B. Riley lowered the firm’s price target on Ready Capital to $12 from $13 and keeps a Buy rating on the shares. Ready Capital reported Q4 distributable EPS of 26c, down from 28c in Q3 and missing the firm’s 30c estimate, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RC:
- New Share Price & Shareholder Rights Risk for Ready Capital – What’s the Latest?
- Ready Capital price target lowered to $9.50 from $11 at Wedbush
- Ready Capital reports Q4 distributable EPS 26c, consensus 32c
- Ready Capital Corporation Reports Fourth Quarter 2023 Results
- RC Earnings this Week: How Will it Perform?