Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Ready Capital Corp (NYSE: RC) closed at $3.24 in the last session, down -1.22% from day before closing price of $3.28. In other words, the price has decreased by -$1.22 from its previous closing price. On the day, 2.42 million shares were traded. RC stock price reached its highest trading level at $3.285 during the session, while it also had its lowest trading level at $3.2.
Ratios:
We take a closer look at RC’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 534373984 and an Enterprise Value of 7757437440. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at -61.074.
Stock Price History:
The Beta on a monthly basis for RC is 1.52, which has changed by -0.53846157 over the last 52 weeks, in comparison to a change of 0.13837254 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 $3.26. The 50-Day Moving Average of the stock is -17.96%, while the 200-Day Moving Average is calculated to be -33.02%.
Shares Statistics:
According to the various share statistics, RC traded on average about 2.21M shares per day over the past 3-months and 2594670 shares per day over the past 10 days. 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 67.79% stake in the company. Shares short for RC as of 1759190400 were 26494806 with a Short Ratio of 11.99, 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
The forward annual dividend rate for RC is 0.62, which was 0.75 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.22865854. The stock’s 5-year Average Dividend Yield is 12.98.
Earnings Estimates
The dynamic stock of Ready Capital Corp (RC) is currently attracting attention from 7.0 analysts actively involved in rating its market status.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
According to 3 analysts,. The current quarter’s revenue is expected to be $148.54M. 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.
