NYSE:RC Ready Capital (RC) Stock Forecast, Price & News $10.68 +0.75 (+7.55%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$10.12▼$10.7250-Day Range$9.78▼$10.8652-Week Range$9.36▼$14.79Volume4.81 million shsAverage Volume1.50 million shsMarket Capitalization$1.18 billionP/E Ratio8.03Dividend Yield17.79%Price Target$13.71 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ready Capital MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside28.4% Upside$13.71 Price TargetShort InterestBearish7.86% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.12Based on 7 Articles This WeekInsider TradingAcquiring Shares$160,875 Bought Last QuarterProj. Earnings Growth10.88%From $1.47 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.2.76 out of 5 starsFinance Sector241st out of 874 stocksReal Estate Investment Trusts Industry40th out of 191 stocks 3.3 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 $13.71, Ready Capital has a forecasted upside of 28.4% from its current price of $10.68.Amount of Analyst CoverageReady Capital has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.86% 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 5.5.Change versus previous monthShort interest in Ready Capital has recently increased by 11.97%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipReady Capital is a leading dividend payer. It pays a dividend yield of 18.79%, 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 142.86%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Ready Capital will have a dividend payout ratio of 116.56% 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 2.8 News and Social Media Coverage News SentimentReady Capital has a news sentiment score of 1.12. 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 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Ready Capital this week, compared to 3 articles on an average week.Search InterestOnly 23 people have searched for RC on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.MarketBeat FollowsOnly 13 people have added Ready Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ready Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $160,875.00 in company stock and sold $0.00 in 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Ready Capital are expected to grow by 10.88% in the coming year, from $1.47 to $1.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ready Capital is 8.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Ready Capital is 8.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 164.19.Price to Book Value per Share RatioReady Capital has a P/B Ratio of 0.67. 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: SBC Lending and Acquisitions, Small Business Lending, and Residential Mortgage Banking. The SBC Lending and Acquisitions segment is involved in the SBC loans across the full life-cycle of an SBC property including construction, bridge, stabilized, and agency loan origination channels through wholly-owned subsidiary, ReadyCap Commercial, LLC. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program through wholly-owned subsidiary, ReadyCap Lending, LLC. The Residential Mortgage Banking segment focuses on the residential mortgage loan origination segment through wholly-owned subsidiary, GMFS, LLC. 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 HeadlinesJune 1, 2023 | msn.comReady Capital OKs $100M stock buybackJune 1, 2023 | finance.yahoo.comReady Capital to Present at Nareit’s REITweek 2023June 3, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.June 1, 2023 | finance.yahoo.comReady Capital Corporation Announces New Share Repurchase ProgramMay 31, 2023 | msn.comImplied Volatility Surging for Ready Capital (RC) Stock OptionsMay 30, 2023 | finance.yahoo.comReady Capital Corporation Stockholders Approve Issuance of Common Stock in Merger with Broadmark Realty Capital Inc.May 25, 2023 | msn.comRaymond James Maintains Ready Capital (RC) Outperform RecommendationMay 25, 2023 | msn.comRaymond James Maintains Outperform Rating for Ready Capital: Here's What You Need To KnowJune 3, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 25, 2023 | markets.businessinsider.com5 Analysts Have This to Say About Ready CapitalMay 25, 2023 | americanbankingnews.comReady Capital Co. (NYSE:RC) to Issue Quarterly Dividend of $0.14May 23, 2023 | finance.yahoo.comReady Capital’s Red Stone Announces Grand Opening of Two Buildings to House Formerly Homeless VeteransMay 22, 2023 | seekingalpha.comBroadmark And Ready Capital: Quite The Deterioration In Q1-2023May 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Ready Capital (NYSE:RC)May 18, 2023 | finance.yahoo.comIBUSINESS FUNDING AQUIRES SELECT NON-SBA ASSETS AND TALENT FROM FOUNTAINHEAD SBF LLCMay 16, 2023 | msn.comReady Capital (RC) Declares $0.14 DividendMay 16, 2023 | msn.comReady Capital Corporation declares $0.40 dividendMay 15, 2023 | finance.yahoo.comReady Capital Corporation Declares Second Quarter DividendsMay 14, 2023 | americanbankingnews.comReady Capital Co. (NYSE:RC) to Post FY2023 Earnings of $1.45 Per Share, B. Riley ForecastsMay 13, 2023 | americanbankingnews.comReady Capital Co. (NYSE:RC) Receives $13.71 Consensus PT from AnalystsMay 11, 2023 | americanbankingnews.comB. Riley Comments on Ready Capital Co.'s Q2 2023 Earnings (NYSE:RC)May 10, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Ehealth (EHTH) and Ready Capital (RC)May 9, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top Financial Stocks: Kemper (KMPR), Ready Capital (RC)May 8, 2023 | finance.yahoo.comReady Capital Corporation Reports First Quarter 2023 ResultsMay 5, 2023 | msn.comEarnings Outlook For Ready CapitalMay 3, 2023 | benzinga.comReady Capital Stock (NYSE:RC), Analyst Ratings, Price Targets, PredictionsMay 1, 2023 | finance.yahoo.comEarnings Preview: Ready Capital (RC) Q1 Earnings Expected to DeclineSee More Headlines RC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RC Company Calendar Last Earnings2/27/2023Ex-Dividend for 4/28 Dividend3/30/2023Dividend Payable4/28/2023Ex-Dividend for 6/15 Dividend5/26/2023Today6/03/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/03/2023Fiscal 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 Founded2007Price Target and Rating Average Stock Price Forecast$13.71 High Stock Price Forecast$16.00 Low Stock Price Forecast$10.50 Forecasted Upside/Downside+28.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.33 Trailing P/E Ratio8.03 Forward P/E Ratio7.27 P/E GrowthN/ANet Income$194.26 million Net Margins20.57% Pretax Margin23.32% Return on Equity10.98% Return on Assets1.70% Debt Debt-to-Equity Ratio0.63 Current Ratio1.39 Quick Ratio1.39 Sales & Book Value Annual Sales$930.69 million Price / Sales1.27 Cash Flow$2.13 per share Price / Cash Flow5.01 Book Value$15.97 per share Price / Book0.67Miscellaneous Outstanding Shares110,750,000Free Float108,930,000Market Cap$1.18 billion OptionableNot Optionable Beta1.38 Social Links Key ExecutivesTom CapasseChairman, Chief Executive & Investment OfficerJack Jay RossPresident & DirectorGary TaylorChief Operating OfficerAndrew AhlbornChief Financial Officer & SecretaryAdam ZausmerChief Credit OfficerKey CompetitorsChimera InvestmentNYSE:CIMMFA FinancialNYSE:MFATwo Harbors InvestmentNYSE:TWOPennyMac Mortgage Investment TrustNYSE:PMTARMOUR Residential REITNYSE:ARRView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 970 shares on 5/26/2023Ownership: 0.010%JPMorgan Chase & Co.Sold 16,604 shares on 5/18/2023Ownership: 0.348%SkyView Investment Advisors LLCBought 42,042 shares on 5/18/2023Ownership: 0.038%New York State Common Retirement FundSold 18,516 shares on 5/18/2023Ownership: 0.032%Sunbelt Securities Inc.Sold 2,615 shares on 5/17/2023Ownership: 0.069%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 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 brokerages have issued 1-year target prices for Ready Capital's shares. Their RC share price forecasts range from $10.50 to $16.00. On average, they expect the company's stock price to reach $13.71 in the next twelve months. This suggests a possible upside of 28.4% 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 decreased by 4.1% and is now trading at $10.68. View the best growth stocks for 2023 here. When is Ready Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our RC earnings forecast. How were Ready Capital's earnings last quarter? Ready Capital Co. (NYSE:RC) issued its quarterly earnings results on Monday, February, 27th. The real estate investment trust reported $0.42 EPS for the quarter, beating the consensus estimate of $0.41 by $0.01. The real estate investment trust had revenue of $249.49 million for the quarter, compared to analyst estimates of $73.45 million. Ready Capital had a net margin of 20.57% and a trailing twelve-month return on equity of 10.98%. How often does Ready Capital pay dividends? What is the dividend yield for Ready Capital? Ready Capital announced a quarterly dividend on Monday, May 15th. Stockholders of record on Tuesday, May 30th will be given a dividend of $0.14 per share on Thursday, June 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend is Friday, May 26th. Read our dividend analysis for RC. What ETFs hold Ready Capital's stock? ETFs with the largest weight of Ready Capital (NYSE:RC) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), VanEck Mortgage REIT Income ETF (MORT), WisdomTree Alternative Income Fund (HYIN), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Northern Lights Fund Trust IV - Inverse Cramer Tracker ETF (SJIM), iShares Mortgage Real Estate ETF (REM), First Trust Multi-Asset Diversified Income Index Fund (MDIV) and Hoya Capital High Dividend Yield ETF (RIET). Is Ready Capital a good dividend stock? Ready Capital (NYSE:RC) pays an annual dividend of $1.90 per share and currently has a dividend yield of 18.79%. RC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 142.86%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, RC will have a dividend payout ratio of 116.56% 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (14.06%), Soltis Investment Advisors LLC (1.52%), Geode Capital Management LLC (1.49%), Mission Wealth Management LP (1.32%), Parallel Advisors LLC (1.28%) and Charles Schwab Investment Management Inc. (0.79%). Insiders that own company stock include Andrea Petro, Andrew Ahlborn, Dominique Mielle, Gilbert E Nathan and Thomas E Capasse. 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 $10.68. How much money does Ready Capital make? Ready Capital (NYSE:RC) has a market capitalization of $1.18 billion and generates $930.69 million in revenue each year. The real estate investment trust earns $194.26 million in net income (profit) each year or $1.33 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 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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