Ready Capital Corporation

RC

US75574U1016

Ready Capital Corporation is a real estate finance company. The Company originates, acquires, finances, and services small-balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, construction loans, and to a lesser extent, mortgage-backed securities collateralized primarily by SBC loans, or other real estate-related investments. Its segments include SBC Lending and Acquisitions, Small Business Lending and Residential Mortgage Banking. Its SBC Lending and Acquisitions segment originates SBC loans across the SBC property, including construction, bridge, stabilized and agency loan origination channels, through its subsidiary, ReadyCap Commercial, LLC. Its Small Business Lending segment acquires, originates and service owner-occupied loans guaranteed by the SBA, through its subsidiary, ReadyCap Lending, LLC. The Residential Mortgage Banking segment operates its residential mortgage loan origination segment through its subsidiary, GMFS, LLC.

Sector

Specialized REITs

Calendar

2024-05-06 - Q1 2024 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Ready Capital Corporation

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

8.39 USD

Average target price

10.44 USD

Spread / Average Target

+24.40%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Mortgage REITs

	1st Jan change	Capi.
READY CAPITAL CORPORATION	-19.12%	1.45B
ANNALY CAPITAL MANAGEMENT, INC.	-8.44%	9.02B
AGNC INVESTMENT CORP.	-8.66%	6.35B
STARWOOD PROPERTY TRUST, INC.	-10.28%	5.97B
RITHM CAPITAL CORP.	-1.50%	5.1B
BLACKSTONE MORTGAGE TRUST, INC.	-14.62%	3.21B
ARBOR REALTY TRUST, INC.	-20.95%	2.3B
APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.	-11.67%	1.5B
LADDER CAPITAL CORP	-10.99%	1.32B
TWO HARBORS INVESTMENT CORP.	-16.33%	1.23B

Mortgage REITs

Real-time Estimate Cboe BZX Other stock markets 03:08:02 2024-04-16 pm EDT			5-day change	1st Jan Change
8.335 ^USD	-0.66%		-5.80%	-19.12%

Mar. 20	UBS Adjusts Ready Capital Price Target to $9.50 From $10.50, Maintains Neutral Rating	MT
Mar. 15	Ready Capital Keeps Quarterly Dividend at $0.30 Per Share; Payable April 30 to Shareholders of Record on March 28	MT

UBS Adjusts Ready Capital Price Target to $9.50 From $10.50, Maintains Neutral Rating	Mar. 20	MT
Ready Capital Keeps Quarterly Dividend at $0.30 Per Share; Payable April 30 to Shareholders of Record on March 28	Mar. 15	MT
Ready Capital Corporation Declares First Quarter 2024 Dividends, Payable on April 30, 2024	Mar. 15	CI
North American Morning Briefing : S&P 500 Futures -2-	Mar. 05	DJ
B. Riley Securities Trims Ready Capital's PT to $12 From $13, Says s Capital Drag Weighs on Return on Equity; Keeps Buy Rating	Mar. 04	MT
Keefe Bruyette & Woods Downgrades Ready Capital to Underperform From Market Perform	Mar. 04	MT
Wedbush Adjusts Ready Capital's PT to $9.50 From $11 After 'Challenging' Quarter, Lowers Estimates; Keeps Neutral Rating	Feb. 29	MT
Transcript : Ready Capital Corporation, Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Earnings Flash (RC) READY CAPITAL CORPORATION Posts Q4 EPS $0.26, vs. Street Est of $0.29	Feb. 27	MT
Tranche Update on Ready Capital Corporation (NYSE:RC)'s Equity Buyback Plan announced on June 1, 2023.	Feb. 27	CI
Ready Capital Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 27	CI
North American Morning Briefing : S&P 500 Eyes -2-	Dec. 19	DJ
Raymond James Downgrades Ready Capital to Market Perform From Outperform	Dec. 18	MT
Ready Capital Declares Quarterly Dividend of $0.30 a Share, Payable Jan. 31 to Shareholders as of Dec. 29	Dec. 14	MT
Ready Capital Corporation Declares Dividend for the Quarter Ended December 31, 2023, Payable on January 31, 2024	Dec. 14	CI
Keefe, Bruyette & Wood Trims Price Target on Ready Capital to $10 From $10.50, Maintains Market Perform Rating	Nov. 14	MT
Tranche Update on Ready Capital Corporation (NYSE:RC)'s Equity Buyback Plan announced on June 1, 2023.	Nov. 08	CI
Transcript : Ready Capital Corporation, Q3 2023 Earnings Call, Nov 08, 2023	Nov. 08
Earnings Flash (RC) READY CAPITAL CORPORATION Reports Q3 EPS $0.25	Nov. 07	MT
Ready Capital Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Wedbush Initiates Ready Capital at Neutral Rating With $11 Price Target	23-10-17	MT
Ready Capital Sets Quarterly Dividend at $0.36 per Share, Payable Oct. 31 to Shareholders of Record Sept. 29	23-09-15	MT
Raymond James Adjusts Ready Capital's Price Target to $12 From $13, Keeps Outperform Rating	23-08-23	MT
Tranche Update on Ready Capital Corporation (NYSE:RC)'s Equity Buyback Plan announced on June 1, 2023.	23-08-08	CI
Tranche Update on Ready Capital Corporation (NYSE:RC)'s Equity Buyback Plan announced on March 14, 2018.	23-08-08	CI

Ready Capital Corporation

Equities

RC