Ready Capital Corp. (RC)

$8.57

+0.1

(+1.18%)

Market is closed - opens 7 PM, 25 Jun 2024

Insights on Ready Capital Corp.

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 316.35M → 270.80M (in $), with an average decrease of 14.4% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 4 quarters, 248.88M → -76.61M (in $), with an average decrease of 348.4% per quarter

  • Vs AGNCP

    In the last 1 year, Agnc Investment Corp has given 15.4% return, outperforming this stock by 36.2%

  • Vs AGNCM

    In the last 3 years, Ready Capital Corp. has experienced a drawdown of -49.0%, however Agnc Investment Corp resisted the overall trend and outperformed by 44.7%

Performance

  • $8.47
    $8.63
    $8.57
    downward going graph

    1.17%

    Downside

    Day's Volatility :1.85%

    Upside

    0.7%

    downward going graph
  • $7.93
    $10.97
    $8.57
    downward going graph

    7.47%

    Downside

    52 Weeks Volatility :27.71%

    Upside

    21.88%

    downward going graph

Returns

PeriodReady Capital Corp.Sector (Financials)Index (Russel 2000)
3 Months
-7.53%
-0.2%
0.0%
6 Months
-23.56%
10.7%
0.0%
1 Year
-22.22%
26.2%
0.0%
3 Years
-48.98%
13.3%
-24.2%

Highlights

Market Capitalization
1.4B
Book Value
$13.44
Dividend Share
1.36
Dividend Yield
14.98%
Earnings Per Share (EPS)
1.49
PE Ratio
5.64
Wall Street Target Price
9.83
Profit Margin
74.08%
Operating Margin TTM
418.57%
Return On Assets TTM
2.01%
Return On Equity TTM
10.79%
Revenue TTM
310.5M
Revenue Per Share TTM
1.91
Quarterly Revenue Growth YOY
36.4%
Gross Profit TTM
470.6M
Diluted Eps TTM
1.49
Quarterly Earnings Growth YOY
3.05
EPS Estimate Current Year
1.08
EPS Estimate Next Year
1.19
EPS Estimate Current Quarter
0.26
EPS Estimate Next Quarter
0.27

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 14.7%

Current $8.57
Target $9.83

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
↑ 146.63%
Net Income
339.5M
↑ 74.74%
Net Profit Margin
29.9%
↓ 12.31%
Q4 FY22Q/Q Change
Revenue
91.6M
↓ 28.67%
Net Income
11.5M
↓ 81.29%
Net Profit Margin
12.51%
↓ 35.19%
Q1 FY23Q/Q Change
Revenue
77.5M
↓ 15.39%
Net Income
35.1M
↑ 206.82%
Net Profit Margin
45.36%
↑ 32.85%
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%
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
↑ 0.67%
Q4 FY22Q/Q Change
Total Assets
11.6B
↓ 2.0%
Total Liabilities
9.7B
↓ 1.61%
Q1 FY23Q/Q Change
Total Assets
11.5B
↓ 0.72%
Total Liabilities
9.7B
↓ 0.67%
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%
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%
Q4 FY22Q/Q Change
Operating Cash Flow
217.0M
↑ 244.58%
Investing Cash Flow
-1.6B
↓ 1815.83%
Financing Cash Flow
-266.3M
↑ 235.23%
Q1 FY23Q/Q Change
Operating Cash Flow
-907.0K
↓ 100.42%
Investing Cash Flow
47.9M
↓ 103.08%
Financing Cash Flow
-97.3M
↓ 63.46%
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.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Ready Capital Corp.
Ready Capital Corp.
1.44%
-23.56%
-22.22%
-48.98%
-43.94%
Agnc Investment Corp
Agnc Investment Corp
0.46%
8.58%
14.52%
-4.26%
-3.37%
Agnc Investment Corp.
Agnc Investment Corp.
1.24%
-3.08%
-3.94%
-43.09%
-42.01%
Annaly Capital Management, Inc.
Annaly Capital Management, Inc.
2.62%
-2.49%
-1.62%
-45.68%
-45.86%
Agnc Investment Corp
Agnc Investment Corp
1.11%
5.62%
13.85%
-2.68%
0.04%
Agnc Investment Corp
Agnc Investment Corp
0.0%
1.1%
0.63%
-4.38%
-1.68%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Ready Capital Corp.
Ready Capital Corp.
5.64
5.64
NA
1.08
0.11
0.02
0.15
13.44
Agnc Investment Corp
Agnc Investment Corp
NA
NA
NA
0.0
0.09
0.01
0.06
9.64
Agnc Investment Corp.
Agnc Investment Corp.
10.31
10.31
17.55
2.16
0.09
0.01
0.15
9.64
Annaly Capital Management, Inc.
Annaly Capital Management, Inc.
4.75
NA
-3.61
2.65
-0.03
0.0
0.13
19.73
Agnc Investment Corp
Agnc Investment Corp
NA
NA
NA
0.0
0.09
0.01
0.1
9.64
Agnc Investment Corp
Agnc Investment Corp
NA
NA
NA
0.0
0.09
0.01
0.11
9.64
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Ready Capital Corp.
Ready Capital Corp.
Buy
$1.4B
-43.94%
5.64
74.08%
Agnc Investment Corp
Agnc Investment Corp
Buy
$6.5B
-3.37%
NA
88.43%
Agnc Investment Corp.
Agnc Investment Corp.
Buy
$7.1B
-42.01%
10.31
88.43%
Annaly Capital Management, Inc.
Annaly Capital Management, Inc.
Buy
$10.0B
-45.86%
4.75
0.0%
Agnc Investment Corp
Agnc Investment Corp
Buy
$9.0B
0.04%
NA
88.43%
Agnc Investment Corp
Agnc Investment Corp
Buy
$8.8B
-1.68%
NA
88.43%

Institutional Holdings

  • BlackRock Inc

    16.17%
  • Vanguard Group Inc

    6.50%
  • State Street Corporation

    3.66%
  • Waterfall Asset Management, LLC

    2.31%
  • Geode Capital Management, LLC

    2.12%
  • Amvescap Plc.

    1.81%

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