Ladder Capital Slumps: LADR Falls 8.6% in Session

Ladder Capital Corp LADR saw a big move last session, as the company's shares fell by almost 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for LADR, as the stock is now down nearly 18% since Jan 4, 2016.

This slump shouldn't be too much of a surprise to investors, as the real estate finance company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

LADR currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Investors interested in the financial services industry may consider better-ranked stock like General Finance Corporation GFN, which carries a Zacks Rank #1 (Strong Buy).

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