Ladder Capital Corp Company Profile (NASDAQ:LADR)

About Ladder Capital Corp (NASDAQ:LADR)

Ladder Capital Corp logoLadder Capital Corp is a commercial real estate finance company. The Company's segments include loans, securities, real estate and corporate/other. The loans segment includes mortgage loan receivables held for investment (balance sheet loans) and mortgage loan receivables held for sale (conduit loans). The securities segment consists of all of its activities related to commercial real estate securities, which include investments in commercial mortgage-backed securities (CMBS) and United States Agency Securities. The real estate segment includes net leased properties, office buildings, a warehouse and condominium units. The Corporate/other segment includes the Company's investments in joint ventures, other asset management activities and operating expenses. The Company invests primarily in loans, securities and other interests in the United States commercial real estate, with a focus on senior secured assets.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: N/A
  • Symbol: NASDAQ:LADR
  • CUSIP: N/A
  • Web: www.laddercapital.com
Capitalization:
  • Market Cap: $1.13 billion
  • Outstanding Shares: 79,559,000
Average Prices:
  • 50 Day Moving Avg: $14.50
  • 200 Day Moving Avg: $14.22
  • 52 Week Range: $11.34 - $15.53
P/E:
  • Trailing P/E Ratio: 12.27
  • Foreward P/E Ratio: 8.97
  • P/E Growth: 1.98
Sales & Book Value:
  • Annual Revenue: $312.28 million
  • Price / Sales: 3.61
  • Book Value: $13.24 per share
  • Price / Book: 1.07
Dividend:
  • Dividend Yield: 8.4%
Misc:
  • Average Volume: 492,075 shs.
  • Short Ratio: 1.19
 

Frequently Asked Questions for Ladder Capital Corp (NASDAQ:LADR)

What is Ladder Capital Corp's stock symbol?

Ladder Capital Corp trades on the NASDAQ under the ticker symbol "LADR."

How often does Ladder Capital Corp pay dividends? What is the dividend yield for Ladder Capital Corp?

Ladder Capital Corp announced a quarterly dividend on Thursday, March 2nd. Investors of record on Monday, March 13th will be paid a dividend of $0.30 per share on Monday, April 3rd. This represents a $1.20 annualized dividend and a yield of 8.46%. The ex-dividend date of this dividend is Thursday, March 9th. This is a positive change from Ladder Capital Corp's previous quarterly dividend of $0.28. View Ladder Capital Corp's Dividend History.

How were Ladder Capital Corp's earnings last quarter?

Ladder Capital Corp (NASDAQ:LADR) posted its quarterly earnings data on Tuesday, May, 9th. The company reported $0.29 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.29. The business had revenue of $56.52 million for the quarter, compared to the consensus estimate of $59.44 million. During the same period in the prior year, the business earned $0.38 earnings per share. View Ladder Capital Corp's Earnings History.

Where is Ladder Capital Corp's stock going? Where will Ladder Capital Corp's stock price be in 2017?

7 analysts have issued 12 month target prices for Ladder Capital Corp's shares. Their forecasts range from $13.00 to $16.50. On average, they anticipate Ladder Capital Corp's share price to reach $15.00 in the next year. View Analyst Ratings for Ladder Capital Corp.

What are analysts saying about Ladder Capital Corp stock?

Here are some recent quotes from research analysts about Ladder Capital Corp stock:

  • 1. According to Zacks Investment Research, "Ladder Capital Corp is a commercial real estate finance company. The Company operates in three segments: Loans, Securities and Real Estate. It focused on midmarket senior secured commercial real estate first mortgage loans, investment grade-rated securities secured by first mortgage loans on commercial real estate and investing in net leased and other commercial real estate. The company also provides services of the commercial real estate industry which includes origination, credit, underwriting, structuring, capital markets and asset management. Ladder Capital Corp is headquartered in New York City. " (3/2/2017)
  • 2. FBR & Co analysts commented, "This morning, 2/28, Ladder Capital announced that Related Companies, a real estate investment firm, has purchased $80 million of LADR common stock from certain pre-IPO shareholders, including TowerBrook Capital and GI Partners. In conjunction with the transaction, Richard O'Toole, an Executive Vice President at Related, will be joining LADR's board of directors. We view this transaction to be positive for a couple of reasons: 1) Related has a strong asset management division and a large network of institutional relationships that will support LADR's third-party capital raising efforts, and 2) the transaction will improve trading liquidity of the stock as private equity funds have restricted the float of shares, which has discouraged larger incremental buyers from getting involved despite the strong fundamental story. Following this announcement, we reiterate our Outperform rating on shares of LADR." (2/28/2017)

Who are some of Ladder Capital Corp's key competitors?

Who owns Ladder Capital Corp stock?

Ladder Capital Corp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include GI PARTNERS FUND III LP (11.70%), TOWERBROOK INVESTORS, LTD. (10.40%), RELATED REAL ESTATE FUND II, L.P. (7.80%), OMERS ADMINISTRATION CORP (4.80%), OMERS ADMINISTRATION Corp (7.28%) and Vanguard Group Inc. (6.90%). Company insiders that own Ladder Capital Corp stock include Gi Partners Fund Iii Lp, Howard Park, Investor Executi Towerbrook II and Investors Ltd Towerbrook. View Institutional Ownership Trends for Ladder Capital Corp.

Who sold Ladder Capital Corp stock? Who is selling Ladder Capital Corp stock?

Ladder Capital Corp's stock was sold by a variety of institutional investors in the last quarter, including OMERS ADMINISTRATION Corp, Advisors Capital Management LLC, Wells Fargo & Company MN, Alliancebernstein L.P., Morgan Stanley, Credit Suisse AG, Tudor Investment Corp ET AL and Renaissance Technologies LLC. Company insiders that have sold Ladder Capital Corp stock in the last year include Gi Partners Fund Iii Lp, Howard Park, Investor Executi Towerbrook II and Investors Ltd Towerbrook. View Insider Buying and Selling for Ladder Capital Corp.

Who bought Ladder Capital Corp stock? Who is buying Ladder Capital Corp stock?

Ladder Capital Corp's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Global X Management Co. LLC, UBS Group AG, Jana Partners LLC, Yorktown Management & Research Co Inc, Cipher Capital LP, Vanguard Group Inc. and Ares Management LLC. View Insider Buying and Selling for Ladder Capital Corp.

How do I buy Ladder Capital Corp stock?

Shares of Ladder Capital Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ladder Capital Corp stock cost?

One share of Ladder Capital Corp stock can currently be purchased for approximately $14.18.

Analyst Ratings

Consensus Ratings for Ladder Capital Corp (NASDAQ:LADR) (?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $15.00 (5.78% upside)

Analysts' Ratings History for Ladder Capital Corp (NASDAQ:LADR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/5/2017FBR & CoBoost Price TargetOutperform$16.00 -> $16.50LowView Rating Details
3/14/2017Wells Fargo & CoUpgradeMarket Perform -> OutperformLowView Rating Details
3/8/2017Keefe, Bruyette & WoodsReiterated RatingBuy$16.00HighView Rating Details
12/21/2016Bank of America CorpDowngradeBuy -> NeutralN/AView Rating Details
11/16/2016JMP SecuritiesReiterated RatingBuyN/AView Rating Details
11/4/2016JPMorgan Chase & Co.Reiterated RatingBuy$14.50N/AView Rating Details
8/10/2016Citigroup IncBoost Price TargetNeutral$12.00 -> $13.00N/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Ladder Capital Corp (NASDAQ:LADR)
Earnings by Quarter for Ladder Capital Corp (NASDAQ:LADR)
Earnings History by Quarter for Ladder Capital Corp (NASDAQ:LADR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017$0.29$0.29$59.44 million$56.52 millionViewListenView Earnings Details
2/23/2017Q416$0.39$0.37$82.59 million$117.73 millionViewN/AView Earnings Details
11/3/2016Q316$0.36$0.40$75.18 million$98.93 millionViewN/AView Earnings Details
8/4/2016Q216$0.35$0.32$72.20 million$39.20 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ladder Capital Corp (NASDAQ:LADR)
2017 EPS Consensus Estimate: $1.32
2018 EPS Consensus Estimate: $1.48
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.28$0.28$0.28
Q2 20171$0.32$0.32$0.32
Q3 20171$0.36$0.36$0.36
Q4 20171$0.36$0.36$0.36
Q1 20181$0.34$0.34$0.34
Q2 20181$0.38$0.38$0.38
Q3 20181$0.38$0.38$0.38
Q4 20181$0.38$0.38$0.38
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Ladder Capital Corp (NASDAQ:LADR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/2/2017quarterly$0.308.21%3/9/20173/13/20174/3/2017
12/6/2016$0.4612/22/201612/27/20161/24/2017
9/1/2016Quarterly$0.289/8/20169/12/201610/3/2016
6/1/2016Quarterly$0.286/9/20166/13/20167/1/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ladder Capital Corp (NASDAQ:LADR)
Insider Trades by Quarter for Ladder Capital Corp (NASDAQ:LADR)
Institutional Ownership by Quarter for Ladder Capital Corp (NASDAQ:LADR)
Insider Trades by Quarter for Ladder Capital Corp (NASDAQ:LADR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/13/2017Howard ParkDirectorSell1,113,057$14.05$15,638,450.85View SEC Filing  
3/13/2017Investor Executi Towerbrook IIMajor ShareholderSell1,113,056$14.05$15,638,436.80View SEC Filing  
3/3/2017Gi Partners Fund Iii LpDirectorSell2,023,254$13.59$27,496,021.86View SEC Filing  
3/3/2017Investor Executi Towerbrook IIMajor ShareholderSell1,792,169$13.59$24,355,576.71View SEC Filing  
12/12/2016Investors Ltd. TowerbrookMajor ShareholderSell4,441,661$13.60$60,406,589.60View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ladder Capital Corp (NASDAQ:LADR)
Latest Headlines for Ladder Capital Corp (NASDAQ:LADR)
Source:
DateHeadline
americanbankingnews.com logo$73.77 Million in Sales Expected for Ladder Capital Corp (LADR) This Quarter
www.americanbankingnews.com - May 21 at 4:20 PM
finance.yahoo.com logoLadder Capital Corp to Present at the KBW Mortgage Finance & Asset Management Conference
finance.yahoo.com - May 19 at 10:46 AM
seekingalpha.com logoWhy Not Buy This 8.4% Yielder For Income And Growth?
seekingalpha.com - May 17 at 9:41 AM
americanbankingnews.com logo Analysts Anticipate Ladder Capital Corp (LADR) Will Post Earnings of $0.32 Per Share
www.americanbankingnews.com - May 16 at 7:56 AM
seekingalpha.com logoLooking For A Dividend That's Fatter? Try Ladder
seekingalpha.com - May 15 at 5:40 PM
americanbankingnews.com logoFBR & Co Weighs in on Ladder Capital Corp's Q2 2017 Earnings (LADR)
www.americanbankingnews.com - May 15 at 7:46 AM
streetinsider.com logoLadder Capital (LADR) Director, Howard Park to Resign
www.streetinsider.com - May 12 at 11:55 PM
finance.yahoo.com logoLadder Announces the Resignation of Howard Park from Board of Directors
finance.yahoo.com - May 12 at 6:53 PM
americanbankingnews.com logoFBR & Co Comments on Ladder Capital Corp's Q4 2017 Earnings (LADR)
www.americanbankingnews.com - May 12 at 3:26 PM
americanbankingnews.com logoLadder Capital Corp (LADR) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 12 at 8:02 AM
reuters.com logoBRIEF-Ladder Capital Q1 earnings per share view $0.33
www.reuters.com - May 11 at 11:44 PM
finance.yahoo.com logoEdited Transcript of LADR earnings conference call or presentation 9-May-17 9:00pm GMT
finance.yahoo.com - May 10 at 12:54 PM
americanbankingnews.com logoLadder Capital Corp (LADR) Announces Earnings Results
www.americanbankingnews.com - May 9 at 10:44 PM
finance.yahoo.com logoLadder Capital Corp Reports First Quarter 2017 Results
finance.yahoo.com - May 9 at 6:00 PM
finance.yahoo.com logoLadder Capital Corp Reports First Quarter 2017 Results
finance.yahoo.com - May 9 at 6:00 PM
finance.yahoo.com logoLadder Capital misses 1Q profit forecasts
finance.yahoo.com - May 9 at 6:00 PM
finance.yahoo.com logoLadder Capital misses 1Q profit forecasts
finance.yahoo.com - May 9 at 6:00 PM
americanbankingnews.com logoLadder Capital Corp (LADR) Getting Somewhat Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - May 4 at 8:22 PM
finance.yahoo.com logoLadder Capital Corp. breached its 50 day moving average in a Bearish Manner : LADR-US : May 4, 2017
finance.yahoo.com - May 4 at 11:58 AM
americanbankingnews.com logoLadder Capital Corp (LADR) Receiving Somewhat Critical Media Coverage, Analysis Shows
www.americanbankingnews.com - April 29 at 7:42 AM
americanbankingnews.com logo Analysts Expect Ladder Capital Corp (LADR) Will Announce Quarterly Sales of $59.44 Million
www.americanbankingnews.com - April 27 at 12:18 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Extremely Likely to Affect Ladder Capital Corp (LADR) Stock Price
www.americanbankingnews.com - April 25 at 4:55 PM
americanbankingnews.com logoZacks: Brokerages Expect Ladder Capital Corp (LADR) to Post $0.29 Earnings Per Share
www.americanbankingnews.com - April 25 at 4:08 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Impact Ladder Capital Corp (LADR) Stock Price
www.americanbankingnews.com - April 22 at 1:14 PM
nasdaq.com logoLadder Capital (LADR) Passes Through 8% Yield Mark
www.nasdaq.com - April 19 at 6:19 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Extremely Likely to Impact Ladder Capital Corp (LADR) Stock Price
www.americanbankingnews.com - April 18 at 2:02 PM
americanbankingnews.com logoLadder Capital Corp (LADR) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - April 17 at 9:06 AM
americanbankingnews.com logoFBR & Co Boosts Ladder Capital Corp (LADR) Price Target to $16.50
www.americanbankingnews.com - April 11 at 9:28 AM
americanbankingnews.com logoLadder Capital Corp to Post Q3 2017 Earnings of $0.36 Per Share, FBR & Co Forecasts (LADR)
www.americanbankingnews.com - April 7 at 6:42 PM
americanbankingnews.com logoQ1 2017 Earnings Estimate for Ladder Capital Corp Issued By FBR & Co (LADR)
www.americanbankingnews.com - April 6 at 1:37 PM
americanbankingnews.com logoLadder Capital Corp (LADR) Price Target Raised to $16.50
www.americanbankingnews.com - April 5 at 1:21 PM
americanbankingnews.com logoLadder Capital Corp (LADR) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - March 21 at 12:58 PM
wsj.com logo[$$] Related Cos. Takes Stake in Ladder Capital
www.wsj.com - March 1 at 11:22 AM
finance.yahoo.com logoSenior Commercial Mortgage Loan Originator Marc Waldman Joins Ladder Capital
finance.yahoo.com - February 27 at 6:24 PM
seekingalpha.com logoLadder Capital Corp (LADR)
seekingalpha.com - February 23 at 11:13 PM
finance.yahoo.com logoLadder Capital Corp to Report Fourth Quarter and Full Year 2016 Results
finance.yahoo.com - February 16 at 4:56 PM
us.rd.yahoo.com logoLadder Capital upgraded by Keefe Bruyette
us.rd.yahoo.com - December 13 at 6:40 PM
capitalcube.com logoETFs with exposure to Ladder Capital Corp. : December 8, 2016
us.rd.yahoo.com - December 8 at 6:46 PM
streetinsider.com logoLadder Capital (LADR) Prices 10M Share Secondary Stock Offering for Proceeds of ~$136M
www.streetinsider.com - December 8 at 1:27 AM
seekingalpha.com logoLadder Capital - Mixed Signals Create Opportunity
seekingalpha.com - December 7 at 8:27 PM
us.rd.yahoo.com logoLadder Capital Corp Announces Pricing of Secondary Public Offering of Class A Common Stock
us.rd.yahoo.com - December 7 at 3:27 PM
wsj.com logo[$$] Ladder Capital Prices Secondary Offering
www.wsj.com - December 7 at 3:27 PM
streetinsider.com logoLadder Capital (LADR) Reports 10M Secondary Public Offering of Common Stock by Stockholders
www.streetinsider.com - December 6 at 11:00 PM
biz.yahoo.com logoLADDER CAPITAL CORP Files SEC form 8-K/A, Results of Operations and Financial Condition, Financial Statements and Exh
biz.yahoo.com - November 4 at 8:40 AM
businesswire.com logoPeter Smith Joins TPG Real Estate Finance Trust as Managing Director and Head of Originations
www.businesswire.com - October 21 at 9:16 AM
finance.yahoo.com logoHere's How to Beat the Central Banks
finance.yahoo.com - September 21 at 4:07 PM
finance.yahoo.com logoLadder Capital Corp to Present at the JMP Securities Financial Services & Real Estate Conference
finance.yahoo.com - September 21 at 10:01 AM
seekingalpha.com logoLadder Capital: This 8% Yielder Has Room To Grow
seekingalpha.com - September 7 at 6:01 PM
cnbc.com logoLadder Capital misses 2Q profit forecasts
www.cnbc.com - August 5 at 8:56 AM
seekingalpha.com logoThirsty For Yield, Nothing Trump's This REIT
seekingalpha.com - July 20 at 8:52 AM

Social

Chart

Ladder Capital Corp (LADR) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff