Ladder Capital Corp LADR
Ladder Capital Corp engages in three core business activities. Its Lending division originates first mortgage loans, comprising "conduit" loans backed by stable, revenue-generating commercial real estate, and "balance sheet" loans for commercial properties undergoing significant change, such as lease-up, sale preparation, or rehabilitation. This segment also deploys capital into various structured real estate debt instruments, including note purchase financings, subordinated debt, and mezzanine financing. The Securities division focuses its investments on commercial mortgage-backed securities (CMBS), U.S. Agency Securities, corporate bonds, and equity holdings. Through its Real Estate division, the company acquires and maintains a diverse portfolio of commercial and residential properties, which spans office buildings, student housing, hotels, industrial sites, retail centers, and condominium units. Established in 2008 and headquartered in New York City, Ladder Capital Corp is recognized as a real estate investment trust (REIT) for federal income tax purposes, enabling it to generally bypass federal corporate income taxes by distributing at least 90% of its taxable earnings to shareholders.
This overview is background from company filings and may not reflect the latest quarter — the figures above are the current data, and the SEC filings are the primary source.
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model LADR yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $392.30M | $64.18M | $33.29M | $275.39M | $87.02M |
| 2024 | $511.22M | $108.25M | $34.03M | $366.46M | $133.92M |
| 2023 | $525.09M | $101.12M | $31.71M | $381.55M | $180.60M |
| 2022 | $543.71M | $142.22M | $34.44M | $400.25M | $106.71M |
| 2021 | $358.21M | $56.52M | $39.69M | $280.46M | $79.74M |
| 2020 | $358.10M | $-14.45M | $41.31M | $249.54M | $111.94M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-06-15 | $0.23 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-03-13 | $0.23 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-12-15 | $0.23 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-15 | $0.23 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-06-13 | $0.23 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-03-14 | $0.23 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-13 | $0.23 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-09-13 | $0.23 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-06-14 | $0.23 | Quarterly |
| 2024-03-27 | 2024-03-28 | 2024-04-15 | 2024-03-15 | $0.23 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-16 | 2023-12-15 | $0.23 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-16 | 2023-09-15 | $0.23 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-17 | 2023-06-15 | $0.23 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-17 | 2023-03-15 | $0.23 | Quarterly |
| 2022-12-29 | 2022-12-31 | 2023-01-17 | 2022-12-15 | $0.23 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-17 | 2022-09-15 | $0.23 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-15 | 2022-06-15 | $0.22 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-15 | 2022-03-15 | $0.20 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-18 | 2021-12-15 | $0.20 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-15 | 2021-09-15 | $0.20 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-15 | 2021-06-15 | $0.20 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-15 | 2021-03-15 | $0.20 | Quarterly |
| 2020-12-30 | 2020-12-31 | 2021-01-15 | 2020-12-15 | $0.20 | Quarterly |
| 2020-09-09 | 2020-09-10 | 2020-10-01 | 2020-08-31 | $0.20 | Quarterly |
Coverage (payout of operating cash flow): 133.42%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — LADR
Ladder Capital Corp to Report Second Quarter 2026 Results
Ladder Capital Corp Announces Second Quarter 2026 Dividend to Holders of Class A Common Stock
2 Sleep-Well-At-Night Mortgage REITs For Income Investors
Implied Volatility Surging for Ladder Capital Corp Stock Options
Why Ladder Capital's 9% Yield And Discounted Valuation Are Attractive
Ladder Capital: 96% Dividend Coverage, Return To Growth, 9% Yield
Ladder Capital Corp (LADR) Q1 2026 Earnings Call Transcript
Ladder Capital (LADR) Matches Q1 Earnings Estimates
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
Other Mortgage REITs
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.