LendingTree Appoints Ian Smith as COO to Drive Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10h ago
0mins
Source: PRnewswire
- Leadership Transition: LendingTree announced the promotion of Ian Smith to Chief Operating Officer, succeeding Scott Peyree, who became CEO after the passing of founder Doug Lebda, aiming to enhance the company's operational execution and long-term growth potential.
- Insurance Business Leadership: Laura Nelson will take over as Head of Insurance, continuing to drive performance and innovation in the insurance marketplace while strengthening relationships with carriers to enhance consumer value.
- Operational Efficiency Boost: Smith's established operating system within the insurance sector will be extended across LendingTree, expected to improve operational efficiency in lending and other financial services, thereby strengthening the company's position in a competitive financial market.
- Internal Talent Development: This leadership change reflects LendingTree's commitment to nurturing internal talent, with CEO Peyree emphasizing that Ian and Laura's leadership capabilities will lay a solid foundation for the company's continued growth.
Analyst Views on TREE
Wall Street analysts forecast TREE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TREE is 81.33 USD with a low forecast of 72.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 55.740
Low
72.00
Averages
81.33
High
85.00
Current: 55.740
Low
72.00
Averages
81.33
High
85.00
About TREE
LendingTree, Inc. operates LendingTree.com, an online financial services marketplace. The Company provides customers with access to offers on loans, credit cards, insurance and more through its network of approximately 430 financial partners. Its segments include Home, Consumer, and Insurance. The Home segment includes products, such as purchase mortgage, refinance mortgage, and home equity loans and lines of credit. Its Consumer segment includes products, such as credit cards, personal loans, small business loans, auto loans, deposit accounts, and other credit products such as debt settlement. The Insurance segment consists of insurance quote products and insurance policies in its agency businesses. It helps customers obtain financing, save money, and improve their financial and credit health in their personal journeys. With a portfolio of products and tools and personalized financial recommendations, the Company helps customers achieve everyday financial wins.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





