loanDepot (NYSE:LDI) issued its quarterly earnings data on Sunday. The company reported $0.98 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.41, Briefing.com reports. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.02 billion. The business’s revenue was up 170.7% compared to the same quarter last year.
Shares of NYSE:LDI traded down $0.33 during trading hours on Tuesday, reaching $18.73. The stock had a trading volume of 165,047 shares, compared to its average volume of 683,202. The business’s 50 day moving average is $20.45. loanDepot has a 1 year low of $14.00 and a 1 year high of $39.85.
The company also recently disclosed 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 Company Profile
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.
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