Favorable News Coverage Somewhat Unlikely to Affect Ladder Capital Corp (NASDAQ:LADR) Share Price
Media stories about Ladder Capital Corp (NASDAQ:LADR) have trended positive recently, Accern reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ladder Capital Corp earned a news impact score of 0.25 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 47.6084879724976 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Ladder Capital Corp Class A (LADR) Position Decreased by Her Majesty The Queen In Right Of The Province Of … – First News 24 (firstnewspaper24.com)
- Ladder Capital Corp (NASDAQ:LADR) Lifted to Hold at Zacks Investment Research (americanbankingnews.com)
- IHS Markit Score downgrades Ladder Capital Corp to 30 out of 100, ranking positively in two out of three available IHS Markit categories. (finance.yahoo.com)
Separately, Zacks Investment Research raised Ladder Capital Corp from a “sell” rating to a “hold” rating in a research report on Wednesday, June 21st. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Ladder Capital Corp presently has an average rating of “Buy” and a consensus target price of $15.67.
Ladder Capital Corp (NASDAQ LADR) opened at 13.50 on Friday. The stock has a market capitalization of $1.16 billion and a price-to-earnings ratio of 11.80. Ladder Capital Corp has a one year low of $12.14 and a one year high of $15.53. The company has a 50-day moving average of $13.34 and a 200-day moving average of $14.03.
Ladder Capital Corp (NASDAQ:LADR) last released its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.11. Ladder Capital Corp had a net margin of 22.29% and a return on equity of 5.35%. The company had revenue of $52.10 million during the quarter, compared to analysts’ expectations of $76.60 million. During the same quarter in the previous year, the company earned $0.32 earnings per share. The firm’s revenue for the quarter was up 32.9% on a year-over-year basis. On average, equities analysts forecast that Ladder Capital Corp will post $1.41 EPS for the current fiscal year.
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Ladder Capital Corp Company Profile
Ladder Capital Corp is a commercial real estate finance company. The Company’s segments include loans, securities, real estate and corporate/other. The loans segment includes mortgage loan receivables held for investment (balance sheet loans) and mortgage loan receivables held for sale (conduit loans).
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