Truist Financial analyst Youssef Squali maintained a Buy rating on Lendingtree (TREE – Research Report) on July 27. The company’s shares closed yesterday at $24.40.
According to TipRanks, Squali is a top 100 analyst with an average return of 19.9% and a 60.91% success rate. Squali covers the Technology sector, focusing on stocks such as Alibaba, Uber Technologies, and Amazon.
Lendingtree has an analyst consensus of Moderate Buy, with a price target consensus of $23.14.
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The company has a one-year high of $49.57 and a one-year low of $16.02. Currently, Lendingtree has an average volume of 352.3K.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TREE in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
LendingTree, Inc. engages in the operation of online loan marketplace for consumers seeking loans and other credit-based offerings. It operates through the following segments: Home, Consumer, Insurance, and Other. The Home segment consists of purchase mortgage, refinance mortgage, home equity loans and lines of credit, reverse mortgage loans, and real estate. The Consumer segment includes credit cards, personal loans, small business loans, student loans, auto loans, deposit accounts, and other credit products. The Insurance segment comprises of insurance quote products. The Other segment deals with the resale of online advertising space to third parties and revenue from home improvement referrals. The company was founded Douglas Lebda in April 2008 and is headquartered in Charlotte, NC.
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