Ladder Capital Corp (NYSE:LADR) Receives Average Rating of “Buy” from Analysts

Ladder Capital Corp (NYSE:LADR) has been given a consensus recommendation of “Buy” by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $13.29.

A number of equities analysts recently weighed in on LADR shares. StockNews.com lowered shares of Ladder Capital from a “buy” rating to a “hold” rating in a research report on Monday, February 24th. Keefe, Bruyette & Woods lowered their price objective on Ladder Capital from $13.00 to $12.75 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. Finally, B. Riley raised Ladder Capital to a “strong-buy” rating in a research note on Tuesday, January 7th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP raised its holdings in shares of Ladder Capital by 77.6% in the 4th quarter. Wellington Management Group LLP now owns 2,684,772 shares of the real estate investment trust’s stock valued at $30,043,000 after buying an additional 1,172,961 shares during the period. Palogic Value Management L.P. increased its stake in Ladder Capital by 9.1% during the fourth quarter. Palogic Value Management L.P. now owns 124,235 shares of the real estate investment trust’s stock worth $1,390,000 after purchasing an additional 10,367 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Ladder Capital during the fourth quarter worth about $1,643,000. Mackenzie Financial Corp purchased a new position in shares of Ladder Capital in the fourth quarter valued at approximately $216,000. Finally, PharVision Advisers LLC purchased a new position in shares of Ladder Capital in the fourth quarter valued at approximately $407,000. 62.25% of the stock is currently owned by institutional investors and hedge funds.

Ladder Capital Stock Performance

NYSE:LADR opened at $11.43 on Thursday. The company has a fifty day moving average of $11.52 and a two-hundred day moving average of $11.50. Ladder Capital has a fifty-two week low of $10.21 and a fifty-two week high of $12.48. The stock has a market capitalization of $1.45 billion, a PE ratio of 13.29 and a beta of 1.44. 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) 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 forecast that Ladder Capital will post 1.03 earnings per share for the current fiscal year.

Ladder Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.23 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.92 annualized dividend and a yield of 8.05%. Ladder Capital’s dividend payout ratio (DPR) is presently 106.98%.

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.