NYSE:RC Ready Capital - RC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ready Capital Co. Please log in to your account or sign up in order to add this asset to your watchlist. $9.97 -0.12 (-1.19%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$9.90▼$10.1450-Day Range$9.46▼$13.4952-Week Range$9.36▼$15.88Volume1.35 million shsAverage Volume1.27 million shsMarket Capitalization$1.10 billionP/E Ratio5.86Dividend Yield16.05%Price Target$13.93 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ready Capital MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside39.7% Upside$13.93 Price TargetShort InterestBearish6.39% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.50Based on 2 Articles This WeekInsider TradingAcquiring Shares$160,875 Bought Last QuarterProj. Earnings Growth6.25%From $1.60 to $1.70 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.2.52 out of 5 starsFinance Sector486th out of 891 stocksReal Estate Investment Trusts Industry102nd out of 190 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 $13.93, Ready Capital has a forecasted upside of 39.7% from its current price of $9.97.Amount of Analyst CoverageReady Capital has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.39% 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 5.8.Change versus previous monthShort interest in Ready Capital has recently increased by 71.43%, 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 16.29%, 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 94.12%. 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 94.12% 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 1.9 News and Social Media Coverage News SentimentReady Capital has a news sentiment score of -0.50. 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 lower news sentiment than the 0.57 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ready Capital this week, compared to 2 articles on an average week.Search Interest81 people have searched for RC on MarketBeat in the last 30 days. This is an increase of 131% compared to the previous 30 days.MarketBeat Follows13 people have added Ready Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 333% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Ready Capital are expected to grow by 6.25% in the coming year, from $1.60 to $1.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ready Capital is 5.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Ready Capital is 5.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.21.Price to Book Value per Share RatioReady Capital has a P/B Ratio of 0.62. 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 HeadlinesMarch 22, 2023 | americanbankingnews.comReady Capital Co. (NYSE:RC) Receives $13.93 Consensus Price Target from BrokeragesMarch 15, 2023 | msn.comReady Capital declares $0.40 dividendMarch 29, 2023 | Porter & Company (Ad)A strange force is brewing…An economic force with the potential to be bigger than the 1880s railroad boom, the 1920s automobile boom, the baby boom of the 1960s, or the Dotcom boom of the ‘90s. And while Biden has nothing to do with it… he’ll take full credit. March 15, 2023 | msn.comReady Capital Ser C declares $0.3906 dividendMarch 15, 2023 | finance.yahoo.comReady Capital Corporation Declares First Quarter 2023 DividendsMarch 14, 2023 | markets.businessinsider.comKBW Reaffirms Their Hold Rating on Ready Capital (RC)March 11, 2023 | finance.yahoo.comTrade Alert: The Independent Director Of Ready Capital Corporation (NYSE:RC), Gilbert Nathan, Has Just Spent US$97k Buying 17% More SharesMarch 4, 2023 | benzinga.comLifshitz Law PLLC Announces Investigations of SAL, FOCS, RC, and BRMKMarch 29, 2023 | Porter & Company (Ad)A strange force is brewing…An economic force with the potential to be bigger than the 1880s railroad boom, the 1920s automobile boom, the baby boom of the 1960s, or the Dotcom boom of the ‘90s. And while Biden has nothing to do with it… he’ll take full credit. March 1, 2023 | seekingalpha.comReady Capital Corporation (RC) Q4 2022 Earnings Call TranscriptFebruary 28, 2023 | msn.comReady Capital GAAP EPS of $0.40 misses by $0.03, revenue of $106.05M misses by $78.13MFebruary 27, 2023 | finance.yahoo.comReady Capital Corporation Reports Fourth Quarter 2022 ResultsFebruary 27, 2023 | finance.yahoo.comReady Capital and Broadmark Realty Capital Announce Definitive Merger AgreementFebruary 26, 2023 | bizjournals.comElevate Albany: Step one — get shovel readyFebruary 23, 2023 | msn.comPlymouth Industrial REIT (PLYM) Q4 2022 Earnings Call TranscriptFebruary 23, 2023 | ftw.usatoday.comWatch RC Celta de Vigo vs. Real Valladolid Online: Live Stream, Start TimeFebruary 16, 2023 | finance.yahoo.comReady Capital Corporation Announces Fourth Quarter and Full Year 2022 Results and Webcast CallFebruary 7, 2023 | ftw.usatoday.comHow to Watch Montpellier HSC vs. Stade Brest 29: Live Stream, TV Channel, Start TimeFebruary 5, 2023 | finance.yahoo.comA great week that adds to Ready Capital Corporation's (NYSE:RC) one-year returns, institutional investors who own 54% must be happyJanuary 26, 2023 | finance.yahoo.comWest Bancorp (WTBA) Misses Q4 Earnings and Revenue EstimatesDecember 16, 2022 | seekingalpha.comReady Capital Corporation: Strategically Positioned To Weather The StormsDecember 15, 2022 | finance.yahoo.comREADY CAPITAL CORPORATION DECLARES FOURTH QUARTER 2022 DIVIDENDSNovember 16, 2022 | finance.yahoo.comReady Capital (NYSE:RC) stock performs better than its underlying earnings growth over last five yearsNovember 8, 2022 | seekingalpha.comReady Capital Corporation (RC) Q3 2022 Earnings Call TranscriptNovember 8, 2022 | finance.yahoo.comREADY CAPITAL CORPORATION REPORTS THIRD QUARTER 2022 RESULTSNovember 8, 2022 | finance.yahoo.comReady Capital (RC) Misses Q3 Earnings and Revenue EstimatesNovember 4, 2022 | msn.comA Preview Of Ready Capital's EarningsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Ex-Dividend for 1/31 Dividend12/29/2022Dividend Payable1/31/2023Last Earnings2/27/2023Today3/28/2023Ex-Dividend for 4/28 Dividend3/30/2023Dividend Payable4/28/2023Next Earnings (Estimated)5/04/2023Fiscal 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$13.93 High Stock Price Forecast$16.00 Low Stock Price Forecast$11.50 Forecasted Upside/Downside+39.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.70 Trailing P/E Ratio5.86 Forward P/E Ratio6.23 P/E GrowthN/ANet Income$194.26 million Net Margins27.22% Pretax Margin34.70% Return on Equity11.52% Return on Assets1.80% Debt Debt-to-Equity Ratio0.63 Current Ratio1.37 Quick Ratio1.37 Sales & Book Value Annual Sales$460.25 million Price / Sales2.40 Cash Flow$2.05 per share Price / Cash Flow4.87 Book Value$16.10 per share Price / Book0.62Miscellaneous Outstanding Shares110,732,000Free Float108,916,000Market Cap$1.10 billion OptionableNot Optionable Beta1.37 Social Links Key ExecutivesTom CapasseChairman, Chief Executive & Investment OfficerJack Jay RossPresident & DirectorGary TaylorChief Operating OfficerAndrew AhlbornChief Financial OfficerAdam ZausmerChief Credit OfficerKey CompetitorsPennyMac Mortgage Investment TrustNYSE:PMTARMOUR Residential REITNYSE:ARRChimera InvestmentNYSE:CIMMFA FinancialNYSE:MFAApollo Commercial Real Estate FinanceNYSE:ARIView All CompetitorsInsiders & InstitutionsGilbert E NathanBought 5,000 shares on 3/7/2023Total: $54,750.00 ($10.95/share)Dominique MielleBought 7,500 shares on 3/3/2023Total: $106,125.00 ($14.15/share)Voya Investment Management LLCBought 6,502 shares on 2/28/2023Ownership: 0.053%Teachers Retirement System of The State of KentuckyBought 15,208 shares on 2/22/2023Ownership: 0.028%Alliancebernstein L.P.Bought 21,479 shares on 2/16/2023Ownership: 0.087%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 equities research analysts have issued 1-year price objectives for Ready Capital's stock. Their RC share price forecasts range from $11.50 to $16.00. On average, they expect the company's stock price to reach $13.93 in the next year. This suggests a possible upside of 39.7% 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 shares have decreased by 10.5% and is now trading at $9.97. View the best growth stocks for 2023 here. Are investors shorting Ready Capital? Ready Capital saw a increase in short interest in March. As of March 15th, there was short interest totaling 7,080,000 shares, an increase of 71.4% from the February 28th total of 4,130,000 shares. Based on an average daily trading volume, of 1,220,000 shares, the days-to-cover ratio is presently 5.8 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, May 4th 2023. View our RC earnings forecast. How were Ready Capital's earnings last quarter? Ready Capital Co. (NYSE:RC) posted 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 earned $249.49 million during the quarter, compared to analysts' expectations of $73.45 million. Ready Capital had a net margin of 27.22% and a trailing twelve-month return on equity of 11.52%. How often does Ready Capital pay dividends? What is the dividend yield for Ready Capital? Ready Capital declared a quarterly dividend on Wednesday, March 15th. Shareholders of record on Friday, March 31st will be given a dividend of $0.40 per share on Friday, April 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 16.05%. The ex-dividend date is Thursday, March 30th. 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 VanEck Mortgage REIT Income ETF (MORT), Invesco KBW High Dividend Yield Financial ETF (KBWD), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), WisdomTree Alternative Income Fund (HYIN), iShares Mortgage Real Estate ETF (REM), First Trust Multi-Asset Diversified Income Index Fund (MDIV), Hoya Capital High Dividend Yield ETF (RIET) and Global X SuperDividend ETF (SDIV). 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 16.29%. RC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 94.12%. 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 94.12% 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 institutional and retail investors. Top institutional investors include Mission Wealth Management LP (1.58%), Soltis Investment Advisors LLC (1.54%), Geode Capital Management LLC (1.45%), Parallel Advisors LLC (1.23%), Schechter Investment Advisors LLC (1.12%) and Creative Planning (0.81%). Insiders that own company stock include Andrea Petro, Andrew Ahlborn, Dominique Mielle, Gary Taylor, 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 $9.97. How much money does Ready Capital make? Ready Capital (NYSE:RC) has a market capitalization of $1.10 billion and generates $460.25 million in revenue each year. The real estate investment trust earns $194.26 million in net income (profit) each year or $1.70 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 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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