Ready Capital (RC) Aktievy
Ready Capital Corporation är verksamt som ett fastighetsfinansieringsbolag i USA. Mer information
| Snöflinga Score | |
|---|---|
| Värdering | 2/6 |
| Framtida tillväxt | 2/6 |
| Tidigare resultat | 0/6 |
| Finansiell hälsa | 4/6 |
| Utdelningar | 2/6 |
RC Community Fair Values
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Analyst Price Targets
Ready Capital Corporation Konkurrenter
Prishistorik och prestanda
| Historiska aktiekurser | |
|---|---|
| Aktuell aktiekurs | US$1.60 |
| 52 veckors högsta | US$4.43 |
| 52 veckors lägsta | US$1.39 |
| Beta | 1.53 |
| 1 månads förändring | -13.51% |
| 3 månaders förändring | -3.61% |
| 1 års förändring | -63.13% |
| 3 års förändring | -85.49% |
| 5 års förändring | -89.37% |
| Förändring sedan börsintroduktionen | -87.42% |
Senaste nyheter och uppdateringar
Recent updates
Seeking Alpha • Jul 01
Ready Capital: Bonds Delivering Value While Equity Evaporates
Summary Ready Capital continues to see rapid book value erosion and worsening CRE portfolio delinquencies, with common shares underperforming significantly. RC's core CRE portfolio delinquency rate surged to 14.8%, up from 6.7% last quarter, highlighting accelerating credit deterioration. Management anticipates further $2 billion–$2.5 billion in asset sales but offers no clear guidance on pro forma book value, underscoring high uncertainty. Preferreds (RC.PR.E, RC.PR.C) and RCD offer superior risk-reward versus common shares, though a wipeout across the board remains possible. Read the full article on Seeking Alpha
Ny berättelse • Jun 01
Liquidity Reset And SBA Lending Expansion Will Transform Earnings Power Over The Long Term
Catalysts About Ready Capital Ready Capital focuses on middle market commercial real estate debt investing and SBA 7(a) small business lending. What are the underlying business or industry changes driving this perspective?
Ny berättelse • May 12
Shrinking Balance Sheet And Funding Risks Will Pressure Earnings For Years
Catalysts About Ready Capital Ready Capital focuses on middle market commercial real estate lending and SBA 7(a) small business lending. What are the underlying business or industry changes driving this perspective?
Ny berättelse • Mar 05
Balance Sheet Repositioning And SBA Lending Shift Will Support Future Earnings Stability
Catalysts About Ready Capital Ready Capital is a finance company focused on commercial real estate lending and capital light small business lending, including SBA 7(a) loans. What are the underlying business or industry changes driving this perspective?Seeking Alpha • Mar 19
Ready Capital Bulls, You Need To Consider A Safer Approach
Summary Closed position in Ready Capital Corporation baby bonds due to poor earnings and reentered; prefer higher capital structure for troubled companies, using common stock as a cushion and signal. Bullish on RC implies expecting higher BV multiple and steady 6% ROE, but financing costs and past performance make this unlikely. Leveraged RCD bonds offer close to a 17% yield, comparable to a bullish RC scenario, with lower risk and better risk-adjusted returns. Bonds provide a safer investment with a cushion from common stock and preferred stocks, allowing flexibility to react to equity weakness. Read the full article on Seeking AlphaSeeking Alpha • Feb 21
Ready Capital: Ritz-Carlton Portland Loan And Trump Administration's Potential View On SBA Loans Spell Trouble
Summary Ready Capital holds a $400+ million construction loan secured by the Ritz-Carlton Portland and an adjacent office tower. The loan has not been impaired despite 70% vacancy in the office building, anemic condo sales, and a lien from a contractor, an impairment would cost RC 35% of DE. The new SBA Administrator, Kelly Loeffler, is likely to change the way the SBA 7(a) lending program is administered. SBA 7(a) loans are a key profit center for RC, generating almost half of Distributable Earnings in 3Q24. Read the full article on Seeking AlphaSeeking Alpha • Dec 11
Ready Capital: Accounting Policy Changes Mask Negative Adjusted Operating Cash Flows And Unsupported Dividend
Summary Despite three dividend cuts in recent years, more dividend cuts are inevitable, in my opinion, due to negative operating cash flow and cash Distributable Earnings not covering the dividend. Recent accounting policy changes led to the recognition of PIK and accrued interest as interest income, which dramatically increased reported distributable earnings. November’s CLO data shows loan problems are accelerating, not abating, and many modified but not impaired loans are of dubious quality. Assuming a loss on loans that are delinquent or not paying interest in cash in line with Trepp’s historical loss rate results in a tangible book value/share of $3.39. Based on outcomes of recent acquisitions, investors should question the rationale for the proposed acquisition of United Development Funding IV, as the portfolio has 51% non-accrual loans. Read the full article on Seeking AlphaSeeking Alpha • Oct 16
Ready Capital: When Is The Final Dividend Cut?
Summary Ready Capital's dividend cut to $0.25 per share marks a significant sequential reduction, with a current yield of 14%, significantly above pre-pandemic levels. RC's net book value has declined to $12.97 per share with the commons trading at a 45% discount. The mREIT plans to bridge dividend coverage by focusing on small business loans, exiting residential mortgage banking, and increasing leverage. Cost reductions, including an 11% staffing cut, aim to improve ROE, but the risk of further dividend cuts remains, making preferred shares a safer option. Read the full article on Seeking AlphaSeeking Alpha • May 20
Ready Capital: It Isn't Ready Yet
Summary Ready Capital's share price is at its lowest since COVID, at a large discount to book value. The company is transitioning its focus to commercial real estate lending and government-backed small business loans, but the success of that still remains to be seen. The company's Q1 results showed a decrease in distributable earnings that did not fully cover the dividend, indicating potential challenges ahead. A successful 2024 therefore entails rolling weak assets into better loans and ample buybacks at discounts to book. Read the full article on Seeking AlphaSeeking Alpha • Apr 09
Ready Capital: Inability To Stabilize Earnings Against Headwinds Makes It A Hold
Summary Ready Capital's distributable EPS at $0.26 for its fiscal 2023 fourth quarter is only covering its dividend by 86.7%. The mREIT is trading at a material 40% discount to book value of $14.10 per share at the end of the fourth quarter. RC's preferred securities are trading at 25% discounts to their liquidation value and come with markedly higher yields than the bonds. Read the full article on Seeking AlphaSeeking Alpha • Dec 23
Ready Capital: Two Dividend Cuts Later And The Broadmark Acquisition Stings
Summary Ready Capital has cut its dividend for the second consecutive time to $0.30 per share. The mREIT currently offers a fat 11% dividend yield and is now trading at a 24% discount to its third-quarter book value of $14.42 per share. Distributable EPS of $0.28 means that the rightsized dividend is still not covered. Read the full article on Seeking AlphaSeeking Alpha • Sep 03
Ready Capital: A Fat 14.5% CRE Yield After The Merger With Broadmark
Summary Ready Capital is paying out a 14.5% dividend yield. The mREIT is also currently trading for 76 cents on the dollar following its merger with Broadmark Realty. There is some dividend uncertainty as its payout ratio sits at 111%. Read the full article on Seeking AlphaSeeking Alpha • Jun 28
Ready Capital: Why Decreased Distributable Earnings Are Not Frightening
Summary I expect Ready Capital's distributable earnings in 2Q and 3Q 2023 to be lower than the current quarterly dividend of $0.40 per share. Thus, one might argue that there could be a dividend cut in 2H 2023. However, the company can maintain the current quarterly dividend even with distributable earnings of $0.30 per share. Ready Capital's recent merger with Broadmark Realty Capital has provided the company with higher unrestricted cash, better debt-to-equity ratios, and expanded operations. The merger is expected to increase Ready Capital's distributable earnings. In case of a dividend cut, in my worst-case scenario, RC's dividend yield may remain higher than 10% at its current prices. Read the full article on Seeking AlphaAktieägarnas avkastning
| RC | US Mortgage REITs | US Marknad | |
|---|---|---|---|
| 7D | -6.4% | -4.8% | -1.5% |
| 1Y | -63.1% | -13.5% | 13.3% |
Avkastning vs industri: RC presterade sämre än US Mortgage REITs branschen som gav -13.5 % under det senaste året.
Avkastning vs Marknaden: RC presterade sämre än US marknaden som gav 13.3 % under det senaste året.
Prisvolatilitet
| RC volatility | |
|---|---|
| RC Average Weekly Movement | 8.4% |
| Mortgage REITs Industry Average Movement | 4.0% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.9% |
Stabil aktiekurs: RC har inte haft någon betydande prisvolatilitet under de senaste 3 månaderna jämfört med marknaden för US.
Volatilitet över tid: RC s veckovolatilitet ( 8% ) har varit stabil under det senaste året.
Om företaget
| Grundad | Anställda | VD OCH KONCERNCHEF | Webbplats |
|---|---|---|---|
| 2007 | 442 | Tom Capasse | www.readycapital.com |
Ready Capital Corporation är verksamt som ett fastighetsfinansieringsbolag i USA. Bolaget är verksamt genom två segment: LMM Commercial Real Estate och Small Business Lending. Segmentet LMM Commercial Real Estate förmedlar LLM-lån under en LLM-fastighets hela livscykel, inklusive bygg-, bro-, stabiliserade och förmedlingskanaler för lån.
Ready Capital Corporation Sammanfattning av grunderna
| RC grundläggande statistik | |
|---|---|
| Börsvärde | US$269.78m |
| Vinst(TTM) | -US$564.69m |
| Intäkter(TTM) | n/a |
-1.0x
P/S-förhållande-0.5x
P/E-förhållandeÄr RC övervärderat?
Se Verkligt värde och värderingsanalysResultat & intäkter
| RC resultaträkning (TTM) | |
|---|---|
| Intäkter | -US$270.31m |
| Kostnad för intäkter | US$33.49m |
| Bruttovinst | -US$303.80m |
| Övriga kostnader | US$260.89m |
| Intäkter | -US$564.69m |
Senast redovisade vinst
Jun 30, 2026
Nästa vinstdatum
n/a
| Vinst per aktie (EPS) | -3.42 |
| Bruttomarginal | 112.39% |
| Nettovinstmarginal | 208.90% |
| Skuld/egenkapitalförhållande | 350.6% |
Hur har RC utvecklats på lång sikt?
Se historisk utveckling och jämförelseUtdelningar
2.5%
Aktuell utdelningsavkastning-4%
UtbetalningskvotFöretagsanalys och finansiella data Status
| Uppgifter | Senast uppdaterad (UTC-tid) |
|---|---|
| Analys av företag | 2026/09/15 01:31 |
| Aktiekurs vid dagens slut | 2026/09/15 00:00 |
| Intäkter | 2026/06/30 |
| Årlig intjäning | 2025/12/31 |
Datakällor
Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.
| Paket | Uppgifter | Tidsram | Exempel US-källa |
|---|---|---|---|
| Företagets finansiella ställning | 10 år |
| |
| Analytikernas konsensusuppskattningar | +3 år |
|
|
| Marknadspriser | 30 år |
| |
| Ägarskap | 10 år |
| |
| Förvaltning | 10 år |
| |
| Viktiga utvecklingstendenser | 10 år |
|
* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.
Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.
Analysmodell och snöflinga
Detaljer om analysmodellen som används för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och handledningar på Youtube.
Lär dig mer om det som utformade och byggde analysmodellen Simply Wall St.
Industri- och sektormått
Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.
Källor för analytiker
Ready Capital Corporation bevakas av 8 analytiker. 4 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.
| Analytiker | Institution |
|---|---|
| William Catherwood | BTIG |
| Christopher Muller | Citizens JMP Securities, LLC |
| Jade Rahmani | Keefe, Bruyette, & Woods |