Ready Capital (RC) Set to Release Earnings on Thursday

Key Points

• Ready Capital is expected to report Q3 2026 results after market close on November 5. Analysts estimate a loss of $0.4217 per share and revenue of $23.10 million; the earnings call is scheduled for November 6 at 8:30 a.m. ET.
• The mortgage REIT reported a $0.47 per-share loss in the prior quarter, slightly better than estimates, but continues to show weak profitability with a negative net margin and return on equity.
• Analyst sentiment remains cautious. The stock has a consensus “Reduce” rating, an average price target of $1.50, and shares recently traded near $1.19 after falling within a 52-week range of $0.96 to $3.21.

Ready Capital (NYSE:RC - Get Free Report) will likely be issuing its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect Ready Capital to post earnings of ($0.4217) per share and revenue of $23.10 million for the quarter. Individuals can check the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, November 6, 2026 at 8:30 AM ET.

Ready Capital (NYSE:RC - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported ($0.47) EPS for the quarter, beating the consensus estimate of ($0.48) by $0.01. The company had revenue of $151.87 million for the quarter, compared to the consensus estimate of $16.41 million. Ready Capital had a negative net margin of 131.76% and a negative return on equity of 16.78%. On average, analysts expect Ready Capital to post ($1.00) EPS for the current fiscal year and ($0.44) EPS for the next fiscal year.

Ready Capital Stock Performance

Shares of Ready Capital stock opened at $1.19 on Thursday. The company has a market capitalization of $195.75 million, a PE ratio of -0.34 and a beta of 1.55. Ready Capital has a 52 week low of $0.96 and a 52 week high of $3.21. The stock's fifty day moving average is $1.45 and its two-hundred day moving average is $1.70. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.97.

Ready Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 3.4%. Ready Capital's dividend payout ratio (DPR) is -1.15%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on RC shares. Zacks Research raised Ready Capital from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 4th. UBS Group dropped their target price on Ready Capital from $2.50 to $2.00 and set a "neutral" rating on the stock in a research report on Thursday, July 16th. Keefe, Bruyette & Woods cut their price target on Ready Capital from $1.40 to $1.25 and set an "underperform" rating on the stock in a report on Friday, October 9th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Ready Capital in a research report on Friday, August 28th. Finally, Piper Sandler lowered their price objective on shares of Ready Capital from $2.00 to $1.25 and set a "neutral" rating for the company in a research note on Friday, October 9th. Three research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Reduce" and an average target price of $1.50.

Ready Capital Company Profile

Ready Capital Corporation NYSE: RC is a real estate finance company that operates as a mortgage real estate investment trust. The company provides financing to owners, operators and developers of commercial real estate, with a focus on small- to mid-sized properties and borrowers that may not be served by traditional banks.

Ready Capital originates, acquires, finances and services a range of commercial real estate loans. Its offerings have included bridge loans, construction loans, loans secured by transitional properties, multifamily financing and small business administration (SBA) loans.

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