Ready Capital Corp
$ 2.62
-5.76%
04 Dec - close price
- Market Cap 458,506,000 USD
- Current Price $ 2.62
- High / Low $ 2.80 / 2.61
- Stock P/E N/A
- Book Value 10.28
- EPS -1.91
- Next Earning Report 2026-03-11
- Dividend Per Share $0.62
- Dividend Yield 24.4 %
- Next Dividend Date -
- ROA -0.03 %
- ROE -0.13 %
- 52 Week High 6.76
- 52 Week Low 2.32
About
Ready Capital Corporation (Ticker: RC) is a prominent real estate finance company based in New York City, specializing in innovative financing solutions for residential and commercial real estate projects across the United States. The company focuses on originating, acquiring, and managing a diverse portfolio of real estate-related assets, including mortgage loans and real estate investment trusts (REITs). With a commitment to value-driven investments and strong risk management practices, Ready Capital is well-equipped to capitalize on market opportunities, offering attractive returns for institutional investors seeking exposure to the real estate finance sector.
Analyst Target Price
$3.69
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-11-06 | 2025-08-08 | 2025-05-06 | 2025-02-25 | 2024-11-07 | 2024-08-07 | 2024-05-08 | 2024-02-27 | 2023-11-07 | 2023-08-07 | 2023-05-08 | 2023-02-27 |
| Reported EPS | -0.13 | -0.31 | -0.09 | -0.03 | -0.28 | 0.07 | 0.29 | 0.26 | 0.28 | 0.35 | 0.3 | 0.42 |
| Estimated EPS | -0.23 | -0.045 | 0.1221 | 0.2102 | 0.23 | 0.24 | 0.26 | 0.32 | 0.36 | 0.37 | 0.41 | 0.43 |
| Surprise | 0.1 | -0.265 | -0.2121 | -0.2402 | -0.51 | -0.17 | 0.03 | -0.06 | -0.08 | -0.02 | -0.11 | -0.01 |
| Surprise Percentage | 43.4783% | -588.8889% | -173.7101% | -114.2721% | -221.7391% | -70.8333% | 11.5385% | -18.75% | -22.2222% | -5.4054% | -26.8293% | -2.3256% |
Next Quarterly Earnings
| Dec 2025 | |
|---|---|
| Reported Date | 2026-03-11 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | -0.0746 |
| Currency | USD |
Previous Dividend Records
| Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | Oct 2023 | Jul 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 |
| Amount | $0.125 | $0.125 | $0.125 | $0.25 | $0.25 | $0.3 | $0.3 | $0.3 | $0.36 | $0.14 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: RC
2023-06-22 16:00:00
Linchris Hotel Corp., owner of the Sheraton Tampa Brandon Hotel, has secured $20.07 million in financing through Ready Capital, with JLL Capital Markets representing Linchris. The 266-unit hotel, purchased by Linchris in 2016 for $15.84 million, features extensive meeting space and is the company's only Florida property. The terms and purpose of the financing were not disclosed.
2023-06-01 14:42:00
Ready Capital (RC) has completed its merger with Broadmark Realty Capital, enhancing its position as a non-bank lender in the commercial real estate market and becoming the fourth-largest commercial mortgage REIT. The integration expands its CRE lending platform to include residential and commercial construction loans, offering broader geographic reach and diverse product offerings. This strategic move is expected to immediately de-leverage RC's portfolio, generate mid-teen returns from deploying Broadmark's capital, and be accretive to earnings in 2024 through operational efficiencies.
2023-05-30 16:15:00
Ready Capital Corporation stockholders have approved the issuance of common stock for its merger with Broadmark Realty Capital Inc. The merger is expected to close on May 31, 2023, with Broadmark stockholders receiving 0.47233 shares of Ready Capital common stock for each share owned. This strategic move aims to combine the two real estate finance companies.
2023-04-14 12:10:00
Tom Capasse, co-founder of Waterfall Asset Management, anticipates a wave of distress in the U.S. commercial real-estate market due to rising interest rates and tighter credit. Despite the challenges, his firm has closed a new $485 million Atlas Fund to invest in commercial real estate, distressed loans, and bonds. Capasse suggests that while the situation is concerning, it's a familiar scenario for experienced distressed property investors.
2022-04-05 11:25:00
Ready Capital is launching its seventh mortgage trust, offering $276.8 million in commercial mortgage-backed securities (CMBS) backed by 30 small- and mid-balance loans. The portfolio consists of seasoned collateral, with half of the loans originated before Q1 2020. The offering includes retail, industrial, office, and multifamily properties, with anticipated ratings ranging from 'AAA' to 'B-' by KBRA and 'Aaa' to 'A3' by Moody's.
2021-08-04 21:06:25
Ready Capital Corp. has acquired Red Stone and its affiliates to expand its footprint in the affordable housing sector. The acquisition involved cash, stock, and the assumption of certain Red Stone guarantees, with Red Stone's management team joining Ready Capital. This move aims to boost Ready Capital's affordable housing business and benefit its shareholders by diversifying its portfolio into a sector with low correlation to its existing businesses.
