Ladder Capital (NYSE:LADR) Stock Rating Lowered by Wall Street Zen

Ladder Capital (NYSE:LADR - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Saturday.

Separately, Keefe, Bruyette & Woods cut their target price on Ladder Capital from $12.75 to $12.00 and set an "outperform" rating on the stock in a research note on Monday, April 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $13.20.

Ladder Capital Stock Performance

Shares of LADR stock opened at $11.03 on Friday. The company has a market cap of $1.41 billion, a P/E ratio of 13.45, a PEG ratio of 3.31 and a beta of 1.00. The business has a 50 day moving average of $10.59 and a two-hundred day moving average of $10.97. Ladder Capital has a 52 week low of $9.68 and a 52 week high of $12.48. The company has a quick ratio of 48.71, a current ratio of 48.72 and a debt-to-equity ratio of 1.83.

Ladder Capital (NYSE:LADR - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.02). Ladder Capital had a return on equity of 7.82% and a net margin of 21.81%. The company had revenue of $51.20 million during the quarter, compared to the consensus estimate of $65.15 million. During the same period last year, the business posted $0.33 EPS. As a group, analysts anticipate that Ladder Capital will post 1.03 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of LADR. Charles Schwab Investment Management Inc. raised its stake in shares of Ladder Capital by 2.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,678,115 shares of the real estate investment trust's stock worth $18,778,000 after buying an additional 45,040 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Ladder Capital by 2.4% during the fourth quarter. Victory Capital Management Inc. now owns 1,680,014 shares of the real estate investment trust's stock worth $18,799,000 after acquiring an additional 39,695 shares during the period. Raymond James Financial Inc. bought a new stake in Ladder Capital in the fourth quarter worth about $7,981,000. Balyasny Asset Management L.P. lifted its holdings in Ladder Capital by 35.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,777,974 shares of the real estate investment trust's stock valued at $19,896,000 after acquiring an additional 461,739 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Ladder Capital by 18.7% during the 4th quarter. Bank of America Corp DE now owns 367,430 shares of the real estate investment trust's stock valued at $4,112,000 after purchasing an additional 57,766 shares in the last quarter. Institutional investors own 62.25% of the company's stock.

Ladder Capital Company Profile

Ladder Capital Corp operates as an internally-managed real estate investment trust in the United States. It operates through three segments: Loans, Securities, and Real Estate. The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real estate properties that are undergoing transition, including lease-up, sell-out, and renovation or repositioning.

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