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.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Ladder Capital going out to 2026, and you can see them free on our platform here.

It is also worth noting that we have found 3 warning signs for Ladder Capital (2 are potentially serious!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.