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Tuesday, March 21, 2023

Make Sure You Stick With Ladder Capital Corp (LADR). It’s Bull Time Again

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Ladder Capital Corp (LADR) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.04, or -0.38%, to $10.35. The Ladder Capital Corp has recorded 28,595 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Ladder Capital Corp Reports Results for the Quarter and Year Ended December 31, 2022.


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Stocks Info

LADR belongs to the Real Estate sector of the NYSE while operating in the REIT – Mortgage industry. At the end of the last regular session, the stock closed at $10.39 and fluctuated between $10.89 as its day high and $10.38 as its day low. The current market capitalization of Ladder Capital Corp is $1.30B. A total of 0.91 million shares were traded on the day, compared to an average of 623.56K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, LADR has seen 10 BUY and 5 SELL insider trades, representing the acquisition of 767,216 and the disposition of 66,316 shares. Over the last 12 months, there were 11 BUYs and 12 SELLs from insiders. Insiders purchased 801,000 shares during that period but sold 224,557.

In the most recent transaction, McCormack Pamela sold 40,000 shares of LADR for 12.42 per share on Apr 14. After the transaction, the President now owns 713,209 company shares. In a previous transaction on Apr 14, Harris Brian sold 30,000 shares at 12.54 per share. LADR shares that Chief Executive Officer owns now total 1,058,482.

Among the insiders who sold shares, Porcella Kelly Amanda disposed of 20,000 shares on Apr 11 at a per-share price of $11.75. This resulted in the Chief Admin Off & Gen Counsel holding 150,594 shares of LADR after the transaction. In another insider transaction, Porcella Kelly Amanda sold 20,000 shares at $11.61 per share on Apr 08. Company shares held by the Chief Admin Off & Gen Counsel now total 170,594.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Ladder Capital Corp pays an annual dividend of $0.92, resulting in a dividend yield of 8.85%, and it has a price to earnings (P/E) ratio of 9.17. LADR’s most recent ex-dividend date was 12/29/2022 when it declared a $0.23 quarterly dividend that was paid in cash on 1/17/2023. Previously, the company paid the dividend on 10/17/2022 with an ex-dividend date of 9/29/2022. The LADR stock dividend was $0.23 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for LADR in the last 3 months, the mean price target is $12.60 with high estimates of $13.50 and low estimates of $11.50. In terms of 52-week highs and lows, LADR has a high of $12.69 and a low of $8.67.

As of this writing, LADR has an earnings estimate of $0.29 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.33 per share and a lower estimate of $0.27. The company reported an EPS of $0.27 in the last quarter, which was 12.50% higher than expectations of $0.24.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LADR is Overweight with a score of 4.00. A total of 4 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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