LendingTree, Inc., through its subsidiary, LT Intermediate Company, LLC, 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, reverse mortgage, and home equity loans; lines of credit; and real estate brokerage services. The Consumer segment provides credit cards; personal, small business, student, and auto loans; deposit accounts; and other credit products, such as credit repair and debt settlement services. The Insurance segment includes information, tools, and access to insurance quote products, including home and automobile, through which consumers are matched with insurance lead aggregators to obtain insurance offers. LendingTree, Inc. also operates Student Loan Hero, a personal finance website dedicated to helping student loan borrowers manage their student debt; QuoteWizard.com, a marketplace for insurance comparison; ValuePenguin, a personal finance website that offers consumers objective analysis on various financial topics from insurance to credit cards; and Stash, a consumer investing and banking platform that offers a suite of personal investment accounts, traditional and Roth IRAs, custodial investment accounts, and banking services, including checking accounts and debit cards with a Stock-Back rewards program. The company was formerly known as Tree.com, Inc. and changed its name to LendingTree, Inc. in January 2015. LendingTree, Inc. was incorporated in 1996 and is headquartered in Charlotte, North Carolina.
IPO Year:
Exchange: NASDAQ
Website: lendingtree.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/28/2024 | $24.00 → $45.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 1/8/2024 | $25.00 → $45.00 | Outperform | Oppenheimer |
| 2/28/2023 | $46.00 → $36.00 | Positive → Neutral | Susquehanna |
| 6/3/2022 | Outperform | William Blair | |
| 5/6/2022 | $90.00 | Outperform → Market Perform | Northland Capital |
| 3/28/2022 | $190.00 | Outperform | Oppenheimer |
| 2/28/2022 | $200.00 → $190.00 | Outperform | Oppenheimer |
| 2/28/2022 | $175.00 → $145.00 | Buy | Needham |
| 2/14/2022 | $139.00 | Market Perform | Keefe, Bruyette & Woods |
| 10/29/2021 | $275.00 → $240.00 | Outperform | Oppenheimer |
Revenue Growth of 68% Powered by Strong Insurance Performance, Strengthening Consumer Segment Consolidated revenue of $260.8 millionGAAP net loss of $(58.0) million or $(4.34) per diluted share, including $(58.4) million of non-cash impairment of equity investmentsVariable marketing margin of $77.2 millionAdjusted EBITDA of $26.9 millionAdjusted net income per share of $0.80CHARLOTTE, N.C., Oct. 31, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended September 30, 2024.
CHARLOTTE, N.C., Oct. 14, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will release fiscal third quarter 2024 results after market close on Thursday, October 31, 2024. The company will also post a letter to shareholders on the Company's website at investors.lendingtree.com. The Company will hold a conference call at 4:30 p.m. ET to discuss the earnings release, which will be simultaneously webcast via the Company's website at investors.lendingtree.com. The
Insurance Segment Continues Strong Rebound Driving 15% Revenue Growth Consolidated revenue of $210.1 millionGAAP net income of $7.8 million or $0.58 per diluted shareVariable marketing margin of $70.9 millionAdjusted EBITDA of $23.5 millionAdjusted net income per share of $0.54CHARLOTTE, N.C., July 25, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended June 30, 2024. The company has posted a letter to shareholders on the company's website at
CHARLOTTE, N.C., July 15, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will release fiscal second quarter 2024 results after market close on Thursday, July 25, 2024. The company will also post a letter to shareholders on the Company's website at investors.lendingtree.com. The Company will hold a conference call at 5:00 p.m. ET to discuss the earnings release, which will be simultaneously webcast via the Company's website at investors.lendingtree.com. The we
Company to exceed Q2 revenue guidance and maintains Adjusted EBITDA outlook CHARLOTTE, N.C., June 18, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), is the parent of LendingTree, LLC and several companies owned by LendingTree, LLC (collectively, "LendingTree" or the "Company") and the operator of LendingTree.com, the nation's leading online financial services marketplace, announces the promotion of Jason Bengel to Chief Financial Officer following the departure of Trent Ziegler on August 9, 2024. Along with this change, LendingTree is also announcing several leadership changes to further propel the Company's strategic initiatives and growth trajectory.
Insurance Segment Strength and Operating Leverage Drive Strong Results at Top or Above of Forecasted Range Consolidated revenue of $167.8 millionGAAP net income of $1.0 million or $0.08 per diluted shareVariable marketing margin of $69.4 millionAdjusted EBITDA of $21.6 millionAdjusted net income per share of $0.70CHARLOTTE, N.C., April 30, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended March 31, 2024. The company has posted a letter to s
CHARLOTTE, N.C., April 16, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will release fiscal first quarter 2024 results on Tuesday, April 30, 2024, at 7:00 a.m. ET. The company will also post a letter to shareholders on the Company's website at investors.lendingtree.com. The Company will hold a conference call at 9:00 a.m. ET that same day, which will be simultaneously webcast via the Company's website at investors.lendingtree.com. The webcast replay will be
CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE) ("LendingTree" or the "Company"), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it has secured up to $175 million in financing in the form of a first lien term loan facility (the "facility") from funds managed by Apollo affiliates (the "Apollo Funds"). LendingTree intends to draw $125 million of the facility upon funding while the remainder will be available as a delayed draw during the following 12 months. The funds will be used for g
Proven Executive to Spearhead Global Operations and Drive Innovation in Fashion Technology Browzwear, the leading provider of digital product creation software solutions for the fashion industry, proudly announces the appointment of Greg Hanson as Chief Operating Officer (COO). With an exceptional track record in product management and driving high-growth strategies, Hanson's arrival marks a pivotal moment in Browzwear's journey to digitally transform the apparel production process. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240311579427/en/Browzwear, the leading provider of digital product creation software solutions for
Trough AEBITDA Levels Set to Inflect as Insurance Recovery Gathers Pace Consolidated revenue of $134.4 millionGAAP net income of $12.7 million or $0.98 per diluted shareVariable marketing margin of $60.6 millionAdjusted EBITDA of $15.5 millionAdjusted net income per share of $0.28CHARLOTTE, N.C., Feb. 27, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended December 31, 2023. The Company has posted a shareholder letter on its investor relations website at investors.lendingtree.com.
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LendingTree Inc (NASDAQ:TREE) shares are trading lower after the bell on Thursday following a report that hackers are now selling stolen consumer data from the company’s subsidiary QuoteWizard. What Happened: According to a Bloomberg report citing a person familiar with the matter, several listings are popping up on cybercriminal forums offering access to data from LendingTree subsidiary QuoteWizard. The news comes after the company reportedly detected unauthorized access on a cloud database hosted by Snowflake Inc (NYSE:SNOW) this week. "We take these matters seriously, and immediately after hearing from them we launched an internal investigation," said Megan Greuling, spokesperson
- Bloomberg
Stephens & Co. analyst John Campbell reiterates LendingTree (NASDAQ:TREE) with a Overweight and maintains $55 price target.
LendingTree (NASDAQ:TREE) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 2 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 2 2 0 0 0 3M Ago 0 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $56.4, a high estimate of $60.00, and a low estimate of $55.00. Marki
Needham analyst Mayank Tandon reiterates LendingTree (NASDAQ:TREE) with a Buy and maintains $56 price target.
The company reiterated its published second quarter variable marketing margin and adjusted EBITDA outlook of $70 - $76 million and $22 – $26 million, respectively.
Along with this change, LendingTree is also announcing several leadership changes to further propel the Company's strategic initiatives and growth trajectory.
- Bloomberg
10-Q - LendingTree, Inc. (0001434621) (Filer)
8-K - LendingTree, Inc. (0001434621) (Filer)
424B5 - LendingTree, Inc. (0001434621) (Filer)
8-K - LendingTree, Inc. (0001434621) (Filer)
8-K - LendingTree, Inc. (0001434621) (Filer)
EFFECT - LendingTree, Inc. (0001434621) (Filer)
S-3/A - LendingTree, Inc. (0001434621) (Filer)
8-K - LendingTree, Inc. (0001434621) (Filer)
8-K - LendingTree, Inc. (0001434621) (Filer)
10-Q - LendingTree, Inc. (0001434621) (Filer)
Keefe Bruyette upgraded LendingTree from Mkt Perform to Outperform and set a new price target of $45.00 from $24.00 previously
Oppenheimer reiterated coverage of LendingTree with a rating of Outperform and set a new price target of $45.00 from $25.00 previously
Susquehanna downgraded LendingTree from Positive to Neutral and set a new price target of $36.00 from $46.00 previously
William Blair resumed coverage of LendingTree with a rating of Outperform
Northland Capital downgraded LendingTree from Outperform to Market Perform and set a new price target of $90.00
Oppenheimer reiterated coverage of LendingTree with a rating of Outperform and set a new price target of $190.00
Oppenheimer reiterated coverage of LendingTree with a rating of Outperform and set a new price target of $190.00 from $200.00 previously
Needham reiterated coverage of LendingTree with a rating of Buy and set a new price target of $145.00 from $175.00 previously
Keefe, Bruyette & Woods initiated coverage of LendingTree with a rating of Market Perform and set a new price target of $139.00
Oppenheimer reiterated coverage of LendingTree with a rating of Outperform and set a new price target of $240.00 from $275.00 previously
4 - LendingTree, Inc. (0001434621) (Issuer)
4 - LendingTree, Inc. (0001434621) (Issuer)
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4 - LendingTree, Inc. (0001434621) (Issuer)
4 - LendingTree, Inc. (0001434621) (Issuer)
4 - LendingTree, Inc. (0001434621) (Issuer)
4 - LendingTree, Inc. (0001434621) (Issuer)
4 - LendingTree, Inc. (0001434621) (Issuer)
4 - LendingTree, Inc. (0001434621) (Issuer)
Revenue Growth of 68% Powered by Strong Insurance Performance, Strengthening Consumer Segment Consolidated revenue of $260.8 millionGAAP net loss of $(58.0) million or $(4.34) per diluted share, including $(58.4) million of non-cash impairment of equity investmentsVariable marketing margin of $77.2 millionAdjusted EBITDA of $26.9 millionAdjusted net income per share of $0.80CHARLOTTE, N.C., Oct. 31, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended September 30, 2024.
CHARLOTTE, N.C., Oct. 14, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will release fiscal third quarter 2024 results after market close on Thursday, October 31, 2024. The company will also post a letter to shareholders on the Company's website at investors.lendingtree.com. The Company will hold a conference call at 4:30 p.m. ET to discuss the earnings release, which will be simultaneously webcast via the Company's website at investors.lendingtree.com. The
Insurance Segment Continues Strong Rebound Driving 15% Revenue Growth Consolidated revenue of $210.1 millionGAAP net income of $7.8 million or $0.58 per diluted shareVariable marketing margin of $70.9 millionAdjusted EBITDA of $23.5 millionAdjusted net income per share of $0.54CHARLOTTE, N.C., July 25, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended June 30, 2024. The company has posted a letter to shareholders on the company's website at
CHARLOTTE, N.C., July 15, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will release fiscal second quarter 2024 results after market close on Thursday, July 25, 2024. The company will also post a letter to shareholders on the Company's website at investors.lendingtree.com. The Company will hold a conference call at 5:00 p.m. ET to discuss the earnings release, which will be simultaneously webcast via the Company's website at investors.lendingtree.com. The we
Insurance Segment Strength and Operating Leverage Drive Strong Results at Top or Above of Forecasted Range Consolidated revenue of $167.8 millionGAAP net income of $1.0 million or $0.08 per diluted shareVariable marketing margin of $69.4 millionAdjusted EBITDA of $21.6 millionAdjusted net income per share of $0.70CHARLOTTE, N.C., April 30, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended March 31, 2024. The company has posted a letter to s
CHARLOTTE, N.C., April 16, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will release fiscal first quarter 2024 results on Tuesday, April 30, 2024, at 7:00 a.m. ET. The company will also post a letter to shareholders on the Company's website at investors.lendingtree.com. The Company will hold a conference call at 9:00 a.m. ET that same day, which will be simultaneously webcast via the Company's website at investors.lendingtree.com. The webcast replay will be
Trough AEBITDA Levels Set to Inflect as Insurance Recovery Gathers Pace Consolidated revenue of $134.4 millionGAAP net income of $12.7 million or $0.98 per diluted shareVariable marketing margin of $60.6 millionAdjusted EBITDA of $15.5 millionAdjusted net income per share of $0.28CHARLOTTE, N.C., Feb. 27, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended December 31, 2023. The Company has posted a shareholder letter on its investor relations website at investors.lendingtree.com.
CHARLOTTE, N.C., Feb. 20, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will release fiscal fourth quarter 2023 results on Tuesday, February 27, 2024, at 7:00 a.m. ET. The company will also post a letter to shareholders on the Company's website at investors.lendingtree.com. The Company will hold a conference call at 9:00 a.m. ET that same day, which will be simultaneously webcast via the Company's website at investors.lendingtree.com. The webcast replay wil
Strong Segment Margins and Expense Discipline Drive Upside, Revenue Growth Remains Challenged Consolidated revenue of $182.5 millionGAAP net income of $(0.1) million or $(0.01) per diluted shareVariable marketing margin of $76.5 millionAdjusted EBITDA of $26.7 millionAdjusted net income per share of $1.14CHARLOTTE, N.C., July 27, 2023 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended June 30, 2023. The company has posted a letter to shareholders
CHARLOTTE, N.C., July 19, 2023 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will release fiscal second quarter 2023 results on Thursday, July 27, 2023, at 7:00 a.m. ET. The company will also post a letter to shareholders on the Company's website at investors.lendingtree.com. The Company will hold a conference call at 9:00 a.m. ET that same day, which will be simultaneously webcast via the Company's website at investors.lendingtree.com. The webcast replay will
Proven Executive to Spearhead Global Operations and Drive Innovation in Fashion Technology Browzwear, the leading provider of digital product creation software solutions for the fashion industry, proudly announces the appointment of Greg Hanson as Chief Operating Officer (COO). With an exceptional track record in product management and driving high-growth strategies, Hanson's arrival marks a pivotal moment in Browzwear's journey to digitally transform the apparel production process. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240311579427/en/Browzwear, the leading provider of digital product creation software solutions for
CHARLOTTE, N.C., June 21, 2023 /PRNewswire/ -- LendingTree, one of the nation's largest, most experienced online financial platforms, is excited to announce the appointment of Eoghan Nolan as SVP, Product Management. With extensive and diverse experience in digital product design, technology, and engineering, Eoghan has a proven track record of unlocking scale, driving delivery, and creating new product-driven business models. He has a passion for leveraging data and technology to create, accelerate and scale up business models – values that align perfectly with LendingTree's mission to simplify financial decisions for life's meaningful moments.
CHARLOTTE, N.C., April 28, 2022 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that its Board of Directors ("the Board") has approved the appointment of Mark Ernst and Diego Rodriguez as independent directors effective April 27, 2022. Additionally, Jennifer Witz has resigned as a member of the Board, also effective April 27, 2022. Mark Ernst currently serves as the Managing Partner at Bellevue Capital LLC, a private investment firm. In addition to Ernst's extensive govern
CHARLOTTE, N.C., Jan. 19, 2022 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, ushers in a new generation of leaders to its executive team with the hire of Shiv Singh as its Chief Marketing & Customer Experience Officer in addition to the promotion of several team members. Shiv Singh joins LendingTree from The Expedia Group, where he served as Senior Vice President and General Manager for the world-class travel brand, charged with driving brand loyalty and long-term customer value amid t
CHARLOTTE, N.C., Jan. 14, 2021 /PRNewswire/ -- LendingTree®, Inc., the nation's leading financial services marketplace, has announced the appointment of two seasoned executives to further bolster its leadership team. Scott Totman has been named the company's Chief Technology Officer and Lisa Young joins the company as General Counsel. Both executives have extensive experience in the financial services and fintech industries. Scott Totman joins LendingTree from OnDeck, a small business lender on the LendingTree Network, where he served as Chief Product and Technology Officer. Priot to Ondeck, Totman served as the Head of Product and Engineering at cloud security startup Divvycloud. Befor