Mortgage lender loanDepot slides after Q4 loss widens

loanDepot

11/03/2025 20:38

** Shares of mortgage lender loanDepot LDI.N fall 8.7% to $1.47 in extended trade

** Irvine, California-based LDI posts Q4 adjusted loss of $47 million, compared with loss of $26.7 million a year earlier

** Analysts expected LDI to post a loss of $2.2 million - data compiled by LSEG

** LDI beat profit expectations in Q2 and Q3 2024

** One of five brokerages rate the stock "strong buy", two "hold" and two "sell"; median PT is $2.48

** LDI stock down 21% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))