Welcome to our dedicated page for Lendingtree news (Ticker: TREE), a resource for investors and traders seeking the latest updates and insights on Lendingtree stock.
LendingTree, Inc. operates LendingTree.com, an online financial services marketplace that connects U.S. consumers with offers for loans, credit cards, insurance and related financial products through a network of financial partners. Its business is reported through Home, Consumer and Insurance segments, with revenue tied to marketplace referrals, partner demand and completed financial-product transactions.
Company news commonly covers quarterly results, variable marketing margin, adjusted EBITDA, segment performance and the role of the Insurance marketplace in revenue growth. Updates also address mortgage and housing policy, consumer-permissioned lead generation, home equity activity, credit-product demand, leadership appointments and governance changes affecting the company’s marketplace operations.
LendingTree, Inc. (NASDAQ: TREE) announced it will release its fiscal fourth quarter 2020 results on February 25, 2021, at 7:00 a.m. ET. A shareholder letter will be available on the company's investor website. Following the earnings release, a conference call will be held at 9:00 a.m. ET, accessible via a toll-free number. For those unable to attend, a replay of the call will be available until March 5, 2021. LendingTree operates as an online marketplace connecting consumers with financial service offers.
ValuePenguin.com has released a report ranking Minnesota as the state with the best cancer care in the U.S., scoring 19 out of 20 points. The report evaluates states based on costs, access to care, and cancer death rates. New Mexico, Rhode Island, Arizona, Maryland, and Pennsylvania follow closely with scores of 18. In contrast, Georgia, Oklahoma, and Wisconsin scored the lowest at 9 points due to high healthcare costs and inadequate access to insurance. The report highlights the critical need for affordable cancer care, especially in states with high uninsured rates.
On February 9, 2021, a LendingTree survey revealed that nearly 40% of Americans plan to skip Valentine's Day to save money. The survey also noted that 38% of partnered consumers might incur credit card debt from their Valentine's spending, with 30% concealing this debt from their partners. Women are projected to spend less than in previous years, while men are more likely to skip the celebration. The survey highlights the financial impact of the ongoing pandemic on consumer behavior.
According to a LendingTree report, 51% of Americans plan to make Super Bowl-related bets this year, with 67% of millennials and 62% of Generation Z participating. Many bettors, particularly those impacted by the pandemic, are expected to wager at least $100. 34% of Americans anticipate spending less on the Super Bowl compared to last year, while 21% expect to spend more, averaging $108 each. The survey included 1,073 participants and was conducted from January 25-26, 2021.
Summary not available.
Summary not available.
Summary not available.
QuoteWizard, a LendingTree company, published a report evaluating states addressing the housing crisis amid rising homelessness predictions due to the pandemic. In 2020, an estimated 568,000 Americans experienced homelessness, with 10.74 million unemployed as of November. Key findings include Colorado ranking first in housing assistance from 2018 to 2019, while Connecticut saw a 23.6% decrease in homelessness. States like Mississippi, Louisiana, and Alabama had the lowest rates of homelessness per 10,000, contrasted with New York, Hawaii, and California, which reported the highest.
LendingTree has appointed two experienced executives, Scott Totman as Chief Technology Officer and Lisa Young as General Counsel, to enhance its leadership team. Totman brings a wealth of fintech experience from OnDeck and Capital One, focusing on aligning technology with strategic initiatives. Young, with a background in global legal affairs at Axiom and Enova, aims to elevate LendingTree's legal function. CEO Doug Lebda emphasizes that these appointments will bolster the company's technology and legal capabilities to better serve consumers in financial decision-making.
In 2020, 29% of Americans lost health insurance coverage, with 51% of Gen Z and 36% of Millennials affected. 47% of those laid off or furloughed lost their insurance. Cost remains the primary barrier for the over half of Americans who are uninsured in 2021, as 42% cite affordability issues. Additionally, 45% of health insurance marketplace users found costs higher than expected, with 64% facing issues during the purchasing process. The survey reveals a call for changes in the healthcare marketplace, yet respondents are divided on what those changes should be.