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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
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The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
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Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
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Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
NYSE:RC

Ready Capital - RC Stock Forecast, Price & News

$13.31
+0.18 (+1.37%)
(As of 02/7/2023 12:00 AM ET)
Add
Compare
Today's Range
$13.02
$13.34
50-Day Range
$11.14
$13.49
52-Week Range
$9.69
$15.92
Volume
537,564 shs
Average Volume
686,297 shs
Market Capitalization
$1.47 billion
P/E Ratio
5.81
Dividend Yield
11.89%
Price Target
$14.00

Ready Capital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.2% Upside
$14.00 Price Target
Short Interest
Healthy
3.35% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.46mentions of Ready Capital in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-12.83%
From $1.87 to $1.63 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.20 out of 5 stars

Finance Sector

468th out of 861 stocks

Real Estate Investment Trusts Industry

109th out of 190 stocks

RC stock logo

About Ready Capital (NYSE:RC) Stock

Ready Capital Corp. is a real estate finance company, which engages in acquiring, managing, and financing small balance commercial loans. It operates through the following segments: Acquisitions, SBC Originations, SBA Originations, Acquisitions & Servicing, and Residential Mortgage Banking. The Acquisitions segment acquires performing and non-performing SBC loans and intends to continue to acquire these loans as part of the company's business strategy. The SBC Originations segment originates SBC loans secured by stabilized or transitional investor properties using multiple loan origination channels through its wholly-owned subsidiary, ReadyCap Commercial LLC. The SBA Originations, Acquisitions & Servicing segment acquires, originates and services owner-occupied loans guaranteed by the SBA through its wholly-owned subsidiary, ReadyCap Lending LLC. The Residential Mortgage Banking segment, through its wholly-owned subsidiary, GMFS LLC, originates residential mortgage loans eligible to be purchased, guaranteed or insured by Fannie Mae, Freddie Mac, FHA, USDA and VA through retail, correspondent and broker channels. The company was founded in 2011 and is headquartered in New York, NY.

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RC Stock News Headlines

The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Brokerages Set Ready Capital Co. (NYSE:RC) PT at $14.00
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
A Preview Of Ready Capital's Earnings
RC Ready Capital Corporation
Finally Something Good For Mortgage REITs
Noteworthy Friday Option Activity: JPM, RC, RCII
Ready Capital Becomes Oversold (RC)
What 4 Analyst Ratings Have To Say About Ready Capital
Analyst Ratings for Ready Capital
See More Headlines
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RC Company Calendar

Last Earnings
2/24/2022
Ex-Dividend for 1/31 Dividend
12/29/2022
Dividend Payable
1/31/2023
Today
2/07/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
CUSIP
98886K10
Fax
N/A
Employees
630
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.00
High Stock Price Forecast
$16.00
Low Stock Price Forecast
$11.50
Forecasted Upside/Downside
+5.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$157.74 million
Pretax Margin
48.27%

Debt

Sales & Book Value

Annual Sales
$403.50 million
Cash Flow
$1.86 per share
Book Value
$15.42 per share

Miscellaneous

Free Float
108,701,000
Market Cap
$1.47 billion
Optionable
Not Optionable
Beta
1.35

Key Executives

  • Tom Capasse
    Chairman, Chief Executive & Investment Officer
  • Jack Jay Ross
    President & Director
  • Gary Taylor
    Chief Operating Officer
  • Andrew AhlbornAndrew Ahlborn
    Chief Financial Officer, Secretary & Controller
  • Adam Zausmer
    Chief Credit Officer













RC Stock - Frequently Asked Questions

Should I buy or sell Ready Capital stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ready Capital in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RC shares.
View RC analyst ratings
or view top-rated stocks.

What is Ready Capital's stock price forecast for 2023?

6 equities research analysts have issued 12-month price objectives for Ready Capital's shares. Their RC share price forecasts range from $11.50 to $16.00. On average, they anticipate the company's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 5.2% 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 shares have increased by 19.5% and is now trading at $13.31.
View the best growth stocks for 2023 here
.

Are investors shorting Ready Capital?

Ready Capital saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 3,700,000 shares, a decline of 21.3% from the December 31st total of 4,700,000 shares. Based on an average daily trading volume, of 838,500 shares, the short-interest ratio is presently 4.4 days.
View Ready Capital's Short Interest
.

When is Ready Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our RC earnings forecast
.

How were Ready Capital's earnings last quarter?

Ready Capital Co. (NYSE:RC) issued its quarterly earnings results on Thursday, February, 24th. The real estate investment trust reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.17. Ready Capital had a trailing twelve-month return on equity of 12.46% and a net margin of 40.27%. During the same quarter last year, the company earned $0.51 earnings per share.

How often does Ready Capital pay dividends? What is the dividend yield for Ready Capital?

Ready Capital announced a quarterly dividend on Thursday, December 15th. Stockholders of record on Friday, December 30th will be paid a dividend of $0.40 per share on Tuesday, January 31st. This represents a $1.60 annualized dividend and a dividend yield of 12.02%. The ex-dividend date is Thursday, December 29th.
Read our dividend analysis for RC
.

Is Ready Capital a good dividend stock?

Ready Capital (NYSE:RC) pays an annual dividend of $1.60 per share and currently has a dividend yield of 11.89%. RC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 69.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, RC will have a dividend payout ratio of 98.16% in the coming year. This indicates that the company may not be able to sustain their current 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?
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 investors include Mission Wealth Management LP (1.58%), Parallel Advisors LLC (1.23%), Envestnet Asset Management Inc. (0.29%), Clear Harbor Asset Management LLC (0.24%), Patton Albertson Miller Group LLC (0.14%) and Concorde Asset Management LLC (0.13%). Insiders that own company stock include Andrea Petro, Andrew Ahlborn, Gary Taylor, Gilbert E Nathan, Jack J Ross, Thomas Buttacavoli, Thomas E Capasse and Todd M Sinai.
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 $13.31.

How much money does Ready Capital make?

Ready Capital (NYSE:RC) has a market capitalization of $1.47 billion and generates $403.50 million in revenue each year. The real estate investment trust earns $157.74 million in net income (profit) each year or $2.29 on an earnings per share basis.

How many employees does Ready Capital have?

The company employs 630 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 2/8/2023 by MarketBeat.com Staff