The price-to-earnings ratio for Ladder Capital Corp (NYSE: LADR) is above average at 13.47x. The 36-month beta value for LADR is also noteworthy at 1.93. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for LADR is 111.75M, and at present, short sellers hold a 1.54% of that float. The average trading volume of LADR on April 25, 2024 was 616.80K shares.
LADR) stock’s latest price update
The stock of Ladder Capital Corp (NYSE: LADR) has increased by 3.86 when compared to last closing price of 10.50.Despite this, the company has seen a gain of 5.77% in its stock price over the last five trading days. Business Wire reported 2024-04-18 that NEW YORK–(BUSINESS WIRE)–Ladder Capital Corp (NYSE: LADR) (“we,” “Ladder,” or the “Company”) will release its first quarter 2024 results on Thursday, April 25, 2024 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results. The conference call can be accessed by dialing (877) 407-4018 domestic or (201) 689-8471 international. Individuals who dial in will be asked to identify thems.
LADR’s Market Performance
Ladder Capital Corp (LADR) has experienced a 5.77% rise in stock performance for the past week, with a -0.23% drop in the past month, and a -4.68% drop in the past quarter. The volatility ratio for the week is 1.53%, and the volatility levels for the past 30 days are at 1.98% for LADR. The simple moving average for the past 20 days is 2.30% for LADR’s stock, with a 0.94% simple moving average for the past 200 days.
Analysts’ Opinion of LADR
Many brokerage firms have already submitted their reports for LADR stocks, with Raymond James repeating the rating for LADR by listing it as a “Outperform.” The predicted price for LADR in the upcoming period, according to Raymond James is $12.50 based on the research report published on July 27, 2023 of the previous year 2023.
BTIG Research, on the other hand, stated in their research note that they expect to see LADR reach a price target of $10. The rating they have provided for LADR stocks is “Buy” according to the report published on April 25th, 2023.
BofA Securities gave a rating of “Neutral” to LADR, setting the target price at $11 in the report published on October 31st of the previous year.
LADR Trading at 1.55% from the 50-Day Moving Average
After a stumble in the market that brought LADR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.13% of loss for the given period.
Volatility was left at 1.98%, however, over the last 30 days, the volatility rate increased by 1.53%, as shares sank -0.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.02% upper at present.
During the last 5 trading sessions, LADR rose by +5.67%, which changed the moving average for the period of 200-days by -1.49% in comparison to the 20-day moving average, which settled at $10.66. In addition, Ladder Capital Corp saw -5.26% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LADR starting from Miceli Paul J., who purchase 993 shares at the price of $11.14 back on Jan 16 ’24. After this action, Miceli Paul J. now owns 178,098 shares of Ladder Capital Corp, valued at $11,064 using the latest closing price.
Stock Fundamentals for LADR
Current profitability levels for the company are sitting at:
- 0.81 for the present operating margin
- 0.82 for the gross margin
The net margin for Ladder Capital Corp stands at 0.38. The total capital return value is set at 0.04. Equity return is now at value 6.60, with 1.76 for asset returns.
Based on Ladder Capital Corp (LADR), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 2.24. The interest coverage ratio of the stock is 0.89.
Currently, EBITDA for the company is 123.35 million with net debt to EBITDA at 6.78. When we switch over and look at the enterprise to sales, we see a ratio of 13.16. The receivables turnover for the company is 11.1for trailing twelve months and the total asset turnover is 0.05.
Conclusion
In summary, Ladder Capital Corp (LADR) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
