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Real Estate - REIT - Mortgage - NYSE - US
$ 10.15
-4.25 %
$ 1.29 B
Market Cap
11.8
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LADR stock under the worst case scenario is HIDDEN Compared to the current market price of 10.2 USD, Ladder Capital Corp is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LADR stock under the base case scenario is HIDDEN Compared to the current market price of 10.2 USD, Ladder Capital Corp is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LADR stock under the best case scenario is HIDDEN Compared to the current market price of 10.2 USD, Ladder Capital Corp is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart LADR

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$11.8$11.8$11.6$11.6$11.4$11.4$11.2$11.2$11.0$11.0$10.8$10.8$10.6$10.6$10.4$10.4$10.2$10.2$10.0$10.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
277 M REVENUE
9.46%
98.7 M OPERATING INCOME
-20.38%
107 M NET INCOME
6.91%
134 M OPERATING CASH FLOW
-25.85%
933 M INVESTING CASH FLOW
17.55%
-797 M FINANCING CASH FLOW
-42.82%
66.9 M REVENUE
-3.53%
23.4 M OPERATING INCOME
-7.61%
31.3 M NET INCOME
12.25%
-60.1 M OPERATING CASH FLOW
-35.57%
199 M INVESTING CASH FLOW
35.48%
-492 M FINANCING CASH FLOW
-279.99%
Balance Sheet Ladder Capital Corp
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Current Assets 1.34 B
Cash & Short-Term Investments 1.32 B
Receivables 12.9 M
Other Current Assets 0
Non-Current Assets 671 M
Long-Term Investments 1.1 B
PP&E 0
Other Non-Current Assets -430 M
65.94 %54.84 %Total Assets$2.0b
Current Liabilities 31.8 M
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 31.8 M
Non-Current Liabilities 3.07 B
Long-Term Debt 3.07 B
Other Non-Current Liabilities 0
98.97 %Total Liabilities$3.1b
EFFICIENCY
Earnings Waterfall Ladder Capital Corp
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Revenue 277 M
Cost Of Revenue 0
Gross Profit 277 M
Operating Expenses 277 M
Operating Income 98.7 M
Other Expenses -8.77 M
Net Income 107 M
300m300m250m250m200m200m150m150m100m100m50m50m00277m0277m(277m)99m9m107mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
35.56% OPERATING MARGIN
35.56%
39.01% NET MARGIN
39.01%
7.05% ROE
7.05%
2.23% ROA
2.23%
4.84% ROIC
4.84%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Ladder Capital Corp
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400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 107 M
Depreciation & Amortization 30.6 M
Capital Expenditures 0
Stock-Based Compensation 18.8 M
Change in Working Capital -9.91 M
Others -36 M
Free Cash Flow 134 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Ladder Capital Corp
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Wall Street analysts predict an average 1-year price target for LADR of $13.2 , with forecasts ranging from a low of $13 to a high of $13.5 .
LADR Lowest Price Target Wall Street Target
13 USD 28.08%
LADR Average Price Target Wall Street Target
13.2 USD 30.54%
LADR Highest Price Target Wall Street Target
13.5 USD 33.00%
Price
Max Price Target
Min Price Target
Average Price Target
141413131313121212121111111110101010May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
2.06% DIVIDEND YIELD
0.23 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.5002.5002.0002.0001.5001.5001.0001.0000.5000.5000.0000.0000.2750.30.3150.340.340.20.20.230.230.230.250.250.2750.30.3250.340.20.20.220.230.230.2750.2750.30.3250.340.20.20.230.230.231.452.250.461.290.3151.210.571.540.341.350.20.940.20.800.230.890.230.910.230.920.232015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 13
6. Ownership
Insider Ownership Ladder Capital Corp
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
2.13 M USD 2
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Ladder Capital: 8% Yield, 17% Discount Make It A Buy Ladder Capital Corp offers an 8% dividend yield, backed by solid fundamentals, conservative loan underwriting, and strong liquidity, making it a compelling high-yield value opportunity. LADR's internally managed structure, low leverage, and significant insider ownership align management with shareholder interests, enhancing its appeal. LADR is well-positioned for growth with robust liquidity and plans to pivot toward higher-yielding direct lending, supported by a strong pipeline. seekingalpha.com - 3 weeks ago
Ladder Capital Corp Announces First Quarter 2025 Dividend to Holders of Class A Common Stock NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder” or the “Company”) (NYSE: LADR) today announced the declaration by its board of directors of a first quarter 2025 dividend of $0.23 per share of Class A common stock. The cash dividend is payable on April 15, 2025 to stockholders of record as of the close of business on March 31, 2025. About Ladder Ladder is a leading diversified commercial real estate finance platform that specializes in underwriting commercial real estate across the capi. businesswire.com - 1 month ago
Ladder Capital: An 8% Yielding Piggy Bank Ladder Capital delivered strong Q4 earnings, supported by a diversified commercial real estate portfolio and robust dividend coverage, trading at a discount to book value. Despite a 16% Y/Y drop in distributable earnings in Q4'24, Ladder Capital maintained its dividend and stable CECL reserves. With stable credit provisions and a dividend coverage ratio of 1.17X, shares of Ladder Capital remain attractive for dividend investors. seekingalpha.com - 1 month ago
I'm Buying Up To 9% Yield For Recurring Income Blackstone Secured Lending offers a 9.4% dividend yield, backed by a high-quality first-lien debt portfolio and a shareholder-friendly fee structure. Ladder Capital provides a diversified investment strategy with commercial loans, securities, and real estate, offering a well-covered 7.9% dividend yield. Both companies have strong balance sheets, prudent capital allocation, and seasoned leadership, helping to ensure steady cash flow and long-term value for income investors. seekingalpha.com - 1 month ago
Ladder Capital: High Margin Of Dividend Safety Ladder Capital's robust loan performance and healthy dividend coverage suggest potential for dividend growth in 2025, making it a top choice for passive income investors. Despite market stress, LADR avoided a dividend cut and maintained strong payout metrics, unlike peers such as Blackstone Mortgage Trust. The Company's book value is growing, and its current discount to book value is unjustified given its strong financial performance and improving provisions. seekingalpha.com - 2 months ago
Mom's All-Weather REIT Portfolio I created a diversified REIT portfolio for my mom, aiming for consistent income and optimized total returns, with an average dividend yield of 4.9%. Key REITs include Invitation Homes, Apple Hospitality, Realty Income, Healthpeak, Mid-America, Sun Communities, American Tower, VICI Properties, Prologis, and Ladder Capital. Each REIT was selected based on strong financial metrics, growth potential, and solid dividend yields, ensuring resilience and steady income. seekingalpha.com - 2 months ago
Ladder Capital Corp (LADR) Q4 2024 Earnings Conference Call Transcript Ladder Capital Corp (NYSE:LADR ) Q4 2024 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Pamela McCormack - President Paul Miceli - Chief Financial Officer Brian Harris - Founder & Chief Executive Officer Conference Call Participants Jade Rahmani - KBW Tom Catherwood - BTIG Steve DeLaney - Citizens JMP Operator Good morning and welcome to Ladder Capital Corp's Earnings Call for the Fourth Quarter of 2024. As a reminder, today's call is being recorded. seekingalpha.com - 2 months ago
Ladder Capital (LADR) Q4 Earnings and Revenues Beat Estimates Ladder Capital (LADR) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.32 per share a year ago. zacks.com - 2 months ago
Ladder Capital Corp Reports Results for the Quarter and Year Ended December 31, 2024 NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter and year ended December 31, 2024. GAAP income before taxes for the three months ended December 31, 2024 was $33.0 million, and diluted earnings per share (“EPS”) was $0.25. Distributable earnings was $33.6 million, or $0.27 of distributable EPS. GAAP income before taxes for the year ended December 31, 2024 was $110.9 million, and diluted earning. businesswire.com - 2 months ago
Ladder Capital Corp Announces Tax Treatment of 2024 Dividends NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder” or the “Company”) (NYSE: LADR) today announced the tax treatment of its 2024 Class A common stock dividend payments. For the tax year ended December 31, 2024, the tax treatment of distributions paid in respect of Class A common stock is as follows: Record Date Payable Date Distribution per Share Ordinary Dividends Qualified Dividends (1) Capital Gain Unrecapt. 1250 Gain (2) Return of Capital Sec. 199A Dividends (3)   Form 1099   Reference. businesswire.com - 2 months ago
Ladder Capital Corp to Report Fourth Quarter And Full Year 2024 Results NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) (“we,” “Ladder,” or the “Company”) will release its fourth quarter and full year 2024 results on Thursday, February 6, 2025 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results. The conference call can be accessed by dialing (877) 407-4018 domestic or (201) 689-8471 international. Individuals who dial in will be asked. businesswire.com - 2 months ago
3 High Yielding REITs (8%-10%) I focus on safety with high-yielding stocks, showcasing three REITs yielding 8%-10%: Ladder Capital, NewLake Capital, and Starwood Property Trust. Ladder Capital offers an 8.2% yield with a diversified portfolio, strong balance sheet, and experienced management, ensuring safety and potential 20% annual returns. NewLake Capital, a cannabis REIT, yields 10.6% with solid financials and growth prospects, despite trading OTC and working on a TSX listing. seekingalpha.com - 2 months ago
8. Profile Summary

Ladder Capital Corp LADR

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COUNTRY US
INDUSTRY REIT - Mortgage
MARKET CAP $ 1.29 B
Dividend Yield 2.06%
Description 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. It also invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. The Securities segment invests in commercial mortgage-backed securities and the U.S. Agency Securities. This segment also invests in corporate bonds and equity securities. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, office buildings, student housing portfolios, hotels, industrial buildings, shopping center, and condominium units. 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.
Contact 345 Park Avenue, New York, NY, 10154 https://www.laddercapital.com
IPO Date Feb. 6, 2014
Employees 54
Officers Mr. Brian Richard Harris Founder, Chief Executive Officer & Director Ms. Michelle Wallach Chief Compliance Officer & Senior Regulatory Counsel Ms. Pamela Lynn McCormack J.D. Founder, President & Director Mr. Paul J. Miceli CPA Chief Financial Officer Mr. Michael Scarola Chief Credit Officer Mr. Anthony V. Esposito Chief Accounting Officer & Principal Accounting Officer Mr. Michael Cafaro Chief Technology Officer Mr. Robert M. Perelman J.D. Founder & Head of Asset Management Ms. Kelly Amanda Porcella J.D. Chief Administrative Officer, General Counsel, Secretary & Head of ESG Mr. Adam Siper Head of Origination