RC.PRC Stock Overview
Operates as a real estate finance company in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
Ready Capital Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$17.86 |
| 52 Week High | US$20.77 |
| 52 Week Low | US$17.50 |
| Beta | 1.47 |
| 11 Month Change | -0.89% |
| 3 Month Change | -4.91% |
| 1 Year Change | -5.40% |
| 33 Year Change | -29.44% |
| 5 Year Change | n/a |
| Change since IPO | -28.93% |
Recent News & Updates
Recent updates
Shareholder Returns
| RC.PRC | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | -1.9% | -2.0% | 0.7% |
| 1Y | -5.4% | -7.1% | 21.5% |
Return vs Industry: RC.PRC exceeded the US Mortgage REITs industry which returned -7.4% over the past year.
Return vs Market: RC.PRC underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| RC.PRC volatility | |
|---|---|
| RC.PRC Average Weekly Movement | 2.9% |
| Mortgage REITs Industry Average Movement | 3.7% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: RC.PRC has not had significant price volatility in the past 3 months.
Volatility Over Time: RC.PRC's weekly volatility (3%) 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.PRC fundamental statistics | |
|---|---|
| Market cap | US$1.38b |
| Earnings (TTM) | US$220.66m |
| Revenue (TTM) | US$310.50m |
6.3x
P/E Ratio4.5x
P/S RatioIs RC.PRC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RC.PRC 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) | 1.30 |
| Gross Margin | 85.36% |
| Net Profit Margin | 71.07% |
| Debt/Equity Ratio | 357.9% |
How did RC.PRC perform over the long term?
See historical performance and comparison