Investors favor dividend-yielding stocks amid market uncertainty. Ladr Capital has a dividend yield of 7.77%. Recent analyst ratings indicate a positive outlook for LADR. Analysts maintain Outperform ratings despite mixed quarterly results.
LADR's assets total around $5 billion, with a 7.5% dividend yield. Company's Q2 distributable earnings reached $40.4 million, or $0.31 per share. LADR's portfolio primarily focuses on senior secured loans and investment-grade tenants. Liquidity increased to $1.9 billion after a $500 million unsecured bond issuance. Analysts predict flat performance in 2023 but expect growth post-2024.
LADR reported Q2 2024 revenue of $76.73 million, up 3.5%. Earnings per share (EPS) of $0.31 missed last year's $0.33. Revenue exceeded expectations by 23.45%, indicating strong performance. Net interest income surpassed estimates, hinting at financial health. LADR's stock returned +3.9% while S&P 500 declined -0.3%.
- LADR reported quarterly earnings of $0.33 per share, beating estimates. - The company's revenues for the quarter surpassed the Zacks Consensus Estimate by 2.81%. - LADR shares have lost 8.8% YTD, underperforming the S&P 500. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings