loanDepot is engaged in the origination and servicing of conventional and government mortgage loans in the United States. Co. also provides settlement services, which include captive title and escrow business; real estate services that cover captive real estate referral business; and insurance brokerage services, including services to homeowners, as well as other consumer insurance policies. Co. offers mortgage loans to borrowers; and in the secondary market. We show 13 historical shares outstanding datapoints in our LDI shares outstanding history coverage, used to compute LDI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LDI market cap history over the course of time is important for investors
interested in comparing LDI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LDI versus a peer is one thing; comparing
LDI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LDI can fluctuate over the course of history.
With this page we aim to empower investors researching LDI by allowing them to research the LDI market cap history. |
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Video: The Importance of Market Cap
