Ready Capital (RC) Aperçu de l'action
Ready Capital Corporation est une société de financement immobilier aux États-Unis. Plus de détails
| Score flocon de neige | |
|---|---|
| Évaluation | 2/6 |
| Croissance future | 2/6 |
| Performances passées | 0/6 |
| Santé financière | 3/6 |
| Dividendes | 2/6 |
RC Community Fair Values
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Analyst Price Targets
Ready Capital Corporation Concurrents
Historique des prix et performances
| Historique des cours de bourse | |
|---|---|
| Prix actuel de l'action | US$1.71 |
| Plus haut sur 52 semaines | US$4.75 |
| Plus bas sur 52 semaines | US$1.50 |
| Bêta | 1.49 |
| Variation sur 1 mois | -9.52% |
| Variation sur 3 mois | -8.56% |
| Variation sur 1 an | -61.14% |
| Variation sur 3 ans | -84.52% |
| Variation sur 5 ans | -89.07% |
| Évolution depuis l'introduction en bourse | -86.56% |
Nouvelles et mises à jour récentes
Nouveau récit • Jun 01
Liquidity Reset And SBA Lending Expansion Will Transform Earnings Power Over The Long Term
Catalysts About Ready Capital Ready Capital focuses on middle market commercial real estate debt investing and SBA 7(a) small business lending. What are the underlying business or industry changes driving this perspective?Seeking Alpha • May 29
Ready Capital: It Is Easier To Make Than Implement A Liquidity Plan
Summary Ready Capital (RC) faces rapid deterioration in its Core Portfolio, with negative net interest margins and falling cash yields across CRE and SBA loans. RC’s strategic shifts— reducing non-performing loan sales, altering capital deployment, and moving away from small-balance loans—signal instability and operational risk. Compensation and management fees remain high despite a shrinking asset base, further pressuring profitability and incentivizing riskier capital allocation. Slowing condo sales at Block 216 and rising delinquencies in the SBA portfolio compound liquidity concerns, making a sustained turnaround unlikely. Read the full article on Seeking Alpha
Nouveau récit • May 12
Shrinking Balance Sheet And Funding Risks Will Pressure Earnings For Years
Catalysts About Ready Capital Ready Capital focuses on middle market commercial real estate lending and SBA 7(a) small business lending. What are the underlying business or industry changes driving this perspective?Recent updates
Nouveau récit • Jun 01
Liquidity Reset And SBA Lending Expansion Will Transform Earnings Power Over The Long Term
Catalysts About Ready Capital Ready Capital focuses on middle market commercial real estate debt investing and SBA 7(a) small business lending. What are the underlying business or industry changes driving this perspective?Seeking Alpha • May 29
Ready Capital: It Is Easier To Make Than Implement A Liquidity Plan
Summary Ready Capital (RC) faces rapid deterioration in its Core Portfolio, with negative net interest margins and falling cash yields across CRE and SBA loans. RC’s strategic shifts— reducing non-performing loan sales, altering capital deployment, and moving away from small-balance loans—signal instability and operational risk. Compensation and management fees remain high despite a shrinking asset base, further pressuring profitability and incentivizing riskier capital allocation. Slowing condo sales at Block 216 and rising delinquencies in the SBA portfolio compound liquidity concerns, making a sustained turnaround unlikely. Read the full article on Seeking AlphaNouveau récit • May 12
Shrinking Balance Sheet And Funding Risks Will Pressure Earnings For Years
Catalysts About Ready Capital Ready Capital focuses on middle market commercial real estate lending and SBA 7(a) small business lending. What are the underlying business or industry changes driving this perspective?
Nouveau récit • Mar 05
Balance Sheet Repositioning And SBA Lending Shift Will Support Future Earnings Stability
Catalysts About Ready Capital Ready Capital is a finance company focused on commercial real estate lending and capital light small business lending, including SBA 7(a) loans. What are the underlying business or industry changes driving this perspective?Seeking Alpha • Mar 19
Ready Capital Bulls, You Need To Consider A Safer Approach
Summary Closed position in Ready Capital Corporation baby bonds due to poor earnings and reentered; prefer higher capital structure for troubled companies, using common stock as a cushion and signal. Bullish on RC implies expecting higher BV multiple and steady 6% ROE, but financing costs and past performance make this unlikely. Leveraged RCD bonds offer close to a 17% yield, comparable to a bullish RC scenario, with lower risk and better risk-adjusted returns. Bonds provide a safer investment with a cushion from common stock and preferred stocks, allowing flexibility to react to equity weakness. Read the full article on Seeking AlphaSeeking Alpha • Feb 21
Ready Capital: Ritz-Carlton Portland Loan And Trump Administration's Potential View On SBA Loans Spell Trouble
Summary Ready Capital holds a $400+ million construction loan secured by the Ritz-Carlton Portland and an adjacent office tower. The loan has not been impaired despite 70% vacancy in the office building, anemic condo sales, and a lien from a contractor, an impairment would cost RC 35% of DE. The new SBA Administrator, Kelly Loeffler, is likely to change the way the SBA 7(a) lending program is administered. SBA 7(a) loans are a key profit center for RC, generating almost half of Distributable Earnings in 3Q24. Read the full article on Seeking AlphaSeeking Alpha • Dec 11
Ready Capital: Accounting Policy Changes Mask Negative Adjusted Operating Cash Flows And Unsupported Dividend
Summary Despite three dividend cuts in recent years, more dividend cuts are inevitable, in my opinion, due to negative operating cash flow and cash Distributable Earnings not covering the dividend. Recent accounting policy changes led to the recognition of PIK and accrued interest as interest income, which dramatically increased reported distributable earnings. November’s CLO data shows loan problems are accelerating, not abating, and many modified but not impaired loans are of dubious quality. Assuming a loss on loans that are delinquent or not paying interest in cash in line with Trepp’s historical loss rate results in a tangible book value/share of $3.39. Based on outcomes of recent acquisitions, investors should question the rationale for the proposed acquisition of United Development Funding IV, as the portfolio has 51% non-accrual loans. Read the full article on Seeking AlphaSeeking Alpha • Oct 16
Ready Capital: When Is The Final Dividend Cut?
Summary Ready Capital's dividend cut to $0.25 per share marks a significant sequential reduction, with a current yield of 14%, significantly above pre-pandemic levels. RC's net book value has declined to $12.97 per share with the commons trading at a 45% discount. The mREIT plans to bridge dividend coverage by focusing on small business loans, exiting residential mortgage banking, and increasing leverage. Cost reductions, including an 11% staffing cut, aim to improve ROE, but the risk of further dividend cuts remains, making preferred shares a safer option. Read the full article on Seeking AlphaSeeking Alpha • May 20
Ready Capital: It Isn't Ready Yet
Summary Ready Capital's share price is at its lowest since COVID, at a large discount to book value. The company is transitioning its focus to commercial real estate lending and government-backed small business loans, but the success of that still remains to be seen. The company's Q1 results showed a decrease in distributable earnings that did not fully cover the dividend, indicating potential challenges ahead. A successful 2024 therefore entails rolling weak assets into better loans and ample buybacks at discounts to book. Read the full article on Seeking AlphaSeeking Alpha • Apr 09
Ready Capital: Inability To Stabilize Earnings Against Headwinds Makes It A Hold
Summary Ready Capital's distributable EPS at $0.26 for its fiscal 2023 fourth quarter is only covering its dividend by 86.7%. The mREIT is trading at a material 40% discount to book value of $14.10 per share at the end of the fourth quarter. RC's preferred securities are trading at 25% discounts to their liquidation value and come with markedly higher yields than the bonds. Read the full article on Seeking AlphaSeeking Alpha • Dec 23
Ready Capital: Two Dividend Cuts Later And The Broadmark Acquisition Stings
Summary Ready Capital has cut its dividend for the second consecutive time to $0.30 per share. The mREIT currently offers a fat 11% dividend yield and is now trading at a 24% discount to its third-quarter book value of $14.42 per share. Distributable EPS of $0.28 means that the rightsized dividend is still not covered. Read the full article on Seeking AlphaSeeking Alpha • Sep 03
Ready Capital: A Fat 14.5% CRE Yield After The Merger With Broadmark
Summary Ready Capital is paying out a 14.5% dividend yield. The mREIT is also currently trading for 76 cents on the dollar following its merger with Broadmark Realty. There is some dividend uncertainty as its payout ratio sits at 111%. Read the full article on Seeking AlphaSeeking Alpha • Jun 28
Ready Capital: Why Decreased Distributable Earnings Are Not Frightening
Summary I expect Ready Capital's distributable earnings in 2Q and 3Q 2023 to be lower than the current quarterly dividend of $0.40 per share. Thus, one might argue that there could be a dividend cut in 2H 2023. However, the company can maintain the current quarterly dividend even with distributable earnings of $0.30 per share. Ready Capital's recent merger with Broadmark Realty Capital has provided the company with higher unrestricted cash, better debt-to-equity ratios, and expanded operations. The merger is expected to increase Ready Capital's distributable earnings. In case of a dividend cut, in my worst-case scenario, RC's dividend yield may remain higher than 10% at its current prices. Read the full article on Seeking AlphaRendement pour les actionnaires
| RC | US Mortgage REITs | US Marché | |
|---|---|---|---|
| 7D | 2.4% | -0.3% | -2.5% |
| 1Y | -61.1% | -2.3% | 22.7% |
Rendement vs Industrie: RC a sous-performé le secteur US Mortgage REITs qui a rapporté -2.3 % au cours de l'année écoulée.
Rendement vs marché: RC a sous-performé le marché US qui a rapporté 22.7 % au cours de l'année écoulée.
Volatilité des prix
| RC volatility | |
|---|---|
| RC Average Weekly Movement | 9.1% |
| Mortgage REITs Industry Average Movement | 3.8% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Cours de l'action stable: RC n'a pas connu de volatilité de prix significative au cours des 3 derniers mois par rapport au marché US.
Volatilité au fil du temps: La volatilité hebdomadaire de RC ( 9% ) est restée stable au cours de l'année écoulée.
À propos de l'entreprise
| Fondée | Salariés | PDG | Site web |
|---|---|---|---|
| 2007 | 442 | Tom Capasse | www.readycapital.com |
Ready Capital Corporation est une société de financement immobilier aux États-Unis. La société opère à travers deux segments : LMM Commercial Real Estate et Small Business Lending. Le segment LMM Commercial Real Estate octroie des prêts LLM tout au long du cycle de vie d'une propriété LLM, y compris les canaux de construction, de pont, de stabilisation et d'octroi de prêts d'agence.
Ready Capital Corporation Résumé des fondamentaux
| RC statistiques fondamentales | |
|---|---|
| Capitalisation boursière | US$283.07m |
| Bénéfices(TTM) | -US$513.88m |
| Recettes(TTM) | n/a |
-1.2x
Ratio P/S-0.5x
Ratio P/ELe site RC est-il surévalué ?
Voir Juste valeur et analyse de l'évaluationBénéfices et recettes
| RC compte de résultat (TTM) | |
|---|---|
| Recettes | -US$238.20m |
| Coût des recettes | US$41.09m |
| Marge brute | -US$279.29m |
| Autres dépenses | US$234.60m |
| Les revenus | -US$513.88m |
Derniers bénéfices déclarés
Mar 31, 2026
Prochaine date de publication des résultats
s/o
| Résultat par action (EPS) | -3.11 |
| Marge brute | 117.25% |
| Marge bénéficiaire nette | 215.74% |
| Ratio dettes/capitaux propres | 323.8% |
Quelles ont été les performances à long terme de RC?
Voir les performances historiques et les comparaisonsDividendes
2.3%
Rendement actuel des dividendes-9%
Ratio de distributionAnalyse de l'entreprise et données financières
| Données | Dernière mise à jour (heure UTC) |
|---|---|
| Analyse de l'entreprise | 2026/06/08 09:37 |
| Cours de l'action en fin de journée | 2026/06/05 00:00 |
| Les revenus | 2026/03/31 |
| Revenus annuels | 2025/12/31 |
Sources de données
Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.
| Paquet | Données | Cadre temporel | Exemple de source américaine * |
|---|---|---|---|
| Finances de l'entreprise | 10 ans |
| |
| Estimations consensuelles des analystes | +3 ans |
|
|
| Prix du marché | 30 ans |
| |
| Propriété | 10 ans |
| |
| Gestion | 10 ans |
| |
| Principaux développements | 10 ans |
|
* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.
Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.
Modèle d'analyse et flocon de neige
Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.
Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.
Indicateurs de l'industrie et du secteur
Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.
Sources des analystes
Ready Capital Corporation est couverte par 7 analystes. 3 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.
| Analyste | Institution |
|---|---|
| William Catherwood | BTIG |
| Steven Delaney | Citizens JMP Securities, LLC |
| Jade Rahmani | Keefe, Bruyette, & Woods |