Ladder Capital (LADR) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.32 per share a year ago.
I focus on safety with high-yielding stocks, showcasing three REITs yielding 8%-10%: Ladder Capital, NewLake Capital, and Starwood Property Trust. Ladder Capital offers an 8.2% yield with a diversified portfolio, strong balance sheet, and experienced management, ensuring safety and potential 20% annual returns. NewLake Capital, a cannabis REIT, yields 10.6% with solid financials and growth prospects, despite trading OTC and working on a TSX listing.
Ladder Capital offers a robust 7.8% dividend yield, well-covered by cash flows, making it an attractive high-income stock in a frothy market. LADR's diversified $5.5 billion portfolio, low leverage, and substantial insider ownership align management and shareholder interests. With $1.9 billion in liquidity, LADR is well-positioned for growth, focusing on high-quality assets and transitioning to new income sources.
Ladder Capital is a reliable choice for passive income, offering stable dividends with a solid loan portfolio and a consistent quarterly dividend. Despite a challenging market, Ladder Capital's loan provisions decreased significantly in the third quarter, improving net interest income by 13% year-over-year and indicating a strong loan quality profile. The stock trades at a 6% discount to BV and offers an 8% yield, with a conservative dividend payout ratio of 77%, providing a substantial margin of safety for investors.
Ladder Capital's Q3 earnings exceeded expectations, showing robust dividend coverage of 1.30X and a stable book value. The REIT's portfolio, primarily senior secured loans, is well-managed despite challenges in the U.S. office sector. The CECL reserve declined $2M Q/Q, indicating strong loan quality. Ladder Capital's shares trade at a 5% discount to book value, offering potential capital upside in addition to an 8.1% dividend yield.
Ladder Capital Corp (NYSE:LADR ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Pamela McCormack - Founder and President Paul Miceli - CFO Brian Harris - Founder and CEO Adam Siper - Head of Origination Conference Call Participants Stephen Laws - Raymond James Tom Catherwood - BTIG Steve DeLaney - JMP Securities Jade Rahmani - KBW Matthew Howlett - B. Riley Securities FBR Operator Good morning, and welcome to Ladder Capital Corp's Earnings Call for the Third Quarter of 2024.
Ladder Capital (LADR) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.31 per share a year ago.
Dividend-paying stocks like Energy Transfer and Ladder Capital offer high yields and diversification, making them attractive for income-focused investors. ET's robust growth is driven by strategic acquisitions, a vast pipeline network, and fee-based cash flows, making it a top value pick in the energy midstream space. Ladder Capital benefits from a diversified portfolio, prudent management, and strong liquidity, while trading at a material discount to book value with an 8.4% dividend yield.
Ladder Capital has benefited from a surprisingly resilient economy, easing interest rates, and a gradual return to office work.
Tech stocks' growth may be peaking, dividend stocks are finally having their time in the sun. Ladder Capital offers a 7.5% yield, 135% dividend coverage, and trades at a 10% discount to undepreciated book value. With $1.2 billion in cash and equivalents and a lower leverage profile than peers, LADR is well-positioned for future opportunities.
Ladder Capital Corporation covered its dividend with distributable earnings in Q2 and maintained stable book value YoY. Ladder Capital's 8% yield offers passive income investors a high margin of safety, implying sustainable dividends. Market recognizes Ladder Capital's robust portfolio quality with only a 2% discount to book value.
High-yield investor focusing on dividend quality. Two favorite high-yield stocks: Ladder Capital and Altria Group. Ladder is a commercial mortgage REIT that yields 7.9%.