LendingTree, Inc. (NASDAQ:TREE) Receives $65.38 Average Target Price from Brokerages

LendingTree, Inc. (NASDAQ:TREE) has received an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, six have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $74.2857.

Several brokerages have recently issued reports on TREE. Zacks Research lowered shares of LendingTree from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Oppenheimer set a $85.00 price objective on LendingTree and gave the company an “outperform” rating in a report on Friday. JPMorgan Chase & Co. boosted their target price on LendingTree from $66.00 to $83.00 and gave the company an “overweight” rating in a research note on Friday. Wall Street Zen raised LendingTree from a “buy” rating to a “strong-buy” rating in a research report on Sunday. Finally, Needham & Company LLC lifted their price objective on LendingTree from $70.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, October 30th.

LendingTree Trading Up 2.7%

Shares of LendingTree stock opened at $65.74 on Thursday. The firm has a market cap of $895.38 million, a PE ratio of -16.19 and a beta of 1.71. LendingTree has a 1 year low of $33.50 and a 1 year high of $77.35. The company has a debt-to-equity ratio of 3.26, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a fifty day moving average price of $65.81 and a 200-day moving average price of $51.23.

LendingTree (NASDAQ:TREE) last posted its quarterly earnings results on Thursday, October 30th. The financial services provider reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.47. The company had revenue of $307.80 million during the quarter, compared to analyst estimates of $278.36 million. LendingTree had a negative net margin of 5.33% and a positive return on equity of 25.79%. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.80 earnings per share. LendingTree has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts anticipate that LendingTree will post 0.48 EPS for the current year.

Insider Activity

In related news, Director Diego A. Rodriguez sold 1,200 shares of LendingTree stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $69.78, for a total value of $83,736.00. Following the completion of the transaction, the director directly owned 8,113 shares in the company, valued at approximately $566,125.14. The trade was a 12.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Heather Enlow-Novitsky sold 1,000 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $69.14, for a total value of $69,140.00. Following the sale, the general counsel owned 1,028 shares in the company, valued at approximately $71,075.92. This represents a 49.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,669 shares of company stock valued at $598,331 over the last quarter. Company insiders own 23.10% of the company’s stock.

Institutional Trading of LendingTree

A number of hedge funds and other institutional investors have recently made changes to their positions in TREE. AlphaQuest LLC boosted its stake in LendingTree by 11.4% in the 2nd quarter. AlphaQuest LLC now owns 2,212 shares of the financial services provider’s stock worth $82,000 after purchasing an additional 227 shares during the period. Ameritas Investment Partners Inc. increased its position in shares of LendingTree by 25.2% during the second quarter. Ameritas Investment Partners Inc. now owns 1,141 shares of the financial services provider’s stock valued at $42,000 after buying an additional 230 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of LendingTree by 1.3% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,899 shares of the financial services provider’s stock worth $886,000 after buying an additional 301 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of LendingTree by 272.6% in the third quarter. Farther Finance Advisors LLC now owns 462 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 338 shares during the period. Finally, New York State Common Retirement Fund boosted its position in shares of LendingTree by 10.5% in the third quarter. New York State Common Retirement Fund now owns 4,590 shares of the financial services provider’s stock valued at $297,000 after acquiring an additional 436 shares during the period. 68.26% of the stock is currently owned by institutional investors.

LendingTree Company Profile

LendingTree, Inc, through its subsidiary, 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, and home equity loans and lines of credit; and real estate brokerage services.