Shares of Ladder Capital Corp (NYSE:LADR) have earned an average rating of “Buy” from the nine research firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $17.44.

A number of equities analysts have issued reports on LADR shares. B. Riley set a $18.00 price objective on Ladder Capital and gave the stock a “buy” rating in a report on Friday, November 2nd. Zacks Investment Research upgraded Ladder Capital from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Saturday, December 29th. Finally, JPMorgan Chase & Co. downgraded Ladder Capital from an “overweight” rating to a “neutral” rating and set a $18.00 price objective for the company. in a report on Wednesday, October 24th. They noted that the move was a valuation call.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LADR. Sei Investments Co. grew its stake in shares of Ladder Capital by 67.6% in the second quarter. Sei Investments Co. now owns 33,330 shares of the real estate investment trust’s stock worth $520,000 after acquiring an additional 13,447 shares during the last quarter. Rhumbline Advisers grew its stake in shares of Ladder Capital by 11.2% in the second quarter. Rhumbline Advisers now owns 86,158 shares of the real estate investment trust’s stock worth $1,346,000 after acquiring an additional 8,692 shares during the last quarter. State Board of Administration of Florida Retirement System purchased a new stake in shares of Ladder Capital in the second quarter worth $205,000. Bank of New York Mellon Corp grew its stake in shares of Ladder Capital by 5.8% in the second quarter. Bank of New York Mellon Corp now owns 385,699 shares of the real estate investment trust’s stock worth $6,025,000 after acquiring an additional 20,994 shares during the last quarter. Finally, Strs Ohio grew its stake in shares of Ladder Capital by 15.4% in the second quarter. Strs Ohio now owns 25,500 shares of the real estate investment trust’s stock worth $398,000 after acquiring an additional 3,400 shares during the last quarter. 52.30% of the stock is currently owned by hedge funds and other institutional investors.

LADR traded down $0.02 during trading on Friday, reaching $16.60. The stock had a trading volume of 794,280 shares, compared to its average volume of 788,797. The company has a current ratio of 74.92, a quick ratio of 74.92 and a debt-to-equity ratio of 3.06. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 12.21 and a beta of 0.90. Ladder Capital has a one year low of $13.55 and a one year high of $17.96.

Ladder Capital (NYSE:LADR) last posted its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.18. The business had revenue of $135.10 million during the quarter, compared to the consensus estimate of $72.17 million. Ladder Capital had a return on equity of 13.85% and a net margin of 31.29%. During the same quarter in the prior year, the company earned $0.35 earnings per share. On average, analysts predict that Ladder Capital will post 1.84 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 24th. Stockholders of record on Monday, December 10th will be paid a $0.57 dividend. This is a boost from Ladder Capital’s previous quarterly dividend of $0.33. This represents a $2.28 dividend on an annualized basis and a dividend yield of 13.73%. The ex-dividend date of this dividend is Friday, December 7th. Ladder Capital’s dividend payout ratio is currently 100.00%.

Ladder Capital Company Profile

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.

Featured Article: How to invest in a bear market

Analyst Recommendations for Ladder Capital (NYSE:LADR)

Receive News & Ratings for Ladder Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ladder Capital and related companies with MarketBeat.com's FREE daily email newsletter.