Ready Capital Corporation

NYSE:RC 주식 리포트

시가총액: US$301.3m

Ready Capital 향후 성장

Future 기준 점검 2/6

Ready Capital은 연간 수입과 매출이 각각 64.3%와 91.1% 증가할 것으로 예상되고 EPS는 연간 60.7%만큼 증가할 것으로 예상됩니다.

핵심 정보

64.3%

이익 성장률

60.71%

EPS 성장률

Mortgage REITs 이익 성장26.0%
매출 성장률91.1%
향후 자기자본이익률n/a
애널리스트 커버리지

Low

마지막 업데이트17 May 2026

최근 향후 성장 업데이트

Recent updates

새로운 내러티브 • 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
새로운 내러티브 • 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha

이익 및 매출 성장 예측

NYSE:RC - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
12/31/2027300-128N/AN/A3
12/31/2026401-400N/AN/A3
3/31/2026-238-514914914N/A
12/31/2025-58-232432432N/A
9/30/2025-102-299472472N/A
6/30/2025-102-290259259N/A
3/31/2025-107-273360360N/A
12/31/2024-185-426275275N/A
9/30/2024138-104216216N/A
6/30/2024232-533838N/A
3/31/20243042217575N/A
12/31/20234273335151N/A
9/30/2023281277298298N/A
6/30/2023309298317317N/A
3/31/2023352114343343N/A
12/31/2022404141359359N/A
9/30/2022572226188188N/A
6/30/20225672092424N/A
3/31/20225581823131N/A
12/31/2021338106-34-34N/A
9/30/2021500124-11-11N/A
6/30/20214891154242N/A
3/31/2021508122119119N/A
12/31/2020405436969N/A
9/30/2020370371212N/A
6/30/2020297155454N/A
3/31/2020203-8-154-153N/A
12/31/201922972N/A-52N/A
9/30/201918861N/A-60N/A
6/30/201918666N/A24N/A
3/31/201919471N/A93N/A
12/31/201821259N/A140N/A
9/30/201828062N/A239N/A
6/30/201825657N/A184N/A
3/31/201823352N/A385N/A
12/31/201720843N/A352N/A
9/30/201714057N/A253N/A
6/30/201713054N/A229N/A
3/31/201711751N/A34N/A
12/31/201612851N/A15N/A
9/30/20169635N/A43N/A
6/30/20169638N/A45N/A
3/31/20169440N/A21N/A
12/31/201510141N/A29N/A
9/30/20158147N/A-276N/A
6/30/20159047N/A-151N/A

애널리스트 향후 성장 전망

수입 대 저축률: RC 향후 3년 동안 수익성이 없을 것으로 예상됩니다.

수익 vs 시장: RC 향후 3년 동안 수익성이 없을 것으로 예상됩니다.

고성장 수익: RC 향후 3년 동안 수익성이 없을 것으로 예상됩니다.

수익 대 시장: RC 의 수익(연간 91.1%)이 US 시장(연간 11.7%)보다 빠르게 성장할 것으로 예상됩니다.

고성장 매출: RC 의 수익(연간 91.1%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: RC의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/21 13:16
종가2026/05/21 00:00
수익2026/03/31
연간 수익2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.

Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.

산업 및 섹터 지표

산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.

분석가 소스

Ready Capital Corporation는 7명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
William CatherwoodBTIG
Steven DelaneyCitizens JMP Securities, LLC
Jade RahmaniKeefe, Bruyette, & Woods