NYSE:RC Ready Capital (RC) Stock Price, News & Analysis $9.32 +0.19 (+2.08%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$9.19▼$9.3250-Day Range$7.98▼$9.4052-Week Range$7.93▼$11.83Volume1.06 million shsAverage Volume1.45 million shsMarket Capitalization$1.57 billionP/E Ratio5.79Dividend Yield12.88%Price Target$10.93 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Ready Capital alerts: Email Address Ready Capital MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside17.3% Upside$10.93 Price TargetShort InterestBearish7.30% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 4 Articles This WeekInsider TradingAcquiring Shares$82,900 Bought Last QuarterProj. Earnings Growth11.97%From $1.17 to $1.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.51 out of 5 starsFinance Sector365th out of 898 stocksReal Estate Investment Trusts Industry70th out of 181 stocks 2.0 Analyst's Opinion Consensus RatingReady Capital has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 5 hold ratings, and 1 sell rating.Amount of Analyst CoverageReady Capital has only been the subject of 2 research reports in the past 90 days.Read more about Ready Capital's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.30% 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 8.5.Change versus previous monthShort interest in Ready Capital has recently decreased by 4.14%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipReady Capital is a leading dividend payer. It pays a dividend yield of 13.33%, 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 74.53%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Ready Capital will have a dividend payout ratio of 91.60% in the coming year. This indicates that Ready Capital may not be able to sustain their current dividend.Read more about Ready Capital's 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 3.2 News and Social Media Coverage News SentimentReady Capital has a news sentiment score of 0.67. 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 is a higher news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 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 -39% compared to the previous 30 days.MarketBeat Follows10 people have added Ready Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ready Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $82,900.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.09% of the stock of Ready Capital is held by insiders.Percentage Held by Institutions55.87% of the stock of Ready Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ready Capital's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ready Capital are expected to grow by 11.97% in the coming year, from $1.17 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ready Capital is 5.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Ready Capital is 5.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.20.Price to Book Value per Share RatioReady Capital has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Ready Capital's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Ready Capital Stock (NYSE:RC)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. The LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and acquires purchased future receivables. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RC Stock News HeadlinesJuly 26 at 8:23 AM | finance.yahoo.comRC Oct 2024 11.000 call (RC241018C00011000)July 25 at 2:00 AM | americanbankingnews.comHead-To-Head Analysis: Ready Capital (NYSE:RC) vs. SBA Communications (NASDAQ:SBAC)July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 21, 2024 | americanbankingnews.comReady Capital (NYSE:RC) Now Covered by Analysts at BTIG ResearchJuly 21, 2024 | finance.yahoo.comSTX CAN.50 RC.5 RV GR CAD (S877.Z)June 24, 2024 | prnewswire.comiBusiness Funding, LLC, a division of Ready Capital Corporation, Enters Definitive Agreement to Acquire Funding Circle USA (FC USA), Inc. and Return Funding Circle's Newly Acquired SBLC License to the SBAJune 14, 2024 | globenewswire.comReady Capital Corporation Declares Second Quarter 2024 DividendsJune 11, 2024 | globenewswire.comReady Capital Announces Acquisition of Madison OneJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.June 3, 2024 | globenewswire.comReady Capital to Present at Nareit's REITweek 2024May 21, 2024 | globenewswire.comReady Capital Announces 103% Increase in SBA 7(a) Loans Year to Date and Names Gary Taylor as CEO of ReadyCap LendingMay 20, 2024 | seekingalpha.comReady Capital: It Isn't Ready YetMay 15, 2024 | investorplace.com7 Dividend Stocks With Yields Over 7% Set to ExplodeMay 11, 2024 | msn.comLadenburg Thalmann Downgrades Ready Capital (RC)May 10, 2024 | finance.yahoo.comReady Capital Corp Reports Mixed Q1 2024 Results Amidst Commercial Real Estate ChallengesMay 9, 2024 | msn.comReady Capital Q1 distributable earnings rise even in wake of CRE slumpMay 9, 2024 | seekingalpha.com10 REITs In Under 5 MinutesMay 9, 2024 | investorplace.comRC Stock Earnings: Ready Capital Beats EPS, Misses Revenue for Q1 2024See 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 Company Calendar Ex-Dividend for 4/30 Dividend3/27/2024Dividend Payable4/30/2024Last Earnings5/08/2024Ex-Dividend for 7/31 Dividend6/28/2024Today7/26/2024Dividend Payable7/31/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryMortgage REITs Current SymbolNYSE:RC CUSIP98886K10 CIK1527590 Webwww.sutherlandam.com Phone(212) 257-4600FaxN/AEmployees600Year Founded2007Price Target and Rating Average Stock Price Target$10.93 High Stock Price Target$14.00 Low Stock Price Target$8.00 Potential Upside/Downside+18.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.61 Trailing P/E Ratio5.71 Forward P/E Ratio7.85 P/E GrowthN/ANet Income$339.45 million Net Margins23.81% Pretax Margin22.07% Return on Equity8.11% Return on Assets1.65% Debt Debt-to-Equity Ratio0.47 Current Ratio1.76 Quick Ratio1.76 Sales & Book Value Annual Sales$945.81 million Price / Sales1.63 Cash Flow$1.49 per share Price / Cash Flow6.16 Book Value$14.68 per share Price / Book0.63Miscellaneous Outstanding Shares168,100,000Free Float166,273,000Market Cap$1.54 billion OptionableOptionable Beta1.43 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Andrew Ahlborn CPA (Age 39)CFO & Secretary Comp: $1.7MMr. Gary T. Taylor (Age 64)Chief Operating Officer Comp: $1.52MMr. Adam Zausmer (Age 46)Chief Credit Officer Comp: $1.7MMr. Thomas Edward Capasse (Age 67)Chairman, CEO & Chief Investment Officer Mr. Jack Jay Ross CPA (Age 67)President & Director Mr. Brian DunnDirector of Finance DivisionMr. Alex OvalleMD & National Sales ManagerMr. Richard KatzensteinMD & Head of Strategic PartnershipsDavid A. CohenMD & Co-Head of the National Bridge Lending PlatformMore ExecutivesKey CompetitorsApollo Commercial Real Estate FinanceNYSE:ARITwo Harbors InvestmentNYSE:TWOPennyMac Mortgage Investment TrustNYSE:PMTChimera InvestmentNYSE:CIMMFA FinancialNYSE:MFAView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 38,371 shares on 7/26/2024Ownership: 0.708%Allspring Global Investments Holdings LLCBought 18,411 shares on 7/26/2024Ownership: 0.011%Institute for Wealth Management LLC.Sold 1,833 shares on 7/25/2024Ownership: 0.010%&PARTNERSSold 13,918 shares on 7/24/2024Ownership: 0.101%Arcus Capital Partners LLCSold 41,944 shares on 7/24/2024Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions RC Stock Analysis - Frequently Asked Questions How have RC shares performed this year? Ready Capital's stock was trading at $10.25 at the beginning of the year. Since then, RC stock has decreased by 9.1% and is now trading at $9.32. View the best growth stocks for 2024 here. How were Ready Capital's earnings last quarter? Ready Capital Co. (NYSE:RC) released its quarterly earnings data on Wednesday, May, 8th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. The real estate investment trust earned $232.35 million during the quarter, compared to analyst estimates of $64.34 million. Ready Capital had a net margin of 23.81% and a trailing twelve-month return on equity of 8.11%. 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. Who are Ready Capital's major shareholders? Top institutional investors of Ready Capital include Bank of New York Mellon Corp (0.71%), Clear Harbor Asset Management LLC (0.47%), &PARTNERS (0.10%) and Summit Global Investments (0.09%). Insiders that own company stock include Thomas E Capasse, Kevin M Luebbers, Gilbert E Nathan, Andrew Ahlborn, Dominique Mielle and Andrea Petro. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Ready Capital own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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), EnLink Midstream (ENLC). 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