Ready Capital (RC) Expected to Announce Earnings on Thursday

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 projected to announce its Q2 2025 earnings results before the market opens on Thursday, August 7th. 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 posted its quarterly earnings results on Thursday, May 8th. The real estate investment trust reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.21). Ready Capital had a positive return on equity of 5.53% and a negative net margin of 34.40%. The business had revenue of $40.24 million during the quarter, compared to the consensus estimate of $212.33 million. 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

RC stock traded down $0.06 during midday trading on Friday, hitting $4.15. The company's stock had a trading volume of 1,855,175 shares, compared to its average volume of 1,895,905. Ready Capital has a 12 month low of $3.92 and a 12 month high of $9.09. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $707.62 million, a price-to-earnings ratio of -2.39 and a beta of 1.47. The company has a 50 day moving average of $4.41 and a two-hundred day moving average of $5.03.

Ready Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Monday, June 30th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 12.0%. The ex-dividend date was Monday, June 30th. Ready Capital's dividend payout ratio is presently -28.74%.

Institutional Trading of Ready Capital

Several hedge funds have recently modified their holdings of RC. United Services Automobile Association purchased a new stake in Ready Capital in the first quarter worth $59,000. Dynamic Technology Lab Private Ltd purchased a new stake in Ready Capital in the first quarter worth $89,000. Strs Ohio purchased a new stake in Ready Capital in the first quarter worth $154,000. Intech Investment Management LLC increased its stake in Ready Capital by 13.1% in the first quarter. Intech Investment Management LLC now owns 230,177 shares of the real estate investment trust's stock worth $1,172,000 after purchasing an additional 26,607 shares during the period. Finally, Focus Partners Wealth increased its stake in Ready Capital by 13.1% in the first quarter. Focus Partners Wealth now owns 263,820 shares of the real estate investment trust's stock worth $1,343,000 after purchasing an additional 30,477 shares during the period. 55.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Keefe, Bruyette & Woods upped their price target on Ready Capital from $3.75 to $4.25 and gave the stock an "underperform" rating in a research note on Thursday, July 10th. UBS Group decreased their price objective on Ready Capital from $4.75 to $4.50 and set a "neutral" rating on the stock in a report on Wednesday, May 21st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus 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.