Ladder Capital Corp operates as a real estate investment trust in the United States. More Details
+ 2 more risks
High growth potential with imperfect balance sheet.
Share Price & News
How has Ladder Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LADR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: LADR's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Mortgage REITs
1 Year Return
US Mortgage REITs
Return vs Industry: LADR underperformed the US Mortgage REITs industry which returned 66.1% over the past year.
Return vs Market: LADR underperformed the US Market which returned 51.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Ladder Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThese Analysts Think Ladder Capital Corp's (NYSE:LADR) Earnings Are Under Threat
2 months ago | Simply Wall StLadder Capital Corp (NYSE:LADR) Analysts Just Trimmed Their Revenue Forecasts By 12%
4 months ago | Simply Wall StHow Should Investors React To Ladder Capital's (NYSE:LADR) CEO Pay?
Is Ladder Capital undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LADR ($11.85) is trading below our estimate of fair value ($13.19)
Significantly Below Fair Value: LADR is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: LADR is poor value based on its PE Ratio (938.5x) compared to the US Mortgage REITs industry average (9.5x).
PE vs Market: LADR is poor value based on its PE Ratio (938.5x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: LADR is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: LADR's PB Ratio (1x) is in line with the US Mortgage REITs industry average.
How is Ladder Capital forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LADR's forecast earnings growth (193.9% per year) is above the savings rate (2%).
Earnings vs Market: LADR's earnings (193.9% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LADR's revenue (39.1% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: LADR's revenue (39.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LADR's Return on Equity is forecast to be high in 3 years time
How has Ladder Capital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LADR has a large one-off gain of $17.9M impacting its March 31 2021 financial results.
Growing Profit Margin: LADR's current net profit margins (1.2%) are lower than last year (33.7%).
Past Earnings Growth Analysis
Earnings Trend: LADR's earnings have declined by 4.9% per year over the past 5 years.
Accelerating Growth: LADR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LADR had negative earnings growth (-98.3%) over the past year, making it difficult to compare to the Mortgage REITs industry average (45.1%).
Return on Equity
High ROE: LADR's Return on Equity (0.3%) is considered low.
How is Ladder Capital's financial position?
Financial Position Analysis
Short Term Liabilities: LADR's short term assets ($3.5B) exceed its short term liabilities ($53.5M).
Long Term Liabilities: LADR's short term assets ($3.5B) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: LADR's debt to equity ratio (246%) is considered high.
Reducing Debt: LADR's debt to equity ratio has reduced from 277.3% to 246% over the past 5 years.
Debt Coverage: LADR's debt is not well covered by operating cash flow (3%).
Interest Coverage: Insufficient data to determine if LADR's interest payments on its debt are well covered by EBIT.
What is Ladder Capital current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LADR's dividend (6.75%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: LADR's dividend (6.75%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: LADR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LADR has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (4752.1%), LADR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brian Harris (60 yo)
Mr. Brian Richard Harris serves as the Chief Executive Officer of Ladder Capital Finance LLC. Mr. Harris has been the Chief Executive Officer of Ladder Capital Securities LLC since October 2009. Mr. Harris...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD10.03M) is above average for companies of similar size in the US market ($USD3.76M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
Experienced Management: LADR's management team is considered experienced (3.9 years average tenure).
Experienced Board: LADR's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LADR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.9%.
Ladder Capital Corp's company bio, employee growth, exchange listings and data sources
- Name: Ladder Capital Corp
- Ticker: LADR
- Exchange: NYSE
- Founded: 2008
- Industry: Mortgage REITs
- Sector: Diversified Financials
- Implied Market Cap: US$1.442b
- Market Cap: US$1.442b
- Shares outstanding: 126.34m
- Website: https://www.laddercapital.com
Number of Employees
- Ladder Capital Corp
- 345 Park Avenue
- 8th Floor
- New York
- New York
- United States
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 fi...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 23:36|
|End of Day Share Price||2021/05/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.