Ladder Capital Q3 loan origination at three-year high

Ladder Capital

23/10/2025 13:38

Corrects EPS in Key Details table to $0.15, from $0.25

Overview

Ladder Capital Q3 GAAP income before taxes was $20.1 mln, diluted EPS at $0.15

Distributable EPS for Q3 was $0.25, reflecting strong earnings and ROE

Company closed $500 mln investment grade bond offering, enhancing liquidity

Outlook

Ladder Capital does not provide specific financial guidance for future periods

Result Drivers

LOAN ORIGINATION - Co achieved highest quarterly loan origination volume in over three years, contributing to strong earnings

BOND OFFERING - Successful $500 mln investment grade bond offering enhanced liquidity

BUSINESS MODEL - CEO attributes strong earnings and ROE to disciplined business model and conservative balance sheet

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.15
Q3 Pretax Profit
$20.13 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy"

Wall Street's median 12-month price target for Ladder Capital Corp is $13.00, about 16.2% above its October 21 closing price of $10.90

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw448kNFa

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 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)