Ladder Capital (LADR) Expected to Announce Earnings on Thursday

Ladder Capital (NYSE:LADR) will likely be issuing its quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $65.15 million for the quarter.

Ladder Capital (NYSE:LADR) last issued its quarterly earnings results on Thursday, February 6th. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.04). Ladder Capital had a return on equity of 8.77% and a net margin of 21.36%. On average, analysts expect Ladder Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ladder Capital Stock Performance

Shares of LADR opened at $10.09 on Thursday. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 11.73 and a beta of 1.44. Ladder Capital has a 12 month low of $9.68 and a 12 month high of $12.48. The firm has a fifty day simple moving average of $11.28 and a 200 day simple moving average of $11.36. The company has a current ratio of 38.96, a quick ratio of 38.96 and a debt-to-equity ratio of 2.05.

Ladder Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.23 per share. The ex-dividend date was Monday, March 31st. This represents a $0.92 annualized dividend and a yield of 9.12%. Ladder Capital’s dividend payout ratio (DPR) is presently 106.98%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on LADR shares. B. Riley upgraded Ladder Capital to a “strong-buy” rating in a report on Tuesday, January 7th. StockNews.com cut Ladder Capital from a “buy” rating to a “hold” rating in a research note on Monday, February 24th. Finally, Keefe, Bruyette & Woods decreased their target price on shares of Ladder Capital from $12.75 to $12.00 and set an “outperform” rating for the company in a research note on Monday, April 7th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ladder Capital currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.17.

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.