In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Ready Capital Corp (NYSE: RC) closed at $4.35 down -2.03% from its previous closing price of $4.44. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 1.71 million shares were traded. RC stock price reached its highest trading level at $4.46 during the session, while it also had its lowest trading level at $4.33.
Ratios:
For a deeper understanding of Ready Capital Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 3.83 whereas as Long-Term Debt/Eq ratio is at 3.72.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 745559488 and an Enterprise Value of 8333247488. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at -75.174.
Stock Price History:
The Beta on a monthly basis for RC is 1.52, which has changed by -0.53023756 over the last 52 weeks, in comparison to a change of 0.10611236 over the same period for the S&P500. Over the past 52 weeks, RC has reached a high of $9.53, while it has fallen to a 52-week low of $3.92. The 50-Day Moving Average of the stock is -1.26%, while the 200-Day Moving Average is calculated to be -26.57%.
Shares Statistics:
For the past three months, RC has traded an average of 2.27M shares per day and 2166940 over the past ten days. A total of 172.51M shares are outstanding, with a floating share count of 168.14M. Insiders hold about 1.39% of the company’s shares, while institutions hold 64.29% stake in the company. Shares short for RC as of 1749772800 were 32786340 with a Short Ratio of 14.15, compared to 1747267200 on 30920485. Therefore, it implies a Short% of Shares Outstanding of 32786340 and a Short% of Float of 23.21.
Dividends & Splits
According to the company, the forward annual dividend rate for RC is 0.75, from 0.925 in the trailing year. Against a Trailing Annual Dividend Yield of 0.20833333The stock’s 5-year Average Dividend Yield is 12.86.