Top Consumer Loan Stocks to Benefit from Rate Cuts [Yahoo! Finance]
Finance of America Companies Inc. Class A (FOA)
Company Research
Source: Yahoo! Finance
This comes after Federal Reserve Chairman Jerome Powell stated that now is the time to cut rates at the Fed's annual economic conference last week. The delightful news is centered around economic data that shows inflation is under control, prompting cuts that would reduce borrowing costs for consumers and companies. Considering such, it's plausible that loan volumes will increase as the federal funds benchmark rate drops from its 23-year high of 5.25-5.5%. Image Source: Federal Reserve Economic Data LendingTree TREE Markets continue to anticipate that LendingTree will be a primary beneficiary of lower interest rates with its stock soaring over +90% year to date and skyrocketing more than +200% over the last year. Trading at a 52-week high of $60 a share, LendingTree has proven to have massive earnings potential in the past, especially under a favorable operating environment. Offering personalized loan comparison shopping, LendingTree's annual earnings are expected to dip -1
Show less
Read more
Impact Snapshot
Event Time:
FOA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FOA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FOA alerts
High impacting Finance of America Companies Inc. Class A news events
Weekly update
A roundup of the hottest topics
FOA
News
- Finance of America Announces Exchange Offer and Consent Solicitation for Existing 2025 Unsecured NotesBusiness Wire
- Finance of America Companies Inc. (NYSE: FOA) had its price target lowered by analysts at UBS Group AG from $15.00 to $14.00. They now have a "buy" rating on the stock.MarketBeat
- Why a reverse mortgage could be viable in a ‘gray divorce' situation [Yahoo! Finance]Yahoo! Finance
- Finance of America Companies Second Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Finance of America Companies Inc. (FOA) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
FOA
Earnings
- 8/6/24 - Beat
FOA
Analyst Actions
- 9/5/24 - UBS
FOA
Sec Filings
- 9/17/24 - Form PRE
- 9/17/24 - Form 8-K
- 8/9/24 - Form IRANNOTICE
- FOA's page on the SEC website