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loanDepot (loanDepot) Market Cap : $395.5 Mil (As of May. 15, 2024)


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What is loanDepot Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). loanDepot's share price for the quarter that ended in Mar. 2024 was $2.59. loanDepot's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 181.8 Mil. Therefore, loanDepot's market cap for the quarter that ended in Mar. 2024 was $470.8 Mil.

loanDepot's quarterly market cap increased from Sep. 2023 ($304.1 Mil) to Dec. 2023 ($637.3 Mil) but then declined from Dec. 2023 ($637.3 Mil) to Mar. 2024 ($470.8 Mil).

loanDepot's annual market cap declined from Dec. 2021 ($659.0 Mil) to Dec. 2022 ($279.7 Mil) but then increased from Dec. 2022 ($279.7 Mil) to Dec. 2023 ($637.3 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. loanDepot's Enterprise Value for Today is $4,536.4 Mil.


loanDepot Market Cap Historical Data

The historical data trend for loanDepot's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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loanDepot Market Cap Chart

loanDepot Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - 658.99 279.71 637.31

loanDepot Quarterly Data
Jun15 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 277.13 371.03 304.08 637.31 470.77

Competitive Comparison of loanDepot's Market Cap

For the Mortgage Finance subindustry, loanDepot's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


loanDepot's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, loanDepot's Market Cap distribution charts can be found below:

* The bar in red indicates where loanDepot's Market Cap falls into.



loanDepot Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

loanDepot's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$3.52*181.054
=$637.3

loanDepot's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$2.59*181.764
=$470.8

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


loanDepot  (NYSE:LDI) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


loanDepot Market Cap Related Terms

Thank you for viewing the detailed overview of loanDepot's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


loanDepot (loanDepot) Business Description

Traded in Other Exchanges
Address
26642 Towne Centre Drive, Foothill Ranch, CA, USA, 92610
loanDepot Inc provides nonbank consumer lending solutions for individuals in the United States. It offers personal, residential home, home refinancing, mortgage and home equity loans. It also provides online mortgage loans for refinancing and home purchases. It serves customers through distribution channels, including consumer direct centres, retail branches, wholesale centres, and consumer finance and servicing centres in the United States. It competes with commercial banks and financial institutions. The Company is subject to governmental laws and regulations.
Executives
Jeff Alexander Walsh officer: See Remarks C/O LOANDEPOT, INC., 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Frank Martell director, officer: CEO and President 10 GASTON FARMS ROAD, GREENWICH CT 06831
Dan Binowitz officer: Managing Director 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Darren Graeler officer: Chief Accounting Officer 6561 IRVINE CENTER DRIVE, IRVINE CA 92618
David R Hayes officer: Chief Financial Officer 6561 IRVINE CENTER DRIVE, IRVINE CA 92618
Patrick J Flanagan officer: Chief Financial Officer C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
John Hoon Lee director 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Steven Ozonian director C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Nicole Carrillo officer: Chief Accounting Officer C/O LOANDEPOT, INC., 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Jeffrey Michael Dergurahian officer: See Remarks C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Grassi Joseph J Iii officer: Chief Risk Officer C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Gregory Smallwood officer: Chief Legal Officer 1525 S. BELT LINE RD., COPPELL TX 75019
Anthony Li Hsieh director, 10 percent owner, officer: Chief Executive Officer C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Pamela H. Patenaude director 26642 TOWNE CENTRE DRIVE, C/O LOANDEPOT, INC., FOOTHILL RANCH CA 92610
Michael Linton director C/O LOANDEPOT, INC. ATTN GENERAL COUNSEL, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610