Ready Capital Stock Forecast, Price & News

$15.06
-0.06 (-0.40 %)
(As of 09/16/2021 12:00 AM ET)
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Today's Range
$15.05
$15.27
50-Day Range
$14.76
$15.61
52-Week Range
$10.38
$16.78
Volume449,201 shs
Average Volume505,121 shs
Market Capitalization$1.07 billion
P/E Ratio7.57
Dividend Yield11.11%
Beta1.09
30 days | 90 days | 365 days | Advanced Chart
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Ready Capital logo

About Ready Capital

Ready Capital Corp. is a real estate finance company, which engages in acquiring, managing, and financing small balance commercial loans. The company operates in four 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 originate 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 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. Ready Capital was founded in 2011 and is headquartered in New York, NY.

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MarketRank

Overall MarketRank

2.04 out of 5 stars

Finance Sector

617th out of 1,329 stocks

Real Estate Investment Trusts Industry

151st out of 219 stocks

Analyst Opinion: 1.4Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
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Ready Capital (NYSE:RC) Frequently Asked Questions

Is Ready Capital a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ready Capital in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ready Capital stock.
View analyst ratings for Ready Capital
or view top-rated stocks.

What stocks does MarketBeat like better than Ready Capital?

Wall Street analysts have given Ready Capital a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ready Capital wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Ready Capital?

Ready Capital saw a increase in short interest in the month of August. As of August 13th, there was short interest totaling 1,940,000 shares, an increase of 19.0% from the July 29th total of 1,630,000 shares. Based on an average trading volume of 416,400 shares, the days-to-cover ratio is presently 4.7 days. Approximately 2.8% of the company's stock are short sold.
View Ready Capital's Short Interest
.

When is Ready Capital's next earnings date?

Ready Capital is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for Ready Capital
.

How were Ready Capital's earnings last quarter?

Ready Capital Co. (NYSE:RC) announced its quarterly earnings data on Thursday, August, 5th. The real estate investment trust reported $0.52 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.09. Ready Capital had a trailing twelve-month return on equity of 12.87% and a net margin of 39.77%.
View Ready Capital's earnings history
.

How has Ready Capital's stock price been impacted by COVID-19?

Ready Capital's stock was trading at $11.67 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RC shares have increased by 29.0% and is now trading at $15.06.
View which stocks have been most impacted by COVID-19
.

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

Ready Capital announced a quarterly dividend on Monday, June 14th. Shareholders of record on Wednesday, June 30th will be paid a dividend of $0.42 per share on Friday, July 30th. This represents a $1.68 dividend on an annualized basis and a yield of 11.16%. The ex-dividend date is Tuesday, June 29th. This is a boost from Ready Capital's previous quarterly dividend of $0.10.
View Ready Capital's dividend history
.

Is Ready Capital a good dividend stock?

Ready Capital pays an annual dividend of $1.68 per share and currently has a dividend yield of 11.11%. RC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Ready Capital is 93.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Ready Capital will have a dividend payout ratio of 94.38% in the coming year. This indicates that Ready Capital may not be able to sustain their current dividend.
View Ready Capital's dividend history.

What price target have analysts set for RC?

6 brokerages have issued 1 year target prices for Ready Capital's shares. Their forecasts range from $14.25 to $18.50. On average, they anticipate Ready Capital's stock price to reach $16.38 in the next year. This suggests a possible upside of 8.7% from the stock's current price.
View analysts' price targets for Ready Capital
or view top-rated stocks among Wall Street analysts.

Who are Ready Capital's key executives?

Ready Capital's management team includes the following people:
  • Tom Capasse, Chairman & Chief Executive Officer
  • Jack Jay Ross, President & Director
  • Gary Taylor, Chief Operating Officer
  • Andrew Ahlborn, Chief Financial Officer, Secretary & Controller
  • Thomas V. Buttacavoli, Chief Investment Officer

What is Randy Fowlie's approval rating as Ready Capital's CEO?

6 employees have rated Ready Capital CEO Randy Fowlie on Glassdoor.com. Randy Fowlie has an approval rating of 68% among Ready Capital's employees.

Who are some of Ready Capital's key competitors?

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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.13%), Vanguard Group Inc. (5.44%), State Street Corp (3.07%), Northern Trust Corp (1.55%), Geode Capital Management LLC (1.42%) and Invesco Ltd. (0.83%). Company insiders that own Ready Capital 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 for Ready Capital
.

Which major investors are selling Ready Capital stock?

RC stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Advisor Group Holdings Inc., Bank of America Corp DE, Bank of New York Mellon Corp, Legal & General Group Plc, Nuveen Asset Management LLC, and Credit Suisse AG.
View insider buying and selling activity for Ready Capital
or view top insider-selling stocks.

Which major investors are buying Ready Capital stock?

RC stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, JPMorgan Chase & Co., Invesco Ltd., Jupiter Asset Management Ltd., Citigroup Inc., Wells Fargo & Company MN, State Street Corp, and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have bought Ready Capital stock in the last two years include Andrea Petro, Andrew Ahlborn, Gary Taylor, Gilbert E Nathan, Jack J Ross, Thomas Buttacavoli, Thomas E Capasse, and Todd M Sinai.
View insider buying and selling activity for Ready Capital
or or view top insider-buying stocks.

How do I buy shares of Ready Capital?

Shares of RC 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 $15.06.

How much money does Ready Capital make?

Ready Capital has a market capitalization of $1.07 billion and generates $258.64 million in revenue each year. The real estate investment trust earns $44.87 million in net income (profit) each year or $1.79 on an earnings per share basis.

How many employees does Ready Capital have?

Ready Capital employs 500 workers across the globe.

What is Ready Capital's official website?

The official website for Ready Capital is www.sutherlandam.com.

Where are Ready Capital's headquarters?

Ready Capital is headquartered at 1251 AVENUE OF THE AMERICAS 50TH FLOOR, NEW YORK NY, 10020.

How can I contact Ready Capital?

Ready Capital's mailing address is 1251 AVENUE OF THE AMERICAS 50TH FLOOR, NEW YORK NY, 10020. The real estate investment trust can be reached via phone at (212) 257-4600 or via email at [email protected]


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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