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Zacks Investment Research upgraded Ladder Capital Corp (NASDAQ:LADR) to Hold in a report released today.

Zacks Investment Research has upgraded Ladder Capital Corp (NASDAQ:LADR) to Hold in a report released on 6/21/2017.

Yesterday Ladder Capital Corp (NASDAQ:LADR) traded 1.04% higher at $14.18. The company’s 50-day moving average is $13.49 and its 200-day moving average is $13.98. The last closing price is up -3.01% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 2,243,120 shares of the stock were exchanged, up from an average trading volume of 658,819

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Ladder Capital Corp (NASDAQ:LADR)

Ladder Capital Corp has a 52 week low of $12.14 and a 52 week high of $15.53 with a PE ratio of 11.85 Ladder Capital Corp’s market capitalization is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 7 brokers have issued a report on the company. The average stock price target is $14.64 with 2 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Ladder Capital Corp (NASDAQ:LADR)

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.

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