MARKET COMPOSITE
TREE - LendingTree Inc.8:00:00 PM 4/17/2024
Price
$34.47
-0.38 (-1.09%)
LendingTree is the largest online lending marketplace in the United States. It connects borrowers with multiple lenders so they can find the best deals on loans, credit cards, deposit accounts, insurance and more. LendingTree allows borrowers to shop and compare competitive rates and terms across an array of financial products. Founded in 1996 and launched nationally two years later, the company is headquartered in Charlotte, North Carolina with offices in the San Francisco Bay Area, New York City, Chicago, Seattle and others. LendingTree also provides financing tools, comparative loan searches and borrowing information.
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Stock news

    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.

    Sky-high mortgage rates have led to housing prices that only seem to go up. And the higher they go, the more disappointed prospective homeowners feel. As little as 19% of those who participated in a recent Fannie Mae survey consider the present market situation to be favorable for buying a house. House prices rose on average around 6% in January, with more increases expected in the months to come. From the National Association of Realtors, Lawrence Yun suggests buyers will have it hard in 2024 b

    LendingTree's (TREE) reduced dependence on mortgage-related revenue sources, home segment revenue growth and inorganic growth efforts are likely to support financials.

    The Federal Reserve has signaled that it could implement up to three rate cuts this year, and the first one may come sooner than you think – possibly before the election in an attempt to give the economy a boost. In fact, if the government decides it needs to cut rates aggressively, we could even see all three cuts happen before the election. Historically, we’ve seen interest rates drop much faster than they rise, often due to unexpected “black swan” events that send markets downward. Regardless

    Tree.com (TREE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

    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").

    Does Tree.com (TREE) have what it takes to be a top stock pick for momentum investors? Let's find out.

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    A flexible business model and focus on non-mortgage product offerings aid LendingTree (TREE). Yet, high costs and falling insurance segment's revenues are expected to hurt its financials.

    Tree.com (TREE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.