$0.32 dividends are now a reality for Ladder Capital Corp (NYSE:LADR) shareholders. Here’s why.

December 7, 2017 - By Winifred Garcia

 $0.32 dividends are now a reality for Ladder Capital Corp (NYSE:LADR) shareholders. Here's why.
Investors sentiment decreased to 1.97 in 2017 Q2. Its down 0.66, from 2.63 in 2017Q1. It dropped, as 16 investors sold Ladder Capital Corp shares while 21 reduced holdings. 18 funds opened positions while 55 raised stakes. 48.59 million shares or 10.35% more from 44.03 million shares in 2017Q1 were reported.
Schwab Charles Invest Management reported 0% of its portfolio in Ladder Capital Corp (NYSE:LADR). Van Eck Assocs reported 0.02% in Ladder Capital Corp (NYSE:LADR). 82,987 were reported by Advantus Cap Mngmt. Omers Administration owns 5.26M shares or 0.89% of their US portfolio. Gsa Cap Prtn Limited Liability Partnership accumulated 20,096 shares or 0.02% of the stock. Swiss Bank holds 0% or 94,062 shares in its portfolio. Principal Grp stated it has 0% in Ladder Capital Corp (NYSE:LADR). Art Advisors Ltd Liability Corp reported 47,162 shares. 351 were reported by Howe & Rusling. Alyeska Grp Inc L P reported 47,821 shares. Ameritas Prtn reported 6,197 shares. Moreover, Balyasny Asset Ltd Co has 0.02% invested in Ladder Capital Corp (NYSE:LADR) for 312,299 shares. Fincl Bank Of Mellon holds 0% or 322,253 shares. X Communications Limited Liability Company has invested 0.28% in Ladder Capital Corp (NYSE:LADR). 360,200 are held by Yorktown Mgmt & Inc.

Ladder Capital Corp (NYSE:LADR) is expected to pay $0.32 on Jan 3, 2018. The indicated annual dividend is $1.26. Shareholders owning the stock before Dec 8, 2017 will be eligible to receive the payout. Based on Ladder Capital Corp’s current price of $13.80, the dividend is 2.28 %. This dividend’s record date is Dec 11, 2017 and the announcement date is Nov 7, 2017. The stock increased 0.22% or $0.03 during the last trading session, reaching $13.8. About 1.02M shares traded or 29.91% up from the average. Ladder Capital Corp (NYSE:LADR) has risen 18.80% since December 7, 2016 and is uptrending. It has outperformed by 2.10% the S&P500.

Ladder Capital Corp operates as a real estate investment trust in the United States. The company has market cap of $1.53 billion. The firm operates through three divisions: Loans, Securities, and Real Estate. It has a 12.06 P/E ratio. 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.

Ladder Capital Corp (NYSE:LADR) Ratings Coverage

Among 7 analysts covering Ladder Capital (NYSE:LADR), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Ladder Capital has $22.50 highest and $12 lowest target. $16’s average target is 15.94% above currents $13.8 stock price. Ladder Capital had 19 analyst reports since August 10, 2015 according to SRatingsIntel. FBR Capital maintained the stock with “Buy” rating in Friday, November 3 report. The firm has “Outperform” rating by FBR Capital given on Friday, December 18. As per Friday, November 6, the company rating was maintained by Deutsche Bank. The rating was downgraded by Bank of America to “Neutral” on Thursday, December 15. As per Friday, September 22, the company rating was maintained by Keefe Bruyette & Woods. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, August 17. FBR Capital maintained it with “Outperform” rating and $16.5 target in Wednesday, April 5 report. Keefe Bruyette & Woods downgraded the shares of LADR in report on Tuesday, February 23 to “Market Perform” rating. The stock of Ladder Capital Corp (NYSE:LADR) has “Outperform” rating given on Tuesday, December 13 by Keefe Bruyette & Woods. Wells Fargo upgraded Ladder Capital Corp (NYSE:LADR) on Tuesday, March 14 to “Outperform” rating.

More important recent Ladder Capital Corp (NYSE:LADR) news were published by: Seekingalpha.com which released: “Ladder Capital: 8.7% Yield And Upside” on October 11, 2017, also Seekingalpha.com published article titled: “Ladder Capital: This Outstanding REIT Has A 9.1% Covered Yield And Capital Upside”, Seekingalpha.com published: “2 Best Of Breed High-Yield Dividend Stocks Potentially Poised For Greatness” on December 06, 2017. More interesting news about Ladder Capital Corp (NYSE:LADR) was released by: Nasdaq.com and their article: “Ex-Dividend Reminder: CNO Financial Group, Ladder Capital and Travelers Companies” with publication date: December 06, 2017.

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