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About Ladder Capital (NYSE:LADR)
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 Ratio11.35
Forward P/E Ratio9.77
P/E Growth1.95
Sales & Book Value
Annual Sales$450.14 million
Price / Sales3.81
Cash Flow$1.8840 per share
Price / Cash8.19
Book Value$13.51 per share
Price / Book1.14
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 announced a quarterly dividend on Thursday, March 1st. Stockholders of record on Monday, March 12th will be paid a dividend of $0.315 per share on Monday, April 2nd. This represents a $1.26 annualized dividend and a dividend yield of 8.17%. The ex-dividend date of this dividend is Friday, March 9th. View Ladder Capital's Dividend History.
How were Ladder Capital's earnings last quarter?
Ladder Capital (NYSE:LADR) announced its quarterly earnings data on Tuesday, February, 27th. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.01. The real estate investment trust earned $126.10 million during the quarter, compared to the consensus estimate of $71.78 million. Ladder Capital had a return on equity of 12.40% and a net margin of 24.95%. View Ladder Capital's Earnings History.
When is Ladder Capital's next earnings date?
What price target have analysts set for LADR?
5 Wall Street analysts have issued 12 month price targets for Ladder Capital's shares. Their predictions range from $16.00 to $18.00. On average, they anticipate 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 VEREIT (VER), Lamar Advertising (LAMR), Kimco Realty (KIM), Douglas Emmett (DEI), Liberty Property Trust (LPT), Apartment Investment and Management (AIV), National Retail Properties (NNN), New Residential Inv (NRZ), DCT Industrial Trust (DCT), RioCan Real Estate Investment Trust (RIOCF), Omega Healthcare Investors (OHI), American Homes 4 Rent (AMH), Starwood Property Trust (STWD), Hammerson (HMSNF) and Howard Hughes (HHC).
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, Co-Founder & Pres (Age 47)
- Mr. Marc Alan Fox M.B.A., Chief Financial Officer (Age 58)
- Mr. Kevin Moclair, Chief Accounting Officer
- Ms. Kelly Amanda Porcella, Gen. Counsel and Sec. (Age 36)
Has Ladder Capital been receiving favorable news coverage?
News headlines about LADR stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ladder Capital earned a daily sentiment score of 0.14 on Accern's scale. They also assigned media coverage about the real estate investment trust an impact score of 46.39 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
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 acquired 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 $15.43.
How big of a company is Ladder Capital?
Ladder Capital has a market capitalization of $1.71 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.
Ladder Capital (NYSE:LADR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Ladder Capital in the last 12 months. Their average twelve-month price target is $16.90, suggesting that the stock has a possible upside of 9.53%. The high price target for LADR is $18.00 and the low price target for LADR is $16.00. There are currently 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.20 | 3.25 | 3.00 | 2.80 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
1 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
1 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $16.90 | $17.00 | $16.25 | $16.25 |
| Price Target Upside: | 9.53% upside | 18.63% upside | 19.57% upside | 20.28% upside |
Ladder Capital (NYSE:LADR) Consensus Price Target History
Ladder Capital (NYSE:LADR) Analyst Ratings History
Show:
(Data available from 5/24/2016 forward)
Ladder Capital (NYSE:LADR) Dividend Information
Ladder Capital pays an annual dividend of $1.26 per share, with a dividend yield of 8.17%. LADR's most recent quarterly dividend payment was Monday, April 2. Ladder Capital pays out 92.65% of its earnings out as a dividend.
| Most Recent Dividend: | 4/2/2018 |
| Annual Dividend: | $1.26 |
| Dividend Yield: | 8.17% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio(s): | 92.65% (Trailing 12 Months of Earnings)
79.75% (Based on This Year's Estimates)
82.89% (Based on Next Year's Estimates)
66.88% (Based on Cash Flow)
|
| Frequency: | Quarterly Dividend |
Ladder Capital (NYSE:LADR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/1/2018 | quarterly | $0.3150 | 8.44% | 3/9/2018 | 3/12/2018 | 4/2/2018 |
| 11/8/2017 | quarterly | $0.3150 | 9.22% | 12/8/2017 | 12/11/2017 | 1/3/2018 |
| 8/23/2017 | quarterly | $0.30 | 8.85% | 9/8/2017 | 9/11/2017 | 10/2/2017 |
| 6/1/2017 | quarterly | $0.30 | 8.34% | 6/8/2017 | 6/12/2017 | 7/3/2017 |
| 3/2/2017 | quarterly | $0.30 | 8.21% | 3/9/2017 | 3/13/2017 | 4/3/2017 |
| 12/6/2016 | | $0.46 | | 12/22/2016 | 12/27/2016 | 1/24/2017 |
| 9/1/2016 | Quarterly | $0.2750 | | 9/8/2016 | 9/12/2016 | 10/3/2016 |
| 6/1/2016 | Quarterly | $0.2750 | | 6/9/2016 | 6/13/2016 | 7/1/2016 |
| 3/1/2016 | Quarterly | $0.2750 | | 3/8/2016 | 3/10/2016 | 4/1/2016 |
| 12/1/2015 | Quarterly | $1.45 | | 12/8/2015 | 12/10/2015 | 1/21/2016 |
| 9/1/2015 | | $0.2750 | | 9/8/2015 | 9/10/2015 | 10/1/2015 |
| 6/9/2015 | quarterly | $0.25 | 5.63% | 6/11/2015 | 6/15/2015 | 7/15/2015 |
| 6/8/2015 | | $0.25 | | 6/11/2015 | 6/15/2015 | 7/1/2015 |
| 3/12/2015 | | $0.25 | | 4/1/2015 | 4/6/2015 | 4/15/2015 |
(Data available from 1/1/2013 forward)
Ladder Capital (NYSE LADR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 12.80%
Institutional Ownership Percentage: 61.29%
Ladder Capital (NYSE LADR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/16/2018 | Thomas Harney | Insider | Buy | 3,500 | $15.02 | $52,570.00 | |  |
| 5/15/2018 | Pamela Mccormack | President | Buy | 10,000 | $14.88 | $148,800.00 | | |
| 5/7/2018 | Alan H Fishman | Chairman | Buy | 17,500 | $14.32 | $250,600.00 | 100,710 | |
| 10/10/2017 | Gi Partners Fund Iii Lp | Major Shareholder | Sell | 2,000,000 | $13.55 | $27,100,000.00 | | |
| 8/21/2017 | Brian Harris | CEO | Buy | 10,000 | $13.41 | $134,100.00 | 544,558 | |
| 3/13/2017 | Howard Park | Director | Sell | 1,113,057 | $14.05 | $15,638,450.85 | | |
| 3/13/2017 | Investor Executi Towerbrook II | Major Shareholder | Sell | 1,113,056 | $14.05 | $15,638,436.80 | | |
| 3/3/2017 | Gi Partners Fund Iii Lp | Director | Sell | 2,023,254 | $13.59 | $27,496,021.86 | | |
| 3/3/2017 | Investor Executi Towerbrook II | Major Shareholder | Sell | 1,792,169 | $13.59 | $24,355,576.71 | | |
| 12/12/2016 | Investors Ltd. Towerbrook | Major Shareholder | Sell | 4,441,661 | $13.60 | $60,406,589.60 | | |
| 8/11/2015 | Mark David Alexander | Director | Buy | 50,000 | $15.66 | $783,000.00 | | |
| 6/29/2015 | Marc Fox | CFO | Sell | 36,000 | $17.66 | $635,760.00 | | |
| 6/26/2015 | Michael Mazzei | President | Sell | 2,100 | $18.27 | $38,367.00 | | |
(Data available from 1/1/2013 forward)
Ladder Capital (NYSE LADR) News Headlines
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Ladder Capital (NYSE:LADR) SEC Filings
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Ladder Capital (NYSE:LADR) Income Statement, Balance Sheet and Cash Flow Statement
Ladder Capital (NYSE LADR) Stock Chart for Thursday, May, 24, 2018
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