.jpg "Ladder Capital (NYSE: LADR)")
Today, the Chairman of Ladder Capital (NYSE: LADR), Alan Fishman, bought shares of LADR for $250.6K.
Following this transaction Alan Fishman’s holding in the company was increased by 21.03% to a total of $1.44 million.
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Based on Ladder Capital’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $162 million and quarterly net profit of $50.88 million. In comparison, last year the company earned revenue of $94.92 million and had a net profit of $13.47 million. LADR’s market cap is $1.4B and the company has a P/E ratio of 10.69. Currently, Ladder Capital has an average volume of 828.9K.
Starting in February 2017, LADR received 15 Buy ratings in a row. Seven different firms, including B.Riley FBR and Deutsche Bank, currently also have a Buy rating on the stock.
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Ladder Capital Corp. operates as a holding company, which engages in commercial real estate finance services. The company invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets.
