Ladder Capital (LADR) Scheduled to Post Earnings on Thursday

Ladder Capital (NYSE:LADR) will be posting its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Ladder Capital to post earnings of $0.31 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Ladder Capital (NYSE:LADR) last released its 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. Ladder Capital had a return on equity of 9.70% and a net margin of 18.92%. The company had revenue of $121.27 million for the quarter, compared to analysts’ expectations of $63.22 million. During the same quarter in the previous year, the firm posted $0.28 EPS. 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 Stock Performance

NYSE LADR opened at $10.65 on Wednesday. The company has a current ratio of 64.38, a quick ratio of 64.38 and a debt-to-equity ratio of 2.47. The business’s 50 day moving average is $10.75 and its two-hundred day moving average is $10.85. Ladder Capital has a 12-month low of $8.84 and a 12-month high of $12.00. The stock has a market capitalization 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 declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 8.64%. The ex-dividend date was Wednesday, March 27th. Ladder Capital’s dividend payout ratio (DPR) is 113.58%.

Analyst Ratings Changes

LADR has been the topic of several research analyst reports. Keefe, Bruyette & Woods decreased their price target on Ladder Capital from $12.75 to $12.50 and set an “outperform” rating on the stock in a research note on Wednesday, April 10th. TheStreet lowered Ladder Capital from a “b-” rating to a “c” rating in a research note on Thursday, February 8th. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock 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.