Ready Capital Management
Management criteria checks 2/4
Ready Capital's CEO is Tom Capasse, appointed in Oct 2016, has a tenure of 8.17 years. directly owns 0.18% of the company’s shares, worth $2.20M. The average tenure of the management team and the board of directors is 5.7 years and 8.2 years respectively.
Key information
Tom Capasse
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 8.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.7yrs |
| Board average tenure | 8.2yrs |
Recent management updates
Recent updates
Ready Capital: Accounting Policy Changes Mask Negative Adjusted Operating Cash Flows And Unsupported Dividend
Dec 11Ready Capital: When Is The Final Dividend Cut?
Oct 16Ready Capital: It Isn't Ready Yet
May 20Ready Capital: Inability To Stabilize Earnings Against Headwinds Makes It A Hold
Apr 09Ready Capital: Two Dividend Cuts Later And The Broadmark Acquisition Stings
Dec 23Ready Capital: A Fat 14.5% CRE Yield After The Merger With Broadmark
Sep 03Ready Capital: Why Decreased Distributable Earnings Are Not Frightening
Jun 28Ready Capital Q4 2022 Earnings Preview
Feb 24Ready Capital: The 12.4% Yield Is Still Exciting
Feb 11Ready Capital decrease quarterly dividend by -4.8% to $0.40 /share
Dec 15Ready Capital upsizes share buyback by $25M
Sep 29Ready Capital: Steady Double-Digit Yields With Minimal Risk
Sep 22Ready Capital declares $0.42 dividend
Sep 15Ready Capital expects 'healthy deal flow' for its lending programs into 2023
Jul 12Ready Capital: 13.65% Dividend Yield With Favorable Risk-Reward Profile
Jul 05Ready Capital: Headwinds From Rising Interest Rates
Apr 04Trade Orchid Island Capital For Ready Capital To Realize Future Growth And Income
Jan 16Ready Capital: Strong And Steady Growth With An Eye For M&A
Nov 18Ready Capital prices $100M public offering
Jun 03CEO
Tom Capasse (67 yo)
8.2yrs
Tenure
Mr. Thomas Edward Capasse, also known as Tom, serves as Chief Investment Officer of Ready Capital Corporation since November 16, 2022. He is a Co-Founder, Managing Partner, Manager and Principal of Waterfa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Secretary | 5.8yrs | US$3.86m | 0.069% $ 827.6k | |
| Chief Operating Officer | 5.7yrs | US$2.58m | 0.073% $ 877.5k | |
| Chief Credit Officer | 3.4yrs | US$3.86m | 0.062% $ 745.8k | |
| Chairman | 8.2yrs | no data | 0.18% $ 2.2m | |
| President & Director | 8.2yrs | no data | 0.18% $ 2.2m | |
| Director of Finance Division | no data | no data | no data | |
| MD & National Sales Manager | 3yrs | no data | no data | |
| MD & Head of Strategic Partnerships | 3yrs | no data | no data | |
| MD & Co-Head of the National Bridge Lending Platform | no data | no data | no data |
5.7yrs
Average Tenure
65yo
Average Age
Experienced Management: RC's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 8.2yrs | no data | 0.18% $ 2.2m | |
| President & Director | 8.2yrs | no data | 0.18% $ 2.2m | |
| Independent Director | 8.2yrs | US$237.50k | 0.054% $ 648.9k | |
| Independent Director | 2yrs | US$210.00k | 0.013% $ 157.6k | |
| Independent Director | 8.2yrs | US$237.50k | 0.034% $ 403.3k | |
| Independent Director | 3.8yrs | US$227.50k | 0.023% $ 277.6k | |
| Independent Director | 5.8yrs | US$230.00k | 0.061% $ 724.7k |
8.2yrs
Average Tenure
58yo
Average Age
Experienced Board: RC's board of directors are considered experienced (8.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 10:19 |
| End of Day Share Price | 2024/12/30 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 |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 12 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 |