As of Friday close, Ladder Capital Corp’s (NYSE:LADR) stock was up $0.16, moving up 1.57 percent to $10.34. The average number of shares traded per day over the past five days has been 510,460 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.43 fall in that time frame. In the last twenty days, the average volume was 552,300, while in the previous 50 days, it was 650,406.
Since last month, LADR stock retreated -10.86%. Shares of the company fell to $10.02 on 08/18/23, the lowest level in the past month. A 52-week high of $11.77 was reached on 07/20/23 after having rallying from a 52-week low of $8.50. Since the beginning of this year, LADR’s stock price has risen by 2.99% or $0.30, and marked a new high 16 times. However, the stock has declined by -12.11% since its 52-week high.
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Valuation Metrics
Right now, Ladder Capital Corp (LADR) has a P/E ratio of about 9.34. The stock’s beta is 1.90. Besides these, the trailing price-to-sales (P/S) ratio of 2.35, the price-to-book (PB) ratio of 0.84, and the price-to-cash flow ratio of 11.27 may also be considered.
The latest dividend of $0.23 per share was paid out, remained unchanged from last year’s $0.23. On Thursday September 15 2022, a $0.01 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 2.58, and the total debt-to-equity ratio was 2.58. On the profitability front, the trailing twelve-month gross margin is 59.10% percent. In the year ended June 29, operating margins totaled 28.40%. Based on annual data, LADR earned $34.65 million in gross profit and brought in $97.92 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.90%. Return on equity (ROE) for the past 12 months was 9.10%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected Ladder Capital Corp to report $0.32 quarterly earnings, the actual figure was $0.33 per share, beating the consensus estimate by 3.10%. During the quarter, the company generated $30.88 million in EBITDA. The value of shareholders’ equity is $126.93 million.
Technical Picture
This quick technical analysis looks at Ladder Capital Corp’s (LADR) price momentum. With a historical volatility rate of 14.06%, the RSI 9-day stood at 32.50% on 18 August.
With respect to its five-day moving average, the current Ladder Capital Corp price is down by -3.99% percent or -$0.43. At present, LADR shares trade -8.82% below its 20-day simple moving average and +10.71% percent above its 100-day simple moving average. However, the stock is currently trading approximately -1.52% below its SMA50 and -3.09% below its SMA200.
Stochastic coefficient K was 11.94% and Stochastic coefficient D was 6.75%, while ATR was 0.23. Given the Stochastic reading of 32.00% for the 14-day period, the RSI (14) reading has been calculated as 37.52%. As of today, the MACD Oscillator reading stands at -0.31, while the 14-day reading stands at -0.40.
Analyst Ratings
Ladder Capital Corp downgraded its rating on Ladder Capital Corp (NYSE: LADR) to an Outperform in a note to investors on July 27, 2023. The analysts firm previously had a Strong buy rating on the stock.Ladder Capital Corp (LADR) has been rated Overweight by analysts. According to 0 brokerage firms, LADR is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Ladder Capital Corp stock as buy, with 4 recommending it as overweight.
With a median target price of $12.25, the current consensus forecast for the stock is $11.50 – $13.00. Based on these forecasts, analysts predict Ladder Capital Corp (LADR) will achieve an average price target of $12.21.
