Ladder Capital (LADR) Scheduled to Post Earnings on Thursday

Ladder Capital (NYSE:LADR) is set to announce its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Ladder Capital (NYSE:LADR) last posted its quarterly earnings results on Thursday, February 8th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.02. The firm had revenue of $121.27 million for the quarter, compared to analyst estimates of $63.22 million. Ladder Capital had a net margin of 18.92% and a return on equity of 9.70%. During the same quarter in the previous year, the business posted $0.28 earnings per share. 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 Trading Up 1.2 %

Ladder Capital stock opened at $10.65 on Wednesday. The firm’s 50 day moving average price is $10.75 and its two-hundred day moving average price is $10.85. Ladder Capital has a 1 year low of $8.84 and a 1 year high of $12.00. The company has a debt-to-equity ratio of 2.47, a quick ratio of 64.38 and a current ratio of 64.38. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 13.14 and a beta of 1.92.

Ladder Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 8.64%. The ex-dividend date was Wednesday, March 27th. Ladder Capital’s dividend payout ratio is 113.58%.

Analyst Ratings Changes

A number of equities analysts recently commented on LADR shares. Keefe, Bruyette & Woods decreased their price objective on shares of Ladder Capital from $12.75 to $12.50 and set an “outperform” rating for the company in a research note on Wednesday, April 10th. TheStreet lowered shares of Ladder Capital from a “b-” rating to a “c” rating in a research note on Thursday, February 8th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $12.63.

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.