Welcome to our dedicated page for Ladder Cap news (Ticker: LADR), a resource for investors and traders seeking the latest updates and insights on Ladder Cap stock.
Ladder Capital Corp (NYSE: LADR) is a commercial real estate finance REIT that regularly issues updates on its lending activity, capital structure, and portfolio performance. As an internally managed, investment grade-rated platform focused on senior secured commercial real estate exposure, the company’s news flow often centers on its first mortgage loan originations, owned net leased properties, and securities investments backed by commercial real estate.
Investors following LADR news can expect recurring announcements on quarterly operating results, including GAAP earnings and non-GAAP metrics such as distributable earnings and distributable EPS. The company also reports on dividends declared on its Class A common stock, reflecting the board’s consideration of distributable earnings when setting quarterly payouts.
Ladder’s communications highlight developments in its funding and capital structure, such as public offerings of senior unsecured notes, changes in credit facilities, and updates related to its investment grade ratings from Moody’s Ratings and Fitch Ratings. These items provide insight into the company’s borrowing costs, liquidity, and reliance on unsecured versus secured financing.
In addition, LADR news includes information about conference calls and webcasts for earnings releases, as well as supplemental presentations that detail segment performance across loans, securities, and real estate. For investors and analysts focused on commercial real estate credit, this news stream offers a view into Ladder’s origination volumes, real estate operating income, and approach to risk management. Bookmarking the LADR news page on Stock Titan allows users to monitor these ongoing disclosures and corporate updates in one place.
Ladder Capital Corp (NYSE: LADR) reported its Q2 2024 results, with GAAP income before taxes of $31.0 million and diluted EPS of $0.26. Distributable earnings were $40.4 million, or $0.31 per share. CEO Brian Harris highlighted strong returns, low leverage, and a large cash position. The company successfully executed its seventh unsecured corporate bond issuance, receiving positive actions from rating agencies, moving closer to an investment grade credit rating.
Ladder Capital, with $5.0 billion in assets as of June 30, 2024, is a commercial real estate investment trust specializing in underwriting and offering flexible capital solutions. The company focuses on senior secured assets, including originating senior first mortgage loans, owning and operating commercial real estate, and investing in investment grade securities secured by first mortgage loans on commercial real estate.
Ladder Capital Corp (NYSE: LADR) has announced it will release its second quarter 2024 financial results on Thursday, July 25, 2024, before markets open. The company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time on the same day to discuss the results.
Investors can access the conference call by dialing (877) 407-4018 (domestic) or (201) 689-8471 (international). An audio replay will be available until midnight on August 8, 2024, accessible by calling (844) 512-2921 (domestic) or (412) 317-6671 (international) with access code 13747656. Additionally, a webcast of the call will be available through Ladder Capital's Investor Relations website.
Ladder Capital Corp (NYSE: LADR) announced the pricing of a private offering of $500 million in 7.000% Senior Notes due 2031. The sale is expected to complete around July 5, 2024, subject to customary closing conditions. The Notes will be senior unsecured obligations of Ladder and guaranteed by its wholly-owned domestic subsidiaries. The proceeds will be used to repay certain secured debts and for general corporate purposes. Moody’s affirmed Ladder’s Ba1 rating, upgrading the Notes to Ba1, while Fitch and S&P Global Ratings both affirmed and revised their ratings to a positive outlook.
Ladder Capital Corp (NYSE: LADR) has announced a second quarter 2024 dividend of $0.23 per share for holders of its Class A common stock.
This dividend will be paid on July 15, 2024, to shareholders who are on record as of June 28, 2024.
The decision was made by the company's board of directors.
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