FY2024 EPS Forecast for Ladder Capital Decreased by Analyst

Ladder Capital Corp (NYSE:LADR) – Equities research analysts at B. Riley dropped their FY2024 earnings per share estimates for shares of Ladder Capital in a research note issued on Monday, January 27th. B. Riley analyst R. Binner now anticipates that the real estate investment trust will post earnings of $1.05 per share for the year, down from their prior forecast of $1.06. B. Riley has a “Strong-Buy” rating on the stock. The consensus estimate for Ladder Capital’s current full-year earnings is $1.04 per share. B. Riley also issued estimates for Ladder Capital’s Q1 2025 earnings at $0.22 EPS, Q2 2025 earnings at $0.28 EPS, Q3 2025 earnings at $0.29 EPS and Q4 2025 earnings at $0.33 EPS.

Separately, Keefe, Bruyette & Woods lowered their target price on Ladder Capital from $13.00 to $12.75 and set an “outperform” rating for the company in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $13.29.

Ladder Capital Price Performance

LADR stock opened at $11.06 on Tuesday. The company has a market capitalization of $1.41 billion, a P/E ratio of 14.55 and a beta of 1.92. The company has a fifty day moving average price of $11.43 and a 200-day moving average price of $11.61. The company has a debt-to-equity ratio of 2.34, a quick ratio of 54.44 and a current ratio of 54.44. Ladder Capital has a 52-week low of $10.10 and a 52-week high of $12.48.

Institutional Investors Weigh In On Ladder Capital

A number of large investors have recently bought and sold shares of LADR. Van ECK Associates Corp lifted its holdings in shares of Ladder Capital by 27.2% in the 4th quarter. Van ECK Associates Corp now owns 1,223,151 shares of the real estate investment trust’s stock worth $13,687,000 after purchasing an additional 261,681 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Ladder Capital during the fourth quarter worth $4,323,000. Longboard Asset Management LP bought a new position in shares of Ladder Capital in the fourth quarter valued at $160,000. Janney Montgomery Scott LLC acquired a new position in shares of Ladder Capital during the fourth quarter valued at about $112,000. Finally, SG Americas Securities LLC increased its position in shares of Ladder Capital by 15.9% during the fourth quarter. SG Americas Securities LLC now owns 29,424 shares of the real estate investment trust’s stock worth $329,000 after acquiring an additional 4,027 shares in the last quarter. 62.25% of the stock is currently owned by institutional investors and hedge funds.

Ladder Capital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.23 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.92 annualized dividend and a yield of 8.32%. Ladder Capital’s dividend payout ratio is currently 121.05%.

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.