Summary

6.85 -0.16(-2.28%)10/31/2024
Ready Capital Corp (RC)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
-2.35-2.63-8.05-26.19-21.08-27.36-37.07-1.44


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Trading Data
Close6.85
Open7.03
High7.07
Low6.84
Volume1,563,880
Change-0.17
Change %-2.35
Avg Volume (20 Days)1,188,333
Volume/Avg Volume (20 Days) Ratio1.32
52 Week Range6.82 - 11.67
Price vs 52 Week High-41.30%
Price vs 52 Week Low0.44%
Range-2.56
Gap Up/Down-0.07
Fundamentals
Market Capitalization (Mln)1,317
EBIDTA0
PE Ratio7.8710
PEG Ratio0.0000
WallStreet Target Price17.46
Book Value15.0690
Earnings Per Share1.9540
EPS Estimate Current Quarter0.4500
EPS Estimate Next Quarter0.4400
EPS Estimate Current Year2.0500
EPS Estimate Next Year1.8400
Diluted EPS (TTM)1.9540
Revenues
Profit Marging0.2628
Operating Marging (TTM)0.3477
Return on asset (TTM)0.0184
Return on equity (TTM)0.1299
Revenue TTM500,179,008
Revenue per share TTM7.8720
Quarterly Revenue Growth (YOY)0.0810
Quarterly Earnings Growth (YOY)-0.0420
Gross Profit (TTM)261,237,000
Dividends
Dividend Share1.5900
Dividend Yield0.0998
Valuations
Trailing PE7.8710
Forward PE10.1523
Price Sales (TTM)0.0000
Price Book (MRQ)1.0864
Revenue Enterprise Value 9.1422
EBITDA Enterprise Value15.9619
Shares
Shares Outstanding73,593,800
Shares Float59,499,825
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.00
Insider (%)1.71
Institutions (%)62.13


10/31 16:19 EST - globenewswire.com
Ready Capital Corporation Announces Third Quarter 2024 Results and Webcast Call
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its third quarter 2024 financial results after the New York Stock Exchange closes on Thursday, November 7, 2024. Management will host a webcast and conference call on Friday, November 8, 2024 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended September 30, 2024.
10/17 18:13 EST - seekingalpha.com
3 Shares Yielding Over 9%
We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors.
10/17 13:39 EST - seekingalpha.com
Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks
Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising dividend stocks, using a contrarian investing strategy, primarily for new buyers seeking high-yield opportunities. Reader feedback is crucial for correcting errors and refining strategies, including suggestions for buy-and-hold stocks and option strategies for monthly dividends.
10/16 09:59 EST - seekingalpha.com
Ready Capital: When Is The Final Dividend Cut?
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.
10/04 10:25 EST - zacks.com
Is the Options Market Predicting a Spike in Ready Capital (RC) Stock?
Investors need to pay close attention to Ready Capital (RC) stock based on the movements in the options market lately.
09/25 07:01 EST - seekingalpha.com
5 Shares Yielding 8% To 11%
We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them.
09/20 12:56 EST - seekingalpha.com
The High Yield Desert
I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing buying opportunities, while common shares offer higher risks. Some offer upside, but others mostly offer downside. I'll kick off the weekend by highlighting one with a high valuation, as investors pay top dollar for earnings that are about to melt away.
09/13 17:02 EST - globenewswire.com
Ready Capital Corporation Declares Third Quarter 2024 Dividends
NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock and Operating Partnership unit for the quarter ended September 30, 2024. This dividend is payable on October 31, 2024, to shareholders of record as of the close of business on September 30, 2024.
09/08 11:32 EST - forbes.com
5 Small Caps Yielding 9%-15%: Hidden Values Or Overlooked Trash?
The index huggers are, rightfully, fretting about the only position they own, the S&P 500, which is heavy on Nvidia (NVDA). The soon-to-be-fallen angel is the third largest component of the index at 6.3%.
09/05 09:08 EST - benzinga.com
Wall Street's Most Accurate Analysts Spotlight On 3 Financials Stocks With Over 12% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
08/16 06:24 EST - seekingalpha.com
10% Or Higher Dividend Yields
BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred share and baby bond combinations appear to be slightly mispriced.
08/13 08:30 EST - prnewswire.com
Waterfall Asset Management Expands Partnership with Onity Through Transfer of Reverse Mortgage Assets
NEW YORK , Aug. 13, 2024 /PRNewswire/ -- Waterfall Asset Management, LLC ("Waterfall" or the "Firm"), a global alternative investment adviser with a focus on specialized asset oriented markets, announced today that it has entered into a letter of intent with Onity Group Inc. (NYSE: ONIT)("Onity"), a leading non-bank mortgage servicer and originator that Waterfall has long partnered with on reverse mortgage servicing, under which Onity will acquire reverse mortgage assets from Mortgage Assets Management, LLC ("MAM"), a subsidiary of investment funds managed by Waterfall. "This transaction is an exciting development for Waterfall, showcasing our commitment to growing our reverse mortgage initiatives through partnerships with top firms like Onity," said Leo Wong, Partner at Waterfall.
08/09 11:10 EST - seekingalpha.com
Ready Capital: Light At The End Of The Tunnel As Cleanup Efforts Show
Ready Capital Corporation reported terrible Q2 2024 numbers. The distributable earnings were down to just 7 cents. But the stock did not react negatively, and we go over why we think that is.
08/08 11:48 EST - seekingalpha.com
Ready Capital Corporation (RC) Q2 2024 Earnings Call Transcript
Ready Capital Corporation (NYSE:RC ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Andrew Ahlborn - Chief Financial Office Tom Capasse - Chief Executive Officer Adam Zausmer - Chief Credit Officer Conference Call Participants Crispin Love - Piper Sandler Douglas Harter - UBS Stephen Laws - Raymond James Jason Sabshon - KBW Christopher Nolan - Landenburg Thalmann Operator Greetings, and welcome to Ready Capital's Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
08/07 21:30 EST - zacks.com
Ready Capital (RC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Ready Capital (RC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
08/07 21:01 EST - zacks.com
Ready Capital (RC) Misses Q2 Earnings and Revenue Estimates
Ready Capital (RC) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.35 per share a year ago.
08/07 17:15 EST - globenewswire.com
Ready Capital Corporation Reports Second Quarter 2024 Results
-    GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(0.21)   - -    DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.07   - -    DISTRIBUTABLE EARNINGS PER COMMON SHARE BEFORE REALIZED LOSSES OF $0.19 - -    DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS' EQUITY OF 2.6%   -
08/02 03:19 EST - seekingalpha.com
Bashing Big Yielders
Dividends need to be sustained to create value. We're highlighting a company that regularly falls short. I made some mistakes many years ago and I want to address them so we can all learn from them.
07/31 16:15 EST - globenewswire.com
Ready Capital Corporation Announces Second Quarter 2024 Results and Webcast Call
NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its second quarter 2024 financial results after the New York Stock Exchange closes on Wednesday, August 7, 2024. Management will host a webcast and conference call on Thursday, August 8, 2024 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended June 30, 2024.
07/25 22:36 EST - seekingalpha.com
2 Big Dividend Yielders And My Rant About Accounting
Accounting is driving a failure of efficient markets. The persistency of this market failure is absurd. Investors love LIBOR swaps and don't care for other tools that serve the same purpose. DX and AGNC are much more similar than investors think. This is primarily due to being clueless about accounting.