Ready Capital (RC) Projected to Post Earnings on Wednesday

Key Points

• Ready Capital is set to announce its Q2 2025 earnings on Wednesday, August 6th, with analysts expecting earnings of $0.12 per share and revenue of $167.26 million.
• The company recently declared a quarterly dividend of $0.125 per share, resulting in an annualized dividend of $0.50 and a yield of 11.15%.
• Institutional investors currently hold 55.87% of Ready Capital's stock, with several firms increasing their stakes in the company during the first quarter.

Ready Capital (NYSE:RC - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $167.26 million for the quarter.

Ready Capital (NYSE:RC - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.21). The company had revenue of $40.24 million for the quarter, compared to analysts' expectations of $212.33 million. Ready Capital had a negative net margin of 34.40% and a positive return on equity of 5.53%. On average, analysts expect Ready Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ready Capital Price Performance

Shares of Ready Capital stock traded down $0.02 on Friday, hitting $4.20. 132,444 shares of the company traded hands, compared to its average volume of 2,435,738. Ready Capital has a 52 week low of $3.92 and a 52 week high of $9.09. The business has a 50-day simple moving average of $4.41 and a 200 day simple moving average of $5.07. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.78 and a current ratio of 1.78. The stock has a market capitalization of $715.29 million, a P/E ratio of -2.41 and a beta of 1.43.

Ready Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Monday, June 30th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 11.9%. The ex-dividend date of this dividend was Monday, June 30th. Ready Capital's dividend payout ratio is -28.74%.

Hedge Funds Weigh In On Ready Capital

A number of large investors have recently bought and sold shares of the business. United Services Automobile Association purchased a new stake in shares of Ready Capital in the first quarter valued at approximately $59,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Ready Capital during the first quarter valued at $89,000. Strs Ohio purchased a new stake in Ready Capital in the first quarter worth about $154,000. Intech Investment Management LLC grew its holdings in Ready Capital by 13.1% during the 1st quarter. Intech Investment Management LLC now owns 230,177 shares of the real estate investment trust's stock worth $1,172,000 after acquiring an additional 26,607 shares in the last quarter. Finally, Focus Partners Wealth increased its position in Ready Capital by 13.1% during the 1st quarter. Focus Partners Wealth now owns 263,820 shares of the real estate investment trust's stock valued at $1,343,000 after purchasing an additional 30,477 shares during the period. Hedge funds and other institutional investors own 55.87% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on RC. UBS Group cut their price objective on Ready Capital from $4.75 to $4.50 and set a "neutral" rating for the company in a research report on Wednesday, May 21st. Keefe, Bruyette & Woods lifted their price objective on Ready Capital from $3.75 to $4.25 and gave the stock an "underperform" rating in a research note on Thursday, July 10th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, Ready Capital has an average rating of "Hold" and an average price target of $7.04.

Ready Capital Company Profile

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.