A number of firms have modified their ratings and price targets on shares of Ladder Capital Corp (NASDAQ: LADR) recently:

  • 9/28/2017 – Ladder Capital Corp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $16.00 price target on the stock. 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. “
  • 9/22/2017 – 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.
  • 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. “

Ladder Capital Corp (NASDAQ LADR) opened at 13.84 on Friday. Ladder Capital Corp has a 12 month low of $12.14 and a 12 month high of $15.53. The stock has a 50 day moving average price of $13.58 and a 200 day moving average price of $13.92. The stock has a market capitalization of $1.19 billion and a P/E ratio of 12.10.

Ladder Capital Corp (NASDAQ:LADR) last posted its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.42 EPS for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.11. Ladder Capital Corp had a return on equity of 3.93% and a net margin of 15.32%. The firm had revenue of $52.10 million for the quarter, compared to analysts’ expectations of $76.60 million. During the same period last year, the firm earned $0.32 EPS. The company’s quarterly revenue was up 32.9% on a year-over-year basis. Equities analysts predict that Ladder Capital Corp will post $1.46 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 2nd. Stockholders of record on Monday, September 11th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.67%. The ex-dividend date was Friday, September 8th.

In other Ladder Capital Corp news, CEO Brian Harris bought 10,000 shares of the company’s stock in a transaction dated Monday, August 21st. The shares were purchased at an average cost of $13.41 per share, for a total transaction of $134,100.00. Following the transaction, the chief executive officer now directly owns 544,558 shares of the company’s stock, valued at $7,302,522.78. The purchase was disclosed in a filing with the SEC, which is available at 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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