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Ladder Capital Corp (LADR)

Stock Price: $9.55 USD 0.06 (0.63%)
Updated December 2, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 1.15B
Revenue (ttm) 186.19M
Net Income (ttm) 37.92M
Shares Out 117.48M
EPS (ttm) 0.35
PE Ratio 27.29
Forward PE 9.83
Dividend $0.80
Dividend Yield 8.38%

Stock Quote

Trading Day December 2
Last Price $9.55
Previous Close $9.49
Change ($) 0.06
Change (%) 0.63%
Day's Open 9.50
Day's Range 9.43 - 9.78
Day's Volume 871,620
52-Week Range 3.24 - 17.63

More Stats

Market Cap 1.15B
Enterprise Value 4.95B
Earnings Date (est) n/a
Ex-Dividend Date Sep 9, 2020
Shares Outstanding 117.48M
Float n/a
EPS (basic) 0.34
EPS (diluted) 0.35
FCF / Share 2.14
Dividend $0.80
Dividend Yield 8.38%
Earnings Yield 3.66%
FCF Yield 21.93%
Payout Ratio 317.60%
Shares Short 1.67M
Short Ratio 1.52
Short % of Float n/a
Beta 2.42
PE Ratio 27.29
Forward PE 9.83
P/FCF Ratio 4.56
PS Ratio 6.17
PB Ratio 0.77
Revenue 186.19M
Operating Income 43.93M
Net Income 37.92M
Free Cash Flow 251.85M
Net Cash -3.80B
Net Cash / Share -31.57
Gross Margin 150.81%
Operating Margin 23.60%
Profit Margin 20.40%
FCF Margin 135.27%
ROA 0.73%
ROE 3.01%
ROIC 0.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (6)

Buy 4
Overweight 0
Hold 1
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$9.75*
(2.09% upside)
Low
7.00
Current: $9.55
High
11.50
Target: 9.75
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014201320122011
Revenue298387304279329298314248110
Revenue Growth-23%27.28%9.14%-15.3%10.24%-4.98%26.43%126.12%-
Gross Profit298387304279329298314248110
Operating Income14022813412016112419217273.24
Net Income12318095.2866.7373.8231.5619016971.72
Shares Outstanding10597.2381.9062.0051.7049.3097.15--
Earnings Per Share1.151.841.131.061.420.86---
EPS Growth-37.5%62.83%6.6%-25.35%65.12%----
Dividend Per Share1.361.541.221.292.23----
Dividend Growth-11.4%26.34%-5.45%-42.25%-----
Operating Cash Flow18320011.99338-38.31209475-116340
Capital Expenditures-15.7026.52-213-0.18-107-136-252-353-5.19
Free Cash Flow168227-201338-14672.43223-469335
Cash & Equivalents35698.4518389.4310976.2278.7445.18-
Total Debt4,8604,4544,3823,9464,2804,1962,2221,506-
Net Cash / Debt-4,504-4,355-4,200-3,856-4,171-4,120-2,143-1,461-
Assets6,6696,2736,0265,5785,8955,8143,4892,629-
Liabilities5,0304,6294,5374,0694,4044,3092,3041,531-
Book Value1,4581,4451,2359718287851,1761,098-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Ladder Capital Corp
Country United States
Employees 60
CEO Brian Harris

Stock Information

Ticker Symbol LADR
Stock Exchange NYSE
Sector Real Estate
Industry REIT-Mortgage
Unique Identifier NYSE: LADR
IPO Date February 6, 2014

Description

Ladder Capital Corp operates as a 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. It also invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. The Securities segment invests in commercial mortgage-backed securities and the U.S. Agency Securities. This segment also invests in corporate bonds and real estate related equity investments. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, student housing portfolio, industrial buildings, office buildings, shopping center, and condominium units. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2008 and is headquartered in New York, New York.