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 announced a quarterly dividend on Friday, December 13th. Investors 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 annualized dividend and a dividend yield of 9.71%. 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 for the quarter, missing the 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 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 analysts have issued twelve-month 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 twelve months. This suggests a possible upside of 2.4% 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 very negative on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ready Capital earned a media sentiment score of -3.6 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. 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), CHIMERA INVT CO/SH NEW (CIM), Two Harbors Investment (TWO), MFA FINL INC/SH (MFA), Apollo Commercial Real Est. Finance (ARI), Invesco Mortgage Capital (IVR), Colony Capital (CLNY), NY MTG TR INC/SH (NYMT), PennyMac Mortgage Investment Trust (PMT), 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), New Residential Investment (NRZ), ANNALY CAP MGMT/SH (NLY), Energy Transfer LP Unit (ET), Global Medical REIT (GMRE), AGNC Investment (AGNC), Ares Capital (ARCC), NGL Energy Partners (NGL), NY MTG TR INC/SH (NYMT) and Two Harbors Investment (TWO).

Ready Capital's stock is owned by a number of of retail and institutional investors. Top institutional investors include Farallon Capital Management LLC (3.11%), State Street Corp (2.39%), UBS Group AG (1.94%), Raymond James & Associates (1.61%), TCW Group Inc. (1.39%) and Bank of New York Mellon Corp (0.69%). 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 Farallon Capital Management LLC, TCW Group Inc., State of New Jersey Common Pension Fund D, Mechanics Bank Trust Department, Alphasimplex Group LLC, Raymond James & Associates, Bank of America Corp DE and Panagora Asset Management Inc.. View Insider Buying and Selling for Ready Capital.

RC stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Principal Financial Group Inc., Bank of New York Mellon Corp, UBS Group AG, Ellington Management Group LLC, Renaissance Technologies LLC, Monashee Investment Management LLC and Orinda Asset Management LLC. 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 $16.48.

Ready Capital has a market capitalization of $856.96 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.