Ladder Capital Corp (LADR) AI Stock Analysis

Ladder Capital Corp operates as a diversified financial services firm focusing on real estate investments. Its Loans segment originates conduit first mortgage loans secured by cash-flowing commercial real estate and transitional properties undergoing lease-up, sell-out, or renovation, alongside investments in note purchases, subordinated debt, and mezzanine debt. The Securities segment invests in commercial mortgage-backed securities (CMBS), U.S. Agency Securities, corporate bonds, and equity securities. Additionally, its Real Estate segment owns and manages commercial properties, including office buildings, student housing, hotels, industrial facilities, shopping centers, and condominium units. Formed in 2008 and based in New York, Ladder Capital operates as a tax-advantaged REIT.

Ladder Capital's revenue declined from $543.7M in FY2022 to $525.1M in FY2023, $511.2M in FY2024, and $392.3M in FY2025, representing a 23.3% drop in FY2025. Net income fell from $108.3M in FY2024 to $64.2M in FY2025, with net margin decreasing from 21.2% to 16.4%. Operating margin for FY2025 was 62.0%, down from 65.0% in FY2024. Over five years from FY2020 to FY2025, revenue posted a CAGR of 1.8%. For the latest quarter ended September 30, 2026, quarterly revenue grew 96.4% year-over-year, while quarterly earnings grew 253.3% year-over-year, supporting trailing twelve month revenue of $273.0M.

As of September 30, 2026, Ladder Capital held $41.8M in cash and short-term investments, with total assets of $6.04B and shareholders' equity of $1.46B. In FY2025, the company generated $87.0M in operating cash flow and free cash flow, down from $133.9M in FY2024. Capital returns in FY2025 included $11.8M spent on share buybacks and $117.4M distributed in dividends. Over the past five years, the total share count grew by 0.3%.

Ladder Capital trades at a trailing price-to-earnings multiple of 11.4x and a forward P/E of 2.4x, both lower than the median of its US-listed Real Estate peers (21.6x trailing and 23.5x forward). Its price-to-sales ratio is 4.2x compared to the peer median of 3.7x, while its price-to-book ratio is 0.8x. At $9.11 per share, LADR has delivered a 1-year return of -4.9% and a 5-year return of 16.1%, trailing the S&P 500 (SPY) gains of 16.8% and 83.0% over the same respective periods.

Ladder Capital pays a quarterly dividend with an annualized forward rate of $0.92 per share, yielding 10.10%. The payout ratio stands at 76.7%, and dividends have been paid for 12 consecutive years. The 5-year annualized dividend growth rate is -0.4%, and the most recent ex-dividend date was September 30, 2026.

Wall Street coverage includes 4 Strong Buy, 2 Buy, and 1 Hold ratings, with zero Sell ratings. The mean price target is $11.79, representing a 29.4% premium over the closing price of $9.11. Analysts project current fiscal year earnings of $1.08 per share on revenue of $218.8M, followed by FY2027 estimates of $1.11 per share and $250.8M in revenue. Ladder Capital has beaten earnings estimates in 2 of the last 4 quarters.

This page is an AI-written research summary of Ladder Capital Corp (LADR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: LADR income statement, LADR balance sheet, LADR key metrics, LADR analyst forecast, LADR chart. See the LADR stock overview for the latest quote and news.