Reading LDI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track LDI free→Reading LDI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track LDI free→NYSEFinancialsMortgage FinanceSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak. Earnings quality cannot be assessed since the company was unprofitable over the past year. Management's recent track record has been unsteady, with frequent changes. Risk is high, and the sector backdrop is a headwind. Compared with sector peers, LDI trades below typical levels. Peer multiples imply a price about 78% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk. This pattern occurs because it trades below peer multiples, but recent financials are weak. The read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 2 valuation methods, at three horizons. Current price $1.24. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $1.22 LDI trades at 0× p/s, below its 3× p/s peer median. Our $5.75 fair value sits above the price; low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 79% below a flat-multiple fair value, below our forecast of about 6%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 56% of the time over the next year (vs 59% for the rest of the cohort, n=3730).
Over the trailing year it converted 5.69x of net income into operating cash flow.
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, the broad stock market, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.09 → $0.03 (-66.7% / 30d). 0 raised, 0 cut, 2 covering analysts.
0 upgrades, 0 downgrades / 30d. 0% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$284.
How much price usually moves either way.
On a bad day, this stock has moved -$763.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $7,588.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: If revenue growth falls below median, it signals a slowdown in the financial sector. This could impact loanDepot's performance.
Confirms:Sector revenue growth drops below its median of 15%.
Disproves:Sector revenue growth remains above its median.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for LDI yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Entry Into a Material Definitive Agreement. On May 15, 2026, loanDepot, Inc. (the “Company”) entered into an At-the-market Sales Agreement (the “Agreement”) with BTIG, LLC (the “Sales Agent”). Pursuant to the terms of the Agreement, the Company may sell from time to time through the Sales Agent, shares of the Company’s Class A common stock, par value $0.001 per share, having an aggregate offering price of up to $100,000,000 (the “Shares”). The Company intends to use the net proceeds from the…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2023-Q3, 2024-Q1, 2024-Q2, 2024-Q3
A side-by-side read on sector standing, valuation, and risk versus Commercial & Residential Mortgage Finance.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
LDI loanDepot, Inc. | Below typical Show detailsSector percentile: 4 of 100 | inexpensive | high |
RKT ROCKET COMPANIES INC | Below typical Show detailsSector percentile: 12 of 100 | expensive | elevated |
ACT Enact Holdings, Inc. | Above typical Show detailsSector percentile: 74 of 100 | fair | moderate |
ESNT Essent Group Ltd. | Above typical Show detailsSector percentile: 76 of 100 | inexpensive | moderate |
PFSI PennyMac Financial Services, Inc. | Typical Show detailsSector percentile: 53 of 100 | inexpensive | elevated |
16 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated volatile grew net income 54% of the time over the next year (vs 57% for the rest of the cohort, n=3774).
Not investment advice. As of 2026-06-16.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Focus on enhancing the pull-through weighted gain on sale margin to between 330 and 360 basis points.
Set a target for origination volume between $6.75 billion and $7.75 billion.
Why it matters: The earnings report will show if loanDepot can improve its loss-making status. This is key for investor confidence.
Confirms one read:The earnings report shows smaller losses or a return to making money.
Confirms the other:Earnings report shows continued losses or a larger loss than expected.
Why it matters: The FOMC's choice can change interest rates. This affects mortgage demand and loanDepot's work.
Confirms one read:The FOMC raises interest rates. This causes fewer mortgage applications.
Confirms the other:FOMC keeps rates steady or lowers them, boosting mortgage demand.
Results of Operations and Financial Condition. On May 5, 2026, loanDepot, Inc. (the "Company") issued a press release announcing its results for the quarter ended March 31, 2026 (the “Earnings Press Release”). The full press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Entry into a Material Definitive Agreement. On April 27, 2026, Mello Warehouse Securitization Trust 2026-1 (the “Trust”) and loanDepot.com, LLC (“loanDepot"), both indirect subsidiaries of loanDepot, Inc. (the “Company”) entered into an Indenture with U.S. Bank Trust Company, National Association, as indenture trustee and note calculation agent, and U.S. Bank National Association, as standby servicer and initial securities intermediary (the “Indenture”). Pursuant to the Indenture, the Trust i…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. All information set forth in
Termination of a Material Definitive Agreement. On April 27, 2026, in connection with the anticipated consummation of the Mello Warehouse Securitization Trust 2026-1 transaction, loanDepot exercised its right to prepay in full its 2024-1 Securitization Facility (as defined below) and terminated (a) its Master Repurchase Agreement, dated as of September 27, 2024 (the “2024-1 MRA”), between Mello Warehouse Securitization Trust 2024-1 (“MWST 2024-1”), as buyer, and loanDepot, as seller; (b) its…