Shares of LendingTree, Inc. (NASDAQ:TREE – Get Free Report) passed above its 200-day moving average during trading on Wednesday following a better than expected earnings announcement. The stock has a 200-day moving average of $37.84 and traded as high as $39.60. LendingTree shares last traded at $38.35, with a volume of 1,569,701 shares changing hands.
The financial services provider reported ($5.15) earnings per share for the quarter, missing analysts’ consensus estimates of $1.26 by ($6.41). The company had revenue of $343.59 million for the quarter, compared to analysts’ expectations of $329.72 million. LendingTree had a net margin of 7.60% and a return on equity of 15.26%. LendingTree’s quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.70 earnings per share.
More LendingTree News
Here are the key news stories impacting LendingTree this week:
- Positive Sentiment: Third-quarter revenue increased 12% year over year to $343.6 million, beating estimates, with growth across all three business segments. Adjusted EPS was reported at $2.20, above the $1.29 consensus estimate. LendingTree Q3 results
- Positive Sentiment: Management plans to resume share repurchases in Q4 2026, citing improved cash flow and lower leverage. The company also sees approximately 14% adjusted EBITDA growth at the midpoint of its 2026 guidance, supporting the case for stronger cash generation. Buyback plans and outlook
- Neutral Sentiment: Truist and JPMorgan lowered their price targets to $65 and $40, respectively, but maintained Buy and Overweight ratings. The revisions temper some optimism, while the continued positive ratings signal both firms still see potential upside. JPMorgan rating update
- Negative Sentiment: LendingTree posted a GAAP loss of $72.4 million, or $5.15 per share, due to a $98.8 million noncash goodwill impairment. The company’s fourth-quarter revenue outlook also came in below expectations, a concern despite the stronger third-quarter sales. Q3 sales and revenue outlook
Analysts Set New Price Targets
A number of analysts recently commented on TREE shares. Wall Street Zen cut LendingTree from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Truist Financial dropped their target price on LendingTree from $70.00 to $65.00 and set a “buy” rating on the stock in a research report on Wednesday. Northland Securities set a $60.00 price target on LendingTree in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LendingTree in a research report on Monday, September 21st. Finally, Needham & Company LLC reduced their price target on shares of LendingTree from $60.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, LendingTree currently has an average rating of “Moderate Buy” and an average target price of $53.60.
Check Out Our Latest Stock Report on LendingTree
Hedge Funds Weigh In On LendingTree
Several institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new position in shares of LendingTree in the second quarter worth about $54,329,000. Jennison Associates LLC lifted its position in shares of LendingTree by 74.0% during the 1st quarter. Jennison Associates LLC now owns 1,020,211 shares of the financial services provider’s stock valued at $43,747,000 after buying an additional 434,038 shares in the last quarter. Punch & Associates Investment Management Inc. bought a new position in shares of LendingTree during the 2nd quarter valued at approximately $32,140,000. Dimensional Fund Advisors LP grew its stake in shares of LendingTree by 9.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 277,414 shares of the financial services provider’s stock valued at $11,895,000 after acquiring an additional 22,857 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of LendingTree by 33.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 274,366 shares of the financial services provider’s stock valued at $11,765,000 after acquiring an additional 68,466 shares during the period. 68.26% of the stock is currently owned by hedge funds and other institutional investors.
LendingTree Stock Up 32.8%
The company’s fifty day moving average is $26.54 and its 200-day moving average is $37.84. The company has a market capitalization of $538.43 million, a PE ratio of 5.46 and a beta of 1.99. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.85 and a current ratio of 1.85.
About LendingTree
LendingTree, Inc operates an online marketplace that helps consumers compare financial products and services from a network of lenders, insurers and other providers. Its platform is designed to connect shoppers with potential offers based on their financial needs and preferences.
The company’s marketplace includes products such as mortgages and other home loans, personal loans, business loans, auto loans, credit cards, insurance and deposit accounts. LendingTree also provides educational content, comparison tools and financial guidance intended to help consumers evaluate borrowing, insurance and saving options.
Founded in 1996 by Doug Lebda, LendingTree is headquartered in Charlotte, North Carolina, and primarily serves consumers in the United States.
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