News headlines about Ladder Capital (NYSE:LADR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ladder Capital earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.2590821960557 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Ladder Capital Corp (LADR) Plans Quarterly Dividend of $0.33 (americanbankingnews.com)
- Ladder Capital Corp Announces Third Quarter 2018 Dividend to Holders of Class A Common Stock (finance.yahoo.com)
- This Giant 20% Yield Is Ripe For The Picking (seekingalpha.com)
- Ladder Capital Corp (LADR) Given Average Recommendation of “Buy” by Analysts (americanbankingnews.com)
LADR has been the subject of several recent research reports. ValuEngine cut shares of Ladder Capital from a “buy” rating to a “hold” rating in a report on Saturday, June 2nd. Zacks Investment Research raised shares of Ladder Capital from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Wednesday, June 20th. B. Riley set a $16.00 price target on shares of Ladder Capital and gave the stock a “buy” rating in a research report on Wednesday, May 30th. Deutsche Bank upped their price target on shares of Ladder Capital from $16.50 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, August 1st. Finally, JMP Securities upped their price target on shares of Ladder Capital from $17.00 to $17.50 and gave the stock a “market outperform” rating in a research report on Monday, August 6th. One analyst has rated the stock with a sell rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Ladder Capital currently has an average rating of “Buy” and an average target price of $17.38.
NYSE LADR traded down $0.08 on Friday, hitting $17.30. 10,250 shares of the stock were exchanged, compared to its average volume of 484,204. The company has a current ratio of 66.13, a quick ratio of 66.13 and a debt-to-equity ratio of 3.11. Ladder Capital has a 52 week low of $12.99 and a 52 week high of $17.45. The firm has a market capitalization of $1.94 billion, a P/E ratio of 12.74, a price-to-earnings-growth ratio of 2.03 and a beta of 0.97.
Ladder Capital (NYSE:LADR) last posted its quarterly earnings results on Tuesday, July 31st. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.04. The firm had revenue of $83.19 million for the quarter, compared to analyst estimates of $75.40 million. Ladder Capital had a net margin of 27.91% and a return on equity of 12.43%. research analysts anticipate that Ladder Capital will post 1.72 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 1st. Stockholders of record on Monday, September 17th will be given a $0.325 dividend. This represents a $1.30 annualized dividend and a dividend yield of 7.51%. The ex-dividend date is Friday, September 14th. Ladder Capital’s payout ratio is presently 95.59%.
About Ladder Capital
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.
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