Wall Street is positive on Ladder Capital Corp (LADR). On average, analysts give LADR a Strong Buy rating. The average price target is $10.25, which means analysts expect the stock to climb by 42.36% over the next twelve months.
That average ranking earns LADR an Analyst Rating of 68, which is better than 68% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Ladder Capital Corp Stock Today?
Ladder Capital Corp (LADR) stock is higher by 0.14% while the S&P 500 is lower by -0.73% as of 1:56 PM on Wednesday, Oct 14. LADR has gained $0.01 from the previous closing price of $7.19 on volume of 720,044 shares. Over the past year the S&P 500 is higher by 16.37% while LADR is lower by -58.12%. LADR earned $0.45 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.94.
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