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

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

Ready Capital declared a quarterly dividend on Friday, December 13th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.40 per share on Friday, January 31st. This represents a $1.60 dividend on an annualized basis and a yield of 10.01%. The ex-dividend date is Monday, December 30th. View Ready Capital's Dividend History.

Ready Capital Corp (NYSE:RC) posted its quarterly earnings results on Wednesday, November, 6th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.01. The real estate investment trust earned $20.33 million during the quarter, compared to analyst estimates of $20.75 million. Ready Capital had a net margin of 26.39% and a return on equity of 8.19%. View Ready Capital's Earnings History.

Ready Capital is scheduled to release their next quarterly earnings announcement on Tuesday, March 10th 2020. View Earnings Estimates for Ready Capital.

4 Wall Street analysts have issued 1 year price targets for Ready Capital's stock. Their forecasts range from $16.50 to $17.50. On average, they expect Ready Capital's share price to reach $16.88 in the next year. This suggests a possible upside of 5.5% from the stock's current price. View Analyst Price Targets 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.

News headlines about RC stock have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Ready Capital earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Ready Capital.

Ready Capital saw a increase in short interest in December. As of December 13th, there was short interest totalling 1,790,000 shares, an increase of 117.3% from the November 28th total of 823,900 shares. Based on an average daily volume of 430,000 shares, the short-interest ratio is currently 4.2 days. Currently, 4.0% of the company's shares are short sold. View Ready Capital's Current Options Chain.

Some companies that are related to Ready Capital include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Two Harbors Investment (TWO), CHIMERA INVT CO/SH NEW (CIM), MFA FINL INC/SH (MFA), Apollo Commercial Real Est. Finance (ARI), Invesco Mortgage Capital (IVR), Colony Capital (CLNY), PennyMac Mortgage Investment Trust (PMT), NY MTG TR INC/SH (NYMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO) and Western Asset Mortgage Capital (WMC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ready Capital investors own include Oaktree Specialty Lending (OCSL), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ), Ares Capital (ARCC), Energy Transfer LP Unit (ET), Global Medical REIT (GMRE), AGNC Investment (AGNC), AT&T (T), Ford Motor (F) and Two Harbors Investment (TWO).

Ready Capital's stock is owned by a number of of institutional and retail investors. Top institutional investors include AE Wealth Management LLC (0.09%), Nisa Investment Advisors LLC (0.07%), State of Alaska Department of Revenue (0.06%) and Louisiana State Employees Retirement System (0.02%). Company insiders that own Ready Capital stock include Thomas E Capasse and Todd M Sinai. View Institutional Ownership Trends for Ready Capital.

RC stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, AE Wealth Management LLC, Nisa Investment Advisors LLC and Louisiana State Employees Retirement System. 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.

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.

One share of RC stock can currently be purchased for approximately $15.99.

Ready Capital has a market capitalization of $831.48 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.

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

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.