NYSE:RC Ready Capital (RC) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free RC Stock Alerts $8.37 -0.29 (-3.35%) (As of 05/10/2024 08:55 PM ET) Add Compare Share Share Today's Range$8.29▼$8.6550-Day Range$8.29▼$9.1852-Week Range$8.25▼$11.97Volume2.43 million shsAverage Volume1.46 million shsMarket Capitalization$1.41 billionP/E Ratio5.20Dividend Yield14.34%Price Target$10.93 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Ready Capital alerts: Email Address Ready Capital MarketRank™ Stock AnalysisAnalyst RatingHold2.14 Rating ScoreUpside/Downside30.6% Upside$10.93 Price TargetShort InterestBearish6.16% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.40Based on 10 Articles This WeekInsider TradingAcquiring Shares$148,280 Bought Last QuarterProj. Earnings Growth11.86%From $1.18 to $1.32 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.41 out of 5 starsFinance Sector192nd out of 880 stocksReal Estate Investment Trusts Industry30th out of 181 stocks 4.1 Analyst's Opinion Consensus RatingReady Capital has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageReady Capital has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Ready Capital's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.16% 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 7.1.Change versus previous monthShort interest in Ready Capital has recently increased by 0.68%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipReady Capital is a leading dividend payer. It pays a dividend yield of 14.34%, 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 74.53%. 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 90.91% in the coming year. This indicates that Ready Capital may not be able to sustain their current dividend.Read more about Ready Capital's 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 2.4 News and Social Media Coverage News SentimentReady Capital has a news sentiment score of 0.40. 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 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 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 -26% compared to the previous 30 days.MarketBeat Follows9 people have added Ready Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days. Previous Next 2.5 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 $148,280.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.95% of the stock of Ready Capital is held by insiders.Percentage Held by Institutions55.87% of the stock of Ready Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ready Capital's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ready Capital are expected to grow by 11.86% in the coming year, from $1.18 to $1.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ready Capital is 5.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Ready Capital is 5.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 54.95.Price to Book Value per Share RatioReady Capital has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Ready Capital's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Tomorrow InvestorThe Department of Defense Has a New Drone ContractorThe Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.Click here to see how to invest About Ready Capital Stock (NYSE:RC)Ready Capital Corporation operates as a real estate finance company in the United States. It operates through two segments: LMM Commercial Real Estate and Small Business Lending. The company originates, acquires, finances, and services lower-to-middle-market (LLM) commercial real estate loans, small business administration (SBA) loans, residential mortgage loans, construction loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments. The LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and acquires purchased future receivables. The company has elected to be taxed as a real estate investment trust (REIT) and 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 RC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RC Stock News HeadlinesMay 11, 2024 | msn.comLadenburg Thalmann Downgrades Ready Capital (RC)May 10, 2024 | finance.yahoo.comReady Capital Corp Reports Mixed Q1 2024 Results Amidst Commercial Real Estate ChallengesMay 13, 2024 | Porter & Company (Ad)Obama’s Forever Term [exposed]America’s Last Election New documentary, America’s Last Election, reveals the true (and terrifying) story of how the D.C. establishment has engineered a brutal new crisis that could hand them permanent power. Power they will use to reshape America to their dark, dystopian vision.May 9, 2024 | msn.comReady Capital Q1 distributable earnings rise even in wake of CRE slumpMay 9, 2024 | seekingalpha.com10 REITs In Under 5 MinutesMay 9, 2024 | investorplace.comRC Stock Earnings: Ready Capital Beats EPS, Misses Revenue for Q1 2024May 8, 2024 | globenewswire.comReady Capital Corporation Reports First Quarter 2024 ResultsApril 30, 2024 | msn.comFood vendors in Zanzibar ready to shineMay 13, 2024 | Porter & Company (Ad)Obama’s Forever Term [exposed]America’s Last Election New documentary, America’s Last Election, reveals the true (and terrifying) story of how the D.C. establishment has engineered a brutal new crisis that could hand them permanent power. Power they will use to reshape America to their dark, dystopian vision.April 30, 2024 | msn.comClosing Bell: ASX finds some bulldog as copper-gold pup Canterbury pops, just like we said it wouldApril 29, 2024 | globenewswire.comReady Capital Corporation Announces First Quarter 2024 Results and Webcast CallApril 28, 2024 | msn.comTV and Streaming Viewing Picks for April 28, 2024: how to watch NHL Stanley Cup PlayoffsApril 27, 2024 | msn.comSaudi Arabia Establishes Center to Protect Whistleblowers, WitnessesApril 26, 2024 | msn.comEuropean Countries Prepared to Recognize Palestinian State amid Ongoing Saudi PressureApril 9, 2024 | msn.comDragon’s Dogma 2: How To Use DyeApril 4, 2024 | msn.comEXCLUSIVE: Marco Bizzarri Embraces New Career PhaseApril 3, 2024 | seekingalpha.comRithm Capital: Adding To The Preferred Suite Of This Resilient Mortgage REITMarch 31, 2024 | finance.yahoo.comReady Capital Corporation (RC)March 21, 2024 | seekingalpha.comMore 9% Dividend Yields Again? I'm Also Buying This OneMarch 15, 2024 | globenewswire.comReady Capital Corporation Declares First Quarter 2024 DividendsMarch 13, 2024 | finance.yahoo.comAs Ready Capital (NYSE:RC) rallies 4.7% this past week, investors may now be noticing the company's three-year earnings growthMarch 4, 2024 | msn.comKeefe, Bruyette & Woods Downgrades Ready Capital (RC)March 4, 2024 | markets.businessinsider.comIn-Depth Examination Of 4 Analyst Recommendations For Ready CapitalFebruary 28, 2024 | markets.businessinsider.comBuy Rating Affirmed for Ready Capital amid Temporary Setback and Strong Growth ProspectsFebruary 28, 2024 | seekingalpha.comI Was Hoping To Give REIT Ready Capital Corp. A Buy Rating, But I Can'tFebruary 28, 2024 | seekingalpha.comReady Capital: Another Distribution Cut Looks ProbableFebruary 27, 2024 | benzinga.comReady Capital: Q4 Earnings InsightsSee More Headlines 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 Company Calendar Ex-Dividend for 4/30 Dividend3/27/2024Dividend Payable4/30/2024Last Earnings5/08/2024Today5/12/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryMortgage REITs Current SymbolNYSE:RC CUSIP98886K10 CIK1527590 Webwww.sutherlandam.com Phone(212) 257-4600FaxN/AEmployees374Year Founded2007Price Target and Rating Average Stock Price Target$10.93 High Stock Price Target$14.00 Low Stock Price Target$8.00 Potential Upside/Downside+30.6%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.61 Trailing P/E Ratio5.20 Forward P/E Ratio7.09 P/E GrowthN/ANet Income$339.45 million Net Margins23.81% Pretax Margin22.28% Return on Equity8.11% Return on Assets1.65% Debt Debt-to-Equity Ratio0.47 Current Ratio1.76 Quick Ratio1.89 Sales & Book Value Annual Sales$945.81 million Price / Sales1.49 Cash Flow$1.46 per share Price / Cash Flow5.73 Book Value$14.14 per share Price / Book0.59Miscellaneous Outstanding Shares168,870,000Free Float167,268,000Market Cap$1.41 billion OptionableOptionable Beta1.41 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Andrew Ahlborn CPA (Age 39)CFO & Secretary Comp: $1.7MMr. Gary T. Taylor (Age 64)Chief Operating Officer Comp: $1.52MMr. Adam Zausmer (Age 46)Chief Credit Officer Comp: $1.7MMr. Thomas Edward Capasse (Age 67)Chairman, CEO & Chief Investment Officer Mr. Jack Jay Ross CPA (Age 67)President & Director Mr. Brian DunnDirector of Finance DivisionMr. Alex OvalleMD & National Sales ManagerMr. Richard KatzensteinMD & Head of Strategic PartnershipsDavid A. CohenMD & Co-Head of the National Bridge Lending PlatformMore ExecutivesKey CompetitorsApollo Commercial Real Estate FinanceNYSE:ARITwo Harbors InvestmentNYSE:TWOPennyMac Mortgage Investment TrustNYSE:PMTMFA FinancialNYSE:MFAChimera InvestmentNYSE:CIMView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 191,372 shares on 5/10/2024Ownership: 6.497%First Foundation AdvisorsBought 4,883 shares on 5/10/2024Ownership: 0.226%HBK Sorce Advisory LLCBought 2,317 shares on 5/9/2024Ownership: 0.040%ProShare Advisors LLCBought 2,209 shares on 5/8/2024Ownership: 0.019%Entropy Technologies LPBought 29,835 shares on 5/8/2024Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions RC Stock Analysis - Frequently Asked Questions Should I buy or sell Ready Capital stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ready Capital in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RC, but not buy additional shares or sell existing shares. View RC analyst ratings or view top-rated stocks. What is Ready Capital's stock price target for 2024? 7 brokerages have issued 1 year target prices for Ready Capital's shares. Their RC share price targets range from $8.00 to $14.00. On average, they predict the company's share price to reach $10.93 in the next year. This suggests a possible upside of 30.6% 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 2024? Ready Capital's stock was trading at $10.25 at the start of the year. Since then, RC stock has decreased by 18.3% and is now trading at $8.37. View the best growth stocks for 2024 here. When is Ready Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024. View our RC earnings forecast. How were Ready Capital's earnings last quarter? Ready Capital Co. (NYSE:RC) released its quarterly earnings results on Wednesday, May, 8th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.01. The real estate investment trust earned $232.35 million during the quarter, compared to analyst estimates of $64.34 million. Ready Capital had a trailing twelve-month return on equity of 8.11% and a net margin of 23.81%. During the same period in the prior year, the firm posted $0.31 earnings per share. How often does Ready Capital pay dividends? What is the dividend yield for Ready Capital? Ready Capital declared a quarterly dividend on Friday, March 15th. Investors of record on Thursday, March 28th will be paid a dividend of $0.30 per share on Tuesday, April 30th. This represents a $1.20 annualized dividend and a dividend yield of 14.34%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for RC. Is Ready Capital a good dividend stock? Ready Capital (NYSE:RC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 14.34%. RC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, RC will have a dividend payout ratio of 90.91% 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 ETFs hold Ready Capital's stock? ETFs with the largest weight of Ready Capital (NYSE:RC) stock in their portfolio include Kingsbarn Dividend Opportunity ETF (DVDN), AXS Real Estate Income ETF (RINC), VanEck Mortgage REIT Income ETF (MORT), Global X SuperDividend REIT ETF (SRET), iShares Mortgage Real Estate ETF (REM), Invesco KBW High Dividend Yield Financial ETF (KBWD), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) and WisdomTree Alternative Income Fund (HYIN). 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), EnLink Midstream (ENLC), DHT (DHT), CNBX Pharmaceuticals (CNBX) and Matinas BioPharma (MTNB). 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 Vanguard Group Inc. (6.50%), Van ECK Associates Corp (0.60%), Principal Financial Group Inc. (0.48%), Mirae Asset Global Investments Co. Ltd. (0.44%), Mission Wealth Management LP (0.43%) and First Foundation Advisors (0.23%). Insiders that own company stock include Andrea Petro, Andrew Ahlborn, Dominique Mielle, Gilbert E Nathan, Kevin M Luebbers, Thomas E Capasse 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:RC) was last updated on 5/13/2024 by MarketBeat.com Staff From Our PartnersBill Clinton Backing Biden Replacement???The Freeport SocietyThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorHe Is Giving Away BitcoinCrypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe Crypto 9-5 Escape PlanCrypto 101 MediaCharles Payne Demystifies OptionsUnstoppable ProsperityElon’s New Device is About to Shock the WorldInvestorPlaceElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.