Previous close | 9.93 |
Open | 10.20 |
Bid | 0.00 x 1200 |
Ask | 0.00 x 3000 |
Day's range | 10.12 - 10.72 |
52-week range | 9.36 - 14.75 |
Volume | |
Avg. volume | 1,891,736 |
Market cap | 1.864B |
Beta (5Y monthly) | 1.44 |
PE ratio (TTM) | 7.74 |
EPS (TTM) | 1.38 |
Earnings date | 02 Aug 2023 - 07 Aug 2023 |
Forward dividend & yield | 1.20 (12.08%) |
Ex-dividend date | 29 Jun 2023 |
1y target est | 12.63 |
NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans, today announced that its Board of Directors approved a stock repurchase program authorizing the repurchase of up to $100.0 million of the Company’s common stock. Repurchases under the stock repurchase program may be made at management’s discretio
NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that Tom Capasse, Ready Capital’s Chairman and Chief Executive Officer, will present at REITweek 2023: Nareit’s Investor Conference at the New York Hilton Midtown on Wednesday, June 7, 2023 at 3:30 p.m. Eastern Time. Access to a live audio-webcast of the presentation in listen-only mode will be available through the “Investor Relations” section of the Company’s website, www.readycapital.com.
Ellington Financial (EFC) enters into an agreement to acquire Arlington (AAIC) in a stock-and-cash transaction. This deal is likely to increase scale and provide greater access to capital markets.
Ready Capital's (RC) buyout of Broadmark fortifies its presence in lower and middle CRE market space, and will be accretive to 2024 earnings.
NEW YORK, May 31, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) ("Ready Capital" or the "Company") today announced that it has completed the previously announced merger ("Merger") pursuant to the terms of the Merger Agreement, dated as of February 26, 2023, by and among Ready Capital, a multi-strategy real estate finance company that originates, acquires, finances and services small-to-medium balance commercial loans, Broadmark Realty Capital Inc. (NYSE:BRMK) (“Broadmark”), a spec
Investors need to pay close attention to Ready Capital (RC) stock based on the movements in the options market lately.
NEW YORK, May 30, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (“Ready Capital” or the “Company”) today announced that at the special meeting of stockholders held today, conducted by means of a virtual meeting held live over the internet, its stockholders approved the issuance of the Company’s common stock pursuant to the terms of the previously announced merger agreement with Broadmark Realty Capital Inc. (“Broadmark”). Pursuant to the merger agreement, Ready Capital will acquir
NEW YORK, May 23, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (“Ready Capital”), a multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans, today announced that Red Stone, a Ready Capital company acquired in 2021, is pleased to confirm the completion and grand opening of a vital renovation project that will house 120 formerly homeless veterans in renovated buildings in West Los Angeles (LA), adjacent
NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”) announced that its Board of Directors declared two dividends to common stockholders and operating partnership unitholders totaling $0.40. The first, a prorated dividend of $0.26 per share of common stock and operating partnership unit (the “Prorated Dividend”). The Prorated Dividend is payable June 15, 2023 to common stockholders and operating partnership unitholders of record as of
Ready Capital (RC) delivered earnings and revenue surprises of -24.39% and 10.26%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- GAAP EARNINGS PER COMMON SHARE OF $0.30 -- DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.31 -- DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS’ EQUITY OF 8.5% - NEW YORK, May 08, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans, today reported financial results for the quarter ended March 31, 2023. “Our lower-to-mi
Starwood Property Trust (STWD) delivered earnings and revenue surprises of 0% and 1.92%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Ready Capital (RC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NexPoint (NREF) delivered earnings and revenue surprises of 6.12% and 24.78%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its first quarter 2023 financial results after the New York Stock Exchange closes on Monday, May 8, 2023. Management will host a webcast and conference call on Tuesday, May 9, 2023 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended March 31, 2023. Webcast:The Company encourages use of th
While Ready Capital Corporation ( NYSE:RC ) shareholders are probably generally happy, the stock hasn't had...
NEW YORK, April 12, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation announced today that as of the first quarter of 2023, it exceeded $10 billion in bridge originations, comprising over 500 loans, since the launch of its bridge program in 2015. “Since the inception of our bridge lending platform, we have provided certainty of execution for our clients,” said David A. Cohen, Chief Production Officer. “Our success can be attributed to the breadth of our bridge lending products and our ability t
Investors need to pay close attention to Ready Capital (RC) stock based on the movements in the options market lately.
NEW YORK, March 15, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share of common stock and Operating Partnership unit for the quarter ended March 31, 2023. This dividend is payable on April 28, 2023, to shareholders of record as of the close of business on March 31, 2023. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25
Whilst it may not be a huge deal, we thought it was good to see that the Ready Capital Corporation ( NYSE:RC...
When solid companies are on sale for deeply discounted prices, it's often worthwhile to buy a stake before someone with deeper pockets can do something about it.
Ready Capital (RC) delivered earnings and revenue surprises of 2.44% and 44.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
− Transaction will create the 4th largest commercial mortgage REIT with a capital base of $2.8 billion – − Highly synergistic platforms and capital optimization will drive strong earnings per share accretion in 2024 and sustained long-term growth − − Expected value at closing of approximately $787 million − NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (“Ready Capital”), a multi-strategy real estate finance company that originates, acquires, finances and service
GAAP EARNINGS PER COMMON SHARE OF $0.08DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.42DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS’ EQUITY OF 11.4% NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans, today reported financial results for the quarter ended December 31, 2022. “Against a shifting eco
NEW YORK, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will host a webcast and conference call at 8:00 a.m. Eastern Time on Monday, February 27, 2023 to provide a general business update and discuss the financial results for the quarter ended December 31, 2022. The Company plans to release its financial results prior to the opening of the New York Stock Exchange. Webcast:The Company encourages use of the webcast due to po