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Ready Capital NYSE:RC.PRC Stock Report

Last Price

US$18.25

Market Cap

US$1.2b

7D

-1.4%

1Y

0.8%

Updated

20 Nov, 2024

Data

Company Financials +

Ready Capital Corporation

NYSE:RC.PRC Stock Report

Market Cap: US$1.2b

RC.PRC Stock Overview

Operates as a real estate finance company in the United States. More details

RC.PRC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends3/6

Ready Capital Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ready Capital
Historical stock prices
Current Share PriceUS$18.25
52 Week HighUS$20.00
52 Week LowUS$17.50
Beta1.48
11 Month Change-3.80%
3 Month Change-2.61%
1 Year Change0.77%
33 Year Change-26.91%
5 Year Changen/a
Change since IPO-27.38%

Recent News & Updates

Recent updates

Shareholder Returns

RC.PRCUS Mortgage REITsUS Market
7D-1.4%-0.4%-1.0%
1Y0.8%-0.4%30.3%

Return vs Industry: RC.PRC matched the US Mortgage REITs industry which returned 0.8% over the past year.

Return vs Market: RC.PRC underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is RC.PRC's price volatile compared to industry and market?
RC.PRC volatility
RC.PRC Average Weekly Movement3.1%
Mortgage REITs Industry Average Movement3.4%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: RC.PRC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: RC.PRC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007374Tom Capassewww.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

How do Ready Capital's earnings and revenue compare to its market cap?
RC.PRC fundamental statistics
Market capUS$1.23b
Earnings (TTM)-US$103.97m
Revenue (TTM)US$140.36m

8.6x

P/S Ratio

-11.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RC.PRC income statement (TTM)
RevenueUS$140.36m
Cost of RevenueUS$43.13m
Gross ProfitUS$97.23m
Other ExpensesUS$201.20m
Earnings-US$103.97m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.62
Gross Margin69.27%
Net Profit Margin-74.07%
Debt/Equity Ratio352.1%

How did RC.PRC perform over the long term?

See historical performance and comparison

Dividends

13.9%

Current Dividend Yield

-188%

Payout Ratio