Ladder Capital Corp (NYSE: LADR) has reported earnings for its third fiscal quarter (ending September 30) of $0.22 versus $0.25 for the same period a year ago — a decline of -12%. E.P.S. were $0.76 for the latest four quarters through September 30 versus $1.14 for the same period a year ago — a decline of -33%.
Recent Price Action
On 10/24/24, Ladder Capital Corp (NYSE: LADR) stock enjoyed a large increase of 3.7%, closing at $11.38. Moreover, above average trading volume at 130% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 1.1% during the last week.
Current PriceTarget Research Rating
LADR’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Ladder Capital has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Ladder Capital has a slightly positive Power Rating of 62 and a slightly positive Appreciation Score of 68, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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