21-Feb-2025
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LendingTree Inc is a United States-based company that is principally engaged in operating an online loan marketplace. The company provides online tools and resources that can help consumers find loans or other credit-based offerings They need, including mortgage loans, reverse mortgage, home equity, personal loans, auto loans, credit cards, student loans, small business loans, and other related offerings. The company offers consumers direct access to a broad range of lenders. They have three reportable segments which are Home, Consumer, and Insurance. The company generates match fees by matching consumers with lenders, and closing fees from lenders on loans when a transaction is closed. The company operates business solely in the United States.
Lendingtree trades on the NASDAQ stock market under the symbol TREE.
As of February 21, 2025, TREE stock price declined to $41.27 with 175,837 million shares trading.
TREE has a market cap of $551.38 million. This is considered a Small Cap stock.
Last quarter Lendingtree reported $261 million in Revenue and $.80 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.14.
In the last 3 years, TREE traded as high as $129.30 and as low as $10.12.
The top ETF exchange traded funds that TREE belongs to (by Net Assets): VTI, IWM, VXF, FESM, IWO.
TREE has underperformed the market in the last year with a price return of +17.8% while the SPY ETF gained +22.1%. TREE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.5% and -9.7%, respectively, while the SPY returned +1.4% and -0.1%, respectively.
TREE support price is $41.63 and resistance is $44.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TREE shares will trade within this expected range on the day.