Ready Capital share price today

(RC)

Ready Capital share price is $7.05 & ₹603.04 as on 28 Dec 2024, 2.30 'hrs' IST

$7.05

▲

-0.3

(-4.08%)

Market is closed - opens 8 PM, 30 Dec 2024

View live Ready Capital share price in Dollar and Rupees. Guide to invest in Ready Capital from India. Also see the sentimental analysis on Indian investors investing in Ready Capital. Get details on the Indian mutual funds that are investing in Ready Capital. Get Analyst recommendations and forecasts along with all the Ready Capital's financials.

Ready Capital share price movements

Today's Low: $7.05
Today's High: $7.39
$7.05
0.0%
Downside
Day's Volatility :4.6%
Upside
4.6%
52 Weeks Low: $6.65
52 Weeks High: $10.55
$7.05
5.67%
Downside
52 Weeks Volatility :36.97%
Upside
33.18%

Ready Capital Returns

Period	Ready Capital Corp.	Sector (Financials)	Index (Russel 2000)
3 Months	-7.6%	8.0%	0.0%
6 Months	-13.07%	18.6%	0.0%
1 Year	-31.22%	29.2%	0.0%
3 Years	-55.97%	24.2%	-21.3%

Ready Capital Key Statistics

in dollars & INR

Previous Close	$7.35
Open	$7.29
Today's High	$7.39
Today's Low	$7.05
Market Capitalization	$1.3B
Today's Volume	$1.8M
52 Week High	$10.55
52 Week Low	$6.65
Revenue TTM	$129.4M
Earnings Per Share (EPS)	$-0.72
Dividend Yield	15.15%
Profit Margin	-84.87%
Quarterly Earnings Growth YOY	3.05%
Return On Equity TTM	-3.57%

How to invest in Ready Capital from India?

It is very easy for Indian residents to invest directly in Ready Capital from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Ready Capital stock in both Indian Rupees (INR) and US Dollars (USD). Search for Ready Capital or RC on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Ready Capital or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Ready Capital shares which would translate to 0.121 fractional shares of Ready Capital as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Ready Capital, in just a few clicks!

Returns in Ready Capital for Indian investors in Rupees

Investment Value

₹1,00,000

Ready Capital investment value today

Current value as on today

₹71,575

Returns

₹28,425

(-28.42%)

Returns from Ready Capital Stock

₹31,220 (-31.22%)

Dollar Returns

₹2,795 (+2.79%)

Indian investors sentiment towards Ready Capital

36%

Period: Sep 28, 2024 to Dec 27, 2024. Change in 30 Days versus previous period

Search volume for Ready Capital on INDmoney from India has grown in the last 30 days as on Dec 28, 2024. 36% more investors are searching Ready Capital in the last 30 days versus the previous period.

Global Institutional Holdings in Ready Capital

BlackRock Inc
15.81%
Vanguard Group Inc
6.29%
State Street Corp
3.75%
Balyasny Asset Management LLC
2.36%
Waterfall Asset Management, LLC
2.32%
Geode Capital Management, LLC
2.28%

Analyst Recommendation on Ready Capital

Buy

64%Buy

29%Hold

5%Sell

Based on 17 Wall street analysts offering stock ratings for Ready Capital(by analysts ranked 0 to 5 stars)

Based on 17 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Ready Capital

What analysts predicted

Upside of 22.34%

Current:

$7.05

Target:

$8.63

Insights on Ready Capital

Price Movement
In the last 7 days, RC stock has moved down by -2.9%
Decreasing Revenue
Revenue is down for the last 4 quarters, 316.35M → 56.25M (in $), with an average decrease of 33.1% per quarter
Increasing Net Profit
Netprofit is up for the last 3 quarters, -76.61M → -24.28M (in $), with an average increase of 78.9% per quarter
RC vs NLY (1 yr)
In the last 1 year, Ready Capital Corp. has experienced a drawdown of -33.0%, however Annaly Capital Management, Inc. resisted the overall trend and outperformed by 28.3%
RC vs STWD (3 yr)
In the last 3 years, Ready Capital Corp. has experienced a drawdown of -55.9%, however Starwood Property Trust, Inc. resisted the overall trend and outperformed by 13.4%
Price to Sales
ForRC every $1 of sales, investors are willing to pay $9.3, whereas for Annaly Capital Management, Inc., the investors are paying $25.9 for every $1 of sales.

Ready Capital Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$158.3M	↑ 3.56%
Net Income	$59.3M	↑ 36.89%
Net Profit Margin	37.44%	↑ 9.11%

	FY19	Y/Y Change
Revenue	$146.1M	↓ 7.68%
Net Income	$73.0M	↑ 23.14%
Net Profit Margin	49.94%	↑ 12.5%

	FY20	Y/Y Change
Revenue	$270.1M	↑ 84.89%
Net Income	$44.9M	↓ 38.51%
Net Profit Margin	16.61%	↓ 33.33%

	FY21	Y/Y Change
Revenue	$383.4M	↑ 41.92%
Net Income	$157.7M	↑ 251.56%
Net Profit Margin	41.15%	↑ 24.54%

	FY22	Y/Y Change
Revenue	$460.2M	↑ 20.05%
Net Income	$194.3M	↑ 23.15%
Net Profit Margin	42.21%	↑ 1.06%

	FY23	Y/Y Change
Revenue	$1.1B	↑ 148.87%
Net Income	$339.5M	↑ 74.74%
Net Profit Margin	29.64%	↓ 12.57%

	Q2 FY23	Q/Q Change
Revenue	$95.1M	↑ 22.77%
Net Income	$248.9M	↑ 608.2%
Net Profit Margin	261.65%	↑ 216.29%

	Q3 FY23	Q/Q Change
Revenue	$126.1M	↑ 32.62%
Net Income	$45.7M	↓ 81.65%
Net Profit Margin	36.2%	↓ 225.45%

	Q4 FY23	Q/Q Change
Revenue	$316.4M	↑ 150.78%
Net Income	$9.8M	↓ 78.62%
Net Profit Margin	3.09%	↓ 33.11%

	Q1 FY24	Q/Q Change
Revenue	$270.8M	↓ 14.4%
Net Income	$-76.6M	↓ 884.79%
Net Profit Margin	-28.29%	↓ 31.38%

	Q2 FY24	Q/Q Change
Revenue	$251.2M	↓ 7.23%
Net Income	$-38.3M	↓ 49.98%
Net Profit Margin	-15.25%	↑ 13.04%

	Q3 FY24	Q/Q Change
Revenue	$56.3M	↓ 77.61%
Net Income	$-24.3M	↓ 36.64%
Net Profit Margin	-43.16%	↓ 27.91%

	FY18	Y/Y Change
Profit	$129.5M	↑ 70.85%

	FY19	Y/Y Change
Profit	$113.0M	↓ 12.79%

	FY20	Y/Y Change
Profit	$215.8M	↑ 91.03%

	FY21	Y/Y Change
Profit	$325.0M	↑ 50.61%

	FY22	Y/Y Change
Profit	$404.9M	↑ 24.61%

	FY23	Y/Y Change
Profit	$1.1B	↑ 168.14%

	Q2 FY23	Q/Q Change
Profit	$83.9M	↑ 35.22%

	Q3 FY23	Q/Q Change
Profit	$111.8M	↑ 33.26%

	Q4 FY23	Q/Q Change
Profit	$300.1M	↑ 168.48%

	Q1 FY24	Q/Q Change
Profit	$246.7M	↓ 17.79%

	Q2 FY24	Q/Q Change
Profit	$225.1M	↓ 8.78%

	Q3 FY24	Q/Q Change
Profit	$37.7M	↓ 83.26%

	FY18	Y/Y Change
Operating Cash Flow	$140.3M	↓ 60.2%
Investing Cash Flow	$-580.8M	↑ 139.75%
Financing Cash Flow	$444.5M	↓ 517.76%

	FY19	Y/Y Change
Operating Cash Flow	$-52.4M	↓ 137.35%
Investing Cash Flow	$-1.2B	↑ 108.83%
Financing Cash Flow	$1.3B	↑ 192.07%

	FY20	Y/Y Change
Operating Cash Flow	$68.9M	↓ 231.48%
Investing Cash Flow	$-59.4M	↓ 95.1%
Financing Cash Flow	$63.1M	↓ 95.14%

	FY21	Y/Y Change
Operating Cash Flow	$-34.4M	↓ 149.99%
Investing Cash Flow	$-1.7B	↑ 2790.89%
Financing Cash Flow	$1.9B	↑ 2874.88%

	FY22	Y/Y Change
Operating Cash Flow	$359.1M	↓ 1142.79%
Investing Cash Flow	$-1.6B	↓ 9.43%
Financing Cash Flow	$1.2B	↓ 37.57%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$38.1M	↓ 4305.73%
Investing Cash Flow	$285.7M	↑ 496.55%
Financing Cash Flow	$-181.6M	↑ 86.64%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$43.5M	↑ 14.15%
Investing Cash Flow	$590.3M	↑ 106.59%
Financing Cash Flow	$-377.1M	↑ 107.65%

Ready Capital Technicals Summary

Sell

Neutral

Buy

Ready Capital is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Ready Capital Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Ready Capital Corp.	-4.34%	-13.07%	-31.22%	-55.97%	-54.07%
Agnc Investment Corp.	-3.42%	-1.58%	-4.89%	-39.38%	-47.32%
Annaly Capital Management, Inc.	-4.97%	1.5%	-2.22%	-42.33%	-49.73%
Starwood Property Trust, Inc.	-5.25%	2.93%	-8.18%	-22.3%	-22.21%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Ready Capital Corp.	5.91	NA	NA	0.57	-0.04	-0.01	0.15	12.59
Agnc Investment Corp.	6.26	6.26	17.55	1.97	0.13	0.01	0.15	9.5
Annaly Capital Management, Inc.	4.75	NA	-3.61	2.64	0.01	0.0	0.14	19.54
Starwood Property Trust, Inc.	16.45	16.45	2.73	2.01	0.05	0.01	0.1	19.39

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Ready Capital Corp.	Buy	$1.3B	-54.07%	5.91	-84.87%
Agnc Investment Corp.	Buy	$8.3B	-47.32%	6.26	91.58%
Annaly Capital Management, Inc.	Buy	$10.7B	-49.73%	4.75	31.44%
Starwood Property Trust, Inc.	Buy	$6.7B	-22.21%	16.45	86.89%

About Ready Capital

ready capital corporation operates as a real estate finance company in the united states. the company originates, acquires, finances, and services small balance commercial (sbc) loans, small business administration (sba) loans, and residential mortgage loans, as well as mortgage backed securities collateralized primarily by sbc loans, or other real estate-related investments. it operates through four segments: acquisitions; sbc originations; sba originations, acquisitions and servicing; and residential mortgage banking. the acquisitions segment acquires performing and non-performing sbc loans. the sbc originations segment originates sbc loans secured by stabilized or transitional investor properties using various loan origination channels; and originates and services multi-family loan products. the sba originations, acquisitions and servicing segment acquires, originates, and services owner-occupied loans guaranteed by the sba. the residential mortgage banking segment originates reside

Organization	Ready Capital
Employees	350
CEO	Mr. Andrew Ahlborn CPA
Industry	Finance

Management People of Ready Capital

Name	Title
Mr. Andrew Ahlborn CPA	CFO & Secretary
Mr. Gary T. Taylor	Chief Operating Officer
Mr. Adam Zausmer	Chief Credit Officer
Mr. Thomas Edward Capasse	Chairman, CEO & Chief Investment Officer
Mr. Jack Jay Ross CPA	President & Director
Mr. Brian Dunn	Director of Finance Division
Mr. Alex Ovalle	MD & National Sales Manager
Mr. Richard Katzenstein	MD & Head of Strategic Partnerships
David A. Cohen	MD & Co-Head of the National Bridge Lending Platform

Important FAQs about investing in Ready Capital from India :

What is Ready Capital share price today?

Ready Capital share price today stands at $7.05, Open: $7.29 ; Previous Close: $7.35 ; High: $7.39 ; Low: $7.05 ; 52 Week High: $10.55 ; 52 Week Low: $6.65. The stock opens at $7.29, after a previous close of $7.35. The stock reached a daily high of $7.39 and a low of $7.05, with a 52-week high of $10.55 and a 52-week low of $6.65.

Can Indians buy Ready Capital shares?

Yes, Indians can invest in the Ready Capital (RC) from India.

With INDmoney, you can buy Ready Capital at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Ready Capital at zero transaction cost.

How can I buy Ready Capital shares from India?

It is very easy to buy Ready Capital from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Ready Capital be purchased?

Yes, you can buy fractional shares of Ready Capital with INDmoney app.

What are the documents required to start investing in Ready Capital stocks?

To start investing in Ready Capital, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.