Ready Capital Corp
$ 1.69
-2.87%
12 Jun - close price
- Market Cap 279,761,000 USD
- Current Price $ 1.69
- High / Low $ 1.77 / 1.69
- Stock P/E N/A
- Book Value 7.43
- EPS -3.12
- Next Earning Report 2026-08-06
- Dividend Per Share $0.27
- Dividend Yield 15.5 %
- Next Dividend Date -
- ROA -0.06 %
- ROE -0.28 %
- 52 Week High 4.55
- 52 Week Low 1.49
About
Ready Capital Corporation, is a real estate finance company in the United States. The company is headquartered in New York, New York.
Analyst Target Price
$1.70
Quarterly Earnings
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-05-07 | 2026-02-26 | 2025-11-06 | 2025-08-07 | 2025-05-08 | 2025-03-03 | 2024-11-08 | 2024-08-07 | 2024-05-08 | 2024-02-27 | 2023-11-07 | 2023-08-07 |
| Reported EPS | -1 | -0.43 | -0.13 | -0.31 | -0.09 | -0.03 | -0.28 | 0.07 | 0.29 | 0.26 | 0.28 | 0.35 |
| Estimated EPS | -0.1263 | -0.12 | -0.23 | -0.045 | 0.1221 | 0.2102 | 0.23 | 0.24 | 0.26 | 0.32 | 0.36 | 0.37 |
| Surprise | -0.8737 | -0.31 | 0.1 | -0.265 | -0.2121 | -0.2402 | -0.51 | -0.17 | 0.03 | -0.06 | -0.08 | -0.02 |
| Surprise Percentage | -691.7656% | -258.3333% | 43.4783% | -588.8889% | -173.7101% | -114.2721% | -221.7391% | -70.8333% | 11.5385% | -18.75% | -22.2222% | -5.4054% |
Next Quarterly Earnings
| Jun 2026 | |
|---|---|
| Reported Date | 2026-08-06 |
| Fiscal Date Ending | 2026-06-30 |
| Estimated EPS | -0.25 |
| Currency | USD |
Previous Dividend Records
| Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-04-30 | 2026-01-30 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 |
| Amount | $0.01 | $0.01 | $0.125 | $0.125 | $0.125 | $0.25 | $0.25 | $0.3 | $0.3 | $0.3 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: RC
2026-05-29 16:06:12
Ready Capital (RC) released its Q1 2026 earnings on May 7, 2026, reporting an EPS of -$0.33, missing the consensus estimate of -$0.15, but achieving revenue of $130.55 million, which surpassed analyst estimates. The company's next earnings report is estimated for August 6, 2026, with an expected growth in EPS for the next year. This report provides detailed historical earnings data and future forecasts for Ready Capital.
2026-05-18 05:39:20
Keefe Bruyette reiterated an "Underperform" rating on Ready Capital (RC) shares and lowered its price target to $1.40 from $1.60 on May 12, 2026. This follows the company's Q1 2026 earnings call where Chairman and CEO Thomas Capasse outlined ongoing balance sheet repositioning, including $1.4 billion generated from loan sales and liquidations to reduce debt. Despite these efforts, Ready Capital reported a GAAP loss of $1.25 per common share for the quarter.
2026-05-18 00:39:37
Ready Capital's Q1 2026 results show continued pressure from a balance sheet repositioning plan aimed at increasing liquidity, reducing leverage, and addressing underperforming commercial real estate assets. The company generated $1.4 billion in cash year-to-date from loan sales and liquidations, using it to pay down debt and create net liquidity. Going forward, Ready Capital plans to simplify its business model by focusing on middle-market CRE debt investing and SBA 7(a) lending, while also managing its legacy CRE portfolio through aggressive asset management strategies.
2026-05-07 11:10:38
This page provides a comprehensive resource for Ready Capital (RC) SEC filings, including 10-K annual reports, 10-Q quarterly earnings, and 8-K material events. It details recent filings such as the Q2 2025 results showing loan growth but a net loss, and an investor group's significant stake acquisition in the company. The platform offers AI-generated summaries and sentiment analysis for each filing.
2026-04-02 03:40:57
Ready Capital Corporation has provided a business update on its de-leveraging strategy and balance sheet strengthening actions. The company completed the sale of 47 commercial real estate loans totaling $943 million in unpaid principal balance and collapsed its remaining two Collateralized Loan Obligations. Additionally, it issued a redemption notice for its 6.20% Senior Unsecured Notes due July 2026 and signed a $1 billion arrangement for off-balance sheet commercial real estate loan originations.
2026-04-01 20:39:15
Ready Capital (NYSE: RC) has updated its de-leveraging strategy, completing 47 sales of commercial real estate (CRE) loans totaling $943 million in unpaid principal balance (UPB) and generating $177 million in net proceeds in Q1 2026. The company also received $444 million from principal payoffs and resolved two remaining CLOs. Furthermore, Ready Capital has signed an arrangement to fund up to $1 billion in new off-balance sheet CRE loan originations, and plans to redeem $67 million of 6.20% notes on April 22, 2026.
