loanDepot Simplifies Capital Structure With Share Class Conversion

loanDepot ( (LDI) ) just unveiled an update.

On February 11, 2026, loanDepot, Inc. completed the automatic conversion of all outstanding shares of its Class C and Class D common stock into Class B and Class A common stock, respectively, pursuant to its Amended and Restated Certificate of Incorporation dated February 11, 2021. Following the conversion, the company reported 228,569,593 Class A shares and 106,207,433 Class B shares outstanding, with no remaining Class C or Class D shares, consolidating its equity structure while maintaining one-vote-per-share rights for holders of Class A and Class B stock on all general stockholder matters.

The most recent analyst rating on (LDI) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on loanDepot stock, see the LDI Stock Forecast page.

Spark’s Take on LDI Stock

According to Spark, TipRanks’ AI Analyst, LDI is a Neutral.

Score is held down primarily by weak financial performance (losses, heavy leverage, and stressed cash flows). Technical indicators are moderately supportive with price above key moving averages and a positive MACD, while valuation remains unattractive given negative earnings and no dividend support; the earnings call shows operational improvement and constructive volume guidance, but profitability and expense risks persist.

To see Spark’s full report on LDI stock, click here.

More about loanDepot

loanDepot, Inc. operates in the financial services industry as a nonbank consumer lender focused on residential mortgage origination and related lending products in the U.S. The company issues multiple classes of common stock that provide voting rights to shareholders on corporate governance matters, including the election and removal of directors.

Average Trading Volume: 4,105,589

Technical Sentiment Signal: Sell

Current Market Cap: $706.5M

Learn more about LDI stock on TipRanks’ Stock Analysis page.