NYSE:RC Ready Capital Stock Forecast, Price & News Adding Choose a 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 Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.04 -0.10 (-0.82 %) (As of 09/18/2020 09:37 PM ET) Add Compare Share Today's Range$12.01Now: $12.04▼$12.5950-Day Range$8.02MA: $9.87▼$12.1452-Week Range$3.92Now: $12.04▼$16.90Volume1.76 million shsAverage Volume556,652 shsMarket Capitalization$660.67 millionP/E Ratio35.41Dividend Yield8.31%Beta1.08 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ready Capital Corporation operates as a real estate finance company in the United States. The company originates, acquires, finances, and services small balance commercial (SBC) loans, small business administration (SBA) loans, and residential mortgage loans, as well as mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through four segments: Loan Acquisitions; SBC Originations; SBA Originations, Acquisitions and Servicing; and Residential Mortgage Banking. The Loan Acquisitions segment acquires performing and non-performing SBC loans. The SBC Originations segment originates SBC loans secured by stabilized or transitional investor properties using various loan origination channels; and originates and services multi-family loan products. The SBA Originations, Acquisitions and Servicing segment acquires, originates, and services owner-occupied loans guaranteed by the SBA. The Residential Mortgage Banking segment originates residential mortgage loans through retail, correspondent, and broker channels. 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.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingReady Capital has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.30, Ready Capital has a forecasted upside of 10.5% from its current price of $12.04.Amount of Analyst CoverageReady Capital has only been the subject of 2 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesReady Capital has received 211 “outperform” votes. (Add your “outperform” vote.)Underperform VotesReady Capital has received 225 “underperform” votes. (Add your “underperform” vote.)Community SentimentReady Capital has received 51.61% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Ready Capital and other stocks. Vote “Outperform” if you believe RC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipReady Capital is a leading dividend payer. It pays a dividend yield of 8.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthReady Capital has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Ready Capital is 64.94%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Ready Capital will have a dividend payout ratio of 96.15% in the coming year. This indicates that Ready Capital may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ready Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.79% of the stock of Ready Capital is held by insiders.Percentage Held by Institutions45.75% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Ready Capital are expected to decrease by -20.00% in the coming year, from $1.30 to $1.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ready Capital is 35.41, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Ready Capital is 35.41, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 15.06.Price to Book Value per Share RatioReady Capital has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.79 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:RC Previous Symbol CUSIP98886K10 CIK1527590 Webwww.sutherlandam.com Phone212-257-4600Debt Debt-to-Equity Ratio0.54 Current Ratio1.65 Quick Ratio1.65Price-To-Earnings Trailing P/E Ratio35.41 Forward P/E Ratio9.26 P/E GrowthN/A Sales & Book Value Annual Sales$229.92 million Price / Sales2.87 Cash Flow$1.84 per share Price / Cash Flow6.54 Book Value$16.25 per share Price / Book0.74Profitability EPS (Most Recent Fiscal Year)$1.54 Net Income$72.97 million Net Margins6.20% Return on Equity9.82% Return on Assets1.57%Miscellaneous Employees417 Outstanding Shares54,873,000Market Cap$660.67 million Next Earnings Date11/4/2020 (Estimated) OptionableNot Optionable $12.04 -0.10 (-0.82 %) (As of 09/18/2020 09:37 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive RC News and Ratings via Email Sign-up to receive the latest news and ratings for RC and its competitors with MarketBeat's FREE daily newsletter. Ready Capital (NYSE:RC) Frequently Asked Questions How has Ready Capital's stock been impacted by Coronavirus (COVID-19)? Ready Capital's stock was trading at $11.67 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RC stock has increased by 3.2% and is now trading at $12.04. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Ready Capital? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ready Capital in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ready Capital. When is Ready Capital's next earnings date? Ready Capital is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Ready Capital. How were Ready Capital's earnings last quarter? Ready Capital Corp (NYSE:RC) released its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported $0.70 EPS for the quarter, missing the Zacks' consensus estimate of $0.73 by $0.03. Ready Capital had a net margin of 6.20% and a return on equity of 9.82%. View Ready Capital's earnings history. How often does Ready Capital pay dividends? What is the dividend yield for Ready Capital? Ready Capital declared a quarterly dividend on Wednesday, September 16th. Investors of record on Wednesday, September 30th will be given a dividend of $0.30 per share on Friday, October 30th. This represents a $1.20 dividend on an annualized basis and a yield of 9.97%. The ex-dividend date is Tuesday, September 29th. This is a positive change from Ready Capital's previous quarterly dividend of $0.25. View Ready Capital's dividend history. What price target have analysts set for RC? 6 brokerages have issued 1 year price targets for Ready Capital's stock. Their forecasts range from $9.00 to $17.50. On average, they anticipate Ready Capital's stock price to reach $13.30 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View analysts' price targets for Ready Capital. Are investors shorting Ready Capital? Ready Capital saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 720,100 shares, an increase of 11.2% from the August 15th total of 647,600 shares. Based on an average trading volume of 398,400 shares, the days-to-cover ratio is currently 1.8 days. View Ready Capital's Short Interest. Who are some of Ready Capital's key competitors? 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), PennyMac Mortgage Investment Trust (PMT), Two Harbors Investment (TWO), Apollo Commercial Real Est. Finance (ARI), MFA FINL INC/SH (MFA), Colony Capital (CLNY), NY MTG TR INC/SH (NYMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR) and Dynex Capital (DX). View all competitors. 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 R.E.I.T. (PEI), Gran Tierra Energy (GTE), EnLink Midstream (ENLC), DHT (DHT), Cannabics Pharmaceuticals (CNBX) and Matinas BioPharma (MTNB). Who are Ready Capital's key executives? Ready Capital's management team includes the following people: Mr. Frederick C. Herbst, Chief Financial Officer (Age 62)Ms. Carole A. Mortensen, Chief Operating Officer (Age 48)Mr. Thomas Edward Capasse, Chairman & CEO (Age 62)Mr. Jack Jay Ross CPA, Pres & Director (Age 62)Mr. Gary T. Taylor, Chief Operating Officer (Age 59) 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 shareholders include Vanguard Group Inc. (4.89%), Raymond James & Associates (1.52%), American Financial Group Inc. (1.13%), Prudential Financial Inc. (0.85%), Bank of New York Mellon Corp (0.69%) and Ellington Management Group LLC (0.68%). Company insiders that own Ready Capital stock include Andrew Ahlborn, Gary Taylor, Jack J Ross, Thomas Buttacavoli, Thomas E Capasse and Todd M Sinai. View institutional ownership trends for Ready Capital. Which major investors are selling Ready Capital stock? RC stock was sold by a variety of institutional investors in the last quarter, including West Family Investments Inc., Nuveen Asset Management LLC, Goldman Sachs Group Inc., Guild Investment Management Inc., RBF Capital LLC, Bank of America Corp DE, Great West Life Assurance Co. Can, and UBS Group AG. View insider buying and selling activity for Ready Capital. Which major investors are buying Ready Capital stock? RC stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Prudential Financial Inc., Granite Point Capital Management L.P., Lincoln National Corp, Emerald Mutual Fund Advisers Trust, American Financial Group Inc., Ensign Peak Advisors Inc, and Raymond James & Associates. Company insiders that have bought Ready Capital stock in the last two years include Andrew Ahlborn, Gary Taylor, Jack J Ross, Thomas Buttacavoli, Thomas E Capasse, and Todd M Sinai. View insider buying and selling activity for Ready Capital. How do I buy shares of 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. What is Ready Capital's stock price today? One share of RC stock can currently be purchased for approximately $12.04. How big of a company is Ready Capital? Ready Capital has a market capitalization of $660.67 million and generates $229.92 million in revenue each year. The real estate investment trust earns $72.97 million in net income (profit) each year or $1.54 on an earnings per share basis. Ready Capital employs 417 workers across the globe. What is Ready Capital's official website? The official website for Ready Capital is www.sutherlandam.com. How can I contact Ready Capital? 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. This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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