Shares of Ladder Capital Corp (NYSE:LADR – Get Free Report) have been given a consensus rating of “Moderate Buy” by the five research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $12.00.
LADR has been the topic of a number of recent analyst reports. StockNews.com initiated coverage on Ladder Capital in a research note on Thursday, August 17th. They issued a “buy” rating on the stock. Raymond James lowered Ladder Capital from a “strong-buy” rating to an “outperform” rating and lifted their price objective for the stock from $12.00 to $12.50 in a research note on Thursday, July 27th. JMP Securities lifted their target price on Ladder Capital from $12.00 to $13.00 in a report on Thursday, July 27th. Finally, BTIG Research lifted their target price on Ladder Capital from $10.00 to $12.50 and gave the stock a “buy” rating in a report on Monday, July 24th.
Institutional Investors Weigh In On Ladder Capital
Ladder Capital Price Performance
Ladder Capital stock opened at $10.82 on Tuesday. The stock’s 50 day moving average is $10.89 and its 200 day moving average is $10.17. The company has a debt-to-equity ratio of 2.58, a current ratio of 89.10 and a quick ratio of 89.10. The firm has a market cap of $1.37 billion, a P/E ratio of 9.66 and a beta of 1.88. Ladder Capital has a one year low of $8.67 and a one year high of $11.77.
About Ladder Capital
Ladder Capital Corp operates as an internally-managed real estate investment trust in the United States. The company 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.
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