Ladder Capital (LADR) to Release Earnings on Thursday

Ladder Capital (NYSE:LADR - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect Ladder Capital to post earnings of $0.26 per share and revenue of $65.15 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Ladder Capital (NYSE:LADR - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The real estate investment trust reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.29 by ($0.04). Ladder Capital had a return on equity of 8.77% and a net margin of 21.36%. On average, analysts expect Ladder Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ladder Capital Price Performance

LADR stock traded up $0.16 during mid-day trading on Friday, hitting $10.24. 598,563 shares of the stock were exchanged, compared to its average volume of 625,311. The company has a debt-to-equity ratio of 2.05, a current ratio of 38.96 and a quick ratio of 38.96. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 11.91 and a beta of 1.44. The business has a fifty day moving average price of $11.22 and a 200 day moving average price of $11.34. Ladder Capital has a 12 month low of $9.68 and a 12 month high of $12.48.

Ladder Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.23 per share. The ex-dividend date was Monday, March 31st. This represents a $0.92 annualized dividend and a yield of 8.99%. Ladder Capital's payout ratio is 106.98%.

Analyst Ratings Changes

Several research analysts have recently issued reports on LADR shares. B. Riley upgraded shares of Ladder Capital to a "strong-buy" rating in a report on Tuesday, January 7th. StockNews.com lowered Ladder Capital from a "buy" rating to a "hold" rating in a research report on Monday, February 24th. Finally, Keefe, Bruyette & Woods reduced their target price on Ladder Capital from $12.75 to $12.00 and set an "outperform" rating on the stock in a research note on Monday, April 7th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Ladder Capital presently has an average rating of "Moderate Buy" and a consensus price target of $13.17.

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.