Ladder Capital Corp
Ladder Capital Corp (LADR) is listed on NYSE and classified in REIT - Mortgage, part of the Real Estate sector. It is headquartered in New York, United States and has 60 employees. The company is worth $1.18B and trades at 11.2x its earnings of the last twelve months; the median for its sector is 22.1x. Revenue was $99.31M in fiscal 2025, up 0.6% from the year before. Net income was $63.7M. The share price is 18.8% below its 52-week high of $11.48. It pays a dividend yielding 9.87%. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $30.81M. In that quarter, 2 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -20.0% over 5Y.
today you would have $1,162.00▲ +16.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 12 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $10.99 | $11.19 | $11.51 | $10.04 | $11.99 | $9.78 | $18.04 | $15.47 | $13.63 | $13.72 | $12.42 | $19.61 | |
| P/E | 13.0x | 21.5x | 13.0x | 14.2x | 8.9x | 26.6x | — | 15.7x | 8.4x | 12.1x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 3.2% a year plus a 9.9% dividend yield. Growth capped at 25%.
Median P/E of 22.1 among peers in the sector.
Median P/E of 13.0 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| IRSIrsa Investments & Representations Inc | $14.13 | 3.9x | 0.8x | 10.05% | 18.09% | $1.2B |
| PDMPiedmont Realty Trust, Inc. | $9.63 | — | 0.8x | 0.00% | -5.34% | $1.21B |
| UNITUniti Group Inc. | $5.19 | 3.4x | 7.6x | 0.00% | — | $1.26B |
| ALXAlexanders Inc | $247.25 |
| 12.9x |
| 8.7x |
| 22.8x |
| P/S | 14.3x | — | 14.3x | 14.8x | 11.7x | 14.7x | 11.0x | 18.0x | 14.2x | 15.5x | 19.1x | 2.0x | 6.4x |
| P/B | 1.0x | — | 0.9x | 0.9x | 0.8x | 1.0x | 0.7x | 1.3x | 1.0x | 1.2x | 1.5x | 0.8x | 2.4x |
| EPS | $0.51 | $0.86 | $0.81 | $1.13 | $0.45 | -$0.13 | $1.15 | $1.84 | $1.13 | $1.06 | $1.42 | $0.86 |
| Dividend yield | 8.76% | 8.37% | 8.22% | 7.99% | 8.76% | 6.67% | 9.61% | 7.54% | 9.92% | 8.91% | 9.37% | 17.91% | — |
| Payout | 115.92% | 180.39% | 106.98% | 113.58% | 77.88% | 177.78% | — | 118.26% | 83.42% | 107.52% | 121.23% | 156.69% | — |
| Profit margin | 106.27% | 64.14% | 108.88% | 103.66% | 152.68% | 56.02% | -9.43% | 128.80% | 208.78% | 130.21% | 147.16% | 44.36% | 32.66% |
| ROE | 9.79% | 4.29% | 7.00% | 6.56% | 10.78% | 3.77% | -0.61% | 9.39% | 15.34% | 10.19% | 11.71% | 17.64% | 12.43% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 9.1% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
+27.4% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 7.2x |
| 5.6x |
| 7.28% |
| 92.02% |
| $1.26B |
| FISKEmpire State Realty OP, L.P. | $4.51 | 225.5x | 0.7x | 3.10% | 0.52% | $1.26B |
| DEAEasterly Government Properties, Inc. | $22.57 | 118.8x | 0.8x | 7.98% | 0.77% | $1.11B |