loanDepot stock fell 4.64 percent as strong sell view held

Published on 10/07/2026 at 02:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Five brokerages gave loanDepot a Strong Sell consensus on October 6, 2026, with a USD 1.92 average target. Second-quarter revenue reached USD 337 million.

LDI, US53946R1068, Illustration mit AI erstellt.

loanDepot stock (ISIN US53946R1068) fell 4.64 percent to USD 0.6058 on the NYSE on October 5, 2026, while the lender's latest results showed a sharp reduction in its quarterly loss. The market is weighing improving mortgage volumes against a bearish analyst consensus and substantial leverage.

Analysts keep a bearish view

According to MarketBeat on October 6, 2026, five brokerages held a Strong Sell consensus, with three sell ratings and two hold ratings. The average 12-month price target was USD 1.92, which lies 217.0 percent above the October 5 price of USD 0.6058.

The same MarketBeat report cited a debt-to-equity ratio of 10.60 and a market capitalization of USD 205.06 million. It also noted that Goldman Sachs set a USD 1.00 price target on August 10, 2026, while Zacks Research cut its rating to Strong Sell on August 27, 2026.

Q2 loss narrowed sharply

loanDepot's second-quarter 2026 results provide the central operating counterpoint. In its release dated August 4, 2026, loanDepot reported revenue of USD 337 million for the quarter ended June 30, 2026, up from USD 286 million in the first quarter. Net loss narrowed to USD 7 million from USD 55 million, while adjusted net loss improved to USD 29 million from USD 34 million.

Loan origination volume increased 4 percent sequentially to USD 7.99 billion, and the pull-through weighted gain-on-sale margin rose to 345 basis points from 271 basis points. The company attributed the improvement partly to its expansion into home equity lending, which increased unit volume 25 percent from the first quarter.

Guidance points to margin test

For the third quarter of 2026, management guided to origination volume of USD 6.25 billion-USD 8.25 billion and pull-through weighted lock volume of USD 5.25 billion-USD 7.25 billion. The projected gain-on-sale margin of 360-390 basis points is higher than the 345 basis points achieved in the second quarter, but the volume range also allows for a sequential decline.

Liquidity remains a key issue. Cash and cash equivalents stood at USD 229 million on June 30, 2026, down from USD 277 million on March 31, 2026, according to the second-quarter release. The company also reported USD 2.13 billion in debt obligations, making the planned servicing-rights monetization and capital-structure work important for the next phase.

loanDepot stock stays near its low

loanDepot stock was last at USD 0.6058 on the NYSE on October 5, 2026, with a market capitalization of USD 206.9 million as of October 6, 2026. The next earnings date listed for the company is November 3, 2026.