LendingTree (NASDAQ:TREE – Get Free Report) released its earnings results on Wednesday. The financial services provider reported $0.68 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.68, Zacks reports. LendingTree had a negative net margin of 4.72% and a positive return on equity of 0.51%. LendingTree updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.
LendingTree Price Performance
Shares of NASDAQ TREE traded up $1.55 during mid-day trading on Wednesday, hitting $40.27. 391,633 shares of the company’s stock traded hands, compared to its average volume of 225,021. The company’s 50-day moving average is $41.98 and its two-hundred day moving average is $47.83. The company has a debt-to-equity ratio of 3.67, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market capitalization of $538.09 million, a P/E ratio of -14.91 and a beta of 2.07. LendingTree has a 1 year low of $33.58 and a 1 year high of $62.49.
Analyst Ratings Changes
TREE has been the topic of several research analyst reports. Northland Securities upgraded shares of LendingTree from a “market perform” rating to an “outperform” rating and set a $60.00 price target on the stock in a research note on Tuesday, January 21st. StockNews.com upgraded shares of LendingTree from a “hold” rating to a “buy” rating in a research note on Friday, February 14th. Finally, Northland Capmk upgraded shares of LendingTree from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, LendingTree has an average rating of “Buy” and an average price target of $67.71.
Insider Activity
In other LendingTree news, CEO Douglas R. Lebda bought 13,000 shares of the firm’s stock in a transaction dated Friday, December 6th. The shares were purchased at an average cost of $39.72 per share, for a total transaction of $516,360.00. Following the transaction, the chief executive officer now owns 121,599 shares of the company’s stock, valued at $4,829,912.28. This represents a 11.97 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Scott V. Totman bought 3,750 shares of the firm’s stock in a transaction dated Friday, December 6th. The shares were acquired at an average price of $38.59 per share, for a total transaction of $144,712.50. Following the completion of the transaction, the chief technology officer now directly owns 18,192 shares in the company, valued at approximately $702,029.28. This represents a 25.97 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 23.40% of the company’s stock.
About LendingTree
LendingTree, Inc, through its subsidiary, operates online consumer platform in the United States. It operates through three segments: Home, Consumer, and Insurance. The Home segment offers purchase mortgage, refinance mortgage, and home equity loans and lines of credit; and real estate brokerage services.
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