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The price of Ready Capital Corp (NYSE: RC) closed at $7.69 in the last session, down -3.39% from day before closing price of $7.96. In other words, the price has decreased by -$3.39 from its previous closing price. On the day, 2.38 million shares were traded. RC stock price reached its highest trading level at $7.95 during the session, while it also had its lowest trading level at $7.69.
Ratios:
We take a closer look at RC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 116.65. In the meantime, Its Debt-to-Equity ratio is 3.78 whereas as Long-Term Debt/Eq ratio is at 3.64.
Keefe Bruyette Downgraded its Mkt Perform to Underperform on March 04, 2024, whereas the target price for the stock was revised from $10 to $8.
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 May 24 ’24 when NATHAN GILBERT E bought 10,000 shares for $8.29 per share. The transaction valued at 82,860 led to the insider holds 95,249 shares of the business.
NATHAN GILBERT E bought 7,000 shares of RC for $63,832 on Mar 22 ’24. The Director now owns 7,000 shares after completing the transaction at $9.12 per share. On Mar 22 ’24, another insider, NATHAN GILBERT E, who serves as the Director of the company, bought 2,150 shares for $9.13 each. As a result, the insider paid 19,629 and bolstered with 85,249 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 1302993664 and an Enterprise Value of 10094233600. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 44.643.
Stock Price History:
Over the past 52 weeks, RC has reached a high of $11.67, while it has fallen to a 52-week low of $7.52. The 50-Day Moving Average of the stock is -9.76%, while the 200-Day Moving Average is calculated to be -13.94%.
Shares Statistics:
According to the various share statistics, RC traded on average about 1.79M shares per day over the past 3-months and 2756130 shares per day over the past 10 days. A total of 172.28M shares are outstanding, with a floating share count of 166.58M. Insiders hold about 0.97% of the company’s shares, while institutions hold 57.78% stake in the company. Shares short for RC as of 1724976000 were 17287855 with a Short Ratio of 9.86, compared to 1722384000 on 11936914. Therefore, it implies a Short% of Shares Outstanding of 17287855 and a Short% of Float of 12.44.
Dividends & Splits
The forward annual dividend rate for RC is 1.26, which was 1.26 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.15829146The stock’s 5-year Average Dividend Yield is 12.51.
