Ladder Cap (LADR) Stock News

Ladder Capital Corp (NYSE: LADR) is set to announce its first quarter 2023 financial results on April 27, 2023, after market close. A conference call will follow at 5:00 p.m. Eastern Time for investor discussions. To participate, dial (844) 826-3035 (domestic) or (412) 317-5195 (international). A replay of the call will be available from 8:00 p.m. Eastern Time on the same date until May 11, 2023. The conference call can also be accessed via webcast on the Investor Relations website. Ladder, founded in 2008, specializes in commercial real estate investments with assets totaling $6.0 billion as of December 31, 2022.

Franklin BSP Realty Trust (NYSE: FBRT) has appointed Michael Comparato as its new President, effective immediately. Comparato, previously a managing director at Benefit Street Partners, has extensive experience in commercial real estate. He will oversee day-to-day operations, including loan originations and investments, continuing from his leadership at BSP. Richard J. Byrne retains his roles as Chairman and CEO. Comparato's appointment is expected to enhance long-term stockholder value through his significant expertise in the industry, as emphasized by both Byrne and Tom Gahan, CEO of BSP.

Ladder Capital Corp (NYSE: LADR) announced the filing of a new universal shelf registration statement on Form S-3 with the SEC, replacing its expired registration from March 16, 2020. The company does not currently plan any securities offering, but it aims for investment grade debt ratings. However, no assurance is given that it will achieve this rating or issue securities under the New Shelf. Ladder emphasized its focus on preserving shareholder capital and producing attractive returns, managing $6.0 billion in assets as of December 31, 2022. The company specializes in senior secured assets and offers flexible capital solutions in commercial real estate.

Ladder Capital Corp (NYSE: LADR) declared a first quarter 2023 dividend of $0.23 per share, payable on April 17, 2023, to stockholders of record as of March 31, 2023. The company's assets were valued at $6.0 billion as of December 31, 2022. Ladder's focus is on preserving shareholder capital while providing risk-adjusted returns, specializing in senior secured assets. Founded in 2008, the company operates commercial real estate and offers flexible capital solutions. Investors can expect a stable income source from the declared dividend, reinforcing management’s commitment to shareholders.

Ladder Capital Corp (NYSE: LADR) reported strong operating results for Q4 2022, with GAAP income before taxes of $75.3 million and diluted EPS of $0.48. For the full year, GAAP income reached $170.2 million, with diluted EPS at $1.13. Distributable earnings for Q4 were $38.9 million ($0.31 per share), totaling $148.4 million ($1.16 per share) for the year. CEO Brian Harris emphasized the company’s double-digit growth in earnings and dividends, strong credit performance, and favorable positioning for 2023 with significant liquidity and low leverage. A conference call scheduled for February 9, 2023, will discuss these results further.

Ladder Capital Corp (NYSE: LADR) will announce its fourth quarter 2022 results on February 9, 2023, after market close. A conference call for investors is scheduled for 5:00 p.m. Eastern Time on the same day. Participants can join by calling (877) 407-4018 domestically or (201) 689-8471 internationally. An audio replay will be available from 8:00 p.m. Eastern Time on February 9 through midnight on February 23, accessible via (844) 512-2921 domestically and (412) 317-6671 internationally. Ladder, a commercial real estate investment trust with $5.9 billion in assets as of September 30, 2022, focuses on senior secured assets and flexible capital solutions.

org value="NYSE:LADR"Ladder Capital Corp announced the tax treatment for its 2022 Class A common stock dividends. For the tax year ending December 31, 2022, total dividends amount to $1.080 per share, with ordinary dividends at $0.184. The record date for the final dividend was 12/31/2022, and payments were made on 1/17/2023. Notable classifications include capital gain distributions and returns of capital, reflecting the company's focus on maintaining shareholder capital while providing returns. As of September 30, 2022, Ladder's assets were valued at $5.9 billion.

Ladder Capital Corp (NYSE: LADR) declared a $0.23 cash dividend per share for Q4 2022, payable on January 17, 2023, to stockholders of record by December 31, 2022. The company, with $5.9 billion in assets, focuses on preserving shareholder capital and providing attractive risk-adjusted returns through senior secured assets. Founded in 2008, Ladder is led by CEO Brian Harris and operates primarily in commercial real estate, offering flexible capital solutions. The forward-looking statements are subject to risks, including the impact of COVID-19 on operations.

Ladder Capital Corp (NYSE: LADR) reported strong financial results for Q3 2022, with a GAAP income before taxes of $31.3 million and diluted EPS of $0.23. Distributable earnings reached $34.3 million, translating to $0.27 of distributable EPS. CEO Brian Harris highlighted continued growth in net interest income and robust dividend coverage, alongside a strong liquidity position and moderate leverage. The company, with $5.9 billion in assets, focuses on senior secured commercial real estate loans and aims to deliver attractive risk-adjusted returns for shareholders.