loanDepot
Originates, sells, and services residential mortgages through a digital-first U.S. platform.
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Profile
Originates purchase, refinance, and home-equity loans, then sells and services residential mortgages while earning origination, sale, servicing, interest, and ancillary-service income. The platform is concentrated in U.S. housing finance and links borrowers to title, escrow, settlement, real-estate, insurance, and mello technology services.
Originates, finances, sells, and services residential mortgage loans through a technology-enabled nonbank platform. Customer-facing lines include home purchase, refinance, home-equity loans, home search, and personal loans, with title, escrow, settlement, real-estate, insurance, and mello services around the mortgage transaction.
Concentrated in the U.S. homeownership market, the model combines retail origination with servicing relationships that can feed refinance and retention activity. The mello platform supports digital borrowing workflows and adjacent services rather than operating as a separate reportable segment.
Results depend on mortgage demand, interest-rate movements, sale margins, servicing-right fair values, warehouse funding, and compliance with federal, state, agency, and cybersecurity obligations. The disclosed cyber incident remains part of the operating and litigation context.
Company facts
Categories
Key statistics
Year to date −54.0% · Average volume (30d) 2.8M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 10, 2026 | Goldman Sachs | Target | $1.25 | $1 | |
| Jul 15, 2026 | Goldman Sachs | Reiterate | Sell | $2.40 | $1.25 |
| Jan 6, 2026 | Goldman Sachs | Target | $3 | $2.40 | |
| Dec 1, 2025 | Morgan Stanley | Target | $1.75 | ||
| Oct 29, 2025 | Goldman Sachs | Reiterate | Sell | $3 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q2 FY26 | $0.00 | −$0.09 | — | $339.5M | $337.3M | −0.6% | −0.95% |
| May 5, 2026Q1 FY26 | −$0.06 | −$0.15 | −150.0% | $306.7M | $286.4M | −6.6% | −6.04% |
| Mar 10, 2026Q4 FY25 | −$0.04 | −$0.10 | −150.0% | $335.4M | $310.3M | −7.5% | −6.91% |
| Nov 6, 2025Q3 FY25 | −$0.04 | −$0.01 | +75.0% | $363.2M | $340.7M | −6.2% | +3.77% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $283.7M | $305.0M | $340.7M | $409.7M | $387.4M | $324.1M | |
| Gross profit | $208.4M | $218.1M | $257.1M | $366.8M | $338.2M | $360.7M | |
| Operating income | −$46.1M | −$32.3M | −$10.3M | $52.4M | $24.6M | $72.7M | |
| Net income | −$21.9M | −$13.4M | −$4.9M | −$22.5M | −$37.5M | −$4.5M | |
| Diluted EPS | −$0.11 | −$0.06 | −$0.02 | −$0.10 | −$0.16 | −$0.02 | |
| Gross margin | 73.5% | 71.5% | 75.4% | 89.5% | 87.3% | 111.3% | |
| Operating margin | -16.3% | -10.6% | -3.0% | 12.8% | 6.4% | 22.4% |
Fiscal years (4-quarter sums)FY21 $3.76B · FY22 $1.41B · FY23 $977.2M · FY24 $1.11B · FY25 $1.34B
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $229.1M · Total debt $4.61B · Total assets $6.70B · Shareholders' equity $201.0M
Dividends
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Apr 1, 2022 | Apr 4 | Apr 18 | $0.08 | |
| Dec 31, 2021 | Jan 3 | Jan 18 | $0.08 | |
| Oct 1, 2021 | Oct 4 | Oct 18 | $0.08 |
Ownership
Shares outstanding 335.03M · Float —
Float — provider float is below the insider stake.
A Form 4 total here can count shares the filer formally disclaims — an award voted by proxy, for instance — which the holder's own Schedule 13D/G excludes, so where the two disagree the schedule's smaller figure is used.
The provider's float is smaller than the insider stake it should exclude, so it is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| PCP Managers GP, LLC · director, 10 percent owner: | 103.51M | 30.90% | Form 4 | Jun 8, 2026 |
| BlackRock, Inc. | 10.85M | 3.24% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 6.05M | 1.81% | 13F | Aug 13, 2026 |
| Anthony Li Hsieh · director, 10 percent owner, officer: Executive Chair, CEO & Pres. | 4.13M | 1.23% | Form 4 | Aug 27, 2026 |
| Jeff Alexander Walsh · officer: President, LDI Mortgage | 3.93M | 1.17% | Form 4 | Sep 8, 2025 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 27, 2026 | Anthony Li Hsieh | director, 10 percent owner, officer: Executive Chair, CEO & Pres. | +38,612 | $0.9390 |
| Aug 26, 2026 | Anthony Li Hsieh | director, 10 percent owner, officer: Executive Chair, CEO & Pres. | +284,349 | $0.8898 |
| Aug 25, 2026 | Anthony Li Hsieh | director, 10 percent owner, officer: Executive Chair, CEO & Pres. | +364,367 | $0.9196 |
| Aug 24, 2026 | Anthony Li Hsieh | director, 10 percent owner, officer: Executive Chair, CEO & Pres. | +107,099 | $0.8944 |
| Jan 15, 2026 | Anthony Li Hsieh | director, 10 percent owner, officer: Executive Chair, CEO & Pres. | −884,495 | $2.70 |
Peers
- Rocket Companies
Large mortgage, servicing, real estate, title, and loan-platform rival
- PennyMac Financial Services
Mortgage production and servicing peer with consumer-direct overlap
- UWM
Wholesale mortgage lender competing for purchase and refinance volume
- Rithm Capital
Newrez-backed origination and servicing platform under a public parent
- Onity Group
Servicing-led nonbank with PHH forward origination overlap
- Better Home & Finance
AI-native digital mortgage and home-equity platform
- SoFi
Fintech lender overlapping in home, home-equity, and personal loans
- First American Financial
Title, escrow, settlement, and mortgage-services overlap
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| loanDepot | $0.9698 | +0.95% | $321.8M | — | 52.4 | 0.2 | +19.4% |
| Rocket Companies | $13.80 | +0.22% | $38.89B | 94.3 | 19.0 | 4.0 | +113.7% |
| PennyMac Financial Services | $73.05 | −0.43% | $3.81B | 10.1 | 8.7 | 0.8 | −52.2% |
| UWM | $1.48 | −0.67% | $2.26B | — | 5.3 | 0.7 | −79.3% |
| Rithm Capital | $10.09 | +0.05% | $5.63B | 16.8 | 4.5 | 1.0 | +205.4% |
| Onity Group | $35.42 | +0.25% | $298.7M | 2.3 | 7.4 | 0.2 | +1.5% |
| Better Home & Finance | $13.85 | +0.11% | $217.0M | — | — | 1.0 | +23.9% |
| SoFi | $18.08 | +0.22% | $23.17B | 37.6 | 24.5 | 4.1 | +41.0% |
| First American Financial | $74.47 | −0.03% | $7.60B | 10.3 | 10.6 | 1.8 | +15.0% |
| Median | 13.6 | 8.7 | 1.0 | +19.5% |