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.
After finishing at $5.16 in the prior trading day, Ready Capital Corp (NYSE: RC) closed at $5.08, down -1.55%. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 1.33 million shares were traded. RC stock price reached its highest trading level at $5.17 during the session, while it also had its lowest trading level at $5.08.
Ratios:
Our goal is to gain a better understanding of RC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 4.16 whereas as Long-Term Debt/Eq ratio is at 4.00.
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 898103360 and an Enterprise Value of 8673356800. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at -38.674.
Stock Price History:
The Beta on a monthly basis for RC is 1.27, which has changed by -0.44052863 over the last 52 weeks, in comparison to a change of 0.08190584 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 $4.74. The 50-Day Moving Average of the stock is -19.10%, while the 200-Day Moving Average is calculated to be -32.12%.
Shares Statistics:
The stock has traded on average 2.68M shares per day over the past 3-months and 2591000 shares per day over the last 10 days, according to various share statistics. A total of 162.79M shares are outstanding, with a floating share count of 160.89M. Insiders hold about 1.39% of the company’s shares, while institutions hold 66.01% stake in the company. Shares short for RC as of 1740700800 were 26449150 with a Short Ratio of 9.88, compared to 1738281600 on 23266522. Therefore, it implies a Short% of Shares Outstanding of 26449150 and a Short% of Float of 19.759999999999998.
Dividends & Splits
In the trailing 12 months, RC’s forward annual dividend rate was 1.1, compared to 1.10 this year. Against a Trailing Annual Dividend Yield of 0.2131783The stock’s 5-year Average Dividend Yield is 13.08.
Earnings Estimates
At present, 6.0 analysts are actively evaluating the performance of Ready Capital Corp (RC) in the stock market.The consensus estimate for the next quarter is $0.16, with high estimates of $0.18 and low estimates of $0.13.
Analysts are recommending an EPS of between $0.75 and $0.56 for the fiscal current year, implying an average EPS of $0.65. EPS for the following year is $0.74, with 6.0 analysts recommending between $0.84 and $0.48.
Revenue Estimates
5 analysts predict $207.66M in revenue for the current quarter. It ranges from a high estimate of $244.32M to a low estimate of $189M. As of the current estimate, Ready Capital Corp’s year-ago sales were $232.35MFor the next quarter, 5 analysts are estimating revenue of $207.08M. There is a high estimate of $250.99M for the next quarter, whereas the lowest estimate is $184.4M.
A total of 5 analysts have provided revenue estimates for RC’s current fiscal year. The highest revenue estimate was $1.02B, while the lowest revenue estimate was $743.1M, resulting in an average revenue estimate of $836.22M. In the same quarter a year ago, actual revenue was $896.98MBased on 4 analysts’ estimates, the company’s revenue will be $924.58M in the next fiscal year. The high estimate is $1.14B and the low estimate is $767.2M.
