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
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:LADR
Previous SymbolNASDAQ:LADR
CUSIPN/A
Phone212-715-3170
Debt
Debt-to-Equity Ratio3.06
Current Ratio74.92
Quick Ratio74.92
Price-To-Earnings
Trailing P/E Ratio12.69
Forward P/E Ratio10.03
P/E GrowthN/A
Sales & Book Value
Annual Sales$450.14 million
Price / Sales4.27
Cash Flow$1.8946 per share
Price / Cash Flow9.11
Book Value$13.37 per share
Price / Book1.29
Profitability
EPS (Most Recent Fiscal Year)$1.36
Net Income$95.27 million
Net Margins31.29%
Return on Equity13.85%
Return on Assets3.35%
Miscellaneous
Employees72
Outstanding Shares111,260,000
Market Cap$1.90 billion
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 declared a quarterly dividend on Monday, November 5th. Shareholders of record on Monday, December 10th will be given a dividend of $0.57 per share on Thursday, January 24th. This represents a $2.28 dividend on an annualized basis and a yield of 13.21%. The ex-dividend date of this dividend is Friday, December 7th. 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) posted its earnings results on Thursday, November, 1st. The real estate investment trust reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.18. The real estate investment trust earned $135.10 million during the quarter, compared to the consensus estimate 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 last year, the company posted $0.35 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?
7 analysts have issued 12-month target prices for Ladder Capital's stock. Their predictions range from $16.50 to $18.00. On average, they expect Ladder Capital's share price to reach $17.50 in the next year. This suggests a possible upside of 1.4% 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?
News articles about LADR stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ladder Capital earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Are investors shorting Ladder Capital?
Ladder Capital saw a drop in short interest in the month of November. As of November 30th, there was short interest totalling 1,468,427 shares, a drop of 35.5% from the November 15th total of 2,278,010 shares. Based on an average daily volume of 1,191,332 shares, the days-to-cover ratio is presently 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 Vereit (VER), Gaming and Leisure Properties (GLPI), Omega Healthcare Investors (OHI), Apartment Investment and Management (AIV), Lamar Advertising (LAMR), Kimco Realty (KIM), Macerich (MAC), Liberty Property Trust (LPT), Kilroy Realty (KRC), Store Capital (STOR), Medical Properties Trust (MPW), CyrusOne (CONE), American Homes 4 Rent (AMH), Douglas Emmett (DEI) and Starwood Property Trust (STWD).
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. Thomas M. Harney, Head of Merchant Banking & Capital Markets (Age 57)
- Mr. Robert M. Perelman, Head of Asset Management (Age 56)
Who are Ladder Capital's major shareholders?
Ladder Capital's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.91%), Vanguard Group Inc. (7.00%), Vanguard Group Inc (7.00%), Prudential Financial Inc. (3.25%), LSV Asset Management (1.58%) and TIAA CREF Investment Management LLC (0.94%). 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 major investors are selling Ladder Capital stock?
LADR stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Citadel Advisors LLC, Renaissance Technologies LLC, Yorktown Management & Research Co Inc, SG Americas Securities LLC, James Investment Research Inc., Alliancebernstein L.P. and Advisors Capital Management LLC. View Insider Buying and Selling for Ladder Capital.
Which major investors are buying Ladder Capital stock?
LADR stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Mirae Asset Global Investments Co. Ltd., Marshall Wace LLP, Nordea Investment Management AB, TIAA CREF Investment Management LLC, Hsbc Holdings PLC, Vanguard Group Inc and Vanguard Group 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 $17.26.
How big of a company is Ladder Capital?
Ladder Capital has a market capitalization of $1.90 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.
