Several brokerages have updated their recommendations and price targets on shares of LendingTree (NASDAQ: TREE) in the last few weeks:

  • 11/2/2017 – LendingTree was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “strong-buy” rating. They now have a $308.00 price target on the stock. According to Zacks, “LendingTree is the nation’s leading online loan marketplace, empowering consumers as they comparison-shop across a full suite of loan and credit-based offerings. LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 55 million loan requests. LendingTree provides free monthly credit scores through My LendingTree and access to its network of over 350 lenders offering home loans, personal loans, credit cards, student loans, business loans, home equity loans/lines of credit, auto loans and more. LendingTree, LLC is a subsidiary of LendingTree, Inc. “
  • 10/27/2017 – LendingTree had its price target raised by analysts at Oppenheimer Holdings, Inc. from $245.00 to $290.00. They now have an “outperform” rating on the stock.
  • 10/27/2017 – LendingTree had its “outperform” rating reaffirmed by analysts at Citigroup Inc.. They now have a $290.00 price target on the stock.
  • 10/26/2017 – LendingTree had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $300.00 price target on the stock, up previously from $250.00.
  • 10/26/2017 – LendingTree was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “LendingTree is the nation’s leading online loan marketplace, empowering consumers as they comparison-shop across a full suite of loan and credit-based offerings. LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 55 million loan requests. LendingTree provides free monthly credit scores through My LendingTree and access to its network of over 350 lenders offering home loans, personal loans, credit cards, student loans, business loans, home equity loans/lines of credit, auto loans and more. LendingTree, LLC is a subsidiary of LendingTree, Inc. “
  • 10/26/2017 – LendingTree had its “buy” rating reaffirmed by analysts at Northland Securities. They now have a $280.00 price target on the stock.
  • 10/26/2017 – LendingTree had its price target raised by analysts at Stephens from $250.00 to $300.00. They now have an “overweight” rating on the stock.
  • 10/12/2017 – LendingTree was downgraded by analysts at BWS Financial from a “buy” rating to a “sell” rating. They now have a $194.00 price target on the stock.
  • 10/10/2017 – LendingTree had its price target raised by analysts at Bank of America Corporation from $250.00 to $285.00. They now have a “buy” rating on the stock.
  • 9/28/2017 – LendingTree was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “LendingTree is the nation’s leading online loan marketplace, empowering consumers as they comparison-shop across a full suite of loan and credit-based offerings. LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 55 million loan requests. LendingTree provides free monthly credit scores through My LendingTree and access to its network of over 350 lenders offering home loans, personal loans, credit cards, student loans, business loans, home equity loans/lines of credit, auto loans and more. LendingTree, LLC is a subsidiary of LendingTree, Inc. “

Shares of LendingTree, Inc. (NASDAQ TREE) traded down $0.50 during trading on Monday, reaching $257.75. The company had a trading volume of 94,600 shares, compared to its average volume of 189,644. LendingTree, Inc. has a 1-year low of $87.16 and a 1-year high of $280.80. The company has a market capitalization of $3,084.96, a P/E ratio of 78.34, a P/E/G ratio of 2.63 and a beta of 1.51. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.86 and a quick ratio of 3.86.

LendingTree (NASDAQ:TREE) last announced its quarterly earnings results on Thursday, October 26th. The financial services provider reported $1.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.20. LendingTree had a return on equity of 16.52% and a net margin of 5.49%. The business had revenue of $171.50 million during the quarter, compared to the consensus estimate of $157.97 million. During the same quarter in the prior year, the company posted $0.80 earnings per share. LendingTree’s revenue was up 81.3% compared to the same quarter last year. sell-side analysts anticipate that LendingTree, Inc. will post 3.06 EPS for the current fiscal year.

In other LendingTree news, CEO Douglas R. Lebda sold 4,000 shares of the company’s stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of $258.68, for a total value of $1,034,720.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas R. Lebda sold 16,000 shares of the company’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $275.00, for a total value of $4,400,000.00. Following the completion of the transaction, the chief executive officer now owns 453,418 shares of the company’s stock, valued at approximately $124,689,950. The disclosure for this sale can be found here. Insiders sold a total of 51,810 shares of company stock valued at $13,425,828 in the last 90 days. Corporate insiders own 21.90% of the company’s stock.

LendingTree, Inc (LendingTree) is engaged in operating an online loan marketplace for consumers seeking loans and other credit-based offerings. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings.

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