Ladder Capital (LADR) Scheduled to Post Quarterly Earnings on Thursday

Ladder Capital (NYSE:LADR - Get Free Report) is scheduled to be announcing its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Ladder Capital (NYSE:LADR - Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The real estate investment trust reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.02. The company had revenue of $121.27 million during the quarter, compared to analysts' expectations of $63.22 million. Ladder Capital had a net margin of 18.92% and a return on equity of 9.70%. During the same period last year, the business earned $0.28 EPS. On average, analysts expect Ladder Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ladder Capital Stock Up 1.7 %

Shares of LADR traded up $0.17 during mid-day trading on Friday, hitting $10.49. 473,385 shares of the company's stock were exchanged, compared to its average volume of 640,229. The company has a market cap of $1.33 billion, a PE ratio of 12.94 and a beta of 1.92. Ladder Capital has a 52 week low of $8.84 and a 52 week high of $12.00. The company has a 50-day simple moving average of $10.76 and a 200 day simple moving average of $10.83. The company has a debt-to-equity ratio of 2.47, a current ratio of 64.38 and a quick ratio of 64.38.

Ladder Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a dividend of $0.23 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.92 annualized dividend and a dividend yield of 8.77%. Ladder Capital's dividend payout ratio is currently 113.58%.

Hedge Funds Weigh In On Ladder Capital

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Ladder Capital by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 11,206,155 shares of the real estate investment trust's stock valued at $128,983,000 after purchasing an additional 81,521 shares during the last quarter. BlackRock Inc. lifted its holdings in Ladder Capital by 1.6% during the 2nd quarter. BlackRock Inc. now owns 9,956,107 shares of the real estate investment trust's stock valued at $108,024,000 after purchasing an additional 158,415 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Ladder Capital by 19.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 3,487,417 shares of the real estate investment trust's stock valued at $37,838,000 after purchasing an additional 566,610 shares during the last quarter. Nuveen Asset Management LLC lifted its holdings in Ladder Capital by 0.5% during the 4th quarter. Nuveen Asset Management LLC now owns 2,703,267 shares of the real estate investment trust's stock valued at $31,404,000 after purchasing an additional 13,812 shares during the last quarter. Finally, State Street Corp lifted its holdings in Ladder Capital by 0.3% during the 2nd quarter. State Street Corp now owns 2,691,999 shares of the real estate investment trust's stock valued at $29,818,000 after purchasing an additional 9,245 shares during the last quarter. 62.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

LADR has been the subject of several research reports. Keefe, Bruyette & Woods decreased their price target on shares of Ladder Capital from $12.75 to $12.50 and set an "outperform" rating for the company in a research note on Wednesday, April 10th. TheStreet cut shares of Ladder Capital from a "b-" rating to a "c" rating in a research note on Thursday, February 8th. Four analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Ladder Capital has an average rating of "Buy" and a consensus price target of $12.63.

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.