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Why Ladder Capital's 9% Yield And Discounted Valuation Are Attractive
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Why Ladder Capital's 9% Yield And Discounted Valuation Are Attractive

Seeking Alpha·Gen Alpha·21 days ago
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Home Dividends Analysis REITs Analysis Financials  Summary Ladder Capital offers a 9% yield and trades at a 24% discount to undepreciated book value, presenting compelling value and income. LADR’s portfolio is 84% senior secured/investment-grade, with conservative underwriting and robust loan growth driven by capital recycling from securities. Management is capitalizing on CRE market dislocation, selectively originating new loans at attractive spreads and maintaining strong liquidity. Dividend coverage is expected to improve as LADR shifts from lower-yielding securities to higher-yielding loans, supporting the ‘Buy’ rating. Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More » Vivek Vishwakarma/iStock via Getty Images Now is a great time to be a high-yield investor, especially as the market heaps plenty of attention on AI stocks at high valuations.…

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