LADR
SinkerLadder Capital Corp · Real Estate · United States · $1.2B cap · $18.5M/day traded
$8.84 -1.3% · close 10 Nov · scored 11 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 11 Nov 2026, the MoatMap Score for Ladder Capital Corp (LADR) is 42/100, ranked against 25,000+ stocks in 38 markets (Quality 43, Value 45, Momentum 47, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT LADDER CAPITAL CORP
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Ladder Capital Corp is an internally managed commercial real estate finance company that operates as a real estate investment trust (REIT), primarily focused on originating senior secured first-mortgage loans. The company's competitive moat is driven by its diversified business model, which complements its lending business with a portfolio of net-leased physical real estate and investments in investment-grade securities. This multi-cylinder approach, combined with high insider ownership and a conservative leverage profile, provides Ladder with superior capital preservation and flexible liquidity across market cycles.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 339.7M | 269.0M | 277.5M | 212.9M | -14.4% | 273.0M | 299.0M | 283.3M | 15.3% |
| EPS | 1.14 | 0.81 | 0.86 | 0.51 | -23.5% | 0.79 | 0.65 | 0.65 | 12.9% |
| Shares | 126.5M | 126.9M | 127.1M | 127.2M | +0.6% | 126.0M | — | — | — |
| Debt | 3.4B | 3.2B | 3.1B | 2.9B | -5.3% | 4.4B | — | — | — |
| Equity | 1.5B | 1.5B | 1.5B | 1.5B | -1.1% | — | — | — | — |
| Op CF | 106.7M | 180.6M | 133.9M | 87.0M | -6.6% | 87.7M | — | — | — |
| Inv CF | 81.6M | 793.5M | 932.8M | -1.6B | — | — | — | — | — |
| Fin CF | -150.2M | -557.8M | -796.6M | 227.0M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 90% of stocks we rank over the past year (volatility 21% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of LADR are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| LADR | Ladder Capital Corp(you) | $1.2B | 42 |
| EFC | Ellington Financial Inc. | $1.5B | 38 |
| TRTX | TPG RE Finance Trust, Inc. | $482M | 40 |
| ADAM | Adamas Trust, Inc. | $702M | 31 |
| PMT | PennyMac Mortgage Investment Trust | $849M | 25 |
| FBRT | Franklin BSP Realty Trust, Inc. | $518M | 32 |
| NREF | NexPoint Real Estate Finance, Inc. | $360M | 47 |
| DX | Dynex Capital, Inc. | $2.7B | 28 |
| MFA | MFA Financial, Inc. | $673M | 22 |
| ORC | Orchid Island Capital, Inc. | $997M | 13 |
Peer medians: ROE 4.2% · P/E 24.0x · Gross margin 65.4%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.