Ladder Capital Corp (LADR) Earns Media Impact Score of 0.16
News stories about Ladder Capital Corp (NYSE:LADR) have trended somewhat positive on Friday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. 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 Corp earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 47.5954052291244 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Ladder Capital Corp (LADR) Board Approves Stock Buyback Plan (americanbankingnews.com)
- CytRx Corporation Provides Business Update and Announces New … – Markets Insider (markets.businessinsider.com)
- First Industrial – Underfollowed And Underappreciated (seekingalpha.com)
- The A-Team: End Of October 2017 Monthly Review (seekingalpha.com)
Ladder Capital Corp (NYSE LADR) opened at $13.67 on Friday. Ladder Capital Corp has a 1 year low of $12.82 and a 1 year high of $15.53. The company has a market cap of $1,510.59, a PE ratio of 9.96, a P/E/G ratio of 2.08 and a beta of 1.04. The company has a debt-to-equity ratio of 2.86, a quick ratio of 77.86 and a current ratio of 77.86.
Ladder Capital Corp (NYSE:LADR) last released its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. Ladder Capital Corp had a net margin of 27.38% and a return on equity of 9.78%. The business had revenue of $69.30 million for the quarter, compared to analyst estimates of $59.05 million. During the same period last year, the firm earned $0.40 earnings per share. analysts anticipate that Ladder Capital Corp will post 1.31 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Monday, December 11th will be given a dividend of $0.315 per share. This represents a $1.26 dividend on an annualized basis and a yield of 9.22%. This is a positive change from Ladder Capital Corp’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, December 8th. Ladder Capital Corp’s dividend payout ratio (DPR) is currently 98.36%.
Several equities analysts have recently weighed in on LADR shares. Zacks Investment Research lowered shares of Ladder Capital Corp from a “hold” rating to a “sell” rating in a research report on Monday, September 4th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $16.00 price objective on shares of Ladder Capital Corp in a research report on Friday, September 22nd. Finally, BidaskClub lowered shares of Ladder Capital Corp from a “hold” rating to a “sell” rating in a research report on Saturday, October 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $16.17.
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In other Ladder Capital Corp news, major shareholder Gi Partners Fund Iii Lp sold 2,000,000 shares of the stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $13.55, for a total transaction of $27,100,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Brian Harris acquired 10,000 shares of Ladder Capital Corp stock in a transaction on Monday, August 21st. The shares were purchased at an average price of $13.41 per share, for a total transaction of $134,100.00. Following the completion of the purchase, the chief executive officer now directly owns 544,558 shares of the company’s stock, valued at $7,302,522.78. The disclosure for this purchase can be found here. 12.50% of the stock is currently owned by company insiders.
About Ladder Capital Corp
Ladder Capital Corp is a commercial real estate finance company. The Company’s segments include loans, securities, real estate and corporate/other. The loans segment includes mortgage loan receivables held for investment (balance sheet loans) and mortgage loan receivables held for sale (conduit loans).
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