Ladder Capital (NYSE:LADR) Stock Passes Below 50 Day Moving Average - Should You Sell?

Ladder Capital Corp (NYSE:LADR - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $11.45 and traded as low as $11.01. Ladder Capital shares last traded at $11.07, with a volume of 327,283 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Keefe, Bruyette & Woods dropped their price target on shares of Ladder Capital from $13.00 to $12.75 and set an "outperform" rating on the stock in a research note on Tuesday, January 14th. B. Riley raised shares of Ladder Capital to a "strong-buy" rating in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ladder Capital has a consensus rating of "Buy" and a consensus target price of $13.29.

Ladder Capital Stock Performance

The company has a debt-to-equity ratio of 2.34, a quick ratio of 54.44 and a current ratio of 54.44. The stock's 50-day simple moving average is $11.45 and its two-hundred day simple moving average is $11.62. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 14.56 and a beta of 1.92.

Ladder Capital (NYSE:LADR - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.04. The business had revenue of $128.64 million for the quarter, compared to analyst estimates of $60.85 million. Ladder Capital had a return on equity of 9.14% and a net margin of 18.90%. During the same period in the previous year, the company posted $0.28 earnings per share. Analysts forecast that Ladder Capital Corp will post 1.04 earnings per share for the current year.

Ladder Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 8.31%. The ex-dividend date was Tuesday, December 31st. Ladder Capital's dividend payout ratio is currently 121.05%.

Hedge Funds Weigh In On Ladder Capital

Several large investors have recently bought and sold shares of LADR. Quest Partners LLC increased its position in shares of Ladder Capital by 13,513.5% during the third quarter. Quest Partners LLC now owns 7,079 shares of the real estate investment trust's stock valued at $82,000 after purchasing an additional 7,027 shares during the period. Quarry LP increased its holdings in Ladder Capital by 1,832.9% in the 3rd quarter. Quarry LP now owns 8,118 shares of the real estate investment trust's stock valued at $94,000 after buying an additional 7,698 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Ladder Capital in the 4th quarter valued at $112,000. Algert Global LLC bought a new position in shares of Ladder Capital during the 2nd quarter worth about $130,000. Finally, HB Wealth Management LLC boosted its position in shares of Ladder Capital by 13.4% during the 4th quarter. HB Wealth Management LLC now owns 17,011 shares of the real estate investment trust's stock valued at $191,000 after acquiring an additional 2,011 shares in the last quarter. 62.25% of the stock is currently owned by institutional investors and hedge funds.

Ladder Capital Company Profile

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.