LendingTree traded at $39.00 this Friday July 24th, decreasing $0.45 or 1.14 percent since the previous trading session. Looking back, over the last four weeks, LendingTree lost 2.31 percent. Over the last 12 months, its price fell by 20.51 percent. Looking ahead, we forecast LendingTree to be priced at 38.18 by the end of this quarter and at 35.81 in one year, according to Trading Economics global macro models projections and analysts expectations.
LendingTree, Inc. (LendingTree) is engaged in operating an online consumer platform that connects consumers. It offers consumers tools and resources, including free credit scores, that facilitate comparison-shopping for mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, deposit accounts, personal loans, student loans, small business loans, insurance quotes and other related offerings. It manages its business through three operating and reportable segments: Home, Consumer and Insurance. The Home segment includes products, such as 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 such as credit repair and debt settlement. The Insurance segment consists of insurance quote products.