Ladder Capital

LADR · NYSE

$9.05+$0.22 (+2.49%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $8.83

LADR analyst rating

BuyConsensus of 2 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy2
Hold0
Underperform0
Sell0

12-month price target · 9 analysts

Average $12.24 (+35.2% upside)

Low: $10.35
Now: $9.05
High: $14.18

Upgrades and downgrades

The latest rating actions, newest first

LADR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keefe, Bruyette & Woods	Oct 9, 2026	Maintains	Outperform	$10.75 → $10.25	51%
Keefe, Bruyette & Woods	Jul 28, 2026	Maintains	Outperform	$11.00 → $10.75	51%
Keefe, Bruyette & Woods	Apr 8, 2026	Maintains	Outperform	$11.50 → $11.00	51%
BTIG	Feb 2, 2026	Maintains	Buy	$13.50	28%

The case for and against

Updated Jan 12, 2026

Bull case

Ladder Capital Corp is expected to experience valuation improvement driven by anticipated earnings per share (EPS) growth, which is projected to lead to dividend growth by 2026. The company is poised to benefit from an improving environment for increased originations, alongside a strategic focus on originating senior first mortgage loans, which constitutes its primary revenue-generating activity. High liquidity of $1.0 billion, $3.7 billion in unencumbered assets, and a conservative leverage ratio of 1.6x further enhance the company's financial standing, making it an appealing investment at a price-to-book value of 0.82x.

Bear case

Ladder Capital faces a negative outlook primarily due to anticipated lower-than-expected originations and tightening conduit margins that could impact financial performance. Additionally, the challenging landscape of the legacy commercial real estate credit sector, heavily influenced by rising interest rates, raises concerns about financing availability and future credit performance. These factors contribute to a cautious sentiment surrounding the potential for investment yields and overall capital markets execution.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.