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Ready Capital Corporation (RC)

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7.68 -0.16 (-1.98%)
As of 10:51 AM EDT. Market Open.
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DELL
  • Previous Close 7.84
  • Open 7.82
  • Bid 7.68 x 2200
  • Ask 7.69 x 4000
  • Day's Range 7.66 - 7.82
  • 52 Week Range 7.66 - 11.67
  • Volume 247,909
  • Avg. Volume 1,616,530
  • Market Cap (intraday) 1.302B
  • Beta (5Y Monthly) 1.48
  • PE Ratio (TTM) --
  • EPS (TTM) -0.64
  • Earnings Date Nov 5, 2024 - Nov 11, 2024
  • Forward Dividend & Yield 1.26 (16.07%)
  • Ex-Dividend Date Jun 28, 2024
  • 1y Target Est 9.54

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. The LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and acquires purchased future receivables. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.

www.readycapital.com

350

Full Time Employees

December 31

Fiscal Year Ends

Recent News: RC

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Performance Overview: RC

Trailing total returns as of 9/11/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

RC
19.57%
S&P 500
13.40%

1-Year Return

RC
18.17%
S&P 500
21.35%

3-Year Return

RC
23.17%
S&P 500
21.32%

5-Year Return

RC
3.17%
S&P 500
81.55%

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Statistics: RC

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Valuation Measures

Annual
As of 9/10/2024
  • Market Cap

    1.32B

  • Enterprise Value

    --

  • Trailing P/E

    5.99

  • Forward P/E

    6.62

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    11.07

  • Price/Book (mrq)

    0.60

  • Enterprise Value/Revenue

    66.97

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -24.27%

  • Return on Assets (ttm)

    -0.32%

  • Return on Equity (ttm)

    -1.52%

  • Revenue (ttm)

    226.11M

  • Net Income Avi to Common (ttm)

    -52.55M

  • Diluted EPS (ttm)

    -0.64

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    240.67M

  • Total Debt/Equity (mrq)

    366.54%

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: RC

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