Ladder Capital (LADR) Projected to Post Quarterly Earnings on Thursday

Ladder Capital (NYSE:LADR) is expected to be announcing its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $66.27 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Ladder Capital Trading Down 1.5 %

LADR opened at $11.05 on Tuesday. The stock has a market cap of $1.41 billion, a PE ratio of 14.53 and a beta of 1.92. The company has a quick ratio of 54.44, a current ratio of 54.44 and a debt-to-equity ratio of 2.34. The business has a 50 day moving average of $11.39 and a 200-day moving average of $11.59. Ladder Capital has a 52 week low of $10.10 and a 52 week high of $12.48.

Ladder Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 8.33%. The ex-dividend date of this dividend was Tuesday, December 31st. Ladder Capital’s payout ratio is 121.05%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Keefe, Bruyette & Woods reduced their target price on Ladder Capital from $13.00 to $12.75 and set an “outperform” rating for the company in a report on Tuesday, January 14th. B. Riley raised Ladder Capital to a “strong-buy” rating in a report on Tuesday, January 7th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $13.29.

Ladder Capital Company Profile

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.