NYSE:RC Ready Capital (RC) Stock Forecast, Price & News $10.37 -0.21 (-1.98%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$10.37▼$10.5950-Day Range$10.36▼$11.9452-Week Range$9.36▼$13.74Volume1.11 million shsAverage Volume1.15 million shsMarket Capitalization$1.78 billionP/E Ratio3.93Dividend Yield5.40%Price Target$12.71 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ready Capital MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside22.6% Upside$12.71 Price TargetShort InterestBearish4.06% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.90Based on 2 Articles This WeekInsider TradingSelling Shares$284,866 Sold Last QuarterProj. Earnings Growth10.71%From $1.40 to $1.55 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.38 out of 5 starsFinance Sector389th out of 835 stocksReal Estate Investment Trusts Industry82nd out of 180 stocks 2.2 Analyst's Opinion Consensus RatingReady Capital has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.71, Ready Capital has a forecasted upside of 22.6% from its current price of $10.37.Amount of Analyst CoverageReady Capital has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.06% of the outstanding shares of Ready Capital have been sold short.Short Interest Ratio / Days to CoverReady Capital has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Ready Capital has recently increased by 12.58%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipReady Capital is a leading dividend payer. It pays a dividend yield of 5.29%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthReady Capital does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ready Capital is 21.21%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ready Capital will have a dividend payout ratio of 36.13% next year. This indicates that Ready Capital will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RC. Previous Next 1.6 News and Social Media Coverage News SentimentReady Capital has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ready Capital this week, compared to 2 articles on an average week.Search InterestOnly 11 people have searched for RC on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Ready Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ready Capital insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $284,866.00 in company stock.Percentage Held by InsidersOnly 0.95% of the stock of Ready Capital is held by insiders.Percentage Held by Institutions52.07% of the stock of Ready Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ready Capital are expected to grow by 10.71% in the coming year, from $1.40 to $1.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ready Capital is 3.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Ready Capital is 3.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 82.47.Price to Book Value per Share RatioReady Capital has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ready Capital (NYSE:RC) StockReady Capital Corporation operates as a real estate finance company in the United States. The company originates, acquires, finances, and services small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, construction loans, and mortgage-backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking. The SBC Lending and Acquisitions segment originates SBC loans across the full life-cycle of an SBC property, including construction, bridge, stabilized, and agency channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program. The Residential Mortgage Banking segment originates residential mortgage loans. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.Read More RC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RC Stock News HeadlinesSeptember 18, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Ready Capital (RC) and Lennar (LEN)September 15, 2023 | finance.yahoo.comReady Capital Corporation Declares Third Quarter 2023 DividendsSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 6, 2023 | finance.yahoo.comOne Clippinger Downtown Sacramento building bankruptcy resolved with sale, another ongoingSeptember 3, 2023 | seekingalpha.comReady Capital: A Fat 14.5% CRE Yield After The Merger With BroadmarkAugust 29, 2023 | msn.comB. Riley Securities Reiterates Ready Capital (RC) Buy RecommendationAugust 8, 2023 | msn.comReady Capital: Leverage Vs. DistributionsAugust 8, 2023 | markets.businessinsider.comPiper Sandler Reaffirms Their Hold Rating on Ready Capital (RC)September 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. August 8, 2023 | markets.businessinsider.comJMP Securities Sticks to Its Buy Rating for Ready Capital (RC)August 8, 2023 | finance.yahoo.comReady Capital Corporation Reports Second Quarter 2023 ResultsAugust 4, 2023 | benzinga.comPreview: Ready Capital's EarningsAugust 1, 2023 | seekingalpha.comRC.PE Ready Capital Corporation 6.50% CUM PFD EJuly 31, 2023 | finance.yahoo.comReady Capital Corporation Announces Second Quarter 2023 Results and Webcast CallJuly 16, 2023 | finance.yahoo.comReady Capital Corporation (NYSE:RC) surges 4.8%; individual investors who own 58% shares profited along with institutionsJuly 12, 2023 | finance.yahoo.comReady Capital Teams Up with Esusu to Help Multifamily Sponsors Bolster Credit Scores for RentersJuly 8, 2023 | wsj.comReady Capital Corp. 6.5% Cum. Redeem. Pfd. Series EJuly 6, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Ready Capital (RC) Stock?June 28, 2023 | msn.comReady Capital: Why Decreased Distributable Earnings Are Not FrighteningJune 21, 2023 | au.finance.yahoo.comRC - Ready Capital CorporationJune 20, 2023 | fool.comReady Capital (NYSE: RC)June 15, 2023 | finance.yahoo.comReady Capital Corporation Declares Second Quarter 2023 Preferred DividendsJune 15, 2023 | msn.comReady Capital Series E declares $0.4062 dividendJune 5, 2023 | finance.yahoo.comReady Capital (RC) Rolls Out $100M Share Repurchase ProgramJune 1, 2023 | msn.comReady Capital OKs $100M stock buybackJune 1, 2023 | finance.yahoo.comReady Capital to Present at Nareit’s REITweek 2023June 1, 2023 | finance.yahoo.comReady Capital Corporation Announces New Share Repurchase ProgramSee More Headlines Receive RC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ready Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address RC Company Calendar Last Earnings2/27/2023Ex-Dividend for 7/31 Dividend6/29/2023Dividend Payable7/31/2023Today9/27/2023Ex-Dividend for 10/31 Dividend9/28/2023Dividend Payable10/31/2023Next Earnings (Estimated)11/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:RC CUSIP98886K10 CIK1527590 Webwww.sutherlandam.com Phone(212) 257-4600FaxN/AEmployees582Year Founded2007Price Target and Rating Average Stock Price Forecast$12.71 High Stock Price Forecast$15.50 Low Stock Price Forecast$10.50 Forecasted Upside/Downside+22.6%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.64 Trailing P/E Ratio3.93 Forward P/E Ratio7.41 P/E GrowthN/ANet Income$194.26 million Net Margins40.49% Pretax Margin42.60% Return on Equity9.24% Return on Assets1.56% Debt Debt-to-Equity Ratio0.47 Current Ratio1.63 Quick Ratio1.63 Sales & Book Value Annual Sales$930.69 million Price / Sales1.92 Cash Flow$1.96 per share Price / Cash Flow5.29 Book Value$16.10 per share Price / Book0.64Miscellaneous Outstanding Shares171,970,000Free Float170,338,000Market Cap$1.78 billion OptionableNot Optionable Beta1.40 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Andrew Ahlborn CPA (Age 38)CFO & Sec. Comp: $1.7MMr. Gary T. Taylor (Age 63)Chief Operating Officer Comp: $1.52MMr. Adam Zausmer (Age 44)Chief Credit Officer Comp: $1.7MMr. Thomas Edward Capasse (Age 66)Chairman, CEO & Chief Investment Officer Mr. Jack Jay Ross CPA (Age 66)Pres & Director Mr. Brian DunnDirector of Fin. DivisionMr. Alex OvalleMD & National Sales Mang.Mr. Richard KatzensteinMD & Head of Strategic PartnershipsDavid A. CohenMD & Co-Head of the National Bridge Lending PlatformMore ExecutivesKey CompetitorsApollo Commercial Real Estate FinanceNYSE:ARIChimera InvestmentNYSE:CIMTwo Harbors InvestmentNYSE:TWOPennyMac Mortgage Investment TrustNYSE:PMTMFA FinancialNYSE:MFAView All CompetitorsInsiders & InstitutionsBarclays PLCBought 42,381 shares on 9/21/2023Ownership: 0.055%Portside Wealth Group LLCBought 11,347 shares on 9/1/2023Ownership: 0.007%Wolverine Trading LLCSold 115,400 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Sold 6,455 shares on 8/21/2023Ownership: 0.067%Teachers Retirement System of The State of KentuckyBought 1,788 shares on 8/21/2023Ownership: 0.019%View All Insider TransactionsView All Institutional Transactions RC Stock - Frequently Asked Questions Should I buy or sell Ready Capital stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ready Capital in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RC, but not buy additional shares or sell existing shares. View RC analyst ratings or view top-rated stocks. What is Ready Capital's stock price forecast for 2023? 5 Wall Street research analysts have issued 1-year target prices for Ready Capital's shares. Their RC share price forecasts range from $10.50 to $15.50. On average, they anticipate the company's share price to reach $12.71 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price. View analysts price targets for RC or view top-rated stocks among Wall Street analysts. How have RC shares performed in 2023? Ready Capital's stock was trading at $11.14 at the beginning of the year. Since then, RC stock has decreased by 6.9% and is now trading at $10.37. View the best growth stocks for 2023 here. When is Ready Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023. View our RC earnings forecast. How were Ready Capital's earnings last quarter? Ready Capital Co. (NYSE:RC) posted its earnings results on Monday, February, 27th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.01. The real estate investment trust earned $249.49 million during the quarter, compared to the consensus estimate of $73.45 million. Ready Capital had a trailing twelve-month return on equity of 9.24% and a net margin of 40.49%. How often does Ready Capital pay dividends? What is the dividend yield for Ready Capital? Ready Capital declared a quarterly dividend on Friday, September 15th. Investors of record on Friday, September 29th will be given a dividend of $0.36 per share on Tuesday, October 31st. This represents a $1.44 dividend on an annualized basis and a yield of 13.89%. The ex-dividend date is Thursday, September 28th. This is a boost from the stock's previous quarterly dividend of $0.14. Read our dividend analysis for RC. What ETFs hold Ready Capital's stock? ETFs with the largest weight of Ready Capital (NYSE:RC) stock in their portfolio include VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), WisdomTree Alternative Income Fund (HYIN), Global X SuperDividend ETF (SDIV), First Trust Multi-Asset Diversified Income Index Fund (MDIV), Invesco KBW High Dividend Yield Financial ETF (KBWD).SPDR S&P 600 Small Cap ETF (SLY). Is Ready Capital a good dividend stock? Ready Capital (NYSE:RC) pays an annual dividend of $0.56 per share and currently has a dividend yield of 5.25%. RC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 21.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RC will have a dividend payout ratio of 36.13% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RC. What is Randy Fowlie's approval rating as Ready Capital's CEO? 6 employees have rated Ready Capital Chief Executive Officer Randy Fowlie on Glassdoor.com. Randy Fowlie has an approval rating of 68% among the company's employees. What other stocks do shareholders of Ready Capital own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ready Capital investors own include New Residential Investment (NRZ), CBL & Associates Properties (CBL), Washington Prime Group (WPG), Golar LNG Partners (GMLP), Pennsylvania Real Estate Investment Trust (PEI), Gran Tierra Energy (GTE), EnLink Midstream (ENLC), DHT (DHT), CNBX Pharmaceuticals (CNBX) and Matinas BioPharma (MTNB). What is Ready Capital's stock symbol? Ready Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "RC." Who are Ready Capital's major shareholders? Ready Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (24.60%), State Street Corp (5.24%), Geode Capital Management LLC (2.83%), Northern Trust Corp (1.83%), Charles Schwab Investment Management Inc. (1.59%) and Mirae Asset Global Investments Co. Ltd. (1.43%). Insiders that own company stock include Andrea Petro, Andrew Ahlborn, Dominique Mielle, Gilbert E Nathan, Thomas E Capasse and Thomas E Capasse. View institutional ownership trends. How do I buy shares of Ready Capital? Shares of RC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ready Capital's stock price today? One share of RC stock can currently be purchased for approximately $10.37. How much money does Ready Capital make? Ready Capital (NYSE:RC) has a market capitalization of $1.78 billion and generates $930.69 million in revenue each year. The real estate investment trust earns $194.26 million in net income (profit) each year or $2.64 on an earnings per share basis. How many employees does Ready Capital have? The company employs 582 workers across the globe. How can I contact Ready Capital? Ready Capital's mailing address is 1251 AVENUE OF THE AMERICAS 50TH FLOOR, NEW YORK NY, 10020. The official website for the company is www.sutherlandam.com. The real estate investment trust can be reached via phone at (212) 257-4600 or via email at investorrelations@readycapital.com. This page (NYSE:RC) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ready Capital Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.