Ready Capital Corporation (RC)
NYSE: RC · Real-Time Price · USD
6.72
-0.17 (-2.47%)
At close: Feb 21, 2025, 4:00 PM
6.60
-0.12 (-1.74%)
After-hours: Feb 21, 2025, 6:32 PM EST

Ready Capital Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Ready Capital stock have an average target of 28.75, with a low estimate of 6.25 and a high estimate of 151. The average target predicts an increase of 327.83% from the current stock price of 6.72.

Analyst Consensus: Hold
Target Low Average Median High
Price $6.25 $28.75 $9.00 $151
Change -6.99% +327.83% +33.93% +2147.0%
* Price targets were last updated on Jan 14, 2025.

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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 222211
Buy 000111
Hold 666666
Sell 111111
Strong Sell 000000
Total 9991099

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Sell
Maintains
$6.75$6.25
Sell Maintains $6.75$6.25 -6.99% Jan 14, 2025
B. Riley Securities
B. Riley Securities
Hold
Downgrades
$12$10
Hold Downgrades $12$10 +48.81% Jan 7, 2025
JMP Securities
JMP Securities
Buy
Maintains
$11$9.5
Buy Maintains $11$9.5 +41.37% Dec 12, 2024
UBS
UBS
Hold
Maintains
$8.5$7.5
Hold Maintains $8.5$7.5 +11.61% Nov 15, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$9.5$8
Hold Maintains $9.5$8 +19.05% Sep 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
212.79M
Revenue Next Year
250.71M
from 212.79M
Increased by 17.82%
EPS This Year
0.41
from 2.23
Decreased by -81.75%
EPS Next Year
0.93
from 0.41
Increased by 128.26%
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
-----212.79M250.71M260.01M
Revenue Growth
8.01%77.04%-16.59%21.60%4.50%-17.82%3.71%
EPS
1.720.812.171.662.230.410.930.98
EPS Growth
-6.52%-52.96%167.58%-23.55%34.48%-81.75%128.26%6.00%
Forward PE
-----16.557.256.84
No. Analysts -----12118
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 227.3M 311.9M 324.6M
Avg 212.8M 250.7M 260.0M
Low 195.9M 188.3M 191.2M

Revenue Growth

Revenue Growth 202420252026
High -
46.6%
29.5%
Avg -
17.8%
3.7%
Low -
-11.5%
-23.7%

EPS Forecast

EPS 202420252026
High 1.20 1.16 1.28
Avg 0.41 0.93 0.98
Low 0.15 0.28 0.39

EPS Growth

EPS Growth 202420252026
High
-46.2%
184.4%
38.2%
Avg
-81.8%
128.3%
6.0%
Low
-93.4%
-30.0%
-57.7%
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.