Ladder Capital posts strong Q3 2026 earnings boosted by a $65.6 million real‑estate gain
Ladder Capital Corp reported GAAP income before taxes of $67.3 million for the quarter ended September 30, 2026, driven by a $65.6 million net gain on the sale of a net‑lease office property. Diluted GAAP earnings per share were $0.53 and distributable earnings were $44.7 million, or $0.35 per share. The company invested more than $700 million in new loans and securities and declared a quarterly dividend of $0.23 per share. Management said higher interest rates should support earnings and the dividend going forward.
Why it matters
The company expects higher rates to bolster earnings and sustain the dividend, according to management on the earnings call. Analysts have raised their EPS forecasts after the beat.
Key facts
- 1Ladder Capital recorded a net real‑estate gain of $65.6 million in Q3 2026. stocktitan.net
- 2GAAP income before taxes was $67.3 million for the quarter. tradingview.com
- 3Diluted GAAP earnings per share were $0.53. tradingview.com
- 4Distributable earnings were $44.7 million, or $0.35 per share. tradingview.com
- 5The company invested over $700 million in new loan and securities purchases during the quarter. tradingview.com
- 6A quarterly dividend of $0.23 per share was declared, payable on October 15. finance.yahoo.com
Open questions
- Revenue is reported as $118.9 million and $104.9 million for the same quarter.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.