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$595.14 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/1/2019 (Estimated)
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 announced a quarterly dividend on Thursday, February 28th. Investors of record on Monday, March 11th will be paid a dividend of $0.34 per share on Monday, April 1st. This represents a $1.36 dividend on an annualized basis and a dividend yield of 7.92%. The ex-dividend date is Friday, March 8th. This is a positive change 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) issued its quarterly earnings data on Wednesday, February, 27th. The real estate investment trust reported $0.45 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.02. Ladder Capital had a return on equity of 14.04% and a net margin of 26.98%. During the same quarter in the prior year, the firm earned $0.47 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?
4 brokers have issued 12 month price targets for Ladder Capital's stock. Their forecasts range from $17.00 to $18.00. On average, they anticipate Ladder Capital's stock price to reach $17.6250 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. View Analyst Price Targets for Ladder Capital.
What is the consensus analysts' recommendation for Ladder Capital?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ladder Capital in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ladder Capital.
Has Ladder Capital been receiving favorable news coverage?
Headlines about LADR stock have trended somewhat negative on Friday, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ladder Capital earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.
Are investors shorting Ladder Capital?
Ladder Capital saw a decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,542,902 shares, a decline of 34.1% from the February 28th total of 2,342,103 shares. Based on an average trading volume of 1,276,245 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.7% of the company's stock are sold short. View Ladder Capital's Current Options Chain.
Who are some of Ladder Capital's key competitors?
Some companies that are related to Ladder Capital include Lamar Advertising (LAMR), Vereit (VER), Kilroy Realty (KRC), SL Green Realty (SLG), Store Capital (STOR), Kimco Realty (KIM), Omega Healthcare Investors (OHI), Liberty Property Trust (LPT), Apartment Investment and Management (AIV), Douglas Emmett (DEI), New Residential Investment (NRZ), American Homes 4 Rent (AMH), American Campus Communities (ACC), Starwood Property Trust (STWD) and Medical Properties Trust (MPW).
What other stocks do shareholders of Ladder Capital own?
Who are Ladder Capital's key executives?
Ladder Capital's management team includes the folowing people:
- Mr. Brian Richard Harris, CEO & Director (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 a variety of of retail and institutional investors. Top institutional investors include Wiley BROS. Aintree Capital LLC (0.08%), WESPAC Advisors LLC (0.07%), Edge Wealth Management LLC (0.05%), Meeder Asset Management Inc. (0.04%), Nisa Investment Advisors LLC (0.03%) and BNP Paribas Arbitrage SA (0.03%). Company insiders that own Ladder Capital stock include Alan H Fishman, Brian Harris, Gi Partners Fund Iii Lp, Pamela Mccormack and Thomas Harney. View Institutional Ownership Trends for Ladder Capital.
Which institutional investors are selling Ladder Capital stock?
Which institutional investors are buying Ladder Capital stock?
LADR stock was bought by a variety of institutional investors in the last quarter, including Bailard Inc., Nisa Investment Advisors LLC, BNP Paribas Arbitrage SA, Edge Wealth Management LLC, Virginia Retirement Systems ET AL, Sage Capital Advisors llc and Private Capital Advisors 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 $17.17.
How big of a company is Ladder Capital?
Ladder Capital has a market capitalization of $2.06 billion and generates $595.14 million in revenue each year. The real estate investment trust earns $180.01 million in net income (profit) each year or $1.95 on an earnings per share basis.
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.
