Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 2/6 |
Past Performance | 4/6 |
Financial Health | 2/6 |
Dividends | 2/6 |
Rewards
Risk Analysis
+ 1 more risk
Ready Capital Corporation Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$8.71 |
52 Week High | US$11.97 |
52 Week Low | US$8.25 |
Beta | 1.45 |
1 Month Change | 1.04% |
3 Month Change | -5.33% |
1 Year Change | -18.75% |
3 Year Change | -40.26% |
5 Year Change | -40.63% |
Change since IPO | -31.52% |
Recent News & Updates
Recent updates
Ready Capital: Inability To Stabilize Earnings Against Headwinds Makes It A Hold
Apr 09Ready Capital: Two Dividend Cuts Later And The Broadmark Acquisition Stings
Dec 23Ready Capital: A Fat 14.5% CRE Yield After The Merger With Broadmark
Sep 03Ready Capital: Why Decreased Distributable Earnings Are Not Frightening
Jun 28Ready Capital Q4 2022 Earnings Preview
Feb 24Ready Capital: The 12.4% Yield Is Still Exciting
Feb 11Ready Capital decrease quarterly dividend by -4.8% to $0.40 /share
Dec 15Ready Capital upsizes share buyback by $25M
Sep 29Ready Capital: Steady Double-Digit Yields With Minimal Risk
Sep 22Ready Capital declares $0.42 dividend
Sep 15Ready Capital expects 'healthy deal flow' for its lending programs into 2023
Jul 12Ready Capital: 13.65% Dividend Yield With Favorable Risk-Reward Profile
Jul 05Ready Capital: Headwinds From Rising Interest Rates
Apr 04Trade Orchid Island Capital For Ready Capital To Realize Future Growth And Income
Jan 16Ready Capital: Strong And Steady Growth With An Eye For M&A
Nov 18Ready Capital prices $100M public offering
Jun 03Ready Capital Corporation 2021 Q1 - Results - Earnings Call Presentation
May 07What You Need To Know About Ready Capital Corporation's (NYSE:RC) Investor Composition
Feb 19Have Insiders Been Buying Ready Capital Corporation (NYSE:RC) Shares?
Jan 15Ready Capital increases dividend by ~17% to $0.35
Dec 14Share Price Aside, Ready Capital (NYSE:RC) Has Delivered Shareholders A 3.9% Return.
Dec 11Shareholder Returns
RC | US Mortgage REITs | US Market | |
---|---|---|---|
7D | 4.1% | 2.0% | 1.7% |
1Y | -18.8% | 8.3% | 26.3% |
Return vs Industry: RC underperformed the US Mortgage REITs industry which returned 8.3% over the past year.
Return vs Market: RC underperformed the US Market which returned 26.3% over the past year.
Price Volatility
RC volatility | |
---|---|
RC Average Weekly Movement | 4.6% |
Mortgage REITs Industry Average Movement | 3.9% |
Market Average Movement | 5.9% |
10% most volatile stocks in US Market | 16.0% |
10% least volatile stocks in US Market | 2.8% |
Stable Share Price: RC has not had significant price volatility in the past 3 months.
Volatility Over Time: RC's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2007 | 374 | Tom Capasse | www.readycapital.com |
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.
Ready Capital Corporation Fundamentals Summary
RC fundamental statistics | |
---|---|
Market cap | US$1.48b |
Earnings (TTM) | US$220.66m |
Revenue (TTM) | US$310.50m |
6.7x
P/E Ratio4.7x
P/S RatioIs RC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
RC income statement (TTM) | |
---|---|
Revenue | US$310.50m |
Cost of Revenue | US$45.45m |
Gross Profit | US$265.05m |
Other Expenses | US$44.38m |
Earnings | US$220.66m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
Earnings per share (EPS) | 1.31 |
Gross Margin | 85.36% |
Net Profit Margin | 71.07% |
Debt/Equity Ratio | 357.9% |
How did RC perform over the long term?
See historical performance and comparison