Daily Market Movement: Ladder Capital Corp (LADR) Sees a 1.05 Increase, Closing at 10.60

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The closing price of Ladder Capital Corp (NYSE: LADR) was $10.60 for the day, up 1.05% from the previous closing price of $10.49. In other words, the price has increased by $1.05 from its previous closing price. On the day, 0.5 million shares were traded. LADR stock price reached its highest trading level at $10.69 during the session, while it also had its lowest trading level at $10.49.

Ratios:

Our analysis of LADR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 1.84 whereas as Long-Term Debt/Eq ratio is at 1.62.

On June 25, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $13.

Raymond James Downgraded its Strong Buy to Outperform on July 27, 2023, whereas the target price for the stock was revised from $12 to $12.50.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 13 ’24 when Perelman Robert sold 25,000 shares for $12.15 per share. The transaction valued at 303,750 led to the insider holds 351,453 shares of the business.

McCormack Pamela sold 50,000 shares of LADR for $612,500 on Aug 30 ’24. The President now owns 548,863 shares after completing the transaction at $12.25 per share. On Jul 31 ’24, another insider, McCormack Pamela, who serves as the President of the company, sold 100,000 shares for $12.17 each. As a result, the insider received 1,217,000 and left with 598,863 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LADR now has a Market Capitalization of 1357817600 and an Enterprise Value of 3662005504. As of this moment, Ladder’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.90, and their Forward P/E ratio for the next fiscal year is 9.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 14.13.

Stock Price History:

The Beta on a monthly basis for LADR is 1.02, which has changed by -0.050179183 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, LADR has reached a high of $12.40, while it has fallen to a 52-week low of $9.68. The 50-Day Moving Average of the stock is 1.69%, while the 200-Day Moving Average is calculated to be -5.59%.

Shares Statistics:

LADR traded an average of 697.49K shares per day over the past three months and 613780 shares per day over the past ten days. A total of 128.10M shares are outstanding, with a floating share count of 112.70M. Insiders hold about 12.02% of the company’s shares, while institutions hold 63.72% stake in the company. Shares short for LADR as of 1748563200 were 1240464 with a Short Ratio of 1.78, compared to 1745971200 on 1472372. Therefore, it implies a Short% of Shares Outstanding of 1240464 and a Short% of Float of 1.0999999999999999.

Dividends & Splits

With its trailing 12-month dividend rate of 0.92, LADR has a forward annual dividend rate of 0.81. Against a Trailing Annual Dividend Yield of 0.08770258The stock’s 5-year Average Dividend Yield is 8.63.

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