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 and acquires balance sheet loans that provide interim financing to borrowers seeking short-term capital for the acquisition or transition of commercial real estate; originates conduit loans, which are first mortgage loans on commercial real estate properties for sale in commercial mortgage-backed securities securitizations; and invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. Its Securities segment invests in CMBS, U.S. Agency securities, corporate bonds, equity securities, and U.S. Treasury securities that are not classified as cash and cash equivalents. The Real Estate segment engages in net leased properties, other diversified real estate, and investments in unconsolidated ventures. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Ladder Capital Corp was founded in 2008 and is headquartered in New York, New York.
Conservative Approach | Explore Ladder Capital's resilient strategy in commercial real estate finance, managing $5.5 billion in assets with a focus on senior secured assets and low leverage |
Market Outperformance | Discover how LADR's adaptable investment strategy led to outperforming the mortgage REIT index by 801 basis points and broader REIT coverage by 116 basis points |
Financial Projections | Analysts forecast EPS of $1.24 for FY24 and $1.13 for FY25, below consensus. Learn about LADR's 7.77% dividend yield and 10-year dividend stability |
Future Prospects | Delve into LADR's potential for growth, including possible investment-grade rating achievement and expansion in originations, with price targets ranging from $13.00 to $13.50 |
Metrics to compare | LADR | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipLADRPeersSector | |
|---|---|---|---|---|
P/E Ratio | 20.7x | 12.9x | 10.2x | |
PEG Ratio | −0.51 | −0.19 | 0.03 | |
Price/Book | 0.9x | 0.6x | 1.0x | |
Price / LTM Sales | 6.2x | 5.0x | 3.0x | |
Upside (Analyst Target) | 20.1% | 35.5% | 11.6% | |
Fair Value Upside | Unlock | 14.3% | 0.7% | Unlock |