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NYSE:LADR

Ladder Capital (LADR) Stock Price, News & Analysis

$10.77
-0.19 (-1.73%)
(As of 05/29/2024 ET)
Today's Range
$10.67
$10.83
50-Day Range
$10.25
$11.54
52-Week Range
$9.08
$12.00
Volume
520,500 shs
Average Volume
593,542 shs
Market Capitalization
$1.36 billion
P/E Ratio
14.17
Dividend Yield
8.54%
Price Target
$12.63

Ladder Capital MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.3% Upside
$12.63 Price Target
Short Interest
Healthy
1.49% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.30
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
5.31%
From $1.13 to $1.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.03 out of 5 stars

Finance Sector

297th out of 874 stocks

Real Estate Investment Trusts Industry

46th out of 171 stocks

LADR stock logo

About Ladder Capital Stock (NYSE:LADR)

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. 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, U.S. treasury and agency, corporate bonds, and equity securities. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, office buildings, student housing portfolios, hotels, industrial buildings, shopping center, 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. The company was founded in 2008 and is headquartered in New York, New York.

LADR Stock Price History

LADR Stock News Headlines

Ladder Capital Corp - Ordinary Shares - Class A
Q1 2024 Ladder Capital Corp Earnings Call
Ladder Capital Q1 2024 Earnings Preview
Ladder Capital: Accumulate On Any And All Weakness
Ladder Capital Corp (LADR)
Ladder Capital Corp Class A (LADR)
Ladder Capital: Is The Dividend Safe In 2024?
Ladder Capital: The 9% Yield Is Relatively Stable
Ladder Capital Corp. Cl A
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
5/29/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Previous Symbol
NASDAQ:LADR
Fax
N/A
Employees
59
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.63
High Stock Price Target
$13.00
Low Stock Price Target
$12.50
Potential Upside/Downside
+17.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$101.12 million
Pretax Margin
18.84%

Debt

Sales & Book Value

Annual Sales
$271.90 million
Cash Flow
$1.44 per share
Book Value
$12.03 per share

Miscellaneous

Free Float
111,423,000
Market Cap
$1.36 billion
Optionable
Optionable
Beta
1.91
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Key Executives

  • Mr. Brian Richard Harris (Age 64)
    Founder, CEO & Director
    Comp: $7.79M
  • Ms. Pamela Lynn McCormackMs. Pamela Lynn McCormack (Age 54)
    Founder, President & Director
    Comp: $3.57M
  • Mr. Robert M. Perelman (Age 62)
    Founder & Head of Asset Management
    Comp: $1.16M
  • Mr. Paul J. Miceli (Age 45)
    Chief Financial Officer
    Comp: $1.33M
  • Ms. Kelly Amanda Porcella (Age 43)
    Chief Administrative Officer, General Counsel, Secretary & Head of ESG
    Comp: $909k
  • Mr. Anthony V. Esposito (Age 44)
    Chief Accounting Officer & Principal Accounting Officer
  • Mr. Michael Cafaro
    Chief Technology Officer
  • Ms. Michelle Wallach
    Chief Compliance Officer, Senior Regulatory Counsel
  • Mr. Adam Siper
    Head of Origination
  • Mr. Michael Scarola
    Chief Credit Officer

LADR Stock Analysis - Frequently Asked Questions

Should I buy or sell Ladder Capital stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ladder Capital in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LADR shares.
View LADR analyst ratings
or view top-rated stocks.

What is Ladder Capital's stock price target for 2024?

3 Wall Street analysts have issued 12 month price objectives for Ladder Capital's shares. Their LADR share price targets range from $12.50 to $13.00. On average, they anticipate the company's stock price to reach $12.63 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price.
View analysts price targets for LADR
or view top-rated stocks among Wall Street analysts.

How have LADR shares performed in 2024?

Ladder Capital's stock was trading at $11.51 at the beginning of the year. Since then, LADR shares have decreased by 6.5% and is now trading at $10.76.
View the best growth stocks for 2024 here
.

Are investors shorting Ladder Capital?

Ladder Capital saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,600,000 shares, a drop of 7.0% from the April 15th total of 1,720,000 shares. Based on an average daily trading volume, of 607,300 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.4% of the company's shares are sold short.
View Ladder Capital's Short Interest
.

When is Ladder Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our LADR earnings forecast
.

How were Ladder Capital's earnings last quarter?

Ladder Capital Corp (NYSE:LADR) announced 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 real estate investment trust earned $121.27 million during the quarter, compared to the consensus estimate of $63.22 million. Ladder Capital had a trailing twelve-month return on equity of 9.28% and a net margin of 18.10%. During the same period in the prior year, the firm posted $0.28 earnings per share.

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

Ladder Capital declared a quarterly dividend on Friday, March 15th. Investors of record on Thursday, March 28th will be paid a dividend of $0.23 per share on Monday, April 15th. This represents a $0.92 annualized dividend and a yield of 8.55%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for LADR
.

Is Ladder Capital a good dividend stock?

Ladder Capital (NYSE:LADR) pays an annual dividend of $0.92 per share and currently has a dividend yield of 8.34%. LADR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 121.05%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, LADR will have a dividend payout ratio of 77.31% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for LADR.

What other stocks do shareholders of Ladder Capital own?
Who are Ladder Capital's major shareholders?

Ladder Capital's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.87%), Jennison Associates LLC (5.00%), Principal Financial Group Inc. (1.61%), Mirae Asset Global Investments Co. Ltd. (0.75%), Van ECK Associates Corp (0.65%) and Raymond James & Associates (0.42%). Insiders that own company stock include Brian Harris, Kelly Amanda Porcella, Pamela Mccormack, Paul J Miceli and Stephen P Gottesfeld.
View institutional ownership trends
.

How do I buy shares of Ladder Capital?

Shares of LADR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LADR) was last updated on 5/29/2024 by MarketBeat.com Staff

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