Ladder Capital (LADR) Stock Price, News & Analysis

Company Overview

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. 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, U.S. treasury and agency, corporate bonds, and equity securities. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, office buildings, student housing portfolios, hotels, industrial buildings, shopping center, 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. The company was founded in 2008 and is headquartered in New York, New York.

Key Stats

• Today's Range: $11.03 to $11.47
• 50-Day Range: $10.95 to $12.00
• 52-Week Range: $10.10 to $12.48
• Volume: 1.37 million shs
• Average Volume: 636,583 shs
• Market Capitalization: $1.46 billion
• P/E Ratio: 15.01
• Dividend Yield: 8.06%
• Price Target: $13.33
• Consensus Rating: Moderate Buy

Ladder Capital Stock Analysis - MarketRank™

Ladder Capital scored higher than 89% of companies evaluated by MarketBeat, and ranked 165th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ladder Capital has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Ladder Capital has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 3.77%

Earnings Growth

Earnings for Ladder Capital are expected to grow by 3.77% in the coming year, from $1.06 to $1.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ladder Capital is 15.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ladder Capital is 15.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 27.84.

Price to Book Value per Share Ratio

Ladder Capital has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.98% of the float of Ladder Capital has been sold short.

Short Interest Ratio / Days to Cover

Ladder Capital has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ladder Capital has recently increased by 12.56%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Ladder Capital is a leading dividend payer. It pays a dividend yield of 8.15%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Ladder Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ladder Capital is 121.05%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Ladder Capital will have a dividend payout ratio of 83.64% in the coming year. This indicates that Ladder Capital may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -2.30

Percentage of Shares Shorted

1.98% of the float of Ladder Capital has been sold short.

Short Interest Ratio / Days to Cover

Ladder Capital has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ladder Capital has recently increased by 12.56%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.01

News Sentiment

Ladder Capital has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Ladder Capital this week, compared to 3 articles on an average week.

Search Interest

Only 4 people have searched for LADR on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

MarketBeat Follows

2 people have added Ladder Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ladder Capital insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.00% of the stock of Ladder Capital is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

62.25% of the stock of Ladder Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LADR Stock Analysis - Frequently Asked Questions

How have LADR shares performed this year?

Ladder Capital's stock was trading at $11.51 at the start of the year. Since then, LADR shares have decreased by 0.9% and is now trading at $11.41.
View the best growth stocks for 2024 here.

How were Ladder Capital's earnings last quarter?

Ladder Capital Corp (NYSE:LADR) announced its quarterly earnings data on Thursday, October, 24th. The real estate investment trust reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.04. The real estate investment trust earned $128.64 million during the quarter, compared to analyst estimates of $60.85 million. Ladder Capital had a trailing twelve-month return on equity of 9.14% and a net margin of 18.90%.

Who are Ladder Capital's major shareholders?

Ladder Capital's top institutional shareholders include Jennison Associates LLC (5.30%), State Street Corp (2.35%), Geode Capital Management LLC (2.08%) and Principal Financial Group Inc. (1.60%). Insiders that own company stock include Brian Harris, Pamela Mccormack, Robert Perelman, Paul J Miceli and Kelly Amanda Porcella.
View institutional ownership trends.

How do I buy shares of Ladder Capital?

Shares of LADR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ladder Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ladder Capital investors own include NVIDIA (NVDA), Meta Platforms (META), Rithm Capital (RITM), JPMorgan Chase & Co. (JPM), AT&T (T), Advanced Micro Devices (AMD) and Tesla (TSLA).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Last Earnings: 10/24/2024
• Today: 12/21/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:LADR
• Previous Symbol: NASDAQ:LADR
• CUSIP: N/A
• CIK: 1577670
• Web: www.laddercapital.com
• Phone: (212) 715-3170
• Fax: N/A
• Employees: 60
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $13.33
• High Stock Price Target: $14.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: +16.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.76
• Trailing P/E Ratio: 15.01
• Forward P/E Ratio: 10.76
• P/E Growth: N/A
• Net Income: $101.12 million
• Net Margins: 18.90%
• Pretax Margin: 18.92%
• Return on Equity: 9.14%
• Return on Assets: 2.63%

Debt

• Debt-to-Equity Ratio: 2.34
• Current Ratio: 54.44
• Quick Ratio: 54.44

Sales & Book Value

• Annual Sales: $268.77 million
• Price / Sales: 5.42
• Cash Flow: $1.40 per share
• Price / Cash Flow: 8.15
• Book Value: $12.07 per share
• Price / Book: 0.95

Miscellaneous

• Outstanding Shares: 127,638,000
• Free Float: 112,321,000
• Market Cap: $1.46 billion
• Optionable: Optionable
• Beta: 1.93