Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Ready Capital Corporation (RC)
NYSE:RC
Ready Capital (RC) Stock Price & Analysis
822 Followers
RC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.02 - $10.97
Previous Close$9.13
Volume1.39M
Average Volume (3M)1.46M
Market Cap
$1.58B
Enterprise Value$4.76B
Total Cash (Recent Filing)$181.91M
Total Debt (Recent Filing)$3.27B
Price to Earnings (P/E)4.1
Beta1.40
Next Earnings
May 07, 2024EPS Estimate
$0.29Last Dividend Ex-Date
Mar 27, 2024Dividend Yield15.99%
Share Statistics
EPS (TTM)2.30
Shares Outstanding172,554,524
10 Day Avg. Volume1,560,512
30 Day Avg. Volume1,457,334
Standard Deviation0.13
R-Squared0.32
Alpha-0.00685
Financial Highlights & Ratios
Price to Book (P/B)0.64
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-13.30
P/FCF Ratio3.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue285.23
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda5.14
Forecast
1Y Price Target
$10.20Price Target Upside11.72% Upside
Rating ConsensusHold
Number of Analyst Covering5
Ready Capital News
Ownership Overview
9.51% Insiders
10.01% Mutual Funds
34.97% Other Institutional Investors
45.51% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
RC FAQ
What was Ready Capital Corporation’s price range in the past 12 months?
Ready Capital Corporation lowest stock price was $8.02 and its highest was $10.97 in the past 12 months.
What is Ready Capital Corporation’s market cap?
Currently, no data Available
When is Ready Capital Corporation’s upcoming earnings report date?
Ready Capital Corporation’s upcoming earnings report date is May 07, 2024 which is in 16 days.
How were Ready Capital Corporation’s earnings last quarter?
Ready Capital Corporation released its earnings results on Feb 27, 2024. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.303 by -$0.043.
Is Ready Capital Corporation overvalued?
According to Wall Street analysts Ready Capital Corporation’s price is currently Undervalued.
Does Ready Capital Corporation pay dividends?
Ready Capital Corporation pays a Notavailable dividend of $0.3 which represents an annual dividend yield of 15.99%. See more information on Ready Capital Corporation dividends here
What is Ready Capital Corporation’s EPS estimate?
Ready Capital Corporation’s EPS estimate is $0.29.
How many shares outstanding does Ready Capital Corporation have?
Ready Capital Corporation has 172,554,520 shares outstanding.
What happened to Ready Capital Corporation’s price movement after its last earnings report?
Ready Capital Corporation reported an EPS of $0.26 in its last earnings report, missing expectations of $0.303. Following the earnings report the stock price went down -4.867%.
Which hedge fund is a major shareholder of Ready Capital Corporation?
Among the largest hedge funds holding Ready Capital Corporation’s share is Ellington Management Group LLC. It holds Ready Capital Corporation’s shares valued at 1M.
---
Ready Capital Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$10.20 (11.72% Upside)
$10.20 (11.72% Upside)
Blogger Sentiment
Neutral
RC Sentiment 50%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 13.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $211.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.3%
Last 30 Days ▼ 5.4%
Last 30 Days ▼ 5.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.05%
12-Months-Change
Fundamentals
Return on Equity
16.00%
Trailing 12-Months
Asset Growth
7.06%
Trailing 12-Months
Company Description
Ready Capital Corporation
Ready Capital Corp. is a real estate finance company, which engages in acquiring, managing, and financing small balance commercial loans. The company operates in four segments: SBC Originations, SBA Originations, Acquisitions & Servicing, Loan Acquisitions and Residential Mortgage Banking. The SBC Originations segment originate SBC loans secured by stabilized or transitional investor properties using multiple loan origination channels through its wholly-owned subsidiary, ReadyCap Commercial, LLC. The SBA Originations, Acquisitions & Servicing segment acquires, originates and services owner-occupied loans guaranteed by the SBA its wholly-owned subsidiary, ReadyCap Lending, LLC. The Loan Acquisitions segment acquires performing and non-performing SBC loans and intends to continue to acquire these loans as part of its business strategy. The Residential Mortgage Banking segment through its wholly-owned subsidiary, GMFS, LLC originates residential mortgage loans eligible to be purchased, guaranteed or insured by Fannie Mae, Freddie Mac, FHA, USDA and VA through retail, correspondent and broker channels. Ready Capital was founded in 2011 and is headquartered in New York, NY.
---
RC Earnings Call
Q4 2024
0:00 / 0:00
---
RC Stock 12 Months Forecast
Average Price Target
$10.20
▲(11.72% Upside)
Technical Analysis
Best Analysts Covering RC
1 Year
1 Year Success Rate
8/14 ratings generated profit
1 Year Average Return
+22.62%
reiterated a buy rating 2 months ago
Copying Steven Delaney's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +22.62% per trade.
---