NYSE:RC - Ready Capital Stock Price, News & Analysis

$16.38
+0.07 (+0.43 %)
(As of 09/19/2019 04:00 PM ET)
Today's Range
$16.26
Now: $16.38
$16.55
50-Day Range
$14.41
MA: $14.96
$16.38
52-Week Range
$13.44
Now: $16.38
$17.15
Volume210,200 shs
Average Volume171,680 shs
Market Capitalization$727.52 million
P/E Ratio9.31
Dividend Yield9.81%
Beta0.7
Ready Capital Corporation operates as a real estate finance company in the United States. The company originates, acquires, finances, and services small balance commercial (SBC) loans, small business administration (SBA) loans, and residential mortgage loans, as well as mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
CUSIP98886K10
Phone212-257-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$317.42 million
Cash Flow$2.3843 per share
Book Value$17.59 per share

Profitability

Net Income$59.26 million

Miscellaneous

Employees417
Market Cap$727.52 million
Next Earnings Date11/6/2019 (Estimated)
OptionableNot Optionable

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Ready Capital (NYSE:RC) Frequently Asked Questions

What is Ready Capital's stock symbol?

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

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

Ready Capital announced a quarterly dividend on Tuesday, September 10th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.40 per share on Thursday, October 31st. This represents a $1.60 annualized dividend and a dividend yield of 9.77%. The ex-dividend date is Friday, September 27th. View Ready Capital's Dividend History.

How were Ready Capital's earnings last quarter?

Ready Capital Corp (NYSE:RC) announced its earnings results on Wednesday, August, 7th. The real estate investment trust reported $0.37 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.01. The real estate investment trust earned $21.28 million during the quarter, compared to analyst estimates of $17.58 million. Ready Capital had a return on equity of 8.40% and a net margin of 30.47%. View Ready Capital's Earnings History.

When is Ready Capital's next earnings date?

Ready Capital is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Ready Capital.

What price target have analysts set for RC?

4 equities research analysts have issued 12-month price objectives for Ready Capital's stock. Their forecasts range from $15.50 to $17.00. On average, they anticipate Ready Capital's share price to reach $16.3333 in the next year. This suggests that the stock has a possible downside of 0.3%. View Analyst Price Targets for Ready Capital.

What is the consensus analysts' recommendation for Ready Capital?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ready Capital in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ready Capital.

Has Ready Capital been receiving favorable news coverage?

Media stories about RC stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ready Capital earned a news sentiment score of -2.9 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Ready Capital.

Are investors shorting Ready Capital?

Ready Capital saw a increase in short interest in August. As of August 31st, there was short interest totalling 903,400 shares, an increase of 5.5% from the July 31st total of 856,000 shares. Based on an average daily trading volume, of 163,300 shares, the days-to-cover ratio is presently 5.5 days. Currently, 2.1% of the shares of the company are sold short. View Ready Capital's Current Options Chain.

Who are some of Ready Capital's key competitors?

What other stocks do shareholders of Ready Capital own?

Who are Ready Capital's key executives?

Ready Capital's management team includes the folowing people:
  • Mr. Frederick C. Herbst, Chief Financial Officer (Age 62)
  • Ms. Carole A. Mortensen, Chief Operating Officer (Age 48)
  • Mr. Thomas Edward Capasse, Chairman & CEO (Age 62)
  • Mr. Jack Jay Ross CPA, Pres & Director (Age 62)
  • Mr. Gary T. Taylor, Chief Operating Officer (Age 59)

Who are Ready Capital's major shareholders?

Ready Capital's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.44%), Vanguard Group Inc. (3.57%), Northern Trust Corp (1.81%), Weiss Asset Management LP (1.08%), Wells Fargo & Company MN (0.39%) and Bank of New York Mellon Corp (0.29%). Company insiders that own Ready Capital stock include Thomas E Capasse and Todd M Sinai. View Institutional Ownership Trends for Ready Capital.

Which institutional investors are selling Ready Capital stock?

RC stock was sold by a variety of institutional investors in the last quarter, including ClariVest Asset Management LLC, Renaissance Technologies LLC, Acadian Asset Management LLC, Panagora Asset Management Inc., JPMorgan Chase & Co., First Republic Investment Management Inc., Vanguard Group Inc. and Advisor Group Inc.. View Insider Buying and Selling for Ready Capital.

Which institutional investors are buying Ready Capital stock?

RC stock was acquired by a variety of institutional investors in the last quarter, including Northern Trust Corp, BlackRock Inc., Weiss Asset Management LP, WINTON GROUP Ltd, Mechanics Bank Trust Department, Prudential Financial Inc., Allianz Asset Management GmbH and AE Wealth Management LLC. Company insiders that have bought Ready Capital stock in the last two years include Thomas E Capasse and Todd M Sinai. View Insider Buying and Selling for Ready Capital.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Ready Capital's stock price today?

One share of RC stock can currently be purchased for approximately $16.38.

How big of a company is Ready Capital?

Ready Capital has a market capitalization of $727.52 million and generates $317.42 million in revenue each year. The real estate investment trust earns $59.26 million in net income (profit) each year or $1.76 on an earnings per share basis. Ready Capital employs 417 workers across the globe.View Additional Information About Ready Capital.

What is Ready Capital's official website?

The official website for Ready Capital is http://www.sutherlandam.com/.

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.


MarketBeat Community Rating for Ready Capital (NYSE RC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  191 (Vote Outperform)
Underperform Votes:  199 (Vote Underperform)
Total Votes:  390
MarketBeat's community ratings are surveys of what our community members think about Ready Capital and other stocks. Vote "Outperform" if you believe RC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/19/2019 by MarketBeat.com Staff

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