Ladder Capital Q3 EPS Jumps to $0.53 as Distributable Earnings Climb 45%
LADR is trading near its 52-week low of $8.48 (5.5% above the low) on elevated volume (2.3× avg).
Summary
Ladder Capital reported Q3 2026 GAAP EPS of $0.53, up sharply from $0.12 in Q2, with distributable EPS of $0.35 versus $0.24 last quarter. The quarter included a $65.6 million gain on the sale of a net lease office asset in Jacksonville, FL, which drove much of the GAAP earnings jump, and GAAP pre-tax income of $67.3 million. Distributable earnings rose to $44.7 million from $30.8 million, and after-tax distributable ROAE improved to 12.1% from 8.3%. The company deployed over $700 million into new loans and securities and grew book value, while the dividend held steady at $0.23 per share. The conference call is scheduled for today at 10:00 a.m. ET.
At the time of this announcement, LADR was trading at $8.95 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $8.48 to $11.48. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.