Ladder Cap Corp Stock Price, News & Analysis

Ladder Capital Corp (NYSE: LADR) will announce its first quarter 2021 results on May 6, 2021, after market close. A conference call will be held at 5:00 p.m. ET to discuss these results, accessible at (877) 407-4018 domestically and (201) 689-8471 internationally. An audio replay will be available from 8:00 p.m. ET on May 6 until midnight on May 20, 2021. Ladder, a commercial real estate investment trust with $5.9 billion in assets as of December 31, 2020, focuses on preserving shareholder capital and generating attractive returns.

Ladder Capital Corp (NYSE: LADR) declared a first quarter 2021 cash dividend of $0.20 per share for its Class A common stock. This dividend is payable on April 15, 2021, to stockholders on record by the close of business on March 31, 2021. The company, with $5.9 billion in assets, focuses on preserving shareholder capital while offering attractive risk-adjusted returns. Ladder specializes in originating senior first mortgage loans and investing in real estate-related assets.

Ladder Capital Corp (NYSE: LADR) reported a GAAP loss before taxes of $16.3 million for Q4 2020, with diluted earnings per share at a loss of $0.10. For the full year, the GAAP loss was $19.2 million, resulting in a diluted loss per share of $0.13. However, distributable earnings for the quarter were $4.9 million ($0.05 EPS) and $68.3 million ($0.60 EPS) for the year. CEO Brian Harris emphasized the company's improved liquidity and plans for new loans and investments in 2021. A conference call will be held on February 25, 2021, to discuss these results further.

Ladder Capital Corp (NYSE: LADR) will announce its fourth quarter 2020 financial results on February 25, 2021, after market close. A conference call for investors is scheduled for 5:00 p.m. ET that same day. Participants can join by calling (877) 407-4018 domestically or (201) 689-8471 internationally.

A replay of the call will be available from 8:00 p.m. ET on February 25 until midnight on March 11. Ladder is a commercial real estate investment trust focused on preserving shareholder capital and providing attractive risk-adjusted returns.

Ladder Capital Corp (NYSE: LADR) has appointed Paul J. Miceli as Chief Financial Officer, effective March 1, 2021. Mr. Miceli succeeds Marc Fox, who will remain until May 7, 2021, to facilitate a smooth transition. Miceli, who joined Ladder in 2019, previously held key finance roles at Colony Capital and NorthStar Asset Management. CEO Brian Harris expressed confidence in Miceli's leadership during the transition. Ladder, focused on commercial real estate investments, has over $6 billion in assets and aims to deliver attractive risk-adjusted returns while preserving shareholder capital.

Ladder Capital Corp (NYSE: LADR) has disclosed the tax treatment for its 2020 Class A common stock dividends. The record date for the dividends was March 10, 2020, with a payable date of April 1, 2020. Shareholders received a total distribution of $0.740 per share, comprising ordinary dividends of $0.500, qualified dividends of $0.085, and Section 199A dividends of $0.155. Notably, the $0.200 fourth-quarter dividend paid on January 15, 2021, will be reported for 2021 tax purposes.

Ladder Capital Corp (NYSE: LADR) announced that Koch Real Estate Investments exercised its option to invest $32 million in Ladder's common equity, resulting in the issuance of 4 million shares. This follows a strategic financing agreement from April 2020, where Koch pledged $206.4 million for transitional and land loans. CEO Brian Harris expressed satisfaction with having Koch as a long-term investor. Jake Francis from Koch praised Ladder's risk management during the pandemic, indicating a strong partnership aimed at capitalizing on upcoming opportunities in the commercial real estate sector.

Ladder Capital Corp (NYSE: LADR) has declared a fourth quarter 2020 dividend of $0.20 per share of Class A common stock, payable on January 15, 2021, to stockholders of record as of December 31, 2020. The Company, with assets over $6 billion, is focused on preserving shareholder capital while providing attractive risk-adjusted returns. With expertise in commercial real estate, Ladder specializes in senior secured loans and investment-grade securities backed by commercial properties. Management aligns closely with investors, owning over 10% of the Company’s equity.

Ladder Capital Corp (NYSE: LADR) will release its third quarter 2020 results on October 29, 2020, after market close. A conference call will be held at 5:00 p.m. ET to discuss the financial results. 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. ET on October 29 through November 12, 2020, at (844) 512-2921 (domestic) or (412) 317-6671 (international).

Ladder Capital specializes in commercial real estate investment, managing over $6 billion in assets.