LendingTree (NASDAQ:TREE) Announces Quarterly Earnings Results

LendingTree (NASDAQ:TREE) issued its quarterly earnings data on Wednesday. The financial services provider reported $0.68 EPS for the quarter, hitting the consensus estimate of $0.68, Zacks reports. LendingTree had a negative net margin of 4.72% and a positive return on equity of 0.51%. LendingTree updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

LendingTree Stock Up 4.0 %

NASDAQ TREE traded up $1.55 during mid-day trading on Wednesday, reaching $40.27. The stock had a trading volume of 391,633 shares, compared to its average volume of 225,021. LendingTree has a 1 year low of $33.58 and a 1 year high of $62.49. The stock has a market cap of $538.09 million, a PE ratio of -14.91 and a beta of 2.07. The company has a fifty day moving average price of $41.98 and a 200 day moving average price of $47.83. The company has a debt-to-equity ratio of 3.67, a current ratio of 0.92 and a quick ratio of 0.92.

Wall Street Analyst Weigh In

Several brokerages have commented on TREE. Northland Capmk upgraded shares of LendingTree from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 21st. Northland Securities upgraded shares of LendingTree from a “market perform” rating to an “outperform” rating and set a $60.00 target price for the company in a report on Tuesday, January 21st. Finally, StockNews.com upgraded shares of LendingTree from a “hold” rating to a “buy” rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, LendingTree currently has a consensus rating of “Buy” and a consensus price target of $67.71.

Insider Buying and Selling

In related news, CTO Scott V. Totman bought 3,750 shares of the business’s stock in a transaction on Friday, December 6th. The stock was acquired at an average price of $38.59 per share, with a total value of $144,712.50. Following the transaction, the chief technology officer now owns 18,192 shares in the company, valued at approximately $702,029.28. This trade represents a 25.97 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Douglas R. Lebda bought 13,000 shares of the business’s stock in a transaction on Friday, December 6th. The stock was bought at an average cost of $39.72 per share, with a total value of $516,360.00. Following the transaction, the chief executive officer now owns 121,599 shares in the company, valued at $4,829,912.28. This trade represents a 11.97 % increase in their position. The disclosure for this purchase can be found here. 23.40% of the stock is owned by company insiders.

LendingTree Company Profile

LendingTree, Inc, through its subsidiary, operates online consumer platform in the United States. It operates through three segments: Home, Consumer, and Insurance. The Home segment offers purchase mortgage, refinance mortgage, and home equity loans and lines of credit; and real estate brokerage services.