Ready Capital Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $18.62
- Today's High:
- $19
- Open Price:
- $19
- 52W Low:
- $16.0831
- 52W High:
- $19.8519
- Prev. Close:
- $19.03
- Volume:
- 18378
Company Statistics
- Market Cap.:
- $0
- Book Value:
- 14.516
- Revenue TTM:
- $454.19 million
- Operating Margin TTM:
- 37.47%
- Gross Profit TTM:
- $470.58 million
- Profit Margin:
- 78.98%
- Return on Assets TTM:
- 3.05%
- Return on Equity TTM:
- 15.82%
Company Profile
Ready Capital Corporation had its IPO on under the ticker symbol RC-PE.
The company operates in the Real Estate sector and REIT-Mortgage industry. Ready Capital Corporation has a staff strength of 582 employees.
Stock update
Shares of Ready Capital Corporation opened at $19 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $18.62 - $19, and closed at $18.8.
This is a -1.21% slip from the previous day's closing price.
A total volume of 18,378 shares were traded at the close of the day’s session.
In the last one week, shares of Ready Capital Corporation have slipped by -3.59%.
Ready Capital Corporation's Key Ratios
Ready Capital Corporation has a market cap of $0, indicating a price to book ratio of 0 and a price to sales ratio of 0.
In the last 12-months Ready Capital Corporation’s revenue was $454.19 million with a gross profit of $470.58 million and an EBITDA of $0. The EBITDA ratio measures Ready Capital Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Ready Capital Corporation’s operating margin was 37.47% while its return on assets stood at 3.05% with a return of equity of 15.82%.
In Q2, Ready Capital Corporation’s quarterly earnings growth was a positive 292.5% while revenue growth was a negative 13.9%.
Ready Capital Corporation’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 8.8315
- PEG
Its diluted EPS in the last 12-months stands at $2.208 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ready Capital Corporation’s profitability.
Ready Capital Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.
Ready Capital Corporation stock pays annual dividends of $1.62 per share, indicating a yield of 8.39% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $12.38 billion
- Total Liabilities
- $159.65 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 0%
Ready Capital Corporation ended 2024 with $12.38 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $12.38 billion while shareholder equity stood at $2.60 billion.
Ready Capital Corporation ended 2024 with $0 in deferred long-term liabilities, $159.65 million in other current liabilities, 17000.00 in common stock, $187.14 million in retained earnings and $37.82 million in goodwill. Its cash balance stood at $227.50 million and cash and short-term investments were $227.50 million. The company’s total short-term debt was $459,183,000 while long-term debt stood at $9.29 billion.
Ready Capital Corporation’s total current assets stands at $240.42 million while long-term investments were $159.72 million and short-term investments were $0. Its net receivables were $12.92 million compared to accounts payable of $159.65 million and inventory worth $0.
In 2024, Ready Capital Corporation's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Ready Capital Corporation paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $18.8
- 52-Week High
- $19.8519
- 52-Week Low
- $16.0831
- Analyst Target Price
- $
Ready Capital Corporation stock is currently trading at $18.8 per share. It touched a 52-week high of $19.8519 and a 52-week low of $19.8519. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $19.07 and 200-day moving average was $18.38 The short ratio stood at 0.19 indicating a short percent outstanding of 0%.
Around 0% of the company’s stock are held by insiders while 946.6% are held by institutions.
Frequently Asked Questions About Ready Capital Corporation
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About
Ready Capital Corporation operates as a real estate finance company in the United States. The company originates, acquires, finances, and services small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, construction loans, and mortgage-backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking. The SBC Lending and Acquisitions segment originates SBC loans across the full life-cycle of an SBC property, including construction, bridge, stabilized, and agency channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program. The Residential Mortgage Banking segment originates residential mortgage loans. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.