Ladder CapitalLADR
Market Cap: $1.54B
About: Ladder Capital Corp is an internally-managed real estate investment trust that is in commercial real estate finance. The company originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. The company's investment activities include: (i) Primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment-grade securities secured by first mortgage loans on commercial real estate. The company has three reportable segments include loans: which derives maximum profit; securities; and real estate.
Employees: 59
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
62% more call options, than puts
Call options by funds: $843K | Put options by funds: $521K
61% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 51
1% more capital invested
Capital invested by funds: $873M [Q1] → $884M (+$11.3M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
0.89% less ownership
Funds ownership: 62.48% [Q1] → 61.59% (-0.89%) [Q2]
3% less funds holding
Funds holding: 194 [Q1] → 189 (-5) [Q2]
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
JMP Securities Steven Delaney 75% 1-year accuracy 12 / 16 met price target | 12%upside $13.50 | Market Outperform Reiterated | 30 Aug 2024 |
Keefe, Bruyette & Woods Jade Rahmani 84% 1-year accuracy 21 / 25 met price target | 8%upside $13 | Outperform Maintained | 30 Jul 2024 |
B. Riley Securities Tim Hayes 0% 1-year accuracy 0 / 1 met price target | 17%upside $14 | Buy Maintained | 29 Jul 2024 |
B of A Securities Derek Hewett 50% 1-year accuracy 2 / 4 met price target | 8%upside $13 | Neutral Maintained | 29 Jul 2024 |
JMP Securities Steven Delaney 75% 1-year accuracy 12 / 16 met price target | 12%upside $13.50 | Market Outperform Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 4 articles about LADR published over the past 30 days