RC - Ready Capital Corporation
After hours:
| Previous close | 9.93 |
| Open | 10.20 |
| Bid | 9.99 x 1200 |
| Ask | 11.35 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 June 2023 |
| 1y target est | 12.63 |
GlobeNewswireReady Capital Corporation Announces New Share Repurchase Program
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
- GlobeNewswire
Ready Capital to Present at Nareit’s REITweek 2023
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.
ZacksEllington Financial (EFC) Agrees to Acquire Arlington (AAIC)
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.
ZacksReady Capital (RC) Closes Broadmark Merger, Ups CRE Lending
Ready Capital's (RC) buyout of Broadmark fortifies its presence in lower and middle CRE market space, and will be accretive to 2024 earnings.
- GlobeNewswire
Ready Capital Corporation Announces Completion of Merger
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
ZacksImplied Volatility Surging for Ready Capital (RC) Stock Options
Investors need to pay close attention to Ready Capital (RC) stock based on the movements in the options market lately.
- GlobeNewswire
Ready Capital Corporation Stockholders Approve Issuance of Common Stock in Merger with Broadmark Realty Capital Inc.
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
PR NewswireCORRECTION NOTICE OF PRESS RELEASE ANNOUNCING IBUSINESS FUNDING ACQUISITION OF SELECT NON-SBA ASSETS AND TALENT FROM FOUNTAINHEAD SBF LLC
iBusiness Funding, LLC, a leading provider of innovative lending solutions like LenderAI and Lending as a Service (LaaS), today announced a correction to the 4th paragraph of its press release sent out on May 18, 2023.
- GlobeNewswire
Ready Capital’s Red Stone Announces Grand Opening of Two Buildings to House Formerly Homeless Veterans
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
PR NewswireIBUSINESS FUNDING AQUIRES SELECT NON-SBA ASSETS AND TALENT FROM FOUNTAINHEAD SBF LLC
iBusiness Funding, LLC, a leading provider of innovative lending solutions like LenderAI and Lending as a Service (LaaS), today announced the acquisition of select non-SBA assets and talent from Fountainhead SBF LLC. This strategic acquisition is part of iBusiness Funding's ongoing commitment to deliver a broader range of financial solutions to its growing customer base.
- GlobeNewswire
Ready Capital Corporation Declares Second Quarter Dividends
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
ZacksReady Capital (RC) Q1 Earnings and Revenues Lag Estimates
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?
- GlobeNewswire
Ready Capital Corporation Reports First Quarter 2023 Results
- 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
ZacksStarwood Property Trust (STWD) Q1 Earnings Meet Estimates
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?
ZacksEarnings Preview: Ready Capital (RC) Q1 Earnings Expected to Decline
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.
ZacksNexPoint (NREF) Surpasses Q1 Earnings Estimates
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?
- GlobeNewswire
Ready Capital Corporation Announces First Quarter 2023 Results and Webcast Call
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
Simply Wall St.Those who invested in Ready Capital (NYSE:RC) three years ago are up 149%
While Ready Capital Corporation ( NYSE:RC ) shareholders are probably generally happy, the stock hasn't had...
- GlobeNewswire
Ready Capital Crosses $10 Billion in Bridge Originations Since Launching its Bridge Platform in 2015
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
PR NewswireWaterfall Asset Management Closes Atlas Fund at $485M
Waterfall Asset Management ("Waterfall" or the "Firm"), a global alternative investment adviser, announced the final closing of its closed-end real estate fund, Waterfall Atlas Fund ("Atlas" or the "Fund"), which raised a total of $485 million in equity commitments, including through co-investment vehicles. The Fund will invest primarily in commercial real estate (CRE) equity as well as distressed loans and bonds. Atlas's strategy builds on the Firm's experience with investing in the CRE space t
ZacksAre Options Traders Betting on a Big Move in Ready Capital (RC) Stock?
Investors need to pay close attention to Ready Capital (RC) stock based on the movements in the options market lately.
- GlobeNewswire
Ready Capital Corporation Declares First Quarter 2023 Dividends
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
- Simply Wall St.
Trade Alert: The Independent Director Of Ready Capital Corporation (NYSE:RC), Gilbert Nathan, Has Just Spent US$97k Buying 17% More Shares
Whilst it may not be a huge deal, we thought it was good to see that the Ready Capital Corporation ( NYSE:RC...
Motley FoolThis Stock Market Bargain Was Too Good to Last
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.
ZacksReady Capital (RC) Q4 Earnings and Revenues Surpass Estimates
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?