Ladder Capital Corp
Change company Symbol lookup
Select an option...
LADR Ladder Capital Corp
NEMD iNeedMD Holdings Inc
CVS CVS Health Corp
CMI Cummins Inc
INVH Invitation Homes Inc
OII Oceaneering International Inc
SINO Sino-Global Shipping America Ltd
MLM Martin Marietta Materials Inc
KO Coca-Cola Co
VICI VICI Properties Inc
Go

Financials : Mortgage Real Estate Investment Trusts (REITs) | Small Cap Value
Company profile

Ladder Capital Corp is a commercial real estate finance company. The Company's segments include loans, securities, real estate and corporate/other. The loans segment includes mortgage loan receivables held for investment (balance sheet loans) and mortgage loan receivables held for sale (conduit loans). The securities segment consists of all of its activities related to commercial real estate securities, which include investments in commercial mortgage-backed securities (CMBS) and United States Agency Securities. The real estate segment includes net leased properties, office buildings, a warehouse and condominium units. The Corporate/other segment includes the Company's investments in joint ventures, other asset management activities and operating expenses. The Company invests primarily in loans, securities and other interests in the United States commercial real estate, with a focus on senior secured assets.

Closing Price
$7.50
Day's Change
0.10 (1.35%)
Bid
--
Ask
--
B/A Size
--
Day's High
7.58
Day's Low
7.29
Volume
(Heavy Day)
Volume:
1,591,881

10-day average volume:
934,402
1,591,881

UPDATE: Tesla's stock drops, Baird analyst sees lack of catalysts with Battery Day in the rearview

7:23 am ET September 23, 2020 (MarketWatch)
Print

Shares of Tesla Inc. (TSLA) dropped 5.4% in premarket trading Wednesday, after the leading electric vehicle maker's much-anticipated Battery Day (http://www.marketwatch.com/story/teslas-stock-skids-5-as-promised-battery-day-innovations-remain-off-in-the-future-2020-09-22) appeared to disappoint investors. Baird analyst Ben Kallo raised his price target to $360 from $332, but his new target is 15% below Tuesday's closing price of $424.23. Kallo reiterated his neutral rating, but said he believes the risk-versus-reward scenario for investors is skewed negatively. He said while Tesla is accomplishing "impressive" things, current valuation already reflects significant disruption potential. "With the Battery Day in the rearview, we think there is a lack of upcoming catalysts and are cautious about demand given the recessionary environment," Kallo wrote in a note to clients. "We are not downgrading to an underperform given our long-term constructive view of [Tesla], but we do think there will be an opportunity to buy shares lower." The stock has rocketed 407.1% year to date through Tuesday, while the S&P 500 has edged up 2.6%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 23, 2020 07:23 ET (11:23 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.