Ladder Capital Corp operates as a real estate investment trust in the United States. The company 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. It also invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. The Securities segment invests in commercial mortgage-backed securities and the U.S. Agency Securities. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, office buildings, a warehouse, and condominium units. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Ladder Capital Corp was founded in 2008 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:LADR
CUSIPN/A
Phone212-715-3170
Debt
Debt-to-Equity Ratio3.11
Current Ratio66.13
Quick Ratio66.13
Price-To-Earnings
Trailing P/E Ratio12.47
Forward P/E Ratio9.78
P/E Growth1.95
Sales & Book Value
Annual Sales$450.14 million
Price / Sales4.16
Cash Flow$1.8857 per share
Price / Cash8.92
Book Value$13.37 per share
Price / Book1.26
Profitability
EPS (Most Recent Fiscal Year)$1.36
Net Income$95.27 million
Net Margins27.91%
Return on Equity12.43%
Return on Assets2.96%
Miscellaneous
Employees72
Outstanding Shares111,260,000
Market Cap$1.86 billion
Ladder Capital (NYSE:LADR) Frequently Asked Questions
What is Ladder Capital's stock symbol?
Ladder Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "LADR."
How often does Ladder Capital pay dividends? What is the dividend yield for Ladder Capital?
Ladder Capital announced a quarterly dividend on Thursday, May 31st. Shareholders of record on Monday, June 11th will be paid a dividend of $0.325 per share on Monday, July 2nd. This represents a $1.30 annualized dividend and a yield of 7.73%. The ex-dividend date of this dividend is Friday, June 8th. This is a positive change from Ladder Capital's previous quarterly dividend of $0.32. View Ladder Capital's Dividend History.
How were Ladder Capital's earnings last quarter?
Ladder Capital Corp (NYSE:LADR) posted its quarterly earnings results on Tuesday, July, 31st. The real estate investment trust reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.04. The real estate investment trust earned $83.19 million during the quarter, compared to analyst estimates of $75.40 million. Ladder Capital had a return on equity of 12.43% and a net margin of 27.91%. View Ladder Capital's Earnings History.
When is Ladder Capital's next earnings date?
What price target have analysts set for LADR?
6 analysts have issued 1 year target prices for Ladder Capital's shares. Their forecasts range from $16.50 to $18.00. On average, they expect Ladder Capital's share price to reach $17.2857 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price. View Analyst Price Targets for Ladder Capital.
What is the consensus analysts' recommendation for Ladder Capital?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ladder Capital in the last year. There are currently 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ladder Capital.
Who are some of Ladder Capital's key competitors?
Some companies that are related to Ladder Capital include Gaming and Leisure Properties (GLPI), VEREIT Inc/SH SH (VER), Kilroy Realty (KRC), Lamar Advertising (LAMR), National Retail Properties (NNN), WP Carey (WPC), Kimco Realty (KIM), Apartment Investment and Management (AIV), American Homes 4 Rent (AMH), Douglas Emmett (DEI), Liberty Property Trust (LPT), CyrusOne (CONE), Omega Healthcare Investors (OHI), DCT Industrial Trust (DCT) and New Residential Investment (NRZ).
Who are Ladder Capital's key executives?
Ladder Capital's management team includes the folowing people:
- Mr. Brian Richard Harris, Chief Exec. Officer (Age 58)
- Ms. Pamela L. McCormack, Co-Founder & Pres (Age 47)
- Mr. Marc Alan Fox M.B.A., Chief Financial Officer (Age 58)
- Mr. Thomas M. Harney, Head of Merchant Banking & Capital Markets (Age 57)
- Mr. Robert M. Perelman, Head of Asset Management (Age 56)
Has Ladder Capital been receiving favorable news coverage?
News stories about LADR stock have trended somewhat positive this week, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ladder Capital earned a media and rumor sentiment score of 0.14 on Accern's scale. They also gave news headlines about the real estate investment trust an impact score of 47.78 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Ladder Capital.
Who are Ladder Capital's major shareholders?
Ladder Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.89%), Advisors Capital Management LLC (0.91%), Renaissance Technologies LLC (0.83%), Millennium Management LLC (0.82%), Bank of America Corp DE (0.66%) and Russell Investments Group Ltd. (0.62%). Company insiders that own Ladder Capital stock include Alan H Fishman, Brian Harris, Gi Partners Fund Iii Lp, Howard Park, Investor Executi Towerbrook II, Investors Ltd Towerbrook, Pamela Mccormack and Thomas Harney. View Institutional Ownership Trends for Ladder Capital.
Which institutional investors are selling Ladder Capital stock?
LADR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Russell Investments Group Ltd., Levin Capital Strategies L.P., Boston Partners, Marshall Wace LLP, WESPAC Advisors LLC, Quantitative Systematic Strategies LLC and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Ladder Capital.
Which institutional investors are buying Ladder Capital stock?
LADR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., ClariVest Asset Management LLC, Advisors Capital Management LLC, Resource America Inc., Bank of America Corp DE, United Services Automobile Association, SG Americas Securities LLC and James Investment Research Inc.. Company insiders that have bought Ladder Capital stock in the last two years include Alan H Fishman, Brian Harris, Pamela Mccormack and Thomas Harney. View Insider Buying and Selling for Ladder Capital.
How do I buy shares of Ladder Capital?
Shares of LADR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ladder Capital's stock price today?
One share of LADR stock can currently be purchased for approximately $16.82.
How big of a company is Ladder Capital?
Ladder Capital has a market capitalization of $1.86 billion and generates $450.14 million in revenue each year. The real estate investment trust earns $95.27 million in net income (profit) each year or $1.36 on an earnings per share basis. Ladder Capital employs 72 workers across the globe.
How can I contact Ladder Capital?
Ladder Capital's mailing address is 345 PARK AVENUE, NEW YORK NY, 10154. The real estate investment trust can be reached via phone at 212-715-3170 or via email at [email protected]
MarketBeat Community Rating for Ladder Capital (NYSE LADR)
MarketBeat's community ratings are surveys of what our community members think about Ladder Capital and other stocks. Vote "Outperform" if you believe LADR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LADR will underperform the S&P 500 over the long term. You may vote once every thirty days.
