Keefe, Bruyette & Woods Lowers Ladder Capital (NYSE:LADR) Price Target to $12.00

Ladder Capital (NYSE:LADR) had its price objective dropped by investment analysts at Keefe, Bruyette & Woods from $12.75 to $12.00 in a report issued on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 20.06% from the stock’s previous close.

Other research analysts have also issued reports about the company. B. Riley raised Ladder Capital to a “strong-buy” rating in a research report on Tuesday, January 7th. StockNews.com downgraded Ladder Capital from a “buy” rating to a “hold” rating in a report on Monday, February 24th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ladder Capital currently has an average rating of “Moderate Buy” and a consensus price target of $13.17.

Ladder Capital Stock Down 1.5 %

LADR opened at $10.00 on Monday. The company has a market cap of $1.27 billion, a PE ratio of 11.62 and a beta of 1.44. The company has a debt-to-equity ratio of 2.05, a quick ratio of 38.96 and a current ratio of 38.96. Ladder Capital has a 1 year low of $9.91 and a 1 year high of $12.48. The firm has a 50 day moving average price of $11.45 and a 200 day moving average price of $11.44.

Ladder Capital (NYSE:LADR) last released its quarterly earnings data on Thursday, February 6th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.04). Ladder Capital had a return on equity of 8.77% and a net margin of 21.36%. Sell-side analysts expect that Ladder Capital will post 1.03 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LADR. Versant Capital Management Inc purchased a new stake in Ladder Capital during the 1st quarter worth approximately $38,000. Sterling Capital Management LLC boosted its stake in shares of Ladder Capital by 816.1% during the 4th quarter. Sterling Capital Management LLC now owns 3,637 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 3,240 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new stake in shares of Ladder Capital during the fourth quarter worth approximately $84,000. Janney Montgomery Scott LLC bought a new stake in shares of Ladder Capital in the fourth quarter worth $112,000. Finally, Cibc World Markets Corp bought a new stake in shares of Ladder Capital in the fourth quarter worth $119,000. Hedge funds and other institutional investors own 62.25% of the company’s stock.

Ladder Capital Company Profile

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 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.