Ladder Capital (LADR) Projected to Post Earnings on Thursday

Ladder Capital (NYSE:LADR) will likely be issuing its quarterly earnings data 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. Parties interested in registering for the company’s conference call can do so using this link.

Ladder Capital Stock Up 1.9 %

Shares of LADR opened at $11.29 on Wednesday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 54.44 and a current ratio of 54.44. The stock has a market capitalization of $1.44 billion, a PE ratio of 14.85 and a beta of 1.92. The company’s 50-day simple moving average is $11.38 and its 200-day simple moving average is $11.59. Ladder Capital has a 1 year low of $10.10 and a 1 year high of $12.48.

Ladder Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.23 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.92 annualized dividend and a yield of 8.15%. Ladder Capital’s dividend payout ratio (DPR) is 121.05%.

Analysts Set New Price Targets

Several research firms have commented on LADR. Keefe, Bruyette & Woods lowered their price target on shares of Ladder Capital from $13.00 to $12.75 and set an “outperform” rating for the company in a report 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 issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $13.29.

About Ladder Capital

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.