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Ladder Capital Corp (LADR)

Real Estate | REIT - Mortgage | New York, United States | NYSE
9.11 USD +0.26 (2.996%) ⇧ (Oct. 16, 2026, 9:44 a.m. EDT)

Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | Oct. 10, 2026, 11:11 a.m. EDT

Ladder Capital presents a classic value trap scenario where a high dividend yield masks deteriorating fundamentals and a broken price trend. The stock is trading at a significant discount to its book value, yet the business is generating negative earnings growth and has suffered a cumulative loss of over 16% over the last nine years. The market has correctly identified that the current price does not reflect a margin of safety given the multi-year decline. The dividend, while yielding over 10%, is not a reliable income source here. The payout ratio exceeds 200%, meaning the company is distributing more than twice its earnings. This is unsustainable and indicates the dividend is likely being funded by debt or asset liquidation rather than organic profitability. The recent news of 'improving coverage' is insufficient to reverse the structural damage seen in the balance sheet and earnings trajectory. Technically, the stock is trapped between heavy resistance at its 200-day average and a floor set by recent lows, with no clear catalyst to break out. The options market confirms this pessimism, with traders buying deep protection rather than betting on a recovery. Until the payout ratio normalizes and the multi-year price decline halts, this remains a speculative hold with high capital risk.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.026067
AutoTheta0.026154
AutoETS0.026471
AutoARIMA0.026472

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 46%
H-stat 11.58
Ljung-Box p 0.000
Jarque-Bera p 0.002
Excess Kurtosis 1.02
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-09-29
Last Dividend Date 2026-09-29
Debt to Equity Ratio 281.639
Revenue per Share 1.738
Market Cap 1,155,108,480
Trailing P/E 21.68
Forward P/E 8.22
Beta 1.03
Profit Margins 24.03%
Website https://www.laddercapital.com

As of Oct. 10, 2026, 11:11 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive put volume (300 contracts) at the $10 strike compared to minimal call activity. While there is some new call flow at lower strikes ($7.50), the overwhelming interest in puts suggests a fear of further decline or a belief that the current price is unsustainable.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.63% 9.39% 8.60% 8.60%
Dividend History
Date Dividend Yield %
2026-09-30 0.230 2.634593
2026-06-30 0.230 2.311558
2026-03-31 0.230 2.354145
2025-12-31 0.230 2.092812
2025-09-30 0.230 2.108158
2025-06-30 0.230 2.139535
2025-03-31 0.230 2.015776
2024-12-31 0.230 2.055407
2024-09-30 0.230 1.982759
2024-06-28 0.230 2.037201
2024-03-27 0.230 2.096627
2023-12-28 0.230 1.974249
2023-09-28 0.230 2.241715
2023-06-29 0.230 2.143523
2023-03-30 0.230 2.486486
2022-12-29 0.230 2.293121
2022-09-29 0.230 2.616610
2022-06-29 0.220 2.081362
2022-03-30 0.200 1.679261
2021-12-30 0.200 1.668057
2021-09-29 0.200 1.784121
2021-06-29 0.200 1.725626
2021-03-30 0.200 1.715266
2020-12-30 0.200 2.066116
2020-09-09 0.200 2.638522
2020-06-09 0.200 2.132196
2020-03-09 0.340 2.401130
2019-12-09 0.340 1.961916
2019-09-09 0.340 2.005900
2019-06-07 0.340 2.121023
2019-03-08 0.340 2.034710
2018-12-07 0.570 3.310105
2018-09-14 0.325 1.891735
2018-06-08 0.325 2.075351
2018-03-09 0.315 2.068286
2017-12-08 0.315 2.307692
2017-09-08 0.300 2.297090
2017-06-08 0.300 2.130682
2017-03-09 0.300 2.141328
2016-12-22 0.460 3.345455
2016-09-08 0.275 2.058383
2016-06-09 0.275 2.198241
2016-03-08 0.275 2.459749
2015-12-08 1.450 11.693549
2015-09-08 0.275 1.797386
2015-06-11 0.250 1.381215
2015-04-01 0.250 1.371366
Additional Data
dividendYield 10.43
exDividendDate 2026-09-30
trailingAnnualDividendRate 0.92
trailingAnnualDividendYield 0.1040724
lastDividendValue 0.23
lastDividendDate 2026-09-30
dividendDate 2026-10-15

Info Dump

Attribute Value
52 Week Change -0.17183101
Address1 320 Park Avenue
Address2 15th Floor
All Time High 20.78
All Time Low 2.65
Ask 9.23
Ask Size 3,700
Audit Risk 2
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 1,756,930
Average Daily Volume3 Month 1,317,865
Average Volume 1,317,865
Average Volume10Days 1,756,930
Beta 1.027
Bid 9.05
Bid Size 2,000
Board Risk 10
Book Value 11.267
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 9.105
Current Ratio 3.084
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 9.2999
Day Low 9.03
Debt To Equity 281.639
Display Name Ladder Capital
Dividend Date 1,792,022,400
Dividend Yield 10.43
Earnings Call Timestamp End 1,792,159,200
Earnings Call Timestamp Start 1,792,159,200
Earnings Growth -0.151
Earnings Quarterly Growth -0.158
Earnings Timestamp 1,792,153,800
Earnings Timestamp End 1,792,153,800
Earnings Timestamp Start 1,792,153,800
Ebitda Margins 0.0
Enterprise To Revenue 23.431
Enterprise Value 5,096,820,224
Eps Current Year 1.05143
Eps Forward 1.10714
Eps Trailing Twelve Months 0.42
Esg Populated 0
Ex Dividend Date 1,790,726,400
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 9.4418
Fifty Day Average Change -0.33680058
Fifty Day Average Change Percent -0.035671227
Fifty Two Week Change Percent -17.183102
Fifty Two Week High 11.48
Fifty Two Week High Change -2.375
Fifty Two Week High Change Percent -0.20688154
Fifty Two Week Low 8.48
Fifty Two Week Low Change 0.625
Fifty Two Week Low Change Percent 0.073702835
Fifty Two Week Range 8.48 - 11.48
Financial Currency USD
First Trade Date Milliseconds 1,391,697,000,000
Five Year Avg Dividend Yield 8.18
Float Shares 110,750,872
Forward Eps 1.10714
Forward P E 8.223892
Full Exchange Name NYSE
Full Time Employees 60
Fullday Change 0.2649994
Fullday Change Percent 2.996036
Fullday Price 9.105
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.692
Gross Profits 150,524,992
Has Pre Post Market Data 1
Held Percent Insiders 0.12654
Held Percent Institutions 0.68934
Implied Shares Outstanding 126,865,303
Industry REIT - Mortgage
Industry Disp REIT - Mortgage
Industry Key reit-mortgage
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,790,726,400
Last Dividend Value 0.23
Last Fiscal Year End 1,767,139,200
Long Business Summary Ladder Capital Corp operates as an internally-managed real estate investment trust in the United States. It operates through three segments: Loans, Securities, and Real Estate. The Loans segment originates and acquires balance sheet loans that provide interim financing to borrowers seeking short-term capital for the acquisition or transition of commercial real estate; originates conduit loans, which are first mortgage loans on commercial real estate properties for sale in commercial mortgage-backed securities securitizations; and invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. Its Securities segment invests in CMBS, U.S. Agency securities, corporate bonds, equity securities, and U.S. Treasury securities that are not classified as cash and cash equivalents. The Real Estate segment engages in net leased properties, other diversified real estate, and investments in unconsolidated ventures. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Ladder Capital Corp was founded in 2008 and is headquartered in New York, New York.
Long Name Ladder Capital Corp
Market us_market
Market Cap 1,155,108,480
Market State REGULAR
Max Age 86,400
Message Board Id finmb_216667093
Most Recent Quarter 1,782,777,600
Net Income To Common 52,272,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,150,668,298
Number Of Analyst Opinions 7
Open 8.78
Operating Cashflow 102,982,000
Operating Margins 0.28209
Overall Risk 9
Payout Ratio 2.1905
Phone 212 715 3170
Previous Close 8.84
Price Eps Current Year 8.659635
Price Hint 2
Price To Book 0.80811214
Price To Sales Trailing12 Months 5.3103065
Profit Margins 0.24031
Quick Ratio 3.037
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.57143
Region US
Regular Market Change 0.2649994
Regular Market Change Percent 2.996036
Regular Market Day High 9.2999
Regular Market Day Low 9.03
Regular Market Day Range 9.03 - 9.2999
Regular Market Open 8.78
Regular Market Previous Close 8.84
Regular Market Price 9.105
Regular Market Time 1,792,158,244
Regular Market Volume 196,558
Return On Assets 0.010369999
Return On Equity 0.035669997
Revenue Growth 0.022
Revenue Per Share 1.738
Sand P52 Week Change 0.16207206
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 8
Shares Outstanding 126,865,303
Shares Percent Shares Out 0.06
Shares Short 7,614,096
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 5,740,996
Short Name Ladder Capital Corp
Short Percent Of Float 0.0687
Short Ratio 5.53
Source Interval 15
State NY
Symbol LADR
Target High Price 13.5
Target Low Price 10.25
Target Mean Price 11.78571
Target Median Price 11.5
Total Cash 37,702,000
Total Cash Per Share 0.297
Total Debt 4,018,182,912
Total Revenue 217,522,000
Tradeable 0
Trailing Annual Dividend Rate 0.92
Trailing Annual Dividend Yield 0.1040724
Trailing Eps 0.42
Trailing P E 21.678572
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.04835
Two Hundred Day Average Change -0.9433508
Two Hundred Day Average Change Percent -0.09388116
Type Disp Equity
Volume 196,558
Website https://www.laddercapital.com
Zip 10,022