Ladder Capital Corp (NYSE:LADR) shares hit a new 52-week high during trading on Monday . The stock traded as high as $17.18 and last traded at $17.10, with a volume of 26172 shares. The stock had previously closed at $17.09.

Several analysts recently issued reports on the stock. Zacks Investment Research raised shares of Ladder Capital from a “sell” rating to a “hold” rating in a report on Thursday, May 3rd. ValuEngine downgraded shares of Ladder Capital from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. B. Riley upped their price objective on shares of Ladder Capital from $16.00 to $17.50 and gave the stock a “buy” rating in a report on Tuesday, August 7th. JPMorgan Chase & Co. upped their price objective on shares of Ladder Capital from $15.00 to $17.00 and gave the stock a “$16.11” rating in a report on Monday, July 23rd. Finally, JMP Securities upped their price objective on shares of Ladder Capital from $17.00 to $17.50 and gave the stock a “market outperform” rating in a report on Monday, August 6th. One investment analyst has rated the stock with a sell rating, seven have given a buy rating and one has issued a strong buy rating to the company. Ladder Capital has an average rating of “Buy” and an average price target of $17.38.

The company has a current ratio of 66.13, a quick ratio of 66.13 and a debt-to-equity ratio of 3.11. The firm has a market capitalization of $1.86 billion, a PE ratio of 12.58, a price-to-earnings-growth ratio of 1.95 and a beta of 0.93.

Ladder Capital (NYSE:LADR) last posted its quarterly earnings data on Tuesday, July 31st. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.04. The business had revenue of $83.19 million during the quarter, compared to the consensus estimate of $75.40 million. Ladder Capital had a net margin of 27.91% and a return on equity of 12.43%. equities analysts predict that Ladder Capital Corp will post 1.72 EPS for the current year.

Institutional investors have recently modified their holdings of the business. Rhumbline Advisers raised its stake in shares of Ladder Capital by 5.8% in the 1st quarter. Rhumbline Advisers now owns 77,466 shares of the real estate investment trust’s stock valued at $1,168,000 after buying an additional 4,280 shares in the last quarter. Harvest Management LLC acquired a new position in shares of Ladder Capital in the 1st quarter valued at $302,000. Summit Securities Group LLC acquired a new position in shares of Ladder Capital in the 1st quarter valued at $166,000. SG Americas Securities LLC acquired a new position in shares of Ladder Capital in the 1st quarter valued at $187,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of Ladder Capital in the 1st quarter valued at $303,000. 55.83% of the stock is owned by hedge funds and other institutional investors.

About Ladder Capital (NYSE:LADR)

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.

Further Reading: Short Selling – Explanation For Shorting Stocks

Receive News & Ratings for Ladder Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ladder Capital and related companies with MarketBeat.com's FREE daily email newsletter.