LendingTree (NASDAQ:TREE) Posts Earnings Results, Hits Expectations

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

LendingTree Trading Up 4.0 %

Shares of LendingTree stock traded up $1.55 during trading hours on Wednesday, hitting $40.27. The company’s stock had a trading volume of 387,410 shares, compared to its average volume of 225,010. The company has a market capitalization of $538.09 million, a PE ratio of -14.91 and a beta of 2.07. The company has a debt-to-equity ratio of 3.67, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a 50 day moving average of $41.98 and a 200 day moving average of $47.83. LendingTree has a 12 month low of $33.58 and a 12 month high of $62.49.

Insider Activity

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

Wall Street Analysts Forecast Growth

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

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.