Ladder Capital (NYSE:LADR) was upgraded by equities researchers at ValuEngine from a “buy” rating to a “strong-buy” rating in a report issued on Friday.

A number of other analysts also recently commented on LADR. B. Riley reaffirmed a “buy” rating on shares of Ladder Capital in a research report on Friday, November 3rd. Zacks Investment Research raised Ladder Capital from a “hold” rating to a “strong-buy” rating and set a $16.00 price target for the company in a research report on Thursday, September 28th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $16.00 price target on shares of Ladder Capital in a research report on Friday, August 18th. Finally, BidaskClub raised Ladder Capital from a “sell” rating to a “hold” rating in a research report on Friday, September 15th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $16.17.

Shares of Ladder Capital (NYSE:LADR) opened at $13.57 on Friday. The company has a market capitalization of $1,502.84, a P/E ratio of 9.91, a PEG ratio of 2.07 and a beta of 1.03. Ladder Capital has a 52 week low of $12.82 and a 52 week high of $15.53. The company has a quick ratio of 77.86, a current ratio of 77.86 and a debt-to-equity ratio of 2.86.

Ladder Capital (NYSE:LADR) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. The firm had revenue of $69.30 million during the quarter, compared to the consensus estimate of $59.05 million. Ladder Capital had a return on equity of 9.78% and a net margin of 27.38%. During the same period in the prior year, the business posted $0.40 earnings per share. equities research analysts predict that Ladder Capital will post 1.31 EPS for the current year.

In other Ladder Capital news, major shareholder Gi Partners Fund Iii Lp sold 2,000,000 shares of the stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of $13.55, for a total transaction of $27,100,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 12.50% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Evercore Wealth Management LLC bought a new position in Ladder Capital during the second quarter valued at $134,000. BNP Paribas Arbitrage SA grew its holdings in Ladder Capital by 833.1% during the second quarter. BNP Paribas Arbitrage SA now owns 10,199 shares of the real estate investment trust’s stock valued at $137,000 after purchasing an additional 9,106 shares during the period. Legal & General Group Plc grew its holdings in Ladder Capital by 6.7% during the first quarter. Legal & General Group Plc now owns 10,278 shares of the real estate investment trust’s stock valued at $148,000 after purchasing an additional 649 shares during the period. Commonwealth Equity Services Inc bought a new position in Ladder Capital during the third quarter valued at $153,000. Finally, Principal Financial Group Inc. bought a new position in Ladder Capital during the second quarter valued at $156,000. 46.25% of the stock is owned by institutional investors and hedge funds.

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About Ladder Capital

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).

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Ladder Capital (NYSE:LADR)

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