Previous close | 20.31 |
Open | 20.37 |
Bid | 0.00 x 1400 |
Ask | 0.00 x 800 |
Day's range | 20.37 - 20.37 |
52-week range | 20.37 - 20.37 |
Volume | |
Avg. volume | N/A |
Market cap | N/A |
Beta (5Y monthly) | 1.13 |
PE ratio (TTM) | 9.91 |
EPS (TTM) | 2.06 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced another Company record for small loan closings (loans from $10,000 to $350,000) funding over fifty-five (55) SBA 7(a) small loans in April. The Company attributes this success and continuous growth to using a technology platform called LenderAI by iBusiness Funding LLC ("iBusiness Funding"), which is now available to all lenders.
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, 2022.
While recurring revenues and inorganic moves are expected to have aided, a normalization in residential originations in Q1 is likely to have marred Ready Capital's (RC) performance.