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Ready Capital NYSE:RC.PRE Stock Report

Last Price

US$18.41

Market Cap

US$1.6b

7D

-4.8%

1Y

0.6%

Updated

28 Mar, 2024

Data

Company Financials +

Ready Capital Corporation

NYSE:RC.PRE Stock Report

Market Cap: US$1.6b

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$18.41
52 Week HighUS$19.55
52 Week LowUS$17.17
Beta1.45
1 Month Change-4.55%
3 Month Change-3.21%
1 Year Change0.60%
3 Year Changen/a
5 Year Changen/a
Change since IPO-27.38%

Recent News & Updates

Recent updates

Shareholder Returns

RC.PREUS Mortgage REITsUS Market
7D-4.8%-0.5%0.2%
1Y0.6%7.2%28.1%

Return vs Industry: RC.PRE underperformed the US Mortgage REITs industry which returned 4.7% over the past year.

Return vs Market: RC.PRE underperformed the US Market which returned 28.8% over the past year.

Price Volatility

Is RC.PRE's price volatile compared to industry and market?
RC.PRE volatility
RC.PRE Average Weekly Movement1.6%
Mortgage REITs Industry Average Movement4.1%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: RC.PRE has not had significant price volatility in the past 3 months.

Volatility Over Time: RC.PRE's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007374Tom Capassehttps://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

How do Ready Capital's earnings and revenue compare to its market cap?
RC.PRE fundamental statistics
Market capUS$1.55b
Earnings (TTM)US$333.00m
Revenue (TTM)US$429.31m

4.7x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RC.PRE income statement (TTM)
RevenueUS$429.31m
Cost of RevenueUS$40.81m
Gross ProfitUS$388.50m
Other ExpensesUS$55.50m
EarningsUS$333.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.93
Gross Margin90.49%
Net Profit Margin77.57%
Debt/Equity Ratio348.7%

How did RC.PRE perform over the long term?

See historical performance and comparison

Dividends

16.0%

Current Dividend Yield

64%

Payout Ratio
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