Ladder Capital Corp (NYSE:LADR) Given Average Rating of "Buy" by Analysts

Ladder Capital Corp (NYSE:LADR - Get Free Report) has been given an average recommendation of "Buy" by the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $13.17.

LADR has been the subject of several research analyst reports. B. Riley upgraded shares of Ladder Capital to a "strong-buy" rating in a research note on Tuesday, January 7th. Keefe, Bruyette & Woods reduced their target price on Ladder Capital from $12.75 to $12.00 and set an "outperform" rating for the company in a report on Monday, April 7th. Finally, StockNews.com cut shares of Ladder Capital from a "buy" rating to a "hold" rating in a research note on Monday, February 24th.

Ladder Capital Price Performance

Shares of Ladder Capital stock traded up $0.17 during trading on Monday, reaching $10.17. 966,598 shares of the company's stock were exchanged, compared to its average volume of 628,954. The firm's 50-day moving average price is $11.19 and its 200 day moving average price is $11.33. The company has a market cap of $1.29 billion, a P/E ratio of 11.82 and a beta of 1.44. Ladder Capital has a 1-year low of $9.68 and a 1-year high of $12.48. The company has a debt-to-equity ratio of 2.05, a quick ratio of 38.96 and a current ratio of 38.96.

Ladder Capital (NYSE:LADR - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.04). Ladder Capital had a return on equity of 8.77% and a net margin of 21.36%. As a group, research analysts anticipate that Ladder Capital will post 1.03 earnings per share for the current year.

Ladder Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 9.05%. The ex-dividend date of this dividend was Monday, March 31st. Ladder Capital's dividend payout ratio is presently 106.98%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Access Investment Management LLC grew its holdings in Ladder Capital by 0.4% in the 4th quarter. Access Investment Management LLC now owns 284,064 shares of the real estate investment trust's stock worth $3,179,000 after acquiring an additional 1,145 shares during the last quarter. HB Wealth Management LLC lifted its holdings in Ladder Capital by 13.4% in the 4th quarter. HB Wealth Management LLC now owns 17,011 shares of the real estate investment trust's stock worth $191,000 after buying an additional 2,011 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in shares of Ladder Capital by 4.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 49,336 shares of the real estate investment trust's stock worth $563,000 after purchasing an additional 2,251 shares during the period. Sterling Capital Management LLC raised its holdings in Ladder Capital by 816.1% in the fourth quarter. Sterling Capital Management LLC now owns 3,637 shares of the real estate investment trust's stock worth $41,000 after purchasing an additional 3,240 shares in the last quarter. Finally, Capital Square LLC raised its holdings in Ladder Capital by 4.3% in the fourth quarter. Capital Square LLC now owns 79,713 shares of the real estate investment trust's stock worth $882,000 after purchasing an additional 3,251 shares in the last quarter. Institutional investors own 62.25% of the company's stock.

About Ladder Capital

Ladder Capital Corp operates as an internally-managed real estate investment trust in the United States. It 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.