Key Takeaways:
- Ladder Capital's Q1 earnings and revenue fell short of expectations, but the company expanded its stock buyback program.
- Analysts predict a significant upside potential for Ladder Capital stock, with an average target price suggesting a 24.76% increase.
- GuruFocus estimates suggest a fair value that indicates a further 27.3% upside.
Ladder Capital Corp (NYSE: LADR) recently announced its first-quarter earnings results, reporting a non-GAAP EPS of $0.20, which was $0.02 below analysts' estimates. The company's revenue also took a hit, coming in at $51.2 million, a notable 25.4% decline compared to the same quarter last year and missing expectations by $8.63 million. Despite these figures, Ladder Capital has shown confidence in its future by expanding its stock buyback authorization to $100 million.
Wall Street Analysts Forecast
Investors have reason to be optimistic about Ladder Capital's future performance. According to one-year price targets set by six Wall Street analysts, the average target price for the stock is $12.75. This target represents a potential upside of 24.76% from its current trading price of $10.22, with estimates ranging from a high of $14.00 to a low of $11.00. For more detailed data, please visit the Ladder Capital Corp (LADR, Financial) Forecast page.
The stock holds an "Outperform" status with an average brokerage recommendation of 1.8 on a scale where 1 indicates a Strong Buy and 5 a Sell. This suggests that analysts generally see positive prospects for Ladder Capital, reinforcing investor confidence.
Moreover, GuruFocus provides an estimated GF Value for Ladder Capital at $13.01 for the following year. This reflects an additional potential upside of 27.3% from its current price. The GF Value represents GuruFocus' assessment of the fair trading value for the stock, calculated from historical trading multiples, past business growth, and future business performance projections. Explore more comprehensive data on the Ladder Capital Corp (LADR, Financial) Summary page.
In conclusion, while Ladder Capital's recent financial performance showed some setbacks, the company's strategic initiatives and the positive outlook from both analysts and GuruFocus suggest a promising future for investors who are considering this stock.
