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Ladder Capital Corp (NYSE:LADR) shareholders are probably feeling a little disappointed, since its shares fell 2.1% to US$11.54 in the week after its latest yearly results. Ladder Capital reported US$271m in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$0.86 beat expectations, being 7.8% higher than what the analysts expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
See our latest analysis for Ladder Capital
Taking into account the latest results, the most recent consensus for Ladder Capital from six analysts is for revenues of US$286.8m in 2025. If met, it would imply a reasonable 5.7% increase on its revenue over the past 12 months. Statutory earnings per share are forecast to reduce 6.3% to US$0.80 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$287.0m and earnings per share (EPS) of US$0.80 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
There were no changes to revenue or earnings estimates or the price target of US$13.32, suggesting that the company has met expectations in its recent result. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Ladder Capital, with the most bullish analyst valuing it at US$14.00 and the most bearish at US$12.75 per share. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Ladder Capital's past performance and to peers in the same industry. We would highlight that Ladder Capital's revenue growth is expected to slow, with the forecast 5.7% annualised growth rate until the end of 2025 being well below the historical 9.6% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 19% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Ladder Capital.