NYSE$LADR
Ladder Capital Corp · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Ladder Capital reported a strong quarter with double-digit return on equity and maintained strong dividend coverage.
Ladder Capital Corp reported GAAP income before taxes of $28.1 million and diluted earnings per share of $0.23 for the quarter ended June 30, 2023. Distributable earnings were $41.5 million, or $0.33 of distributable EPS.
- Generated a double-digit return on equity.
- Maintained strong dividend coverage.
- Over 50% of assets are unencumbered.
- Well-positioned to capitalize on opportunities in the sector in the second half of 2023 and into 2024.
Headline financials
Revenue & EPS history
Ladder Capital · Revenue · Quarterly
$40.5M
Revenue by segment
Ladder Capital · $25M total across 2 segments · Q1 2023
- Real Estate Operating Income$23.2M—92.7%
- Fee and Other Income$1.83M—7.3%
Forward guidance
Ladder Capital believes it is well-positioned to capitalize on opportunities expected in the sector in the second half of 2023 and into 2024 due to its unencumbered assets, low leverage, and robust liquidity.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.7%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+1.9%
Avg return
30 days after
64%
32 / 50 earnings
Positive
+9.9%
Q4 2015
Best reaction
-13.1%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.0% | +2.2% | -1.4% | |
| Q4 2025 | -6.5% | -6.1% | -7.4% | |
| Q3 2025 | +0.5% | -1.8% | -2.6% | |
| Q2 2025 | -1.1% | -1.2% | +2.3% | |
| Q1 2025 | +0.4% | +2.4% | +0.8% | |
| Q4 2024 | +4.3% | +4.5% | +4.2% | |
| Q3 2024 | +2.8% | +2.4% | +6.7% | |
| Q2 2024 | +3.0% | +3.4% | +1.4% | |
| Q1 2024 | +4.8% | +2.2% | +5.0% | |
| Q4 2023 | +0.9% | -3.8% | +3.4% | |
| Q3 2023 | +3.9% | +10.5% | +20.8% | |
| Q2 2023 | -2.6% | -3.1% | -7.6% | |
| Q1 2023 | +4.5% | +1.9% | +7.0% | |
| Q4 2022 | +3.4% | +4.7% | -9.5% | |
| Q3 2022 | +3.8% | +6.9% | +9.0% | |
| Q2 2022 | +2.7% | -2.2% | -1.4% | |
| Q1 2022 | -3.8% | -4.0% | -2.1% | |
| Q4 2021 | -1.9% | -0.3% | -1.8% | |
| Q3 2021 | +2.4% | +2.4% | -1.6% | |
| Q2 2021 | +0.7% | -3.7% | +1.0% | |
| Q1 2021 | +3.2% | -1.6% | +3.5% | |
| Q4 2020 | -2.1% | -0.6% | +1.5% | |
| Q3 2020 | +7.4% | +10.6% | +39.0% | |
| Q2 2020 | +1.0% | -2.3% | +1.0% | |
| Q1 2020 | +0.3% | +7.3% | +19.7% | |
| Q4 2019 | -13.1% | -7.6% | -62.1% | |
| Q3 2019 | -0.1% | -0.4% | +4.3% | |
| Q2 2019 | -0.5% | -3.4% | -1.3% | |
| Q1 2019 | -6.9% | -6.5% | -6.9% | |
| Q4 2018 | +0.2% | -1.7% | -7.1% | |
| Q3 2018 | +1.7% | +2.9% | +4.8% | |
| Q2 2018 | +4.4% | +4.9% | +9.7% | |
| Q1 2018 | +0.1% | +3.1% | +12.7% | |
| Q4 2017 | -0.3% | +1.2% | +1.8% | |
| Q3 2017 | +1.0% | -0.4% | +0.0% | |
| Q2 2017 | +3.0% | +2.3% | +4.9% | |
| Q1 2017 | -0.8% | -2.9% | -3.0% | |
| Q4 2016 | +0.0% | +3.8% | +3.0% | |
| Q3 2016 | +4.4% | +5.1% | +17.9% | |
| Q2 2016 | +0.5% | +2.2% | +5.5% | |
| Q1 2016 | +1.0% | — | — | |
| Q4 2015 | +9.9% | — | — | |
| Q3 2015 | -4.8% | — | — | |
| Q2 2015 | +4.0% | — | — | |
| Q1 2015 | +3.3% | — | — | |
| Q4 2014 | -5.4% | — | — | |
| Q3 2014 | -0.3% | — | — | |
| Q2 2014 | -3.5% | — | — | |
| Q1 2014 | -0.3% | — | — | |
| Q4 2013 | +2.3% | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro