Last $18.97 USD
Change Today +0.09 / 0.48%
Volume 20.1K
LADR On Other Exchanges
Symbol
Exchange
New York
As of 3:01 PM 11/24/14 All times are local (Market data is delayed by at least 15 minutes).

ladder capital corp-class a (LADR) Snapshot

Open
$18.84
Previous Close
$18.88
Day High
$19.04
Day Low
$18.81
52 Week High
09/23/14 - $20.13
52 Week Low
02/6/14 - $16.50
Market Cap
1.9B
Average Volume 10 Days
54.6K
EPS TTM
$1.69
Shares Outstanding
51.5M
EX-Date
--
P/E TM
11.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for LADDER CAPITAL CORP-CLASS A (LADR)

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ladder capital corp-class a (LADR) Details

Ladder Capital Corp operates as a commercial real estate finance company in the United States. The company operates through three business lines, including commercial mortgage lending, investments in securities secured by first mortgage loans, and investments in selected net leased and other commercial real estate assets. It originates conduit first mortgage loans that are secured by income-producing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real estate properties, which are undergoing transition, including lease-up, sell-out, renovation, or repositioning. The company also invests in other commercial real estate-related loans, such as note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. As of December 31, 2013, it owned and leased 34 single tenant retail properties and 333 residential condominium units. Ladder Capital Corp was founded in 2008 and is headquartered in New York, New York.

68 Employees
Last Reported Date: 11/7/14
Founded in 2008

ladder capital corp-class a (LADR) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $2.4M
President
Total Annual Compensation: $2.2M
Head of Merchant Banking and Capital Markets
Total Annual Compensation: $2.3M
Compensation as of Fiscal Year 2013.

ladder capital corp-class a (LADR) Key Developments

Ladder Capital Corp Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Ladder Capital Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company’s core earnings were $49,208,000 compared to $45,745,000 earned in the third quarter of 2013, an increase of 7.6%. Net income was $37,176,335 compared to $21,186,532 for the three months ended September 30, 2013. Core earnings were affected by the additional interest expense related to the $300 million of 5.875% senior unsecured notes issued on August 1, 2014, and reduced securitization profit margins due to credit spread widening associated with market volatility. Core EPS was $0.31. Interest income was $48,459,116 against $29,633,069 a year ago. Net interest income was $28,531,209 against $17,078,701 a year ago. Net interest income after provision for loan losses was $28,381,209 against $16,928,701 a year ago. Income before taxes was $47,511,188 against $21,850,400 a year ago. Diluted earnings per share were $0.28. For the nine months, the company’s core earnings were $166,390,000 compared to $180,306,000 for the comparable period in 2013. Interest income was $130,393,530 against $91,062,175 a year ago. Net interest income was $78,872,698 against $55,358,892 a year ago. Net interest income after provision for loan losses was $78,422,698 against $54,908,892 a year ago. Net income was $85,819,850 against $168,988,920 a year ago. Net cash provided by operating activities was $366,708,767 against $765,355,921 a year ago. Purchases of real estate and capital improvements were $128,968,131 against $158,102,978 a year ago. Core EPS was $1.04. Diluted earnings per share were $0.74.

Ladder Capital Corp to Report Q3, 2014 Results on Nov 05, 2014

Ladder Capital Corp announced that they will report Q3, 2014 results After-Market on Nov 05, 2014

Ladder Capital Corp, Q3 2014 Earnings Call, Nov 05, 2014

Ladder Capital Corp, Q3 2014 Earnings Call, Nov 05, 2014

 

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Valuation LADR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.2x
Price/Book 1.3x
Price/Cash Flow 20.2x
TEV/Sales NM Not Meaningful
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