Ladder Capital (NYSE:LADR) Downgraded by StockNews.com to Hold

StockNews.com downgraded shares of Ladder Capital (NYSE:LADR) from a buy rating to a hold rating in a research report released on Monday.

LADR has been the topic of a number of other research reports. Keefe, Bruyette & Woods cut their target price on shares of Ladder Capital from $13.00 to $12.75 and set an “outperform” rating on the stock 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. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $13.29.

Ladder Capital Stock Performance

Shares of LADR stock opened at $11.66 on Monday. Ladder Capital has a 12 month low of $10.20 and a 12 month high of $12.48. The company has a debt-to-equity ratio of 2.05, a current ratio of 38.96 and a quick ratio of 38.96. The firm has a market capitalization of $1.48 billion, a P/E ratio of 13.55 and a beta of 1.92. The company’s fifty day moving average price is $11.32 and its two-hundred day moving average price is $11.56.

Ladder Capital (NYSE:LADR) last issued its earnings results on Thursday, February 6th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.04). Ladder Capital had a net margin of 21.36% and a return on equity of 8.77%. On average, research analysts anticipate that Ladder Capital will post 1.03 earnings per share for the current fiscal year.

Ladder Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.92 annualized dividend and a yield of 7.89%. Ladder Capital’s dividend payout ratio (DPR) is 106.98%.

Institutional Investors Weigh In On Ladder Capital

Several institutional investors and hedge funds have recently bought and sold shares of the business. Creative Planning raised its stake in Ladder Capital by 2.5% during the third quarter. Creative Planning now owns 37,302 shares of the real estate investment trust’s stock worth $433,000 after acquiring an additional 909 shares during the period. Access Investment Management LLC raised its stake in Ladder Capital by 0.4% during the fourth quarter. Access Investment Management LLC now owns 284,064 shares of the real estate investment trust’s stock worth $3,179,000 after acquiring an additional 1,145 shares during the period. Capital Square LLC raised its stake in Ladder Capital by 2.6% during the third quarter. Capital Square LLC now owns 76,462 shares of the real estate investment trust’s stock worth $887,000 after acquiring an additional 1,953 shares during the period. HB Wealth Management LLC raised its stake in Ladder Capital by 13.4% during the fourth quarter. HB Wealth Management LLC now owns 17,011 shares of the real estate investment trust’s stock worth $191,000 after acquiring an additional 2,011 shares during the period. Finally, Sterling Capital Management LLC grew its position in Ladder Capital by 816.1% in the 4th quarter. Sterling Capital Management LLC now owns 3,637 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 3,240 shares during the last quarter. Institutional investors and hedge funds own 62.25% of the company’s stock.

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.