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
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone212-715-3170
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$450.14 million
Profitability
Miscellaneous
Employees72
OptionableOptionable
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 declared a quarterly dividend on Monday, November 5th. Investors of record on Monday, December 10th will be paid a dividend of $0.57 per share on Thursday, January 24th. This represents a $2.28 annualized dividend and a yield of 12.98%. The ex-dividend date of this dividend is Friday, December 7th. This is an increase from Ladder Capital's previous quarterly dividend of $0.33. View Ladder Capital's Dividend History.
How were Ladder Capital's earnings last quarter?
Ladder Capital Corp (NYSE:LADR) announced its quarterly earnings results on Thursday, November, 1st. The real estate investment trust reported $0.59 EPS for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.18. The real estate investment trust earned $135.10 million during the quarter, compared to the consensus estimate of $72.17 million. Ladder Capital had a net margin of 31.29% and a return on equity of 13.85%. During the same quarter last year, the company posted $0.35 earnings per share. View Ladder Capital's Earnings History.
When is Ladder Capital's next earnings date?
What price target have analysts set for LADR?
7 equities research analysts have issued 12 month price targets for Ladder Capital's stock. Their predictions range from $16.50 to $18.00. On average, they expect Ladder Capital's stock price to reach $17.50 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. View Analyst Price Targets for Ladder Capital.
What is the consensus analysts' recommendation for Ladder Capital?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ladder Capital in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ladder Capital.
Has Ladder Capital been receiving favorable news coverage?
Media headlines about LADR stock have trended positive this week, according to InfoTrie. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ladder Capital earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days.
Who are some of Ladder Capital's key competitors?
Some companies that are related to Ladder Capital include SL Green Realty (SLG), Lamar Advertising (LAMR), Apartment Investment and Management (AIV), Kimco Realty (KIM), Kilroy Realty (KRC), Omega Healthcare Investors (OHI), Liberty Property Trust (LPT), Store Capital (STOR), American Homes 4 Rent (AMH), Medical Properties Trust (MPW), Douglas Emmett (DEI), American Campus Communities (ACC), Macerich (MAC), CyrusOne (CONE) and Starwood Property Trust (STWD).
Who are Ladder Capital's key executives?
Ladder Capital's management team includes the folowing people:
- Mr. Brian Richard Harris, Chief Exec. Officer (Age 59)
- Ms. Pamela L. McCormack, Co-Founder & Pres (Age 48)
- Mr. Marc Alan Fox M.B.A., Chief Financial Officer (Age 59)
- Mr. Thomas M. Harney, Head of Merchant Banking & Capital Markets (Age 58)
- Mr. Robert M. Perelman, Head of Asset Management (Age 57)
Who are Ladder Capital's major shareholders?
Ladder Capital's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.20%), LSV Asset Management (2.54%), Prudential Financial Inc. (2.51%), Northern Trust Corp (1.83%), Nuveen Asset Management LLC (1.50%) and Geode Capital Management LLC (1.19%). Company insiders that own Ladder Capital stock include Alan H Fishman, Brian Harris, Gi Partners Fund Iii Lp, Howard Park, Investor Executi Towerbrook II, 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 Prudential Financial Inc., D. E. Shaw & Co. Inc., Barclays PLC, Two Sigma Advisers LP, Nisa Investment Advisors LLC, MERIAN GLOBAL INVESTORS UK Ltd, Two Sigma Investments LP and First Trust Advisors LP. View Insider Buying and Selling for Ladder Capital.
Which institutional investors are buying Ladder Capital stock?
LADR stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, LSV Asset Management, Acadian Asset Management LLC, Northern Trust Corp, Monarch Partners Asset Management LLC, Martingale Asset Management L P, BlackRock Inc. and Millennium Management LLC. 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 $17.56.
How big of a company is Ladder Capital?
Ladder Capital has a market capitalization of $1.95 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.
What is Ladder Capital's official website?
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.
