Ladder Capital Corp

NYSE:LADR   2:45PM EDT
17.36
+0.21 (+1.22%)
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Market Cap (Intraday)2.08B
Current PE12.16
Forward PE 10.33
2yr Forward PE 10.09
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Estimates Current Quarter
Revenue$82.3 Million
Adjusted EPS$0.42
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10-Day MA$17.06
50-Day MA$16.62
200-Day MA$16.18
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Ladder Capital Corp Stock, NYSE:LADR

345 PARK AVENUE, NEW YORK, NY 10154
United States of America
Phone: 212-715-3170
Number of Employees: 69

Description

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. It also invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. The Securities segment invests in commercial mortgage-backed securities and the U.S. Agency Securities. The Real Estate segment owns a portfolio of commercial and residential real estate properties, such as leased properties, office buildings, a warehouse, and condominium units. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Ladder Capital Corp was founded in 2008 and is headquartered in New York, New York.