- $1.38bn
- $10.28bn
- $1.05bn
- 43
- 78
- 51
- 58
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 7.47 | ||
| PEG Ratio (f) | 2.52 | ||
| EPS Growth (f) | 3.06% | ||
| Dividend Yield (f) | 13.93% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 0.59 | ||
| Price to Tang. Book | 0.61 | ||
| Price to Free Cashflow | 21.22 | ||
| Price to Sales | 1.59 | ||
| EV to EBITDA | 86.38 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 0.97% | ||
| Return on Equity | 10.18% | ||
| Operating Margin | 12.93% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | 324.53 | 552.87 | 402.05 | 713.93 | 1,048.94 | 238.94 | 282.17 | 34.88% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | -25.1 | -27.93 | +76.38 | -22.02 | -12.92 | -3.7 | +10.76 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans. Its segments include LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment originates lower-to-middle-market commercial real estate (LMM) loans across the full life cycle of an LMM property including construction, bridge, stabilized and agency loan origination channels through its wholly owned subsidiary, ReadyCap Commercial, LLC. These originated loans are generally held-for-investment or placed into securitization structures. As part of this segment, it originates and services multi-family loan products under the Freddie Mac SBL program. The Small Business Lending segment acquires, originates and services owner-occupied loans guaranteed by the Small Business Administration (SBA) under its SBA Section 7(a) Program through its wholly owned subsidiary, ReadyCap Lending, LLC.
Directors
- Thomas Capasse CHM (64)
- Jack Ross PRE (63)
- Andrew Ahlborn CFO (37)
- Gary Taylor COO (61)
- Thomas Buttacavoli CIN (43)
- Adam Zausmer OTH
- Andrea Petro DRC (69)
- Frank Filipps IND (73)
- Dominique Mielle IND (52)
- Gilbert Nathan IND (41)
- J. Mitchell Reese IND (61)
- Todd Sinai IND (51)
- Last Annual
- December 31st, 2023
- Last Interim
- March 31st, 2024
- Incorporated
- May 24th, 2011
- Public Since
- February 8th, 2013
- No. of Shareholders
- 895
- No. of Employees
- 374
- Sector
- Residential & Commercial REITs
- Industry
- Financials
- Exchange
New York Stock Exchange- Shares in Issue
- 169,196,795
- Address
- 1251 AVENUE OF THE AMERICAS, 50TH FLOOR, NEW YORK, 10020
- Web
- https://readycapital.com/
- Phone
- +1 2122574600
- Auditors
- Deloitte & Touche LLP
Upcoming Events for RC
Dividend For RC_pc.N - 0.3906 USD
Dividend For RC.N - 0.3000 USD
Dividend For RCC.N - 0.3594 USD
Q2 2024 Ready Capital Corp Earnings Release
Ready Capital Corp Annual Shareholders Meeting
Q3 2024 Ready Capital Corp Earnings Release
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FAQ
What is the Ready Capital share price?
As of Today at 22:54 UTC, shares in Ready Capital are trading at $8.47. This share price information is delayed by 15 minutes.
How has the Ready Capital share price performed this year?
Shares in Ready Capital last closed at $8.47 and the price had moved by -23.07% over the past 365 days. In terms of relative price strength the Ready Capital share price has underperformed the S&P500 Index by -38.78% over the past year.
What are the analyst and broker recommendations for Ready Capital?
The overall consensus recommendation for Ready Capital is Hold. You can view the full broker recommendation list by unlocking its StockReport.
What is the Ready Capital dividend yield?
The Ready Capital dividend yield is 16.06% based on the trailing twelve month period.
Does Ready Capital pay a dividend?
Last year, Ready Capital paid a total dividend of $1.36, and it currently has a trailing dividend yield of 16.06%.Looking ahead, shares in Ready Capital are due to go ex-dividend on 2024-06-28 and the next dividend pay date is 2024-07-31.
When does Ready Capital next pay dividends?
Ready Capital are due to go ex-dividend on 2024-06-28 and the next dividend pay date is 2024-07-31. The historic dividend yield on Ready Capital shares is currently 16.06%.
How do I buy Ready Capital shares?
To buy shares in Ready Capital you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Ready Capital?
As of the previous close price of $8.47, shares in Ready Capital had a market capitalisation of $1.43bn.
Where are Ready Capital shares listed?
Here are the trading details for Ready Capital:
- Country of listing: United States
- Exchange: NYQ
- Ticker Symbol: RC
What kind of share is Ready Capital?
Based on an overall assessment of its quality, value and momentum Ready Capital is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Ready Capital share price forecast for 2024?
The analyst consensus target price for shares in Ready Capital is $9.83. That is 16.06% above the last closing price of $8.47.
Analysts covering Ready Capital currently have a consensus Earnings Per Share (EPS) forecast of $1.08 for the next financial year.
What is the trend in the Ready Capital share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Ready Capital. Over the past six months, its share price has underperformed the S&P500 Index by -32.29%.
As of the last closing price of $8.47, shares in Ready Capital were trading -10.5% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Ready Capital PE Ratio?
The Ready Capital PE ratio based on its reported earnings over the past 12 months is 7.47. The shares last closed at $8.47.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Ready Capital?
Ready Capital's management team is headed by:
- Thomas Capasse - CHM
- Jack Ross - PRE
- Andrew Ahlborn - CFO
- Gary Taylor - COO
- Thomas Buttacavoli - CIN
- Adam Zausmer - OTH
- Andrea Petro - DRC
- Frank Filipps - IND
- Dominique Mielle - IND
- Gilbert Nathan - IND
- J. Mitchell Reese - IND
- Todd Sinai - IND