loanDepot, Inc. (LDI) Dividends
LDI Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $2.42 | $24.32 | 461.62% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of LDI, the DDM model generated by StockNews estimates a return of positive 461.62% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for loanDepot Inc are:
- The amount of revenue loanDepot Inc earns annually is around 4 billion; in terms of how this translates into revenue, it has a dividend yield higher than 93.68% of companies in the mid revenue class.
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, loanDepot Inc's expected return of 461.62% is higher than 89.3% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, loanDepot Inc bears a discount rate, according to our calculations, lower than 89.3% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Based on dividend growth rate, LDI boasts a higher growth rate in terms of its annual cash distributed to its owners than merely 100% of the dividend issuers in our set.
LDI Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-01-12 | Dividend | $1.20 | +1,400.00% |
| 2022-04-01 | Dividend | $0.08 | -- |
| 2021-12-31 | Dividend | $0.08 | -- |
| 2021-10-01 | Dividend | $0.08 | -- |
| 2021-06-30 | Dividend | $0.08 | -- |
LDI Dividends vs. Peers
LDI's dividend yield currently ranks #43 of 66 vs. its peers in the Consumer Financial Services category.