Ladder Capital (LADR) Forecasted to Post Q1 2018 Earnings of $0.37 Per Share

Ladder Capital (NYSE:LADR) – Investment analysts at B. Riley issued their Q1 2018 earnings per share (EPS) estimates for Ladder Capital in a research note issued on Wednesday, April 18th. B. Riley analyst T. Hayes expects that the real estate investment trust will post earnings of $0.37 per share for the quarter. B. Riley has a “Buy” rating and a $16.00 price target on the stock. B. Riley also issued estimates for Ladder Capital’s Q2 2018 earnings at $0.32 EPS, Q3 2018 earnings at $0.40 EPS, Q4 2018 earnings at $0.32 EPS, FY2018 earnings at $1.39 EPS, Q1 2019 earnings at $0.40 EPS, Q2 2019 earnings at $0.32 EPS, Q3 2019 earnings at $0.41 EPS, Q4 2019 earnings at $0.33 EPS and FY2019 earnings at $1.46 EPS.

How to Become a New Pot Stock Millionaire

Several other analysts also recently issued reports on the company. ValuEngine downgraded Ladder Capital from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research downgraded Ladder Capital from a “buy” rating to a “hold” rating in a report on Saturday, March 10th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $16.50 price target on shares of Ladder Capital in a report on Thursday, March 1st. Bank of America raised their price target on Ladder Capital from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Monday, March 19th. Finally, Raymond James started coverage on Ladder Capital in a report on Tuesday, March 27th. They issued a “strong-buy” rating and a $17.50 price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $17.00.

NYSE:LADR opened at $14.12 on Friday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 62.36 and a current ratio of 62.36. Ladder Capital has a 52 week low of $12.82 and a 52 week high of $15.39. The company has a market cap of $1,573.56, a price-to-earnings ratio of 10.38, a PEG ratio of 2.03 and a beta of 0.89.

Ladder Capital (NYSE:LADR) last released its earnings results on Tuesday, February 27th. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). Ladder Capital had a return on equity of 10.30% and a net margin of 20.78%. The firm had revenue of $126.10 million for the quarter, compared to the consensus estimate of $71.78 million.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bramshill Investments LLC bought a new stake in Ladder Capital during the 4th quarter valued at $1,083,000. Millennium Management LLC acquired a new position in shares of Ladder Capital during the 4th quarter valued at $21,314,000. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Ladder Capital by 48.3% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 76,259 shares of the real estate investment trust’s stock valued at $1,040,000 after purchasing an additional 24,834 shares during the period. Teachers Advisors LLC increased its position in shares of Ladder Capital by 9.4% during the 4th quarter. Teachers Advisors LLC now owns 137,578 shares of the real estate investment trust’s stock valued at $1,875,000 after purchasing an additional 11,801 shares during the period. Finally, HBK Investments L P increased its position in shares of Ladder Capital by 36.9% during the 4th quarter. HBK Investments L P now owns 31,798 shares of the real estate investment trust’s stock valued at $433,000 after purchasing an additional 8,569 shares during the period. 49.66% of the stock is currently owned by institutional investors and hedge funds.

The business also recently declared a quarterly dividend, which was paid on Monday, April 2nd. Investors of record on Monday, March 12th were issued a $0.315 dividend. This represents a $1.26 annualized dividend and a dividend yield of 8.92%. The ex-dividend date was Friday, March 9th. Ladder Capital’s dividend payout ratio (DPR) is 92.65%.

TRADEMARK VIOLATION WARNING: This story was originally posted by Week Herald and is the sole property of of Week Herald. If you are accessing this story on another website, it was illegally copied and reposted in violation of U.S. & international copyright & trademark legislation. The correct version of this story can be viewed at https://weekherald.com/2018/04/22/ladder-capital-ladr-forecasted-to-post-q1-2018-earnings-of-0-37-per-share.html.

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.

Earnings History and Estimates 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.

Leave a Reply