Ladder Capital Corp Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
Analyst Coverage
7analysts covering
FY EPS (est.)
$1.01next fiscal year
Monitoring Framework
Key Performance Indicators
Distributable Earnings Quarterly28M
Distributable Earnings Per Share (EPS) Quarterly0.2
Total Assets Quarterly5.6B
Adjusted Leverage Ratio Quarterly2.3x
Watch Items
- Commercial Real Estate Loan Portfolio Performance & CECL ReservesAction: Re-evaluate the credit quality of the underlying commercial real estate collateral, particularly office sector exposures (which represent ~23% of the loan portfolio), and adjust the book value per share projections.
- Dividend Coverage RatioTrigger: A decline in dividend coverage below 95% (Q1 2026 stood at 96% with a $0.23 quarterly dividend against $0.22 distributable EPS).Action: Assess the sustainability of the $0.23 per share quarterly dividend and review the pace of capital rotation into higher-yielding commercial real estate loans.
- Unsecured Capital Commitments & Liquidity CapacityTrigger: Undrawn capacity falling below $1.0 billion or failure to fully draw the $275 million term loan in Q2 2026.Action: Analyze funding costs, net interest margin compression, and the ability to support the loan origination pipeline without relying on high-cost secured financing.
Research as of 20 Jun 2026