Several brokerages have updated their recommendations and price targets on shares of Ladder Capital Corp (NASDAQ: LADR) in the last few weeks:

  • 9/19/2017 – Ladder Capital Corp was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Ladder Capital Corp is a commercial real estate finance company. The Company operates in three segments: Loans, Securities and Real Estate. It focused on midmarket senior secured commercial real estate first mortgage loans, investment grade-rated securities secured by first mortgage loans on commercial real estate and investing in net leased and other commercial real estate. The company also provides services of the commercial real estate industry which includes origination, credit, underwriting, structuring, capital markets and asset management. Ladder Capital Corp is headquartered in New York City. “
  • 9/15/2017 – Ladder Capital Corp was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 9/12/2017 – Ladder Capital Corp was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Ladder Capital Corp is a commercial real estate finance company. The Company operates in three segments: Loans, Securities and Real Estate. It focused on midmarket senior secured commercial real estate first mortgage loans, investment grade-rated securities secured by first mortgage loans on commercial real estate and investing in net leased and other commercial real estate. The company also provides services of the commercial real estate industry which includes origination, credit, underwriting, structuring, capital markets and asset management. Ladder Capital Corp is headquartered in New York City. “
  • 9/4/2017 – Ladder Capital Corp was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Ladder Capital Corp is a commercial real estate finance company. The Company operates in three segments: Loans, Securities and Real Estate. It focused on midmarket senior secured commercial real estate first mortgage loans, investment grade-rated securities secured by first mortgage loans on commercial real estate and investing in net leased and other commercial real estate. The company also provides services of the commercial real estate industry which includes origination, credit, underwriting, structuring, capital markets and asset management. Ladder Capital Corp is headquartered in New York City. “
  • 8/18/2017 – Ladder Capital Corp had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $16.00 price target on the stock.
  • 8/17/2017 – Ladder Capital Corp was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Ladder Capital Corp is a commercial real estate finance company. The Company operates in three segments: Loans, Securities and Real Estate. It focused on midmarket senior secured commercial real estate first mortgage loans, investment grade-rated securities secured by first mortgage loans on commercial real estate and investing in net leased and other commercial real estate. The company also provides services of the commercial real estate industry which includes origination, credit, underwriting, structuring, capital markets and asset management. Ladder Capital Corp is headquartered in New York City. “
  • 8/11/2017 – Ladder Capital Corp was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Ladder Capital Corp is a commercial real estate finance company. The Company operates in three segments: Loans, Securities and Real Estate. It focused on midmarket senior secured commercial real estate first mortgage loans, investment grade-rated securities secured by first mortgage loans on commercial real estate and investing in net leased and other commercial real estate. The company also provides services of the commercial real estate industry which includes origination, credit, underwriting, structuring, capital markets and asset management. Ladder Capital Corp is headquartered in New York City. “

Shares of Ladder Capital Corp (NASDAQ:LADR) opened at 13.61 on Friday. Ladder Capital Corp has a 52-week low of $12.14 and a 52-week high of $15.53. The stock has a market cap of $1.17 billion and a P/E ratio of 11.90. The firm has a 50-day moving average price of $13.52 and a 200-day moving average price of $13.96.

Ladder Capital Corp (NASDAQ:LADR) last issued its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.11. The company had revenue of $52.10 million for the quarter, compared to analyst estimates of $76.60 million. Ladder Capital Corp had a return on equity of 3.93% and a net margin of 15.32%. The business’s revenue for the quarter was up 32.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.32 EPS. On average, analysts anticipate that Ladder Capital Corp will post $1.46 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Monday, September 11th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 8.79%. The ex-dividend date of this dividend is Friday, September 8th.

In other news, CEO Brian Harris bought 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were acquired at an average cost of $13.41 per share, with a total value of $134,100.00. Following the transaction, the chief executive officer now owns 544,558 shares of the company’s stock, valued at approximately $7,302,522.78. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Ladder Capital Corp is a commercial real estate finance company. The Company’s segments include loans, securities, real estate and corporate/other. The loans segment includes mortgage loan receivables held for investment (balance sheet loans) and mortgage loan receivables held for sale (conduit loans).

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