Jefferies (NYSE:JEF) analyst Ryan Carr maintained a Buy rating on loanDepot, Inc. on Monday, setting a price target of $13, which is approximately 183.22% above the present share price of $4.59.
Carr expects loanDepot, Inc. to post earnings per share (EPS) of $0.40 for the fourth quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in loanDepot, with an average price target of $10.72.
The analysts price targets range from a high of $13 to a low of $7.5.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $851.37 million and a net profit of $0. The company's market cap is $1.42 billion.
According to TipRanks.com, Jefferies analyst Ryan Carr is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.6% and a 52.50% 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.