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Is This The End of Capitalism? (Ad)
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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
NYSE:RC

Ready Capital - RC Stock Forecast, Price & News

$13.00
+0.03 (+0.23%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$12.97
$13.12
50-Day Range
$11.14
$13.42
52-Week Range
$9.69
$15.92
Volume
774,928 shs
Average Volume
653,906 shs
Market Capitalization
$1.44 billion
P/E Ratio
5.68
Dividend Yield
12.31%
Price Target
$14.00

Ready Capital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
7.7% 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
0.84mentions of Ready Capital in the last 14 days
Based on 4 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.

2.04 out of 5 stars

Finance Sector

604th out of 891 stocks

Real Estate Investment Trusts Industry

130th out of 191 stocks


RC stock logo

About Ready Capital (NYSE:RC) Stock

Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage-backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking. The SBC Lending and Acquisitions segment originates SBC loans secured by stabilized or transitional investor properties using various loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program. The Residential Mortgage Banking segment originates residential mortgage loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.

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RC Stock News Headlines

Ready Capital Co. (NYSE:RC) Short Interest Update
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
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 10/31 Dividend
9/29/2022
Dividend Payable
10/31/2022
Ex-Dividend for 1/31 Dividend
12/29/2022
Today
1/29/2023
Dividend Payable
1/31/2023
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
+7.7%
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
$1.88 per share
Book Value
$15.42 per share

Miscellaneous

Free Float
108,701,000
Market Cap
$1.44 billion
Optionable
Not Optionable
Beta
1.28

Key Executives

  • Mr. Andrew  Ahlborn CPAMr. Andrew Ahlborn CPA (Age 39)
    CFO & Sec.
    Comp: $1.45M
  • Mr. Gary T. Taylor (Age 64)
    Chief Operating Officer
    Comp: $1.34M
  • Mr. Thomas Edward Capasse (Age 66)
    Chairman, CEO & Chief Investment Officer
  • Mr. Jack Jay Ross CPA (Age 66)
    Pres & Director
  • Mr. Brian Dunn
    Director of Fin. Division
  • Mr. Alex Ovalle
    MD & National Sales Mang.
  • Mr. Richard Katzenstein
    MD & Head of Strategic Partnerships
  • David A. Cohen
    MD & Co-Head of the National Bridge Lending Platform













RC Stock - Frequently Asked Questions

Should I buy or sell Ready Capital stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ready Capital in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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 analysts have issued 12 month price targets for Ready Capital's shares. Their RC share price forecasts range from $11.50 to $16.00. On average, they expect the company's share price to reach $14.00 in the next year. This suggests a possible upside of 7.7% 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 at the beginning of the year. Since then, RC stock has increased by 16.7% and is now trading at $13.00.
View the best growth stocks for 2023 here
.

Are investors shorting Ready Capital?

Ready Capital saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 3,700,000 shares, a decline 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) posted its quarterly earnings data on Thursday, February, 24th. The real estate investment trust reported $0.67 earnings per share 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 earned $0.51 EPS.

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

Ready Capital announced a quarterly dividend on Thursday, December 15th. Investors of record on Friday, December 30th will be given a dividend of $0.40 per share on Tuesday, January 31st. This represents a $1.60 annualized dividend and a yield of 12.31%. 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 12.31%. 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 many different institutional and retail investors. Top institutional shareholders include Clear Harbor Asset Management LLC (0.24%), Patton Albertson Miller Group LLC (0.14%), New York State Teachers Retirement System (0.12%), Mutual Advisors LLC (0.10%), Wiley BROS. Aintree Capital LLC (0.08%) and Ziegler Capital Management LLC (0.06%). 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 $13.00.

How much money does Ready Capital make?

Ready Capital (NYSE:RC) has a market capitalization of $1.44 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 1/29/2023 by MarketBeat.com Staff