NYSE:RC Ready Capital - RC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ready Capital Co. Please log in to your account or sign up in order to add this asset to your watchlist. $13.46 -0.03 (-0.22%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$13.25▼$13.4850-Day Range$11.14▼$13.4952-Week Range$9.69▼$15.92Volume694,311 shsAverage Volume667,910 shsMarket Capitalization$1.49 billionP/E Ratio5.88Dividend Yield11.86%Price Target$14.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ready Capital MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside4.0% Upside$14.00 Price TargetShort InterestHealthy3.35% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.37Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-12.83%From $1.87 to $1.63 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector554th out of 865 stocksReal Estate Investment Trusts Industry118th out of 189 stocks 1.3 Analyst's Opinion Consensus RatingReady Capital has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.00, Ready Capital has a forecasted upside of 4.0% from its current price of $13.46.Amount of Analyst CoverageReady Capital has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.35% of the outstanding shares of Ready Capital have been sold short.Short Interest Ratio / Days to CoverReady Capital has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Ready Capital has recently decreased by 21.28%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipReady Capital is a leading dividend payer. It pays a dividend yield of 11.86%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthReady Capital does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ready Capital is 69.87%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Ready Capital will have a dividend payout ratio of 98.16% in the coming year. This indicates that Ready Capital may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RC. Previous Next 3.0 News and Social Media Coverage News SentimentReady Capital has a news sentiment score of 1.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ready Capital this week, compared to 2 articles on an average week.Search Interest17 people have searched for RC on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Ready Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ready Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.64% of the stock of Ready Capital is held by insiders.Percentage Held by Institutions62.84% of the stock of Ready Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ready Capital are expected to decrease by -12.83% in the coming year, from $1.87 to $1.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ready Capital is 5.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Ready Capital is 5.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 181.00.Price to Book Value per Share RatioReady Capital has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ready Capital (NYSE:RC) StockReady 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.Read More Receive RC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ready Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address RC Stock News HeadlinesJanuary 31, 2023 | americanbankingnews.comBrokerages Set Ready Capital Co. (NYSE:RC) PT at $14.00January 27, 2023 | americanbankingnews.comReady Capital Co. (NYSE:RC) Short Interest UpdateFebruary 4, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 26, 2023 | finance.yahoo.comWest Bancorp (WTBA) Misses Q4 Earnings and Revenue EstimatesDecember 16, 2022 | seekingalpha.comReady Capital Corporation: Strategically Positioned To Weather The StormsDecember 15, 2022 | finance.yahoo.comREADY CAPITAL CORPORATION DECLARES FOURTH QUARTER 2022 DIVIDENDSNovember 16, 2022 | finance.yahoo.comReady Capital (NYSE:RC) stock performs better than its underlying earnings growth over last five yearsNovember 8, 2022 | seekingalpha.comReady Capital Corporation (RC) Q3 2022 Earnings Call TranscriptFebruary 4, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...November 8, 2022 | finance.yahoo.comREADY CAPITAL CORPORATION REPORTS THIRD QUARTER 2022 RESULTSNovember 8, 2022 | finance.yahoo.comReady Capital (RC) Misses Q3 Earnings and Revenue EstimatesNovember 4, 2022 | msn.comA Preview Of Ready Capital's EarningsNovember 1, 2022 | finance.yahoo.comReady Capital Corporation Announces Third Quarter 2022 Results and Webcast CallOctober 20, 2022 | seekingalpha.comRC Ready Capital CorporationOctober 19, 2022 | finance.yahoo.comCOMMITTED TO CERTAINTY OF EXECUTION, READY CAPITAL CLOSES OVER $800 MILLION IN COMMERCIAL REAL ESTATE LOANS DURING Q3 2022October 19, 2022 | seekingalpha.comFinally Something Good For Mortgage REITsOctober 13, 2022 | bizjournals.comRC Capital's director of communications Britney Hamberg likes to keep things down-to-earthSeptember 30, 2022 | nasdaq.comNoteworthy Friday Option Activity: JPM, RC, RCIISeptember 29, 2022 | marketwatch.comReady Capital Corp. Increases Stock Buyback Program to $50MSeptember 29, 2022 | finance.yahoo.comREADY CAPITAL CORPORATION ANNOUNCES INCREASE TO SHARE REPURCHASE PROGRAMSeptember 25, 2022 | finance.yahoo.comInsiders who bought in the last 12 months lose an additional US$29k as Ready Capital Corporation (NYSE:RC) drops to US$1.3bSeptember 23, 2022 | nasdaq.comReady Capital Becomes Oversold (RC)September 16, 2022 | msn.comFord Bronco Raptor 1:10 Scale RC SUV Looks And Drives Like The Real DealSeptember 15, 2022 | finance.yahoo.comREADY CAPITAL CORPORATION DECLARES THIRD QUARTER 2022 DIVIDENDSSeptember 8, 2022 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About Ready CapitalSeptember 8, 2022 | msn.comAnalyst Ratings for Ready CapitalSeptember 8, 2022 | investing.comReady Capital Corp Pref E (RC_pe)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive RC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ready Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address RC Company Calendar Last Earnings2/24/2022Ex-Dividend for 1/31 Dividend12/29/2022Dividend Payable1/31/2023Today2/04/2023Next Earnings (Estimated)2/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:RC CUSIP98886K10 CIK1527590 Webwww.sutherlandam.com Phone(212) 257-4600FaxN/AEmployees630Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.29 Trailing P/E Ratio5.88 Forward P/E Ratio7.20 P/E GrowthN/ANet Income$157.74 million Net Margins40.27% Pretax Margin48.27% Return on Equity12.46% Return on Assets1.87% Debt Debt-to-Equity Ratio0.60 Current Ratio1.41 Quick Ratio1.41 Sales & Book Value Annual Sales$403.50 million Price / Sales3.69 Cash Flow$1.87 per share Price / Cash Flow7.18 Book Value$15.42 per share Price / Book0.87Miscellaneous Outstanding Shares110,510,000Free Float108,701,000Market Cap$1.49 billion OptionableNot Optionable Beta1.35 Key ExecutivesTom CapasseChairman, Chief Executive & Investment OfficerJack Jay RossPresident & DirectorGary TaylorChief Operating OfficerAndrew AhlbornChief Financial Officer, Secretary & ControllerAdam ZausmerChief Credit OfficerKey CompetitorsTwo Harbors InvestmentNYSE:TWOPennyMac Mortgage Investment TrustNYSE:PMTChimera InvestmentNYSE:CIMMFA FinancialNYSE:MFAApollo Commercial Real Estate FinanceNYSE:ARIView All CompetitorsInsiders & InstitutionsU.S. Capital Wealth Advisors LLCBought 26,924 shares on 2/3/2023Ownership: 0.035%Magnus Financial Group LLCSold 792 shares on 2/2/2023Ownership: 0.099%Bailard Inc.Sold 2,300 shares on 2/2/2023Ownership: 0.046%Simplex Trading LLCBought 6,400 shares on 2/2/2023Ownership: 0.000%ProShare Advisors LLCBought 1,138 shares on 2/2/2023Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions 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? 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), CNBX Pharmaceuticals (CNBX) and Matinas BioPharma (MTNB). 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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