loanDepot (NYSE:LDI) issued its quarterly earnings data on Monday. The company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.41, Briefing.com reports. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.02 billion. loanDepot’s quarterly revenue was up 170.7% on a year-over-year basis.
NYSE:LDI traded down $0.69 during trading hours on Tuesday, reaching $18.37. The company had a trading volume of 711 shares, compared to its average volume of 692,620. loanDepot has a 52 week low of $14.00 and a 52 week high of $39.85. The company’s 50 day simple moving average is $20.48.
The business also recently announced a dividend, which will be paid on Tuesday, May 18th. Shareholders of record on Monday, May 3rd will be given a $0.612 dividend. The ex-dividend date of this dividend is Friday, April 30th.
loanDepot, Inc engages in the origination and servicing of conventional and government mortgage loans in the United States. It offers conventional agency-conforming and prime jumbo, home equity, Federal Housing Administration, and VA loans. The company 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.
Featured Story: Mutual funds are not immune from market timing
Receive News & Ratings for loanDepot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for loanDepot and related companies with MarketBeat.com's FREE daily email newsletter.