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 announced a quarterly dividend on Monday, November 5th. Stockholders 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 dividend on an annualized basis and a dividend yield of 13.76%. The ex-dividend date of this dividend is Friday, December 7th. This is a boost 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) released its earnings results on Thursday, November, 1st. The real estate investment trust reported $0.59 EPS for the quarter, beating the consensus estimate of $0.41 by $0.18. The real estate investment trust had revenue of $135.10 million for the quarter, compared to analyst estimates of $72.17 million. Ladder Capital had a return on equity of 13.85% and a net margin of 31.29%. During the same period in the previous year, the company posted $0.35 EPS. View Ladder Capital's Earnings History.
When is Ladder Capital's next earnings date?
What price target have analysts set for LADR?
7 brokerages have issued 1 year price targets for Ladder Capital's shares. 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 a possible upside of 5.6% from the stock's current price. 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 negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 -2.0 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the next few days.
Who are some of Ladder Capital's key competitors?
Some companies that are related to Ladder Capital include Kimco Realty (KIM), Kilroy Realty (KRC), Liberty Property Trust (LPT), Store Capital (STOR), Macerich (MAC), American Homes 4 Rent (AMH), Medical Properties Trust (MPW), Douglas Emmett (DEI), American Campus Communities (ACC), Starwood Property Trust (STWD), Healthcare Trust Of America (HTA), New Residential Investment (NRZ), CubeSmart (CUBE), CyrusOne (CONE) and EPR Properties (EPR).
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 institutional and retail investors. Top institutional shareholders include Advisors Capital Management LLC (0.85%), James Investment Research Inc. (0.08%), Meeder Asset Management Inc. (0.05%), Edge Wealth Management LLC (0.05%), Fox Run Management L.L.C. (0.02%) and Strs Ohio (0.02%). 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?
Which institutional investors are buying Ladder Capital stock?
LADR stock was acquired by a variety of institutional investors in the last quarter, including James Investment Research Inc., Fox Run Management L.L.C., Edge Wealth Management LLC and Strs Ohio. 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 $16.57.
How big of a company is Ladder Capital?
Ladder Capital has a market capitalization of $1.84 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.
