Ladder Capital rises on Q3 profit beat

Ladder Capital

16/10/2026 16:39

** Shares of REIT Ladder Capital LADR.N rise 4.7% to $9.24
** Co reports Q3 distributable EPS of 35 cents, beating analysts' estimate of 31 cents - data compiled by LSEG
** CEO Brian Harris says the co made more than $700 million of new loans and securities in Q3
       ** 6 of 7 brokerages rate the stock "buy" or higher and 1 "hold"; median PT is $11.50 - data compiled by LSEG
       ** Including session's move, LADR down more than 15% YTD

(Reporting by Jayasree Prabhu)
((jayasree.prabhu@thomsonreuters.com))