NYSE:RC Ready Capital (RC) Stock Price, News & Analysis $7.93 -0.18 (-2.22%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$7.89▼$8.1450-Day Range$7.93▼$9.4352-Week Range$7.89▼$11.67Volume2.25 million shsAverage Volume1.49 million shsMarket Capitalization$1.33 billionP/E Ratio4.93Dividend Yield15.13%Price Target$9.65 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Ready Capital alerts: Email Address Ready Capital MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside21.7% Upside$9.65 Price TargetShort InterestBearish7.85% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.84Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth17.48%From $1.03 to $1.21 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.3.02 out of 5 starsFinance Sector451st out of 871 stocksReal Estate Investment Trusts Industry92nd out of 178 stocks 2.0 Analyst's Opinion Consensus RatingReady Capital has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 5 hold ratings, and 1 sell rating.Amount of Analyst CoverageReady Capital has only been the subject of 3 research reports in the past 90 days.Read more about Ready Capital's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.85% 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 8.5.Change versus previous monthShort interest in Ready Capital has recently increased by 10.55%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipReady Capital is a leading dividend payer. It pays a dividend yield of 14.98%, 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 99.17% 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 3.2 News and Social Media Coverage News SentimentReady Capital has a news sentiment score of 0.84. 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 higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Ready Capital this week, compared to 3 articles on an average week.Search Interest18 people have searched for RC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Ready Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days. Previous Next 0.8 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 1.09% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Ready Capital are expected to grow by 17.48% in the coming year, from $1.03 to $1.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ready Capital is 4.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Ready Capital is 4.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.61.Price to Book Value per Share RatioReady Capital has a P/B Ratio of 0.58. 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 Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << 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 HeadlinesSeptember 6 at 10:00 PM | marketbeat.comThey’re Small. They’re Cheap. And They Yield Up to 14.7%.The index huggers are, rightfully, fretting about the only position they own, the S&P 500, which is heavy on Nvidia (NVDA). The soon-to-be-fallenAugust 28, 2024 | sg.finance.yahoo.comReady Capital Corp (0SZ.SG)September 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 28, 2024 | americanbankingnews.comReady Capital Co. (NYSE:RC) Receives $9.65 Average PT from AnalystsAugust 13, 2024 | prnewswire.comWaterfall Asset Management Expands Partnership with Onity Through Transfer of Reverse Mortgage AssetsAugust 9, 2024 | seekingalpha.comReady Capital: Light At The End Of The Tunnel As Cleanup Efforts ShowAugust 9, 2024 | markets.businessinsider.comPiper Sandler Keeps Their Hold Rating on Ready Capital (RC)August 9, 2024 | markets.businessinsider.comJMP Securities Keeps Their Buy Rating on Ready Capital (RC)September 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 8, 2024 | seekingalpha.comReady Capital Corporation (RC) Q2 2024 Earnings Call TranscriptAugust 8, 2024 | markets.businessinsider.comKBW Keeps Their Sell Rating on Ready Capital (RC)August 7, 2024 | markets.businessinsider.comRC Stock Earnings: Ready Capital Misses EPS, Misses Revenue for Q2 2024August 7, 2024 | msn.comReady Capital Q2 distributable earnings miss as REIT cycles out of weak assetsAugust 7, 2024 | finance.yahoo.comReady Capital Corporation's (NYSE:RC) recent 6.8% pullback adds to one-year year losses, institutional owners may take drastic measuresAugust 7, 2024 | globenewswire.comReady Capital Corporation Reports Second Quarter 2024 ResultsJuly 31, 2024 | globenewswire.comReady Capital Corporation Announces Second Quarter 2024 Results and Webcast CallJuly 26, 2024 | finance.yahoo.comRC Oct 2024 11.000 call (RC241018C00011000)July 21, 2024 | finance.yahoo.comSTX CAN.50 RC.5 RV GR CAD (S877.Z)See 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 7/31 Dividend6/28/2024Dividend Payable7/31/2024Last Earnings8/07/2024Today9/07/2024Next Earnings (Estimated)11/05/2024Fiscal 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/AEmployees600Year Founded2007Price Target and Rating Average Stock Price Target$9.65 High Stock Price Target$12.00 Low Stock Price Target$7.75 Potential Upside/Downside+21.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.61 Trailing P/E Ratio4.93 Forward P/E Ratio7.70 P/E GrowthN/ANet Income$339.45 million Net Margins-5.67% Pretax Margin-11.74% Return on Equity7.32% Return on Assets1.46% Debt Debt-to-Equity Ratio0.52 Current Ratio1.69 Quick Ratio1.69 Sales & Book Value Annual Sales$945.81 million Price / Sales1.41 Cash Flow$1.45 per share Price / Cash Flow5.48 Book Value$13.56 per share Price / Book0.58Miscellaneous Outstanding Shares168,210,000Free Float166,273,000Market Cap$1.33 billion OptionableOptionable Beta1.42 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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:TWOMFA FinancialNYSE:MFAChimera InvestmentNYSE:CIMPennyMac Mortgage Investment TrustNYSE:PMTView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 14,245 shares on 9/5/2024Ownership: 0.008%Truist Financial CorpSold 63,142 shares on 8/21/2024Ownership: 0.257%B. Riley Wealth Advisors Inc.Sold 2,770 shares on 8/19/2024Ownership: 0.006%Sunbelt Securities Inc.Sold 8,456 shares on 8/16/2024Ownership: 0.037%Algert Global LLCBought 16,520 shares on 8/16/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions RC Stock Analysis - Frequently Asked Questions How have RC shares performed this year? Ready Capital's stock was trading at $10.25 at the beginning of the year. Since then, RC stock has decreased by 22.6% and is now trading at $7.93. View the best growth stocks for 2024 here. How were Ready Capital's earnings last quarter? Ready Capital Co. (NYSE:RC) posted its quarterly earnings data on Wednesday, August, 7th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by $0.19. The real estate investment trust earned $234.12 million during the quarter, compared to the consensus estimate of $61.77 million. Ready Capital had a positive trailing twelve-month return on equity of 7.32% and a negative net margin of 5.67%. 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. Who are Ready Capital's major shareholders? Top institutional investors of Ready Capital include Van ECK Associates Corp (0.80%), Bank of New York Mellon Corp (0.71%), Parallel Advisors LLC (0.54%) and Clear Harbor Asset Management LLC (0.47%). Insiders that own company stock include Thomas E Capasse, Kevin M Luebbers, Gilbert E Nathan, Andrew Ahlborn, Dominique Mielle and Andrea Petro. 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. What other stocks do shareholders of Ready Capital own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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). This page (NYSE:RC) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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