|Bid||14.39 x 900|
|Ask||14.80 x 900|
|Day's range||14.17 - 14.58|
|52-week range||13.24 - 16.78|
|Beta (5Y monthly)||1.08|
|PE ratio (TTM)||6.54|
|Earnings date||03 Aug 2022 - 08 Aug 2022|
|Forward dividend & yield||1.68 (11.66%)|
|Ex-dividend date||30 Mar 2022|
|1y target est||17.29|
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.