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After finishing at $3.37 in the prior trading day, Ready Capital Corp (NYSE: RC) closed at $3.4, up 0.89%. In other words, the price has increased by $0.89 from its previous closing price. On the day, 2.77 million shares were traded. RC stock price reached its highest trading level at $3.435 during the session, while it also had its lowest trading level at $3.305.
Ratios:
Our goal is to gain a better understanding of RC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 3.85 whereas as Long-Term Debt/Eq ratio is at 3.73.
On January 07, 2025, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $12 to $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’25 when Ahlborn Andrew bought 10,000 shares for $5.04 per share. The transaction valued at 50,395 led to the insider holds 310,808 shares of the business.
NATHAN GILBERT E bought 5,000 shares of RC for $25,590 on Mar 10 ’25. The Director now owns 118,106 shares after completing the transaction at $5.12 per share. On Mar 10 ’25, another insider, Taylor Gary, who serves as the Chief Operating Officer of the company, bought 10,000 shares for $5.23 each. As a result, the insider paid 52,300 and bolstered with 211,097 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RC now has a Market Capitalization of 558712704 and an Enterprise Value of 7783729664. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at -61.281.
Stock Price History:
The Beta on a monthly basis for RC is 1.51, which has changed by -0.53741497 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, RC has reached a high of $7.64, while it has fallen to a 52-week low of $3.34. The 50-Day Moving Average of the stock is -15.08%, while the 200-Day Moving Average is calculated to be -30.53%.
Shares Statistics:
The stock has traded on average 2.18M shares per day over the past 3-months and 2616290 shares per day over the last 10 days, according to various share statistics. A total of 164.33M shares are outstanding, with a floating share count of 151.11M. Insiders hold about 8.04% of the company’s shares, while institutions hold 67.80% stake in the company. Shares short for RC as of 1759190400 were 26494806 with a Short Ratio of 12.17, compared to 1756425600 on 28521265. Therefore, it implies a Short% of Shares Outstanding of 26494806 and a Short% of Float of 19.610001.
Dividends & Splits
In the trailing 12 months, RC’s forward annual dividend rate was 0.75, compared to 0.62 this year. Against a Trailing Annual Dividend Yield of 0.22255194. The stock’s 5-year Average Dividend Yield is 12.98.
Earnings Estimates
Its stock is currently analyzed by 7.0 different market analysts. The consensus estimate for the next quarter is $0.0, with high estimates of $0.23 and low estimates of -$0.24.
Analysts are recommending an EPS of between $0.75 and -$1.72 for the fiscal current year, implying an average EPS of -$0.42. EPS for the following year is $0.0, with 6.0 analysts recommending between $0.53 and -$1.0.
Revenue Estimates
3 analysts predict $148.54M in revenue for . The current quarter. It ranges from a high estimate of $149.7M to a low estimate of $146.7M. As of . The current estimate, Ready Capital Corp’s year-ago sales were $226.54MFor the next quarter, 3 analysts are estimating revenue of $151.26M. There is a high estimate of $157.2M for the next quarter, whereas the lowest estimate is $145.1M.
A total of 3 analysts have provided revenue estimates for RC’s current fiscal year. The highest revenue estimate was $608.41M, while the lowest revenue estimate was $474.1M, resulting in an average revenue estimate of $560.71M. In the same quarter a year ago, actual revenue was $896.98MBased on 4 analysts’ estimates, the company’s revenue will be $621.24M in the next fiscal year. The high estimate is $709.5M and the low estimate is $543.9M.
