Previous close | 14.41 |
Open | 14.56 |
Bid | 14.39 x 900 |
Ask | 14.80 x 900 |
Day's range | 14.17 - 14.58 |
52-week range | 13.24 - 16.78 |
Volume | |
Avg. volume | 1,018,425 |
Market cap | 1.675B |
Beta (5Y monthly) | 1.08 |
PE ratio (TTM) | 6.54 |
EPS (TTM) | 2.21 |
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.