RC-PE
Ready Capital Corporation
Price Chart
Latest Quote
$12.50
+0.20 (+1.63%)
Current Price
| Previous Close | $12.30 |
| Open | $12.30 |
| Day High | $12.53 |
| Day Low | $12.22 |
| Volume | 2,967 |
Stock Information
| Quarterly Dividend / Yield | $1.63 / 13.00% |
| Quarterly Dividend Yield | 13.00% |
| Quarterly Dividend | $1.63 |
| Total Debt | $4.70B |
| Cash Equivalents | $205.34M |
| Revenue | $-238.20M |
| Net Income | $-513.88M |
| Sector | Real Estate |
| Industry | REIT - Mortgage |
| P/E Ratio | 5.66 |
| EPS (TTM) | $2.21 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $6.78B |
| Sales | $-238.20M |
| Income | $-513.88M |
| Book/sh | $8.79 |
| Employees | 400 |
Financial Ratios
| Quick Ratio | 4.04 |
| Current Ratio | 4.96 |
| Debt/Eq | 324.32 |
Returns & Margins
| ROA | -6.12% |
| ROE | -28.49% |
| Operating Margin | 162.65% |
Ownership
| Institutional Ownership | 8.17% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/B | 1.42 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $12.63 |
| SMA50 | $12.35 |
| SMA200 | $12.94 |
| RSI | 40.31 |
| ATR | 0.2600 |
| Shares Float | 145.64M |
| Short Ratio | 0.57 |
| Volatility | 1.49 |
| Rel Volume | 0.65 |
Performance History
| Week | +0.92% |
| Month | -3.10% |
| Quarter | +8.29% |
| 6 Months | -7.08% |
| YTD | -6.61% |
| Year | -10.86% |
| 3 Years | -9.25% |
| 5 Years | -24.62% |
| 10 Years | -24.97% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-16 | $12.50 | 2,967 |
| 2026-06-15 | $12.30 | 3,560 |
| 2026-06-12 | $12.40 | 8,496 |
| 2026-06-11 | $12.35 | 1,602 |
| 2026-06-10 | $12.60 | 3,368 |
| 2026-06-09 | $12.39 | 2,270 |
| 2026-06-08 | $12.50 | 8,349 |
| 2026-06-05 | $12.56 | 1,092 |
| 2026-06-04 | $12.56 | 5,560 |
| 2026-06-03 | $12.50 | 1,188 |
| 2026-06-02 | $12.69 | 2,313 |
| 2026-06-01 | $12.90 | 12,551 |
| 2026-05-29 | $12.74 | 3,232 |
| 2026-05-28 | $12.70 | 5,266 |
| 2026-05-27 | $12.85 | 8,817 |
| 2026-05-26 | $12.88 | 7,180 |
| 2026-05-22 | $12.93 | 796 |
| 2026-05-21 | $12.85 | 1,097 |
| 2026-05-20 | $12.80 | 3,648 |
| 2026-05-19 | $12.61 | 8,382 |
| 2026-05-18 | $13.01 | 12,859 |
About Ready Capital Corporation
Ready Capital Corporation operates as a real estate finance company in the United States. The company operates through two segments: LMM Commercial Real Estate and Small Business Lending. Its LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and originates, and services USDA loans, as well as small business loans. The company originates, acquires, finances, and services lower-to-middle-market (LLM) commercial real estate loans, small business administration (SBA) loans, residential mortgage loans, construction loans, USDA loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. 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.
đ° Latest News
Ready Capital (RC) Shares Stay Underperform at Keefe Bruyette Following Target Cut
Insider Monkey âĸ 2026-05-18T23:39:43Z
Ready Capital Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-14T12:09:29Z
Ready Capital (RC) Reports Q1 Loss, Misses Revenue Estimates
Zacks âĸ 2026-05-08T02:25:08Z
Waterfall Asset Management Takes Stake in National Storage Affiliates as Higher Rates Reshape REIT Growth
Motley Fool âĸ 2026-03-01T00:55:13Z
Ready Capital Q4 Earnings Call Highlights
MarketBeat âĸ 2026-02-28T22:05:42Z
Ready Capital Corp (RC) Q4 2025 Earnings Call Highlights: Navigating Challenges with Strategic ...
GuruFocus.com âĸ 2026-02-27T21:04:52ZReady Capital (RC) Q4 2025 Earnings Transcript
Motley Fool âĸ 2026-02-27T16:08:06Z
Ready Capital Corporation Q4 2025 Earnings Call Summary
Moby âĸ 2026-02-27T13:30:00Z
Ready Capital (RC) Reports Q4 Loss, Lags Revenue Estimates
Zacks âĸ 2026-02-27T00:40:04Z
Ready Capital: Q4 Earnings Snapshot
Associated Press Finance âĸ 2026-02-26T23:11:44Z
Period:
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $27,354,000 | $389,936,000 | $383,333,000 | $296,336,000 |
| Operating Revenue | $27,354,000 | $389,936,000 | $383,333,000 | $296,336,000 |
| Expenses | ||||
| Interest Expense | $696,455,000 | $716,468,000 | $392,360,000 | $204,368,000 |
| Selling And Marketing Expense | $2,005,000 | $1,120,000 | $706,000 | $1,341,000 |
| General And Administrative Expense | $96,735,000 | $95,149,000 | $87,156,000 | $70,396,000 |
| Professional Expense And Contract Services Expense | $26,887,000 | $34,738,000 | $17,302,000 | $13,388,000 |
| Other Non Interest Expense | $89,531,000 | $83,262,000 | $76,329,000 | $75,625,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-417,356,000 | $342,285,000 | $150,651,000 | $115,071,000 |
| Net Interest Income | $200,520,000 | $229,346,000 | $270,857,000 | $190,828,000 |
| Interest Income | $896,975,000 | $945,814,000 | $663,217,000 | $395,196,000 |
| Normalized Income | $-379,998,497 | $155,215,740 | $154,327,421 | $117,106,194 |
| Net Income From Continuing And Discontinued Operation | $-435,755,000 | $339,451,000 | $194,263,000 | $157,744,000 |
| Net Income Common Stockholders | $-443,751,000 | $331,454,000 | $186,267,000 | $150,241,000 |
| Net Income | $-435,755,000 | $339,451,000 | $194,263,000 | $157,744,000 |
| Net Income Including Noncontrolling Interests | $-430,398,000 | $348,411,000 | $203,163,000 | $159,974,000 |
| Net Income Discontinuous Operations | $-18,399,000 | $-2,834,000 | $43,612,000 | $42,673,000 |
| Net Income Continuous Operations | $-411,999,000 | $351,245,000 | $159,551,000 | $117,301,000 |
| Pretax Income | $-516,511,000 | $358,419,000 | $175,026,000 | $132,160,000 |
| Special Income Charges | $-46,834,000 | $190,887,000 | $-4,033,000 | $-2,293,000 |
| Other | ||||
| Tax Effect Of Unusual Items | $-9,476,497 | $3,817,740 | $-356,579 | $-257,806 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Total Unusual Items | $-46,834,000 | $190,887,000 | $-4,033,000 | $-2,293,000 |
| Total Unusual Items Excluding Goodwill | $-46,834,000 | $190,887,000 | $-4,033,000 | $-2,293,000 |
| Diluted NI Availto Com Stockholders | $-443,751,000 | $331,454,000 | $186,267,000 | $150,241,000 |
| Preferred Stock Dividends | $7,996,000 | $7,997,000 | $7,996,000 | $7,503,000 |
| Minority Interests | $-5,357,000 | $-8,960,000 | $-8,900,000 | $-2,230,000 |
| Tax Provision | $-104,512,000 | $7,174,000 | $15,475,000 | $14,859,000 |
| Write Off | $4,190,000 | $8,447,000 | $0 | $0 |
| Impairment Of Capital Assets | $56,503,000 | $8,638,000 | $4,033,000 | $2,293,000 |
| Restructuring And Mergern Acquisition | $-13,859,000 | $-207,972,000 | $0 | $0 |
| Gain On Sale Of Security | $-68,991,000 | $74,726,000 | $75,654,000 | $91,338,000 |
| Selling General And Administration | $98,740,000 | $96,269,000 | $87,862,000 | $71,737,000 |
| Salaries And Wages | $96,735,000 | $95,149,000 | $87,156,000 | $70,396,000 |
| Other Gand A | - | - | $22,400,000 | $16,347,000 |
Fetched: 2026-02-02
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $1,623,098,000 | $2,380,821,000 | $1,650,702,000 | $1,025,193,000 |
| Total Assets | $10,141,921,000 | $12,441,217,000 | $11,620,977,000 | $9,534,031,000 |
| Goodwill And Other Intangible Assets | $214,947,000 | $159,116,000 | $140,386,000 | $250,911,000 |
| Other Intangible Assets | $165,446,000 | $120,586,000 | $102,568,000 | $219,441,000 |
| Receivables | $247,619,000 | $249,050,000 | $67,754,000 | $82,772,000 |
| Other Receivables | $61,596,000 | $104,448,000 | $33,176,000 | $60,899,000 |
| Accounts Receivable | $186,023,000 | $144,602,000 | $34,578,000 | $21,873,000 |
| Cash And Cash Equivalents | $143,803,000 | $139,203,000 | $147,399,000 | $229,531,000 |
| Cash Cash Equivalents And Federal Funds Sold | $182,774,000 | $262,506,000 | $195,545,000 | $281,100,000 |
| Debt | ||||
| Net Debt | $5,873,563,000 | $7,096,692,000 | $6,530,363,000 | $4,698,971,000 |
| Total Debt | $6,035,172,000 | $7,244,100,000 | $6,679,540,000 | $4,931,504,000 |
| Long Term Debt And Capital Lease Obligation | $5,718,127,000 | $7,094,177,000 | $6,345,075,000 | $4,459,621,000 |
| Long Term Debt | $5,700,321,000 | $7,085,972,000 | $6,343,297,000 | $4,456,619,000 |
| Current Debt And Capital Lease Obligation | $317,045,000 | $149,923,000 | $334,465,000 | $471,883,000 |
| Current Debt | $317,045,000 | $149,923,000 | $334,465,000 | $471,883,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $8,206,179,000 | $9,802,816,000 | $9,730,743,000 | $8,253,433,000 |
| Derivative Product Liabilities | $352,000 | $212,000 | $1,319,000 | $410,000 |
| Payables And Accrued Expenses | $148,611,000 | $145,905,000 | $152,675,000 | $141,125,000 |
| Payables | $103,508,000 | $106,590,000 | $114,745,000 | $81,626,000 |
| Other Payable | $1,442,000 | $3,641,000 | $11,805,000 | $668,000 |
| Dividends Payable | $43,168,000 | $54,289,000 | $47,177,000 | $34,348,000 |
| Accounts Payable | $53,332,000 | $41,622,000 | $47,948,000 | $41,378,000 |
| Non Current Deferred Liabilities | - | $32,977,000 | $30,885,000 | $11,986,000 |
| Non Current Deferred Taxes Liabilities | - | $32,977,000 | $30,885,000 | $11,986,000 |
| Equity | ||||
| Common Stock Equity | $1,726,667,000 | $2,428,559,000 | $1,679,710,000 | $1,164,726,000 |
| Preferred Stock Equity | $111,378,000 | $111,378,000 | $111,378,000 | $111,378,000 |
| Total Equity Gross Minority Interest | $1,935,742,000 | $2,638,401,000 | $1,890,234,000 | $1,280,598,000 |
| Stockholders Equity | $1,838,045,000 | $2,539,937,000 | $1,791,088,000 | $1,276,104,000 |
| Gains Losses Not Affecting Retained Earnings | $-18,552,000 | $-17,860,000 | $-9,369,000 | $-5,733,000 |
| Other Equity Adjustments | $-18,552,000 | $-17,860,000 | $-9,369,000 | $-5,733,000 |
| Retained Earnings | $-505,089,000 | $124,413,000 | $4,994,000 | $8,598,000 |
| Preferred Securities Outside Stock Equity | $8,361,000 | $8,361,000 | $8,361,000 | $8,361,000 |
| Long Term Equity Investment | $161,561,000 | $133,321,000 | $118,641,000 | $141,148,000 |
| Other | ||||
| Preferred Shares Number | $4,935,000 | $4,935,000 | $4,935,000 | $4,935,000 |
| Ordinary Shares Number | $162,792,372 | $172,276,105 | $110,523,641 | $75,838,050 |
| Share Issued | $162,792,372 | $172,276,105 | $110,523,641 | $75,838,050 |
| Tangible Book Value | $1,511,720,000 | $2,269,443,000 | $1,539,324,000 | $913,815,000 |
| Invested Capital | $7,744,033,000 | $9,664,454,000 | $8,357,472,000 | $6,093,228,000 |
| Capital Lease Obligations | $17,806,000 | $8,205,000 | $1,778,000 | $3,002,000 |
| Total Capitalization | $7,538,366,000 | $9,625,909,000 | $8,134,385,000 | $5,732,723,000 |
| Minority Interest | $97,697,000 | $98,464,000 | $99,146,000 | $4,494,000 |
| Additional Paid In Capital | $2,250,291,000 | $2,321,989,000 | $1,684,074,000 | $1,161,853,000 |
| Capital Stock | $111,395,000 | $111,395,000 | $111,389,000 | $111,386,000 |
| Common Stock | $17,000 | $17,000 | $11,000 | $8,000 |
| Preferred Stock | $111,378,000 | $111,378,000 | $111,378,000 | $111,378,000 |
| Long Term Capital Lease Obligation | $17,806,000 | $8,205,000 | $1,778,000 | $3,002,000 |
| Long Term Provisions | $7,359,000 | $6,974,000 | $10,846,000 | $19,725,000 |
| Line Of Credit | $317,045,000 | $149,923,000 | $334,465,000 | $471,883,000 |
| Current Accrued Expenses | $45,103,000 | $39,315,000 | $37,930,000 | $59,499,000 |
| Investments And Advances | $288,377,000 | $272,626,000 | $6,706,748,000 | $4,386,208,000 |
| Held To Maturity Securities | $3,000,000 | $3,446,000 | $3,306,000 | $0 |
| Available For Sale Securities | $123,816,000 | $135,859,000 | $6,584,801,000 | $4,245,060,000 |
| Goodwill | $49,501,000 | $38,530,000 | $37,818,000 | $31,470,000 |
| Net PPE | $7,362,000 | $2,539,000 | $1,687,000 | $2,402,000 |
| Gross PPE | $7,362,000 | $2,539,000 | $1,687,000 | $2,402,000 |
| Other Properties | $7,362,000 | $2,539,000 | $1,687,000 | $2,402,000 |
| Non Current Deferred Revenue | - | - | - | $286,000 |
Fetched: 2026-02-02
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $274,815,000 | $51,130,000 | $359,148,000 | $-33,880,000 |
| Operating Activities | ||||
| Operating Cash Flow | $274,815,000 | $51,130,000 | $359,148,000 | $-33,880,000 |
| Cash From Discontinued Operating Activities | $-11,584,000 | $-7,865,000 | $85,413,000 | $55,461,000 |
| Cash Flow From Continuing Operating Activities | $286,399,000 | $58,995,000 | $273,735,000 | $-89,341,000 |
| Operating Gains Losses | $46,198,000 | $-63,424,000 | $-61,611,000 | $-151,391,000 |
| Investing Activities | ||||
| Investing Cash Flow | $1,535,017,000 | $1,019,444,000 | $-1,556,428,000 | $-1,718,405,000 |
| Cash From Discontinued Investing Activities | $100,045,000 | $-1,908,000 | $-4,897,000 | $-496,000 |
| Cash Flow From Continuing Investing Activities | $1,434,972,000 | $1,021,352,000 | $-1,551,531,000 | $-1,717,909,000 |
| Net Other Investing Changes | $51,297,000 | $56,487,000 | $-22,468,000 | $41,746,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-82,250,000 | $-18,108,000 | $-36,969,000 | $-109,374,000 |
| Issuance Of Capital Stock | $0 | $108,000 | $123,490,000 | $165,050,000 |
| Financing Cash Flow | $-1,879,780,000 | $-1,085,087,000 | $1,170,979,000 | $1,938,898,000 |
| Cash From Discontinued Financing Activities | $-40,632,000 | $48,220,000 | $-93,191,000 | - |
| Cash Flow From Continuing Financing Activities | $-1,839,148,000 | $-1,133,307,000 | $1,264,170,000 | $1,938,898,000 |
| Net Other Financing Charges | $-12,196,000 | $-41,216,000 | $-67,254,000 | $12,234,000 |
| Cash Dividends Paid | $-206,057,000 | $-215,089,000 | $-187,832,000 | $-111,924,000 |
| Common Stock Dividend Paid | $-206,057,000 | $-215,089,000 | $-187,832,000 | $-111,924,000 |
| Net Common Stock Issuance | $-82,250,000 | $-18,000,000 | $86,521,000 | $165,050,000 |
| Common Stock Issuance | $0 | $108,000 | $123,490,000 | $165,050,000 |
| Dividends Received Cfi | $13,593,000 | $7,573,000 | $154,226,000 | $18,307,000 |
| Net Preferred Stock Issuance | - | $0 | $0 | $-109,374,000 |
| Other | ||||
| Repayment Of Debt | $-3,857,819,000 | $-6,103,285,000 | $-8,939,317,000 | $-10,718,058,000 |
| Issuance Of Debt | $2,320,412,000 | $5,248,231,000 | $10,377,869,000 | $12,702,263,000 |
| Interest Paid Supplemental Data | $659,264,000 | $661,169,000 | $355,230,000 | $186,095,000 |
| End Cash Position | $182,774,000 | $262,506,000 | $273,604,000 | $276,230,000 |
| Other Cash Adjustment Outside Changein Cash | $-9,784,000 | $3,415,000 | $23,675,000 | - |
| Beginning Cash Position | $262,506,000 | $273,604,000 | $276,230,000 | $145,143,000 |
| Changes In Cash | $-69,948,000 | $-14,513,000 | $-26,301,000 | $123,407,000 |
| Proceeds From Stock Option Exercised | $-1,238,000 | $-3,948,000 | $-5,817,000 | $-1,293,000 |
| Common Stock Payments | $-82,250,000 | $-18,108,000 | $-36,969,000 | $0 |
| Net Issuance Payments Of Debt | $-1,537,407,000 | $-855,054,000 | $1,438,552,000 | $1,984,205,000 |
| Net Long Term Debt Issuance | $-1,537,407,000 | $-855,054,000 | $1,438,552,000 | $1,984,205,000 |
| Long Term Debt Payments | $-3,857,819,000 | $-6,103,285,000 | $-8,939,317,000 | $-10,718,058,000 |
| Long Term Debt Issuance | $2,320,412,000 | $5,248,231,000 | $10,377,869,000 | $12,702,263,000 |
| Net Investment Purchase And Sale | $-33,239,000 | $-17,267,000 | $-39,729,000 | $1,956,193,000 |
| Sale Of Investment | $0 | $8,059,000 | $88,510,000 | $2,015,907,000 |
| Purchase Of Investment | $-33,239,000 | $-25,326,000 | $-128,239,000 | $-59,714,000 |
| Net Business Purchase And Sale | $-44,366,000 | $38,710,000 | $123,566,000 | $-11,536,000 |
| Purchase Of Business | $-44,366,000 | - | - | $-11,536,000 |
| Interest Paid Cfo | $-77,573,000 | $-42,148,000 | $0 | - |
| Change In Working Capital | $-134,792,000 | $-82,962,000 | $-35,696,000 | $-36,879,000 |
| Change In Other Working Capital | $5,234,000 | $12,369,000 | $56,898,000 | $-63,430,000 |
| Change In Other Current Assets | $-119,760,000 | $-87,996,000 | $-39,196,000 | $5,021,000 |
| Change In Payables And Accrued Expense | $-22,214,000 | $13,978,000 | $-67,504,000 | $3,661,000 |
| Change In Receivables | $1,948,000 | $-21,313,000 | $14,106,000 | $17,869,000 |
| Other Non Cash Items | $312,561,000 | $-193,782,000 | $183,215,000 | $10,168,000 |
| Stock Based Compensation | $8,119,000 | $7,550,000 | $7,495,000 | $6,920,000 |
| Unrealized Gain Loss On Investment Securities | $15,086,000 | $-8,867,000 | $-23,484,000 | $-23,166,000 |
| Asset Impairment Charge | $56,503,000 | $8,638,000 | $4,033,000 | $2,293,000 |
| Earnings Losses From Equity Investments | $-7,702,000 | $2,933,000 | $-9,328,000 | $1,122,000 |
| Gain Loss On Investment Securities | $53,900,000 | $-66,357,000 | $-52,283,000 | $-68,881,000 |
| Net Income From Continuing Operations | $-411,999,000 | $351,245,000 | $159,551,000 | $117,301,000 |
| Income Tax Paid Supplemental Data | - | $2,008,000 | $29,164,000 | $13,375,000 |
| Cash Flow From Discontinued Operation | - | $48,220,000 | $-93,191,000 | $-63,206,000 |
| Preferred Stock Payments | - | $0 | $0 | $-109,374,000 |
| Net Investment Properties Purchase And Sale | - | $-12,463,000 | $-10,972,000 | $0 |
| Purchase Of Investment Properties | - | $-12,463,000 | $-10,972,000 | $0 |
| Sale Of Business | - | $38,710,000 | $123,566,000 | $0 |
| Changes In Account Receivables | - | $-10,226,000 | $-3,731,000 | $8,140,000 |
| Net Intangibles Purchase And Sale | - | - | - | $0 |
| Purchase Of Intangibles | - | - | - | $0 |
Fetched: 2026-02-02