Ready Capital (RC) Panoramica del titolo
Ready Capital Corporation opera come società di finanziamento immobiliare negli Stati Uniti. Maggiori dettagli
| Punteggio fiocco di neve | |
|---|---|
| Valutazione | 2/6 |
| Crescita futura | 2/6 |
| Prestazioni passate | 0/6 |
| Salute finanziaria | 3/6 |
| Dividendi | 2/6 |
RC Community Fair Values
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Analyst Price Targets
Concorrenti di Ready Capital Corporation
Storia dei prezzi e prestazioni
| Prezzi storici delle azioni | |
|---|---|
| Prezzo attuale dell'azione | US$1.82 |
| Massimo di 52 settimane | US$4.75 |
| Minimo di 52 settimane | US$1.50 |
| Beta | 1.53 |
| Variazione di 1 mese | -9.00% |
| Variazione a 3 mesi | 4.00% |
| Variazione di 1 anno | -56.04% |
| Variazione a 3 anni | -83.01% |
| Variazione a 5 anni | -87.75% |
| Variazione dall'IPO | -85.69% |
Notizie e aggiornamenti recenti
Nuova narrazione • 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?Seeking Alpha • May 04
Ready Capital: Beware Of Block 216, 55 E Jackson, And Loan Modifications
Summary Ready Capital reported a negative distributable cash flow for the third consecutive quarter and a 14.6% drop in book value in 4Q25. To provide needed liquidity, RC has primarily been selling performing loans, raising concerns about future operating cash flow and asset quality. The Block 216 project poses a significant write-down risk, as the condo sales to date on a per sq ft basis are much lower than needed to support book value. RC's SBA Business is showing strain, with 60+ day delinquent loans rising from 3.4% to 4.7% quarter-over-quarter. RC will need to foreclose on or sell its $62 million mortgage on 55 E Jackson, a Class B office building in Chicago, likely triggering a write-down, in my opinion. Read the full article on Seeking AlphaRecent updates
Nuova narrazione • 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?Seeking Alpha • May 04
Ready Capital: Beware Of Block 216, 55 E Jackson, And Loan Modifications
Summary Ready Capital reported a negative distributable cash flow for the third consecutive quarter and a 14.6% drop in book value in 4Q25. To provide needed liquidity, RC has primarily been selling performing loans, raising concerns about future operating cash flow and asset quality. The Block 216 project poses a significant write-down risk, as the condo sales to date on a per sq ft basis are much lower than needed to support book value. RC's SBA Business is showing strain, with 60+ day delinquent loans rising from 3.4% to 4.7% quarter-over-quarter. RC will need to foreclose on or sell its $62 million mortgage on 55 E Jackson, a Class B office building in Chicago, likely triggering a write-down, in my opinion. Read the full article on Seeking Alpha
Nuova narrazione • 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 AlphaRendimenti per gli azionisti
| RC | US Mortgage REITs | US Mercato | |
|---|---|---|---|
| 7D | 7.1% | -1.9% | -0.3% |
| 1Y | -56.0% | 1.9% | 26.7% |
Ritorno vs Industria: RC ha avuto una performance inferiore rispetto al US Mortgage REITs che ha registrato un rendimento 1.9 % nell'ultimo anno.
Rendimento vs Mercato: RC ha avuto una performance inferiore al mercato US che ha registrato un rendimento 26.7 % nell'ultimo anno.
Volatilità dei prezzi
| RC volatility | |
|---|---|
| RC Average Weekly Movement | 10.0% |
| Mortgage REITs Industry Average Movement | 3.8% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Prezzo delle azioni stabile: RC non ha avuto una volatilità dei prezzi significativa negli ultimi 3 mesi rispetto al mercato US.
Volatilità nel tempo: La volatilità settimanale ( 10% ) di RC è rimasta stabile nell'ultimo anno.
Informazioni sull'azienda
| Fondato | I dipendenti | AMMINISTRATORE DELEGATO | Sito web |
|---|---|---|---|
| 2007 | 442 | Tom Capasse | www.readycapital.com |
Ready Capital Corporation opera come società di finanziamento immobiliare negli Stati Uniti. La società opera attraverso due segmenti: LMM Commercial Real Estate e Small Business Lending. Il segmento LMM Commercial Real Estate origina prestiti LLM lungo l'intero ciclo di vita di un immobile LLM, compresi i canali di costruzione, ponte, stabilizzato e agenzia.
Ready Capital Corporation Riepilogo dei fondamenti
| RC statistiche fondamentali | |
|---|---|
| Capitalizzazione di mercato | US$281.42m |
| Utili (TTM) | -US$513.88m |
| Ricavi(TTM) | n/a |
-1.3x
Rapporto P/S-0.6x
Rapporto P/ERC è sopravvalutato?
Vedi Fair Value e analisi di valutazioneUtili e ricavi
| RC Conto economico (TTM) | |
|---|---|
| Ricavi | -US$238.20m |
| Costo del fatturato | US$41.09m |
| Profitto lordo | -US$279.29m |
| Altre spese | US$234.60m |
| Utili | -US$513.88m |
Ultimi utili riportati
Mar 31, 2026
Prossima data di guadagno
n/a
| Utile per azione (EPS) | -3.11 |
| Margine lordo | 117.25% |
| Margine di profitto netto | 215.74% |
| Rapporto debito/patrimonio netto | 323.8% |
Come si è comportato RC nel lungo periodo?
Vedi performance storica e confrontoDividendi
2.2%
Rendimento attuale del dividendo-9%
Rapporto di remunerazioneAnalisi aziendale e situazione dei dati finanziari
| Dati | Ultimo aggiornamento (ora UTC) |
|---|---|
| Analisi dell'azienda | 2026/05/20 19:14 |
| Prezzo dell'azione a fine giornata | 2026/05/20 00:00 |
| Utili | 2026/03/31 |
| Utili annuali | 2025/12/31 |
Fonti dei dati
I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.
| Pacchetto | Dati | Tempistica | Esempio Fonte USA * |
|---|---|---|---|
| Dati finanziari della società | 10 anni |
| |
| Stime di consenso degli analisti | +3 anni |
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| Prezzi di mercato | 30 anni |
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| Proprietà | 10 anni |
| |
| Gestione | 10 anni |
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| Sviluppi principali | 10 anni |
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* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.
Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.
Modello di analisi e Snowflake
I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.
Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.
Metriche di settore e industriali
Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.
Fonti analitiche
Ready Capital Corporation è coperta da 7 analisti. 3 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.
| Analista | Istituzione |
|---|---|
| William Catherwood | BTIG |
| Steven Delaney | Citizens JMP Securities, LLC |
| Jade Rahmani | Keefe, Bruyette, & Woods |