LendingTree(TREE)

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Tree.com (TREE) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2025-04-01 15:00
Hammer candles can occur on any timeframe -- such as one-minute, daily, weekly -- and are utilized by both short-term as well as long-term investors. Like every technical indicator, the hammer chart pattern has its limitations. Particularly, as the strength of a hammer depends on its placement on the chart, it should always be used in conjunction with other bullish indicators. Shares of Tree.com (TREE) have been struggling lately and have lost 9.6% over the past week. However, a hammer chart pattern was for ...
Tree.com (TREE) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2025-04-01 13:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...
Wall Street Analysts See a 28.38% Upside in Tree.com (TREE): Can the Stock Really Move This High?
ZACKS· 2025-03-31 14:55
Shares of Tree.com (TREE) have gained 27.3% over the past four weeks to close the last trading session at $51.41, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $66 indicates a potential upside of 28.4%. The average comprises eight short-term price targets ranging from a low of $58 to a high of $72, with a standard deviation of $4.87. While the lowest estimate indicates an incr ...
Bull of the Day: LendingTree (TREE)
ZACKS· 2025-03-20 12:00
Three out of four days for the market have been positive. It’s helped talk investors off the ledge. That mean streak following all the tariff announcements was nothing short of brutal. With a ton of the high-beta names recovering, investors are looking for names to throw money at.Be careful out there. Don’t just fire off at anything that moves. Rather, look for stocks with strong earnings trends which stand the test of time. That way, when things get rocky again, which we all know they will eventually, you’ ...
Earnings Estimates Rising for Tree.com (TREE): Will It Gain?
ZACKS· 2025-03-18 17:21
Investors might want to bet on Tree.com (TREE) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this mortgage lending service provider is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ...
Tree.com (TREE) Surges 5.8%: Is This an Indication of Further Gains?
ZACKS· 2025-03-17 13:30
Tree.com (TREE) shares soared 5.8% in the last trading session to close at $49.26. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.8% gain over the past four weeks.LendingTree stock is witnessing a strong price increase driven by its strong fourth-quarter 2024 results and upbeat 2025 outlook. For 2025, the company forecasts revenue growth of 9-14% on a year over year basis to $985M-$1.025B, with double-digit gains in the Home a ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover Tree.com (TREE)
ZACKS· 2025-03-13 13:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...
All You Need to Know About Tree.com (TREE) Rating Upgrade to Strong Buy
ZACKS· 2025-03-11 17:00
Tree.com (TREE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ofte ...
LendingTree(TREE) - 2024 Q4 - Annual Report
2025-03-07 01:47
User Growth - In 2024, LendingTree added 3.1 million new users, bringing cumulative active users to 31.3 million as of December 31, 2024[253]. Revenue Performance - Revenue attributed to registered Spring users who initiated transactions from the Spring platform was approximately $23.1 million, representing 3% of total revenue for the year ended December 31, 2024[253]. - Revenue increased by $227.7 million, or 34%, to $900.2 million in 2024 compared to 2023, driven primarily by a 120% increase in the Insurance segment[271]. - Total revenue increased by 34% to $900.2 million in 2024 compared to 2023, with segment profit rising by 7% to $309.6 million[307]. - Insurance segment revenue rose by $299.1 million, or 120%, to $548.7 million in 2024, attributed to a 63% increase in revenue per consumer and a 35% increase in volume[273]. - Consumer segment revenue decreased by $56.5 million, or 20%, to $222.5 million in 2024, mainly due to declines in credit cards and other credit products[274]. - Home segment revenue fell by $14.9 million, or 10%, to $128.9 million in 2024, primarily due to a 29% decrease in mortgage product revenue[277]. - Revenue from the home equity loan product increased by 3% to $87.5 million in 2024, with a 23% increase in the volume of consumers completing request forms[309]. - Revenue for the year ended December 31, 2024, was $900.2 million, representing a 33.9% increase from $672.5 million in 2023[392]. Cost and Expenses - Total costs and expenses increased by $142.5 million, or 20%, to $855.6 million in 2024, with selling and marketing expenses rising by $202.4 million, or 47%[271]. - Cost of revenue as a percentage of revenue decreased to 4% in 2024 from 6% in 2023, reflecting a decrease in compensation and benefits[282]. - General and administrative expenses decreased to 12% of revenue in 2024 from 18% in 2023, primarily due to reduced compensation and benefits[292]. - Selling and marketing expenses rose to $636.0 million in 2024, up 47% from $433.6 million in 2023[392]. Profitability and Loss - Operating income improved by $85.2 million, or 210%, resulting in an operating income of $44.6 million in 2024 compared to a loss of $40.6 million in 2023[271]. - Net loss decreased by $80.7 million, or 66%, to $41.7 million in 2024 from a loss of $122.4 million in 2023[271]. - The net loss for the year ended December 31, 2024, was $41.7 million, compared to a net loss of $122.4 million in 2023, indicating a reduction in losses[326]. - Net loss for the year ended December 31, 2024, was $41,704,000, a significant improvement from a loss of $122,404,000 in 2023 and $187,952,000 in 2022, indicating a reduction in losses by approximately 66% year-over-year[398]. Workforce and Restructuring - The company incurred approximately $5.3 million in severance charges due to a workforce reduction plan that eliminated about 13% of its workforce[260]. - The company closed the Ovation credit services business, resulting in a workforce reduction of approximately 197 employees, or 18%, and incurred $2.1 million in restructuring expenses[298]. - The Reduction Plan led to the elimination of approximately 162 employees, or 13%, with severance charges of approximately $5.3 million, including $4.3 million in cash expenditures[299]. Impairment and Valuation - The closure of the Ovation credit services business resulted in an asset impairment charge of $4.2 million in 2023[262]. - An interim quantitative goodwill impairment test performed on September 30, 2023, resulted in a goodwill impairment charge of $38.6 million for the Insurance reporting unit[359]. - The carrying value of the Insurance reporting unit exceeded its fair value, while the Home and Consumer reporting units showed no impairment[359]. - The company maintained a valuation allowance of $167.5 million against net deferred tax assets as of December 31, 2024[354]. - Impairment charges on equity securities amounted to $58.4 million in 2024 and $114.5 million in 2023[365]. - The carrying value of equity investments at December 31, 2024, is $1.7 million[365]. Cash Flow and Financing - Cash and cash equivalents as of December 31, 2024, were $106.6 million, down from $112.1 million as of December 31, 2023[328]. - Net cash provided by operating activities in 2024 was $62.3 million, compared to $67.6 million in 2023, showing a slight decrease[341]. - Total net cash used in financing activities in 2024 was $56.5 million, significantly lower than $242.0 million in 2023, indicating improved cash management[345]. - The company has $115.3 million outstanding on the 2025 Notes as of December 31, 2024, with plans to use cash on hand and available borrowings for repayment[332]. - The company entered into an Equity Distribution Agreement in July 2024 to sell up to $50.0 million of common stock, although no sales were made during 2024[333]. - Proceeds from term loans in 2024 amounted to $125,000,000, compared to no proceeds in 2023, indicating a new financing strategy[398]. Market and Economic Conditions - The average mortgage rate in 2024 was 6.7%, compared to 6.8% in 2023, and more than double the low rates seen in 2021[236]. - Total refinance origination dollars decreased to 15% of total mortgage origination dollars in 2023 from 30% in 2022, while increasing to 28% in 2024[247]. - Existing home sales decreased by 19% in 2023 compared to 2022, with a further decrease of 1% in 2024[250]. - Advertising budgets from carrier partners began to increase in the last months of 2023, indicating a potential recovery in the Insurance segment[235]. Tax and Regulatory - The effective tax rate for 2024 was (11.6)%, compared to 2.0% in 2023, primarily due to changes in the valuation allowance[305]. - The company incurred income tax expense of $139.4 million related to the valuation allowance during 2022[354]. Investment Performance - The company reported a loss on investments of $58,376,000 in 2024, down from $114,504,000 in 2023, reflecting improved investment performance[398]. - Interest expense of $11.5 million was incurred after drawing $125.0 million on a first lien term loan facility in March 2024[300]. - Interest paid increased to $38,203,000 in 2024 from $23,685,000 in 2023, suggesting higher borrowing costs[398]. Segment Information - The company has three reportable segments: Home, Consumer, and Insurance, which are regularly reviewed for performance assessment[420]. - The company discontinued its credit services product in Q2 2023, impacting revenue streams from upfront fees and subscription fees[407].
LendingTree Surges On Strong Q4 Results, Analysts Sees 'Long-Awaited Return Of Growth' In 2025
Benzinga· 2025-03-06 17:58
LendingTree, Inc. TREE shares are trading higher on Thursday after the company reported better-than-expected fourth-quarter financial results after-hours yesterday.The company reported earnings of $1.16 per share, which beat the analyst consensus estimate of losses of five cents, and revenue came in at $261.5 million, which beat the analyst consensus estimate of $236.84 million.LendingTree sees first-quarter revenue in a range of $241 million to $248 million, versus the $243.27 million analyst estimate. The ...