LOANDEPOT INC CLASS A (LDI)
Financials · NYSE
A digital-first mortgage originator and servicer offering conventional, jumbo, FHA/VA, and home equity lending solutions with a focus on underserved and first-time homebuyers.
What LOANDEPOT INC CLASS A does
loanDepot is a non-bank mortgage lender offering origination and in-house servicing of residential mortgages across multiple channels including direct consumer lending, retail partnerships, and homebuilder joint ventures. The company provides a broad suite of loan products—conventional agency-conforming loans, jumbo mortgages, FHA/VA loans, and home equity products—with a stated mission to increase homeownership accessibility. loanDepot ranked as the fifth largest retail-focused non-bank mortgage originator and ninth largest overall retail originator in 2025, leveraging technology and multi-channel distribution to compete in a market constrained by elevated interest rates and reduced refinance volumes.
Themes: ["Mortgage origination and servicing","Non-bank mortgage lending","Digital mortgage platforms","First-time homebuyer focus","Home equity lending","Loan servicing / mortgage servicing rights"]
Fundamentals
- Price$1.14 as of 2026-07-09 close
- Market cap$385M as of 2026-07-10
- 1-year return-25.0% as of 2026-07-09 close
- Net margin-5.0% as of 2026-07-10
- Gross margin+81.9% as of 2026-07-10
- ROE-32.3% as of 2026-07-10
- Debt / equity25.16 as of 2026-07-10
- Revenue growth (YoY)+7.3% as of 2026-07-10
- Beta3.11 as of 2026-07-10
Dividend: yield +18.9%; pays a dividend.
Key risks (from latest filing)
["Elevated mortgage interest rates and reduced refinance volumes due to geopolitical risks and inflation—the company noted 30-year fixed mortgage rates remained above 6% throughout 2025, constraining origination volumes and borrower qualification despite Federal Reserve rate reductions.","Structural market headwinds from \"lock-in effect\" of prior-year borrowers, resulting in limited home supply and reduced demand for refinancing, directly shrinking addressable mortgage origination volumes.","Current unprofitability with negative net margin (-4.96%) and material net losses ($37.5M in Q1 2026) despite 7.3% revenue growth, indicating operational efficiency challenges in a high-cost origination environment."]
Competitors & peers
- Rocket Companies (RKT)
- Better.com
- Guaranteed Rate
- UWM Holdings (UWMC)
- Guild Mortgage Company
- PennyMac Loan Services (PFSI)
- Flagstone Financial
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.