Barclays (LON:BARC) analyst Mark Devries maintained a Hold rating on loanDepot, Inc. on Monday, setting a price target of $10, which is approximately 65.84% above the present share price of $6.03.
Devries expects loanDepot, Inc. to post earnings per share (EPS) of $0.07 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in loanDepot, with an average price target of $11.
The analysts price targets range from a high of $15 to a low of $8.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $708.63 million and a net profit of $0. The company's market cap is $1.86 billion.
According to TipRanks.com, Barclays analyst Mark Devries is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.3% and a 66.22% success rate.
Founded in 2010, California-based loanDepot Inc. is a consumer lending and real estate services provider. It sells mortgage and non-mortgage lending products and is among the largest retail mortgage lenders in the U.S. The company also provides settlement services, real estate services, and insurance brokerage services.