:50","pubTimestamp":1730847003,"startTime":"0","endTime":"0","summary":"LoanDepot  came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 200%. A quarter ago, it was expected that this lender would post a loss of $0.08 per share when it actually produced a loss of $0.05, delivering a surprise of 37.50%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.loanDepot , which belongs to the Zacks Financial - Mortgage & Related Services industry, posted revenues of $314.6 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 9.87%. This compares to year-ago revenues of $265.66 million. The company has topped consensus revenue estimates just once over the last four quarters.Investors should be mindful of the fact that the outlook for the industry can have a material impa","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/I67vygGrP1BjgOjVx.apeA--~B/aD03Mjg7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b9775f315e7b6c4ada6e36d0048a929a","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/I67vygGrP1BjgOjVx.apeA--~B/aD03Mjg7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b9775f315e7b6c4ada6e36d0048a929a"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/loandepot-ldi-beats-q3-earnings-225003486.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LDI"],"gpt_icon":0},{"id":"2481945657","title":"LoanDepot: Q3 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2481945657","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481945657?lang=en_us&edition=fundamental","pubTime":"2024-11-06 05:49","pubTimestamp":1730843340,"startTime":"0","endTime":"0","summary":"IRVINE, Calif.  — IRVINE, Calif.  — LoanDepot Inc.  on Tuesday reported third-quarter earnings of $1.4 million.The Irvine, California-based company said it had profit of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 3 cents per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.The lender posted revenue of $314.6 million in the period.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/loandepot-q3-earnings-snapshot-214900275.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LDI"],"gpt_icon":0},{"id":"2481665495","title":"loanDepot Achieves Profitability and Launches Strategic Initiatives","url":"https://stock-news.laohu8.com/highlight/detail?id=2481665495","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481665495?lang=en_us&edition=fundamental","pubTime":"2024-11-06 05:36","pubTimestamp":1730842589,"startTime":"0","endTime":"0","summary":"loanDepot ( ($LDI) ) has issued an update. loanDepot returned to profitability in Q3 2024 with a revenue of $315 million, thanks to higher volumes,...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/loandepot-achieves-profitability-and-launches-strategic-initiatives?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/loandepot-achieves-profitability-and-launches-strategic-initiatives?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4195","BK4229","LDI"],"gpt_icon":0},{"id":"2481651656","title":"loanDepot Q3 2024 Adj. EPS $0.02 Beats $(0.04) Estimate, Sales $314.598M Beat $275.995M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2481651656","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481651656?lang=en_us&edition=fundamental","pubTime":"2024-11-06 05:24","pubTimestamp":1730841841,"startTime":"0","endTime":"0","summary":"loanDepot (NYSE:LDI) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $(0.04) by 150 percent.  The company reported quarterly sales of $314.598 million which beat the analyst","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/11/41758619/loandepot-q3-2024-adj-eps-0-02-beats-0-04-estimate-sales-314-598m-beat-275-995m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"loanDepot Q3 2024 Adj. 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Houston, Texas; Birmingham and Huntsville, Alabama; Charlotte and Raleigh, North Carolina; and Chattanooga and Nashville, Tennessee, the companies said.Price: 34.35, Change: +0.77, Percent Change: +2.31","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4195","NWHM","SDHC","BK4185","SHDC","BK4229","LDI","JYNT","CFA.SI"],"gpt_icon":0},{"id":"2480882015","title":"Smith Douglas Homes Corp - Ridgeland Mortgage to Operate in Multiple U.S. Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=2480882015","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480882015?lang=en_us&edition=fundamental","pubTime":"2024-11-04 21:30","pubTimestamp":1730727002,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241104:nTUA2LLN7Y:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SDHC","LDI","BK4088","BK4195","BK4229"],"gpt_icon":0},{"id":"2480158824","title":"Loandepot and Smith Douglas Homes Announce New Joint Venture Called Ridgeland Mortgage","url":"https://stock-news.laohu8.com/highlight/detail?id=2480158824","media":"THOMSON REUTERS","labels":["Company Corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480158824?lang=en_us&edition=fundamental","pubTime":"2024-11-04 21:30","pubTimestamp":1730727002,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241104:nTUA2LLN7Y:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"Company Corporation","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LDI","BK4195","BK4229","BK4088","SDHC"],"gpt_icon":0},{"id":"2480583819","title":"loanDepot and Smith Douglas Homes Announce New Joint Venture called Ridgeland Mortgage","url":"https://stock-news.laohu8.com/highlight/detail?id=2480583819","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480583819?lang=en_us&edition=fundamental","pubTime":"2024-11-04 21:30","pubTimestamp":1730727000,"startTime":"0","endTime":"0","summary":"New venture connects award-winning approach to new home construction with industry-leading lending platform to exceed customer expectations. SCOTTSDALE, Ariz., November 04, 2024----loanDepot, Inc. , a leading provider of products and services that power the homeownership journey, and Smith Douglas Homes , the nation’s 36th largest new home builderi with a strong presence in America’s Southeast and Southern regions, today announced a new joint venture that will provide a smooth and streamlined financing option for new home buyers.Called Ridgeland Mortgage, the venture expands loanDepot’s footprint in the purchase mortgage market while supporting Smith Douglas Homes’ continued growth and success. It will benefit from Smith Douglas Homes’ focus on building high quality homes at attractive prices in growing markets while capitalizing on loanDepot's lending industry expertise and best-in-class platform. As Ridgeland Mortgage grows, the company plans to operate in the following markets:","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Wcjo.Z1Bt47EkO5xA7xk5g--~B/aD03NzY7dz0zOTQ2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/e5fd28cf59e5e41c3ec4f6147d7acc7e","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Wcjo.Z1Bt47EkO5xA7xk5g--~B/aD03NzY7dz0zOTQ2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/e5fd28cf59e5e41c3ec4f6147d7acc7e"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/loandepot-smith-douglas-homes-announce-133000827.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["JYNT","LDI","BK4195","BK4185","BK4088","SDHC","BK4229"],"gpt_icon":0}],"profile":{"websiteUrl":"http://investors.loandepot.com","stockEarnings":[{"period":"1week","weight":-0.0659},{"period":"1month","weight":0.25},{"period":"3month","weight":-0.0925},{"period":"6month","weight":0.186},{"period":"1year","weight":0.4489},{"period":"ytd","weight":-0.2756}],"compareEarnings":[{"period":"1week","weight":-0.0038},{"period":"1month","weight":0.0234},{"period":"3month","weight":0.0704},{"period":"6month","weight":0.1207},{"period":"1year","weight":0.3195},{"period":"ytd","weight":0.2483}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. 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