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How to buy Ready Capital (RC) stocks
Learn how to easily invest in Ready Capital stocks.
Ready Capital is a reit-mortgage business based in the US. Ready Capital stocks (RC.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $14.93 – a decrease of 3.13% over the previous week. Ready Capital employs 582 staff and has a trailing 12-month revenue of around $472.5 million.
How to buy Ready Capital stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – RC. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Ready Capital?
- Has coronavirus impacted Ready Capital shares?
- Ready Capital shares summary
- Compare share dealing platforms
- Is Ready Capital stock a buy or sell?
- Ready Capital performance over time
- Are Ready Capital shares over-valued?
- Ready Capital's financials
- How volatile are Ready Capital shares?
- Does Ready Capital pay a dividend?
- Other common questions
Ready Capital stock price (NYSE:RC)Use our graph to track the performance of RC stocks over time.
Ready Capital shares at a glance
|Latest market close||$10.52|
|52-week range||$8.75 - $12.64|
|50-day moving average||$10.24|
|200-day moving average||$11.75|
|Wall St. target price||$12.63|
|Dividend yield||$1.64 (11.41%)|
|Earnings per share (TTM)||$1.29|
Buy Ready Capital stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Ready Capital 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.
Ready Capital price performance over time
Historical closes compared with the close of $10.52 from 2023-05-26
|1 week (2023-05-24)||-1.77%|
|1 month (2023-05-01)||0.19%|
|3 months (2023-03-03)||-5.90%|
|6 months (2022-12-01)||-21.61%|
|1 year (2022-05-31)||-28.34%|
|2 years (2021-05-28)||-30.88%|
|3 years (2020-05-29)||79.22%|
|5 years (2018-05-31)||15.6|
Is Ready Capital stock undervalued or overvalued?
Valuing Ready Capital stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ready Capital's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ready Capital's P/E ratio
Ready Capital's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Ready Capital shares trade at around 8x 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 financials
|Revenue TTM||$472.5 million|
|Operating margin TTM||41.74%|
|Gross profit TTM||$470.6 million|
|Return on assets TTM||1.53%|
|Return on equity TTM||9.12%|
|Market capitalisation||$1.2 billion|
TTM: trailing 12 months
Ready Capital share dividends
Dividend payout ratio: 91.36% of net profits
Recently Ready Capital has paid out, on average, around 91.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 11.41% 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 shareholders could enjoy a 11.41% return on their shares, in the form of dividend payments. In Ready Capital's case, that would currently equate to about $1.64 per share.
Ready Capital'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's most recent dividend payout was on 31 July 2023. The latest dividend was paid out to all shareholders who bought their shares by 26 May 2023 (the "ex-dividend date").
Ready Capital share price volatility
Over the last 12 months, Ready Capital's shares have ranged in value from as little as $8.7548 up to $12.6366. 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's is 1.4426. This would suggest that Ready Capital's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Ready Capital overview
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.
Stocks similar to Ready Capital
Ready Capital in the news
Ready Capital Corporation Stockholders Approve Issuance of Common Stock in Merger with Broadmark Realty Capital Inc.
Ready Capital’s Red Stone Announces Grand Opening of Two Buildings to House Formerly Homeless Veterans
IBUSINESS FUNDING AQUIRES SELECT NON-SBA ASSETS AND TALENT FROM FOUNTAINHEAD SBF LLC
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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