Ladder Capital (LSE:0JSZ) - Stock Price, News & Analysis

0JSZ Stock Overview

Operates as an internally-managed real estate investment trust in the United States.

0JSZ fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	3/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (15.2x) is below the UK market (16.5x)

Earnings are forecast to grow 11.61% per year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 8.14% is not well covered by earnings or cash flows

Ladder Capital Corp Competitors

Nationwide Building Society

LSE:NBS

UK£1.2b

BioPharma Credit

LSE:BPCR

US$1.0b

AJ Bell

LSE:AJB

UK£1.6b

JTC

LSE:JTC

UK£1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Ladder Capital
Historical stock prices
Current Share Price	US$11.27
52 Week High	US$11.93
52 Week Low	US$9.20
Beta	1.96
11 Month Change	1.99%
3 Month Change	3.58%
1 Year Change	5.72%
33 Year Change	-2.66%
5 Year Change	-30.17%
Change since IPO	-24.31%

Recent updates

Shareholder Returns

	0JSZ	GB Mortgage REITs	GB Market
7D	1.7%	0%	0%
1Y	5.7%	0%	0%

Return vs Industry: 0JSZ exceeded the UK Mortgage REITs industry which returned -2.3% over the past year.

Return vs Market: 0JSZ underperformed the UK Market which returned 8.9% over the past year.

Price Volatility

Is 0JSZ's price volatile compared to industry and market?
0JSZ volatility
0JSZ Average Weekly Movement	3.0%
Mortgage REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in GB Market	0%
10% least volatile stocks in GB Market	0%

Stable Share Price: 0JSZ has not had significant price volatility in the past 3 months.

Volatility Over Time: 0JSZ's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2008	59	Brian Harris	www.laddercapital.com

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.

Ladder Capital Corp Fundamentals Summary

How do Ladder Capital's earnings and revenue compare to its market cap?
0JSZ fundamental statistics
Market cap	US$1.44b
Earnings (TTM)	US$95.33m
Revenue (TTM)	US$255.62m

15.2x

P/E Ratio

5.7x

P/S Ratio

Is 0JSZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0JSZ income statement (TTM)
Revenue	US$255.62m
Cost of Revenue	US$62.89m
Gross Profit	US$192.72m
Other Expenses	US$97.40m
Earnings	US$95.33m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.75
Gross Margin	75.40%
Net Profit Margin	37.29%
Debt/Equity Ratio	240.6%

How did 0JSZ perform over the long term?

See historical performance and comparison

Dividends

8.1%

Current Dividend Yield

121%

Payout Ratio

Does 0JSZ pay a reliable dividends?

See 0JSZ dividend history and benchmarks

When do you need to buy 0JSZ by to receive an upcoming dividend?
Ladder Capital dividend dates
Ex Dividend Date	Jun 28 2024
Dividend Pay Date	Jul 15 2024
Days until Ex dividend	2 days
Days until Dividend pay date	19 days

Does 0JSZ pay a reliable dividends?

See 0JSZ dividend history and benchmarks

0JSZ Stock Overview

Rewards

Risk Analysis

Ladder Capital Corp Competitors

LSE:NBS

UK£1.2b

LSE:BPCR

US$1.0b

LSE:AJB

UK£1.6b

LSE:JTC

UK£1.6b

Price History & Performance

Recent News & Updates

First quarter dividend of US$0.23 announced

Ladder Capital Corp Announces Second Quarter 2024 Dividend, Payable on July 15, 2024

First quarter 2024 earnings released: EPS: US$0.13 (vs US$0.18 in 1Q 2023)

Ladder Capital Corp, Annual General Meeting, Jun 06, 2024

Ladder Capital Corp to Report Q1, 2024 Results on Apr 25, 2024

Now 21% undervalued after recent price drop

Recent updates

First quarter dividend of US$0.23 announced

Ladder Capital Corp Announces Second Quarter 2024 Dividend, Payable on July 15, 2024

First quarter 2024 earnings released: EPS: US$0.13 (vs US$0.18 in 1Q 2023)

Ladder Capital Corp, Annual General Meeting, Jun 06, 2024

Ladder Capital Corp to Report Q1, 2024 Results on Apr 25, 2024

Now 21% undervalued after recent price drop

Fourth quarter dividend of US$0.23 announced

Now 20% undervalued after recent price drop

Ladder Capital Corp Declares First Quarter 2024 Dividend on Class A Common Stock, Payable on April 15, 2024

Full year 2023 earnings released: EPS: US$0.81 (vs US$1.14 in FY 2022)

Ladder Capital Corp to Report Q4, 2023 Results on Feb 08, 2024

Upcoming dividend of US$0.23 per share at 7.8% yield

Ladder Capital Corp Announces Third Quarter 2023 Dividend , Payable on January 16, 2024

Third quarter 2023 earnings released: EPS: US$0.25 (vs US$0.23 in 3Q 2022)

Ladder Capital Corp to Report Q3, 2023 Results on Oct 26, 2023

Ladder Capital Corp Announces Third Quarter 2023 Dividend , Payable on October 16, 2023

Second quarter 2023 earnings released: EPS: US$0.23 (vs US$0.28 in 2Q 2022)

Upcoming dividend of US$0.23 per share at 8.6% yield

Ladder Capital Corp Announces Second Quarter 2023 Dividend, Payable on July 17, 2023

First quarter 2023 earnings released: EPS: US$0.18 (vs US$0.15 in 1Q 2022)

Upcoming dividend of US$0.23 per share at 10.0% yield

Full year 2022 earnings released: EPS: US$1.14 (vs US$0.46 in FY 2021)

Ladder Capital Corp to Report Q4, 2022 Results on Feb 09, 2023

Upcoming dividend of US$0.23 per share

Ladder Capital Corp Announces Dividend for the Fourth Quarter 2022, Payable on January 17, 2023

Insufficient new directors

Insufficient new directors

Ladder Capital Corp to Report Q3, 2022 Results on Oct 27, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.23 per share

Insufficient new directors

Ladder Capital Corp Declares Dividend on Class A Common Stock for Third Quarter 2022, Payable on October 17, 2022

Insufficient new directors

Second quarter 2022 earnings released: EPS: US$0.28 (vs US$0.083 in 2Q 2021)

Ladder Capital Corp to Report Q2, 2022 Results on Jul 28, 2022

Insufficient new directors

Upcoming dividend of US$0.22 per share

Investor sentiment deteriorated over the past week

Ladder Capital Corp Declares Dividend of Class A Common Stock for Second Quarter 2022, Payable on July 15, 2022

Ladder Capital Corp Appoints Anthony V. Esposito as Chief Accounting Officer and Principal Accounting Officer

First quarter 2022 earnings released: EPS: US$0.15 (vs US$0.002 in 1Q 2021)

Ladder Capital Corp to Report Q1, 2022 Results on Apr 28, 2022

Ladder Capital Corp, Annual General Meeting, Jun 02, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Ladder Capital Corp to Report Q4, 2021 Results on Feb 10, 2022

Upcoming dividend of US$0.20 per share

Third quarter 2021 earnings released: EPS US$0.15 (vs US$0.15 in 3Q 2020)

Upcoming dividend of US$0.20 per share

Second quarter 2021 earnings released: EPS US$0.083 (vs US$0.039 loss in 2Q 2020)

Executive Officer has left the company

First quarter 2021 earnings released: EPS US$0.002 (vs US$0.15 loss in 1Q 2020)

Upcoming dividend of US$0.20 per share

Chief Accounting Officer recently sold US$72k worth of stock

Ladder Capital Corp Announces First Quarter 2021 Dividend to Holders of Class A Common Stock, Payable on April 15, 2021

Full year 2020 earnings released: US$0.13 loss per share (vs US$1.16 profit in FY 2019)

Ladder Capital Corp to Report Q4, 2020 Results on Feb 25, 2021

Ladder Capital Corp Announces CFO Changes

Shareholder Returns

Price Volatility