Analysts Are Bullish on These Real Estate Stocks: Ladder Capital (LADR), Independence Realty (IRT)
TipRanks (Fri, 26-Apr 1:48 AM ET)
KBW Sticks to Their Buy Rating for Ladder Capital (LADR)
TipRanks (Fri, 26-Apr 1:28 AM ET)
Ladder Capital Corp Reports Results for the Quarter Ended March 31, 2024
Business Wire (Thu, 25-Apr 8:30 AM ET)
Ladder Capital Corp to Report First Quarter 2024 Results
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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 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 May 1, 2024, LADR stock price climbed to $10.85 with 45,147 million shares trading.
LADR has a beta of 1.29, 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 $1.39 billion. This is considered a Small Cap stock.
Last quarter Ladder Capital Class A reported $69 million in Revenue and $.33 earnings per share. This fell short of revenue expectation by $-28 million and exceeded earnings estimates by $.04.
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 outperformed the market in the last year with a price return of +25.9% while the SPY ETF gained +22.0%. However, in the short term, LADR had mixed performance relative to the market. It has underperformed in the last 3 months, returning -2.9% vs +2.3% return in SPY. But in the last 2 weeks, LADR shares have fared better than the market returning +5.8% compared to SPY -0.6%.
LADR support price is $10.57 and resistance is $10.89 (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.