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
SymbolNYSE:LADR
CUSIPN/A
Phone212-715-3170
Debt
Debt-to-Equity Ratio3.08
Current Ratio101.06
Quick Ratio101.06
Price-To-Earnings
Trailing P/E Ratio11.79
Forward P/E Ratio10.15
P/E Growth1.99
Sales & Book Value
Annual Sales$450.14 million
Price / Sales3.97
Cash Flow$1.9095 per share
Price / Cash8.40
Book Value$13.37 per share
Price / Book1.20
Profitability
EPS (Most Recent Fiscal Year)$1.36
Net Income$95.27 million
Net Margins24.95%
Return on Equity12.40%
Return on Assets2.95%
Miscellaneous
Employees72
Outstanding Shares111,280,000
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 Thursday, May 31st. Stockholders 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 dividend yield of 8.10%. The ex-dividend date of this dividend is Friday, June 8th. This is a boost 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) issued its quarterly earnings results on Wednesday, May, 2nd. The real estate investment trust reported $0.55 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.38 by $0.17. The real estate investment trust had revenue of $117.83 million for the quarter, compared to analyst estimates of $66.99 million. Ladder Capital had a return on equity of 12.40% and a net margin of 24.95%. During the same period in the previous year, the company posted $0.31 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?
5 brokers have issued 1-year price targets for Ladder Capital's shares. Their predictions range from $16.00 to $18.00. On average, they expect Ladder Capital's share price to reach $16.90 in the next year. View Analyst Ratings for Ladder Capital.
Who are some of Ladder Capital's key competitors?
Some companies that are related to Ladder Capital include Kimco Realty (KIM), Lamar Advertising (LAMR), Douglas Emmett (DEI), National Retail Properties (NNN), Liberty Property Trust (LPT), Apartment Investment and Management (AIV), American Homes 4 Rent (AMH), New Residential Investment (NRZ), Omega Healthcare Investors (OHI), DCT Industrial Trust (DCT), RioCan Real Estate Investment Trust (RIOCF), Starwood Property Trust (STWD), Howard Hughes (HHC), American Campus Communities (ACC) and CubeSmart (CUBE).
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, 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 negative this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ladder Capital earned a daily sentiment score of 0.00 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 45.49 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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 RELATED REAL ESTATE FUND II, L.P. (7.40%), BlackRock Inc. (6.32%), Citadel Advisors LLC (2.08%), Indaba Capital Management L.P. (2.07%), OMERS ADMINISTRATION Corp (2.01%) and UBS Group AG (2.00%). 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 Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, OMERS ADMINISTRATION Corp, Millennium Management LLC, Prudential Financial Inc., Boston Partners, BlackRock Inc., Citigroup Inc. and Global X Management Co. LLC. 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 Indaba Capital Management L.P., Citadel Advisors LLC, Interval Partners LP, Water Island Capital LLC, Alpine Associates Management Inc., State of Wisconsin Investment Board, UBS Group AG and Russell Investments Group Ltd.. 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 $16.04.
How big of a company is Ladder Capital?
Ladder Capital has a market capitalization of $1.75 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 (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.
