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Ready Capital Stock Price, News & Analysis (NYSE:RC)

$16.17
+0.11 (+0.68 %)
(As of 10/18/2019 04:00 PM ET)
Today's Range
$15.98
Now: $16.17
$16.20
50-Day Range
$14.50
MA: $15.58
$16.43
52-Week Range
$13.44
Now: $16.17
$16.55
Volume87,732 shs
Average Volume171,699 shs
Market Capitalization$718.19 million
P/E Ratio9.19
Dividend Yield9.96%
Beta0.69
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. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
CUSIP98886K10
Phone212-257-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$317.42 million
Cash Flow$2.36 per share
Book Value$17.59 per share

Profitability

Net Income$59.26 million

Miscellaneous

Employees417
Market Cap$718.19 million
Next Earnings Date11/6/2019 (Estimated)
OptionableNot Optionable

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Ready Capital (NYSE:RC) Frequently Asked Questions

What is Ready Capital's stock symbol?

Ready Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "RC."

How often does Ready Capital pay dividends? What is the dividend yield for Ready Capital?

Ready Capital announced a quarterly dividend on Tuesday, September 10th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.40 per share on Thursday, October 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 9.89%. The ex-dividend date is Friday, September 27th. View Ready Capital's Dividend History.

How were Ready Capital's earnings last quarter?

Ready Capital Corp (NYSE:RC) posted its earnings results on Wednesday, August, 7th. The real estate investment trust reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.01. The real estate investment trust had revenue of $21.28 million for the quarter, compared to analysts' expectations of $17.58 million. Ready Capital had a net margin of 30.47% and a return on equity of 8.40%. View Ready Capital's Earnings History.

When is Ready Capital's next earnings date?

Ready Capital is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Ready Capital.

What price target have analysts set for RC?

4 Wall Street analysts have issued twelve-month target prices for Ready Capital's stock. Their predictions range from $15.50 to $17.00. On average, they expect Ready Capital's share price to reach $16.33 in the next year. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for Ready Capital.

What is the consensus analysts' recommendation 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.

Has Ready Capital been receiving favorable news coverage?

Press coverage about RC stock has trended somewhat negative on Saturday, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ready Capital earned a coverage optimism score of -1.5 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Ready Capital.

Are investors shorting Ready Capital?

Ready Capital saw a increase in short interest in September. As of September 30th, there was short interest totalling 942,800 shares, an increase of 23.9% from the August 30th total of 761,200 shares. Based on an average trading volume of 157,300 shares, the days-to-cover ratio is currently 6.0 days. Currently, 2.2% of the company's shares are sold short. View Ready Capital's Current Options Chain.

Who are some of Ready Capital's key competitors?

What other stocks do shareholders of Ready Capital own?

Who are Ready Capital's key executives?

Ready Capital's management team includes the folowing 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)

Who are Ready Capital's major shareholders?

Ready Capital's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Mechanics Bank Trust Department (0.06%), Nisa Investment Advisors LLC (0.04%), Advantage Investment Management LLC (0.03%) and Meeder Asset Management Inc. (0.02%). Company insiders that own Ready Capital stock include 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 Mechanics Bank Trust Department, Advantage Investment Management LLC and Meeder Asset Management Inc.. View Insider Buying and Selling 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 Nisa Investment Advisors 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.

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 $16.17.

How big of a company is Ready Capital?

Ready Capital has a market capitalization of $718.19 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.

What is Ready Capital's official website?

The official website for Ready Capital is http://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.


MarketBeat Community Rating for Ready Capital (NYSE RC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  200 (Vote Underperform)
Total Votes:  394
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.
This page was last updated on 10/19/2019 by MarketBeat.com Staff

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