(LADR) Ladder Capital - Overview
Stock: Loans, Securities, Real Estate
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 8.36% |
| Yield on Cost 5y | 13.07% |
| Yield CAGR 5y | 3.56% |
| Payout Consistency | 88.9% |
| Payout Ratio | 135.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 36.6% |
| Relative Tail Risk | -0.82% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.35 |
| Alpha | -11.62 |
| Character TTM | |
|---|---|
| Beta | 0.580 |
| Beta Downside | 0.633 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.22% |
| CAGR/Max DD | 0.23 |
Description: LADR Ladder Capital January 16, 2026
Ladder Capital Corp (NYSE:LADR) is an internally-managed REIT that generates earnings from three core segments: (1) **Loans** – originating and holding first-mortgage loans secured by cash-flowing commercial real-estate (CRE) and balance-sheet loans tied to properties in transition (lease-up, renovation, or repositioning); (2) **Securities** – investing in commercial mortgage-backed securities (CMBS), U.S. Treasury and agency bonds, corporate debt, and equity positions; and (3) **Real Estate** – owning and leasing a portfolio of commercial properties. As a REIT, LADR must distribute at least 90 % of its taxable income to avoid corporate tax.
Key performance indicators as of the most recent filing (Q4 2023) include a **dividend yield of roughly 7.5 %**, a **weighted-average loan-to-value (LTV) of 65 %**, and **net asset value (NAV) per share of $12.30**, reflecting a modest premium to its market price. The loan portfolio is concentrated in multifamily and mixed-use assets, with a **delinquency rate of 2.1 %**, well below the industry average of ~3 %.
The REIT’s outlook is tightly linked to macro-economic drivers: (i) **Federal Reserve policy** – higher short-term rates increase borrowing costs but also boost the spread on LADR’s floating-rate loan assets; (ii) **CRE market health** – office vacancy rates and retail foot traffic influence the credit quality of new loan originations; and (iii) **Supply-demand dynamics in multifamily housing**, which currently supports loan growth as rental demand remains resilient despite broader economic uncertainty.
For a deeper quantitative breakdown, you might explore ValueRay’s platform.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: 79.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -5.08 > 1.0 |
| NWC/Revenue: -111.1% < 20% (prev 1023 %; Δ -1134 % < -1%) |
| CFO/TA -0.00 > 3% & CFO -18.5m > Net Income 79.7m |
| Net Debt (2.96b) to EBITDA (293.3m): 10.10 < 3 |
| Current Ratio: 0.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (126.1m) vs 12m ago 0.17% < -2% |
| Gross Margin: 79.81% > 18% (prev 0.75%; Δ 7907 % > 0.5%) |
| Asset Turnover: 7.15% > 50% (prev 6.05%; Δ 1.10% > 0%) |
| Interest Coverage Ratio: 1.45 > 6 (EBITDA TTM 293.3m / Interest Expense TTM 180.1m) |
Altman Z'' -0.46
| A: -0.09 (Total Current Assets 63.9m - Total Current Liabilities 463.7m) / Total Assets 4.69b |
| B: -0.05 (Retained Earnings -246.7m / Total Assets 4.69b) |
| C: 0.05 (EBIT TTM 261.4m / Avg Total Assets 5.03b) |
| D: -0.08 (Book Value of Equity -249.9m / Total Liabilities 3.19b) |
| Altman-Z'' Score: -0.46 = B |
Beneish M -1.82
| DSRI: 0.01 (Receivables 14.5m/1.99b, Revenue 359.8m/325.5m) |
| GMI: 0.94 (GM 79.81% / 74.66%) |
| AQI: 4.35 (AQ_t 0.85 / AQ_t-1 0.20) |
| SGI: 1.11 (Revenue 359.8m / 325.5m) |
| TATA: 0.02 (NI 79.7m - CFO -18.5m) / TA 4.69b) |
| Beneish M-Score: -1.82 (Cap -4..+1) = B |
What is the price of LADR shares?
Over the past week, the price has changed by -6.38%, over one month by -5.69%, over three months by -0.16% and over the past year by -4.89%.
Is LADR a buy, sell or hold?
- StrongBuy: 3
- Buy: 2
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the LADR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 12.5 | 21.7% |
| Analysts Target Price | 12.5 | 21.7% |
| ValueRay Target Price | 11.6 | 12.5% |
LADR Fundamental Data Overview February 05, 2026
P/E Forward = 9.8328
P/S = 5.9338
P/B = 0.9251
P/EG = 1.89
Revenue TTM = 359.8m USD
EBIT TTM = 261.4m USD
EBITDA TTM = 293.3m USD
Long Term Debt = 2.62b USD (from longTermDebt, last quarter)
Short Term Debt = 376.9m USD (from shortTermDebt, last quarter)
Debt = 3.01b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.96b USD (from netDebt column, last quarter)
Enterprise Value = 3.98b USD (1.39b + Debt 3.01b - CCE 418.3m)
Interest Coverage Ratio = 1.45 (Ebit TTM 261.4m / Interest Expense TTM 180.1m)
EV/FCF = -234.7x (Enterprise Value 3.98b / FCF TTM -17.0m)
FCF Yield = -0.43% (FCF TTM -17.0m / Enterprise Value 3.98b)
FCF Margin = -4.71% (FCF TTM -17.0m / Revenue TTM 359.8m)
Net Margin = 22.14% (Net Income TTM 79.7m / Revenue TTM 359.8m)
Gross Margin = 79.81% ((Revenue TTM 359.8m - Cost of Revenue TTM 72.6m) / Revenue TTM)
Gross Margin QoQ = 79.56% (prev 80.05%)
Tobins Q-Ratio = 0.85 (Enterprise Value 3.98b / Total Assets 4.69b)
Interest Expense / Debt = 1.46% (Interest Expense 44.0m / Debt 3.01b)
Taxrate = 4.77% (960.0k / 20.1m)
NOPAT = 248.9m (EBIT 261.4m * (1 - 4.77%))
Current Ratio = 0.14 (Total Current Assets 63.9m / Total Current Liabilities 463.7m)
Debt / Equity = 2.01 (Debt 3.01b / totalStockholderEquity, last quarter 1.50b)
Debt / EBITDA = 10.10 (Net Debt 2.96b / EBITDA 293.3m)
Debt / FCF = -174.7 (out of range, set to none) (Net Debt 2.96b / FCF TTM -17.0m)
Total Stockholder Equity = 1.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.58% (Net Income 79.7m / Total Assets 4.69b)
RoE = 5.27% (Net Income TTM 79.7m / Total Stockholder Equity 1.51b)
RoCE = 6.33% (EBIT 261.4m / Capital Employed (Equity 1.51b + L.T.Debt 2.62b))
RoIC = 5.89% (NOPAT 248.9m / Invested Capital 4.22b)
WACC = 3.49% (E(1.39b)/V(4.40b) * Re(8.05%) + D(3.01b)/V(4.40b) * Rd(1.46%) * (1-Tc(0.05)))
Discount Rate = 8.05% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.41%
Fair Price DCF = unknown (Cash Flow -17.0m)
EPS Correlation: -58.63 | EPS CAGR: -44.66% | SUE: -4.0 | # QB: 0
Revenue Correlation: 22.27 | Revenue CAGR: 15.70% | SUE: 0.47 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.25 | Chg30d=-0.014 | Revisions Net=-1 | Analysts=7
EPS next Year (2026-12-31): EPS=1.10 | Chg30d=+0.001 | Revisions Net=+1 | Growth EPS=+20.8% | Growth Revenue=+15.0%