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 research report issued to clients and investors on Saturday.

Separately, Keefe, Bruyette & Woods increased their target price on Ladder Capital from $11.75 to $12.00 and gave the company an "outperform" rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $13.13.

Ladder Capital Stock Performance

LADR opened at $11.15 on Friday. The business has a fifty day simple moving average of $10.76 and a 200-day simple moving average of $10.95. The firm has a market cap of $1.43 billion, a PE ratio of 15.92, a P/E/G ratio of 3.36 and a beta of 1.00. Ladder Capital has a fifty-two week low of $9.68 and a fifty-two week high of $12.36. 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 released its earnings results on Thursday, July 24th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.01. The company had revenue of $56.26 million during the quarter, compared to analyst estimates of $58.57 million. Ladder Capital had a return on equity of 7.04% and a net margin of 20.05%. During the same quarter in the prior year, the company earned $0.31 earnings per share. As a group, equities analysts predict that Ladder Capital will post 1.03 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in LADR. KBC Group NV bought a new position in shares of Ladder Capital in the 1st quarter valued at approximately $31,000. Versant Capital Management Inc bought a new position in shares of Ladder Capital in the 1st quarter valued at approximately $38,000. Sterling Capital Management LLC raised its stake in shares of Ladder Capital by 816.1% in the 4th quarter. Sterling Capital Management LLC now owns 3,637 shares of the real estate investment trust's stock valued at $41,000 after acquiring an additional 3,240 shares in the last quarter. CWM LLC raised its stake in shares of Ladder Capital by 192.4% in the 2nd quarter. CWM LLC now owns 3,798 shares of the real estate investment trust's stock valued at $41,000 after acquiring an additional 2,499 shares in the last quarter. Finally, TD Waterhouse Canada Inc. bought a new position in shares of Ladder Capital in the 4th quarter valued at approximately $84,000. 62.25% of the stock is owned by institutional investors.

About Ladder Capital

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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