RC.PRE Stock Overview
Operates as a real estate finance company in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Ready Capital Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$18.55 |
| 52 Week High | US$19.73 |
| 52 Week Low | US$17.85 |
| Beta | 1.49 |
| 1 Month Change | -2.21% |
| 3 Month Change | -5.07% |
| 1 Year Change | -3.89% |
| 3 Year Change | -26.39% |
| 5 Year Change | n/a |
| Change since IPO | -26.82% |
Recent News & Updates
Recent updates
Shareholder Returns
| RC.PRE | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | -1.3% | -3.7% | -2.4% |
| 1Y | -3.9% | -12.4% | 23.4% |
Return vs Industry: RC.PRE exceeded the US Mortgage REITs industry which returned -12.4% over the past year.
Return vs Market: RC.PRE underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| RC.PRE volatility | |
|---|---|
| RC.PRE Average Weekly Movement | 1.4% |
| Mortgage REITs Industry Average Movement | 3.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: RC.PRE has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: RC.PRE's weekly volatility (1%) 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.PRE fundamental statistics | |
|---|---|
| Market cap | US$1.23b |
| Earnings (TTM) | -US$103.97m |
| Revenue (TTM) | US$140.36m |
8.7x
P/S Ratio-11.8x
P/E RatioIs RC.PRE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RC.PRE income statement (TTM) | |
|---|---|
| Revenue | US$140.36m |
| Cost of Revenue | US$43.13m |
| Gross Profit | US$97.23m |
| Other Expenses | US$201.20m |
| Earnings | -US$103.97m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.62 |
| Gross Margin | 69.27% |
| Net Profit Margin | -74.07% |
| Debt/Equity Ratio | 352.1% |
How did RC.PRE perform over the long term?
See historical performance and comparisonDividends
13.8%
Current Dividend Yield-188%
Payout RatioDoes RC.PRE pay a reliable dividends?
See RC.PRE dividend history and benchmarks| Ready Capital dividend dates | |
|---|---|
| Ex Dividend Date | Dec 31 2024 |
| Dividend Pay Date | Jan 31 2025 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 39 days |
Does RC.PRE pay a reliable dividends?
See RC.PRE dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 18:28 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ready Capital Corporation is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Howlett | B. Riley Securities, Inc. |
| Sarah Barcomb | BTIG |
| William Catherwood | BTIG |