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 paid a dividend of $0.40 per share on Friday, January 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 9.77%. The ex-dividend date of this dividend is Monday, December 30th. View Ready Capital's Dividend History.

Ready Capital Corp (NYSE:RC) released its earnings results on Wednesday, November, 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by $0.01. The real estate investment trust had revenue of $20.33 million for the quarter, compared to analyst estimates of $20.75 million. Ready Capital had a return on equity of 8.19% and a net margin of 26.39%. 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 brokers have issued twelve-month price targets for Ready Capital's shares. Their forecasts range from $16.50 to $17.50. On average, they expect Ready Capital's stock price to reach $16.88 in the next twelve months. This suggests a possible upside of 3.0% 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.

Headlines about RC stock have been trending somewhat positive on Tuesday, according to InfoTrie. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news 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 media sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the stock's share price in the near future. View News Stories for Ready Capital.

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), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), 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 retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.20%), New York State Teachers Retirement System (0.14%), AE Wealth Management LLC (0.09%), Nisa Investment Advisors LLC (0.07%), State of Alaska Department of Revenue (0.06%) and Arizona State Retirement System (0.05%). 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 sold by a variety of institutional investors in the last quarter, including Mechanics Bank Trust Department. View Insider Buying and Selling for Ready Capital.

RC stock was acquired by a variety of institutional investors in the last quarter, including New York State Teachers Retirement System, California Public Employees Retirement System, State of Alaska Department of Revenue, Arizona State Retirement System, 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 $16.38.

Ready Capital has a market capitalization of $851.76 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.