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RC

Ready Capital NYSE:RC Stock Report

Last Price

US$13.18

Market Cap

US$1.5b

7D

0.8%

1Y

-15.6%

Updated

25 Nov, 2022

Data

Company Financials +

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$13.18
52 Week HighUS$16.56
52 Week LowUS$9.69
Beta1.3
1 Month Change12.17%
3 Month Change-4.49%
1 Year Change-15.57%
3 Year Change-16.42%
5 Year Change-18.14%
Change since IPO3.62%

Recent News & Updates

Ready Capital upsizes share buyback by $25M

Sep 29

Ready Capital: Steady Double-Digit Yields With Minimal Risk

Sep 22

Recent updates

What You Need To Know About Ready Capital Corporation's (NYSE:RC) Investor Composition

Feb 19
What You Need To Know About Ready Capital Corporation's (NYSE:RC) Investor Composition

Have Insiders Been Buying Ready Capital Corporation (NYSE:RC) Shares?

Jan 15
Have Insiders Been Buying Ready Capital Corporation (NYSE:RC) Shares?

Share Price Aside, Ready Capital (NYSE:RC) Has Delivered Shareholders A 3.9% Return.

Dec 11
Share Price Aside, Ready Capital (NYSE:RC) Has Delivered Shareholders A 3.9% Return.

Shareholder Returns

RCUS Mortgage REITsUS Market
7D0.8%4.1%1.3%
1Y-15.6%-29.4%-18.5%

Return vs Industry: RC exceeded the US Mortgage REITs industry which returned -31.6% over the past year.

Return vs Market: RC exceeded the US Market which returned -20.2% over the past year.

Price Volatility

Is RC's price volatile compared to industry and market?
RC volatility
RC Average Weekly Movement6.6%
Mortgage REITs Industry Average Movement7.3%
Market Average Movement7.4%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.3%

Stable Share Price: RC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: RC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007630Tom Capassehttps://www.readycapital.com

Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage-backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking.

Ready Capital Corporation Fundamentals Summary

How do Ready Capital's earnings and revenue compare to its market cap?
RC fundamental statistics
Market CapUS$1.48b
Earnings (TTM)US$218.92m
Revenue (TTM)US$566.37m

6.7x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RC income statement (TTM)
RevenueUS$566.37m
Cost of RevenueUS$58.17m
Gross ProfitUS$508.19m
Other ExpensesUS$289.28m
EarningsUS$218.92m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.98
Gross Margin89.73%
Net Profit Margin38.65%
Debt/Equity Ratio486.6%

How did RC perform over the long term?

See historical performance and comparison

Dividends

12.7%

Current Dividend Yield

75%

Payout Ratio