NYSE - Nasdaq Real Time Price USD

Ready Capital Corporation (RC)

8.84 +0.14 (+1.55%)
As of 10:16 AM EDT. Market Open.
Loading Chart for RC
DELL
  • Previous Close 8.70
  • Open 8.76
  • Bid 8.79 x 900
  • Ask 8.80 x 1800
  • Day's Range 8.76 - 8.84
  • 52 Week Range 8.25 - 11.97
  • Volume 142,436
  • Avg. Volume 1,476,338
  • Market Cap (intraday) 1.536B
  • Beta (5Y Monthly) 1.46
  • PE Ratio (TTM) 3.94
  • EPS (TTM) 2.24
  • Earnings Date May 6, 2024 - May 10, 2024
  • Forward Dividend & Yield 1.10 (12.64%)
  • Ex-Dividend Date Mar 27, 2024
  • 1y Target Est 10.19

Ready Capital Corporation operates as a real estate finance company in the United States. It operates through two segments: LMM Commercial Real Estate and Small Business Lending. The company originates, acquires, finances, and services lower-to-middle-market (LLM) commercial real estate loans, small business administration (SBA) loans, residential mortgage loans, construction loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments. The LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and acquires purchased future receivables. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.

www.readycapital.com

374

Full Time Employees

December 31

Fiscal Year Ends

Recent News: RC

Performance Overview: RC

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

RC
10.84%
S&P 500
7.00%

1-Year Return

RC
0.73%
S&P 500
25.35%

3-Year Return

RC
9.55%
S&P 500
22.09%

5-Year Return

RC
12.87%
S&P 500
74.42%

Compare To: RC

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: RC

Valuation Measures

Annual
As of 4/25/2024
  • Market Cap

    1.50B

  • Enterprise Value

    --

  • Trailing P/E

    3.88

  • Forward P/E

    9.03

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.19

  • Price/Book (mrq)

    0.62

  • Enterprise Value/Revenue

    7.54

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    79.07%

  • Return on Assets (ttm)

    2.92%

  • Return on Equity (ttm)

    15.46%

  • Revenue (ttm)

    429.31M

  • Net Income Avi to Common (ttm)

    333M

  • Diluted EPS (ttm)

    2.24

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    141.61M

  • Total Debt/Equity (mrq)

    349.06%

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: RC

Analyst Price Targets

8.00 Low
10.19 Average
8.84 Current
12.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: RC

Fair Value

8.84 Current
 

Dividend Score

0 Low
RC
Sector Avg.
100 High
 

Hiring Score

0 Low
RC
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
RC
Sector Avg.
100 High
 

Research Reports: RC

  • RC: What does Argus have to say about RC?

    READY CAPITAL CORP has an Investment Rating of SELL; a target price of $7.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Price Target
     
  • RC: What does Argus have to say about RC?

    READY CAPITAL CORP has an Investment Rating of SELL; a target price of $7.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Price Target
     
  • RC: What does Argus have to say about RC?

    READY CAPITAL CORP has an Investment Rating of SELL; a target price of $7.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Price Target
     
  • RC: What does Argus have to say about RC?

    READY CAPITAL CORP has an Investment Rating of SELL; a target price of $7.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Price Target
     

People Also Watch