Analysts Anticipate Ladder Capital Corp (LADR) to Announce $0.43 Earnings Per Share

Wall Street analysts forecast that Ladder Capital Corp (NYSE:LADR) will report earnings of $0.43 per share for the current quarter, according to Zacks. Two analysts have issued estimates for Ladder Capital’s earnings, with the highest EPS estimate coming in at $0.46 and the lowest estimate coming in at $0.39. Ladder Capital posted earnings of $0.37 per share in the same quarter last year, which would suggest a positive year over year growth rate of 16.2%. The firm is scheduled to issue its next earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that Ladder Capital will report full year earnings of $1.51 per share for the current year, with EPS estimates ranging from $1.46 to $1.55. For the next financial year, analysts expect that the firm will post earnings of $1.54 per share, with EPS estimates ranging from $1.50 to $1.59. Zacks’ EPS calculations are an average based on a survey of research firms that that provide coverage for Ladder Capital.

LADR has been the subject of several research analyst reports. Bank of America raised Ladder Capital from a “neutral” rating to a “buy” rating in a report on Tuesday, January 16th. Zacks Investment Research raised Ladder Capital from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Saturday, January 13th. B. Riley reissued a “buy” rating on shares of Ladder Capital in a report on Friday, November 3rd. ValuEngine downgraded Ladder Capital from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Finally, BidaskClub downgraded Ladder Capital from a “hold” rating to a “sell” rating in a report on Saturday, October 21st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $16.50.

Ladder Capital (LADR) traded up $0.08 during mid-day trading on Thursday, hitting $14.66. The stock had a trading volume of 125,189 shares, compared to its average volume of 1,642,613. The firm has a market capitalization of $1,602.51, a P/E ratio of 12.01, a P/E/G ratio of 2.05 and a beta of 1.04. Ladder Capital has a 1-year low of $12.82 and a 1-year high of $15.23. The company has a debt-to-equity ratio of 2.86, a current ratio of 77.86 and a quick ratio of 77.86.

Several hedge funds and other institutional investors have recently modified their holdings of LADR. BlackRock Inc. raised its position in shares of Ladder Capital by 44.3% during the second quarter. BlackRock Inc. now owns 7,115,233 shares of the real estate investment trust’s stock worth $95,416,000 after purchasing an additional 2,183,991 shares during the period. Millennium Management LLC acquired a new stake in shares of Ladder Capital during the fourth quarter worth $21,314,000. Vanguard Group Inc. raised its position in shares of Ladder Capital by 14.3% during the second quarter. Vanguard Group Inc. now owns 5,701,594 shares of the real estate investment trust’s stock worth $76,459,000 after purchasing an additional 712,583 shares during the period. Two Sigma Investments LP raised its position in shares of Ladder Capital by 660.2% during the fourth quarter. Two Sigma Investments LP now owns 812,807 shares of the real estate investment trust’s stock worth $11,079,000 after purchasing an additional 705,891 shares during the period. Finally, Boston Partners acquired a new stake in shares of Ladder Capital during the third quarter worth $8,944,000. 46.57% of the stock is owned by hedge funds and other institutional investors.

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Ladder Capital Company Profile

Ladder Capital Corp is a commercial real estate finance company. The Company’s segments include loans, securities, real estate and corporate/other. The loans segment includes mortgage loan receivables held for investment (balance sheet loans) and mortgage loan receivables held for sale (conduit loans).

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Earnings History and Estimates for Ladder Capital (NYSE:LADR)

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