LADR Stock Analysis: Ladder Capital | NYSE

REIT - Mortgage | NYSE, USA | Market Cap: 1.123m USD | 12M Return: -6.8% | US5057431042 | Charts, Fundamentals & Technical Analysis

Mortgage Loans, CMBS, Mezzanine Debt, Net Leases
Total Rating 37
Safety 37
Buy Signal -0.39
REIT - Mortgage
Industry Rotation: +10.2
Market Cap: 1.12B
Avg Turnover: 19.9M
Risk 3d forecast
Volatility23.1%
VaR 5th Pctl4.02%
VaR vs Median5.83%
Reward TTM
Sharpe Ratio-0.43
Rel. Str. IBD23.6
Rel. Str. Peer Group96.9 pctl
Character TTM
Beta0.350
Beta Downside0.549
Hurst Exponent0.478
Choppyness63.5%
Drawdowns 3y
Max DD19.20%
CAGR/Max DD0.19
CAGR/Mean DD0.60
EPS (Earnings per Share) EPS (Earnings per Share) of LADR over the last years for every Quarter: "2021-09": 0.14, "2021-12": 0.21, "2022-03": 0.25, "2022-06": 0.34, "2022-09": 0.27, "2022-12": 0.31, "2023-03": 0.38, "2023-06": 0.33, "2023-09": 0.31, "2023-12": 0.32, "2024-03": 0.33, "2024-06": 0.31, "2024-09": 0.3, "2024-12": 0.27, "2025-03": 0.2, "2025-06": 0.23, "2025-09": 0.25, "2025-12": 0.17, "2026-03": 0.22, "2026-06": 0.21, "2026-09": 0.35,
EPS CAGR: -16.57%
EPS Trend: -93.2%
Last SUE: 4.00
Qual. Beats: 1
Revenue Revenue of LADR over the last years for every Quarter: 2021-09: 96.916, 2021-12: 102.05, 2022-03: 121.609, 2022-06: 126.477, 2022-09: 118.49, 2022-12: 177.138, 2023-03: 126.911, 2023-06: 134.974, 2023-09: 141.292, 2023-12: 121.913, 2024-03: 128.824, 2024-06: 118.729, 2024-09: 129.640999, 2024-12: 121.163, 2025-03: 91.549, 2025-06: 98.217, 2025-09: 102.426, 2025-12: 96.301, 2026-03: 103.34, 2026-06: 78.204, 2026-09: 105.709,
Rev. CAGR: -13.00%
Rev. Trend: -97.2%
Last SUE: 0.33
Qual. Beats: 0

Warnings

Below Avwap Earnings
Below Sma 200d

Tailwinds

Idiosyncratic Leader

Seasonality 11.7 years of data

Jan -0.9% 11
Feb -0.3% 10
Mar +0.5% 5
Apr -1.5% 43
May +0.3% 10
Jun +2.6% 21
Jul -0.2% 2
Aug -0.0% 7
Sep -2.8% 34
Oct -2.3% 30
Nov +2.9% 42
Dec +0.6% 13

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: LADR Ladder Capital

Ladder Capital Corp (LADR) is an internally-managed real estate investment trust (REIT) headquartered in New York, founded in 2008. The company operates through three business segments: Loans, Securities, and Real Estate, all centered on commercial real estate financing and investment.

The Loans segment is the core operation, originating balance sheet loans for short-term commercial real estate acquisitions, conduit loans for commercial mortgage-backed securities (CMBS) securitizations, and structured finance products including mezzanine and subordinated debt. The Securities segment invests in CMBS, U.S. Agency securities, corporate bonds, equity securities, and U.S. Treasury securities. The Real Estate segment holds net leased properties, diversified real estate assets, and investments in unconsolidated ventures.

As a REIT, Ladder is required to distribute at least 90% of its taxable income to shareholders to maintain its pass-through tax treatment, a defining structural feature of the U.S. REIT framework. The company is classified within the Mortgage REITs sub-industry, a sector focused on commercial real estate debt and related securities rather than direct property equity ownership.

Headlines to Watch Out For
  • Net interest margin compresses as Fed cuts short-term rates
  • Commercial real estate loan originations decline amid office sector stress
  • Dividend coverage pressured by book value decline and CRE loan losses
Piotroski VR-10 (Strict) 2.5
Net Income: 98.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 1.84 > 1.0
NWC/Revenue: -189.8% < 20% (prev -5.37%; Δ -184.4% < -1%)
CFO/TA 0.01 > 3% & CFO 87.7m > Net Income 98.9m
Net Debt (4.31b) to EBITDA (255.7m): 16.83 < 3
Current Ratio: 0.14 > 1.5 & < 3
Outstanding Shares: last quarter (124.9m) vs 12m ago -0.98% < -2%
Gross Margin: 61.76% > 18% (prev 73.41%; Δ -11.65% > 0.5%)
Asset Turnover: 7.15% > 50% (prev 8.82%; Δ -1.67% > 0%)
Interest Coverage Ratio: 1.05 > 6 (EBIT TTM 221.5m / Interest Expense TTM 210.0m)
Altman Z'' -0.32
A: -0.12 (Total Current Assets 114.9m - Total Current Liabilities 842.8m) / Total Assets 6.04b
B: -0.04 (Retained Earnings -264.6m / Total Assets 6.04b)
C: 0.04 (EBIT TTM 221.5m / Avg Total Assets 5.37b)
D: 0.32 (Book Value of Equity 1.46b / Total Liabilities 4.58b)
Altman-Z'' = -0.32 = B
Beneish M -2.50
DSRI: 1.51 (Receivables 20.4m/14.5m, Revenue 383.6m/413.4m)
GMI: 1.19 (GM 73.41% / 61.76%)
AQI: 0.97 (AQ_t 0.87 / AQ_t-1 0.90)
SGI: 0.93 (Revenue 383.6m / 413.4m)
TATA: 0.00 (NI 98.9m - CFO 87.7m) / TA 6.04b)
Beneish M = -2.50 (Cap -4..+1) = A
What is the price of LADR shares?

As of November 10, 2026, the stock is trading at USD 8.96 with a total of 1,414,565 shares traded. Over the past week, the price has changed by -3.45%, over one month by +2.17%, over three months by -4.53% and over the past year by -6.82%.

Current recommended Stop Loss: 8.60 (which is 4% or 1.4 ATR below the current price).

Is LADR a buy, sell or hold?

Ladder Capital has received a consensus analysts rating of 4.43. Therefore, it is recommended to buy LADR.

  • StrongBuy: 4
  • Buy: 2
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the LADR price?
Analysts Target Price 11.6 29.6%
Ladder Capital (LADR) - Fundamental Data Overview as of 10 November 2026
Market Cap USD = 1.12b (1.12b USD * 1.0 USD.USD)
P/E Trailing = 11.2785
P/E Forward = 2.4492
P/S = 4.1115
P/B = 0.7672
P/EG = 1.89
Revenue TTM = 383.6m USD
EBIT TTM = 221.5m USD
EBITDA TTM = 255.7m USD
Long Term Debt = 2.86b USD (from longTermDebt, last quarter)
Short Term Debt = 508.0m USD (from shortLongTermDebt, last quarter)
Debt = 4.35b USD (from shortLongTermDebtTotal, last quarter) + Leases 700k
Net Debt = 4.31b USD (calculated: Debt 4.35b - CCE 41.8m)
Enterprise Value = 5.43b USD (1.12b + Debt 4.35b - CCE 41.8m)
Interest Coverage Ratio = 1.05 (Ebit TTM 221.5m / Interest Expense TTM 210.0m)
EV/FCF = 61.92x (Enterprise Value 5.43b / FCF TTM 87.7m)
FCF Yield = 1.61% (FCF TTM 87.7m / Enterprise Value 5.43b)
FCF Margin = 22.85% (FCF TTM 87.7m / Revenue TTM 383.6m)
Net Margin = 25.79% (Net Income TTM 98.9m / Revenue TTM 383.6m)
Gross Margin = 61.76% ((Revenue TTM 383.6m - Cost of Revenue TTM 146.7m) / Revenue TTM)
Gross Margin QoQ = 69.00% (prev 28.88%)
Tobins Q-Ratio = 0.90 (Enterprise Value 5.43b / Total Assets 6.04b)
Interest Expense / Debt = 4.83% (Interest Expense 210.0m / Debt 4.35b)
Taxrate = 3.36% (3.44m / 102.3m)
NOPAT = 214.1m (EBIT 221.5m * (1 - 3.36%))
Current Ratio = 0.14 (Total Current Assets 114.9m / Total Current Liabilities 842.8m)
Debt / Equity = 2.97 (Debt 4.35b / totalStockholderEquity, last quarter 1.46b)
Debt / EBITDA = 16.83 (Net Debt 4.31b / EBITDA 255.7m)
Debt / FCF = 49.11 (Net Debt 4.31b / FCF TTM 87.7m)
Total Stockholder Equity = 1.46b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.84% (Net Income 98.9m / Total Assets 6.04b)
RoE = 6.79% (Net Income TTM 98.9m / Total Stockholder Equity 1.46b)
RoCE = 5.14% (EBIT 221.5m / Capital Employed (Equity 1.46b + L.T.Debt 2.86b))
RoIC = 3.13% (NOPAT 214.1m / Invested Capital 6.84b)
WACC = 5.11% (E(1.12b)/V(5.47b) * Re(6.82%) + D(4.35b)/V(5.47b) * Rd(4.83%) * (1-Tc(0.03)))
Discount Rate = 6.82% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -52.35 | Cagr: -0.34%
[DCF] Terminal Value 75.44% ; FCFF base≈87.7m ; Y1≈88.0m ; Y5≈93.2m
 [DCF] Fair Price = N/A (negative equity: EV 1.45b - Net Debt 4.31b = -2.86b; debt exceeds intrinsic value)
 EPS Correlation: -93.21 | EPS CAGR: -16.57% | SUE: 4.0 | # QB: 1
Revenue Correlation: -97.24 | Revenue CAGR: -13.00% | SUE: 0.33 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.25 | Chg30d=-4.29% | Revisions=-40% | Analysts=5
EPS current Year (2026-12-31): EPS=1.06 | Chg30d=+3.37% | Revisions=+0% | GrowthEPS=+26.6% | GrowthRev=+40.4%
EPS next Year (2027-12-31): EPS=1.07 | Chg30d=-4.22% | Revisions=-44% | GrowthEPS=+0.8% | GrowthRev=-5.2%
[Analyst] Revisions Ratio: -40% (up=3, down=9)