Ready Capital Corp (RC) Closing at $2.45 on Wednesday

Nora Barnes

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 3.18 million shares were traded. RC stock price reached its highest trading level at $2.5 during the session, while it also had its lowest trading level at $2.37.

Ratios:

Our analysis of RC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 2.75. In the meantime, Its Debt-to-Equity ratio is 3.45 whereas as Long-Term Debt/Eq ratio is at 3.37.

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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 404079104 and an Enterprise Value of 6735733248. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.24. Its current Enterprise Value per Revenue stands at -62.854.

Stock Price History:

The Beta on a monthly basis for RC is 1.48, which has changed by -0.66621256 over the last 52 weeks, in comparison to a change of 0.13042927 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 $2.32. The 50-Day Moving Average of the stock is -17.02%, while the 200-Day Moving Average is calculated to be -40.21%.

Shares Statistics:

RC traded an average of 2.69M shares per day over the past three months and 2996110 shares per day over the past ten days. A total of 161.83M shares are outstanding, with a floating share count of 146.16M. Insiders hold about 9.85% of the company’s shares, while institutions hold 62.04% stake in the company. Shares short for RC as of 1764288000 were 27976521 with a Short Ratio of 10.40, compared to 1761868800 on 26269593. Therefore, it implies a Short% of Shares Outstanding of 27976521 and a Short% of Float of 21.049999.

Dividends & Splits

With its trailing 12-month dividend rate of 0.625, RC has a forward annual dividend rate of 0.62. Against a Trailing Annual Dividend Yield of 0.25510204. The stock’s 5-year Average Dividend Yield is 13.38.

Earnings Estimates

The performance of Ready Capital Corp (RC) in the stock market is under the watchful eye of 6.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.05, with high estimates of $0.0 and low estimates of -$0.11.

Analysts are recommending an EPS of between -$0.16 and -$1.53 for the fiscal current year, implying an average EPS of -$0.96. EPS for the following year is $0.03, with 4.0 analysts recommending between $0.22 and -$0.12.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 3 analysts. It ranges from a high estimate of $154M to a low estimate of $123.1M. As of. The current estimate, Ready Capital Corp’s year-ago sales were $203.97MFor the next quarter, 3 analysts are estimating revenue of $123.75M. There is a high estimate of $130.3M for the next quarter, whereas the lowest estimate is $117.2M.

A total of 2 analysts have provided revenue estimates for RC’s current fiscal year. The highest revenue estimate was $568.3M, while the lowest revenue estimate was $458.7M, resulting in an average revenue estimate of $513.5M. In the same quarter a year ago, actual revenue was $896.98MBased on 3 analysts’ estimates, the company’s revenue will be $535.16M in the next fiscal year. The high estimate is $646.57M and the low estimate is $440.1M.

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