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: Capitalization:
  • Market Cap: $1.19 billion
  • Outstanding Shares: 86,050,000
Average Prices:
  • 50 Day Moving Avg: $13.65
  • 200 Day Moving Avg: $13.86
  • 52 Week Range: $12.14 - $15.53
P/E:
  • Trailing P/E Ratio: 12.05
  • Foreward P/E Ratio: 9.01
  • P/E Growth: 1.88
Sales & Book Value:
  • Annual Revenue: $325.34 million
  • Price / Sales: 3.65
  • Book Value: $13.10 per share
  • Price / Book: 1.05
Dividend:
  • Dividend Yield: 8.7%
Profitability:
  • Net Margins: 15.32%
  • Return on Equity: 3.93%
  • Return on Assets: 0.89%
Misc:
  • Average Volume: 581,974 shs.
  • Short Ratio: 2.23
 

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 Wednesday, August 23rd. Investors of record on Monday, September 11th will be given a dividend of $0.30 per share on Monday, October 2nd. This represents a $1.20 dividend on an annualized basis and a yield of 8.70%. The ex-dividend date is Friday, September 8th. View Ladder Capital Corp's Dividend History.

How were Ladder Capital Corp's earnings last quarter?

Ladder Capital Corp (NASDAQ:LADR) issued its earnings results on Wednesday, August, 2nd. The company reported $0.42 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.11. The company had revenue of $52.10 million for the quarter, compared to analyst estimates of $76.60 million. Ladder Capital Corp had a return on equity of 3.93% and a net margin of 15.32%. The firm's revenue was up 32.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 EPS. View Ladder Capital Corp's Earnings History.

When will Ladder Capital Corp make its next earnings announcement?

Ladder Capital Corp is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Ladder Capital Corp.

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

6 brokerages have issued 12-month target prices for Ladder Capital Corp's shares. Their forecasts range from $14.50 to $16.50. On average, they anticipate Ladder Capital Corp's stock price to reach $15.67 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. " (9/28/2017)
  • 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 are Ladder Capital Corp's key executives?

Ladder Capital Corp's management team includes the folowing people:

  • Pamela L. McCormack, President
  • Brian D. Harris, Chief Executive Officer, Director
  • Marc Fox, Chief Financial Officer
  • Kelly Amanda Porcella, General Counsel, Secretary
  • Thomas Harney, Head of Merchant Banking and Capital Markets
  • Robert M. Perelman, Head of Asset Management
  • Alan H. Fishman, Non-Executive Independent Chairman of the Board
  • Michael Mazzei, Director
  • Mark Alexander, Independent Director
  • Douglas Durst, Independent Director

Who owns Ladder Capital Corp stock?

Ladder Capital Corp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include GI PARTNERS FUND III LP (8.90%), OMERS ADMINISTRATION CORP (6.10%) and SeaBridge Investment Advisors LLC (0.14%). Company insiders that own Ladder Capital Corp stock include Brian Harris, 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 SeaBridge Investment Advisors 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.

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.

What is Ladder Capital Corp's stock price today?

One share of Ladder Capital Corp stock can currently be purchased for approximately $13.79.


MarketBeat Community Rating for Ladder Capital Corp (NASDAQ LADR)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  68 (Vote Outperform)
Underperform Votes:  85 (Vote Underperform)
Total Votes:  153
MarketBeat's community ratings are surveys of what our community members think about Ladder Capital Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ladder Capital Corp (NASDAQ:LADR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $15.67 (13.61% upside)
Consensus Price Target History for Ladder Capital Corp (NASDAQ:LADR)
Price Target History for Ladder Capital Corp (NASDAQ:LADR)
Analysts' Ratings History for Ladder Capital Corp (NASDAQ:LADR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/22/2017Keefe, Bruyette & WoodsReiterated RatingBuy$16.00LowView Rating Details
4/5/2017FBR & CoBoost Price TargetOutperform$16.00 -> $16.50LowView Rating Details
3/14/2017Wells Fargo & CompanyUpgradeMarket Perform -> OutperformLowView Rating Details
12/21/2016Bank of America CorporationDowngradeBuy -> NeutralN/AView Rating Details
11/16/2016JMP SecuritiesReiterated RatingBuyN/AView Rating Details
11/4/2016J P Morgan Chase & CoReiterated RatingBuy$14.50N/AView Rating Details
8/10/2016Citigroup Inc.Boost Price TargetNeutral$12.00 -> $13.00N/AView Rating Details
(Data available from 10/22/2015 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
11/1/2017N/AView Earnings Details
8/2/2017Q2 2017$0.31$0.42$76.60 million$52.10 millionViewListenView Earnings Details
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: $1.26
2018 EPS Consensus Estimate: $1.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.28$0.28$0.28
Q2 20171$0.31$0.31$0.31
Q3 20171$0.35$0.35$0.35
Q4 20171$0.32$0.32$0.32
Q1 20181$0.34$0.34$0.34
Q2 20181$0.38$0.38$0.38
Q3 20181$0.34$0.34$0.34
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
8/23/2017quarterly$0.308.85%9/8/20179/11/201710/2/2017
6/1/2017quarterly$0.308.34%6/8/20176/12/20177/3/2017
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
10/10/2017Gi Partners Fund Iii LpMajor ShareholderSell2,000,000$13.55$27,100,000.00View SEC Filing  
8/21/2017Brian HarrisCEOBuy10,000$13.41$134,100.00View SEC Filing  
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)
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Chart

Ladder Capital Corp (LADR) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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