Ready Capital Corporation is a reit-mortgage business based in the US. Ready Capital Corporation shares (RC) are listed on the NYSE and all prices are listed in US Dollars. Ready Capital Corporation employs 500 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Ready Capital Corporation
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- Research the stock. Find the stock by name or ticker symbol – RC – and research it before deciding if it's a good investment for you.
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- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Ready Capital Corporation stock price (NYSE: RC)Use our graph to track the performance of RC stocks over time.
Ready Capital Corporation shares at a glance
|Latest market close||$15.22|
|52-week range||$7.03 - $16.35|
|50-day moving average||$15.68|
|200-day moving average||$14.16|
|Wall St. target price||$16.71|
|Dividend yield||$1.3 (8.7%)|
|Earnings per share (TTM)||$2.22|
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Is it a good time to buy Ready Capital Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Ready Capital Corporation price performance over time
|1 week (2021-07-21)||N/A|
|1 month (2021-07-01)||-5.70%|
|3 months (2021-04-30)||4.89%|
|6 months (2021-01-28)||N/A|
|1 year (2020-07-28)||N/A|
|2 years (2019-07-28)||N/A|
|3 years (2018-07-28)||N/A|
|5 years (2016-07-28)||N/A|
Is Ready Capital Corporation under- or over-valued?
Valuing Ready Capital Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ready Capital Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ready Capital Corporation's P/E ratio
Ready Capital Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Ready Capital Corporation shares trade at around 7x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Ready Capital Corporation financials
|Revenue TTM||$512.6 million|
|Operating margin TTM||31.08%|
|Gross profit TTM||$261.2 million|
|Return on assets TTM||1.91%|
|Return on equity TTM||12.82%|
|Market capitalisation||$1.1 billion|
TTM: trailing 12 months
Shorting Ready Capital Corporation shares
There are currently 1.6 million Ready Capital Corporation shares held short by investors – that's known as Ready Capital Corporation's "short interest". This figure is 0.1% down from 1.6 million last month.
There are a few different ways that this level of interest in shorting Ready Capital Corporation shares can be evaluated.
Ready Capital Corporation's "short interest ratio" (SIR)
Ready Capital Corporation's "short interest ratio" (SIR) is the quantity of Ready Capital Corporation shares currently shorted divided by the average quantity of Ready Capital Corporation shares traded daily (recently around 476970.50147493). Ready Capital Corporation's SIR currently stands at 3.39. In other words for every 100,000 Ready Capital Corporation shares traded daily on the market, roughly 3390 shares are currently held short.
However Ready Capital Corporation's short interest can also be evaluated against the total number of Ready Capital Corporation shares, or, against the total number of tradable Ready Capital Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Ready Capital Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Ready Capital Corporation shares in existence, roughly 20 shares are currently held short) or 0.0283% of the tradable shares (for every 100,000 tradable Ready Capital Corporation shares, roughly 28 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Ready Capital Corporation.
Find out more about how you can short Ready Capital Corporation stock.
Ready Capital Corporation share dividends
Dividend payout ratio: 53.42% of net profits
Recently Ready Capital Corporation has paid out, on average, around 53.42% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 11.24% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ready Capital Corporation shareholders could enjoy a 11.24% return on their shares, in the form of dividend payments. In Ready Capital Corporation's case, that would currently equate to about $1.3 per share.
Ready Capital Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Ready Capital Corporation's most recent dividend payout was on 29 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 June 2021 (the "ex-dividend date").
Ready Capital Corporation share price volatility
Over the last 12 months, Ready Capital Corporation's shares have ranged in value from as little as $7.0325 up to $16.3468. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Ready Capital Corporation's is 1.1703. This would suggest that Ready Capital Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Ready Capital Corporation overview
Ready Capital Corporation, together with its subsidiaries, 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 residential mortgage loans through retail, correspondent, and broker channels.
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Frequently asked questionsWhat percentage of Ready Capital Corporation is owned by insiders or institutions?
Currently 1.784% of Ready Capital Corporation shares are held by insiders and 64.264% by institutions. How many people work for Ready Capital Corporation?
Latest data suggests 500 work at Ready Capital Corporation. When does the fiscal year end for Ready Capital Corporation?
Ready Capital Corporation's fiscal year ends in December. Where is Ready Capital Corporation based?
Ready Capital Corporation's address is: 1251 Avenue of the Americas, New York, NY, United States, 10020 What is Ready Capital Corporation's ISIN number?
Ready Capital Corporation's international securities identification number is: US75574U1016 What is Ready Capital Corporation's CUSIP number?
Ready Capital Corporation's Committee on Uniform Securities Identification Procedures number is: 75574U101
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