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“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
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“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Closing prices for crude oil, gold and other commodities
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
MarketBeat Week in Review – 1/30 - 2/3
Ford, Starbucks fall; Clorox, Gilead Sciences rise
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
How major US stock indexes fared Friday 2/3/2023
Skull found in '97 in remote Alaska belongs to New York man
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Closing prices for crude oil, gold and other commodities
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
MarketBeat Week in Review – 1/30 - 2/3
Ford, Starbucks fall; Clorox, Gilead Sciences rise
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
How major US stock indexes fared Friday 2/3/2023
Skull found in '97 in remote Alaska belongs to New York man
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Closing prices for crude oil, gold and other commodities
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
MarketBeat Week in Review – 1/30 - 2/3
Ford, Starbucks fall; Clorox, Gilead Sciences rise
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
How major US stock indexes fared Friday 2/3/2023
Skull found in '97 in remote Alaska belongs to New York man
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
NYSE:RC

Ready Capital - RC Stock Forecast, Price & News

$13.46
-0.03 (-0.22%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$13.25
$13.48
50-Day Range
$11.14
$13.49
52-Week Range
$9.69
$15.92
Volume
694,311 shs
Average Volume
667,910 shs
Market Capitalization
$1.49 billion
P/E Ratio
5.88
Dividend Yield
11.86%
Price Target
$14.00

Ready Capital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.0% 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
1.37mentions of Ready Capital in the last 14 days
Based on 2 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.

2.07 out of 5 stars

Finance Sector

554th out of 865 stocks

Real Estate Investment Trusts Industry

118th out of 189 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

Brokerages Set Ready Capital Co. (NYSE:RC) PT at $14.00
Ready Capital Co. (NYSE:RC) Short Interest Update
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
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
Ready Capital Corp Pref E (RC_pe)
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
2/04/2023
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
+4.0%
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
$1.87 per share
Book Value
$15.42 per share

Miscellaneous

Free Float
108,701,000
Market Cap
$1.49 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 brokerages have issued twelve-month target prices for Ready Capital's shares. Their RC share price forecasts range from $11.50 to $16.00. On average, they anticipate the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 4.0% 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 on January 1st, 2023. Since then, RC stock has increased by 20.8% and is now trading at $13.46.
View the best growth stocks for 2023 here
.

Are investors shorting Ready Capital?

Ready Capital saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 3,700,000 shares, a drop of 21.3% from the December 31st total of 4,700,000 shares. Based on an average daily volume of 838,500 shares, the days-to-cover ratio is currently 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) released its earnings results on Thursday, February, 24th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.17. Ready Capital had a net margin of 40.27% and a trailing twelve-month return on equity of 12.46%. During the same period last year, the company posted $0.51 EPS.

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

Ready Capital declared a quarterly dividend on Thursday, December 15th. Investors 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 dividend on an annualized basis and a dividend yield of 11.89%. The ex-dividend date of this dividend 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 11.86%. 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%), Clear Harbor Asset Management LLC (0.24%), Patton Albertson Miller Group LLC (0.14%), Concorde Asset Management LLC (0.13%), New York State Teachers Retirement System (0.12%) and Magnus Financial Group LLC (0.10%). 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 $13.46.

How much money does Ready Capital make?

Ready Capital (NYSE:RC) has a market capitalization of $1.49 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 2/4/2023 by MarketBeat.com Staff