Ladder Capital (LADR) Projected to Post Quarterly Earnings on Thursday

Ladder Capital (NYSE:LADR) will likely be announcing its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $66.27 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Ladder Capital Price Performance

Ladder Capital stock opened at $11.05 on Tuesday. Ladder Capital has a 52-week low of $10.10 and a 52-week high of $12.48. The company’s 50 day moving average is $11.39 and its two-hundred day moving average is $11.59. The company has a quick ratio of 54.44, a current ratio of 54.44 and a debt-to-equity ratio of 2.34. The firm has a market cap of $1.41 billion, a PE ratio of 14.53 and a beta of 1.92.

Ladder Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.33%. The ex-dividend date of this dividend was Tuesday, December 31st. Ladder Capital’s dividend payout ratio (DPR) is 121.05%.

Analyst Upgrades and Downgrades

LADR has been the subject of several recent analyst reports. Keefe, Bruyette & Woods reduced their price objective on shares of Ladder Capital from $13.00 to $12.75 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. B. Riley upgraded shares of Ladder Capital to a “strong-buy” rating in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $13.29.

Ladder Capital Company Profile

Ladder Capital Corp operates as an internally-managed real estate investment trust in the United States. It 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.