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Ladder Capital Corp to Report First Quarter 2024 Results
Business Wire (Thu, 18-Apr 8:15 AM ET)
Ladder Capital Corp Announces First Quarter 2024 Dividend to Holders of Class A Common Stock
Business Wire (Fri, 15-Mar 8:15 AM ET)
Ladder Capital Corp Reports Results for the Quarter and Year Ended December 31, 2023
Business Wire (Thu, 8-Feb 8:30 AM ET)
Ladder Capital Corp to Report Fourth Quarter and Year Ended 2023 Results
Business Wire (Thu, 1-Feb 4:15 PM ET)
Ladder Capital Corp Announces Tax Treatment of 2023 Dividends
Business Wire (Wed, 31-Jan 4:15 PM 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 April 18, 2024, LADR stock price climbed to $10.32 with 175,997 million shares trading.
LADR has a beta of 1.35, meaning it tends to be more sensitive to market movements. LADR has a correlation of 0.43 to the broad based SPY ETF.
LADR has a market cap of $1.31 billion. This is considered a Small Cap stock.
Last quarter Ladder Capital Class A reported $61 million in Revenue and $.32 earnings per share. This fell short of revenue expectation by $-38 million and exceeded earnings estimates by $.03.
In the last 3 years, LADR stock 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): VTI, VB, IWM, VBR, VXF.
LADR has underperformed the market in the last year with a price return of +20.9% while the SPY ETF gained +22.2%. LADR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.6% and -5.1%, respectively, while the SPY returned +6.0% and -3.9%, respectively.
LADR support price is $10.08 and resistance is $10.42 (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 stock will trade within this expected range on the day.