Wall Street analysts expect Ladder Capital Corp (NYSE:LADR) to report earnings of $0.40 per share for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Ladder Capital’s earnings. The lowest EPS estimate is $0.38 and the highest is $0.41. Ladder Capital reported earnings of $0.45 per share in the same quarter last year, which suggests a negative year over year growth rate of 11.1%. The business is expected to issue its next quarterly earnings report on Wednesday, February 26th.

According to Zacks, analysts expect that Ladder Capital will report full-year earnings of $1.60 per share for the current fiscal year, with EPS estimates ranging from $1.58 to $1.62. For the next financial year, analysts forecast that the firm will report earnings of $1.58 per share, with EPS estimates ranging from $1.46 to $1.65. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Ladder Capital.

Several research firms have issued reports on LADR. Compass Point began coverage on shares of Ladder Capital in a research note on Monday, December 2nd. They issued a “buy” rating and a $19.10 price objective for the company. Zacks Investment Research downgraded shares of Ladder Capital from a “hold” rating to a “strong sell” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $18.87.

Several institutional investors and hedge funds have recently made changes to their positions in LADR. Victory Capital Management Inc. boosted its stake in shares of Ladder Capital by 1,196.6% during the fourth quarter. Victory Capital Management Inc. now owns 891,136 shares of the real estate investment trust’s stock worth $16,352,000 after buying an additional 822,407 shares during the period. Colony Capital Inc. purchased a new position in Ladder Capital during the fourth quarter worth about $5,861,000. Advisors Capital Management LLC raised its holdings in Ladder Capital by 24.7% during the fourth quarter. Advisors Capital Management LLC now owns 1,270,309 shares of the real estate investment trust’s stock worth $22,916,000 after purchasing an additional 251,635 shares in the last quarter. Capital Square LLC purchased a new position in Ladder Capital during the fourth quarter worth about $3,388,000. Finally, Renaissance Technologies LLC raised its holdings in Ladder Capital by 85.1% during the fourth quarter. Renaissance Technologies LLC now owns 399,741 shares of the real estate investment trust’s stock worth $7,211,000 after purchasing an additional 183,800 shares in the last quarter. Institutional investors and hedge funds own 50.45% of the company’s stock.

NYSE LADR traded up $0.01 during trading hours on Friday, hitting $18.86. The company had a trading volume of 340,841 shares, compared to its average volume of 469,192. The company has a debt-to-equity ratio of 2.97, a quick ratio of 77.18 and a current ratio of 77.18. Ladder Capital has a 1-year low of $15.85 and a 1-year high of $18.97. The company has a market cap of $2.26 billion, a PE ratio of 18.67 and a beta of 0.97. The business has a 50 day moving average of $18.42 and a 200-day moving average of $17.44.

About Ladder Capital

Ladder Capital Corp operates as a real estate investment trust in the United States. The company 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.

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