LendingTree, Inc. (TREE) EPS Estimated At $1.31

October 19, 2018 - By Ellis Scott

LendingTree, Inc. (NASDAQ:TREE) LogoInvestors sentiment increased to 1.64 in Q2 2018. Its up 0.93, from 0.71 in 2018Q1. It improved, as 28 investors sold LendingTree, Inc. shares while 49 reduced holdings. 40 funds opened positions while 86 raised stakes. 10.21 million shares or 11.78% more from 9.14 million shares in 2018Q1 were reported.
Qs Invsts Ltd Co reported 21,342 shares. Emerald Advisers Inc Pa invested 0.95% in LendingTree, Inc. (NASDAQ:TREE). Schroder Investment Group Incorporated stated it has 0% of its portfolio in LendingTree, Inc. (NASDAQ:TREE). Glob X Mngmt Ltd Liability Com accumulated 30,534 shares. Tiaa Cref Investment Mgmt holds 16,423 shares. 11,200 are owned by Teton Advisors. Sg Americas Ltd Liability holds 0.01% or 2,768 shares in its portfolio. Clarivest Asset Management Limited Liability invested in 0.01% or 3,900 shares. Cim Mangement Inc holds 0.17% or 2,268 shares. Jane Street Gru Limited Liability Com invested in 0% or 5,804 shares. D E Shaw And owns 7,129 shares. Two Sigma Ltd Liability Company stated it has 1,110 shares. Baillie Gifford And stated it has 1.33M shares. Proshare Advsr Ltd Liability Corp reported 0% of its portfolio in LendingTree, Inc. (NASDAQ:TREE). Pnc Group Inc invested 0% in LendingTree, Inc. (NASDAQ:TREE).

Analysts expect LendingTree, Inc. (NASDAQ:TREE) to report $1.31 EPS on October, 25.They anticipate $0.43 EPS change or 48.86 % from last quarter’s $0.88 EPS. TREE’s profit would be $16.79 million giving it 39.46 P/E if the $1.31 EPS is correct. After having $0.90 EPS previously, LendingTree, Inc.’s analysts see 45.56 % EPS growth. The stock decreased 3.43% or $7.34 during the last trading session, reaching $206.75. About 252,476 shares traded or 49.19% up from the average. LendingTree, Inc. (NASDAQ:TREE) has risen 4.70% since October 20, 2017 and is uptrending. It has underperformed by 10.92% the S&P500.

LendingTree, Inc. (NASDAQ:TREE) Ratings Coverage

Among 5 analysts covering LendingTree (NASDAQ:TREE), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. LendingTree had 6 analyst reports since May 7, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Monday, May 7 by UBS. Compass Point downgraded the shares of TREE in report on Tuesday, June 26 to “Hold” rating. The firm has “Hold” rating by Deutsche Bank given on Thursday, August 16. The stock has “Hold” rating by SunTrust on Tuesday, May 8. The company was downgraded on Friday, July 27 by Northland Capital.

LendingTree, Inc., through its subsidiary, LendingTree, LLC, operates an online loan marketplace for clients seeking loans and other credit offerings in the United States. The company has market cap of $2.65 billion. The firm offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit offerings. It has a 38.8 P/E ratio. The Company’s mortgage products comprise purchase and refinance products.

More notable recent LendingTree, Inc. (NASDAQ:TREE) news were published by: Streetinsider.com which released: “LendingTree (TREE) Announces Acquisition of QuoteWizard.com LLC for Approx. $370.20M” on October 04, 2018, also Bizjournals.com with their article: “THE LIST: A look at Charlotte’s largest mortgage lenders” published on October 19, 2018, Nasdaq.com published: “Financial Sector Update for 10/05/2018: TREE,BXP,CLNY” on October 05, 2018. More interesting news about LendingTree, Inc. (NASDAQ:TREE) were released by: Benzinga.com and their article: “LendingTree To Recognize Financial Innovation At The Benzinga Fintech Summit” published on September 26, 2018 as well as Seekingalpha.com‘s news article titled: “LendingTree To Acquire QuoteWizard For Online Insurance Marketplace” with publication date: October 15, 2018.

LendingTree, Inc. (NASDAQ:TREE) Institutional Positions Chart

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