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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.
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| 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 |
| PE ratio | 8.155 |
| Dividend yield | $1.64 (11.41%) |
| Earnings per share (TTM) | $1.29 |
Note: The dollar amounts in the table below are in Canadian dollars.
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.
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 |
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.
| 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% |
| Profit margin | 35.12% |
| Book value | $15.07 |
| Market capitalisation | $1.2 billion |
TTM: trailing 12 months
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").
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 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.
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