Symbols / RC Stock $1.86 +2.76% Ready Capital Corporation

Real Estate • REIT - Mortgage • United States • NYQ
RC (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Mortgage
CEO Mr. Thomas Edward Capasse
Exch · Country NYQ · United States
Market Cap 302.95M
Enterprise Value 6.26B
Income -232.37M
Sales -58.02M
FCF (ttm) —
Book/sh 8.79
Cash/sh 1.32
Employees 442
Insider 10d —
IPO Feb 08, 2013
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 91.28%
P/E —
Forward P/E -4.77
PEG 2.74
P/S -5.22
P/B 0.21
P/C —
EV/EBITDA —
EV/Sales -107.98
Quick Ratio 6.02
Current Ratio 7.52
Debt/Eq 360.71
LT Debt/Eq —
EPS (ttm) -1.41
EPS next Y -0.39
EPS Growth —
Revenue Growth —
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-07
Earnings (prior) 2026-02-26
ROA -2.41%
ROE -12.01%
ROIC —
Gross Margin 0.00%
Oper. Margin 160.31%
Profit Margin 0.00%
Shs Outstand 162.88M
Shs Float 143.23M
Insider Own 11.00%
Instit Own 62.48%
Short Float 17.05%
Short Ratio 12.08
Short Interest 22.78M
52W High 4.75
vs 52W High -60.84%
52W Low 1.50
vs 52W Low 24.00%
Beta 1.50
Impl. Vol. 37.73%
Rel Volume 0.36
Avg Volume 2.30M
Volume 816.62K
Target (mean) $1.80
Tgt Median $1.80
Tgt Low $1.60
Tgt High $2.00
# Analysts 2
Recom None
Prev Close $1.81
Price $1.86
Change 2.76%
About

Ready Capital Corporation operates as a real estate finance company in the United States. The company operates through two segments: LMM Commercial Real Estate and Small Business Lending. Its LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and originates, and services USDA loans, as well as small business loans. The company originates, acquires, finances, and services lower-to-middle-market (LLM) commercial real estate loans, small business administration (SBA) loans, residential mortgage loans, construction loans, USDA loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$1.80
Mean price target
2. Current target
$1.86
Latest analyst target
3. DCF / Fair value
$1.80
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$1.86
Low
$1.60
High
$2.00
Mean
$1.80

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-02 main Piper Sandler Neutral → Neutral $2
2025-12-22 main Piper Sandler Neutral → Neutral $3
2025-11-14 main UBS Neutral → Neutral $3
2025-11-12 main Keefe, Bruyette & Woods Underperform → Underperform $3
2025-10-14 main UBS Neutral → Neutral $4
2025-10-09 main Keefe, Bruyette & Woods Underperform → Underperform $4
2025-08-20 main UBS Neutral → Neutral $4
2025-08-12 main Keefe, Bruyette & Woods Underperform → Underperform $4
2025-08-11 main B. Riley Securities Neutral → Neutral $4
2025-07-10 main Keefe, Bruyette & Woods Underperform → Underperform $4
2025-05-21 main UBS Neutral → Neutral $5
2025-05-13 main Keefe, Bruyette & Woods Underperform → Underperform $4
2025-04-16 main UBS Neutral → Neutral $5
2025-03-14 main UBS Neutral → Neutral $5
2025-03-05 main Keefe, Bruyette & Woods Underperform → Underperform $4
2025-01-14 main Keefe, Bruyette & Woods Underperform → Underperform $6
2025-01-07 down B. Riley Securities Buy → Neutral $10
2024-12-12 main JMP Securities Market Outperform → Market Outperform $10
2024-11-15 main UBS Neutral → Neutral $8
2024-09-16 main Piper Sandler Neutral → Neutral $8
News
RSS: Latest RC news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-06 NATHAN GILBERT E Director — 40,000 $1.95 $78,610
2026-03-05 NATHAN GILBERT E Director — 58,252 $0.00 $0
2026-03-05 SINAI TODD M Director — 58,252 $0.00 $0
2026-03-05 REESE J MITCHELL Director — 58,252 $0.00 $0
2026-03-05 MIELLE DOMINIQUE Director — 58,252 $0.00 $0
2026-03-05 AHLBORN ANDREW Chief Financial Officer — 891,262 $0.00 $0
2026-03-05 MARSHALL MEREDITH Director — 58,252 $0.00 $0
2026-03-05 SCALI DOMINICK Officer — 544,175 $0.00 $0
2025-03-12 AHLBORN ANDREW Chief Financial Officer — 10,000 $5.04 $50,395
2025-03-10 NATHAN GILBERT E Director — 5,000 $5.12 $25,590
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
-23.70
-148.05%
49.33
-87.60%
397.85
+3.79%
383.33
Operating Revenue
-23.70
-148.05%
49.33
-87.60%
397.85
+3.79%
383.33
Selling General And Administration
108.74
+10.12%
98.74
+2.57%
96.27
+9.57%
87.86
Selling And Marketing Expense
1.32
-33.97%
2.00
+79.02%
1.12
+58.64%
0.71
General And Administrative Expense
107.41
+11.04%
96.73
+1.67%
95.15
+9.17%
87.16
Salaries And Wages
107.41
+11.04%
96.73
+1.67%
95.15
+9.17%
87.16
Other Gand A
—
—
—
22.40
Reconciled Depreciation
2.81
0.00
0.00
—
Total Unusual Items
85.37
+282.29%
-46.83
-124.53%
190.89
+4833.13%
-4.03
Total Unusual Items Excluding Goodwill
85.37
+282.29%
-46.83
-124.53%
190.89
+4833.13%
-4.03
Special Income Charges
85.37
+282.29%
-46.83
-124.53%
190.89
+4833.13%
-4.03
Impairment Of Capital Assets
23.50
-58.40%
56.50
+554.12%
8.64
+114.18%
4.03
Restructuring And Mergern Acquisition
-109.55
-690.45%
-13.86
+93.34%
-207.97
0.00
Write Off
0.67
-83.91%
4.19
-50.40%
8.45
0.00
Net Income
-228.91
+47.47%
-435.75
-228.37%
339.45
+74.74%
194.26
Pretax Income
-302.56
+41.42%
-516.51
-244.11%
358.42
+104.78%
175.03
Net Interest Income
55.04
-72.55%
200.52
-12.57%
229.35
-15.33%
270.86
Interest Expense
514.12
-26.18%
696.46
-2.79%
716.47
+82.60%
392.36
Interest Income
569.17
-36.55%
896.98
-5.16%
945.81
+42.61%
663.22
Gain On Sale Of Security
-155.26
-125.05%
-68.99
-192.33%
74.73
-1.23%
75.65
Tax Provision
-86.70
+17.04%
-104.51
-1556.82%
7.17
-53.64%
15.47
Tax Rate For Calcs
0.00
+42.08%
0.00
+909.19%
0.00
-77.36%
0.00
Tax Effect Of Unusual Items
24.50
+358.99%
-9.46
-347.61%
3.82
+1171.50%
-0.36
Net Income Including Noncontrolling Interests
-221.06
+48.64%
-430.40
-223.53%
348.41
+71.49%
203.16
Net Income From Continuing Operation Net Minority Interest
-223.71
+46.40%
-417.36
-221.93%
342.29
+127.20%
150.65
Net Income From Continuing And Discontinued Operation
-228.91
+47.47%
-435.75
-228.37%
339.45
+74.74%
194.26
Net Income Continuous Operations
-215.85
+47.61%
-412.00
-217.30%
351.25
+120.15%
159.55
Net Income Discontinuous Operations
-5.21
+71.69%
-18.40
-549.22%
-2.83
-106.50%
43.61
Minority Interests
-7.85
-46.61%
-5.36
+40.21%
-8.96
-0.67%
-8.90
Normalized Income
-284.58
+25.11%
-379.98
-344.80%
155.22
+0.58%
154.33
Net Income Common Stockholders
-236.91
+46.61%
-443.75
-233.88%
331.45
+77.95%
186.27
Diluted EPS
-1.44
+45.25%
-2.63
-218.47%
2.22
+33.73%
1.66
Basic EPS
-1.44
+45.25%
-2.63
-216.89%
2.25
+30.06%
1.73
Basic Average Shares
164.54
-2.70%
169.11
+15.16%
146.84
+37.39%
106.88
Diluted Average Shares
167.26
-1.88%
170.47
+14.74%
148.57
+26.77%
117.19
Diluted NI Availto Com Stockholders
-236.91
+46.61%
-443.75
-233.88%
331.45
+77.95%
186.27
Amortization
29.92
+36.17%
21.97
+177.74%
7.91
—
Amortization Of Intangibles Income Statement
29.92
+36.17%
21.97
+177.74%
7.91
—
Depreciation Amortization Depletion Income Statement
39.66
+47.72%
26.85
+136.32%
11.36
—
Depreciation And Amortization In Income Statement
39.66
+47.72%
26.85
+136.32%
11.36
—
Depreciation Income Statement
9.74
+99.79%
4.88
+41.33%
3.45
—
Other Non Interest Expense
102.52
+21.10%
84.66
+6.07%
79.81
+4.56%
76.33
Preferred Stock Dividends
8.00
+0.00%
8.00
-0.01%
8.00
+0.01%
8.00
Professional Expense And Contract Services Expense
30.84
+14.69%
26.89
-22.60%
34.74
+100.77%
17.30
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
7,769.80
-23.39%
10,141.92
-18.48%
12,441.22
+7.06%
11,620.98
Cash And Cash Equivalents
207.84
+44.53%
143.80
+3.30%
139.20
-5.56%
147.40
Receivables
229.99
-7.12%
247.62
-0.57%
249.05
+267.58%
67.75
Accounts Receivable
96.17
-48.30%
186.02
+28.64%
144.60
+318.19%
34.58
Other Receivables
133.81
+117.25%
61.60
-41.03%
104.45
+214.83%
33.18
Net PPE
3.37
-54.25%
7.36
+189.96%
2.54
+50.50%
1.69
Gross PPE
3.37
-54.25%
7.36
+189.96%
2.54
+50.50%
1.69
Other Properties
3.37
-54.25%
7.36
+189.96%
2.54
+50.50%
1.69
Goodwill And Other Intangible Assets
213.95
-0.46%
214.95
+35.09%
159.12
+13.34%
140.39
Goodwill
49.50
+0.00%
49.50
+28.47%
38.53
+1.88%
37.82
Other Intangible Assets
164.45
-0.60%
165.45
+37.20%
120.59
+17.57%
102.57
Investments And Advances
275.81
-4.36%
288.38
+5.78%
272.63
-95.94%
6,706.75
Long Term Equity Investment
161.42
-0.08%
161.56
+21.18%
133.32
+12.37%
118.64
Total Liabilities Net Minority Interest
6,126.53
-25.34%
8,206.18
-16.29%
9,802.82
+0.74%
9,730.74
Payables And Accrued Expenses
114.57
-22.91%
148.61
+1.85%
145.91
-4.43%
152.68
Payables
76.18
-26.40%
103.51
-2.89%
106.59
-7.11%
114.75
Accounts Payable
59.69
+11.93%
53.33
+28.13%
41.62
-13.19%
47.95
Other Payable
3.13
+117.41%
1.44
-60.40%
3.64
-69.16%
11.80
Dividends Payable
3.63
-91.58%
43.17
-20.48%
54.29
+15.08%
47.18
Current Accrued Expenses
38.39
-14.89%
45.10
+14.72%
39.31
+3.65%
37.93
Current Debt And Capital Lease Obligation
385.12
+21.47%
317.05
+111.47%
149.92
-55.18%
334.46
Current Debt
385.12
+21.47%
317.05
+111.47%
149.92
-55.18%
334.46
Long Term Debt And Capital Lease Obligation
3,139.27
-45.10%
5,718.13
-19.40%
7,094.18
+11.81%
6,345.07
Long Term Debt
3,130.71
-45.08%
5,700.32
-19.55%
7,085.97
+11.71%
6,343.30
Long Term Capital Lease Obligation
8.56
-51.90%
17.81
+117.01%
8.21
+361.47%
1.78
Long Term Provisions
12.33
+67.52%
7.36
+5.52%
6.97
-35.70%
10.85
Non Current Deferred Liabilities
—
—
32.98
+6.77%
30.89
Non Current Deferred Revenue
—
—
—
—
Non Current Deferred Taxes Liabilities
—
—
32.98
+6.77%
30.89
Preferred Securities Outside Stock Equity
8.36
+0.00%
8.36
+0.00%
8.36
+0.00%
8.36
Stockholders Equity
1,544.03
-16.00%
1,838.05
-27.63%
2,539.94
+41.81%
1,791.09
Common Stock Equity
1,432.65
-17.03%
1,726.67
-28.90%
2,428.56
+44.58%
1,679.71
Capital Stock
111.39
+0.00%
111.39
+0.00%
111.39
+0.01%
111.39
Common Stock
0.02
+0.00%
0.02
+0.00%
0.02
+54.55%
0.01
Preferred Stock
111.38
+0.00%
111.38
+0.00%
111.38
+0.00%
111.38
Share Issued
163.01
+0.13%
162.79
-5.50%
172.28
+55.87%
110.52
Ordinary Shares Number
163.01
+0.13%
162.79
-5.50%
172.28
+55.87%
110.52
Additional Paid In Capital
2,264.36
+0.62%
2,250.29
-3.09%
2,321.99
+37.88%
1,684.07
Retained Earnings
-807.52
-59.88%
-505.09
-505.98%
124.41
+2391.25%
4.99
Gains Losses Not Affecting Retained Earnings
-24.20
-30.42%
-18.55
-3.87%
-17.86
-90.63%
-9.37
Minority Interest
99.23
+1.57%
97.70
-0.78%
98.46
-0.69%
99.15
Other Equity Adjustments
-24.20
-30.42%
-18.55
-3.87%
-17.86
-90.63%
-9.37
Total Equity Gross Minority Interest
1,643.27
-15.11%
1,935.74
-26.63%
2,638.40
+39.58%
1,890.23
Total Capitalization
4,674.74
-37.99%
7,538.37
-21.69%
9,625.91
+18.34%
8,134.39
Invested Capital
4,948.48
-36.10%
7,744.03
-19.87%
9,664.45
+15.64%
8,357.47
Total Debt
3,524.39
-41.60%
6,035.17
-16.69%
7,244.10
+8.45%
6,679.54
Net Debt
3,307.98
-43.68%
5,873.56
-17.24%
7,096.69
+8.67%
6,530.36
Capital Lease Obligations
8.56
-51.90%
17.81
+117.01%
8.21
+361.47%
1.78
Net Tangible Assets
1,330.08
-18.05%
1,623.10
-31.83%
2,380.82
+44.23%
1,650.70
Tangible Book Value
1,218.70
-19.38%
1,511.72
-33.39%
2,269.44
+47.43%
1,539.32
Available For Sale Securities
114.39
-7.61%
123.82
-8.86%
135.86
-97.94%
6,584.80
Cash Cash Equivalents And Federal Funds Sold
249.53
+36.53%
182.77
-30.37%
262.51
+34.24%
195.54
Derivative Product Liabilities
1.43
+306.82%
0.35
+66.04%
0.21
-83.93%
1.32
Held To Maturity Securities
0.00
-100.00%
3.00
-12.94%
3.45
+4.23%
3.31
Line Of Credit
385.12
+21.47%
317.05
+111.47%
149.92
-55.18%
334.46
Preferred Shares Number
4.93
+0.00%
4.93
+0.00%
4.93
+0.00%
4.93
Preferred Stock Equity
111.38
+0.00%
111.38
+0.00%
111.38
+0.00%
111.38
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
432.12
+57.24%
274.81
+437.48%
51.13
-85.76%
359.15
Cash Flow From Continuing Operating Activities
455.90
+59.18%
286.40
+385.46%
58.99
-78.45%
273.74
Cash From Discontinued Operating Activities
-23.78
-105.32%
-11.58
-47.29%
-7.87
-109.21%
85.41
Net Income From Continuing Operations
-215.85
+47.61%
-412.00
-217.30%
351.25
+120.15%
159.55
Depreciation Amortization Depletion
2.81
0.00
0.00
—
Depreciation
2.81
0.00
0.00
—
Depreciation And Amortization
2.81
0.00
0.00
—
Other Non Cash Items
531.02
+69.89%
312.56
+261.30%
-193.78
-205.77%
183.22
Stock Based Compensation
5.81
-28.48%
8.12
+7.54%
7.55
+0.73%
7.50
Asset Impairment Charge
23.50
-58.40%
56.50
+554.12%
8.64
+114.18%
4.03
Operating Gains Losses
141.27
+205.80%
46.20
+172.84%
-63.42
-2.94%
-61.61
Gain Loss On Investment Securities
143.54
+166.32%
53.90
+181.23%
-66.36
-26.92%
-52.28
Unrealized Gain Loss On Investment Securities
12.08
-19.91%
15.09
+270.14%
-8.87
+62.24%
-23.48
Change In Working Capital
-155.93
-15.68%
-134.79
-62.47%
-82.96
-132.41%
-35.70
Change In Receivables
-2.97
-252.62%
1.95
+109.14%
-21.31
-251.09%
14.11
Changes In Account Receivables
—
—
-10.23
-174.08%
-3.73
Change In Payables And Accrued Expense
-14.41
+35.12%
-22.21
-258.92%
13.98
+120.71%
-67.50
Change In Other Working Capital
-1.38
-126.44%
5.23
-57.68%
12.37
-78.26%
56.90
Change In Other Current Assets
-137.16
-14.53%
-119.76
-36.10%
-88.00
-124.50%
-39.20
Investing Cash Flow
1,642.54
+7.00%
1,535.02
+50.57%
1,019.44
+165.50%
-1,556.43
Cash Flow From Continuing Investing Activities
1,599.22
+11.45%
1,434.97
+40.50%
1,021.35
+165.83%
-1,551.53
Cash From Discontinued Investing Activities
43.32
-56.70%
100.05
+5343.45%
-1.91
+61.04%
-4.90
Net Investment Purchase And Sale
-27.14
+18.34%
-33.24
-92.50%
-17.27
+56.54%
-39.73
Purchase Of Investment
-27.92
+16.00%
-33.24
-31.24%
-25.33
+80.25%
-128.24
Sale Of Investment
0.78
0.00
-100.00%
8.06
-90.89%
88.51
Net Business Purchase And Sale
19.54
+144.04%
-44.37
-214.61%
38.71
-68.67%
123.57
Purchase Of Business
—
-44.37
—
—
Net Intangibles Purchase And Sale
—
—
—
—
Purchase Of Intangibles
—
—
—
—
Net Other Investing Changes
26.34
-48.66%
51.30
-9.19%
56.49
+351.41%
-22.47
Financing Cash Flow
-2,037.69
-8.40%
-1,879.78
-73.24%
-1,085.09
-192.66%
1,170.98
Cash Flow From Continuing Financing Activities
-2,033.36
-10.56%
-1,839.15
-62.28%
-1,133.31
-189.65%
1,264.17
Net Issuance Payments Of Debt
-1,820.52
-18.41%
-1,537.41
-79.80%
-855.05
-159.44%
1,438.55
Issuance Of Debt
3,325.66
+43.32%
2,320.41
-55.79%
5,248.23
-49.43%
10,377.87
Repayment Of Debt
-5,146.18
-33.40%
-3,857.82
+36.79%
-6,103.28
+31.73%
-8,939.32
Long Term Debt Issuance
3,325.66
+43.32%
2,320.41
-55.79%
5,248.23
-49.43%
10,377.87
Long Term Debt Payments
-5,146.18
-33.40%
-3,857.82
+36.79%
-6,103.28
+31.73%
-8,939.32
Net Long Term Debt Issuance
-1,820.52
-18.41%
-1,537.41
-79.80%
-855.05
-159.44%
1,438.55
Net Common Stock Issuance
-67.60
+17.82%
-82.25
-356.94%
-18.00
-120.80%
86.52
Common Stock Payments
-67.60
+17.82%
-82.25
-354.22%
-18.11
+51.02%
-36.97
Common Stock Dividend Paid
-113.32
+45.01%
-206.06
+4.20%
-215.09
-14.51%
-187.83
Cash Dividends Paid
-113.32
+45.01%
-206.06
+4.20%
-215.09
-14.51%
-187.83
Repurchase Of Capital Stock
-67.60
+17.82%
-82.25
-354.22%
-18.11
+51.02%
-36.97
Proceeds From Stock Option Exercised
-2.11
-70.11%
-1.24
+68.64%
-3.95
+32.13%
-5.82
Net Other Financing Charges
-29.83
-144.56%
-12.20
+70.41%
-41.22
+38.72%
-67.25
Changes In Cash
36.97
+152.85%
-69.95
-381.97%
-14.51
+44.82%
-26.30
Beginning Cash Position
182.77
-30.37%
262.51
-4.06%
273.60
-0.95%
276.23
End Cash Position
249.53
+36.53%
182.77
-30.37%
262.51
-4.06%
273.60
Free Cash Flow
432.12
+57.24%
274.81
+437.48%
51.13
-85.76%
359.15
Interest Paid Supplemental Data
489.25
-25.79%
659.26
-0.29%
661.17
+86.12%
355.23
Income Tax Paid Supplemental Data
—
—
2.01
-93.11%
29.16
Common Stock Issuance
0.00
0.00
-100.00%
0.11
-99.91%
123.49
Dividends Received CFI
33.23
+144.49%
13.59
+79.49%
7.57
-95.09%
154.23
Earnings Losses From Equity Investments
-2.27
+70.51%
-7.70
-362.60%
2.93
+131.44%
-9.33
Interest Paid CFO
-6.02
+92.24%
-77.57
-84.05%
-42.15
0.00
Issuance Of Capital Stock
0.00
0.00
-100.00%
0.11
-99.91%
123.49
Net Investment Properties Purchase And Sale
—
—
-12.46
-13.59%
-10.97
Net Preferred Stock Issuance
—
—
0.00
0.00
Other Cash Adjustment Outside Changein Cash
29.79
+404.50%
-9.78
-386.50%
3.42
-85.58%
23.68
Preferred Stock Payments
—
—
0.00
0.00
Purchase Of Investment Properties
—
—
-12.46
-13.59%
-10.97
Sale Of Business
19.54
0.00
-100.00%
38.71
-68.67%
123.57
Cash Flow From Discontinued Operation
—
—
48.22
+151.74%
-93.19
Cash From Discontinued Financing Activities
-4.32
+89.36%
-40.63
-184.26%
48.22
+151.74%
-93.19
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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