Ladder Cap Corp Stock Price, News & Analysis

Ladder Capital Corp (NYSE: LADR) will release its third quarter 2021 financial results on October 28, 2021, after market close. A conference call and webcast for investors is scheduled for 5:00 p.m. Eastern Time on the same day. Investors can access the call by dialing (877) 407-4018 domestically or (201) 689-8471 internationally. An audio replay will be available from 8:00 p.m. Eastern Time on October 28, 2021, until November 11, 2021. Ladder, founded in 2008, specializes in commercial real estate investment, managing assets worth $5.6 billion as of June 30, 2021.

Ladder Capital Corp (NYSE: LADR) has declared a third-quarter dividend of $0.20 per share of Class A common stock, payable on October 15, 2021, to stockholders of record by September 30, 2021. The company, with $5.6 billion in assets as of June 30, 2021, specializes in commercial real estate capital solutions. Its management team, possessing extensive industry experience, is notably aligned with shareholders, holding over 10% of the company's equity.

Ladder Capital Corp (NYSE: LADR) announced its second quarter 2021 results, reporting GAAP income before taxes of $10.1 million and diluted EPS of $0.08. The company achieved distributable earnings of $13.4 million, or $0.10 per share. With over $800 million in new originations and a strong pipeline, Ladder is well-positioned after successfully raising $650 million in unsecured corporate bonds and $498 million in managed CLO debt. The company’s total assets stood at $5.6 billion as of June 30, 2021, highlighting its robust capital structure and investment strategy.

Ladder Capital Corp (NYSE: LADR) will release its second quarter 2021 results on July 29, 2021, after market close. A conference call for investors will follow at 5:00 p.m. Eastern Time to discuss financial performance. Access the call by dialing (855) 327-6837 (domestic) or (631) 891-4304 (international). An audio replay will be available from 8:00 p.m. on July 29 until midnight on August 12, 2021. Ladder, a commercial real estate investment trust, manages $5.4 billion in assets and focuses on originating senior secured loans and investing in commercial real estate.

Ladder Capital Corp (NYSE: LADR) has declared a dividend of $0.20 per share for Q2 2021. This cash dividend will be payable on July 15, 2021, to stockholders on record as of June 30, 2021. As of March 31, 2021, Ladder holds $5.4 billion in assets and focuses on providing flexible capital solutions in the commercial real estate sector. Established in 2008, Ladder aims to preserve shareholder capital while generating attractive risk-adjusted returns, spearheaded by a management team with significant industry experience.

Ladder Capital Corp (NYSE: LADR) has announced the pricing of a private offering of $650 million in 4.750% Senior Notes due 2029, an increase of $250 million from the initial offering size. The offering is expected to close around June 23, 2021. Additionally, Ladder received upgraded ratings from S&P, Moody’s, and Fitch, boosting its long-term senior unsecured rating to BB- and revising its outlook to Stable. The Notes are restricted to qualified institutional buyers and will not be registered under the Securities Act.

Ladder Capital Corp (NYSE: LADR) announced a private offering of $650 million in 4.750% Senior Notes due 2029, increasing the offering size by $250 million. The sale is expected to close around June 23, 2021, subject to conditions. Proceeds will fund new loans, investments, and debt repayments. The notes, issued by Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation, will be unsecured obligations guaranteed by the company and its subsidiaries. As of March 31, 2021, Ladder manages $5.4 billion in assets, focusing on commercial real estate investments.

Ladder Capital Corp (NYSE: LADR) received a credit ratings upgrade from S&P Global, elevating its long-term senior unsecured rating to BB- from B+. This change reflects a reduction in recourse secured debt over the past year. Additionally, S&P affirmed Ladder’s long-term corporate family rating at BB- and revised its outlook to stable. As of March 31, 2021, Ladder managed assets worth $5.4 billion, focusing on senior secured investments in commercial real estate.

Ladder Capital Corp (NYSE: LADR) announced a private offering of $400 million in Senior Notes due 2029. The notes will be unsecured obligations of its subsidiaries, guaranteed by the Company and its domestic subsidiaries. The net proceeds will be utilized for general corporate purposes, including funding new loans and repaying indebtedness. The offering targets qualified institutional buyers under Rule 144A and Regulation S of the Securities Act. Ladder, a commercial real estate investment trust with $5.4 billion in assets, focuses on senior secured assets and aims to deliver risk-adjusted returns.