Ready Capital Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Ready Capital stock have an average target of 32.54, with a low estimate of 7.50 and a high estimate of 151. The average target predicts an increase of 348.21% from the current stock price of 7.26.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$7.50	$32.54	$9.00	$151
Change	+3.31%	+348.21%	+23.97%	+1979.9%

Analyst Ratings

The average analyst rating for Ready Capital stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	3	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	4	5	5	6	6	6
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	8	8	8	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Douglas Harter UBS	UBS	Hold Maintains $8.5 → $7.5	Hold	Maintains	$8.5 → $7.5	+3.31%	Nov 15, 2024
Crispin Love Piper Sandler	Piper Sandler	Hold Maintains $9.5 → $8	Hold	Maintains	$9.5 → $8	+10.19%	Sep 16, 2024
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Sell Maintains $8 → $7.75	Sell	Maintains	$8 → $7.75	+6.75%	Aug 12, 2024
Jay McCanless Wedbush	Wedbush	Hold Reiterates $9	Hold	Reiterates	$9	+23.97%	Aug 12, 2024
Timothy Hayes BTIG	BTIG	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Jul 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

218.28M

Revenue Next Year

241.21M

from 218.28M

10.50%

from 218.28M

EPS This Year

0.92

from 2.23

-58.66%

from 2.23

EPS Next Year

1.06

from 0.92

14.66%

from 0.92

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	218.28M	241.21M	240.83M
Revenue Growth	8.01%	77.04%	-16.59%	21.60%	4.50%	-	10.50%	-0.16%
EPS	1.72	0.81	2.17	1.66	2.23	0.92	1.06	1.00
EPS Growth	-6.52%	-52.96%	167.58%	-23.55%	34.48%	-58.66%	14.66%	-5.46%
Forward PE	-	-	-	-	-	7.89	6.88	7.28
No. Analysts	-	-	-	-	-	12	11	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	246.1M	309.4M	272.6M
Avg	218.3M	241.2M	240.8M
Low	179.5M	180.9M	203.8M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	41.7%	13.0%
Avg	-	10.5%	-0.2%
Low	-	-17.1%	-15.5%

EPS Forecast

EPS	2024	2025	2026
High	1.21	1.37	1.31
Avg	0.92	1.06	1.00
Low	0.49	0.33	0.48

EPS Growth

EPS Growth	2024	2025	2026
High	-45.8%	48.3%	23.9%
Avg	-58.7%	14.7%	-5.5%
Low	-78.0%	-63.8%	-54.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.