Ready Capital Future Growth

Future criteria checks 2/6

Ready Capital's earnings are forecast to decline at 24.1% per annum while its annual revenue is expected to grow at 38.4% per year. EPS is expected to decline by 61.8% per annum. Return on equity is forecast to be 9.1% in 3 years.

Key information

-24.1%

Earnings growth rate

-61.8%

EPS growth rate

Mortgage REITs earnings growth	46.5%
Revenue growth rate	38.4%
Future return on equity	9.1%
Analyst coverage	Low
Last updated	12 Apr 2024

Recent future growth updates

Recent updates

Ready Capital: Inability To Stabilize Earnings Against Headwinds Makes It A Hold

Apr 09

Trade Orchid Island Capital For Ready Capital To Realize Future Growth And Income

Jan 16

Ready Capital: Strong And Steady Growth With An Eye For M&A

Nov 18

Ready Capital prices $100M public offering

Jun 03

Ready Capital Corporation 2021 Q1 - Results - Earnings Call Presentation

May 07

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

Feb 19

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

Jan 15

Ready Capital increases dividend by ~17% to $0.35

Dec 14

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

Dec 11

Ready Capital beats on revenue

Nov 04

Earnings and Revenue Growth Forecasts

NYSE:RC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	1,074	202	N/A	N/A	4
12/31/2024	1,015	165	N/A	N/A	4
12/31/2023	429	333	51	51	N/A
9/30/2023	451	332	298	298	N/A
6/30/2023	458	349	317	317	N/A
3/31/2023	473	156	343	343	N/A
12/31/2022	411	141	359	359	N/A
9/30/2022	572	226	188	188	N/A
6/30/2022	567	209	24	24	N/A
3/31/2022	558	182	31	31	N/A
12/31/2021	338	106	-34	-34	N/A
9/30/2021	500	124	-11	-11	N/A
6/30/2021	489	115	42	42	N/A
3/31/2021	508	122	119	119	N/A
12/31/2020	405	43	69	69	N/A
9/30/2020	370	37	12	12	N/A
6/30/2020	297	15	54	54	N/A
3/31/2020	203	-8	-154	-153	N/A
12/31/2019	229	72	-53	-52	N/A
9/30/2019	188	61	-61	-60	N/A
6/30/2019	186	66	23	24	N/A
3/31/2019	194	71	93	93	N/A
12/31/2018	212	59	140	140	N/A
9/30/2018	280	62	239	239	N/A
6/30/2018	256	57	184	184	N/A
3/31/2018	233	52	385	385	N/A
12/31/2017	208	43	352	352	N/A
9/30/2017	140	57	N/A	253	N/A
6/30/2017	130	54	N/A	229	N/A
3/31/2017	117	51	N/A	34	N/A
12/31/2016	128	51	N/A	15	N/A
9/30/2016	96	35	N/A	43	N/A
6/30/2016	96	38	N/A	45	N/A
3/31/2016	94	40	N/A	21	N/A
12/31/2015	101	41	N/A	29	N/A
9/30/2015	81	47	N/A	-276	N/A
6/30/2015	90	47	N/A	-151	N/A
3/31/2015	89	39	N/A	-246	N/A
12/31/2014	75	32	N/A	-257	N/A
9/30/2014	72	15	N/A	15	N/A
6/30/2014	45	1	N/A	-102	N/A
3/31/2014	29	1	N/A	-2	N/A
12/31/2013	16	1	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RC's earnings are forecast to decline over the next 3 years (-24.1% per year).

Earnings vs Market: RC's earnings are forecast to decline over the next 3 years (-24.1% per year).

High Growth Earnings: RC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: RC's revenue (38.4% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: RC's revenue (38.4% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RC's Return on Equity is forecast to be low in 3 years time (9.1%).

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Ready Capital Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 55%

Consensus EPS estimates increase by 205%

Consensus EPS estimates increase by 1,530%, revenue downgraded

Consensus EPS estimates fall by 72%, revenue upgraded

Price target decreased by 8.6% to US$10.69

Consensus EPS estimates increase by 26%

Recent updates

Ready Capital: Inability To Stabilize Earnings Against Headwinds Makes It A Hold

Consensus EPS estimates increase by 55%

Consensus EPS estimates increase by 205%

Dividend of US$0.30 announced

Ready Capital Corporation Declares First Quarter 2024 Dividends, Payable on April 30, 2024

Consensus EPS estimates increase by 1,530%, revenue downgraded

Consensus EPS estimates fall by 72%, revenue upgraded

Price target decreased by 8.6% to US$10.69

Ready Capital Corporation to Report Q4, 2023 Results on Feb 27, 2024

Now 21% undervalued after recent price drop

Ready Capital: Two Dividend Cuts Later And The Broadmark Acquisition Stings

Upcoming dividend of US$0.30 per share at 13% yield

Ready Capital Corporation Declares Dividend for the Quarter Ended December 31, 2023, Payable on January 31, 2024

New major risk - Shareholder dilution

Ready Capital Corporation to Report Q3, 2023 Results on Nov 07, 2023

Upcoming dividend of US$0.36 per share at 15% yield

Ready Capital: A Fat 14.5% CRE Yield After The Merger With Broadmark

Consensus EPS estimates increase by 26%

Chairman recently sold US$285k worth of stock

Consensus EPS estimates increase by 38%, revenue downgraded

New major risk - Revenue and earnings growth

Now 20% undervalued

Ready Capital Corporation to Report Q2, 2023 Results on Aug 07, 2023

Ready Capital Corporation, Annual General Meeting, Aug 22, 2023

Ready Capital: Why Decreased Distributable Earnings Are Not Frightening

Upcoming dividend of US$0.14 per share at 15% yield

New major risk - Shareholder dilution

High number of new directors

Ready Capital Corporation Announces Board Changes

Ready Capital Corporation (NYSE:RC) announces an Equity Buyback for $100 million worth of its shares.

Upcoming dividend of US$0.26 per share at 16% yield

Consensus EPS estimates fall by 11%

Upcoming dividend of US$0.40 per share at 17% yield

Independent Director recently bought US$97k worth of stock

Ready Capital Q4 2022 Earnings Preview

Ready Capital Corporation to Report Q4, 2022 Results on Feb 27, 2023

Ready Capital: The 12.4% Yield Is Still Exciting

Now 20% undervalued

Upcoming dividend of US$0.40 per share

Ready Capital Corporation Declares Dividend on Common Stock and Operating Partnership Unit for the Quarter Ended December 31, 2022, Payable on January 31, 2023

Ready Capital decrease quarterly dividend by -4.8% to $0.40 /share

Ready Capital Corporation Announces Board Changes

Ready Capital Corporation Announces Management Changes

Price target decreased to US$14.00

Ready Capital Corporation to Report Q3, 2022 Results on Nov 07, 2022

Investor sentiment deteriorated over the past week

Ready Capital upsizes share buyback by $25M

Ready Capital: Steady Double-Digit Yields With Minimal Risk

Upcoming dividend of US$0.42 per share

Ready Capital Corporation Declares Third Quarter 2022 Dividends, Payable on October 31, 2022

Ready Capital declares $0.42 dividend

CFO & Secretary recently sold US$62k worth of stock

Ready Capital Corporation to Report Q2, 2022 Results on Aug 04, 2022

Ready Capital expects 'healthy deal flow' for its lending programs into 2023

Ready Capital: 13.65% Dividend Yield With Favorable Risk-Reward Profile

Ready Capital Corporation(NYSE:RC) dropped from Russell Microcap Value Index

Upcoming dividend of US$0.42 per share

Ready Capital Corporation Declares Second Quarter Cash Dividend for the Quarter Ended June 30, 2022, Payable on July 29, 2022

Investor sentiment deteriorated over the past week

Ready Capital Corporation, Annual General Meeting, Jun 23, 2022

Ready Capital: Headwinds From Rising Interest Rates

Upcoming dividend of US$0.42 per share

Ready Capital Corporation to Report Q4, 2021 Results on Feb 24, 2022

Trade Orchid Island Capital For Ready Capital To Realize Future Growth And Income

Upcoming dividend of US$0.42 per share

Ready Capital: Strong And Steady Growth With An Eye For M&A

Upcoming dividend of US$0.42 per share

Consensus forecasts updated

Ready Capital Corporation (NYSE:RC) acquired Red Stone Partners LLC.