Ladder Capital (NYSE:LADR) Releases Quarterly Earnings Results

Ladder Capital (NYSE:LADR) released its earnings results on Thursday. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.22, FiscalAI reports. Ladder Capital had a return on equity of 5.89% and a net margin of 16.44%.The business had revenue of $51.88 million for the quarter, compared to analyst estimates of $57.03 million. During the same quarter in the previous year, the company posted $0.20 earnings per share.

Here are the key takeaways from Ladder Capital’s conference call:

• Distributable Earnings of $28 million ($0.22 per share) were reported and management expects Distributable Earnings to exceed the dividend as soon as next quarter.
• The company has rapidly expanded its loan book—nearly 60% growth since March 31, 2025—with balance‑sheet loans now ~46% of assets and ~ $900 million deployed in Q1 (>$620M in new loans), with strong early Q2 momentum.
• Liquidity and funding improved materially—$675 million of new unsecured capital commitments, revolver expanded to $1.25B, a $275M delayed‑draw term loan (140 bps over SOFR), an S&P upgrade to BB+, and roughly $1.1 billion of same‑day liquidity.
• Credit actions included resolution of three foreclosed assets (aggregate carrying values ~$80 million) and one remaining non‑accrual of ~$51M; management maintains a $47 million CECL reserve and says it is sufficient.
• Management says macro volatility and geopolitical uncertainty are creating selective opportunities (including in office), but remains cautious and expects broader conduit/refinance market normalization to be gradual (potentially into 2027).

Ladder Capital Stock Performance

Shares of LADR opened at $10.36 on Friday. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 20.30, a PEG ratio of 0.85 and a beta of 1.00. The company has a quick ratio of 29.65, a current ratio of 29.65 and a debt-to-equity ratio of 2.37. The business’s 50 day moving average is $10.15 and its two-hundred day moving average is $10.63. Ladder Capital has a 52-week low of $9.61 and a 52-week high of $11.92.

Ladder Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date of this dividend was Tuesday, March 31st. Ladder Capital’s dividend payout ratio is presently 180.39%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in LADR. Nebula Research & Development LLC raised its position in shares of Ladder Capital by 3.1% during the 2nd quarter. Nebula Research & Development LLC now owns 33,835 shares of the real estate investment trust’s stock valued at $364,000 after acquiring an additional 1,008 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Ladder Capital by 2.4% in the second quarter. The Manufacturers Life Insurance Company now owns 60,836 shares of the real estate investment trust’s stock worth $654,000 after acquiring an additional 1,416 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in Ladder Capital by 0.9% in the third quarter. Alliancebernstein L.P. now owns 162,607 shares of the real estate investment trust’s stock worth $1,774,000 after acquiring an additional 1,498 shares during the last quarter. HighTower Advisors LLC boosted its stake in Ladder Capital by 4.6% in the fourth quarter. HighTower Advisors LLC now owns 36,826 shares of the real estate investment trust’s stock valued at $405,000 after acquiring an additional 1,611 shares during the period. Finally, Swiss National Bank boosted its stake in Ladder Capital by 1.7% in the fourth quarter. Swiss National Bank now owns 226,207 shares of the real estate investment trust’s stock valued at $2,486,000 after acquiring an additional 3,800 shares during the period. 62.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on LADR shares. Zacks Research downgraded shares of Ladder Capital from a “hold” rating to a “strong sell” rating in a research report on Monday, February 16th. Citigroup reissued a “market outperform” rating on shares of Ladder Capital in a research report on Wednesday, January 21st. Susquehanna set a $13.00 target price on shares of Ladder Capital in a research note on Wednesday, January 21st. Capital One Financial set a $13.00 price target on shares of Ladder Capital in a report on Wednesday, January 21st. Finally, Keefe, Bruyette & Woods dropped their price target on shares of Ladder Capital from $11.50 to $11.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $12.75.

Ladder Capital Company Profile

Ladder Capital Corp (NYSE: LADR) is a publicly traded commercial real estate finance company structured as a real estate investment trust. The firm specializes in originating, acquiring and managing a diversified portfolio of commercial mortgage loans, subordinate financings such as mezzanine loans and B-notes, and equity investments. In addition to direct lending activities, Ladder Capital invests in and manages commercial mortgage‐backed securities (CMBS) and commercial real estate collateralized loan obligations (CRE CLOs), providing financing across a range of property types including office, retail, multifamily, industrial and hospitality assets.

Since its inception in 2008, Ladder Capital has developed a platform that supports both balance-sheet lending and structured securitization.