13-Dec-2024
Ladder Capital declares $0.23 dividend
Seeking Alpha News (Fri, 13-Dec 8:32 AM ET)
Ladder Capital Corp Announces Fourth Quarter 2024 Dividend to Holders of Class A Common Stock
Business Wire (Fri, 13-Dec 8:15 AM ET)
Ladder Capital Corp Reports Results for the Quarter Ended September 30, 2024
Business Wire (Thu, 24-Oct 8:30 AM ET)
Ladder Capital Corp to Report Third Quarter 2024 Results
Business Wire (Thu, 17-Oct 8:15 AM ET)
Ladder Capital Corp is an internally-managed real estate investment trust that is in commercial real estate finance. The company originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. The company's investment activities include: (i) Primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment-grade securities secured by first mortgage loans on commercial real estate. The company has three reportable segments include loans: which derives maximum profit; securities; and real estate.
Ladder Capital Class A trades on the NYSE stock market under the symbol LADR.
As of December 13, 2024, LADR stock price declined to $11.84 with 623,836 million shares trading.
LADR has a beta of 0.43, meaning it tends to be less sensitive to market movements. LADR has a correlation of 0.09 to the broad based SPY ETF.
LADR has a market cap of $1.51 billion. This is considered a Small Cap stock.
Last quarter Ladder Capital Class A reported $71 million in Revenue and $.30 earnings per share. This fell short of revenue expectation by $-14 million and exceeded earnings estimates by $.04.
In the last 3 years, LADR traded as high as $12.70 and as low as $8.67.
The top ETF exchange traded funds that LADR belongs to (by Net Assets): IWM, VTI, VB, VBR, REM.
LADR has underperformed the market in the last year with a price return of +9.9% while the SPY ETF gained +29.9%. LADR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.1% and -0.2%, respectively, while the SPY returned +7.8% and +0.3%, respectively.
LADR support price is $11.86 and resistance is $12.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LADR shares will trade within this expected range on the day.