Ready Capital Corporation/$RC
1D1W1MYTD1Y5YMAX
Capital at risk
About Ready Capital Corporation
Ready Capital Corp is a real estate finance company that originates, acquires, finances, and services LMM loans, SBA loans, construction loans, USDA loans and, to a lesser extent, MBS collateralized mainly by LMM loans or other real estate-related investments. Its loans are used by businesses to purchase real estate used in their operations or by investors seeking to acquire multi-family, office, retail, mixed use or warehouse properties. It operates through two segments: LMM Commercial Real Estate, which originates LMM loans across the life-cycle of an LMM property including construction, bridge, stabilized and agency loan channels, and Small Business Lending, which acquires, originates and services owner-occupied loans guaranteed by the SBA and also originates and services USDA loans.
- Ticker
- $RC
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 442
- Headquarters
- New York, United States
- Website
- www.readycapital.com
RC Metrics
BasicAdvanced
$274M
-
-$3.45
1.53
$0.16
2.41%
Price and volume
Market cap
$274M
Beta
1.53
52-week high
$4.30
52-week low
$1.39
Average daily volume
1.1M
Dividend rate
$0.16
Financial strength
Current ratio
6.463
Quick ratio
20.885
Long term debt to equity
3.493
Total debt to equity
3.512
Profitability
Gross margin (TTM)
112.39%
Net profit margin (TTM)
205.15%
Operating margin (TTM)
227.39%
Effective tax rate (TTM)
11.52%
Revenue per employee (TTM)
-$610,000
Management effectiveness
Return on assets (TTM)
-7.05%
Return on equity (TTM)
-33.45%
Valuation
Price to revenue (TTM)
-1.001
Price to book
0.24
Price to tangible book (TTM)
0.26
Price to free cash flow (TTM)
0.249
Free cash flow yield (TTM)
401.33%
Free cash flow per share (TTM)
6.662
Dividend yield (TTM)
9.34%
Forward dividend yield
2.41%
Growth
Revenue change (TTM)
139.90%
Earnings per share change (TTM)
85.98%
3-year revenue growth (CAGR)
-4.40%
10-year revenue growth (CAGR)
10.95%
3-year earnings per share growth (CAGR)
6.21%
10-year earnings per share growth (CAGR)
8.28%
3-year dividend per share growth (CAGR)
-54.26%
10-year dividend per share growth (CAGR)
-20.87%
What the Analysts think about RC
Majority rating from 8 analysts.
| Month | Buy | Hold | Sell | Analysts | Majority rating |
|---|---|---|---|---|---|
| July 2023 | 5 | 3 | 0 | 8 | Buy |
| August 2023 | 5 | 3 | 0 | 8 | Buy |
| September 2023 | 5 | 3 | 0 | 8 | Buy |
| October 2023 | 5 | 3 | 0 | 8 | Buy |
| November 2023 | 5 | 3 | 0 | 8 | Buy |
| December 2023 | 4 | 5 | 0 | 9 | Hold |
| January 2024 | 4 | 5 | 0 | 9 | Hold |
| February 2024 | 4 | 5 | 0 | 9 | Hold |
| March 2024 | 4 | 4 | 1 | 9 | Buy |
| April 2024 | 4 | 4 | 1 | 9 | Buy |
| May 2024 | 2 | 5 | 1 | 8 | Hold |
| June 2024 | 2 | 5 | 1 | 8 | Hold |
Upcoming events
RC News
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Funds containing RC
Fund name | Fund size | $RC weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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