Ready Capital Corp. (RC)

$7.38

+0.01

(+0.14%)▲

Market is closed - opens 8 PM, 27 Nov 2024

Performance

  • $7.22
    $7.39
    $7.38
    downward going graph

    2.24%

    Downside

    Day's Volatility :2.37%

    Upside

    0.14%

    downward going graph
  • $6.65
    $11.67
    $7.38
    downward going graph

    9.89%

    Downside

    52 Weeks Volatility :43.02%

    Upside

    36.76%

    downward going graph

Returns

PeriodReady Capital Corp.Sector (Financials)Index (Russel 2000)
3 Months
-12.78%
14.6%
0.0%
6 Months
-10.99%
22.7%
0.0%
1 Year
-26.59%
44.3%
0.0%
3 Years
-52.79%
31.7%
-21.2%

Highlights

Market Capitalization
1.2B
Book Value
$12.59
Dividend Share
1.15
Dividend Yield
15.91%
Earnings Per Share (EPS)
-0.72
Wall Street Target Price
8.792
Profit Margin
-84.87%
Operating Margin TTM
-162.46%
Return On Assets TTM
-0.75%
Return On Equity TTM
-3.57%
Revenue TTM
129.4M
Revenue Per Share TTM
0.76
Quarterly Revenue Growth YOY
-80.60000000000001%
Gross Profit TTM
470.6M
Diluted Eps TTM
-0.72
Quarterly Earnings Growth YOY
3.05
EPS Estimate Current Year
0.82
EPS Estimate Next Year
1.1
EPS Estimate Current Quarter
0.23
EPS Estimate Next Quarter
0.25

Analyst Recommendation

Buy
    64%Buy
    29%Hold
    5%Sell
Based on 17 Wall street analysts offering stock ratings for Ready Capital Corp.(by analysts ranked 0 to 5 stars)
Based on 17 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
11
11
11
Hold
5
5
6
Sell
1
1
00

Analyst Forecast

What analysts predicted

Upside of 19.13%

Current $7.38
Target $8.79

Company Financials

FY18Y/Y Change
Revenue
158.3M
↑ 3.56%
Net Income
59.3M
↑ 36.89%
Net Profit Margin
37.44%
↑ 9.11%
FY19Y/Y Change
Revenue
146.1M
↓ 7.68%
Net Income
73.0M
↑ 23.14%
Net Profit Margin
49.94%
↑ 12.5%
FY20Y/Y Change
Revenue
270.1M
↑ 84.89%
Net Income
44.9M
↓ 38.51%
Net Profit Margin
16.61%
↓ 33.33%
FY21Y/Y Change
Revenue
383.4M
↑ 41.92%
Net Income
157.7M
↑ 251.56%
Net Profit Margin
41.15%
↑ 24.54%
FY22Y/Y Change
Revenue
460.2M
↑ 20.05%
Net Income
194.3M
↑ 23.15%
Net Profit Margin
42.21%
↑ 1.06%
FY23Y/Y Change
Revenue
1.1B
↑ 148.87%
Net Income
339.5M
↑ 74.74%
Net Profit Margin
29.64%
↓ 12.57%
Q2 FY23Q/Q Change
Revenue
95.1M
↑ 22.77%
Net Income
248.9M
↑ 608.2%
Net Profit Margin
261.65%
↑ 216.29%
Q3 FY23Q/Q Change
Revenue
126.1M
↑ 32.62%
Net Income
45.7M
↓ 81.65%
Net Profit Margin
36.2%
↓ 225.45%
Q4 FY23Q/Q Change
Revenue
316.4M
↑ 150.78%
Net Income
9.8M
↓ 78.62%
Net Profit Margin
3.09%
↓ 33.11%
Q1 FY24Q/Q Change
Revenue
270.8M
↓ 14.4%
Net Income
-76.6M
↓ 884.79%
Net Profit Margin
-28.29%
↓ 31.38%
Q2 FY24Q/Q Change
Revenue
251.2M
↓ 7.23%
Net Income
-38.3M
↓ 49.98%
Net Profit Margin
-15.25%
↑ 13.04%
Q3 FY24Q/Q Change
Revenue
56.3M
↓ 77.61%
Net Income
-24.3M
↓ 36.64%
Net Profit Margin
-43.16%
↓ 27.91%
FY18Y/Y Change
Total Assets
3.0B
↑ 20.34%
Total Liabilities
2.5B
↑ 25.65%
FY19Y/Y Change
Total Assets
5.0B
↑ 63.89%
Total Liabilities
4.1B
↑ 67.11%
FY20Y/Y Change
Total Assets
5.4B
↑ 7.94%
Total Liabilities
4.5B
↑ 9.82%
FY21Y/Y Change
Total Assets
9.5B
↑ 77.47%
Total Liabilities
8.3B
↑ 81.88%
FY22Y/Y Change
Total Assets
11.6B
↑ 21.89%
Total Liabilities
9.7B
↑ 17.8%
FY23Y/Y Change
Total Assets
12.4B
↑ 7.06%
Total Liabilities
9.8B
↑ 0.74%
Q2 FY23Q/Q Change
Total Assets
12.4B
↑ 7.33%
Total Liabilities
9.7B
↑ 0.24%
Q3 FY23Q/Q Change
Total Assets
12.8B
↑ 3.36%
Total Liabilities
10.1B
↑ 4.34%
Q4 FY23Q/Q Change
Total Assets
12.4B
↓ 2.8%
Total Liabilities
9.8B
↓ 3.1%
Q1 FY24Q/Q Change
Total Assets
12.0B
↓ 3.2%
Total Liabilities
9.5B
↓ 2.57%
Q2 FY24Q/Q Change
Total Assets
11.8B
↓ 2.24%
Total Liabilities
9.4B
↓ 1.69%
Q3 FY24Q/Q Change
Total Assets
11.3B
↓ 4.43%
Total Liabilities
8.9B
↓ 4.9%
FY18Y/Y Change
Operating Cash Flow
140.3M
↓ 60.2%
Investing Cash Flow
-580.8M
↑ 139.75%
Financing Cash Flow
444.5M
↓ 517.76%
FY19Y/Y Change
Operating Cash Flow
-52.4M
↓ 137.35%
Investing Cash Flow
-1.2B
↑ 108.83%
Financing Cash Flow
1.3B
↑ 192.07%
FY20Y/Y Change
Operating Cash Flow
68.9M
↓ 231.48%
Investing Cash Flow
-59.4M
↓ 95.1%
Financing Cash Flow
63.1M
↓ 95.14%
FY21Y/Y Change
Operating Cash Flow
-34.4M
↓ 149.99%
Investing Cash Flow
-1.7B
↑ 2790.89%
Financing Cash Flow
1.9B
↑ 2874.88%
FY22Y/Y Change
Operating Cash Flow
359.1M
↓ 1142.79%
Investing Cash Flow
-1.6B
↓ 9.43%
Financing Cash Flow
1.2B
↓ 37.57%
Q2 FY23Q/Q Change
Operating Cash Flow
38.1M
↓ 4305.73%
Investing Cash Flow
285.7M
↑ 496.55%
Financing Cash Flow
-181.6M
↑ 86.64%
Q3 FY23Q/Q Change
Operating Cash Flow
43.5M
↑ 14.15%
Investing Cash Flow
590.3M
↑ 106.59%
Financing Cash Flow
-377.1M
↑ 107.65%

Technicals Summary

Sell

Neutral

Buy

Ready Capital Corp. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Ready Capital Corp.
Ready Capital Corp.
6.66%
-10.99%
-26.59%
-52.79%
-52.54%
Agnc Investment Corp.
Agnc Investment Corp.
1.14%
1.67%
11.81%
-38.72%
-44.16%
Annaly Capital Management, Inc.
Annaly Capital Management, Inc.
3.7%
2.84%
14.05%
-40.45%
-46.24%
Starwood Property Trust, Inc.
Starwood Property Trust, Inc.
1.45%
7.43%
2.9%
-21.15%
-17.05%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Ready Capital Corp.
Ready Capital Corp.
5.91
NA
NA
0.82
-0.04
-0.01
0.16
12.59
Agnc Investment Corp.
Agnc Investment Corp.
6.54
6.54
17.55
1.98
0.13
0.01
0.15
9.5
Annaly Capital Management, Inc.
Annaly Capital Management, Inc.
4.75
NA
-3.61
2.64
0.01
0.0
0.13
19.54
Starwood Property Trust, Inc.
Starwood Property Trust, Inc.
16.88
16.88
2.73
2.01
0.05
0.01
0.1
19.39
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Ready Capital Corp.
Ready Capital Corp.
Buy
$1.2B
-52.54%
5.91
-84.87%
Agnc Investment Corp.
Agnc Investment Corp.
Buy
$8.6B
-44.16%
6.54
91.58%
Annaly Capital Management, Inc.
Annaly Capital Management, Inc.
Buy
$11.1B
-46.24%
4.75
31.44%
Starwood Property Trust, Inc.
Starwood Property Trust, Inc.
Buy
$6.9B
-17.05%
16.88
86.89%

Insights on Ready Capital Corp.

  • 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

  • Vs NLY

    In the last 1 year, Annaly Capital Management, Inc. has given 13.3% return, outperforming this stock by 39.9%

  • Vs STWD

    In the last 3 years, Ready Capital Corp. has experienced a drawdown of -52.8%, however Starwood Property Trust, Inc. resisted the overall trend and outperformed by 12.4%

Institutional Holdings

  • BlackRock Inc

    15.81%

  • Vanguard Group Inc

    6.29%

  • State Street Corp

    3.58%

  • Waterfall Asset Management, LLC

    2.32%

  • Geode Capital Management, LLC

    2.19%

  • Morgan Stanley - Brokerage Accounts

    1.88%

Company Information

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 Corp.
Employees
350
CEO
Mr. Andrew Ahlborn CPA
Industry
Finance

FAQs