Freddie Mac has projected total home sales for 2016 will be 5.92m compared to 2015 total home sales of 5.73m. Projection for 2017 is 6.16m total home sales.
A few reasons to look into Lending Tree, Inc. are they are not involved with the oil companies, they are an active online tool, and the “millennials” seem to favor them over traditional banking institutes.
Latest Ratings for TREE
| Date | Firm | Action | From | To |
| Mar 2016 | Mizuho Securities | Initiates Coverage on | Buy | |
| Feb 2016 | Northland Securities | Initiates Coverage on | Outperform | |
| Jan 2016 | SunTrust Robinson Humphrey | Maintains | Buy |
After the housing bubble, TREE saw its quarterly revenue drop to 11.90m on Dec. 31, 2010. As of Dec. 31, 2015, quarterly revenues were back up to 78.34m.
Beating Wall Street Financials (BWS) currently has a Buy with $150 price target.
The next earnings report is May 5, 2016. On Feb. 25, 2016, they beat the estimates by 265.22%, estimates were for $0.69 and they reported $2.52. Oct. 25, 2016 estimates were $0.52 and reported $0.79. Aug. 03, 2015 estimates were $0.33 and reported $0.63.
TREE has experienced growth in the non-mortgage products which include free credit scores. TREE offers information, tools, and access to various conditional loan offers for non-mortgage products, including auto loans, credit cards, home equity loans, personal loans, reverse mortgages, small business loans, and student loans. In addition, it offers information, tools, and access to other products, including credit repair, through which consumers obtain assistance improving their credit profiles; debt relief services, through which consumers obtain assistance negotiating existing loans; home improvement services, through which consumers have the opportunity to research and find home improvement professional services; personal credit data, through which consumers gain insights into how prospective lenders and other third parties view their credit profiles; real estate brokerage services, through which consumers are matched with local realtors who assist them in their home purchase or sale efforts; and various consumer insurance products, including home and automobile, through which consumers are matched with insurance lead aggregators to obtain insurance offers. The company was formerly known as Tree.com, Inc. and changed its name to LendingTree, Inc. in January 2015. LendingTree, Inc. was incorporated in 2008 and is based in Charlotte, North Carolina.
UPDATE: 4-19-16
| Free Cash Flow (ttm) | 28.13m |
Usually I don’t learn article on blogs, but I wish to say that this write-up very compelled me to check out and do so!
Your writing taste has been amazed me. Thanks, very nice post.