Ready Capital Corporation (RC)
| Market Cap | 1.73B |
| Revenue (ttm) | 539.71M |
| Net Income (ttm) | 174.50M |
| Shares Out | 116.11M |
| EPS (ttm) | 2.06 |
| PE Ratio | 7.26 |
| Forward PE | 10.15 |
| Dividend | $1.68 (11.26%) |
| Ex-Dividend Date | Mar 30, 2022 |
| Volume | 742,867 |
| Open | 14.81 |
| Previous Close | 14.62 |
| Day's Range | 14.72 - 14.98 |
| 52-Week Range | 13.24 - 16.78 |
| Beta | 1.13 |
| Analysts | Buy |
| Price Target | 17.63 (+18.1%) |
| Earnings Date | May 5, 2022 |
About RC
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. The SBC Lending and Acquisitions segmen...
Financial Performance
In 2021, Ready Capital's revenue was $501.64 million, an increase of 30.91% compared to the previous year's $383.19 million. Earnings were $150.24 million, an increase of 234.84%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for RC stock is "Buy." The 12-month stock price forecast is 17.63, which is an increase of 18.12% from the latest price.
News
The 5 Best Real Estate Stocks to Buy Now
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Ready Capital Small Business Lending Scales Up with LenderAI
NEW YORK , May 9, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced another Company record for small loan closings (loans from $10,000 to $350,...
READY CAPITAL CORPORATION REPORTS FIRST QUARTER 2022 RESULTS
- GAAP EARNINGS PER COMMON SHARE OF $0.70 - - DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.52 - - DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS' EQUITY OF 13.6% - NEW YORK, May 5, 2022 /PRNewswire/ -- R...
What's in Store for Ready Capital (RC) This Earnings Season?
While recurring revenues and inorganic moves are expected to have aided, a normalization in residential originations in Q1 is likely to have marred Ready Capital's (RC) performance.
Ready Capital Corporation Announces First Quarter 2022 Results and Webcast Call
NEW YORK , April 27, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) (the "Company") today announced that the Company will release its first quarter 2022 financial results after the New York S...
Ready Capital Closes in Excess of $1.9 Billion in Bridge Financing During First Quarter of 2022
NEW YORK , April 26, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced more than $1.9 billion in closed origination for its National Bridge Len...
Ready Capital Corporation Announces Closing of Public Sale of Senior Notes Due 2025
NEW YORK, April 18, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced that it closed an underwritten public offering of $120.00 million aggrega...
Ready Capital Corporation Announces Pricing Terms for $120 Million Senior Notes Offering
NEW YORK , April 8, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced that it has priced an underwritten public offering of $120 million aggreg...
New Strong Buy Stocks for April 4th
RC, CHK, IMXI, EPR, and AGCO have been added to the Zacks Rank #1 (Strong Buy) List on April 4th, 2022.
Best Income Stocks to Buy for April 4th
RC, EPR, and SUN made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 4, 2022
8 Top Stocks Trending on Reddit WallStreetBets Today
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Ready Capital (RC) Gains But Lags Market: What You Should Know
In the latest trading session, Ready Capital (RC) closed at $15.47, marking a +0.19% move from the previous day.
Ready Capital Corporation Announces Completion of Mergers
NEW YORK, March 16, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE:RC) ("Ready Capital" or the "Company") today announced that it has completed the previously announced mergers ("Mergers") pursuan...
3 Stalwart mREIT Stocks That Can Battle Interest Rate Headwinds
With the new interest rate paradigm and rising mortgage rates, the Zacks REIT and Equity Trust industry is likely to see a fall in spreads and origination levels. Amid this, STWD, ABR and RC are poised ...
READY CAPITAL CORPORATION DECLARES FIRST QUARTER 2022 DIVIDENDS
NEW YORK , March 15, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE:RC) (the "Company") announced that its Board of Directors declared a quarterly cash dividend of $0.42 per share of common stock ...
Ready Capital Corporation Stockholders Approve Issuance of Common Stock in Mergers with Funds Managed by MREC Managem...
NEW YORK, March 15, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE:RC) ("Ready Capital" or the "Company") today announced that at the special meeting of stockholders held today, conducted by means...
Ready Capital Corporation Announces Closing of RCMF 2022-FL8, a Securitization of $1.135 Billion in Bridge Loans
NEW YORK, March 10, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced the closing of a $1.135 billion commercial mortgage collateralized loan o...
Ready Capital Expands Business Lending to Originate 7(a) Small Loans as low as $10,000
NEW YORK, March 9, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital") today announced that it has expanded its SBA 7(a) lending program to support the most underserved businesse...
Best Income Stocks to Buy for March 2nd
RC, SBSW, and SOI made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 2, 2022
READY CAPITAL CORPORATION REPORTS FOURTH QUARTER 2021 RESULTS
NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and ser...
What's in the Cards for Ready Capital (RC) in Q4 Earnings?
While strong demand in small-balance commercial portfolios is expected to have aided, a normalization in residential originations in Q4 is likely to have marred Ready Capital's (RC) performance.
SHAREHOLDER ALERT: WeissLaw LLP Investigates Ready Capital Corporation
NEW YORK, Feb. 17, 2022 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Ready Capital Corporation ("Ready Capit...
Ready Capital Originates Over $800 million in Small Balance Multifamily Loans in 2021
NEW YORK, Feb. 17, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital") today announced that it was recently named a top-five contributor to the Optigo Small Balance Loan program ...
READY CAPITAL CORPORATION ANNOUNCES FOURTH QUARTER 2021 RESULTS AND WEBCAST CALL
NEW YORK, Feb. 17, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) (the "Company") today announced that the Company will release its fourth quarter 2021 financial results after the New York St...
Ready Capital (RC) Gains As Market Dips: What You Should Know
Ready Capital (RC) closed at $14.20 in the latest trading session, marking a +0.07% move from the prior day.