Equities research analysts expect Lendingtree Inc (NASDAQ:TREE) to report earnings of $0.88 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Lendingtree’s earnings, with the highest EPS estimate coming in at $0.94 and the lowest estimate coming in at $0.84. Lendingtree posted earnings of $0.87 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 1.1%. The firm is expected to issue its next quarterly earnings results before the market opens on Thursday, February 22nd.

According to Zacks, analysts expect that Lendingtree will report full year earnings of $3.79 per share for the current fiscal year, with EPS estimates ranging from $3.74 to $3.86. For the next year, analysts forecast that the company will post earnings of $5.65 per share, with EPS estimates ranging from $5.00 to $7.02. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Lendingtree.

TREE has been the subject of several research analyst reports. Zacks Investment Research lowered Lendingtree from a “hold” rating to a “sell” rating in a research note on Thursday, October 26th. Oppenheimer increased their target price on Lendingtree from $245.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. Bank of America reiterated a “buy” rating and issued a $425.00 target price on shares of Lendingtree in a research note on Tuesday, January 23rd. Stephens increased their target price on Lendingtree from $250.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday, October 26th. Finally, Citigroup reiterated an “outperform” rating and issued a $290.00 target price on shares of Lendingtree in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $288.85.

In other Lendingtree news, insider Nikul Patel sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $300.00, for a total transaction of $300,000.00. Following the completion of the sale, the insider now owns 4,953 shares in the company, valued at approximately $1,485,900. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Carla Shumate sold 4,800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $343.72, for a total value of $1,649,856.00. Following the sale, the insider now owns 7,227 shares of the company’s stock, valued at approximately $2,484,064.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 119,676 shares of company stock valued at $39,311,897. Insiders own 21.90% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the business. Invictus RG acquired a new stake in Lendingtree during the 3rd quarter valued at approximately $104,000. Advisor Group Inc. grew its stake in Lendingtree by 61.7% during the 3rd quarter. Advisor Group Inc. now owns 527 shares of the financial services provider’s stock valued at $128,000 after purchasing an additional 201 shares in the last quarter. Public Employees Retirement Association of Colorado acquired a new stake in Lendingtree during the 4th quarter valued at approximately $153,000. Aperio Group LLC acquired a new stake in Lendingtree during the 3rd quarter valued at approximately $201,000. Finally, Verition Fund Management LLC acquired a new stake in Lendingtree during the 2nd quarter valued at approximately $210,000. Hedge funds and other institutional investors own 74.60% of the company’s stock.

Shares of Lendingtree (TREE) traded up $2.85 during trading hours on Monday, reaching $378.95. The company’s stock had a trading volume of 120,200 shares, compared to its average volume of 200,261. The firm has a market capitalization of $4,535.58, a price-to-earnings ratio of 166.21, a PEG ratio of 2.05 and a beta of 1.63. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.86 and a quick ratio of 3.86. Lendingtree has a 12 month low of $111.88 and a 12 month high of $404.40.

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Lendingtree Company Profile

LendingTree, Inc (LendingTree) is engaged in operating an online loan marketplace for consumers seeking loans and other credit-based offerings. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings.

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