Ready Capital Stock Forecast, Price & News

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.

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.
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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.

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

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.

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.
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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.

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.

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.

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.

Some companies that are related to Ready Capital include Annaly Capital Management (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Chimera Investment (CIM), Apollo Commercial Real Estate Finance (ARI), Two Harbors Investment (TWO), MFA Financial (MFA), PennyMac Mortgage Investment Trust (PMT), New York Mortgage Trust (NYMT), Redwood Trust (RWT), Invesco Mortgage Capital (IVR), ARMOUR Residential REIT (ARR), Ares Commercial Real Estate (ACRE), Capstead Mortgage (CMO) and Dynex Capital (DX).
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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), Cannabics Pharmaceuticals (CNBX) and Matinas BioPharma (MTNB).

Ready Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "RC."

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.

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.

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.

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.
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One share of RC stock can currently be purchased for approximately $15.06.

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.

Ready Capital employs 500 workers across the globe.

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

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

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]